By 2022, the European gluten free tortilla market is anticipated to achieve US$ 1.3 billion with U-Okay main development in that area. The corn-based gluten free tortillas are gaining reputation as a consequence of their pure well being advantages.
NEWARK, Del., July 12, 2022 /PRNewswire/ — In keeping with Future Market Insights, the gluten free tortilla market is anticipated to witness development at a CAGR of 6.4% and contact valuation of US$ 11.8 Bn by 2032. Rising desire for well being and wellness has skyrocketed which is pushing the demand for wholesome options for meals merchandise. That is anticipated to enhance the demand for gluten free tortillas over the forecast interval (2022-2032).
Gluten free tortillas are constructed from gluten free grains reminiscent of corn, rise and potatoes starch. They’ve the identical dietary profile, nonetheless, they don’t trigger any irritation to the gut to shoppers who’re delicate to gluten.
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Tortillas will be served with a wide range of beans, greens, and cheese dips for a fast and healthful snack. With rising consumption of handy, wholesome, and ready-to-cook meals merchandise, demand for quick-to-prepare snacks reminiscent of gluten free tortillas is projected to develop.
Key Takeaways from Market Examine
- The gluten free tortillas market is anticipated to extend at CAGR of 6.0% in North America and attain a valuation of US$ 1.5 Bn by 2032.
- Asia Pacific is anticipated to account for 17% of the worldwide gluten free tortillas market share throughout evaluation interval.
- Europe gluten free tortillas market is anticipated to achieve US$ at 1.3 Bn by 2022 with the U.Okay. spearheading the expansion within the area
- By supply, corn tortillas phase is anticipated to carry the best market share and is anticipated to extend at a CAGR of 6.1% between 2022 and 2032.
“Gluten free tortilla producers are leveraging their wholesome meals options to capitalize on rising demand for wholesome meals merchandise. They’re additionally adopting methods reminiscent of transparency and sustainability of manufacturers to standout within the competitors.” says a Future Market Insights analyst.
Key producers of gluten free tortillas are working collectively to develop new product variants to cater to the rising demand for wholesome meals merchandise.
- The Full Wrap, a gluten-free tortilla created from sprouted legumes, gained the Kraft Heinz Co.’s Future Meals-Tech innovation competitors on Sept. 30.2021 the place within the goal of the competitors was to provide you with new methods to make use of beans or pulses, that are legumes.
Main Firms Profiled in Gluten Free Tortilla Market are
- Azteca Meals Inc.
- Gruma SAB de CV
- Grupo Bimbo SAB de CV
- Grupo Liven, S.A.
- Tyson Meals, Inc
- Ole Mexican Meals Inc.
- Common Mills, Inc.
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Gluten Free Tortilla Market by Class
- Potato Starch
By Gross sales Channel:
- Offline Gross sales Channel
- Departmental Shops
- Comfort Retailer
- Different Gross sales Channel
- On-line Gross sales Channel
- Firm Web site
- E-commerce Platform
- North America
- Latin America
- East Asia
- South Asia
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Discover Extra Worthwhile Insights
Future Market Insights, in its new report, presents an neutral evaluation of the worldwide gluten free tortillas market, presenting historic information (2017-2021) and estimation statistics for the forecast interval of 2022-2032.
The examine presents compelling insights based mostly on Kind (Modified Starch, Native Starch), By Supply (Wheat, Corn, Different), By Gross sales Channel Offline Gross sales Channel (Supermarkets/Hypermarkets, Departmental Shops, Comfort Retailer, Different Gross sales Channel), On-line Gross sales Channel (Firm Web site, E-commerce Platform), By Area (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA)
About Meals & Beverage Division at Future Market Insights
The Meals & Beverage crew at Future Market Insights gives all the required insights and consulting evaluation to fulfil the distinctive enterprise intelligence wants of purchasers worldwide. With a list of greater than 500 stories in regards to the newest statistics and evaluation from the meals & beverage trade, the crew is blissful to assist with each enterprise intelligence analysis and consulting requirement.
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