Authored By: Sarah
25 Sep 2024

Latest News:- Packaged Tacos Market: Non-veg is expected to lead the Type segment during 2024-2028

Packaged Tacos Market to grow at a CAGR of 7.81% during 2024-2028

The Packaged Tacos Market is expected to grow at a CAGR of 7.81% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1.16 billion. In the contemporary food industry, online ordering platforms have emerged as a more efficient solution compared to traditional telephone orders. During peak hours, these platforms prevent lost orders due to engaged phone lines, ensuring a smoother transaction process. Additionally, online ordering systems offer valuable consumer feedback and facilitate increased order values. Many restaurants have adopted mobile app-based food ordering to expand their customer base, providing both delivery and takeaway options, which enhance the consumer experience and boost sales. 

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The Non-veg subsegment is expected to dominate the Type segment during the forecast period 

Technavio analysts predict that the Non-veg subsegment will lead the Type segment during 2024 and 2028 The Packaged Tacos Market primarily caters to the demand for non-vegetarian tacos, which are characterized by their meat-based fillings. Commonly used proteins include seasoned ground beef, shredded chicken, pork, and grilled steak. These meats are complemented by various toppings such as cheese, lettuce, tomatoes, salsa, and sour cream, resulting in a flavorful and satisfying culinary experience. The increasing popularity of non-vegetarian tacos can be attributed to their ability to cater to diverse and dynamic taste preferences, showcasing a variety of meat options. Furthermore, the convenience of ready-made taco kits and the availability of non-traditional fillings in restaurants have significantly contributed to the market's growth.

Here are the various ways based on which the market is segmented: 

  • Type
    • Non-veg
    • Veg
  • Distribution Channel
    • Offline
    • Online
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • Middle East and Africa

Reasons to Purchase the Global Packaged Tacos Market Market Research Report by Technavio. What is in it for you?

  • Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
  • Insight into Current Market Trends: Our research reports provide our readers insights into the latest market intelligence, competitor strategies, market trends, changes taking place in the industry and customer preferences, forecasted market opportunities that influence them to make better business decisions
  • High ROI with Extensive Hands-on Research: Technavio is renowned for offering personalized market research reports as per unique business needs, delving deep into specific markets, product segments and demographics. Additionally, it is also well-known for providing high return on investments through its wide collection of data at pocket-friendly rates

There are several factors that are causing the market to flourish increasing demand for convenience food products

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

The Packaged Tacos Market encompasses a wide range of Mexican dishes, featuring both veg and non-veg fillings. Veg fillings may include beans, corn, veggies, and cheese, while non-veg options include top grade tenderloin, chicken, shredded pork, and meat. These delicious fillings are encased in an edible wrapper, either a soft tortilla or a crunchy, fried shell. Toppings for packaged tacos can include spicy sauces, sour cream, and salsa, adding an extra layer of flavor and excitement. Health-conscious consumers can opt for lighter options, such as veggie-filled tacos or low-calorie sauces. The convenience of packaged tacos has made them a popular choice for various sectors, including internet merchants, convenience stores, and foodservice establishments. With their versatility and ability to cater to diverse tastes, packaged tacos continue to be a beloved Mexican food staple. Packaged tacos are not just about the filling and the wrapper; they are about the experience of creating a perfect bite. The combination of the meat, veggies, cheese, and sauces, all nestled within a flatbread or bread, makes for a satisfying and delicious meal.

Market Research Overview

The Packaged Tacos Market is a segment of the larger Global Packaged Foods and Meats Market, which falls under the Food Products sector of the Food, Beverage, and Tobacco Market, according to Technavio's market classification. This market encompasses food processing vendors that specialize in food processing to eliminate microorganisms and extend product shelf life. Technavio calculates the market size based on the consolidated revenue generated by the participating vendors, excluding those that manufacture food processing equipment. The Global Packaged Foods and Meats Market does not cover producers of packaged alcoholic and non-alcoholic beverages, including mineral waters.

The Packaged Tacos Market is experiencing significant growth, fueled by the increasing demand for convenience food products. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

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