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Corn Chips Market Size, Growth Opportunities, New Developments by 2027

Corn chips are savory snack food prepared byeither deep frying or baking cornmeal. These are Mexican corn products that have gained popularity and acceptability worldwide in recent times. Corn products such as corn chips and tortilla chips are produced and consumed from earlier times in Mexico, Central America, Venezuela, Colombia, and others. Corn chips generally have a crunchy and rigid texture with added seasonings to enhance the palatability. The tortilla corn chips are prepared by the alkali treatment process of corn known as nixtamalization forming the masa which further involves salt addition, mixing, sheeting, cutting, and frying. The recent commercial production of corn chips is done by the extrusion process of cornmeal. Corn chips were commercially introduced by Fritos, one of the widely recognized brands in the U.S. in 1932. Recently, the corn chips are consumed in different varieties of ready-to-eat (RTE) products such as tortilla chips, nachos, and Frito pie.Corn chips have gained popularity in recent times and January 29 is considered as national corn chip day in the U.S.

Companies covered

Frito-Lay Inc., Mission Foods, Gruma Corporation, Utz Quality snacks, Target Brands, Truco Enterprises, Herr’s, Grupo Bimbo, El Milagro, Aranda’s Tortilla Company Inc., Super Mex Foods.

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COVID-19 Scenario Analysis:
The coronavirus pandemic has impacted the corn chips market as the procurement of raw material has become challenging due to the lockdown scenario and transport restrictions.
The manufacturing units have been temporarily shut down due to the increase in number of coronavirus cases and this has led to the shortage in production, manpower, and interruption in the supply chain.

The distribution channels have shut down due to the lockdown scenario. The panic buying of snacks such as corn chips caused initially due to the pandemic resulted in the shortage of stock in the supermarkets and retail stores,in turn affecting the sales and demand of corn chips market.

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Top Impacting Factors:Market Scenario Analysis, Trends, Drivers and Impact Analysis
Corn chips are processed and consumed for a long time by the means of traditional practices in households but as the technology has advanced the new variants of corn chips have gained immense popularity. Tortilla corn chips were originated in the 1950s and are one of the largest consumed varieties of corn. The increase in awareness about new products, enhanced nutritional value of corn chips, enhanced palatability of the product, value addition in corn chips, increase in consumption of snack foods, raw material quality, the introduction of better technology such as extrusion, production of thinner, lighter and small product, innovation and new product development, investment in R&D, high automation, use of corn chips as an ingredient, increasing urbanization, the introduction of variants in the flavor of corn chips and improvement of product quality are the key drivers which leadsgrowth of global corn chips market. However, traditional method of processing, the shelf life of the product, increased competition, allergic reactions due to corn, increase in carbohydrate and fat content, availability of substitute products, and regulatory hurdles hinder the market growth.

The global corn chips market trends are as follows:

Variants of corn chips
Generally, snacks are considered to be empty-calorie foods that do not have high nutritional value, therefore the key manufacturers have been inclined toward the processing of corn chips, which have nutritional value and become the diet-healthy option among the various varieties of snacks. The cornmeal has a low glycemic index, unsaturated fat, calcium, copper, iron, magnesium, and zinc which make corn chips rich in vitamins and minerals.The nixtamalization used for the alkali treatment of the cornmeal breaks down the hemicelluloses content and enhance the nutritional quality of the corn chips. Tortilla corn chips are produced from the white corn, yellow corn, whole wheat flour, and blue cornmeal along with flavorings and seasoning to enhance the palatability. For the processing of tortilla chips, the ancient Aztec technology is still used along with the modern extrusion process.

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Several types of research have been done to study the nutritional value of the corn chips and for enhancing the product quality. The combination of cornmeal with wheat, legumes, cooked bean flour, and others have created a new nutritionally enhanced corn chips product in the market. The key players in the corn chips market are inclined towards improving the quality of the corn chips, less salt, increased fiber, gluten-free cornmeal, launching different varieties of palatable flavors, enhancing the shelf life of the product by new packaging and eliminating the frying process by introducing the baked corn chips for reducing the fat and calories content in the end product.

Key Benefits of the Report:

This study presents the analytical depiction of the global corn chips industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global corn chips market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global corn chips market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides detailed global corn chips market analysis based on competitive intensity and how the competition will take shape in the coming years.

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COVID-19 Update: Global Corn Chips Market is Expected to Grow at a Healthy CAGR with Top players: Doritos, Cc’s, Frito-Lay North America, Mission, Pringles, etc. | InForGrowth

The report titled Corn Chips Market: Size, Trends and Forecasts (2020-2025)”, delivers an in depth analysis of the Corn Chips market by value, by production capacity, by companies, by applications, by segments, by region, etc.

The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the Corn Chips industry. Growth of the overall Corn Chips market has also been forecasted for the period 2020-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

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Impact of COVID-19:

Corn Chips Market report analyses the impact of Coronavirus (COVID-19) on the Corn Chips industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Corn Chips market in 2020.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.

COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

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The major players profiled in this report include 

  • Doritos
  • Cc’s
  • Frito-Lay North America
  • Mission
  • Pringles
  • Chacho’s
  • MUJI.

    Market Segments and Sub-segments Covered in the Report are as per below:

    Based on Product Type Corn Chips market is segmented into

  • Plain
  • Barbecue
  • Sour Cream & Onion
  • Salt & Vinegar
  • Others

    Based on Application Corn Chips market is segmented into

  • Supermarket/Hypermarket
  • Independent Retailer
  • Other

    Regional Coverage of the Corn Chips Market:

    • Europe
    • Asia and Middle East
    • North America
    • Latin America

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    Industrial Analysis of Corn Chips Market:

    Corn

    Key Questions answered in the Report:

    1. What is the size of the overall Corn Chips market and its segments?
    2. What are the key segments and sub-segments in the market?
    3. What are the key drivers, restraints, opportunities and challenges of the Corn Chips market and how they are expected to impact the market?
    4. What are the attractive investment opportunities within the Market?
    5. What is the Corn Chips market size at the regional and country-level?
    6. Who are the key market players and their key competitors?
    7. Market value- chain and key trends impacting every node with reference to companies
    8. What are the strategies for growth adopted by the key players in Corn Chips market?
    9. How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness and market capitalization?
    10. How financially strong are the key players in Corn Chips market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
    11. What are the recent trends in Corn Chips market? (M&A, partnerships, new product developments, expansions)

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    Global Corn Chips Market 2020 Analysis by Latest COVID-19 Virus Impact with Market Positioning of Key Vendors: Doritos, Cc’s, Frito-Lay North America, Mission, Pringles, etc. | GlobMarketReports

     

    Corn-Chips-Market

    Latest research report, titled “Global Corn Chips Market Insights, Forecast to 2025. this report included a special section on the Impact of COVID-19. Also, Corn Chips Market (By major Key Players, By Types, By Applications, and Leading Regions) Segments outlook, Business assessment, Competition scenario and Trends .The report also gives 360-degree overview of the competitive landscape of the industries. SWOT analysis has been used to understand the strength, weaknesses, opportunities, and threats in front of the businesses. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Corn Chips markets to extend their reach and create sales opportunities.

    Top Key players profiled in the report include: Doritos, Cc’s, Frito-Lay North America, Mission, Pringles, Chacho’s, MUJI and More…

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    Corn Chips market competitive landscape offers data information and details by companies. Its provides a complete analysis and precise statistics on revenue by the major players participants for the period 2020-2025. The report also illustrates minute details in the Corn Chips market governing micro and macroeconomic factors that seem to have a dominant and long-term impact, directing the course of popular trends in the global Corn Chips market.

    Market Type Segmentation
    Plain
    Barbecue
    Sour Cream & Onion
    Salt & Vinegar

    Industry Segmentation
    Supermarket/Hypermarket
    Independent Retailer

    Regions Covered in the Global Corn Chips Market:
    The Middle East and Africa (GCC Countries and Egypt)
    North America (the United States, Mexico, and Canada)
    South America (Brazil etc.)
    Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
    Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

    Years Considered to Estimate the Market Size:
    History Year: 2015-2019
    Base Year: 2019
    Estimated Year: 2020
    Forecast Year: 2020-2025

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    Reasons to buy:

    • Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
    • Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
    • Classify potential new clients or partners in the target demographic.
    • Develop tactical initiatives by understanding the focus areas of leading companies.
    • Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
    • Formulate corrective measures for pipeline projects by understanding Corn Chips pipeline depth.
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    Some Major TOC Points:

    • Chapter 1: Corn Chips Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.
    • Chapter 2: Corn Chips Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels, and Major Downstream Buyers.
    • Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Corn Chips.
    • Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Corn Chips.
    • Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Corn Chips by Regions.
    • Chapter 6: Corn Chips Production, Consumption, Export, and Import by Regions.
    • Chapter 7: Corn Chips Market Status and SWOT Analysis by Regions.
    • Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Corn Chips.
    • Chapter 9: Corn Chips Market Analysis and Forecast by Type and Application.
    • Chapter 10: Corn Chips Market Analysis and Forecast by Regions.
    • Chapter 11: Corn Chips Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.
    • Chapter 12: Corn Chips Market Conclusion of the Whole Report.
    • Continue…

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    Know about Impact of Covid-19 on Corn Chips Market Influencing Factors by Top Companies like – Doritos, Cc’s, Frito-Lay North America, Mission

    Global Corn Chips Industry: with growing significant CAGR during Forecast 2020-2025

    Latest Research Report on Corn Chips Market which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), and Consumption Analysis

    Understand the influence of COVID-19 on the Corn Chips Market with our analysts monitoring the situation across the globe. Request Now

    The market research report on the global Corn Chips industry provides a comprehensive study of the various techniques and materials used in the production of Corn Chips market products. Starting from industry chain analysis to cost structure analysis, the report analyzes multiple aspects, including the production and end-use segments of the Corn Chips market products. The latest trends in the pharmaceutical industry have been detailed in the report to measure their impact on the production of Corn Chips market products.

    Leading key players in the Corn Chips market are –
    Doritos, Cc’s, Frito-Lay North America, Mission, Pringles, Chacho’s, MUJI

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    Product Types:
    Plain, Barbecue, Sour Cream & Onion, Salt & Vinegar, Others

    By Application/ End-user:
    Supermarket/Hypermarket, Independent Retailer, Other,

    Regional Analysis For Corn Chips Market

    North America (the United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, and Italy)
    Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
    South America (Brazil, Argentina, Colombia, etc.)
    The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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    • The varying scenarios of the overall market have been depicted in this report, providing a roadmap of how the Corn Chips products secured their place in this rapidly-changing marketplace. Industry participants can reform their strategies and approaches by examining the market size forecast mentioned in this report. Profitable marketplaces for the Corn Chips Market have been revealed, which can affect the global expansion strategies of the leading organizations. However, each manufacturer has been profiled in detail in this research report.
    • Corn Chips Market Effect Factors Analysis chapter precisely gives emphasis on Technology Progress/Risk, Substitutes Threat, Consumer Needs/Customer Preference Changes, Technology Progress in Related Industry, and Economic/Political Environmental Changes that draw the growth factors of the Market.
    • The fastest & slowest growing market segments are pointed out in the study to give out significant insights into each core element of the market. Newmarket players are commencing their trade and are accelerating their transition in Corn Chips Market. Merger and acquisition activity forecast to change the market landscape of this industry.

    This report comes along with an added Excel data-sheet suite taking quantitative data from all numeric forecasts presented in the report.

    Research Methodology: The Corn Chips market has been analyzed using an optimum mix of secondary sources and benchmark methodology besides a unique blend of primary insights. The contemporary valuation of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary members have helped in compiling appropriate aspects with realistic parametric assessments for a comprehensive study.

    What’s in the offering: The report provides in-depth knowledge about the utilization and adoption of Corn Chips Industries in various applications, types, and regions/countries. Furthermore, the key stakeholders can ascertain the major trends, investments, drivers, vertical player’s initiatives, government pursuits towards the product acceptance in the upcoming years, and insights of commercial products present in the market.

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    Lastly, the Corn Chips Market study provides essential information about the major challenges that are going to influence market growth. The report additionally provides overall details about the business opportunities to key stakeholders to expand their business and capture revenues in the precise verticals. The report will help the existing or upcoming companies in this market to examine the various aspects of this domain before investing or expanding their business in the Corn Chips market.

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