Global Popcorn Market Overview
According to Global Market Monitor, the global popcorn market size will reach $7826.13 million in 2024 with a CAGR of 7.65% from 2024 to 2029.
Popcorn is a type of maize or corn kernel snack often served at movie theaters, carnivals, and other events. Popcorn can be made in various ways, including on the stove, in a microwave, or using a popcorn machine. It is often flavored with butter, salt, cheese, caramel, or other seasonings. Popcorn is a relatively healthy snack, low in calories and fat, and contains fiber and antioxidants.
Theaters Have Become one of the Important Sales Channels for Popcorn
Popcorn sales channels are more diversified, including traditional sales channels such as supermarkets, convenience stores, and e-commerce platforms, as well as specialized stores and innovative sales methods. With the steady development of the domestic film industry and the growth of the number and scale of cinemas, cinema lines have become one of the important sales channels for popcorn products in China. According to statistics, the popcorn sales share of cinema lines accounts for more than half of the market share.
According to the American Popcorn Council, American consumers eat about 14 billion quarts of fresh popcorn each year, 70 percent of which comes from home consumption. Growing food and beverage spending, greater awareness of healthy foods, changes in dietary patterns and ingrained eating habits, and the desire to try new flavors are driving the market, which is further boosted by major players offering healthy ready-to-eat popcorn packs with different flavors. In addition, the demand for popcorn is also increasing as young people enjoy the various flavors of snacks on the market.
By Type |
Ready-to-eat Popcorn |
Microwave Popcorn |
|
The ready-to-eat popcorn segment occupies the largest share. |
|
By Application |
Household |
Commercial |
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The commercial is the largest application field. |
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