Product Code: r7150
“Popcorn Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on popcorn market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for popcorn? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The popcorn market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Type: Microwave Popcorn; Ready To Eat Popcorn
- 2) By Distribution Channel: Hypermarkets Or Supermarkets; Convenience Stores; Online Retail Stores; Other Distribution Channels
- 3) By End-User: Household; Commercial
- Companies Mentioned: Conagra Brands Inc.; Pepsico Inc.; The Hershey Company; Quinn's Foods; Weaver Popcorn Bulk LLC
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the popcorn market are Conagra Brands Inc., Pepsico Inc., The Hershey Company, Quinn's Foods, Weaver Popcorn Bulk LLC, The Hain Celestial Group Inc., Snyder's-Lance Inc., Intersnack Group GmbH & Co. KG, Eagle Family Foods Group LLC, Proper Snacks, Amplify Snack Brands, Premier Foods Plc., Greencore Group Plc., Garrett Popcorn Shops, and American Pop Corn Company.
The global popcorn market is expected to grow from $11.62 billion in 2022 to $12.60 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The popcorn market is expected to reach $16.64 billion in 2027 at a CAGR of 7.2%.
The popcorn market consists of sales of popcorn kernels and butterfly popcorn. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Popcorn is a type of corn that puffs up and expands when heated. It is a popular snack food that is typically consumed while watching movies, at carnivals, and homes. It can be eaten plain or with various seasonings and toppings.
North America was the largest region in the popcorn market in 2022. The regions covered in popcorn report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of popcorn are microwave popcorn and ready to eat popcorn. Microwave Pre-packaged popcorn is designed to be cooked in a microwave oven, offering convenience and quick preparation. These are distributed through various distribution channels such as hypermarkets or supermarkets, convenience stores, online retail stores, and other distribution channels, to be used by households and commercials.
The rise in the popularity of snacks and caramel candies is expected to propel the growth of the popcorn market in the coming future. A snack is a smaller food serving that is often eaten between meals and is lighter than a meal. Snacks that are available in different flavors attract customers, and popcorn is often used as a base for sweet and savory snacks, and it is a popular ingredient in caramel candies and other confections. For instance, in November 2022, according to the National Confectioners Association, a US-based trade association that emphasizes the special contribution that chocolate, candies, gum, and mints make to a contented and balanced existence, overall snack revenues climbed by 11.4% in IRI's multi-outlet plus convenience outlet universe in the first nine months of 2022. The revenues totalled $44.9 billion, increasing 26% over the pre-pandemic level in 2019. Therefore, the rise in the popularity of snacks and caramel candies is driving the popcorn market.
Product innovations are a popular trend in the popcorn market. Major companies operating in the popcorn segment focus on product innovation to reinforce their position in the market. It has helped to popularise the introduction of new flavours, which encourages producers to focus on expanding their product developments. For instance, in July 2021, Frit Ravich, a Spain-based snack company, created a new flavour of Chupa Chups popcorn with a watermelon taste. It has unique crunchiness and lightness mixed with one of the summer's most popular flavours. Chupa Chups is a brand of lollipop that comes in a variety of flavors.
In September 2021, Grupo Bimbo, S.A.B. de C.V., a Mexico-based food company, acquired Popcornopolis for an undisclosed amount. This acquisition allowed Grupo Bimbo to enter the popcorn category and increase its product offerings in a different snack food market segment. Popcornopolis is a US-based food production company specializing in gourmet popcorn.
The countries covered in the popcorn market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The popcorn market research report is one of a series of new reports from The Business Research Company that provides popcorn market statistics, including popcorn industry global market size, regional shares, competitors with a popcorn market share, detailed popcorn market segments, market trends, and opportunities, and any further data you may need to thrive in the popcorn industry. This popcorn market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Popcorn Market Characteristics
3. Popcorn Market Trends And Strategies
4. Popcorn Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Popcorn Market
- 4.2. Ukraine-Russia War Impact On Popcorn Market
- 4.3. Impact Of High Inflation On Popcorn Market
5. Popcorn Market Size And Growth
- 5.1. Global Popcorn Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Popcorn Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Popcorn Market Segmentation
- 6.1. Global Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Microwave Popcorn
- Ready To Eat Popcorn
- 6.2. Global Popcorn Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hypermarkets Or Supermarkets
- Convenience Stores
- Online Retail Stores
- Other Distribution Channels
- 6.3. Global Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Household
- Commercial
7. Popcorn Market Regional And Country Analysis
- 7.1. Global Popcorn Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Popcorn Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Popcorn Market
- 8.1. Asia-Pacific Popcorn Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Popcorn Market
- 9.1. China Popcorn Market Overview
- 9.2. China Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Popcorn Market
- 10.1. India Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Popcorn Market
- 11.1. Japan Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Popcorn Market
- 12.1. Australia Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Popcorn Market
- 13.1. Indonesia Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Popcorn Market
- 14.1. South Korea Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Popcorn Market
- 15.1. Western Europe Popcorn Market Overview
- 15.2. Western Europe Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Popcorn Market
- 16.1. UK Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Popcorn Market
- 17.1. Germany Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Popcorn Market
- 18.1. France Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Popcorn Market
- 19.1. Eastern Europe Popcorn Market Overview
- 19.2. Eastern Europe Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Popcorn Market
- 20.1. Russia Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Popcorn Market
- 21.1. North America Popcorn Market Overview
- 21.2. North America Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Popcorn Market
- 22.1. USA Popcorn Market Overview
- 22.2. USA Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Popcorn Market
- 23.1. South America Popcorn Market Overview
- 23.2. South America Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Popcorn Market
- 24.1. Brazil Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Popcorn Market
- 25.1. Middle East Popcorn Market Overview
- 25.2. Middle East Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Popcorn Market
- 26.1. Africa Popcorn Market Overview
- 26.2. Africa Popcorn Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Popcorn Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Popcorn Market Competitive Landscape And Company Profiles
- 27.1. Popcorn Market Competitive Landscape
- 27.2. Popcorn Market Company Profiles
- 27.2.1. Conagra Brands Inc.
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Pepsico Inc.
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. The Hershey Company
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Quinn's Foods
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Weaver Popcorn Bulk LLC
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Popcorn Market
29. Popcorn Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer