Global Burritos Market By Type ( Epic Queso Chicken Burrito, Epic Chipotle Chicken Avocado Burrito, Epic Carne Asada Burrito, Epic Grilled Chicken Avocado Burrito, Epic Steak & Potato Burrito, Veggie Burrito ), By Application( Foodservice, Retail ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033

Global Burritos Market are Mexican-style food items made from large wheat flour tortillas. They are often wrapped around an Enchilada. You may find meat, beans, or rice in it. Burrito is a Spanish word that means “little donkey”. They are popular and can be eaten by many people.

The Global Burritos Market size is estimated to grow by USD 2.31 billion from 2023 to 2033 at a CAGR of 4%.

Growing Demand

Growth will be driven by the growing popularity of Latin American cuisines, changing lifestyles, and increased demand for healthy, convenient food.

Global burritos market growth is being driven by the growing popularity of Latin American cuisines. There is a growing popularity for Mexican food in the US. The Hispanic population is also increasing, which opens up new markets for global burritos. There is also a growing demand for ready-to-eat (RTE), which includes packaged burritos that can be prepared quickly. Consumers are increasingly looking for convenience food products because they have more time.

Burritos Market Scope:

By Type, the market is segmented into Epic Queso Chicken Burrito, Epic Chipotle Chicken Avocado Burrito, Epic Carne Asada Burrito, Epic Grilled Chicken Avocado Burrito, Epic Steak & Potato Burrito, and Veggie Burrito. By Application, the market is divided into Foodservice and Retail.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East, and Africa. Major players profiled in the report include Amy’s Kitchen, Chick-fil-A, Chipotle Mexican Grill, Ruiz Foods, Camino Real Kitchens, Del Taco, Tavistock Freebirds, and JACK IN THE BOX.

Key Market Segments

Type

Epic Queso Chicken Burrito
Epic Chipotle Chicken Avocado Burrito
Epic Carne Asada Burrito
Epic Grilled Chicken Avocado Burrito
Epic Steak & Potato Burrito
Veggie Burrito

Application

Foodservice
Retail

Key Market Players included in the report:

Amy’s Kitchen
Chick-fil-A
Chipotle Mexican Grill
Ruiz Foods
Camino Real Kitchens
Del Taco
Tavistock Freebirds
JACK IN THE BOX

Key Burritos Market Driver:

Global burritos market growth is being driven by the growing popularity of Latin American cuisines. There is a growing popularity for Mexican food in the US. The Hispanic population is also increasing in the country. This creates new opportunities for the global burritos industry. In the US, there is a rapid increase in Mexican food lovers. Burritos and other Mexican foods are on the rise due to the increasing demand for exotic flavors and fresh ingredients.

Key Burritos Market Challenge:

Fluctuations in raw material prices are the main obstacle to global burritos industry growth. The fluctuation of raw material and food commodity prices is a major problem for all food service outlets. The Food and Agriculture Organization’s (FAO) Food Price Index tracks the international prices of most-traded food commodities and was at 100.9 points in October 2020. This is 3.1% more than September and 6.0% higher than its October 2019 value. These fluctuations in prices can cause problems in production, which can lead to supply and demand gaps.

The market analysis report on burritos also includes information about other emerging trends and challenges that could have an impact on market growth. Companies will be able to evaluate and plan for growth in 2023-2033 by having access to relevant insights.

Key Burritos Market Trend:

The key market trend driving global burritos market growth is changing lifestyles and increasing demand for healthier, convenient food. Ready-to-eat (RTE), or ready-to-cook, food products that can be prepared quickly and easily have seen an increase in demand. Consumers are increasingly looking for convenience food products because they have more time.

The increasing number of single-person households as well as social gatherings and parties are other reasons that convenience is becoming more important in food preparation and consumption. Market growth could also be driven by a growing demand for fresh and healthy foods, such as burritos.