Tortilla Chips Market Size, Share & Trends Analysis Report By Product (Organic, Conventional), By Type (Baked, Fried), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024

Description

Tortilla Chips Market Growth & Trends:

The global tortilla chips market size is expected to reach USD 48.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 8.8% from 2024 to 2030. Changing lifestyle is the most influential factor driving the product demand and growth of this market. Rising demand for on-the-go food due to hectic work schedules is also estimated to fuel the product demand.

Furthermore, rising number working individuals across the globe is likely to have a positive impact on the product demand. Manufacturers are investing in R&D to develop high-quality and healthy products. Companies are introducing products with whole-grain, gluten-free products with low sodium and fat contents. In addition, a variety of flavors is available in the market to suit consumer needs. For instance, Frito-Lay's, under the brand Tostitos, offers tortilla chips in several flavors including black bean and garlic, jalapeno, lime, red pepper, salsa ranchera, and salsa verde.

Asia Pacific is estimated to be the fastest-growing regional market over the forecast period. This growth is credited to the easy product availability as a result of growing number of supermarkets and hypermarkets, as well as online grocery stores, in the region. Furthermore, increasing consumer disposable income levels and popularity of western cuisines are contributing to the market growth in Asia Pacific.

Tortilla Chips Market Report Highlights:

The conventional segment dominated the market in 2023, with a revenue share of 92.9% in 2023. The factors responsible for the growth are the presence of a predominant market due to the high consumption of tortilla chips.
The fried segment dominated the market in 2023. The fried tortilla chips are available in different flavors and seasonings that caters to consumer's taste preferences.
The offline segment dominated the market in 2023, with a revenue share of 85.2%. The factors contributing to the rise in this market are the high presence of convenience stores and retail outlets.
North America tortilla chips market dominated with a market share of 40.4% in 2023 due to the presence of significant companies and increased consumption of convenient snack foods.

Product Code: GVR-3-68038-706-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Tortilla Chips Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Tortilla Chips Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations

Chapter 5. Tortilla Chips Market: Product Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Tortilla Chips Market: Product Movement Analysis, 2023 & 2030 (USD Million)
5.3. Organic
- 5.3.1. Organic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Conventional
- 5.4.1. Conventional Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Tortilla Chips Market: Type Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Tortilla Chips Market: Type Movement Analysis, 2023 & 2030 (USD Million)
6.3. Baked
- 6.3.1. Baked Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Fried
- 6.4.1. Fried Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Tortilla Chips Market: Distribution Channel Estimates & Trend Analysis

7.1. Segment Dashboard
7.2. Tortilla Chips Market: Distribution Channel Movement Analysis, 2023 & 2030 (USD Million)
7.3. Online
- 7.3.1. Online Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Offline
- 7.4.1. Offline Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Tortilla Chips Market: Regional Estimates & Trend Analysis

8.1. Tortilla Chips Market Share, By Region, 2023 & 2030 (USD Million)
8.2. North America
- 8.2.1. North America Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
  - 8.2.2.1. U.S. Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
  - 8.2.3.1. Canada Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
  - 8.2.4.1. Mexico Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3. Europe
- 8.3.1. Europe Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. UK
  - 8.3.2.1. UK Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
  - 8.3.3.1. Germany Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
  - 8.3.4.1. France Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5. Italy
  - 8.3.5.1. Italy Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.6. Spain
  - 8.3.6.1. Spain Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Asia Pacific
- 8.4.1. Asia Pacific Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Japan
  - 8.4.2.1. Japan Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. China
  - 8.4.3.1. China Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
  - 8.4.4.1. India Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Australia
  - 8.4.5.1. Australia Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
  - 8.4.6.1. South Korea Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5. Latin America
- 8.5.1. Latin America Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
  - 8.5.2.1. Brazil Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. South Africa
  - 8.6.2.1. South Africa Tortilla Chips Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 9. Competitive Landscape

9.1. Recent Developments & Impact Analysis by Key Market Participants
9.2. Company Categorization
9.3. Company Heat Map Analysis
9.4. Company Profiles
- 9.4.1. Grupo Bimbo
  - 9.4.1.1. Participant's Overview
  - 9.4.1.2. Financial Performance
  - 9.4.1.3. Product Benchmarking
  - 9.4.1.4. Recent Developments/ Strategic Initiatives
- 9.4.2. PepsiCo
  - 9.4.2.1. Participant's Overview
  - 9.4.2.2. Financial Performance
  - 9.4.2.3. Product Benchmarking
  - 9.4.2.4. Recent Developments/ Strategic Initiatives
- 9.4.3. Truco Enterprises
  - 9.4.3.1. Participant's Overview
  - 9.4.3.2. Financial Performance
  - 9.4.3.3. Product Benchmarking
  - 9.4.3.4. Recent Developments/ Strategic Initiatives
- 9.4.4. Amplify Snack Brands
  - 9.4.4.1. Participant's Overview
  - 9.4.4.2. Financial Performance
  - 9.4.4.3. Product Benchmarking
  - 9.4.4.4. Recent Developments/ Strategic Initiatives
- 9.4.5. Arca Continental S.A.B. de C.V.,
  - 9.4.5.1. Participant's Overview
  - 9.4.5.2. Financial Performance
  - 9.4.5.3. Product Benchmarking
  - 9.4.5.4. Recent Developments/ Strategic Initiatives
- 9.4.6. Fireworks Foods
  - 9.4.6.1. Participant's Overview
  - 9.4.6.2. Financial Performance
  - 9.4.6.3. Product Benchmarking
  - 9.4.6.4. Recent Developments/ Strategic Initiatives
- 9.4.7. Greendot Health Foods
  - 9.4.7.1. Participant's Overview
  - 9.4.7.2. Financial Performance
  - 9.4.7.3. Product Benchmarking
  - 9.4.7.4. Recent Developments/ Strategic Initiatives
- 9.4.8. Hain Celestial
  - 9.4.8.1. Participant's Overview
  - 9.4.8.2. Financial Performance
  - 9.4.8.3. Product Benchmarking
  - 9.4.8.4. Recent Developments/ Strategic Initiatives
- 9.4.9. Intersnack Group
  - 9.4.9.1. Participant's Overview
  - 9.4.9.2. Financial Performance
  - 9.4.9.3. Product Benchmarking
  - 9.4.9.4. Recent Developments/ Strategic Initiatives
- 9.4.10. Kellanova
  - 9.4.10.1. Participant's Overview
  - 9.4.10.2. Financial Performance
  - 9.4.10.3. Product Benchmarking
  - 9.4.10.4. Recent Developments/ Strategic Initiatives

Tortilla Chips Market Size, Share & Trends Analysis Report By Product (Organic, Conventional), By Type (Baked, Fried), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024 - 2030