Global Tortilla Chips Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Tortilla Chips Market.
Companies Mentioned are GRUMA, Grupo Bimbo, PepsiCo, and Truco Enterprises. Other Prominent Vendors in the market are: Amplify Snack Brands, Arca Continental, Fireworks Foods, Greendot Health Foods, Hain Celestial, Intersnack Group, Kellogg, Mexican Corn Products, Snacka Lanka, and Snyder’s-Lance.
The global Tortilla Chips market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
This independent 93 page report guarantees you will remain better informed than your competition. With over 160 tables and figures examining the Tortilla Chips market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Tortilla Chips in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Tortilla Chips industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Tortilla Chips industry development trends and marketing channels are analyzed.
Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is growing popularity of organic and non-GMO ingredients-based tortillas and tortilla chips products. Owing to the rising number of health-conscious consumers, manufacturers are increasingly focusing on organic and non-genetically modified organisms (GMO) ingredients-based tortilla chips. For example, AB Mauri, an operating division of Associated British Foods, not only provides ingredient solutions to tortilla manufacturers but also offers technical expertise to help them in the production of a wide variety of tortilla styles, from translucent, home-style tortillas with a short shelf life to more-opaque and thicker tortillas with a long shelf life. Its Supremo Tortilla Solutions line features specialty ingredients that are compatible with both flour and corn tortilla products.”
According to the report, one of the major drivers for this market is launch of an increasing number of products containing innovative flavors. The global tortilla chips market has seen a surge in the launch of new products containing innovative flavors over the last five years. Most of these new products were launched in the Americas, and most of them were organic or gluten-free due to the rising demand for such products. The launch of these new products will have a positive impact on the market and lead to an increase in the demand for tortilla chips during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is fluctuations in corn prices. Corn is a popular food item globally. The first instance of the usage of corn dates back to around 2,500 BC. However, corn has grown to become more than just another source of food over the past few decades. Corn is also one of the most important fuel sources. About 40% of the crop is used for making corn ethanol – an alcohol that has become a key constituent of gasoline in the US. Besides, it is also considered as an alternative source of energy to gasoline. With corn being increasingly linked to gasoline, several factors are affecting the price of corn.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Tortilla Chips on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Tortilla Chips Market and assist manufacturers and investment organization to better grasp the development course of Tortilla Chips Market.