According to Future Market Insights, the gluten
free tortilla market is expected to witness growth at a CAGR of 6.4%
and touch valuation of US$ 11.8 Bn by 2032. Growing
preference for health and wellness has skyrocketed which is pushing the demand
for healthy alternatives for food products. This is expected to improve the
demand for gluten free tortillas over the forecast period (2022-2032).
Gluten free tortillas are made from gluten free grains such
as corn, rise and potatoes starch. They have same nutritional profile, however,
they do not cause any inflammation to intestine to consumers who are sensitive
to gluten.
Tortillas can be served with a variety of beans, vegetables,
and cheese dips for a quick and healthful snack. With rising consumption of
convenient, healthy, and ready-to-cook food products, demand for
quick-to-prepare snacks such as gluten free tortillas is projected to grow.
Key Takeaways from Market Study
- The
gluten free tortillas market is expected to increase at CAGR of 6.0% in
North America and reach a valuation of US$ 1.5 Bn by 2032.
- Asia
Pacific is expected to account for 17% of the global gluten free tortillas
market share during assessment period.
- Europe
gluten free tortillas market is expected to reach US$ at 1.3 Bn by 2022
with the U.K. spearheading the growth in the region
- By
source, corn tortillas segment is expected to hold the highest market
share and is expected to increase at a CAGR of 6.1% between 2022 and 2032.
“Gluten free tortilla manufacturers are
leveraging their healthy food alternatives to capitalize on growing demand for
healthy food products. They are also adopting strategies such as transparency
and sustainability of brands to standout in the competition.” says
a Future Market Insights analyst.
Competitive Landscape
Key manufacturers of gluten free tortillas are working
collectively to develop new product variants to cater to the rising demand for
healthy food products.
- The
Full Wrap, a gluten-free tortilla created from sprouted legumes, won the
Kraft Heinz Co.’s Future Food-Tech innovation competition on Sept. 30.2021
where in the objective of the competition was to
come up with new ways to use beans or pulses, which are legumes.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global gluten free tortillas market, presenting
historical data (2017-2021) and estimation statistics for the forecast period
of 2022-2032.
Gluten Free Tortilla Market by Category
By Source:
- Corn
- Rice
- Tapioca
- Potato
Starch
By Sales Channel:
- Offline
Sales Channel
- Supermarkets/Hypermarkets
- Departmental
Stores
- Convenience
Store
- Other
Sales Channel
- Online
Sales Channel
- Company
Website
- E-commerce
Platform
Read More: https://www.futuremarketinsights.com/reports/gluten-free-tortilla-market