The tortilla market accounted for US$ 37,865.2 Mn in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period 2019 - 2027, to account to US$ 59,444.8 Mn by 2027.
Tortilla is basically a thin and flatbread prepared from wheat and corn. Several types of tortillas are available in the global market, including tortilla chips, tostadas, taco shells, and many more. High nutritive properties associated with the tortilla are anticipated to fuel the market growth. Different types of tortillas are very popular in North America and European countries, mainly in the US, Italy also Mexico. An uncooked corn tortilla is prepared with nixtamalized corn at 46%, 3% fat, hydration consists of 45% carbohydrates, also 6% protein (table). In a 100-gram amount, a raw corn tortilla delivers 218 calories, and it is a rich source of phosphorus (45% Daily Value) and magnesium (20% DV). It is a moderate source of (10-19% DV) of vitamin B6, manganese, niacin, and zinc. Due to these nutritional properties, tortillas are quite popular among the consumers.
The studied market in the South and Central America is expected to grow at the highest CAGR of 5.6% during the forecast period. The growth of the tortilla market in this region is mainly attributed to the huge and easy availability of raw materials required to produce tortillas, along with the presence of prominent global market players. Growing expenditure on nutrition & health, disposable income, and consumer awareness towards healthy food products are some of the key factors driving the tortilla market in South America. The increase in population, along with the continuous advancement in the food and beverage industries, has had a positive impact mainly on the economy of Brazil & Argentina that has advanced to a large extent. Brazil holds the largest share in the South American tortilla market, followed by Argentina and the rest of SAM. social media has a wide impact on consumer buying behavior in Brazil, which further propels the tortilla products market. In addition, rise in demand for convenience food products is influencing the studied market growth in this region.
Global Tortilla Market
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Market Insights
High Nutritive Properties Associated with Tortilla
An uncooked corn tortilla made with nixtamalized corn at a 46% hydration mainly consists of 3% fat, 45% carbohydrates, and 6% protein. In a 100-gram amount, one raw corn tortilla delivers 218 calories and is a rich source of phosphorus (45% DV) as well as magnesium (20% DV). It is also a moderate source of (10–19% DV) of vitamin B6, manganese, niacin, and zinc. Due to these nutritional properties, tortillas are highly popular among consumers, mainly in North America and Europe. Corn tortillas are the base for several traditional Mexican dishes, including tacos, tostadas, enchiladas, chilaquiles, flautas, quesadillas, and tortilla soup. Warmed corn tortillas are usually served as an accompaniment to stews, grilled meats, soups, and other dishes. In the US, wheat flour tortillas are often utilized for burritos and quesadillas. Corn tortillas are also deeply fried to prepare crispy tortilla chips. These chips are often salted also can be eaten alone or accompanied with several salsas and dips such as guacamole. In nachos, tortilla chips are a prime ingredient. Flour tortilla contains 200 calories, total carbohydrate 36g (12% DV), and dietary fiber 1 g (4% DV). Manufacturers offer tortillas that are organic, non-GMO, low carb, wheat-free, whole grain, gluten-free, and even vegetable-infused alternatives. These properties help create demand for tortilla among health-conscious consumers.
Nature Insights
Based on nature, the global tortilla market is segmented into organic and conventional. The conventional segment accounted for the largest share of the global tortilla market in 2018; however, the organic segment is expected to register the fastest growth rate during the forecast period. Conventional tortilla is prepared using the raw material grown in a conventional form of farming. Raw material obtains from crops such as corn, wheat, and others is grown using pesticides, chemical herbicides, and other chemicals. Conventional farmers use antibiotics and growth hormones to grow the crops unnaturally. Conventional farming is economical and beneficial for the farmers to gain more revenue since this method is suitable for large-scale production and cost-effective.
Global Tortilla Market, by Nature– 2018 and 2027
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Source Insights
The tortilla market, based on source, is segmented into wheat and corn. The corn segment accounted for the largest share of the global tortilla market in 2018. The corn tortilla is known as the traditional form of a tortilla. Many corn tortillas are prepared in stores through an industrial nixtamalization process. Although traditional tortillas are prepared from 100% maize, they can also be prepared from dehydrated maize flour. Corn tortillas are low in fat also low in sodium, and contain potassium, calcium, and fiber. Nixtamalization is an important step in improving the maize tortilla's nutritional profile. In the corn tortilla, it is said that there are about 60 calories in an average serving with 1 gram of fat. Corn tortillas are a rich source of magnesium & fiber. Fiber is quite essential for digestion & cardiac health, while magnesium plays an important role in the brain, heart, and muscle. Consumers are very much considering the health factor due to the changing lifestyle, hence adopting this product.
Product Type Insights
The tortilla market, based on product type, is segmented into the tortilla chips, taco shells, tostadas, flour tortillas, corn tortillas, and others. In 2018, under the product type segment, the tortilla chips market led the global tortilla market. Tortilla chips are known as a type of snack that is prepared from corn, as corn is the traditional tortilla source. These chips are prepared from yellow corn usually; however, they can also be prepared of white, blue, or red corn also are amongst one of the quick bites’ sections in the market. Some manufacturers include many other ingredients, including wheat, sugar, food coloring, and monosodium glutamate. Tortilla chips are available in the stores as both flavored and unflavored. They tend to be larger, thinner, and less salty. They're not really triangular, but rather pie slice shapes. Tortillas are generally round in form; they're shaped like a pie or pizza with two straight edges and one curved. To be a triangle, they'd need to have three straight edges.
Distribution Channel Insights
The tortilla market, based on distribution channel, is segmented into the hypermarkets/supermarkets, convenience stores, online, and others. In 2018, under the distribution channel segment, the hypermarkets/supermarkets market led the global tortilla market. A supermarket is a usually type of self-service platform which gives the consumer a wide variety of options. These options vary from food, beverages up to household products, which are organized in sections and shelves. Products in supermarkets are placed in eye-catching assortments to attract customers. They normally offer a wide range of products from several brands under one roof and further sell them at relatively low prices compared to other distribution channels, and hence consumers prefer to shop from supermarkets. It is also convenient for a manufacturer to sell his product through supermarkets as in the case of sales through supermarkets, the producers sell his product to a distributor who then delivers these products in bulk to the supermarkets depending on its demand which means no wastage of the product. Tortillas are being widely available throughout the supermarkets/ hypermarkets globally, and they hold a major share in the sales of various tortilla products.
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Tortilla Market: Strategic Insights
Market Size Value in US$ 37,865.2 Million in 2018 Market Size Value by US$ 59,444.8 Million by 2027 Growth rate CAGR of 5.2% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Tortilla Market: Strategic Insights
| Market Size Value in | US$ 37,865.2 Million in 2018 |
| Market Size Value by | US$ 59,444.8 Million by 2027 |
| Growth rate | CAGR of 5.2% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Mergers and acquisitions, and research and development are the commonly adopted strategies by companies to expand their footprints worldwide, which is further impacting the size of the market. The players present in the tortilla market have been implementing the abovementioned strategies to expand their customer base and gain significant share in the global market, which also enables them to maintain their brand name globally.
Report Spotlights
- Progressive industry trends in the global tortilla market to help players develop effective long-term strategies
- Business growth strategies adopted by companies in developed and developing markets
- Quantitative analysis of the global tortilla market from 2017 to 2027
- Estimation of global tortilla demand generated by various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the tortilla ecosystem
- Recent developments to understand the competitive market scenario and global tortilla demand
- Market trends and outlook, coupled with factors driving and restraining the growth of the global tortilla market
- Insights to help in decision-making process by understanding strategies which underpin commercial interest with regard to the tortilla market growth globally
- Global tortilla market size at various nodes of the market
- Detailed overview and segmentation of the global tortilla market, as well as the tortilla industry dynamics
- Global tortilla market size in various regions with promising growth opportunities
Tortilla Market – By Nature
- Organic
- Conventional
Tortilla Market – By Source
- Wheat
- Corn
Tortilla Market – By Product Type
- Tortilla chips
- Taco shells
- Tostadas
- Flour tortillas
- Corn tortillas
- Others
Tortilla Market – By Distribution Channel
- Hypermarkets/Supermarkets
- Convenience stores
- Online
- Others
Company Profiles
- GRUMA, S.A.B. de C.V
- PepsiCo Inc.
- Easy Foods Inc.
- La Tortilla Factory
- Liven, S.A.
- Ole Mexican Foods Inc.
- Catallia Mexican Foods
- Aranda’s Tortilla Company, Inc.
- Arevalo Tortilleria, Inc.
- Azteca Foods, Inc.
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
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Mexico, Saudi Arabia, South Africa, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The growing demand for plant-based products offered by manufacturers and high nutritive properties associated with tortilla have been the major factors that have been favoring the tortilla market all over the globe. Food and beverage manufacturers focus on market trends and consumer requirements to develop innovative products and increase the sales of their entire product line. Therefore, in the past few years, several companies have launched innovative tortilla products that offer healthy options to consumers.
The North America accounted for the largest tortilla market. Several domestic and international companies have a strong foothold in the North American region. In the North America region, the US is a major market for tortilla.
Flour tortilla is the most widely used tortilla product all over the globe. Flour tortillas used in dishes such as fajitas, big burritos and chimichangas are somewhat bigger and may also be thicker. The flour tortillas are easier and softer to roll. They are available in multiple flavors, taste, types etc. in the super markets, retails, food joints etc.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Tortilla Market, by Nature
1.3.2 Tortilla Market, by Source
1.3.3 Tortilla Market, by Product Type
1.3.4 Tortilla Market, by Distribution Channel
1.3.5 Tortilla Market, by Geography
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
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 APAC PEST Analysis
4.2.4 MEA PEST Analysis
4.2.5 SAM PEST Analysis
4.3 Expert Opinions
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 – Global Market Analysis
6.1 Global Tortilla Market Overview
6.2 Global Tortilla Market Forecast and Analysis
6.3 Market Positioning – Key Market Players
7. Global Tortilla Market Analysis – By Nature
7.1 Overview
7.2 Global Tortilla Market Breakdown, By Nature, 2018 & 2027
7.3 Organic
7.3.1 Overview
7.3.2 Global Organic Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
7.4 Conventional
7.4.1 Overview
7.4.2 Global Conventional Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
8. Global Tortilla Market Analysis – By Source
8.1 Overview
8.2 Global Tortilla Market Breakdown, By Source, 2018 & 2027
8.3 Wheat
8.3.1 Overview
8.3.2 Global Wheat Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
8.4 Corn
8.4.1 Overview
8.4.2 Global Corn Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
9. Global Tortilla Market Analysis – By Product Type
9.1 Overview
9.2 Global Tortilla Market Breakdown, By Product Type, 2018 & 2027
9.3 Tortilla Chips
9.3.1 Overview
9.3.2 Global Tortilla Chips Market Revenue Forecasts to 2027 (US$ Mn)
9.3.3 Flavored Tortilla Chips Market
9.3.3.1 Overview
9.3.3.2 Global Flavored Tortilla Chips Market Revenue Forecasts to 2027 (US$ Mn)
9.3.4 Unflavored Tortilla Chips Market
9.3.4.1 Overview
9.3.4.2 Global Unflavored Tortilla Chips Market Revenue Forecasts to 2027 (US$ Mn)
9.4 Taco shells
9.4.1 Overview
9.4.2 Global Tortilla Taco Shells Market Revenue Forecasts to 2027 (US$ Mn)
9.5 Tostadas
9.5.1 Overview
9.5.2 Global Tortilla Tostadas Market Revenue Forecasts to 2027 (US$ Mn)
9.6 Flour Tortilla
9.6.1 Overview
9.6.2 Global Flour Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
9.7 Corn Tortilla
9.7.1 Overview
9.7.2 Global Corn Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Global Others Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
10. Global Tortilla Market Analysis – By Distribution Channel
10.1 Overview
10.2 Global Tortilla Market Breakdown, By Distribution channel, 2018 & 2027
10.3 Hypermarkets/Supermarkets
10.3.1 Overview
10.3.2 Global Hypermarkets/Supermarkets Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
10.4 Convenience Store
10.4.1 Overview
10.4.2 Global Tortilla Market in Convenience Store Revenue Forecasts to 2027 (US$ Mn)
10.5 Online
10.5.1 Overview
10.5.2 Global Online Tortilla Market Revenue and Forecasts to 2027 (US$ Mn)
10.6 Others
10.6.1 Overview
10.6.2 Global Tortilla Market in Other Distribution Channels Revenue and Forecasts to 2027 (US$ Mn)
11. Tortilla Market – Geographic Analysis
11.1 Overview
11.2 North America Tortilla Market Revenue And Forecasts To 2027
11.2.1 North America Tortilla Market Revenue and Forecast to 2027 (US$ Mn)
11.2.2 North America Tortilla Market Breakdown, by Nature
11.2.3 North America Tortilla Market Breakdown, by Source
11.2.4 North America Tortilla Market Breakdown, by Product Type
11.2.5 North America Tortilla Market Breakdown, by Distribution Channel
11.2.6 North America Tortilla Market Breakdown, by Country
11.2.6.1 US Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.2.6.1.1 US Tortilla Market Breakdown, by Nature
11.2.6.1.2 US Tortilla Market Breakdown, by Source
11.2.6.1.3 US Tortilla Market Breakdown, by Product Type
11.2.6.1.4 US Tortilla Market Breakdown, by Distribution Channel
11.2.6.2 Canada Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.2.6.2.1 Canada Tortilla Market Breakdown, by Nature
11.2.6.2.2 Canada Tortilla Market Breakdown, by Source
11.2.6.2.3 Canada Tortilla Market Breakdown, by Product Type
11.2.6.2.4 Canada Tortilla Market Breakdown, by Distribution Channel
11.2.6.3 Mexico Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.2.6.3.1 Mexico Tortilla Market Breakdown, by Nature
11.2.6.3.2 Mexico Tortilla Market Breakdown, by Source
11.2.6.3.3 Mexico Tortilla Market Breakdown, by Product Type
11.2.6.3.4 Mexico Tortilla Market Breakdown, by Distribution Channel
11.3 Europe Tortilla Market Revenue And Forecasts To 2027
11.3.1 Europe Tortilla Market Revenue and Forecast to 2027 (US$ Mn)
11.3.2 Europe Tortilla Market Breakdown, by Nature
11.3.3 Europe Tortilla Market Breakdown, by Source
11.3.4 Europe Tortilla Market Breakdown, by Product Type
11.3.5 Europe Tortilla Market Breakdown, by Distribution Channel
11.3.6 Europe Tortilla Market Breakdown, by Country
11.3.6.1 Germany Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.3.6.1.1 Germany Tortilla Market Breakdown, by Nature
11.3.6.1.2 Germany Tortilla Market Breakdown, by Source
11.3.6.1.3 Germany Tortilla Market Breakdown, by Product Type
11.3.6.1.4 Germany Tortilla Market Breakdown, by Distribution Channel
11.3.6.2 France Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.3.6.2.1 France Tortilla Market Breakdown, by Nature
11.3.6.2.2 France Tortilla Market Breakdown, by Source
11.3.6.2.3 France Tortilla Market Breakdown, by Product Type
11.3.6.2.4 France Tortilla Market Breakdown, by Distribution Channel
11.3.6.3 Spain Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.3.6.3.1 Spain Tortilla Market Breakdown, by Nature
11.3.6.3.2 Spain Tortilla Market Breakdown, by Source
11.3.6.3.3 Spain Tortilla Market Breakdown, by Product Type
11.3.6.3.4 Spain Tortilla Market Breakdown, by Distribution Channel
11.3.6.4 UK Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.3.6.4.1 UK Tortilla Market Breakdown, by Nature
11.3.6.4.2 UK Tortilla Market Breakdown, by Source
11.3.6.4.3 UK Tortilla Market Breakdown, by Product Type
11.3.6.4.4 UK Tortilla Market Breakdown, by Distribution Channel
11.3.6.5 Rest of Europe Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.3.6.5.1 Rest Of Europe Tortilla Market Breakdown, by Nature
11.3.6.5.2 Rest Of Europe Tortilla Market Breakdown, by Source
11.3.6.5.3 Rest Of Europe Tortilla Market Breakdown, by Product Type
11.3.6.5.4 Rest Of Europe Tortilla Market Breakdown, by Distribution Channel
11.4 Asia Pacific Tortilla Market Revenue And Forecasts To 2027
11.4.1 Asia Pacific Tortilla Market Revenue and Forecast to 2027 (US$ Mn)
11.4.2 Asia Pacific Tortilla Market Breakdown, by Nature
11.4.3 Asia Pacific Tortilla Market Breakdown, by Source
11.4.4 Asia Pacific Tortilla Market Breakdown, by Product Type
11.4.5 Asia Pacific Tortilla Market Breakdown, by Distribution Channel
11.4.6 Asia Pacific Tortilla Market Breakdown, by Country
11.4.6.1 Australia Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.4.6.1.1 Australia Tortilla Market Breakdown, by Nature
11.4.6.1.2 Australia Tortilla Market Breakdown, by Source
11.4.6.1.3 Australia Tortilla Market Breakdown, by Product Type
11.4.6.1.4 Australia Tortilla Market Breakdown, by Distribution Channel
11.4.6.2 China Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.4.6.2.1 China Tortilla Market Breakdown, by Nature
11.4.6.2.2 China Tortilla Market Breakdown, by Source
11.4.6.2.3 China Tortilla Market Breakdown, by Product Type
11.4.6.2.4 China Tortilla Market Breakdown, by Distribution Channel
11.4.6.3 India Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.4.6.3.1 India Tortilla Market Breakdown, by Nature
11.4.6.3.2 India Tortilla Market Breakdown, by Source
11.4.6.3.3 India Tortilla Market Breakdown, by Product Type
11.4.6.3.4 India Tortilla Market Breakdown, by Distribution Channel
11.4.6.4 Japan Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.4.6.4.1 Japan Tortilla Market Breakdown, by Nature
11.4.6.4.2 Japan Tortilla Market Breakdown, by Source
11.4.6.4.3 Japan Tortilla Market Breakdown, by Product Type
11.4.6.4.4 Japan Tortilla Market Breakdown, by Distribution Channel
11.4.6.5 Rest of Asia Pacific Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.4.6.5.1 Rest of APAC Tortilla Market Breakdown, by Nature
11.4.6.5.2 Rest of APAC Tortilla Market Breakdown, by Source
11.4.6.5.3 Rest of APAC Tortilla Market Breakdown, by Product Type
11.4.6.5.4 Rest of APAC Tortilla Market Breakdown, by Distribution Channel
11.5 Middle East And Africa Tortilla Market Revenue And Forecasts To 2027
11.5.1 Middle East & Africa Tortilla Market Revenue and Forecast to 2027 (US$ Mn)
11.5.2 Middle East & Africa Tortilla Market Breakdown by Nature
11.5.3 Middle East & Africa Tortilla Market Breakdown by Source
11.5.4 Middle East & Africa Tortilla Market Breakdown by Product Type
11.5.5 Middle East & Africa Tortilla Market Breakdown by Distribution Channel
11.5.6 Middle East and Africa Tortilla Market Breakdown, by Key Countries
11.5.6.1 South Africa Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.5.6.1.1 South Africa Tortilla Market Breakdown by Nature
11.5.6.1.2 South Africa Tortilla Market Breakdown by Source
11.5.6.1.3 South Africa Tortilla Market Breakdown by Product Type
11.5.6.1.4 South Africa Tortilla Market Breakdown by Distribution Channel
11.5.6.2 Saudi Arabia Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.5.6.2.1 Saudi Arabia Tortilla Market Breakdown by Nature
11.5.6.2.2 Saudi Arabia Tortilla Market Breakdown by Source
11.5.6.2.3 Saudi Arabia Tortilla Market Breakdown by Product Type
11.5.6.2.4 Saudi Arabia Tortilla Market Breakdown by Distribution Channel
11.5.6.3 U.A.E Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.5.6.3.1 U.A.E Tortilla Market Breakdown by Nature
11.5.6.3.2 U.A.E Tortilla Market Breakdown by Source
11.5.6.3.3 U.A.E Tortilla Market Breakdown by Product Type
11.5.6.3.4 U.A.E Tortilla Market Breakdown by Distribution Channel
11.5.6.4 Rest of Middle East and Africa Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.5.6.4.1 Rest of Middle East and Africa Tortilla Market Breakdown by Nature
11.5.6.4.2 Rest of Middle East and Africa Tortilla Market Breakdown by Source
11.5.6.4.3 Rest of Middle East and Africa Tortilla Market Breakdown by Product Type
11.5.6.4.4 Rest of Middle East and Africa Tortilla Market Breakdown by Distribution Channel
11.6 South America Tortilla Market Revenue and Forecasts To 2027
11.6.1 South America Tortilla Market Revenue and Forecast to 2027 (US$ Mn)
11.6.2 SAM Tortilla Market Breakdown, by Nature
11.6.3 SAM Tortilla Market Breakdown, by Source
11.6.4 SAM Tortilla Market Breakdown, by Product Type
11.6.5 SAM Tortilla Market Breakdown, by Distribution Channel
11.6.6 South America Tortilla Market Breakdown, by Country
11.6.6.1 Brazil Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.6.6.1.1 Brazil Tortilla Market Breakdown, by Nature
11.6.6.1.2 Brazil Tortilla Market Breakdown, by Source
11.6.6.1.3 Brazil Tortilla Market Breakdown, by Product Type
11.6.6.1.4 Brazil Tortilla Market Breakdown, by Distribution Channel
11.6.6.2 Argentina Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.6.6.2.1 Argentina Tortilla Market Breakdown, by Nature
11.6.6.2.2 Argentina Tortilla Market Breakdown, by Source
11.6.6.2.3 Argentina Tortilla Market Breakdown, by Product Type
11.6.6.2.4 Argentina Tortilla Market Breakdown, by Distribution Channel
11.6.6.3 Rest of SAM Tortilla Market Revenue and Forecast to 2027 (US$ MN)
11.6.6.3.1 Rest of SAM Tortilla Market Breakdown, by Nature
11.6.6.3.2 Rest of SAM Tortilla Market Breakdown, by Source
11.6.6.3.3 Rest of SAM Tortilla Market Breakdown, by Product Type
11.6.6.3.4 Rest of SAM Tortilla Market Breakdown, by Distribution Channel
12. Industry Landscape
12.1 New Development
12.2 Strategy And Business Planning
13. COMPANY PROFILES
13.1 GRUMA, S.A.B. de C.V
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 PepsiCo Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Easy Foods Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 La Tortilla Factory
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Liven, S.A.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ole Mexican Foods Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Catallia Mexican Foods.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Aranda’s Tortilla Company, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.9 Arevalo Tortilleria, Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.10 Azteca Foods, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Global Tortilla Market Revenue and Forecasts To 2027 (US$ Mn)
Table 2. North America Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 3. North America Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 4. North America Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 5. North America Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 6. US Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 7. US Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 8. US Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 9. US Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 10. Canada Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 11. Canada Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 12. Canada Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 13. Canada Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 14. Mexico Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 15. Mexico Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 16. Mexico Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 17. Mexico Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 18. Europe Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 19. Europe Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 20. Europe Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 21. Europe Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 22. Germany Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 23. Germany Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 24. Germany Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 25. Germany Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 26. France Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 27. France Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 28. France Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 29. France Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 30. Spain Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 31. Spain Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 32. Spain Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 33. Spain Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 34. UK Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 35. UK Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 36. UK Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 37. UK Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 38. Rest Of Europe Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 39. Rest Of Europe Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 40. Rest Of Europe Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 41. Rest Of Europe Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 42. Asia Pacific Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 43. Asia Pacific Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 44. Asia Pacific Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 45. Asia Pacific Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 46. Australia Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 47. Australia Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 48. Australia Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 49. Australia Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 50. China Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 51. China Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 52. China Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 53. China Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 54. India Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 55. India Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 56. India Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 57. India Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 58. Japan Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 59. Japan Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 60. Japan Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 61. Japan Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 62. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 63. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 64. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 65. Rest of APAC Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 66. Middle East & Africa Tortilla Market Revenue And Forecasts To 2027 – by Nature (US$ Mn)
Table 67. Middle East & Africa Tortilla Market Revenue And Forecasts To 2027 – by Source (US$ Mn)
Table 68. Middle East & Africa Tortilla Market Revenue And Forecasts To 2027 – by Product Type (US$ Mn)
Table 69. Middle East & Africa Tortilla Market Revenue and Forecasts To 2027 – by Distribution Channel (US$ Mn)
Table 70. South Africa Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 71. South Africa Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 72. South Africa Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 73. South Africa Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 74. Saudi Arabia Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 75. Saudi Arabia Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 76. Saudi Arabia Tortilla Market Revenue and Forecasts To 2027 – By Product Type (US$ Mn)
Table 77. Saudi Arabia Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 78. U.A.E Tortilla Market Revenue and Forecasts To 2027 – By Nature (US$ Mn)
Table 79. U.A.E Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 80. U.A.E Tortilla Market Revenue and Forecasts To 2027 – By Product Type (US$ Mn)
Table 81. U.A.E Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 82. Rest of Middle East and Africa Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 83. Rest of Middle East and Africa Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 84. Rest of Middle East and Africa Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 85. Rest of Middle East and Africa Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 86. SAM Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 87. SAM Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 88. SAM Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 89. SAM Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 90. Brazil Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 91. Brazil Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 92. Brazil Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 93. Brazil Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 94. Argentina Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 95. Argentina Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 96. Argentina Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 97. Argentina Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 98. Rest of SAM Tortilla Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 99. Rest of SAM Tortilla Market Revenue And Forecasts To 2027 – By Source (US$ Mn)
Table 100. Rest of SAM Tortilla Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 101. Rest of SAM Tortilla Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)
Table 102. Glossary of Terms, Global Tortilla Market
LIST OF FIGURES
Figure 1. Tortilla Market Segmentation
Figure 2. Geographic Segmentation of Tortilla Market
Figure 3. Tortilla Market Overview
Figure 4. Corn Based Tortilla Held Larger Share of Tortilla market in 2018
Figure 5. Tortilla Market, by Geography, Value and CAGR
Figure 6. Tortilla Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe PEST Analysis
Figure 9. APAC – PEST Analysis
Figure 10. MEA – PEST Analysis
Figure 11. SAM – PEST Analysis
Figure 12. Expert Opinion
Figure 13. Tortilla market Impact Analysis of Driver and Restraints
Figure 14. Geographic Overview of Tortilla Market
Figure 15. Tortilla Market Forecast and Analysis, (US$ Mn)
Figure 16. Global Tortilla Market Breakdown by Nature, Value, 2018 & 2027 (%)
Figure 17. Global Organic Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 18. Global Conventional Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 19. Global Tortilla Market Breakdown by Source, Value, 2018 & 2027 (%)
Figure 20. Global Wheat Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 21. Global Corn Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 22. Global Tortilla Market Breakdown by Product Type, Value, 2018 & 2027 (%)
Figure 23. Global Tortilla Chips Market Revenue Forecasts To 2027 (US$ Mn)
Figure 24. Global Flavored Tortilla Chips Market Revenue Forecasts To 2027 (US$ Mn)
Figure 25. Global Unflavored Tortilla Chips Market Revenue Forecasts To 2027 (US$ Mn)
Figure 26. Global Tortilla Taco Shells Market Revenue Forecasts To 2027 (US$ Mn)
Figure 27. Global Tortilla Tostadas Market Revenue Forecasts To 2027 (US$ Mn)
Figure 28. Global Flour Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 29. Global Corn Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 30. Global Others Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 31. Global Tortilla Market Breakdown, By Distribution channel, By value, To 2027 (US$ Mn)
Figure 32. Global Hypermarkets/Supermarkets Tortilla Market Revenue Forecasts To 2027 (US$ Mn)
Figure 33. Global Tortilla Market in Convenience Store Market Revenue Forecasts To 2027 (US$ Mn)
Figure 34. Global Online Tortilla Market Revenue Forecasts to 2027 (US$ Mn)
Figure 35. Global Tortilla Market in Other Distribution Channels Revenue and Forecasts to 2027 (US$ Mn)
Figure 36. Tortilla Market Breakdown, by Region, 2018 & 2027 (%)
Figure 37. North America Tortilla Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 38. North America Tortilla Market Breakdown, by Nature, 2018 & 2027 (%)
Figure 39. North America Tortilla Market Breakdown, by Source, 2018 & 2027 (%)
Figure 40. North America Tortilla Market Breakdown, by Product Type, 2018 & 2027 (%)
Figure 41. North America Tortilla Market Breakdown, by Distribution Channel, 2018 & 2027 (%)
Figure 42. North America Tortilla Market Breakdown, by Country, 2018 & 2027(%)
Figure 43. US Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 44. Canada Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 45. Mexico Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 46. Europe Tortilla Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 47. Europe Tortilla Market Breakdown, by Nature, 2018 & 2027 (%)
Figure 48. Europe Tortilla Market Breakdown, by Source, 2018 & 2027 (%)
Figure 49. Europe Tortilla Market Breakdown, by Product Type, 2018 & 2027 (%)
Figure 50. Europe Tortilla Market Breakdown, by Distribution Channel, 2018 & 2027 (%)
Figure 51. Europe Tortilla Market Breakdown, by Country, 2018 & 2027(%)
Figure 52. Germany Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 53. France Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 54. Spain Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 55. UK Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 56. Rest Of Europe Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 57. Asia Pacific Tortilla Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 58. Asia Pacific Tortilla Market Breakdown, by Nature, 2018 & 2027 (%)
Figure 59. Asia Pacific Tortilla Market Breakdown, by Source, 2018 & 2027 (%)
Figure 60. Asia Pacific Tortilla Market Breakdown, by Product Type, 2018 & 2027 (%)
Figure 61. Asia Pacific Tortilla Market Breakdown, by Distribution Channel, 2018 & 2027 (%)
Figure 62. Asia Pacific Tortilla Market Breakdown, by Country, 2018 & 2027(%)
Figure 63. Australia Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 64. China Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 65. India Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 66. Japan Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 67. Rest Of Asia Pacific Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 68. Middle East & Africa Tortilla Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 69. Middle East & Africa Tortilla Market Breakdown by Nature, 2018 & 2027 (%)
Figure 70. Middle East & Africa Tortilla Market Breakdown by Source, 2018 & 2027 (%)
Figure 71. Middle East & Africa Tortilla Market Breakdown by Product Type, 2018 & 2027 (%)
Figure 72. Middle East & Africa Tortilla Market Breakdown by Distribution Channel, 2018 & 2027 (%)
Figure 73. Middle East and Africa Tortilla Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 74. South Africa Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 75. Saudi Arabia Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 76. U.A.E Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 77. Rest Of Middle East And Africa Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 78. South America Tortilla Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 79. SAM Tortilla Market Breakdown, by Nature, 2018 & 2027 (%)
Figure 80. SAM Tortilla Market Breakdown, by Source, 2018 & 2027 (%)
Figure 81. SAM Tortilla Market Breakdown, by Product Type, 2018 & 2027 (%)
Figure 82. SAM Tortilla Market Breakdown, by Distribution Channel, 2018 & 2027 (%)
Figure 83. South America Tortilla Market Breakdown, by Country, 2018 & 2027(%)
Figure 84. Brazil Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 85. Argentina Tortilla Market Forecasts To 2027 (US$ Mn)
Figure 86. Rest of SAM Tortilla Market Forecasts To 2027 (US$ Mn)
The List of Companies - Global Tortilla Market
- GRUMA, S.A.B. de C.V
- PepsiCo Inc.
- Easy Foods Inc.
- La Tortilla Factory
- Liven, S.A.
- Ole Mexican Foods Inc.
- Catallia Mexican Foods
- Aranda’s Tortilla Company, Inc.
- Arevalo Tortilleria, Inc.
- Azteca Foods, Inc
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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