Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.9% during the review period (2020 to 2027)
Popcorn Market Overview
Popcorn is a type of corn that expands from the kernel and puffs when provided heat. Popcorn is able to pop like sorghum, amaranth grain, millet, and quinoa. When popcorn is being heated, pressure builds within the kernel and a small pop is a result. Some varieties of corn are now cultivated especially as popping corn.
There are several techniques for popping corns. Along with pre-packaged popcorn which is generally intended to be prepared in a microwave oven, there are small home appliances for popping corn. On a professional level, the popcorn machine was invented by Charles Cretors in the later period of the 19th century. Unpopped popcorn is considered as non-perishable and can last as long as possible if stored in proper conditions. Popcorn has also been used in the non-food segment with usages like holiday decorations and packaging materials.
Who are the Major Players in Popcorn Market?
Top Key Players in the Popcorn Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes ConAgra, Weaver Popcorn, PepsiCo, Amplify, Snyder's-Lance, Butterkist, American Popcorn, Angie's Artisan Treats, Borges, Chamerfood, Garrett Popcorn Shops, Newmans Own, Aramidth International, Joe and Seph, Mage's, Inter-Grain, Quinn, The Hain Celestial Group, Inc, Intersnack Group GmbH & Co. KG. and others.
Recent Developement
January 21, 2022: Conagra Brands announced that with the generous support of the greater Omaha community, the 15th annual Shine the Light on Hunger campaign surpassed its goal of raising 2 million meals by 453%. The final number, 9,104,469 meals, was announced at a press conference this morning.
14 November, 2019: Borges launches its first rPet bottle manufactured with 25% recycled plastic
Borges has launched its first BORGES one-litre bottle manufactured with 25% recycled plastic as part of the “Committed by nature” campaign ,Borges reduces the amount of plastic used to manufacture its bottles by 20% ,With these measures, Borges will reduce plastic consumption by 143 tons
What are the major Applications, Types and Regions for Popcorn Market?
By Type, Popcorn Market has been segmented into
- Ready-to-eat popcorn
- Microwave popcorn
By Applications, Popcorn Market has been segmented into
Popcorn Market Regional Analysis
North America has traditionally been the major market for popcorn globally. The emergence of the trend of healthy snacking has impacted the growth of the popcorn market in the region. In the United States, the retail sales of popcorn have increased by over 32% since 2012. Much of this progress can be attributed to the double-digit growth rate associated with ready-to-eat popcorn. In addition to the emergence of new flavors and the healthy snacking trend, consumers are also progressively looking for accompaniments to popcorn, driving the consumption of mix-ins such as popcorn with dried cranberries or candies.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Popcorn Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 6.9% during the review period (2022 to 2027).
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By Type
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- Ready-to-eat popcorn
- Microwave popcorn
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By Application
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By Companies
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ConAgra, Weaver Popcorn, PepsiCo, Amplify, Snyder's-Lance, Butterkist, American Popcorn, Angie's Artisan Treats, Borges, Chamerfood, Garrett Popcorn Shops, Newmans Own
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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116
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Popcorn Report
- Evaluate Popcorn market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Popcorn market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than the top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Question -
What is the study period of this market?
The Global Popcorn Market is studied from 2020 - 2027.
What is the growth rate of Global Popcorn Market?
The Global Popcorn Market is growing at a CAGR of 6.9%
Which region has highest growth rate in Global Popcorn Market?
Asia Pacific is growing at the highest CAGR over 2020- 2027.
Who are the key players in Global Popcorn Market?
Conagra Brands, Inc., Campbell Soup Company, PepsiCo Inc., Weaver Popcorn Bulk, LLC, The Hershey Company are the major companies operating in Global Popcorn Market.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.