Gruma, based in Monterrey, Mexico, is also an important player in wheat flour and baked products such as wraps, pita bread, naan, chapatti, pizza bases and chips, among others. It has 98 production ...

Gruma shares have been more volatile in the face ... has declined more than 10% per capita over the last 15 years, while bread consumption has been growing at a mid-to-high single-digit rate.