Press release
Popcorn Market Boom: Positive CAGR, Snack Culture and Flavor Innovation Steering Growth
Popcorn Market Share
The popcorn market is showing tremendous growth due to health-conscious consumers, snack culture, and unique flavor proposition. The industry is expected to expand with robust CAGR in the coming years.
What Is The Projected Market Size Of The Global Popcorn Market And Its Growth Rate?
The positive growth trajectory of the global popcorn market is projected as follows:
- The market grew from $30.6 billion in 2024 to $33.31 billion in 2025, marking a CAGR of 8.8%.
- The impetus factors in this period were snack culture, convenience, health consciousness, flavor diversity, portability, and the influence of the movie industry.
- Looking forward, the market is anticipated to rise to $46.18 billion in 2029, extending the CAGR at 8.5%.
- The key growth drivers for this period are healthy snacking trends, sustainable packaging, flavor diversification, e-commerce expansion, and global market expansion.
- Major trends in the forecast period include plant-based and non-GMO popcorn, global fusion flavors, online and direct-to-consumer sales, snacking experience enhancements, collaborations, and limited-edition releases.
What Is Driving The Growth In The Popcorn Market?
The increasing popularity of snacks and caramel candies are primarily driving the growth of the popcorn market. As snacks continue to gain favor among consumers, due to their convenience and lighter serving size, the demand for popcorn is surging. The rising snack sales and the application of popcorn in a variety of confectioneries are significantly contributing to the market growth. For instance, in the first three-quarters of 2022, the overall snack revenues observed an uptick of 11.4%, according to the National Confectioners Association.
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Who Are the Key Players Driving Popcorn Market Growth?
The pivot players of the global popcorn market include:
- Conagra Brands Inc.
- PepsiCo Inc.
- The Hershey Company
- Quinn's Foods
- Weaver Popcorn Bulk LLC
- The Hain Celestial Group Inc.
- Intersnack Group GmbH & Co. KG
- Eagle Family Foods Group LLC
- Proper Snacks Ltd.
- Amplify Snack Brands
and several others.
What Are The Key Trends In The Popcorn Market?
The crucial trends defining the popcorn market include:
- Propensity towards plant-based and non-GMO popcorn choices.
- Emergence of global fusion flavors.
- Importance of online and direct-to-consumer sales.
- Enhancements in snacking experiences.
- Collaborations and limited-edition releases.
What Are The Segments Of The Global Popcorn Market?
The global popcorn market can be segmented into:
- Type: Microwave Popcorn, Ready To Eat Popcorn
- Distribution Channel: Hypermarkets or Supermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels
- End-User: Household, Commercial
Which Region Leads The Popcorn Market?
North America was the largest region in the popcorn market in 2024. Alongside North America, the other regions covered in the globe for the popcorn market are Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Popcorn Market Global Market Report?
- Market Size Analysis: Analyze the Popcorn Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Popcorn Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Popcorn Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Popcorn Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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