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Global Packaged Tacos Market 2017-2021

Global Packaged Tacos Market 2017-2021

About Packaged Tacos

Taco is a traditional Mexican dish comprising a corn or a wheat tortilla folded or wrapped with a variety of fillings. The filling can be either vegetarian or non-vegetarian and can include beef, pork, chicken, seafood, vegetables, and cheese. The global packaged food market is driven by factors such as convenience, changing lifestyles, and increase in health awareness. However, factors such as food contamination, government regulations, and emergence of local brands can hamper the growth rate. The leading players in the market are focusing on mergers and partnerships as their key strategies to expand their market presence. APAC is expected to be the fastest growing market owing to the growing awareness and increasing adoption of packaged foods.

Technavio’s analysts forecast the global packaged tacos market to grow at a CAGR of 4.50% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global packaged tacos market for 2017-2021. To calculate the market size, the report considers the sales of packaged tacos to individuals.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Packaged Tacos Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AJINOMOTO
  • B&G Foods
  • General Mills
  • Hain Celestial
  • McCormick & Company
  • Yum! Brands
Market driver
  • New product launch
  • For a full, detailed list, view our report
Market challenge
  • Product recall
  • For a full, detailed list, view our report
Market trend
  • Increasing online sales
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Packaged Tacos Market 2017-2021

Technavio recognizes the following companies as the key players in the global packaged tacos market: AJINOMOTO, B&G Foods, General Mills, Hain Celestial, McCormick & Company, and Yum! Brands

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing demand for convenience in food products. The demand for convenience in food products has led to the increased demand for ready-to-eat food products, including packaged tacos, that can be cooked and consumed easily. The need for leisure time has increased the demand for convenience in food products among consumers. Less preparation time is increasing the popularity of soups and other food products even among time-pressed consumers. For instance, studies indicate that more than 50% of the Americans feel the lack of time is preventing them from doing important things and has become a much bigger problem than the lack of money. Changing demographics and lifestyles has also driven the need for instant and ready-to-eat soups. Other reasons for the increasing demand for convenience in food products are the increasing number of single people and social gatherings or parties.”

According to the report, one of the major drivers for this market is New product launch. The introduction of new products by key players is one of the growth drivers of the global packaged tacos market. Successful launch of new products will help companies to increase their revenue stream as well as market share. In addition, new product launches will help in keeping the interest of consumers alive in the market and help companies gain an upper hand over competitors. These product launches will also help players to retain their employees as a new product launch encompasses new goals, new ways of doing things, and new lines of cooperation and communication among employees.

Further, the report states that one of the major factors hindering the growth of this market is Product recall. One of the major challenges to the growth of the global packaged tacos market is the increasing instances of product recall by the players in the market. Product recall will affect the revenue stream of the company and will also cause consumers to lose their trust in the company. The recall might also cause additional financial burden to the company in the form of settlement of litigations filed against the company. Product recall might also result in consumers losing their interest in the market.

Companies Mentioned

AJINOMOTO, B&G Foods, General Mills, Hain Celestial, McCormick & Company, and Yum! Brands

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Global packaged food market 2016-2021 ($ trillions)
  • Market landscape
    • Market overview
      • Table Global packaged tacos market 2016
    • Global packaged tacos market
      • Table Global packaged tacos market - market size and forecast 2016-2021 ($ billions)
      • Table Global packaged tacos market - year-over-year growth 2017-2021 (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product filling
    • Segmentation by product filling
      • Table Global packaged tacos market by product filling - market share 2016-2021 (%)
    • Comparison by product filling
      • Table Comparison by product filling
    • Global packaged tacos market by non-veg filling
      • Table Global packaged tacos market by non-veg filling - market size and forecast 2016-2021 ($ millions)
      • Table Global packaged tacos market by non-veg filling - year-over-year growth 2017-2021 (%)
    • Global packaged tacos market by veg filling
      • Table Global packaged tacos market by veg filling - market size and forecast 2016-2021 ($ millions)
      • Table Global packaged tacos market by veg filling - year-over-year growth 2017-2021 (%)
    • Market opportunity by product filling
      • Table Market opportunity by product filling
  • Regional landscape
    • Geographical segmentation
      • Table Global packaged tacos market by geography - market share 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - market size and forecast 2016-2021
      • Table Packaged tacos market in the Americas - market size and forecast 2016-2021 ($ millions)
      • Table Packaged tacos market in the Americas - year-over-year growth 2017-2021 (%)
    • EMEA - market size and forecast 2016-2021
      • Table Packaged tacos market in EMEA - market size and forecast 2016-2021 ($ millions)
      • Table Packaged tacos market in EMEA - year-over-year growth 2017-2021 (%)
    • APAC - market size and forecast 2016-2021
      • Table Packaged tacos market in APAC - market size and forecast 2016-2021 ($ millions)
      • Table Packaged tacos market in APAC - year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • US
    • Mexico
    • Canada
    • UK
    • Norway
    • Sweden
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table World urban population 2009-2015 (billions)
    • Market challenges
  • Market trends
    • Increasing online sales
    • Increasing demand for convenience in food products
    • Trend of cooking at home
  • Vendor landscape
    • Competitive scenario
      • Table Key competitors: Benchmarking
    • AJINOMOTO
      • Table AJINOMOTO: Net sales comparison 2015 and 2016 ($ billions)
      • Table AJINOMOTO: Operating income comparison 2015 and 2016 ($ millions)
      • Table AJINOMOTO: Business segmentation by net sales 2016
      • Table AJINOMOTO: Business segmentation by operating income 2016
      • Table AJINOMOTO in the global packaged tacos market
    • B&G Foods
      • Table B&G Foods: Net sales comparison 2015 and 2016 ($ billions)
      • Table B&G Foods: EBITDA comparison 2015 and 2016 ($ millions)
      • Table B&G Foods in the global packaged tacos market
    • General Mills
      • Table General Mills: Net sales comparison 2016 and 2017 ($ billions)
      • Table General Mills: Operating profit comparison 2016 and 2017 ($ billions)
      • Table General Mills: Product segmentation by revenue 2017
      • Table General Mills: Business segmentation by revenue 2017
      • Table General Mills in the global packaged tacos market
    • Hain Celestial
      • Table Hain Celestial: Net revenue comparison 2016 and 2017 ($ billions)
      • Table Hain Celestial: Gross profit comparison 2016 and 2017 ($ millions)
      • Table Hain Celestial: Operating income comparison 2016 and 2017 ($ millions)
      • Table Hain Celestial in the global packaged tacos market
    • McCormick & Company
      • Table McCormick & Company: Net sales comparison 2015 and 2016 ($ billions)
      • Table McCormick & Company: Net income comparison 2015 and 2016 ($ millions)
      • Table McCormick & Company: Business segmentation by revenue 2016
      • Table Geographic segmentation by revenue 2016
      • Table McCormick & Company in the global packaged tacos market
    • Yum! Brands
      • Table Yum! Brands: Net sales comparison 2015 and 2016 ($ billions)
      • Table Yum! Brands: Operating profit comparison 2015 and 2016 ($ billions)
      • Table Yum! Brands: Business segmentation by revenue 2016
      • Table Yum! Brands in the global packaged tacos market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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