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According to our LPI (LP Information) latest study, the global Popcorn market size was valued at US$ 4246.9 million in 2023. With growing demand in downstream market, the Popcorn is forecast to a readjusted size of US$ 6797.4 million by 2030 with a CAGR of 7.0% during review period.
The research report highlights the growth potential of the global Popcorn market. Popcorn are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Popcorn. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Popcorn market.
Popcorn is a type of corn that expands from the kernel and puffs up when heated. Popcorn is able to pop like amaranth grain, sorghum, quinoa, and millet. When heated, pressure builds within the kernel, and a small explosion (or "pop") is the end result. Some strains of corn are now cultivated specifically as popping corns.
There are various techniques for popping corn. Along with prepackaged popcorn, which is generally intended to be prepared in a microwave oven, there are small home appliances for popping corn. These methods require the use of minimally processed popping corn.
A larger-scale, commercial popcorn machine was invented by Charles Cretors in the late 19th century.
Unpopped popcorn is considered nonperishable and will last indefinitely if stored in ideal conditions.
Depending on how it is prepared and cooked, some consider popcorn to be a health food, while others caution against it for a variety of reasons. Popcorn can also have non-food applications, ranging from holiday decorations to packaging materials.
ConAgra, Weaver Popcorn, PepsiCo, Amplify and Snyder's-Lance are the leaders of the Popcorn industry, which take about 40% market share. USA is the major region of the global market, which takes about 50% market share.
Key Features:
The report on Popcorn market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Popcorn market. It may include historical data, market Segmentation by Type (e.g., Ready-to-eat popcorn, Microwave popcorn), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Popcorn market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Popcorn market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Popcorn industry. This include advancements in Popcorn technology, Popcorn new entrants, Popcorn new investment, and other innovations that are shaping the future of Popcorn.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Popcorn market. It includes factors influencing customer ' purchasing decisions, preferences for Popcorn product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Popcorn market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Popcorn market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Popcorn market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Popcorn industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Popcorn market.
Market Segmentation:
Popcorn market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Ready-to-eat popcorn
- Microwave popcorn
Segmentation by application
- Household
- Commercial
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- ConAgra
- Weaver Popcorn
- PepsiCo
- Amplify
- Snyder's-Lance
- Butterkist
- American Popcorn
- Angie's Artisan Treats
- Borges
- Chamerfood
- Garrett Popcorn Shops
- Newman's Own
- Aramidth International
- Joe and Seph
- Mage's
- Inter-Grain
- Quinn
Key Questions Addressed in this Report
What is the 10-year outlook for the global Popcorn market?
What factors are driving Popcorn market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Popcorn market opportunities vary by end market size?
How does Popcorn break out type, application?