Report Description


Forecast Period

2025-2029

Market Size (2023)

USD 7.89 Billion

CAGR (2024-2029)

11.16%

Fastest Growing Segment

Microwave Popcorn

Largest Market

Asia Pacific

Forecast Period

USD 14.84 Billion


Market Overview

Global Popcorn Market was valued at USD 7.89 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 11.16% through 2029. The global popcorn market has experienced robust growth in recent years, driven by factors such as increasing consumer demand for convenient and healthy snacks, a growing preference for ready-to-eat food items, and the expansion of the snacking culture worldwide. Popcorn, a popular and versatile whole grain snack, has gained popularity due to its perceived health benefits, as it is often considered a healthier alternative to traditional snacks like potato chips.

The market is characterized by a wide range of product offerings, including microwave popcorn, ready-to-eat popcorn, and popcorn kernels for home popping. Microwave popcorn, with its convenience and quick preparation, has emerged as a significant segment, catering to the busy lifestyles of consumers. Additionally, the popcorn market has witnessed innovation in flavors and packaging to meet diverse consumer preferences.

Geographically, North America has been a dominant market for popcorn, driven by a strong snacking culture and a high demand for convenient food options. However, emerging markets in Asia-Pacific and Latin America are experiencing increased popcorn consumption, presenting lucrative opportunities for market players.

Despite the positive outlook, challenges such as fluctuating raw material prices and concerns about the environmental impact of packaging materials are influencing the market dynamics. As the snacking trend continues to evolve, the global popcorn market is expected to witness further growth, driven by innovation, marketing strategies, and changing consumer lifestyles.

Key Market Drivers

Shifting Consumer Preferences Towards Healthier Snacking Options

One of the primary drivers propelling the global popcorn market is the shifting consumer preference towards healthier snacking options. As health consciousness continues to rise globally, consumers are seeking snacks that align with their wellness goals. Popcorn, being a whole grain and a good source of fiber, has positioned itself as a healthier alternative to traditional snacks like potato chips. The perception of popcorn as a light and natural snack has contributed to its popularity among health-conscious consumers.

Moreover, popcorn's low-calorie content and versatility make it an attractive choice for those looking to balance taste with nutritional value. Manufacturers are responding to this demand by introducing variants like air-popped and low-fat microwave popcorn, capitalizing on the trend of "better-for-you" snacks. The health-focused driver is pushing popcorn beyond traditional movie-time indulgence, driving sales in various retail channels and contributing to the global market's growth.

Rising Snacking Culture and On-the-Go Lifestyles

The global snacking culture, driven by busy lifestyles and changing eating habits, is a significant driver for the popcorn market. Consumers are increasingly adopting on-the-go snacking habits, seeking convenient and portable options that fit their fast-paced lives. Popcorn's inherent convenience, coupled with the availability of pre-packaged options like microwave popcorn and ready-to-eat popcorn bags, caters perfectly to this trend.

The snackable nature of popcorn makes it an ideal choice for quick bites, whether at work, in transit, or during leisure activities. As consumers look for easily accessible and portion-controlled snacks, popcorn's packaging innovations and diverse product formats play a pivotal role in meeting these preferences. This snacking culture is not confined to any specific demographic, making popcorn a universal snack that appeals to a broad consumer base and contributing significantly to the market's global growth.

Globalization and Market Expansion in Emerging Economies

The globalization of food preferences and the expanding market reach of popcorn in emerging economies represent another key driver for the industry. Popcorn, once primarily associated with North America, has now transcended regional boundaries to become a popular snack globally. Emerging markets in Asia-Pacific, Latin America, and parts of Africa are witnessing a surge in popcorn consumption as a result of changing lifestyles, urbanization, and increased disposable incomes.

The adaptability of popcorn to different taste preferences is a key factor in its global success. Manufacturers are introducing diverse flavors and seasoning options to cater to local tastes, driving market penetration in new regions. Additionally, the rise of cinema culture, increased availability of international snacks, and the influence of Western eating habits contribute to the growth of the popcorn market in emerging economies. As a result, the globalization of popcorn as a snack choice is a powerful driver, opening up new avenues for market players to explore and expand.

Innovation in Flavors, Packaging, and Product Formats

Innovation stands out as a crucial driver shaping the global popcorn market. Manufacturers are continually investing in research and development to introduce novel flavors, innovative packaging, and unique product formats. The aim is to capture consumer attention, differentiate products in a competitive market, and cater to evolving taste preferences.

Flavor innovation plays a pivotal role in enticing consumers and expanding the market share. Popcorn is no longer limited to traditional butter and salt; instead, it boasts a wide array of flavors such as caramel, cheese, spicy, and exotic blends. This diversity appeals to consumers seeking novel and exciting taste experiences, driving repeat purchases and brand loyalty.

Packaging innovations, including convenient microwave popcorn bags and ready-to-eat packaging, enhance the product's accessibility and shelf life. Sustainable packaging solutions also address environmental concerns, aligning with the growing consumer demand for eco-friendly options. These packaging advancements contribute to the overall consumer experience and convenience, influencing purchasing decisions.

Furthermore, the introduction of unique product formats, such as popcorn clusters, coated popcorn, and premium gourmet popcorn, caters to varying consumer preferences and occasions. These innovations not only boost sales but also position popcorn as a versatile and trendy snack, ensuring its relevance in a rapidly changing market landscape.

In conclusion, the global popcorn market is propelled by a combination of factors, including the rising demand for healthier snacks, the prevalence of snacking culture, globalization, and continuous innovation. As consumers seek convenient, flavorful, and wholesome snacking options, popcorn remains well-positioned to capitalize on these trends, driving sustained growth in the global market.


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Key Market Challenges

Fluctuating Raw Material Prices

One of the significant challenges faced by the popcorn market is the volatility in raw material prices. Popcorn production relies on factors such as weather conditions, agricultural practices, and crop yields. Fluctuations in these variables can lead to unpredictable changes in the cost of popcorn kernels, a primary ingredient for popcorn manufacturers. This uncertainty in raw material prices can affect profit margins for both growers and producers, making it challenging to plan for consistent and stable pricing.

The vulnerability of popcorn crops to climate conditions, pests, and diseases amplifies the risks associated with raw material costs. To mitigate this challenge, industry stakeholders must adopt effective risk management strategies, invest in sustainable farming practices, and explore partnerships that ensure a stable and reliable supply chain.

Environmental Concerns and Packaging Sustainability

The increasing awareness of environmental sustainability poses a significant challenge to the popcorn market, particularly regarding packaging. Traditional packaging materials, such as plastic, are facing scrutiny due to their environmental impact and contribution to pollution. The single-use nature of many popcorn packaging formats, such as microwave popcorn bags, raises concerns about waste generation and disposal.

Consumers are becoming more environmentally conscious, demanding eco-friendly and recyclable packaging solutions. The popcorn industry must address these concerns by investing in sustainable packaging alternatives, adopting circular economy practices, and communicating transparently about their efforts. Balancing the need for convenience with eco-friendly packaging presents a challenge that requires innovative solutions and collaboration across the supply chain.

Intense Competition and Brand Differentiation

The global popcorn market is characterized by intense competition, with numerous brands vying for consumer attention. This saturation poses a challenge for both established and emerging players to differentiate their products effectively. While flavor innovation and unique packaging have been strategies to stand out, maintaining a distinct brand identity and building consumer loyalty are ongoing challenges.

Brands must continually invest in market research to understand changing consumer preferences and tailor their products accordingly. Developing a strong brand narrative, investing in marketing campaigns, and establishing emotional connections with consumers are essential for brand differentiation. As private labels and new entrants enter the market, established popcorn brands face the challenge of staying relevant and maintaining market share.

Regulatory Compliance and Labeling Requirements

The global popcorn market is subject to various regulatory standards and labeling requirements, which can pose challenges for manufacturers and distributors. Compliance with food safety regulations, nutritional labeling, and ingredient transparency is crucial for building consumer trust and meeting legal obligations. However, navigating the complex landscape of global regulations, which may vary across regions, can be challenging for multinational popcorn brands.

Changes in regulations or the introduction of new labeling requirements may necessitate adjustments in manufacturing processes and packaging, impacting costs and timelines. Additionally, meeting evolving standards for health claims, allergen labeling, and other industry-specific regulations requires continuous monitoring and adaptation. Companies in the popcorn market must invest in regulatory affairs teams and resources to stay abreast of changing requirements and ensure compliance across diverse markets.

In conclusion, the global popcorn market faces challenges related to raw material price volatility, environmental sustainability, intense competition, and regulatory compliance. Overcoming these challenges requires a combination of strategic planning, innovation, and proactive engagement with consumers and regulatory bodies. As the popcorn industry evolves, addressing these obstacles will be crucial for sustainable growth and maintaining a competitive edge in the global market.

Key Market Trends

Health and Wellness

A prominent trend in the global popcorn market is the growing emphasis on health and wellness. Consumers are increasingly seeking snacks that offer both indulgence and nutritional benefits. Popcorn, being a whole grain and a good source of fiber, aligns well with this trend. Manufacturers are capitalizing on the health-conscious consumer by introducing variants like air-popped popcorn, low-fat options, and popcorn with added functional ingredients.

Flavor innovation is also contributing to the health trend, with the introduction of popcorn flavors that incorporate natural and functional ingredients such as herbs, spices, and superfoods. This trend extends beyond the product itself to include transparent and clean labeling, highlighting nutritional information and the absence of artificial additives. Brands that successfully position popcorn as a healthier snack option are likely to continue gaining traction in the market.

Flavor Innovation and Exotic Varieties

Flavor innovation remains a key driver in the popcorn market, with consumers seeking unique and exotic taste experiences. Popcorn is no longer limited to traditional butter and salt; instead, manufacturers are exploring a wide array of flavors to captivate diverse consumer palates. Trendy flavors include gourmet options like truffle, sriracha, jalapeño, and sweet and savory blends that appeal to adventurous snackers.

Beyond just flavor, exotic popcorn varieties are gaining popularity. This includes premium popcorn made from heirloom corn varieties, non-GMO options, and organic popcorn. The trend towards diverse and exotic popcorn flavors reflects the broader consumer demand for novel and premium snack options, driving innovation in the popcorn market.

Sustainable and Eco-Friendly Packaging

As environmental consciousness continues to rise globally, the popcorn market is witnessing a trend towards sustainable and eco-friendly packaging. Consumers are increasingly concerned about the environmental impact of single-use packaging, leading to a shift in preferences towards brands that prioritize sustainability. In response, popcorn manufacturers are exploring and adopting eco-friendly packaging alternatives.

This trend involves using compostable materials, reducing plastic use, and employing recyclable packaging for popcorn products. Brands that can effectively communicate their commitment to sustainability and implement eco-friendly packaging solutions are likely to resonate positively with environmentally conscious consumers. Sustainable packaging not only aligns with consumer values but also positions popcorn brands as responsible contributors to environmental conservation.

Snacking Convenience and On-the-Go Packaging

The on-the-go lifestyle of modern consumers is driving a trend towards convenient snacking options, and the popcorn market is responding with innovative packaging solutions. Ready-to-eat popcorn in convenient and portable packaging, such as single-serve bags and resealable pouches, caters to the demand for quick and accessible snacks. Microwave popcorn continues to be a popular choice, providing a hassle-free preparation method that aligns with busy schedules.

The trend towards snacking convenience also extends to popcorn clusters, popcorn bars, and other portable formats that offer a twist on traditional popcorn consumption. These products cater to the desire for grab-and-go snacks that require minimal preparation. As consumers prioritize convenience in their snacking choices, the popcorn market is likely to see further innovations in packaging and product formats to meet these demands.

In conclusion, the global popcorn market is experiencing trends centered around health and wellness, flavor innovation, sustainable packaging, and snacking convenience. Staying attuned to these trends allows popcorn manufacturers to adapt their product offerings and strategies to meet evolving consumer preferences, ensuring continued success in a competitive and dynamic market.

Segmental Insights

Product Insights

Microwave popcorn has emerged as a rapidly growing segment in the global popcorn market, driven by its convenience and ease of preparation. This segment's growth is attributed to the fast-paced lifestyles of consumers seeking quick and ready-to-eat snack options. Microwave popcorn eliminates the need for stovetop popping, offering a hassle-free experience that aligns with the on-the-go snacking culture. Manufacturers are responding to this trend with innovative packaging, diverse flavor options, and enhanced product formulations. As the demand for convenient snacking solutions continues to rise, microwave popcorn is positioned to capture an increasing share of the global popcorn market, appealing to a broad spectrum of consumers seeking both simplicity and flavor in their snack choices.

Sales Channel Insights

Online sales have emerged as a thriving segment in the global popcorn market, reflecting the changing consumer landscape and preferences. The convenience of purchasing popcorn products through e-commerce platforms has significantly contributed to the segment's growth. Consumers, seeking ease of access and a wide variety of choices, are turning to online channels for their popcorn purchases. This trend is further fueled by the increasing digitalization of retail and the global shift towards online shopping. Popcorn manufacturers are strategically expanding their online presence, offering diverse flavors and packaging options to cater to a broader audience. As online sales continue to gain momentum, the virtual shelf space becomes a critical battleground for popcorn brands, providing a convenient avenue for consumers to explore, compare, and purchase their favorite popcorn products.


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Regional Insights

Asia Pacific has emerged as the dominating region in the global popcorn market, experiencing robust growth and reshaping the industry landscape. The increasing popularity of popcorn in Asia Pacific can be attributed to changing consumer preferences, rising disposable incomes, and the influence of Western snacking culture. As the region embraces a diverse range of flavors and snack options, popcorn has become a favored choice among consumers seeking both traditional and innovative taste experiences. Additionally, the expansion of cinema culture and the growing demand for convenient, ready-to-eat snacks contribute to the market's dominance in Asia Pacific. Popcorn manufacturers are strategically tailoring their products to meet the unique taste preferences of the region, solidifying Asia Pacific's position as a key driver in the global popcorn market. The dynamic growth in this region presents lucrative opportunities for market players looking to capitalize on the evolving snacking habits of the diverse Asian consumer base.

Recent Developments

  • In Feb 2023, AMC Entertainment has introduced their latest range of microwave and ready-to-eat popcorn. The line consists of three flavors: Classic Butter, Extra Butter, and Lightly Salted, which is ideal for those looking for a lower sodium option.
  • In Oct 2023, McCain Foods, a frozen food brand, expanding their portfolio by launching two product namely the McCain Popcorn Fries and McCain Cheesy Pizza Fingers.

Key Market Players

  • Campbell Soup Company
  • PepsiCo Inc.
  • Conagra Brands, Inc.
  • Weaver Popcorn Bulk, LLC
  • Quinn Foods LLC
  • The Hershey Company
  • The Eagle Family Foods Group LLC
  • Catapult Enterprises Ltd (PROPER)
  • American Pop Corn Company (JOLLY TIME)
  • Intersnack Group GmbH & Co. KG

 

By Product

 

By Sales Channel

 

By Region

Microwave Popcorn

Ready-to-Eat Popcorn

Hypermarkets/Supermarkets

Departmental Stores

Online

Others

North America

Europe

Asia Pacific

South America

Middle East & Africa


Report Scope:

In this report, the global popcorn market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •    Popcorn Market, By Product:

o   Microwave Popcorn

o   Ready-to-Eat Popcorn

  •    Popcorn Market, By Sales Channel :

o   Hypermarkets/Supermarkets

o   Departmental Stores

o   Online

o   Others

  •    Popcorn Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

o   South America

§  Argentina

§  Colombia

§  Brazil

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Popcorn market.

Available Customizations:

Global Popcorn Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Popcorn Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factor Influence Purchase Decision

4.2.  Customer Satisfaction

5.    Global Popcorn Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Market Share Analysis (Microwave Popcorn, Ready-to-Eat Popcorn)

5.2.2.    By Sales Channel Market Share Analysis (Hypermarkets/Supermarkets, Departmental Stores, Online, Others)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        North America Market Share Analysis

5.2.3.2.        Europe Market Share Analysis

5.2.3.3.        Asia-Pacific Market Share Analysis

5.2.3.4.        Middle East & Africa Market Share Analysis

5.2.3.5.        South America Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Popcorn Market Mapping & Opportunity Assessment

5.3.1.    By Product Market Mapping & Opportunity Assessment

5.3.2.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    North America Popcorn Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Market Share Analysis

6.2.2.    By Sales Channel Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        United States Popcorn Market Outlook

6.2.3.1.1.           Market Size & Forecast

6.2.3.1.1.1.               By Value

6.2.3.1.2.           Market Share & Forecast

6.2.3.1.2.1.               By Product Market Share Analysis

6.2.3.1.2.2.               By Sales Channel Market Share Analysis

6.2.3.2.        Canada Popcorn Market Outlook

6.2.3.2.1.           Market Size & Forecast

6.2.3.2.1.1.               By Value

6.2.3.2.2.           Market Share & Forecast

6.2.3.2.2.1.               By Product Market Share Analysis

6.2.3.2.2.2.               By Sales Channel Market Share Analysis

6.2.3.3.        Mexico Popcorn Market Outlook

6.2.3.3.1.           Market Size & Forecast

6.2.3.3.1.1.               By Value

6.2.3.3.2.           Market Share & Forecast

6.2.3.3.2.1.               By Product Market Share Analysis

6.2.3.3.2.2.               By Sales Channel Market Share Analysis

7.    Europe Popcorn Market Outlook

7.1.  Market Size & Forecast      

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Market Share Analysis

7.2.2.    By Sales Channel Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        France Popcorn Market Outlook

7.2.3.1.1.           Market Size & Forecast

7.2.3.1.1.1.               By Value

7.2.3.1.2.           Market Share & Forecast

7.2.3.1.2.1.               By Product Market Share Analysis

7.2.3.1.2.2.               By Sales Channel Market Share Analysis

7.2.3.2.        United Kingdom Popcorn Market Outlook

7.2.3.2.1.           Market Size & Forecast

7.2.3.2.1.1.               By Value

7.2.3.2.2.           Market Share & Forecast

7.2.3.2.2.1.               By Product Market Share Analysis

7.2.3.2.2.2.               By Sales Channel Market Share Analysis

7.2.3.3.        Italy Popcorn Market Outlook

7.2.3.3.1.           Market Size & Forecast

7.2.3.3.1.1.               By Value

7.2.3.3.2.           Market Share & Forecast

7.2.3.3.2.1.               By Product Market Share Analysis

7.2.3.3.2.2.               By Sales Channel Market Share Analysis

7.2.3.4.        Germany Popcorn Market Outlook

7.2.3.4.1.           Market Size & Forecast

7.2.3.4.1.1.               By Value

7.2.3.4.2.           Market Share & Forecast

7.2.3.4.2.1.               By Product Market Share Analysis

7.2.3.4.2.2.               By Sales Channel Market Share Analysis

7.2.3.5.        Spain Popcorn Market Outlook

7.2.3.5.1.           Market Size & Forecast

7.2.3.5.1.1.               By Value

7.2.3.5.2.           Market Share & Forecast

7.2.3.5.2.1.               By Product Market Share Analysis

7.2.3.5.2.2.               By Sales Channel Market Share Analysis

8.    Asia-Pacific Popcorn Market Outlook

8.1.  Market Size & Forecast      

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Market Share Analysis

8.2.2.    By Sales Channel Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        China Popcorn Market Outlook

8.2.3.1.1.           Market Size & Forecast

8.2.3.1.1.1.               By Value

8.2.3.1.2.           Market Share & Forecast

8.2.3.1.2.1.               By Product Market Share Analysis

8.2.3.1.2.2.               By Sales Channel Market Share Analysis

8.2.3.2.        India Popcorn Market Outlook

8.2.3.2.1.           Market Size & Forecast

8.2.3.2.1.1.               By Value

8.2.3.2.2.           Market Share & Forecast

8.2.3.2.2.1.               By Product Market Share Analysis

8.2.3.2.2.2.               By Sales Channel Market Share Analysis

8.2.3.3.        Japan Popcorn Market Outlook

8.2.3.3.1.           Market Size & Forecast

8.2.3.3.1.1.               By Value

8.2.3.3.2.           Market Share & Forecast

8.2.3.3.2.1.               By Product Market Share Analysis

8.2.3.3.2.2.               By Sales Channel Market Share Analysis

8.2.3.4.        Australia Popcorn Market Outlook

8.2.3.4.1.           Market Size & Forecast

8.2.3.4.1.1.               By Value

8.2.3.4.2.           Market Share & Forecast

8.2.3.4.2.1.               By Product Market Share Analysis

8.2.3.4.2.2.               By Sales Channel Market Share Analysis

8.2.3.5.        South Korea Popcorn Market Outlook

8.2.3.5.1.           Market Size & Forecast

8.2.3.5.1.1.               By Value

8.2.3.5.2.           Market Share & Forecast

8.2.3.5.2.1.               By Product Market Share Analysis

8.2.3.5.2.2.               By Sales Channel Market Share Analysis

8.2.3.6.        Indonesia Popcorn Market Outlook

8.2.3.6.1.           Market Size & Forecast

8.2.3.6.1.1.               By Value

8.2.3.6.2.           Market Share & Forecast

8.2.3.6.2.1.               By Product Market Share Analysis

8.2.3.6.2.2.               By Sales Channel Market Share Analysis

9.    Middle East & Africa Popcorn Market Outlook

9.1.  Market Size & Forecast      

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Market Share Analysis

9.2.2.    By Sales Channel Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        South Africa Popcorn Market Outlook

9.2.3.1.1.           Market Size & Forecast

9.2.3.1.1.1.               By Value

9.2.3.1.2.           Market Share & Forecast

9.2.3.1.2.1.               By Product Market Share Analysis

9.2.3.1.2.2.               By Sales Channel Market Share Analysis

9.2.3.2.        Saudi Arabia Popcorn Market Outlook

9.2.3.2.1.           Market Size & Forecast

9.2.3.2.1.1.               By Value

9.2.3.2.2.           Market Share & Forecast

9.2.3.2.2.1.               By Product Market Share Analysis

9.2.3.2.2.2.               By Sales Channel Market Share Analysis

9.2.3.3.        UAE Popcorn Market Outlook

9.2.3.3.1.           Market Size & Forecast

9.2.3.3.1.1.               By Value

9.2.3.3.2.           Market Share & Forecast

9.2.3.3.2.1.               By Product Market Share Analysis

9.2.3.3.2.2.               By Sales Channel Market Share Analysis

9.2.3.4.        Turkey Popcorn Market Outlook

9.2.3.4.1.           Market Size & Forecast

9.2.3.4.1.1.               By Value

9.2.3.4.2.           Market Share & Forecast

9.2.3.4.2.1.               By Product Market Share Analysis

9.2.3.4.2.2.               By Sales Channel Market Share Analysis

10. South America Popcorn Market Outlook

10.1.            Market Size & Forecast        

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Product Market Share Analysis

10.2.2. By Sales Channel Market Share Analysis

10.2.3. By Country Market Share Analysis

10.2.3.1.     Argentina Popcorn Market Outlook

10.2.3.1.1.         Market Size & Forecast

10.2.3.1.1.1.            By Value

10.2.3.1.2.         Market Share & Forecast

10.2.3.1.2.1.            By Product Market Share Analysis

10.2.3.1.2.2.            By Sales Channel Market Share Analysis

10.2.3.2.     Colombia Popcorn Market Outlook

10.2.3.2.1.         Market Size & Forecast

10.2.3.2.1.1.            By Value

10.2.3.2.2.         Market Share & Forecast

10.2.3.2.2.1.            By Product Market Share Analysis

10.2.3.2.2.2.            By Sales Channel Market Share Analysis

10.2.3.3.     Brazil Popcorn Market Outlook

10.2.3.3.1.         Market Size & Forecast

10.2.3.3.1.1.            By Value

10.2.3.3.2.         Market Share & Forecast

10.2.3.3.2.1.            By Product Market Share Analysis

10.2.3.3.2.2.            By Sales Channel Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Impact of COVID-19 on Global Popcorn Market

12.1.            Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. Campbell Soup Company

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. PepsiCo Inc.

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Conagra Brands, Inc.

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Weaver Popcorn Bulk, LLC

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Quinn Foods LLC

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. The Hershey Company

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. The Eagle Family Foods Group LLC

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Catapult Enterprises Ltd (PROPER)

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. American Pop Corn Company (JOLLY TIME)

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.  Intersnack Group GmbH & Co. KG.

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.            Key Focus Areas

15.2.            Target Product

15.3.            Target Sales Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Popcorn Market was estimated to be USD 7.89 billion in 2023.

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The major drivers for the global popcorn market include the increasing consumer preference for healthier snacks, a rising snacking culture and on-the-go lifestyles, globalization and market expansion in emerging economies, and continuous innovation in flavors, packaging, and product formats.

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Major trends in the global popcorn market include a focus on health and wellness, flavor innovation with exotic varieties, a shift towards sustainable and eco-friendly packaging, and the rising demand for snacking convenience with on-the-go packaging solutions.

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Major challenges for the global popcorn market include fluctuating raw material prices, environmental concerns and the need for sustainable packaging, intense competition and the struggle for brand differentiation, and compliance with regulatory standards and labeling requirements across diverse markets.

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Parvati Sharma

Account Manager BD
Press Release

Popcorn Market to Grow with a CAGR of 11.16% Globally through 2029

Apr, 2024

The global popcorn market is growing rapidly, driven by the growing popularity of movie theaters and home entertainment and are key market trends