Global Popcorn Market

Popcorn Market Size, Share, Growth Analysis, By Type (Ready-To-Eat Popcorn, Microwave Popcorn), By Distribution Channel, By End User, By Region - Industry Forecast 2025-2032


Report ID: SQMIG30H2123 | Region: Global | Published Date: December, 2024
Pages: 198 | Tables: 61 | Figures: 75

Popcorn Market Insights

Popcorn Market size was valued at USD 6.43 Billion in 2023 and is poised to grow from USD 7.15 Billion in 2024 to USD 16.71 Billion by 2032, growing at a CAGR of 11.20% during the forecast period (2025-2032).

The global consumer trend towards health and well-being is crucial to the global popcorn market's expansion. Global consumer behavior trends for food and drink items as snacks are another factor driving the market. The coronavirus outbreak impacted the world's popcorn supply chain and distribution system, which led to the closure and regulation of convenience stores and super/hypermarkets. A substantial change in consumer purchasing priorities was brought on by the COVID-19 epidemic.

Once considered "niche" interests, the rise in consumer concerns about personal health and sustainable development are now top priority, especially when it comes to food purchases. Plant-based proteins are more sought-after than ever, and demand for wholesome, practical, and sustainably produced food is rising. The pandemic resulted in a huge change in consumer expectations, and thus, people are making personal purchasing decisions based on sustainability and are trying to make more health-conscious purchases. Furthermore, the market is being driven by consumer demand for flavor-infused popcorn.

The food and beverage industry is being considerably impacted by the rising demand for ready-to-eat snacks worldwide. The majority of the market's products are ready-to-eat (RTE). The rising demand for gourmet flavored RTE popcorn is attributed to an expanded selection of mouth watering new flavors, consistent product development, and innovation. For instance, PepsiCo, Inc. notes the growing popularity of the sea salt flavour.is leveraging this trend with their Smartfood Delight Sea Salt Popcorn. Companies in the RTE popcorn sector are working to gain market share by offering appealing product packaging, a wide range of products, and online product promotion.

Popcorn is now available to customers all around the world thanks to e-commerce or internet retail. Major market players are constructing e-commerce websites quickly due to rising internet usage and consumer demand for shopping apps. Online businesses offer special rewards to people who join their online community in addition to discounts and one-of-a-kind bargains. Because more people stayed at home during the COVID-19 pandemic, there was an increase in the demand for microwave popcorn. Another significant reason fueling the demand for the product is the need for microwaveable popcorn, which has increased as more homes have microwaves.

US Popcorn Market is poised to grow at a sustainable CAGR for the next forecast year.

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Popcorn Market size was valued at USD 6.43 Billion in 2023 and is poised to grow from USD 7.15 Billion in 2024 to USD 16.71 Billion by 2032, growing at a CAGR of 11.20% during the forecast period (2025-2032).

To strengthen their positions in the market and increase their share, industry players often employ new product launches, innovations, geographic expansions, and mergers and acquisitions. For instance, Opopop debuted new Dill Pickle-flavored popcorn kernels in June 2022 in preparation for summer 2022. The limited-edition Opopop Pickle Monster flavor is distinct and powerful, with the right amount of dill, spice and saltiness. Popcorn Indiana unveiled four improved and new popcorn flavors in July 2020. Kettle corn, black and white drizzle corn, movie theater butter and aged white cheddar are a few of the modified variants. 'Campbell Soup Company ', 'PepsiCo Inc. ', 'Conagra Brands, Inc. ', 'Weaver Popcorn, Inc. ', 'Quinn Foods LLC ', 'The Hershey Company ', 'Eagle Family Foods Group LLC ', 'PROPER Snacks ', 'Jolly time ', 'Intersnack Group GmbH & Co. KG. ', 'Conagra Brands ', 'Weaver Popcorn Company ', 'American Popcorn Company ', 'The Hershey Company ', 'PepsiCo, Inc. ', 'B&G Foods, Inc. ', 'Frito-Lay, Inc. ', 'GH Cretors Popped Corn ', 'Hain Celestial Group ', 'Jolly Time Pop Corn'

Popcorn is considered a healthy snack option as it is low in calories and fat compared to other snacks like chips and cookies. With the growing health consciousness among consumers, the demand for popcorn is increasing.

Increasing demand for flavored popcorn: Flavored popcorn, such as caramel, cheese, and chocolate-covered popcorn, is gaining popularity among consumers. Popcorn manufacturers are introducing new and innovative flavors to cater to this demand.

North America accounted for the second-largest share of more than 24.55% of the overall sales in 2022 as a result of a rising demand for salty snacks in the region. The demand for popcorn in the area has increased as healthy eating gains popularity. Popcorn add-ons like candy or dried cranberries are becoming increasingly popular, as are new flavors and healthier snack options.

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Global Popcorn Market

Report ID: SQMIG30H2123

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