Global Burritos Market – Industry Trends and Forecast to 2031

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), Application (Food Service, Retail) - Industry Trends and Forecast to 2031.

Burritos Market Analysis and Size

The essential factors contributing to the growth of the burritos market in the forecast period of 2024 to 2031 include the growing popularity of Latin American cuisines, a rise in demand for healthy, convenient food, and innovative developments within the food service sector.

Data Bridge Market Research analyzes that the global burritos market which was USD 6,476.60 million in 2023, is expected to reach USD 9,802.80 million by 2031, growing at a CAGR of 5.3% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

Burritos are a popular Mexican dish consisting of a flour tortilla wrapped or folded around a filling, typically including ingredients such as beans, rice, cheese, meat (such as beef, chicken, pork, or fish), vegetables, salsa, and sour cream. The fillings can vary widely depending on personal preferences and regional variations.

Global Burritos Market Dynamics

Drivers

• Increasing consumer demand for burritos

Burritos have gained popularity worldwide due to their convenience, portability, and diverse flavors. The rising demand for on-the-go meals and the growing preference for ethnic or Mexican cuisine contribute significantly to the market's growth.

• Changing food preferences and rising awareness for health

Consumers are becoming more adventurous in their food choices, seeking diverse flavors and culinary experiences. Burritos offer a versatile platform for various ingredients and flavors, appealing to a broad spectrum of tastes. Health-conscious consumers are looking for healthier food options. Burritos can be adapted to suit different dietary preferences, including vegetarian, vegan, gluten-free, and low-carb options, using fresh and natural ingredients.

Opportunity

• Rising convenience and fast-casual dining trend

The fast-casual dining trend has encouraged the popularity of burrito chains and quick-service restaurants offering customizable, made-to-order burritos. The convenience of customization and quick service appeals to busy consumers. Furthermore, the increasing number of foodservice outlets, including restaurants, food trucks, and delivery services, has contributed to the accessibility and availability of burritos to a broader consumer base.

Restraint/Challenge

• Health concerns

Despite the adaptability of burritos to various dietary preferences, some consumers are concerned about the calorie content, sodium levels, and overall nutritional value of certain burrito variations. High-fat content, especially in traditional recipes with cheese, sour cream, and high-calorie fillings, can deter health-conscious consumers.

This burritos market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the burritos market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Burritos Market Scope

The burritos market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

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

• Food Service
• Retail

Global Burritos Market Regional Analysis/Insights

The burritos market is analyzed and market size insights and trends are provided by country, type, and application referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Russia, Belgium, Turkey and Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Kuwait, and rest of Middle East and Africa.

North America is expected to dominate and is expected to grow at the highest rate in the market due to improved living standards and the rise in the number of middle-class families. In addition, most consumers, both men and women, in North America have busy schedules and therefore lead hectic lifestyles. Therefore, a majority of consumers prefer to head out to food service outlets such as burrito shops to have their breakfast.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Burritos Market Share Analysis

The burritos market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to burritos market.

Some of the major players operating in the burritos market are:

• Chipotle Mexican Grill (U.S.)
• Qdoba Mexican Eats (U.S.)
• Taco Bell (U.S.)
• Moe's Southwest Grill (U.S.)
• Del Taco (U.S.)
• Freebirds World Burrito (U.S.)
• Barburrito (U.K.)
• Zambrero (Australia)
• Mad Mex Fresh Mexican Grill (Australia)
• Chilango (U.K.)
• Tortilla (U.K.)
• Guzman y Gomez (Australia)
• Burritos & Blues (Ireland)
• Poncho 8 (U.K.)
• Mission Burrito (U.K.)
• Barrio Bonito (Spain)
• Chilakillers (Mexico)
• El Farolito (Mexico)
• El Fogoncito (Mexico)
• Pancheros Mexican Grill (U.S.)