Global Tortilla Chips Market 2020-2024

Global Tortilla Chips Market 2020-2024

Technavio has been monitoring the tortilla chips market and it is poised to grow by $ 3.16 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on tortilla chips market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing awareness of the health benefits of tortilla chips and easy access to products due to organized retailing. In addition, growing awareness of the health benefits of tortilla chips is anticipated to boost the growth of the market as well.

The tortilla chips market analysis includes the type segment and geographical landscapes.

Technavio's tortilla chips market is segmented as below:

By Type

• MFICFT
• WFOIT

By Geographical Landscape

• North America
• South America
• Europe
• APAC
• MEA

This study identifies the launch of products containing innovative flavors as one of the prime reasons driving the tortilla chips market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our tortilla chips market covers the following areas:

• Tortilla chips market sizing
• Tortilla chips market forecast
• Tortilla chips market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tortilla chips market vendors that include El Milagro Inc., Gruma SAB de CV, Grupo Bimbo SAB de CV, The Hain Celestial Group Inc., Intersnack Group GmbH & Co. KG, Kellogg Co., PepsiCo Inc., Target Corp., Truco Enterprises LP, and Utz Brands Inc. Also, the tortilla chips market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.