Press release
Tortilla Mixes Market Share Are Projected To Increase At A CAGR Of 6.7% Through 2033
Global demand for tortilla mixes is estimated to be valued at US$ 12.3 billion in 2023. The global tortilla mix market is anticipated to expand at a CAGR of 6.7% to reach a valuation of US$ 23.5 billion by the end of 2033.Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Tortilla Mix market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Tortilla Mix market.
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Key findings of the Tortilla Mix market study:
• Regional breakdown of the Tortilla Mix market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Tortilla Mix vendors in detail.
• Region-wise and country-wise fragmentation of the Tortilla Mix market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Tortilla Mix market.
Key Companies Profiled
• Aranda's Tortilla Company, Inc.
• Tyson Foods, Inc.
• Ole Mexican Foods, Inc.
• Grupo Liven, S.A.
• Grupo Bimbo SAB de CV
• Gruma SAB de CV
• Catallia Mexican Foods
• Azteca Foods, Inc.
Competitive Landscape
Leading suppliers of tortilla mixes invest heavily in enhancing their supply chain management to ensure quality products. In addition, they comply with regulations to minimize their environmental impact and maintain quality control. Prominent tortilla mix manufacturers are leveraging strategies such as mergers & acquisitions, collaborations, and innovative product development to create growth opportunities.
• Mission Foods established a manufacturing plant in suburban Indianapolis in August 2022 and aims to create 500 new jobs by the end of 2030.
• In July 2022, Frito-Lay announced an investment of US$ 200 million to increase its production capacity for tortilla chips and Funyuns.
Segmentation of Tortilla Mix Industry Research
• By Product :
o Tostadas
o Taco Shells
o Corn Tortilla Mixes
o Flour Tortilla Mixes
o Tortilla Mix Chips
• By Source :
o Corn
o Wheat
• By Processing Type :
o Fresh
o Frozen
• By Distribution Channel :
o Offline
o Online
• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
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Queries addressed in the Tortilla Mix market report:
• Why are the Tortilla Mix market players targeting region for increased product sales?
• What patented technologies are the players utilizing in the global Tortilla Mix market?
• Which regions are displaying the fastest growth in the Tortilla Mix market?
• What are the underlying micro- macroeconomic factors affecting the global Tortilla Mix market?
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