Global Protein Tortilla Market Size To Worth USD 3.81 Billion by 2033 | CAGR of 7.50%

Category: Food & Beverages

RELEASE DATE Aug 2024
REPORT ID SI5941

Global Protein Tortilla Market Size To Worth USD 3.81 Billion by 2033 

According to a research report published by Spherical Insights & Consulting, the Global Protein Tortilla Market Size is Expected to Grow from USD 1.85 Billion in 2023 to USD 3.81 Billion by 2033, at a CAGR of 7.50% during the forecast period 2023-2033.

 

Global Protein Tortilla Market

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Browse key industry insights spread across 210 pages with 115 Market data tables and figures & charts from the report on the "Global Protein Tortilla Market Size, Share, and COVID-19 Impact Analysis, By Product (Traditional Protein Tortillas, Low-carb/Zero-carb Protein Tortillas), By Source (Pea Protein Tortillas, Soy Protein Tortillas, Chickpea protein tortillas, Others), By Distribution Channel (B2B, B2C), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/protein-tortilla-market

 

A protein tortilla is a type of tortilla that is specifically designed to have a higher protein content compared to traditional tortillas. Protein tortillas are commonly produced by combining protein-rich meals or supplements with flour batter. Protein tortillas might contain added protein sources such as whey protein, soy protein, or pea protein, as well as different flours such as chickpea flour or almond flour, both of which have naturally greater protein levels. Protein tortillas are popular among those who want to increase their protein intake, whether for muscle building, weight loss, or other health-related reasons. The protein tortilla market is expanding due to greater health consciousness and the popularity of high-protein diets, which are fueled by a growing interest in fitness and well-being. Consumers seeking easy and nutritious food options are turning to protein tortillas, which offer a quick way to improve protein intake and are ideal for various diets such as ketogenic and plant-based. However, the protein tortilla market's growth is hampered by several problems, including greater production costs and little consumer awareness of the benefits of protein tortilla products.

 

The traditional protein tortillas segment is predicted to hold the largest market share through the forecast period.

Based on the product, the protein tortilla market is classified into traditional protein tortillas and low-carb/zero-carb protein tortillas. Among these, the traditional protein tortillas segment is predicted to hold the largest market share through the forecast period. The wide range of applications for traditional protein tortillas, which are valued for their familiar taste and texture, drives their dominance in the market.

 

The soy protein tortillas segment is anticipated to hold the highest market share during the projected timeframe.   

Based on the source, the protein tortilla market is divided into pea protein tortillas, soy protein tortillas, chickpea protein tortillas, and others. Among these, the soy protein tortillas segment is anticipated to hold the highest market share during the projected timeframe. Soy protein holds the biggest market share due to its well-established reputation for high-quality protein, adaptability, and extensive application in a variety of food products.

 

The B2C segment is anticipated to hold the greatest share of the protein tortilla market during the projected timeframe.

Based on the distribution channel, the protein tortilla market is categorized into B2B and B2C. Among these, the B2C segment is anticipated to hold the greatest share of the protein tortilla market during the projected timeframe.  The B2C segment is primarily driven by B2C channels that allow for direct consumer access and appeal, making protein tortillas easily accessible to individual purchasers through retail outlets, online retailers, and supermarkets.

 

North America is estimated to hold the largest share of the protein tortilla market over the forecast period.

 

Global Protein Tortilla Market

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North America is estimated to hold the largest share of the protein tortilla market over the forecast period. Several factors contribute to the North American regions' predicted dominance, including strong consumer awareness and demand for health-oriented food products, a well-established retail infrastructure, and a growing tendency toward protein-enriched diets.

 

Asia Pacific is predicted to have the highest CAGR growth in the protein tortilla market over the forecast period. Rapid growth can be attributed to several main factors, including increased urbanization, a rising middle-class population with better flexible earnings, and a growing awareness of health and nutrition.

 

Major key players in the protein tortilla market include Turka, Mission Foods, Toufayan Bakeries, Life Pro Nutrition, BFree Foods, The J.M. Smucker Company, T.Marzetti, La Tortilla Factory, Ole Mexican Foods, Protiplan, and Others.

 

Recent Developments

  • In March 2021, Hilo Life, a business in PepsiCo's Hive accelerator, launched an almond flour-based tortilla chip aimed at the keto and carb-conscious consumers.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the protein tortilla market based on the below-mentioned segments:

 

Global Protein Tortilla Market, By Product

  • Traditional Protein Tortillas
  • Low-carb/Zero-carb Protein Tortillas

 

Global Protein Tortilla Market, By Source

  • Pea Protein Tortillas
  • Soy Protein Tortillas
  • Chickpea protein tortillas
  • Others

 

Global Protein Tortilla Market, By Distribution Channel

  • B2B
  • B2C

 

Global Protein Tortilla Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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