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Burritos Market Size to Reach USD 1.44 Billion Globally by 2025 at 3.54 % CAGR | Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Jun 13, 2022, 11:20 ET

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NEW YORK, June 13, 2022 /PRNewswire/ -- The "Burritos Market by End-user (foodservice sector and retail sector) and Geography (North America, Europe, APAC, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The burritos market share is expected to increase by USD 1.44 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.54%.

Technavio has announced its latest market research report titled Burritos Market by End-user and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Burritos Market by End-user and Geography - Forecast and Analysis 2021-2025
Get ready to achieve excellent business outcomes from this exclusive report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Burritos Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don't wait, Make a strategic approach & boost your business goals with our Burritos Market Forecast Report - Buy Now!

Burritos Market: Vendor Analysis

The burritos market is fragmented and the vendors are deploying growth strategies such as expanding their geographical presence and entering into long-term partnership contracts with the end-user to compete in the market.  The burritos market report also offers information on several market vendors, including Amys Kitchen Inc., Chick-fil-A Inc., Chipotle Mexican Grill Inc., Conagra Brands Inc., Del Taco Restaurants Inc., and Hormel Foods Corp., Nestle SA, Ruiz Food Products Inc., Tavistock Freebirds LLC, and YUM! Brands Inc. among others.

Few companies with key offerings -
  • Amys Kitchen Inc. - The company offers bean and rice burritos which is a gluten-free and non-dairy product.
  • Chick-fil-A Inc. - The company offers a hash brown scramble burrito that contains scrambled eggs and a blend of Monterrey jack and cheddar cheeses.
  • Chipotle Mexican Grill Inc. - The company offers various types of burritos including chicken burritos and others.
  • Conagra Brands Inc. - The company offers frozen burritos under the brand, evol.
  • Del Taco Restaurants Inc., - The company offers various types of burritos including fresh avocado burritos, bacon burritos, beef burritos, chicken and guac burritos, and others.
  • To know about all major vendor offerings - Download a sample now!
Burritos Market: Key Market Dynamics
  • Market Driver - The growing popularity of Latin American cuisines is notably driving the global burritos market growth. The popularity of Mexican food across the US is increasing, and the Hispanic population base is growing in the country, which creates new opportunities for the global burritos market. The number of consumers who prefer Mexican foods is growing rapidly in the US. Also, the growing demand for foods with fresh ingredients and exotic flavors is driving the growth of Mexican food items like burritos. 
  • Market Challenges - The major challenge impeding the global burritos market growth is the fluctuations in raw material prices. A major challenge for almost all types of food service outlets is the fluctuation in the prices of food commodities and raw materials. According to the Food and Agriculture Organization (FAO) Food Price Index, which tracks international prices of the most-traded food commodities, averaged 100.9 points in October 2020, up 3.1% from September and 6.0% above its value in October 2019. Such fluctuations in prices often create problems in production; thereby, causing demand and supply gaps in the market. 

To learn about additional key drivers, trends, and challenges - Download a Sample Report right now!

Burritos Market: Segmentation Analysis

The burritos market report is segmented by End-user (food service sector and retail sector) and Geography (North America, Europe, APAC, South America, and MEA). 

  • Revenue Generating Segment: The burritos market share growth in the foodservice sector segment will be significant for revenue generation. The increasing number of food service outlets offering burritos is expected to help the market grow during the forecast period.
  • Regional Analysis: 49% of the market's growth will originate from North America during the forecast period. US and Mexico are the key markets for burritos market in North America. Market growth in this region will be faster than the growth of the market in Europe and the MEA.

Download a sample report for additional insights into the contribution of all the segments & regional opportunities in the report.

Related Reports:

  • The kiwi fruits market share is expected to reach an estimated value of USD 2.74 billion from 2021 to 2026 at a CAGR of 4.3%. Download a sample now!
  •  The breakfast cereals market share in Europe is predicted to surge to USD 1.40 billion from 2021 to 2026 at a CAGR of 4.93%. Download a sample now!

Burritos Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of almost 3.54%

Market growth 2021-2025

USD 1.44 billion

Market structure

Fragmented

YoY growth (%)

1.79

Performing market contribution 

North America at 49%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amys Kitchen Inc., Chick fil A Inc., Chipotle Mexican Grill Inc., Conagra Brands Inc., Del Taco Restaurants Inc., Hormel Foods Corp., Nestle SA, Ruiz Food Products Inc., Tavistock Freebirds LLC, and YUM! Brands Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value Chain Analysis: Packaged Foods and Meats

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five Forces Summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by End-user

  • 5.1 Market segments
  • 5.2 Comparison by End-user
  • 5.3 Foodservice sector - Market size and forecast 2020-2025
    • Exhibit 17: Foodservice sector - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Foodservice sector - Year-over-year growth 2020-2025 (%)
  • 5.4 Retail sector - Market size and forecast 2020-2025
    • Exhibit 19: Retail sector - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Retail sector - Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by End-user
    • Exhibit 21: Market opportunity by End-user

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 35: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 36: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers – Demand-led growth
  • 8.2 Market challenges
    • Exhibit 37: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 38: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 39: Landscape disruption
    • Exhibit 40: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 41: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 42: Market positioning of vendors
  • 10.3 Amys Kitchen Inc.
    • Exhibit 43: Amys Kitchen Inc. - Overview
    • Exhibit 44: Amys Kitchen Inc. - Product and service
    • Exhibit 45: Amys Kitchen Inc. - Key offerings
  • 10.4 Chick fil A Inc.
    • Exhibit 46: Chick fil A Inc. - Overview
    • Exhibit 47: Chick fil A Inc. - Product and service
    • Exhibit 48: Chick fil A Inc. - Key offerings
  • 10.5 Chipotle Mexican Grill Inc.
    • Exhibit 49: Chipotle Mexican Grill Inc. - Overview
    • Exhibit 50: Chipotle Mexican Grill Inc. - Business segments
    • Exhibit 51: Chipotle Mexican Grill Inc. – Key news
    • Exhibit 52: Chipotle Mexican Grill Inc. - Key offerings
  • 10.6 Conagra Brands Inc.
  • 10.7 Del Taco Restaurants Inc.
    • Exhibit 58: Del Taco Restaurants Inc. - Overview
    • Exhibit 59: Del Taco Restaurants Inc. - Business segments
    • Exhibit 60: Del Taco Restaurants Inc. – Key news
    • Exhibit 61: Del Taco Restaurants Inc. - Key offerings
  • 10.8 Hormel Foods Corp.
    • Exhibit 62: Hormel Foods Corp. - Overview
    • Exhibit 63: Hormel Foods Corp. - Business segments
    • Exhibit 64: Hormel Foods Corp. – Key news
    • Exhibit 65: Hormel Foods Corp. - Key offerings
    • Exhibit 66: Hormel Foods Corp. - Segment focus
  • 10.9 Nestle SA
    • Exhibit 67: Nestle SA - Overview
    • Exhibit 68: Nestle SA - Business segments
    • Exhibit 69: Nestle SA – Key news
    • Exhibit 70: Nestle SA - Key offerings
    • Exhibit 71: Nestle SA - Segment focus
  • 10.10 Ruiz Food Products Inc.
    • Exhibit 72: Ruiz Food Products Inc. - Overview
    • Exhibit 73: Ruiz Food Products Inc. - Product and service
    • Exhibit 74: Ruiz Food Products Inc. - Key offerings
  • 10.11 Tavistock Freebirds LLC
    • Exhibit 75: Tavistock Freebirds LLC - Overview
    • Exhibit 76: Tavistock Freebirds LLC - Product and service
    • Exhibit 77: Tavistock Freebirds LLC - Key offerings
  • 10.12 YUM! Brands Inc.
    • Exhibit 78: YUM! Brands Inc. - Overview
    • Exhibit 79: YUM! Brands Inc. - Business segments
    • Exhibit 80: YUM! Brands Inc. – Key news
    • Exhibit 81: YUM! Brands Inc. - Key offerings
    • Exhibit 82: YUM! Brands Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 83: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 84: Research Methodology
    • Exhibit 85: Validation techniques employed for market sizing
    • Exhibit 86: Information sources
  • 11.4 List of abbreviations
    • Exhibit 87: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

SOURCE Technavio

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