Global Tortilla Chips Market: Analysis & Forecast 2018-2024

Posted by Prachiti Sharma on March 5th, 2019

Bharat Book Bureau Provides the Trending Market Research Report on “Global Tortilla Chips Market Growth 2019-2024”under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Tortilla Chips Market is projected to grow at a CAGR of 6.6% from USD 2.6 billion in 2018 to USD 4.6 billion by 2024.

Global Tortilla Chips Market is a snack food made from corn tortillas, which are cut into wedges and then fried—or baked (alternatively they may be discs pressed out of corn masa then fried or baked). Corn tortillas are made of corn, vegetable oil, salt and water. The Tortilla Chips mainly Corn Based.

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The global market for Tortilla Chips stood at 255 K MT in 2016 and is projected to be 301 K MT in 2022. North America will remain the largest demand.

The technology of the Tortilla Chips is not difficult, for example frying, hot air baking, etc. Baked Tortilla Chips are more healthy .And the big manufacturers can ensure high quality, so their product can meet the high-end consumer’s demand.

In the future, the growing food safety will play an important role in the development of the Tortilla Chips. In the future, if any company wants to enter into the industry, the new type of product will be an important feature.

According to this study, over the next five years the Tortilla Chips market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 8270 million by 2024, from US$ 5660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tortilla Chips business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Tortilla Chips market by product type, application, key manufacturers and key regions and countries.

This study considers the Tortilla Chips value and volume generated from the sales of the following segments:

• Segmentation by product type:
  breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
  Baked Tortilla Chips
  Fried Tortilla Chips
• Segmentation by application:
  breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
  Online
  Offline
• This report also splits the market by region:
  Breakdown data in Chapter 4, 5, 6, 7 and 8.
  Americas
  United States
  Canada
  Mexico
  Brazil
  APAC
  China
  Japan
  Korea
  Southeast Asia
  India
  Australia
  Europe
  Germany
  France
  UK
  Italy
  Russia
  Spain
  Middle East & Africa
  Egypt
  South Africa
  Israel
  Turkey
  GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report:
Breakdown data in in Chapter 3.
GRUMA
Grupo Bimbo
PepsiCo
Truco Enterprises
Amplify Snack Brands
Arca Continental
Fireworks Foods
Greendot Health Foods
Hain Celestial
Intersnack Group
Kellogg
Mexican Corn Products
Snacka Lanka
Snyder's-Lance

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives:

• To study and analyze the global Tortilla Chips consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Tortilla Chips market by identifying its various subsegments.
• Focuses on the key global Tortilla Chips manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Tortilla Chips with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Tortilla Chips submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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