Who are the key players in Global Popcorn Market?

Conagra Brands, Inc., Campbell Soup Company, PepsiCo Inc., Weaver Popcorn Bulk, LLC and The Hershey Company are the major companies operating in the Global Popcorn Market. Read More

Which is the fastest growing region in Global Popcorn Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Popcorn Market?

In 2024, the North America accounts for the largest market share in Global Popcorn Market. Read More

What years does this Global Popcorn Market cover, and what was the market size in 2023?

In 2023, the Global Popcorn Market size was estimated at USD 7.92 billion. The report covers the Global Popcorn Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Popcorn Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Global Popcorn Market Size

Market Size of Global Popcorn Industry

Study Period	2018 - 2029
Market Size (2024)	USD 8.80 Billion
Market Size (2029)	USD 14.89 Billion
CAGR (2024 - 2029)	11.10 %
Fastest Growing Market	Asia Pacific
Largest Market	North America
Market Concentration	Low
Major Players *Disclaimer: Major Players sorted in no particular order

Popcorn Market Analysis

The Global Popcorn Market size is estimated at USD 8.80 billion in 2024, and is expected to reach USD 14.89 billion by 2029, growing at a CAGR of 11.10% during the forecast period (2024-2029).

According to the nutritional information provided by The United States Popcorn Board, Popcorn's glycemic index (GI) is around 55. A serving of five popped cups has only 100 to 150 calories, no cholesterol, and nearly no fat (0.1 g per cup). Additionally, Popcorn contains several crucial vitamins for health, such as folate, niacin, riboflavin, thiamin, pantothenic acid, and vitamins B6, A, E, and K. About 8% of the recommended daily intake of iron is provided by a serving of Popcorn, while calcium, copper, magnesium, manganese, phosphorus, potassium, and zinc are at low levels.

The popcorn market has also seen the influence of the trends driving the more significant snacking industry. With the emergence of various flavors, consumer choices are shifting towards gourmet popcorn. Moreover, other movements, such as all-natural flavors and clean-label ingredients, are also impacting product launches by companies in the popcorn market. Popcorn is a whole grain that has never been processed and contains no added additives, hidden ingredients, or genetically modified organisms (GMOs). This sweet little kernel contains a hearty whole grain that is ideal for today's health-conscious consumer because it is naturally low in fat and calories, gluten-free, and non-GMO. Therefore, Popcorn has remained incredibly popular over time.

An increasing trend toward the fusion of snacks and caramel candies is being observed in the market. Companies are observed to be offering Popcorn coated with melted caramels in small packs, which are being advertised as sweet snacks. Due to the rising market trend of ingredient transparency and traceability, companies are now adhering to strict quality standards by including ingredients and packaging formats.

Popcorn Industry Segmentation

Popcorn is corn that expands from the kernel and puffs up when heated. The Global Popcorn Market is segmented by type into microwave popcorn and ready-to-eat (RTE) popcorn, by distribution channel into hypermarkets/supermarkets, convenience stores, online retail stores, and other distribution channels. The geographical segmentation includes North America, Europe, Asia Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done based on the value (in USD million).

Type
		Microwave Popcorn
		Ready-to-Eat (RTE) Popcorn

Distribution Channel
		Hypermarkets/Supermarkets
		Convenience Stores
		Online Retail Stores
		Other Distribution Channels

Geography

North America
	United States
	Canada
	Mexico
	Rest of North America

Europe
	United Kingdom
	Germany
	Spain
	France
	Italy
	Russia
	Rest of Europe

Asia-Pacific
	China
	Japan
	India
	Australia
	Rest of Asia-Pacific

South America
	Brazil
	Argentina
	Rest of South America

Middle East & Africa
	United Arab Emirates
	South Africa
	Rest of Middle East & Africa

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Global Popcorn Market Size Summary

The global popcorn market is experiencing significant growth, driven by evolving consumer preferences and health-conscious trends. As a whole grain snack, popcorn is naturally low in fat and calories, gluten-free, and non-GMO, making it an appealing choice for health-conscious consumers. The market is witnessing a shift towards gourmet popcorn, with an increasing demand for innovative flavors and clean-label ingredients. This trend is further fueled by the fusion of snacks and caramel candies, as well as the rising popularity of ready-to-eat popcorn, which offers convenience and variety. The Midwest region of the United States, known for its fertile soil and favorable climate, remains a key production area, contributing to the global supply of popcorn.

North America continues to be the largest market for popcorn, with a notable increase in consumption due to its health benefits and the convenience of microwave popcorn. The region's growth is supported by innovations in product offerings and the introduction of new flavors, catering to a diverse consumer base. The competitive landscape is marked by the presence of major players such as ConAgra Brands, Campbell Soup Company, and PepsiCo Inc., who are expanding their product lines to capture a larger market share. Additionally, research and development efforts, like those at the University of Nebraska, aim to enhance the nutritional value of popcorn, further driving market expansion.

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Global Popcorn Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Drivers
2. 1.2 Market Restraints
3. 1.3 Porter's Five Forces Analysis
  1. 1.3.1 Threat of New Entrants
  2. 1.3.2 Bargaining Power of Buyers/Consumers
  3. 1.3.3 Bargaining Power of Suppliers
  4. 1.3.4 Threat of Substitute Products
  5. 1.3.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 Type
  1. 2.1.1 Microwave Popcorn
  2. 2.1.2 Ready-to-Eat (RTE) Popcorn
2. 2.2 Distribution Channel
  1. 2.2.1 Hypermarkets/Supermarkets
  2. 2.2.2 Convenience Stores
  3. 2.2.3 Online Retail Stores
  4. 2.2.4 Other Distribution Channels
3. 2.3 Geography
  1. 2.3.1 North America
    1. 2.3.1.1 United States
    2. 2.3.1.2 Canada
    3. 2.3.1.3 Mexico
    4. 2.3.1.4 Rest of North America
  2. 2.3.2 Europe
    1. 2.3.2.1 United Kingdom
    2. 2.3.2.2 Germany
    3. 2.3.2.3 Spain
    4. 2.3.2.4 France
    5. 2.3.2.5 Italy
    6. 2.3.2.6 Russia
    7. 2.3.2.7 Rest of Europe
  3. 2.3.3 Asia-Pacific
    1. 2.3.3.1 China
    2. 2.3.3.2 Japan
    3. 2.3.3.3 India
    4. 2.3.3.4 Australia
    5. 2.3.3.5 Rest of Asia-Pacific
  4. 2.3.4 South America
    1. 2.3.4.1 Brazil
    2. 2.3.4.2 Argentina
    3. 2.3.4.3 Rest of South America
  5. 2.3.5 Middle East & Africa
    1. 2.3.5.1 United Arab Emirates
    2. 2.3.5.2 South Africa
    3. 2.3.5.3 Rest of Middle East & Africa