Global Popcorn Market Status and Regional Analysis: Market Size is 7826.13 Million in 2024

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.

Global Popcorn Market Size

North America Leads the Consumer for Popcorn.
The Midwest, also known as America's corn belt, produces most of the popcorn, which is grown and sold worldwide. According to the American Popcorn Council, the long, hot summers of the Midwest provide ample time for agricultural growth, and the soil is deep, nutrient-rich, and rich in organic matter, providing plants with the nutrients they need to thrive. North America is the largest popcorn market in the world, and the trend of healthy snacks has influenced the growth of the popcorn market in the region. Much of this growth can be attributed to double-digit growth rates associated with ready-to-eat popcorn. Driving the growth in North America is the increased consumption of multiplex popcorn, the consumption of popcorn inflated by its health benefits, and the emergency of microwave popcorn.

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

The commercial is the largest application field.

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