The company’s new gluten-free Almond Flour and Cauliflower Flour tortillas combine the authentic flavors and textures that consumers love about products from Mission Foods with the great-tasting variety that health-conscious consumers crave. …
Mexico’s 126m people buy $55bn-worth of packaged food annually. Sales of such fare have been growing quickly. This trend should have lifted the likes of Bimbo and Gruma, its biggest maker of tortillas. Instead, like many Mexican businesses in recent years of sluggish economic growth, they have fallen out of favour with investors. …
In the U.S. market, the Mexican multinational saw a 5% sales volume increase to 383,000 tons. Corn flour sales were up 5%, while tortilla sales volumes grew 6%, driven primarily by consumer purchases in supermarkets and convenience stores nationwide during the COVID-19 pandemic. …
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