Press release
Gluten Free Tortilla Market Demand to Nearly Double, Surpassing US$ 11.8 Bn by 2032 | FMI
According to Future Market Insights, the gluten free tortilla market is expected to witness growth at a CAGR of 6.4% and touch valuation of US$ 11.8 Bn by 2032. Growing preference for health and wellness has skyrocketed which is pushing the demand for healthy alternatives for food products. This is expected to improve the demand for gluten free tortillas over the forecast period (2022-2032).Gluten free tortillas are made from gluten free grains such as corn, rise and potatoes starch. They have same nutritional profile, however, they do not cause any inflammation to intestine to consumers who are sensitive to gluten.
Tortillas can be served with a variety of beans, vegetables, and cheese dips for a quick and healthful snack. With rising consumption of convenient, healthy, and ready-to-cook food products, demand for quick-to-prepare snacks such as gluten free tortillas is projected to grow.
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Key Takeaways from Market Study
The gluten free tortillas market is expected to increase at CAGR of 6.0% in North America and reach a valuation of US$ 1.5 Bn by 2032.
Asia Pacific is expected to account for 17% of the global gluten free tortillas market share during assessment period.
Europe gluten free tortillas market is expected to reach US$ at 1.3 Bn by 2022 with the U.K. spearheading the growth in the region
By source, corn tortillas segment is expected to hold the highest market share and is expected to increase at a CAGR of 6.1% between 2022 and 2032.
"Gluten free tortilla manufacturers are leveraging their healthy food alternatives to capitalize on growing demand for healthy food products. They are also adopting strategies such as transparency and sustainability of brands to standout in the competition." says a Future Market Insights analyst.
Competitive Landscape
Key manufacturers of gluten free tortillas are working collectively to develop new product variants to cater to the rising demand for healthy food products.
The Full Wrap, a gluten-free tortilla created from sprouted legumes, won the Kraft Heinz Co.'s Future Food-Tech innovation competition on Sept. 30.2021 where in the objective of the competition was to come up with new ways to use beans or pulses, which are legumes.
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Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global gluten free tortillas market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
Gluten Free Tortilla Market by Category
By Source:
Corn
Rice
Tapioca
Potato Starch
By Sales Channel:
Offline Sales Channel
Supermarkets/Hypermarkets
Departmental Stores
Convenience Store
Other Sales Channel
Online Sales Channel
Company Website
E-commerce Platform
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
Frequently Asked Questions
What will be the global gluten free tortilla market value in 2022?
What is the demand outlook forecast for the gluten free tortilla market globally?
What was the last 5-year CAGR for the gluten free tortilla market?
At what rate will gluten free tortilla demand grow in Europe?
What are the key trends shaping the gluten free tortilla demand market?
At what rate will gluten free tortilla demand grow in North America?
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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