GCC Countries Tortilla Market, Revenue By Source (USD Million)

Year CORN WHEAT
2019 $ 183.94 $ 136.81
2020 $ 188.34 $ 139.19
2021 $ 193.89 $ 142.36
2022 $ 200.4 $ 146.19
2023 $ 207.93 $ 150.7
2024 $ 216.4 $ 155.83
2025 $ 225.9 $ 161.61
2026 $ 236.35 $ 167.99
2027 $ 247.74 $ 174.94
2028 $ 260.27 $ 182.59
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GCC Countries Tortilla Market, Revenue By Source (USD Million)

Synopsis
The above chart is GCC Countries Tortilla Market, Revenue By Source (USD Million)

Market Dynamics

the gcc countries have been witnessing a steady increase in the popularity of tortillas, a traditional mexican flatbread made from wheat or corn flour. with an abundance of diverse international cuisines, the demand for tortillas has been fueled by the region's growing appetite for mexican and tex-mex cuisines. the market for tortillas in the gcc countries is primarily driven by three main sources - retail, foodservice, and exports. let's take a closer look at each of these sources and their impact on the gcc countries tortilla market. firstly, the retail sector serves as the primary source of revenue for the gcc countries tortilla market. the availability of tortillas in major supermarkets and hypermarkets has made it easier for consumers to purchase and experiment with this versatile flatbread at home. the retail sector is also witnessing a surge in demand for packaged and ready-to-eat options due to the fast-paced lifestyle of consumers in this region. secondly, the foodservice industry plays a significant role in driving the demand for tortillas in the gcc countries. the rapid expansion of international fast-food chains, along with the emergence of homegrown mexican and tex-mex restaurants, has made tortillas a staple in the region's foodservice market. additionally, the growing demand for fusion cuisine and the increasing popularity of food trucks that offer mexican and tex-mex fare have further boosted the demand for tortillas. lastly, the gcc countries also serve as a significant exporting hub for tortillas. with the growing popularity of traditional cuisines in international markets, the region has seen an increase in the export of tortillas to countries in europe, asia, and north america. the quality of tortillas produced in the gcc countries, combined with their competitive prices, makes them a sought-after commodity in the global market. in conclusion, the demand for tortillas in the gcc countries is propelled by the growing availability of products in the retail sector, the popularity of mexican and tex-mex cuisines in the foodservice industry, and the region's thriving export market. as the region continues to diversify its food palate, the demand for tortillas is expected to further increase, making it a lucrative market for manufacturers and suppliers in the years to come.

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