By 2022, the European gluten free tortilla market is anticipated to succeed in US$ 1.3 billion with UK main development in that area. The corn-based gluten free tortillas are gaining recognition because 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 alternate 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 created from gluten free grains comparable to corn, rise and potato starch. They’ve the identical dietary profile, nevertheless, they don’t trigger any irritation to the gut to customers who’re delicate to gluten.
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Tortillas could be served with a wide range of beans, greens, and cheese dips for a fast and wholesome snack. With rising consumption of handy, wholesome, and ready-to-cook meals merchandise, demand for quick-to-prepare snacks comparable to gluten free tortillas is projected to develop.
Key Takeaways from Market Research
- 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 through the evaluation interval.
- Europe gluten free tortillas market is anticipated to succeed in US$ at 1.3 Bn by 2022 with the UK spearheading the expansion within the area
- By supply, corn tortillas section 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 alternate options to capitalize on rising demand for wholesome meals merchandise. They’re additionally adopting methods comparable to transparency and sustainability of manufacturers to standout within the competitors.” says a Future Market Insights analyst.
Aggressive Panorama
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, received the Kraft Heinz Co.’s Future Meals-Tech innovation competitors on Sept. 30.2021 the place within the goal of the competitors was to give you new methods to make use of beans or pulses, that are legumes.
Main Firms Profileed in Gluten Free Tortilla Market are
- Azteca Meals Inc.
- Gruma SAB de CV
- Grupo Bimbo SAB de CV
- Grupo Liven, SA
- Tyson Meals, Inc
- Ole Mexican Meals Inc.
- Common Mills, Inc.
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Gluten Free Tortilla Market by Class
By Supply:
- Corn
- Rice
- Tapioca
- Potato Starch
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
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Discover Extra Precious Insights
Future Market Insights, in its new report, gives 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 research gives compelling insights primarily based on Sort (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 AsiaOceania, MEA)
About Meals & Beverage Division at Future Market Insights
The Meals & Beverage staff at Future Market Insights offers all the mandatory insights and consulting evaluation to meet the distinctive enterprise intelligence wants of purchasers worldwide. With a catalog of greater than 500 experiences concerning the newest statistics and evaluation from the meals & beverage business, the staff is pleased to assist with each enterprise intelligence analysis and consulting requirement.
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SOURCE Future Market Insights