Press release
Increasing Popularity Of Snacks And Caramel Candies Fuels Popcorn Market: A Significant Driver Propelling The Popcorn Market In 2025
Popcorn
What Is the Expected Popcorn Market Size During the Forecast Period?
In the past few years, the popcorn market has seen significant expansion. It is predicted to increase from $30.6 billion in 2024 to $33.31 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.8%. Factors contributing to this growth in the historic period include the popularity of snacking, health awareness, innovative flavors, convenience, portability, and the impact of the movie industry.
The size of the popcorn market is projected to experience significant expansion in the forthcoming years, reaching a valuation of $46.18 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 8.5%. There are multiple reasons why such growth is expected during this forecast period, including the popularization of healthy snacks, developments in sustainable packaging, diversification in flavors, a surge in e-commerce, and international market expansion. Key trends projected for this period encompass popcorn varieties that are plant-based and non-GMO, the integration of global fusion flavors, a rise in online and direct-to-consumer sales, enhancements to the snacking experience, and cooperative initiatives alongside limited edition releases.
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What Are the Major Segments in the Popcorn Market?
The popcorn market covered in this report is segmented -
1) By Type: Microwave Popcorn, Ready To Eat Popcorn
2) By Distribution Channel: Hyper markets Or Super markets, Convenience Stores, Online Retail Stores, Other Distribution Channels
3) By End-User: Household, Commercial
Subsegments:
1) By Microwave Popcorn: Buttered Microwave Popcorn, Flavored Microwave Popcorn, Light Or Healthy Microwave Popcorn
2) By Ready To Eat Popcorn: Flavored Ready To Eat Popcorn, Organic Ready To Eat Popcorn, Specialty Ready To Eat Popcorn
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What Are The Driving Popcorn Market Evolution?
The increasing preference for snacks and caramel candies is set to fuel the expansion of the popcorn industry in the near future. Snacks are typically smaller portions of food consumed between meals and are less substantial than regular meals. Snacks with a variety of flavors are appealing to consumers and popcorn serves as a common ingredient for both sweet and salty snacks. It is also a favored component in caramel candies and other sweet treats. For instance, as reported by the National Confectioners Association in November 2022, an organization based in the US focusing on the unique benefits of chocolates, candies, gum, and mints to a happy and balanced life, the total snack revenue observed a rise of 11.4% in IRI's multi-outlet plus convenience outlet universe during the initial nine months of 2022. Hence, the soaring preference for snacks and caramel candies is boosting the popcorn industry.
Which Firms Dominate The Popcorn Market Segments?
Major companies operating in the 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, Premier Foods Plc., Greencore Group plc, Garrett Popcorn Shops, American Pop Corn Company, Campbell Soup Company, Jolly Time, Joe and Seph, Aramidth International, Newman's Own, Angie's Artisan Treats LLC, KP Snacks Ltd., Popcorn Indiana, Popcornopolis, PopCorners, LesserEvil, Pop Zero, Pop Art Snacks, Pipcorn, SkinnyPop, Poppy Handcrafted Popcorn
What Trends Are Expected to Dominate the Popcorn Market in the Next 5 Years?
In the popcorn market, the trend of introducing innovative products is increasingly seen. Major firms engaged in the realm of popcorn concentrate on unveiling new products to strengthen their presence in the market. This has led to the rise of new flavors, prompting manufacturers to turn their focus towards broadening their product innovations. For instance, 4700BC, a food and beverage company from India, rolled out a creative gourmet popcorn line in association with Netflix in October 2023. This range, specially designed to elevate the snacking pleasure for movie enthusiasts, includes intriguing unique flavors. The selection features 4700BC x Netflix Jumbo Sweet & Salty Popcorn and 4700BC x Netflix Cheese & Caramel Gourmet Popcorn. All these flavors fuse gourmet constituents to strike a balance in taste that fulfills various taste buds. Crafted with high-grade ingredients, these popcorn varieties guarantee a superior snacking experience.
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Which Is The Largest Region In The Popcorn Market?
North America was the largest region in the popcorn market in 2024. The regions covered in the popcorn market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Popcorn Market?
2. What is the CAGR expected in the Popcorn Market?
3. What Are the Key Innovations Transforming the Popcorn Industry?
4. Which Region Is Leading the Popcorn Market?
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