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Tortilla Production in the US - Industry Market Research Report

  • June 2016
  • -
  • Ibisworld
  • -
  • 36 pages

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Eat up: The increasing number of Latin American restaurants will spur demand for tortillas



Abstract

Tortilla Production in the US

The Tortilla Production industry has wrapped itself around the American palate. Tortillas have become a staple of the American diet, driven by the rapidly growing Hispanic population in the United States. Additionally, the rising number of health-conscious consumers has spurred demand for tortillas, due to many tortillas containing fiber and vitamin B3. In the coming years, the burgeoning Hispanic population will continue to spur demand for tortillas; however, much of this consumer demand will taper off, causing revenue growth to slow.

Operators in this industry manufacture tortillas. They purchase various ingredients (such as flour, corn, corn starch, salt and seasoning) from other food manufacturers and then sell the tortillas to downstream buyers in both flexible and paperboard container packaging. The final product is sold to grocery wholesalers and retailers, caterers and other food service contractors, which then distribute them to consumers. Tortilla chips are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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