According to IMARC Group latest report titled “Popcorn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Popcorn market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global popcorn market reached a value of US$ 11.63 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 17.6 Billion by 2027 exhibiting a CAGR of 6.70% during 2022-2027.

Popcorn is a popular snack with low calorie and high fiber content. It is produced from the exposed kernel of corn or maize by adding butter, salt, and other ingredients. It is a well-liked snack that satiates the consumers while being light on calories. Popcorn is consumed due to the associated health benefits such as a low risk of diabetes, heart disease, hypertension, and improved weight management. It is also a rich source of antioxidants, folate, niacin, riboflavin, thiamin, and vitamins. Besides this, popcorn consumption is also known to aid metabolism, control blood sugar levels, and support healthy bone function.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Popcorn 1

Market Trends:

The market is primarily driven by the changing dietary preferences of individuals. Popcorn is included under the category of healthy foods as it is made of corn and needs less time to cook. In addition, there has been a high demand for convenience and ready-to-eat (RTE) food solutions like popcorn. This can be attributed to rapid urbanization and hectic lifestyles. Moreover, popcorn is increasingly consumed at commercial spaces, stadiums, as well as multiplex theatres. Besides this, the rising awareness regarding healthy eating habits is also shifting consumer preference toward popcorn. In addition to this, manufacturers have launched new flavors, including rosemary, olive oil, sea salt, caramel, white and chipotle aged cheddar, thus creating a positive market outlook. Furthermore, inflating disposable income levels, along with effective marketing strategies, are also significantly impacting the market growth.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some 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.
  • Weaver Popcorn Bulk LLC

Popcorn Market Segmentation:

Our report has categorized the market based on region, 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)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Tags: Global Popcorn Market Report, Popcorn Market Share, Popcorn Market, Popcorn market size

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