Popcorn Market Size Worth $17.46 Billion By 2032 | CAGR: 11.0%

The global popcorn market size is expected to reach USD 17.46 billion by 2032, according to a new study by Polaris Market Research. The report "Popcorn Market Share, Size, Trends, Industry Analysis Report, By Type (Microwave, and Ready To Eat); By Shape, By End-User; By Region; Segment Forecast, 2023-2032" gives a detailed insight into the current market dynamics and provides analysis on future market growth.

One of the key trends that will take hold in the popcorn business over the next few years is the accessibility of organic & high-end gourmet popcorn variants. Consumers are choosing fresh and organic food to get enough nutrients due to their unhealthy and sedentary lives. The urge to buy fresh and healthy foods will help the market grow and raise knowledge of the health benefits of eating popcorn. In line with this, recently in December 2022, popular grocery brand, Popcornopolis partnered with Takis to introduce “Popcornopolis Takis Fuego”. Previously, in July 2022, PVR introduced “Pop Magic popcorn” to its dedicated clientele at its cinema hall settings in 4 different flavors.

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In July 2021, Scottie Pippen started a vegan popcorn business. In collaboration with NBA Hall of Famer Scottie Pippen, the vegan popcorn firm HUSK has just begun operations. With superfood ingredients, including ginger, cayenne, kale, broccoli, turmeric, spirulina, and matcha, HUSK popcorn is organic, GMO-free, and vegan.

Popcorn Market Report Highlights

• The ready-to-eat sub-segment by component is anticipated to grow at a significant CAGR. This is primarily due to the availability of ready-to-eat popcorn, people are becoming more accustomed to convenience and significant investments by the players in advertisements
• The commercial segment is expected to rise at a considerable CAGR due to a surge in the entertainment industry and a rise in the demand for popcorn in commercial settings like movie theatres.
• North America is expected to experience significant global market growth over the forecast period. Due to the growth in demand for ready-to-eat and portable popcorn in the United States and the high demand for popcorn from homes and businesses. Due to the rising demand for popcorn in movie theatres, homes, and other commercial settings.
• Key players include Quinn Foods, Snyder's-Lance, Hershey Company, PepsiCo, Eagle Family Foods, Propercorn, Hain Celestial, McCain Foods, Premier Foods, 2 Sisters Food, Greencore Group, Snyder's-Lance, and Conagra Brands.

Polaris Market Research has segmented the Popcorn market report based on type, shape, end-user, and region:

Popcorn Market, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Microwave
• Ready To Eat

Popcorn Market, Shape Outlook (Revenue - USD Billion, 2019 - 2032)

• Butterfly
• Mushroom

Popcorn Market, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Household
• Commercial

Popcorn Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa