DUBLIN, June 30, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Tortilla Chips Market 2017-2021" report to their offering.

The global tortilla chips market to grow at a CAGR of 7.42% during the period 2017-2021.

PepsiCo's Frito Lay occupies a leading position in the global tortilla chips market with its highly popular brands like Doritos, Tostitos, and Santitas.

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 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.

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.

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

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Segmentation by product type

Part 07: Geographical segmentation

Part 08: Key leading countries

Part 09: Decision framework

Part 10: Drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/kttgw8/global_tortilla

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SOURCE Research and Markets