Tortilla Chips Market 2020-2026 is Slated to Witness Tremendous Growth | Kellogg Co.; Intersnack Group GmbH & Co. KG; Hain Celestial; Cornitos

Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Tortilla Chips Market By Nature (Organic, Conventional), Source (Wheat, Corn), Product (Masa Flour-Based Tortilla Chips, Cooked Corn-Based Tortilla Chips, Industrial Corn Flour-Based Tortilla Chips, Others), Cooking Type (Baked, Fried), Sales Channel (Store-Based Retailing, Non-Store Retailing), Distribution Channel (Online, Offline)Analysis and Forecast, 2020 – 2026”. Global tortilla chips market is expected to register a substantial CAGR of 7.55% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the

Few of the leading organizations’ names are listed here- MEXICAN CORN PRODUCTS INC.; Kellogg Co.; Intersnack Group GmbH & Co. KG; Hain Celestial; Cornitos; Fireworks Foods; Arca Continental S.A.B. de C.V.; Amplify Snack Brands; Truco Enterprises LP; PepsiCo, Inc.; GRUMA, S.A.B. de C.V; Aranda’s Tortilla Company Inc.; Super-Mex Foods; Grupo Bimbo; Lafortaleza Products; Herr Foods Inc.; Trader Joe’s; Utz Quality Foods; El Milagro, Inc.; Xochitl Chips & Salsa among others.

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Succinct Description of the Market:

Tortilla chips are snack food products generally produced from corn, maize or wheat flour. These chips are majorly produced in a triangular shape and are either fried or baked before their consumption. These chips originate from Mexico and are highly popular as packed chips and snacks. These chips are flavoured with a variety of different ingredients to provide consumers with a variety of alternatives.

The Tortilla Chips is segmented on the basis of types and breadth of solutions offered by each of them. The first type is By Nature (Organic, Conventional), Source (Wheat, Corn), Product (Masa Flour-Based Tortilla Chips, Cooked Corn-Based Tortilla Chips, Industrial Corn Flour-Based Tortilla Chips, Others), Cooking Type (Baked, Fried), Sales Channel (Store-Based Retailing, Non-Store Retailing), Distribution Channel (Online, Offline)

Market Drivers:

Increasing consumption of snack-based meals from various regions due to their low-cost is expected to foster growth of the market
Availability of these chips in various flavours and different variants also acts as a market driver
Increased consumption for organic and gluten-free chips will boost the growth of the market in the forecast period
Changes in lifestyle of individuals resulting in high-pressure professional life is enhancing the consumption of on-the-go products or ready-to-eat meals; this factor is expected to propel the growth of the market

Market Restraints:

Vulnerable nature of raw material prices is hindering the growth of the market
Threats of substitutes and new entrants in the market will also impede the market growth

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In this study, the years considered to estimate the market size of Tortilla Chips are as follows:

History Year: 2014-2018

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

Crucial Market Segment details-:

By Nature

Organic
Conventional

By Source

Wheat
Corn
Yellow Corn
White Corn
Blue Corn
Red Corn

By Product

Masa Flour-Based Tortilla Chips
Cooked Corn-Based Tortilla Chips
Industrial Corn Flour-Based Tortilla Chips
Others

By Cooking Type

Baked
Fried

By Distribution Channel

Online
Offline

By Sales Channel

Store-Based Retailing
Modern Grocery Retailers
Hypermarkets/Supermarkets
Convenience Stores
Discount Stores
Departmental Stores
Specialty Stores
Traditional Grocery Retailers
Food & Drink Specialists
Independent Small Grocery Retailers
Non-Store Retailing

Methodologies utilized to evaluate the market-:

In May 2019, Truco Enterprises LP exhibited their expanded product range of “On The Border” product portfolio including “On The Border Taste of Tajin Hot ‘N Spicy Tortilla Chips”, “On The Border Organic Purple Café Style Tortilla Chips” and “On The Border Organic Blue Tortilla Rounds Chips”. The products were exhibited at “2019 Sweet & Snacks Expo” held in Chicago, United States from May 21-23, 2019

In January 2017, Hain Celestial announced the launch of two new variants for its “Garden of Eatin’” product brand. The products are organic corn tortilla chips presently flavoured with farmhouse cheddar, paprika, ranch, buttermilk, onion and garlic. Both variants have been produced with non-GMO ingredients and are gluten-free

Research strategies and tools used-:

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Table of Contents

1 Tortilla Chips Market Overview

2 Manufacturers Profiles

3 Global Tortilla Chips Market Competitions, by Players

3.1 Global Tortilla Chips Revenue and Share by Players

3.2 Market Concentration Rate

3.2.1 Top 5 Tortilla Chips Players Market Share

3.2.2 Top 10 Tortilla Chips Players Market Share

3.3 Market Competition Trend

4 Global Tortilla Chips Market Size by Regions

5 North America Tortilla Chips Revenue by Countries

6 Europe Tortilla Chips Revenue by Countries

7 Asia-Pacific Tortilla Chips Revenue by Countries

8 South America Tortilla Chips Revenue by Countries

9 Middle East and Africa Revenue Tortilla Chips by Countries

10 Global Tortilla Chips Market Segment by Type

11 Global Tortilla Chips Market Segment by Application

12 Global Tortilla Chips Market Size Forecast (2019-2026)

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 Conclusion:  

This Tortilla Chips research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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