The Popcorn Global Market Report 2023, provides comprehensive information on the popcorn market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Popcorn Market’s Growth:
https://www.thebusinessresearchcompany.com/report/popcorn-global-market-report
As per The Business Research Company’s Popcorn Global Market Report 2023, the global popcorn market size is expected to grow from $11.62 billion in 2022 to $12.60 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global popcorn market size is expected to reach $16.64 billion in 2027 at a CAGR of 7.2%.
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Product innovations are a popular trend in the popcorn market. Major companies operating in the popcorn segment focus on product innovation to reinforce their position in the market. It has helped to popularise the introduction of new flavours, which encourages producers to focus on expanding their product developments. For instance, in July 2021, Frit Ravich, a Spain-based snack company, created a new flavour of Chupa Chups popcorn with a watermelon taste. It has unique crunchiness and lightness mixed with one of the summer’s most popular flavours. Chupa Chups is a brand of lollipop that comes in a variety of flavors.
The popcorn market is segmented:
1) By Type: Microwave Popcorn, Ready To Eat Popcorn
2) By Distribution Channel: Hypermarkets Or Supermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels
3) By End-User: Household, Commercial
North America was the largest region in the popcorn market in 2022.
The table of contents in TBRC’s popcorn market report includes:
1. Executive Summary
2. Popcorn Market Characteristics
3. Popcorn Market Trends And Strategies
4. Popcorn Market – Macro Economic Scenario
5. Popcorn Market Size And Growth
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26. Africa Popcorn Market
27. Popcorn Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Popcorn Market
29. Popcorn Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Conagra Brands Inc
- Pepsico Inc
- The Hershey Company
- Quinn’s Foods
- Weaver Popcorn Bulk LLC
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