PUBLISHER: Lucintel | PRODUCT CODE: 1523145
PUBLISHER: Lucintel | PRODUCT CODE: 1523145
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 $10.29 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising number of theatres and multiplexes, increasing inclination towards consumer dietary patterns, and growing awareness about enhancing digestive health.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Popcorn by Segment
The study includes a forecast for the global popcorn by type, shape, flavor, applications, and region.
List of Popcorn Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies popcorn companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the popcorn companies profiled in this report include-
Popcorn Market Insights
Lucintel forecasts that ready-to-eat will remain larger segment over the forecast period as it is rich in fiber and contains phenolic acids.
Within this market, household will remain larger segment due to rising health consciousness leads to shifts in dietary preferences.
North America will remain the largest region over the forecast period due to growing demand for flavored popcorn and increasing preference for healthier eating habits among consumers.
Features of the Global Popcorn Market
Market Size Estimates: Popcorn market size estimation in terms of value ($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:
Q6. Which popcorn market segment will be the largest in future?
Answer: Lucintel 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, Lucintel provides 10% customization without any additional cost.