Press release
Tortilla Chips Market Size, Share, Development by 2023
Tortilla Chips 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.
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Global Tortilla Chips Market: Forecast by Type / Application / Region
The Tortilla Chips mainly Corn Based. The North America region accounted for the largest share 52.1% in the market for Tortilla Chips in 2016, the following is Europe and South America.
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.
Over the next five years, LPI(LP Information) projects that Tortilla Chips will register a 6.5% CAGR in terms of revenue, reach US$ 8270 million by 2023, from US$ 5660 million in 2017.
Global Tortilla Chips Market: Key Players
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
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Related Information:
United States Tortilla Chips Market Research Report 2018
Europe Tortilla Chips Market Research Report 2018
North America Tortilla Chips Market Research Report 2018
Asia-Pacific Tortilla Chips Market Research Report 2018
China Tortilla Chips Market Research Report 2018
EMEA Tortilla Chips Market Research Report 2018
Global Tortilla Chips Market Research Report 2018
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