Popcorn is a type of snack made from maize or corn kernel. It is prepared by heating corn kernels with vegetable oil or butter in a pot, stove, kettle, or microwave. Owing to its high nutrition content, popcorn is consumed as a snack food all over the world in two forms-ready-to-eat (RTE), and microwave popcorn. These are consumed as the most favorite snack at homes as well as at movie theatres, sports events, fairs, and others public places.
Market trend Snapshot
Global Popcorn market was valued at 10,790 million USD in 2019 and expected to reach 18,373 million USD by 2026, growing at a CAGR of 7.9%. This report provides comprehensive and in-depth analysis and prediction of the Popcorn industry.
The Popcorn market growth is primely attributed to the busy and hectic lifestyle and increasing disposable income. The busy and hectic lifestyle has motivated individuals to adopt convenient solutions, such as instant and ready-to-eat convenient food over traditional meals. In addition, growing awareness related to health among individuals has changed their eating habits drastically, enforcing them to have healthy food, which is expected to stimulate the Popcorn market growth.
From Base year 2018 to forecast year 2026
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Key Market Players Profile
Various market pacemakers covered in the report are 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, and Quinn. The report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies, which will help companies create strategies to take advantages of the emerging opportunities in the future. Production and consumption are estimated to continue developing with a stable growth rate during the forecast period. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
North America was the largest market in the global Popcorn market
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
North America was the largest market with a share of 33.25% and expected to witness significant growth during the forecast period. Higher corn production in the states of Indiana, Iowa, Nebraska, and Illinois in the U.S. drive the market growth in the region. Availability of raw materials, high disposable income, and popularity of eating popcorn as snacks in theaters, sports events, and public places are the major factors that propel the growth of the popcorn market in North America. Europe is currently leading the Asia Pacific with a share of 32.64% and 28.63%.
Popcorn Type and Application Sketch
By type
Ready-to-eat popcorn segment accounted for the highest market share and is anticipated to dominate the market during the forecast period. This is mainly attributed to a busy and fast-paced lifestyle, people are becoming more health conscious and thus demand a healthy diet. Furthermore, increasing disposable income is another important driving factor. Growth in a number of commercial places such as movie theatres, multiplexes, and stadiums in the developed as well as the developing regions also propelling the market growth.
By application
Household segment accounted for the highest market share in 2018. Factors such as growth in health consciousness and change in eating habits motivate consumers to opt for healthy convenience snack food. Being a good source of dietary fiber and many other nutrients such as phosphorous, proteins, vitamin B complex, popcorn is becoming a better choice for snack and breakfast. In addition, health benefits associated with it such as improving digestive system, supporting healthy bone function, and others have raised the demand for popcorn in the household. Commercial segment is anticipated to witness the fastest growth during the predicted year owing to a growing number of commercial places such as movie theatres, multiplexes, and stadiums in the developed as well as the developing regions.
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Popcorn Report provides
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Popcorn Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Popcorn Market by Types
4 Segmentation of Popcorn Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Popcorn Market in Major Countries
7 North America Popcorn Landscape Analysis
8 Europe Popcorn Landscape Analysis
9 Asia Pacific Popcorn Landscape Analysis
10 Latin America, Middle East & Africa Popcorn Landscape Analysis
11 Major Players Profile
11.1 ConAgra
11.1.1 ConAgra Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Weaver Popcorn
11.3 PepsiCo
11.4 Amplify
11.5 Snyder’s-Lance
11.6 Butterkist
11.7 American Popcorn
11.8 Angie’s Artisan Treats
11.9 Borges
11.10 Chamerfood
11.11 Garrett Popcorn Shops
11.12 Newman’s Own
11.13 Aramidth International
11.14 Joe and Seph
11.15 Mage’s
11.16 Inter-Grain
11.17 Quinn
…
Target Audience:
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