LONDON, June 26, 2017 /PRNewswire/ -- Tortilla chips is a Mexican snack food, which is typically made from corn tortillas. However, since the last decade or so, tortilla chips are also being made from ingredients like wheat tortilla and tapioca. They form one of the most popular savory snack food products after potato chips and crisps in various parts of the world. Tortilla chips are usually made from yellow corn. However, they can also be made from white, blue, or red corn. Totopos and tostadas are the other names given to the tortilla chips in Mexican language. PepsiCo's Frito Lay occupies a leading position in the global tortilla chips market with its highly popular brands like Doritos, Tostitos, and Santitas.
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Technavio's analysts forecast the global tortilla chips market to grow at a CAGR of 7.42% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global tortilla chips market for 2017-2021. To calculate the market size, the report considers the retail sales of the important vendors in the tortilla chips market and the market share of various brands operating in different geographical regions.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Tortilla Chips Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• GRUMA
• Grupo Bimbo
• PepsiCo
• Truco Enterprises
Other prominent vendors
• Amplify Snack Brands
• Arca Continental
• Fireworks Foods
• Greendot Health Foods
• Hain Celestial
• Intersnack Group
• Kellogg
• Mexican Corn Products
Market driver
• Launch of an increasing number of products containing innovative flavors
• For a full, detailed list, view our report
Market challenge
• Fluctuations in corn prices
• For a full, detailed list, view our report
Market trend
• Growing popularity of organic and non-GMO ingredients-based tortillas and tortilla chips products
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/4961933/
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