In 2021, the market for Ready-To-Eat Popcorn Market worldwide was worth $ 6.7 billion US dollars for the year 2021. AMR Group projects that the market will reach US$ 22.54 billion by 2031, growing at a CAGR of 12.9 % between 2022 and 2031. We are constantly tracking and evaluating the pandemic’s direct and indirect effects, taking into account the uncertainties of COVID-19. The report includes these insights as a significant market contributor.
Popcorn is a low-calorie, high-fiber snack that is made by heating corn kernels and seasoning them with butter, salt, pepper, chilli flakes, and other toppings. It contains plenty of vitamins, antioxidants, folate, niacin, riboflavin, and thiamin. Its moderate use can help people lose weight, improve their digestive health and blood circulation, and reduce their chance of developing diabetes and heart disease. In addition, it aids in lowering cholesterol, easing constipation, promoting healthy bone function, regulating blood sugar levels, and fighting tumour cells.
Market Dynamics
The expansion of the retail environment is the main driver fueling the growth of the global ready-to-eat popcorn industry. Supermarkets, hypermarkets, and specialized shops are becoming more prevalent, which reflects the expansion of the global organized retail industry. The majority of snacks, including ready-to-eat popcorn, are offered by big, organized stores like Walmart and Tesco. In order to get a piece of the restricted shelf space in big retail establishments, vendors in this industry compete. Given their busy lifestyles, ease and value for money are further factors that will draw customers. These requirements are satisfied by organized shops because they carry a large range of goods under one roof. Because of this movement in consumer preference toward supermarkets and hypermarkets and the rising prominence of organized retailers among vendors.
Competitive Landscape
The report includes competitive landscape based on the extensive assessment of the product portfolio offering, geographic presence, and key strategic developments adopted by the leading market players in the industry over the past 5 years. The key players profiled in the Ready-To-Eat Popcorn Market research report are Campbell Soup Co., Conagra Brands Inc., G.H. Cretors, Garrett Popcorn Holding Company LLC, Gary Poppins Popcorn, General Mills Inc., Intersnack Group GmbH and Co. KG, JOLLY TIME, Oogies Snacks LLC, PepsiCo Inc., PROPER Snacks, Quinn Snacks Inc., Rudolph Foods Co. Inc., Sauer Brands Inc., Simply 7 Snacks LLC, Weaver Popcorn Manufacturing Inc., Yadkin Valley Popcorn, The Hershey Co., POP Gourmet Popcorn, and The J.M. Smucker Co.
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By Product Type
- Savory RTE Popcorn
- Sweet RTE Popcorn
- Others
By Type
- Bagged
- Canned
By Application
- Household
- Commercial Sector
By Distribution Channel
- Store-Based
- Non-Store-Based
Reasons to Purchase this Market Report:
- The competitive environment includes the proportions of important players, recent innovations, and strategy.
- Companies with extensive product offerings, pertinent financial data, recent advancements, SWOT analyses, and player tactics.
- Quantitative, qualitative, value (in USD million), and volume (in units million) data are among the segments and sub-segments.
- The research contains a wealth of data, including market dynamics and opportunities throughout the forecast period.
- Data at the regional, sub-regional, and national levels also provides information on the market’s supply and demand dynamics.
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