The Latest Study Published by HTF MI Research on the “Popcorn Market’’ evaluates market size, trend and forecast to 2030. The Popcorn market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well as information about the competitors. Some of the Major Companies covered in this Research are Conagra Brands (United States), Weaver Popcorn Company (United States), Snyder’s-Lance, Inc. (United States), Orville Redenbacher’s (United States), Jolly Time Pop Corn (United States), Act II (United States), Angie’s BOOMCHICKAPOP (United States), The Hershey Company (United States), Quinn Snacks (United States), Pop Secret (United States), Propercorn (United Kingdom), Metcalfe’s Food Company (United Kingdom).
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According to HTF Market Intelligence, the Global Popcorn market to witness a CAGR of 5.3% during forecast period of 2024-2030. Global Popcorn Market Breakdown by Application (Household, Commercial) by Type (Butterfly Popcorn, Mushroom Popcorn, Hulless Popcorn, Others) by Product Type (Ready-to-Eat Popcorn, Microwave Popcorn) by Distribution Channel (B2B, B2C) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 9868.4 Million.
Popcorn is a type of snack that is made from dried corn kernels that have been heated to make them expand and puff up. It is a popular treat enjoyed by people of all ages and is commonly associated with movie theaters, sports events, and other gatherings. The process of making popcorn involves the moisture inside the kernel turning into steam when heated, causing the kernel to burst open and creating a fluffy, edible piece.
Market Drivers
- Need for quick and healthful snacking options
- Expansion of theatre chains and online streaming platforms
- Popcorn consumption is driven by a variety of flavours and packaging formats
Market Trend
- Increased demand for organic and non-GMO popcorn
- Growing popularity of gourmet popcorn with unique flavours
- Emphasise flavour and packaging innovation.
Market Restraints:
- Variable raw material costs have an impact on profitability.
- Alternative snack competition and shifting customer preferences
- Popcorn’s negative image as unhealthy deters consumption.
Major Highlights of the Popcorn Market report released by HTF MI
Global Popcorn Market Breakdown by Application (Household, Commercial) by Type (Butterfly Popcorn, Mushroom Popcorn, Hulless Popcorn, Others) by Product Type (Ready-to-Eat Popcorn, Microwave Popcorn) by Distribution Channel (B2B, B2C) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa(South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America(United States, Mexico & Canada)
- South America(Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe(Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific(Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Informational Takeaways from the Market Study: The report Popcorn matches the completely examined and evaluated data of the noticeable companies and their situation in the market considering impact of Coronavirus. The measured tools including SWOT analysis, Porter’s five powers analysis, and assumption return debt were utilized while separating the improvement of the key players performing in the market.
Key Development’s in the Market: This segment of the Popcorn report fuses the major developments of the market that contains confirmations, composed endeavours, R&D, new thing dispatch, joint endeavours, and relationship of driving members working in the market.
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Some of the important question for stakeholders and business professional for expanding their position in the Popcorn Market:
Q 1. Which Region offers the most rewarding open doors for the market Ahead of 2023?
Q 2. What are the business threats and Impact of latest scenario over the market Growth and Estimation?
Q 3. What are probably the most encouraging, high-development scenarios for Popcorn movement showcase by applications, types and regions?
Q 4.What segments grab most noteworthy attention in Popcorn Market in 2023 and beyond?
Q 5. Who are the significant players confronting and developing in Popcorn Market?
Popcorn Market Study Coverage:
- It includes major manufacturers, emerging player’s growth story, and major business segments of Popcorn market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Popcorn Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Popcorn Market Production by Region
- Popcorn Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Popcorn Market Report: Overview, drivers and barriers
- Popcorn Market Competition by Manufacturers
- Popcorn Market Capacity, Production, Revenue (Value) by Region (2024-2030)
- Popcorn Market Supply (Production), Consumption, Export, Import by Region (2024-2030)
- Popcorn Market Manufacturers Profiles/Analysis
- Popcorn Market Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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