Asia Pacific Tortilla Market Trends and Analysis by 2027
Asia Pacific Tortilla Market to 2027- Regional Analysis and Forecasts by Nature (Organic, Conventional); Source (Wheat, Corn); Product type (Tortilla chips, Taco shells, Tostadas, Flour tortillas, Corn tortillas, others); Distribution Channel (Hypermarkets/Supermarkets, Convenience stores, Online, Food Service)
- Status : Published
- Report Code : TIPRE00008347
- Category : Food and Beverages
- No. of Pages : 114
- Available Report Formats :
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Nature, Source, Product type, Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Tortilla Market – By Product Type
1.3.2 Asia Pacific Tortilla Market – By Nature
1.3.3 Asia Pacific Tortilla Market – By Source
1.3.4 Asia Pacific Tortilla Market – By Distribution Channel
1.3.5 Asia Pacific Tortilla Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Tortilla Market Landscape
4.1 Market Overview
4.1.1 Asia Pacific PEST Analysis
5. Tortilla Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Growing Demand for Plant-Based Products Offered by Manufacturers
5.1.2 High Nutritive Properties Associated with Tortilla
5.2 Key Market Restraints
5.2.1 Availability of Substitutes
5.3 Key Market Opportunities
5.3.1 Growing Demand for Organic, Non-GMO, and Gluten-Free Food Items
5.3.2 Product Promotion through E-Commerce
5.4 Future Trends
5.4.1 Increasing Inclination Toward Ready-to-Eat and Ready-to-Cook Food Items
5.5 Impact Analysis of Drivers and Restraints
6. Tortilla – Asia Pacific Market Analysis
6.1 Asia Pacific Tortilla Market Overview
6.2 Asia Pacific Tortilla Market Forecast and Analysis
7. Asia Pacific Tortilla Market Analysis – By Product Type
7.1 Overview
7.2 Asia Pacific Tortilla Market Breakdown, By Product Type, 2018 & 2027
7.3 Tortilla Chips
7.3.1 Overview
7.3.2 Asia Pacific Tortilla chips Market Revenue and Forecasts to 2027 (US$ MN)
7.4 Taco shells
7.4.1 Overview
7.4.2 Asia Pacific Tortilla Taco Shells Market Revenue Forecasts to 2027 (US$ Mn)
7.5 Tostadas
7.5.1 Overview
7.5.2 Asia Pacific Tostadas Market Revenue and Forecasts to 2027 (US$ MN)
7.6 Flour Tortilla
7.6.1 Overview
7.6.2 Asia Pacific Flour Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
7.7 Corn Tortilla
7.7.1 Overview
7.7.2 Asia Pacific Corn Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
7.8 Others
7.8.1 Overview
7.8.2 Asia Pacific Others Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
8. Asia Pacific Tortilla Market Analysis – By Nature
8.1 Overview
8.2 Asia Pacific Tortilla Market Breakdown, By Nature, 2018 & 2027
8.3 Conventional
8.3.1 Overview
8.3.2 Asia Pacific Conventional Tortilla Market Revenue and Forecasts to 2027 (US$ MN)
8.4 Organic
8.4.1 Overview
8.4.2 Asia Pacific Organic Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
9. Asia Pacific Tortilla Market Analysis – By Source
9.1 Overview
9.2 Asia Pacific Tortilla Market Breakdown, By Source, 2018 & 2027
9.3 Wheat
9.3.1 Overview
9.3.2 Asia Pacific Wheat Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
9.4 Corn
9.4.1 Overview
9.4.2 Asia Pacific Corn Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
10. Asia Pacific Tortilla Market Analysis – By Distribution Channel
10.1 Overview
10.2 Asia Pacific Tortilla Market Breakdown, By Distribution channel, 2018 & 2027
10.3 Hypermarkets/Supermarkets
10.3.1 Overview
10.3.2 Asia Pacific Hypermarkets/Supermarkets Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
10.4 Convenience Stores
10.4.1 Overview
10.4.2 Asia Pacific Tortilla Market in Convenience Store Revenue Forecasts to 2027 (US$ Mn)
10.5 Online
10.5.1 Overview
10.5.2 Asia Pacific Online Tortilla Market Revenue and Forecasts to 2027 (US$ Mn)
10.6 Food Service
10.6.1 Overview
10.6.2 Asia Pacific Tortilla Market in Food Service Distribution Channels Revenue and Forecasts to 2027 (US$ Mn)
11. Tortilla Market – Country Analysis
11.1 Overview
11.1.1 Asia Pacific Tortilla Market Breakdown, by Key Countries
11.1.1.1 Australia Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.1.1 Australia Tortilla Market Breakdown, by Nature
11.1.1.1.2 Australia Tortilla Market Breakdown, by Source
11.1.1.1.3 Australia Tortilla Market Breakdown, by Product Type
11.1.1.1.4 Australia Tortilla Market Breakdown, by Distribution Channel
11.1.1.2 China Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.2.1 China Tortilla Market Breakdown, by Nature
11.1.1.2.2 China Tortilla Market Breakdown, by Source
11.1.1.2.3 China Tortilla Market Breakdown, by Product Type
11.1.1.2.4 China Tortilla Market Breakdown, by Distribution Channel
11.1.1.3 India Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.3.1 India Tortilla Market Breakdown, by Nature
11.1.1.3.2 India Tortilla Market Breakdown, by Source
11.1.1.3.3 India Tortilla Market Breakdown, by Product Type
11.1.1.3.4 India Tortilla Market Breakdown, by Distribution Channel
11.1.1.4 Japan Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.4.1 Japan Tortilla Market Breakdown, by Nature
11.1.1.4.2 Japan Tortilla Market Breakdown, by Source
11.1.1.4.3 Japan Tortilla Market Breakdown, by Product Type
11.1.1.4.4 Japan Tortilla Market Breakdown, by Distribution Channel
11.1.1.5 Rest of Asia Pacific Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.1.1.5.1 Rest of APAC Tortilla Market Breakdown, by Nature
11.1.1.5.2 Rest of APAC Tortilla Market Breakdown, by Source
11.1.1.5.3 Rest of APAC Tortilla Market Breakdown, by Product Type
11.1.1.5.4 Rest of APAC Tortilla Market Breakdown, by Distribution Channel
12. COMPANY PROFILES
12.1 GRUMA, S.A.B. de C.V
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 PepsiCo Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Aranda’s Tortilla Company, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Conagra Brands Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific Tortilla Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Asia Pacific Tortilla Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 3. Australia Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 4. Australia Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 5. Australia Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 6. Australia Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 7. China Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 8. China Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 9. China Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 10. China Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 11. India Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 12. India Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 13. India Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 14. India Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 15. Japan Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 16. Japan Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 17. Japan Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 18. Japan Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 19. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 20. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 21. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 22. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 23. Glossary of Terms, Tortilla Market
LIST OF FIGURES
Figure 1. Asia Pacific Tortilla Market Segmentations
Figure 2. Asia Pacific Tortilla Market Segmentation – By Country
Figure 3. Asia Pacific Tortilla Market Overview
Figure 4. Corn Held Largest Share In The Asia Pacific Tortilla Market By Source
Figure 5. US Dominated The Asia Pacific Tortilla Market In 2018
Figure 6. Asia Pacific Tortilla Market, Industry Landscape
Figure 7. Asia Pacific – Pest Analysis
Figure 8. Tortilla market Impact Analysis of Driver and Restraints
Figure 9. Asia Pacific Tortilla Market Forecast And Analysis, (US$ Mn)
Figure 10. Asia Pacific Tortilla Market Breakdown by Product Type, 2018 & 2027 (%)
Figure 11. Asia Pacific Tortilla Chips Market Revenue Forecasts To 2027 (US$ Mn)
Figure 12. Asia Pacific Tortilla Taco Shells Market Revenue Forecasts To 2027 (US$ Mn)
Figure 13. Asia Pacific Tostadas Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 14. Asia Pacific Flour Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 15. Asia Pacific Corn Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 16. Asia Pacific Others Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 17. Asia Pacific Tortilla Market Breakdown by Nature, Value, 2018 & 2027 (%)
Figure 18. Asia Pacific Conventional Tortilla Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 19. Asia Pacific Organic Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 20. Asia Pacific Tortilla Market Breakdown by Source, Value, 2018 & 2027 (%)
Figure 21. Asia Pacific Wheat Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 22. Asia Pacific Corn Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 23. Asia Pacific Tortilla Market Breakdown, By Distribution channel, By value, To 2027 (US$ Mn)
Figure 24. Asia Pacific Hypermarkets/Supermarkets Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 25. Asia Pacific Tortilla Market in Convenience Store Market Revenue Forecasts To 2027 (US$ Mn)
Figure 26. Asia Pacific Online Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
Figure 27. Asia Pacific Tortilla Market in Food Service Distribution Channels Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Asia Pacific Tortilla Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 29. Australia Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 30. China Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 31. India Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 32. Japan Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 33. Rest Of Asia Pacific Tortilla Market Forecasts To 2027 (US$ Mn)
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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