The global tortilla machine market is predicted to increase from US$ 8,500.0 million in 2023 to 19,756.4 million by 2033, with overall sales increasing at an 8.8% CAGR from 2023 to 2033. Rising use in food processing companies, restaurants, and households is a key factor driving global sales of tortilla machines.
Over the years, rising popularity of tortillas across nations like the U.S., the U.K, China, India, and Mexico has prompted manufacturers to employ novel technologies like tortilla machines in their facilities. This has increased the demand for tortilla machines in the market and the trend is likely to continue during the forecast period.
Similarly, growing knowledge of tortillas’ health advantages is expected to expand the global tortilla machine market size during the next ten years. Tortillas are a fantastic source of fibre, but unlike other foods that also include fibre, such as bread or cereals, this fibre doesn’t contain any additional chemicals that encourage weight gain.
Get Ahead in the Race with Our Sample Report on the Tortilla Machine Market! Uncover Key Trends and Projections
https://www.futuremarketinsights.com/reports/sample/rep-gb-16159
Foods that are contributing to the rising obesity rates in the world can be effectively replaced by tortillas. Along with being delicious and low in fat, tortillas are a good source of folic acid. This vitamin helps to build the fetus and is also necessary for pregnant women since it supports healthy skin, hair, and nails.
Because of the wide range of advantages listed above, tortilla machines are becoming increasingly popular among industry players. This is further encouraging the production of new tortilla varieties in a variety of flavors.
Numerous businesses are investing in developing new products and offering a wide variety of tortillas, and this is actively boosting market income all around the world. For instance, in September 2022, a new snack company, Kazoo Snacks introduced recycled tortilla chips.
Key Takeaways from the Tortilla Machine Market Study:
- Based on equipment, tortilla baking oven segment is likely to retain its dominant position in the global tortilla machine market during the forecast period.
- By automation, demand is expected to remain high for fully-automatic tortilla machines during the projected period.
- North America holds around 38% share in the global tortilla machine market.
- The U.S. tortilla machine market is projected to grow at a healthy pace during the next ten years.
- Demand for tortilla machines is expected to rise at a robust CAGR across Mexico between 2023 and 2033.
- Mexican Tortilla Machine, UTF Group, BE&SCO Manufacturing, Coperion & Coperion K-Tron, Heisler Industries, Inc. are the top players driving the tortilla machine market.
“Introduction of new and advanced automatic tortilla machines has completely transformed the tortilla industry and is likely to boost the overall tortilla machine market during the projected period”, says a lead FMI analyst.
Who is winning?
Top players dictating the course of tortilla machine market development include Mexican Tortilla Machine, UTF Group, BE&SCO Manufacturing, Coperion & Coperion K-Tron, and Heisler Industries, Inc.
These players are increasingly focusing on adopting various strategies such as new product launches with additional features, partnerships, mergers, acquisitions, and collaborations to increase their sales and solidify their position in this space.
Get Valuable Insights into Tortilla Machine Market
FMI, in its new offering, provides an unbiased analysis of the Tortilla Machine market presenting historical demand data (2017-2023) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Tortilla Machines based on Equipment (Tortilla Baking Oven, Tortilla Cooling Machine, Tortilla Grouping Machine) By Automation Grade (Manual, Semi-Automatic, Fully-Automatic) By End Users (Food processing Industries, Restaurants, households, Caterers) across five major regions.
Seize this Opportunity for Detailed Market Intel: Purchase Now to Access Comprehensive Segmented Information, Identify Key Trends, Drivers, and Challenges
https://www.futuremarketinsights.com/checkout/16159
Tortilla Machine Market by Category
By Equipment:
- Tortilla Baking Oven
- Tortilla Cooling Machine
- Tortilla Grouping Machine
By Automation:
- Manual
- Semi-Automatic
- Fully-Automatic
By End User:
- Food processing Industries
- Restaurants
- Household
- Caterers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
