Israel Tortilla Market, Revenue By Source(USD Million)
Synopsis
The above chart is Israel Tortilla Market, Revenue By Source(USD Million)
Market Dynamics
israel's tortilla market has seen a significant increase in demand in recent years. this can be attributed to the growing popularity of mexican cuisine in the country, along with an increase in the number of immigrants from central and south america. the market is projected to continue its upward trend, with demand for tortillas expected to remain strong in the coming years.
one of the primary drivers of demand in the israel tortilla market is the rise in the number of mexican restaurants and food trucks. these establishments have gained popularity among locals, and have contributed to the increased demand for tortillas. the use of tortillas in dishes such as tacos, burritos, and quesadillas has become a part of the mainstream israeli cuisine, further boosting the demand for tortillas.
another significant factor contributing to the demand for tortillas is the rising health-consciousness among consumers. tortillas are seen as a healthier alternative to other types of bread, as they are typically made with healthier ingredients such as whole wheat flour and corn. this has led to an increase in demand from the health-conscious population, further driving the market growth.
in terms of revenue sources, the israel tortilla market can be divided into two main segments – retail and foodservice. the retail segment includes sales from grocery stores, supermarkets, and hypermarkets, while the foodservice segment includes sales from restaurants, cafes, and other food establishments.
the retail segment holds the larger share of the market revenue, owing to the increasing trend of cooking at home and the availability of tortilla products in various forms such as wraps, chips, and taco shells. however, the foodservice segment is also expected to experience significant growth in the coming years, as more restaurants and food establishments incorporate tortilla-based dishes in their menus.
besides these traditional sources of revenue, the israel tortilla market is also seeing a shift towards healthier and more innovative options. this includes the introduction of gluten-free and organic tortilla products, as well as new flavors and combinations such as spinach and beetroot tortillas. these new products are expected to further boost the market revenue in the future.
in conclusion, the demand for tortillas in israel is expected to continue to grow, driven by factors such as the popularity of mexican cuisine, rising health consciousness, and innovative product offerings. with a diverse range of revenue sources, the market is projected to see strong and sustained growth in the coming years.