Corn Chips Market Product Type (Organic, Conventional) Type (Fried, Baked) Distribution Channel (Online, Offline) : Global Opportunity Analysis and Industry Forecast, 2020-2027
A07427 | Pages: NA | Feb 2021 | 366 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Corn Chips Market
Request Now !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.
Market scope and structure analysis:
           Report Metric |                             Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value ($US) |
 Segments covered |  Product Type, Type, Distribution Channel, and Region |
 Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
 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. |
Â
COVID-19 Scenario Analysis:Â
- 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.Â
- 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.
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. Â Â 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.
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 Segments Covered:
      Segments |                  Sub-segments |
 Product Type |
|
 Type |
|
 Distribution Channel |
|
Â
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.Â
- The report provides detailed global corn chips market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Corn Chips Market Research Report:
- What are the leading market players active in the corn chips market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Corn Chips Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers