Report ID: SQMIG30I2349
Report ID:
SQMIG30I2349 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
62 |
Figures:
75
North America dominated the global market, where the love for Mexican cuisine has propelled the demand for tortillas to new heights. With its vibrant flavors and versatile applications, tortillas have become a staple in North American households and restaurants alike. The region boasts a substantial market share, driven by the popularity of Mexican and Tex-Mex cuisine. For instance, in the United States, tortillas have gained immense popularity as a substitute for bread in sandwiches and wraps, contributing to a significant market share. Additionally, the booming fast-food industry in North America, with major players offering Mexican-inspired menu items, further fuels the growth of the tortilla market.
In terms of the fastest-growing region in the tortilla market, Asia Pacific stands out as a region with enormous potential and a rapidly expanding consumer base. As the region embraces global culinary influences and experiences changing dietary preferences, tortillas are gaining traction as a fusion ingredient and a versatile addition to various Asian dishes. Countries like China, Japan, and South Korea are witnessing a surge in the popularity of Mexican cuisine and the integration of tortillas into their local gastronomy. For instance, in China, Mexican-themed restaurants and food trucks are gaining popularity, introducing tortillas as a new and exciting element in the culinary landscape. The region's evolving taste preferences, coupled with a large population base, present a fertile ground for the tortilla market to flourish, making it one of the fastest-growing regions in terms of market share.
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Report ID: SQMIG30I2349