Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 72.22 Billion | USD 115.94 Billion | 5.4% | 2023 |
According to a report from Zion Market Research, the global Ready-To-Eat Popcorn Market was valued at USD 72.22 Billion in 2023 and is projected to hit USD 115.94 Billion by 2032, with a compound annual growth rate (CAGR) of 5.4% during the forecast period 2024-2032.
This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Ready-To-Eat Popcorn industry over the next decade.
Popcorn is one of the most popular snacks of the working population across the globe. Moreover, it is known for its large fiber contents and healthy diet. According to NCBI study, commercial or ready-to-eat popcorn possesses notable amounts of phenolic acids that act as antioxidants in a substance. As per the research conducted by NCBI in 2019, nine ready-to-eat popcorn samples were found to contain total polyphenols of about 5.93 ± 0.92 milligram per gram of ready-to-eat popcorn after conducting of alkaline hydrolysis process. Apart from this, in-vitro digestion clinical test was also carried out to determine the phenolic acid bioavailability in the commercial popcorns and it was found that ever 1 gram of commercial or ready-to-eat popcorn comprised of 2.66 ±0.15 milligram of polyphenols. Moreover, popping procedure did not reduce the antioxidant ability of the ready-to-eat popcorn.
Due to high content of polyphenols, which possesses antioxidant property,
in ready-to-eat popcorn, it is likely that the market will gain traction over the forthcoming years. Apart from this, it has been found that ready-to-eat popcorn is the most popular whole grain snacks in the U.S. due to its huge phytochemical content. Reportedly, it was observed that out of the total whole grain diet intake of Americans, 17% was derived through popcorn consumption. Researchers are of the view that ready-to-eat popcorn consumers consume 22% more of fibers as compared to non-popcorn consumers. All these factors are likely to contribute notably towards the growth of the market in the years to come.
Furthermore, ready-to-eat popcorn is a major source of proteins and vitamin B complex in addition to polyphenolic compounds, fibers, and antioxidants. This, in turn, is anticipated to steer the growth of ready-to-eat popcorn industry over the forecasting years. High proportion of health benefits availed as a result of the product consumption will account remarkably towards the market earnings over the estimated timeframe.
Report Attributes | Report Details |
---|---|
Report Name | Ready-To-Eat Popcorn Market |
Market Size in 2023 | USD 72.22 Billion |
Market Forecast in 2032 | USD 115.94 Billion |
Growth Rate | CAGR of 5.4% |
Number of Pages | 110 |
Key Companies Covered | Intersnack Group GmbH & Co. KG, The Hershey Company, Conagra Brands, Inc., General Mills Inc., CAMPBELL SOUP COMPANY, and PepsiCo, Inc |
Segments Covered | By Product, By End User And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional market growth over the forecast period is owing to large-scale production of corn in the states of the U.S. including Iowa, Nebraska, Illinois, and Indiana. Apart from this, high per capita income and massive intake of popcorns as snacks in theaters & sports activities will prop up the growth of the regional market over the forthcoming years.
Key players profiled in the ready-to-eat popcorn market include -
By Product
By End User
By Region
FrequentlyAsked Questions
global Ready-To-Eat Popcorn Market was valued at USD 72.22 Billion in 2023 and is projected to hit USD 115.94 Billion by 2032,
compound annual growth rate (CAGR) of 5.4% during the forecast period 2024-2032.
The largest share of the Ready-To-Eat Popcorn Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
Intersnack Group GmbH & Co. KG, The Hershey Company, Conagra Brands, Inc., General Mills Inc., CAMPBELL SOUP COMPANY, and PepsiCo, Inc
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed