Quick Summary:
In the ever-growing global popcorn market, it's crucial for investors, stakeholders and decision-makers to stay ahead in the game. This comprehensive Market Research Report provides not only a wide perspective on market segments, trends, and opportunities but also unravels the competitive landscape with the profiles of key players in the industry.
A shift towards healthier eating habits combined with the convenience of instant and ready-to-eat products has surged the demand for popcorn worldwide. Its nutritional benefits like low calories, high fiber, and rich vitamin content, along with its potential role in weight loss, heart health and more, have amplified its popularity amongst health-conscious consumers. The increasing proliferation of commercial spaces such as movie theaters, multiplexes and stadiums along with escalating appetite for unique gourmet popcorn flavors globally is further turbocharging the growth of the market.
The report provides a meticulous analysis of the market segmented by type, distribution channel, and end consumer. It offers forecasts at the global, regional, and country level to help you anticipate the future market scenario and make strategic decisions. Acquire this report and arm yourself with the data and insights required to secure your edge in this rapidly transforming market.
Popcorn is a healthy snack with a low calorie and high fiber content, which is prepared by exposing corn kernels to heat and adding butter, salt and pepper, chili flakes and other condiments. It is rich in folate, niacin, riboflavin, thiamin, antioxidants, and vitamins. Its moderate consumption can assist in weight loss, improving blood circulation and intestinal health, and lowering the risk of heart disease and diabetes. Besides this, it helps in reducing depression, relieving constipation, supporting healthy bone function, controlling blood sugar levels, combating tumor cells, and lowering cholesterol levels.
Popcorn Market Trends:
At present, there is a rise in the adoption of instant and ready-to-eat (RTE) convenient food products worldwide due to the busy and hectic lifestyles of individuals. This, along with the growing awareness among individuals about healthy eating habits, represents one of the key factors driving the market. Moreover, the increasing number of commercial places, such as movie theatres, multiplexes and stadiums, across the globe is propelling the growth of the market. In addition, the escalating demand for gourmet and unique popcorn flavors, such as sea-salted caramel, rosemary and olive oil, sea salt, white and chipotle aged cheddar, is positively influencing the market. Besides this, the wide availability of popcorns through online and offline stores around the world is offering lucrative growth opportunities to industry investors. Other growth-inducing factors are rising disposable incomes, increasing penetration of the internet, and increasing reliance on microwaves for reduced preparation time. Furthermore, key market players are focusing on mergers and acquisitions (M&A), social media campaigns and improving product packaging to expand their consumer base and increase their overall profitability.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global popcorn market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and end consumer.Breakup by Type:
- Microwave Popcorn
- Ready-To-Eat (RTE) Popcorn
Breakup by Distribution Channel:
- On-Trade
- Off-Trade
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Channel
- Other Channels
Breakup by End Consumer:
- Households
- Commercial
Breakup by Region:
North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amplify Snack Brands Inc. (The Hershey Company), Campbell Soup Company, Conagra Brands Inc., Eagle Family Foods Group LLC (The J.M. Smucker Company), Frito-Lay North America Inc. (Pepsico Inc.), Great American Popcorn, Joe's Gourmet Foods Ltd., Popz USA LLC, Preferred Popcorn, Proper Snacks Ltd., Quinn Snacks Inc. and Weaver Popcorn Bulk LLC.Key Questions Answered in This Report:
- How has the global popcorn market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global popcorn market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the end consumer?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global popcorn market and who are the key players?
- What is the degree of competition in the industry?
What is the estimated value of the Global Popcorn Market?
What is the growth rate of the Global Popcorn Market?
What is the forecasted size of the Global Popcorn Market?
Who are the key companies in the Global Popcorn Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | May 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 12.6 Billion |
| Forecasted Market Value ( USD | $ 18.6 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
Table of Contents
Companies Mentioned
- Amplify Snack Brands Inc. (The Hershey Company)
- Campbell Soup Company
- Conagra Brands Inc.
- Eagle Family Foods Group LLC (The J.M. Smucker Company)
- Frito-Lay North America Inc. (Pepsico Inc.)
- Great American Popcorn
- Joe's Gourmet Foods Ltd.
- Popz USA LLC
- Preferred Popcorn
- Proper Snacks Ltd.
- Quinn Snacks Inc.
- Weaver Popcorn Bulk LLC.
Methodology
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