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Popcorn Market

Popcorn is a type of snack made from maize or corn kernel. It is prepared by heating corn kernels with vegetable oil or butter in pot, stove, kettle or microwave. Owing to its high nutrition content, popcorn is consumed as a snack food all over the world in two forms- ready-to-eat (RTE) and microwave popcorn. Microwave and RTE popcorn are consumed as the most favorite snack at homes as well as at movie theatres, sports events, fairs and other public places.<br><br>

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Popcorn Market

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  1. Download Report Sample

  2. According to a new report published by Allied Market Research, titled, “Popcorn Market," The popcorn market size was valued at $9,868.40 million in 2020, and is estimated to reach $18.8 Billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031. Popcorn is a type of snack made from maize or corn kernel. It is prepared by heating corn kernels with vegetable oil or butter in pot, stove, kettle or microwave. Owing to its high nutrition content, popcorn is consumed as a snack food all over the world in two forms- ready-to-eat (RTE) and microwave popcorn. Microwave and RTE popcorn are consumed as the most favorite snack at homes as well as at movie theatres, sports events, fairs and other public places. Popcorn is one of the oldest and popular snack consumed across the globe at movie theatres, fairs, carnivals and stadiums. It requires minimal preparation time and can be cooked easily at homes or can be consumed as ready-to-eat snack. Popcorn is a rich and concentrated source of nutrients such as proteins, antioxidants, fiber, vitamin B complex and others, which is making it popular among households as a healthy alternative for breakfast and meals. Emergence of microwave popcorn is the key factor that drives the microwavable popcorn market demand. Other factors such as increased disposable income, desire to live standard life and change in lifestyles, further fuel the growth of the popcorn industry. • Popcorn Market Download Report Sample

  3. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4569 • Frontrunners in the industry- • Quinn Foods LLC • The Hain Celestial Group, Inc. • Weaver Popcorn Company, Inc. • The hershey company • Conagra Brands, Inc. • Snyder's-lance, inc. • Intersnack Group GmbH & Co. KG • PepsiCo • Eagle family foods • Propercorn • Popcorn Market Download Report Sample

  4. Popcorn Market The popcorn market is segmented on the basis of type, end-use, shape, and region. On the basis of type, the popcorn market is classified as microwave popcorn, and ready-to-eat popcorn. By end-use, it is divided into household, and commercial. Depending on shape, the popcorn market is segregated into butterfly and mushroom. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2020, ready-to-eat popcorn accounted for the highest market share and is anticipated to dominate the market during the forecast period. Due to busy and fast paced lifestyle, people are becoming more health conscious and thus, prefer a healthy diet. In 2020, the household segment accounted for the highest market share. Owing to the numerous health benefits associated with popcorns, consumers consider it as a healthier option for breakfast. Based on the shape, the butterfly segment accounted for highest popcorn market share in 2020. This was attributed to increased availability and consumption of butterfly popcorn across the globe. The penetration of butterfly shaped popcorn in commercial spaces is higher and hence, it is highly consumed across the globe. Download Report Sample

  5. As per the popcorn market trends, in 2020, North America accounted for the highest market share in the global popcorn market. Higher corn production in the states of Indiana, Iowa, Nebraska and Illinois in the U.S. drives the market growth in the region. • Purchase this Report (Price 6,169 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/94c729d1d96c23484aafac21a873cfd8 • Key findings of the study • Region wise, Asia-Pacific is expected to grow at the highest CAGR of 6.5% from 2022 to 2031, followed by LAMEA. • By type, ready-to-eat popcorn segment accounted for approximately 67.4% of the popcorn market share in 2020, in terms of value, and is expected to grow at the highest CAGR of 5.6%. • In 2020, North America generated the highest revenue, and is expected to grow at a CAGR of 4.9%. • In 2020, U.S. generated the highest revenue, accounting for approximately 39.9% share in the global market. • Popcorn Market Download Report Sample

  6. Covid-19 scenario- • The outbreak of Covid-19 led to the enforcement of lockdown in almost all the countries across the world. It caused significant hardship to several industrial verticals along with the Popcorn Market. There were huge disruptions in the supply chain as well. • Nevertheless, the government bodies are now coming up with relaxations on the existing regulations to help different sectors get back on their feet yet again. • The COVID-19 pandemic resulted in the implementation of the lockdown regulations across the globe and the commercial and public spaces such as movie theatres, fairs, and carnivals were restricted to remain operative. This resulted in huge losses to the global popcorn industry. However, the demand for the microwave popcorn spiked during the pandemic. People saw popcorn as a type of comfort food in during the lockdown period and extended stay hours at home. • Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/4569 • Popcorn Market Download Report Sample

  7. About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Popcorn Market Download Report Sample

  8. Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research Popcorn Market Download Report Sample

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