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Popcorn Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5989087

Popcorn Trends and Forecast

The future of the global popcorn market looks promising with opportunities in the household and commercial markets. The global popcorn market is expected to reach an estimated $10.29 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising number of theatres and multiplexes, increasing inclination towards consumer dietary patterns, and growing awareness about enhancing digestive health.

A more than 150-page report is developed to help in your business decisions.

Popcorn by Segment

The study includes a forecast for the global popcorn by type, shape, flavor, applications, and region.

Popcorn Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Ready-to-Eat
  • Microwave

Popcorn Market by Shape [Shipment Analysis by Value from 2018 to 2030]:

  • Mushroom
  • Butterfly

Popcorn Market by Flavor [Shipment Analysis by Value from 2018 to 2030]:

  • Sweet
  • Savory

Popcorn Market by Applications [Shipment Analysis by Value from 2018 to 2030]:

  • Household
  • Commercial
  • Others

Popcorn Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Popcorn Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies popcorn companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the popcorn companies profiled in this report include:
  • Hershey Company
  • Hain Celestial
  • Weaver Popcorn Company
  • Eagle Family Foods
  • Conagra Brands

Popcorn Market Insights

The publisher forecasts that ready-to-eat will remain larger segment over the forecast period as it is rich in fiber and contains phenolic acids.

Within this market, household will remain larger segment due to rising health consciousness leads to shifts in dietary preferences.

North America will remain the largest region over the forecast period due to growing demand for flavored popcorn and increasing preference for healthier eating habits among consumers.

Features of the Global Popcorn Market

  • Market Size Estimates: Popcorn market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Popcorn market size by various segments, such as by type, shape, flavor, applications, and region in terms of value ($B).
  • Regional Analysis: Popcorn market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, shapes, flavors, applications, and regions for the popcorn market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the popcorn market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the popcorn market size?
Answer: The global popcorn market is expected to reach an estimated $10.29 billion by 2030.

Q2. What is the growth forecast for popcorn market?
Answer: The global popcorn market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the popcorn market?
Answer: The major drivers for this market are rising number of theatres and multiplexes, increasing inclination towards consumer dietary patterns, and growing awareness about enhancing digestive health.

Q4. What are the major segments for popcorn market?
Answer: The future of the popcorn market looks promising with opportunities in the household and commercial markets.

Q5. Who are the key popcorn market companies?
Answer: Some of the key popcorn companies are as follows:
  • Hershey Company
  • Hain Celestial
  • Weaver Popcorn Company
  • Eagle Family Foods
  • Conagra Brands
Q6. Which popcorn market segment will be the largest in future?
Answer: The publisher forecasts that ready-to-eat will remain larger segment over the forecast period as it is rich in fiber and contains phenolic acids.

Q7. In popcorn market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing demand for flavored popcorn and increasing preference for healthier eating habits among consumers.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the popcorn market by type (ready-to-eat and microwave), shape (mushroom and butterfly), flavor (sweet and savory), applications (household, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Popcorn Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Popcorn Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Popcorn Market by Type
3.3.1: Ready-to-Eat
3.3.2: Microwave
3.4: Global Popcorn Market by Shape
3.4.1: Mushroom
3.4.2: Butterfly
3.5: Global Popcorn Market by Flavor
3.5.1: Sweet
3.5.2: Savory
3.6: Global Popcorn Market by Applications
3.6.1: Household
3.6.2: Commercial
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Popcorn Market by Region
4.2: North American Popcorn Market
4.2.1: North American Popcorn Market by Type: Ready-to-Eat and Microwave
4.2.2: North American Popcorn Market by Applications: Household, Commercial, and Others
4.3: European Popcorn Market
4.3.1: European Popcorn Market by Type: Ready-to-Eat and Microwave
4.3.2: European Popcorn Market by Applications: Household, Commercial, and Others
4.4: APAC Popcorn Market
4.4.1: APAC Popcorn Market by Type: Ready-to-Eat and Microwave
4.4.2: APAC Popcorn Market by Applications: Household, Commercial, and Others
4.5: ROW Popcorn Market
4.5.1: ROW Popcorn Market by Type: Ready-to-Eat and Microwave
4.5.2: ROW Popcorn Market by Applications: Household, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Popcorn Market by Type
6.1.2: Growth Opportunities for the Global Popcorn Market by Shape
6.1.3: Growth Opportunities for the Global Popcorn Market by Flavor
6.1.4: Growth Opportunities for the Global Popcorn Market by Applications
6.1.5: Growth Opportunities for the Global Popcorn Market by Region
6.2: Emerging Trends in the Global Popcorn Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Popcorn Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Popcorn Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Hershey Company
7.2: Hain Celestial
7.3: Weaver Popcorn Company
7.4: Eagle Family Foods
7.5: Conagra Brands

Companies Mentioned

  • Hershey Company
  • Hain Celestial
  • Weaver Popcorn Company
  • Eagle Family Foods
  • Conagra Brands

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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