Popcorn Market Size and Share

Popcorn Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Popcorn Market Analysis by Mordor Intelligence

In 2025, the popcorn market was valued at USD 9.78 billion. By 2030, it's projected to surge to USD 16.55 billion, marking an impressive CAGR of 11.09%. This growth is buoyed by trends like premiumization, strategic entertainment partnerships, and plant-level automation, ensuring consistent quality across a diverse flavor range. Investors are keenly eyeing this trajectory, with major food conglomerates snapping up niche assets for broader reach and a vertically integrated supply chain. North America leads in revenue, but the Asia Pacific is witnessing the swiftest demand surge, suggesting a strategy that marries scale with regional nuances. As consumers increasingly gravitate towards organic and clean-label products, established brands are responding by diversifying their offerings, introducing premium formulations that promise better margins. The International Food Information Council reported that in 2023, about 29% of U.S. consumers regularly purchased food and beverages for their "clean ingredients" labels[1]Source: International Food Information Council, "Food & Health Survey 2023", ific.org.

Key Report Takeaways

  • Ready-to-Eat products captured 57.30% of the popcorn market share in 2024, and microwave formats are projected to expand at a 12.80% CAGR through 2030. 
  • Conventional popcorn accounted for 85.74% of the popcorn market size in 2024, yet organic variants are set to grow at a 13.93% CAGR during the same window. 
  • Traditional salted flavors held 52.73% share of the popcorn market size in 2024, while cheese flavors are advancing at a 12.47% CAGR to 2030. 
  • Multi-serve packs represented 47.60% of popcorn market share in 2024, and single-serve units led growth at 13.30% CAGR. 
  • Supermarkets and hypermarkets contributed 79.82% of the popcorn market size in 2024, whereas online retail is scaling fastest at 13.90% CAGR. 
  • North America controlled 32.43% of the popcorn market share in 2024; Asia Pacific is pacing the field with a 12.56% CAGR outlook.

Segment Analysis

By Product Type: RTE Dominance Faces Microwave Resurgence

In 2024, Ready-to-Eat (RTE) popcorn commands a dominant 57.30% market share, riding the wave of convenience trends and impulse buying that favor grab-and-go formats. Meanwhile, microwave popcorn is on a resurgence, boasting a robust 12.80% CAGR through 2030. This growth is fueled by the rising trend of at-home entertainment and packaging innovations that tackle past concerns over chemical additives. The revival of the microwave segment underscores manufacturers' commitment to addressing these concerns. A case in point is Coop Denmark's reintroduction of microwave popcorn, now packaged in Liven's cellulose-based bags. These bags not only sidestep PFAS worries but also ensure fat impermeability. While unpopped kernels cater to niche markets like bulk foodservice and artisanal producers, they grapple with competition from automated systems that lean towards processed formats.

Product type segmentation highlights varied consumption trends across demographics and occasions. RTE popcorn, with its strategic placement in bustling retail spots and portion-controlled packaging, dominates impulse buys. In contrast, microwave popcorn is favored for planned home entertainment consumption. Automation in manufacturing is increasingly skewed towards RTE production, emphasizing consistent quality and packaging efficiency. Facilities like Bratney's turnkey operation boast an impressive 99.9% perfect product rate, thanks to their integrated processing and packaging systems. The competitive landscape is witnessing a wave of consolidation, with major brands snapping up specialized manufacturing capabilities. A prime example is Hershey's acquisition of Weaver Popcorn facilities in October 2023, a move aimed at bolstering the SkinnyPop brand and tightening supply chain control.

Popcorn Market: Market Share by Product Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Nature: Organic Momentum Challenges Conventional Dominance

In 2024, conventional popcorn dominates the market with an 85.74% share, bolstered by established supply chains and cost advantages that facilitate competitive pricing in mass-market channels. Meanwhile, organic popcorn is making waves, growing at a robust 13.93% CAGR. This surge underscores consumers' readiness to pay a premium for health and environmental benefits. Such growth mirrors the broader clean-label movement, which emphasizes natural ingredients and transparent sourcing over mere cost-cutting. Highlighting this trend, the International Federation of Organic Agriculture Movements reported that in 2023, per capita organic food consumption in the EU-27 hit a decade-high at approximately EUR 104.

However, the organic segment's growth isn't without challenges. Specialized corn varieties demand unique farming methods and dedicated processing facilities to uphold certification standards. This premium positioning allows organic brands to set higher prices, with some artisanal producers reaping margins 2-3 times that of conventional counterparts, thanks to direct-to-consumer sales and niche retail collaborations. Furthermore, regulatory frameworks, like the USDA National Organic Program standards, not only bolster consumer trust in organic certification but also erect barriers. These barriers shield established organic brands from conventional players eyeing the premium market, especially those unwilling to heavily invest in certified supply chains.

By Flavor Profile: Traditional Foundations Support Cheese Innovation

In 2024, salted and traditional flavors command a dominant 52.73% market share, setting the standard for consumer expectations and appealing to a wide demographic. Meanwhile, cheese flavors are rapidly gaining traction, boasting a robust 12.47% CAGR, fueled by premiumization and innovative flavoring that stands out in competitive retail spaces. Barbecue and butter flavors enjoy a consistent market presence, bolstered by regional preferences and brand loyalty. The "Others" category, featuring exotic and limited-edition flavors, captivates consumers and garners attention on social media.

Flavor development increasingly leans on co-branding partnerships, tapping into established profiles from related categories. For instance, Smartfood's tie-up with Cap'n Crunch and Krispy Kreme showcases how popcorn brands can venture into new flavor realms, reaping the benefits of their partners' brand clout and marketing prowess. The cheese segment's ascent highlights a shift towards more nuanced flavor appreciation, moving beyond just salted. Caramel flavors, straddling the line between sweet and savory, are adeptly positioning themselves for varied consumption moments. However, crafting these specialty flavors demands investment in versatile coating systems and stringent quality controls to prevent ingredient cross-contamination.

Popcorn Market: Market Share by Flavor Profile
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Packaging Type: Single-Serve Growth Challenges Multi-Serve Leadership

In 2024, multi-serve packaging captures a 47.60% market share, mirroring family consumption trends and offering cost-per-serving benefits that resonate with budget-conscious buyers. Meanwhile, single-serve formats are on a growth trajectory, expanding at a 13.30% CAGR. This surge is fueled by a rising preference for portion control, the convenience of on-the-go consumption, and snacking habits at work that lean towards individual packaging. Family and bulk pack formats cater to both institutional clients and households aiming for value. However, their growth is tempered by challenges like storage constraints and concerns over maintaining freshness in larger packages.

Today's packaging innovations go beyond merely adjusting sizes; they also address sustainability and functional enhancements, elevating the overall consumer experience. Studies indicate that packaging attributes play a pivotal role in consumption volumes. Specifically, larger package sizes and the availability of multiple packages can boost intake, independent of portion size considerations. In response to the European Union's stringent new packaging regulations, which emphasize recyclability and set thresholds for recycled content, manufacturers are pivoting. They're crafting mono-material structures that not only ease recycling but also uphold the barrier properties vital for ensuring product freshness and extending shelf life.

By Distribution Channel: Online Retail Disrupts Traditional Supermarket Dominance

In 2024, supermarkets and hypermarkets dominate the distribution landscape, commanding a substantial 79.82% market share. They achieve this by capitalizing on extensive shelf space, strategically positioning products for impulse purchases, and aligning with established consumer habits that favor in-person selections. Meanwhile, online retail stores are surging ahead, boasting a robust 13.90% CAGR. This growth, spurred by the pandemic's e-commerce boom, underscores a shift in consumer preferences towards the convenience of home delivery, sidelining traditional shopping trips. Convenience and grocery stores cater to immediate consumption needs, especially in areas with limited supermarket access. Other distribution avenues include specialty retailers, foodservice operations, and direct-to-consumer sales.

These shifts in distribution dynamics mirror evolving consumer behaviors and technological advancements, particularly in last-mile delivery for packaged snacks. A case in point: Cinemark's November 2023 move to broaden its third-party delivery collaborations with DoorDash, Grubhub, and Uber Eats. This highlights how traditional concessionaires are pivoting to cater to at-home consumption, extending their footprint beyond just physical venues. The e-commerce boom not only opens doors for premium and specialty brands to engage directly with consumers but also allows them to enjoy fatter margins by sidestepping intermediary costs. However, this direct approach mandates a robust investment in digital marketing and fulfillment infrastructure, essential to rival the logistics prowess of established retail giants.

Popcorn Market: Market Share by Distribution Channel
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

In 2024, North America held a dominant 32.43% share of the popcorn market, bolstered by a deep-rooted snacking culture and elevated per-capita consumption rates. The U.S. leverages integrated farm-to-factory corridors, reducing raw-material delays and swiftly rotating SKUs for seasonal events. Canada boosts regional growth with efficient cross-border distribution, while Mexico broadens its market presence with value-centric pack sizes, catering to the expansion of modern trade. Recent manufacturing investments, like Weaver Popcorn’s upgraded plant in Indiana (May 2024), underscore the region's long-term confidence, enhancing packaging capabilities for premium offerings.

Asia Pacific is set to lead with the highest absolute volume growth, projected at a 12.56% CAGR through 2030. China's burgeoning cinema scene and a middle class willing to splurge on snacks are paving the way for both mainstream and premium popcorn offerings. Flavors like Sichuan peppercorn are striking a chord with local tastes. While popcorn's presence in India's snack repertoire is modest, the growth trajectory is promising; 4700BC’s ambitious revenue targets hint at the potential for scaling with broader distribution. Meanwhile, Japan and South Korea are increasingly favoring packaging innovations that cater to convenience store layouts and safety standards, driving demand for compact, resealable formats.

Europe is maintaining a steady pace, driven by regulatory initiatives promoting recyclable materials and enhanced nutrient profiles. Germany and the U.K. are pushing volumes through mainstream supermarket placements, while France and Italy are leaning towards organic and artisanal brands. The Nordic countries, with their keen focus on environmental standards, have swiftly adopted PFAS-free microwave packaging, setting a compliance benchmark for the continent. Looking ahead, the EU's stringent packaging directive, set to take effect in 2026, is poised to ignite further substrate innovations, potentially giving compliant exporters a competitive edge.

Popcorn Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

Multinational conglomerates are reshaping the popcorn market, which is witnessing a moderate concentration. In 2024, Mars made headlines with its USD 35.9 billion acquisition of Kellanova, bolstering its global snacking presence and consolidating premium popcorn brands. Conagra Brands strategically pairs the renowned Orville Redenbacher label with Angie’s Boomchickapop, catering to both value and premium segments. Meanwhile, Hershey’s foray into the popcorn realm with SkinnyPop enriches its portfolio of healthier snack options. Together, these top five players command about 55% of the global popcorn market, signaling potential for new entrants.

Automation emerges as a pivotal differentiator; firms boasting high-throughput, low-defect facilities can competitively price against artisanal counterparts while upholding quality standards that safeguard brand reputation. Private equity's robust interest is evident in Weaver Popcorn’s acquisition, channeling funds for tech advancements and broader market reach. Collaborating with entertainment franchises for co-branding presents another avenue for market share expansion; such partnerships enhance shelf visibility, a feat often elusive for smaller competitors due to licensing expenses.

Major retailers are increasingly prioritizing sustainability in their tender processes. Brands that champion compostable or mono-material packaging not only align with corporate CSR objectives but also secure coveted long-term shelf placements. The focus of innovation is shifting towards clean-label seasonings and methods that use less oil for popping. While smaller craft brands carve a niche through local sourcing and direct consumer engagement, their growth may hit a ceiling unless they collaborate with or sell to larger entities.

Popcorn Industry Leaders

  1. Conagra Brands, Inc.

  2. Campbell Soup Company

  3. PepsiCo Inc.

  4. Weaver Popcorn Bulk, LLC

  5. The Hershey Company

  6. *Disclaimer: Major Players sorted in no particular order
Popcorn Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • August 2025: Pop Secret, a brand known for its microwave popcorn, launched its first line of ready-to-eat (RTE) popcorn. Initially available in three flavors, Homestyle Sea Salt, Double Cheddar, and Movie Theater Butter, the initial retail availability was limited to specific stores like Kroger, Sam's Club, and Walmart.
  • May 2025: Conagra Brands expanded its popular Angie's BOOMCHICKAPOP ready-to-eat line with two new flavors. Mango Habanero caters to the sweet and heat trend by combining tropical fruit with spicy seasonings on a sweet and salty kettle base. The Cinnamon Churro flavor offers a sweeter, indulgent option with a hint of fried dough flavor.
  • October 2024: In a collaboration with Netflix, the gourmet popcorn company 4700BC launched a new line of flavors tied to a popular Netflix series. The featured flavors were Caramel and Cheese, Spicy Jalapeno, and Truffle and Cheese, designed to complement consumers' viewing experiences.
  • June 2024: As part of a strategy to expand its brand beyond streaming, Netflix launched its own line of retail popcorn. The initial release included two varieties: "Cult Classic Cheddar Kettle Corn" and "Swoonworthy Cinnamon Kettle Corn," which were introduced to enhance viewers' at-home movie experience.

Table of Contents for Popcorn Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Innovations in flavor and product types
    • 4.2.2 Environmental sustainability and packaging innovation
    • 4.2.3 Growth of at-home entertainment and streaming services
    • 4.2.4 Strategic marketing and collaborations
    • 4.2.5 The premiumization of snacking
    • 4.2.6 Increased efficiency through automation and robotics
  • 4.3 Market Restraints
    • 4.3.1 Fluctuations in raw material prices
    • 4.3.2 Intense competition from alternative snacks
    • 4.3.3 Negative perception of additives
    • 4.3.4 Strict regulations on labeling and ingredients
  • 4.4 Consumer Demand Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Ready-to-Eat (RTE) Popcorn
    • 5.1.2 Microwave Popcorn
    • 5.1.3 Unpopped Kernel
  • 5.2 By Nature
    • 5.2.1 Conventional
    • 5.2.2 Organic
  • 5.3 By Flavor Profile
    • 5.3.1 Salted/Traditional
    • 5.3.2 Caramel
    • 5.3.3 Barbecue
    • 5.3.4 Cheese
    • 5.3.5 Butter
    • 5.3.6 Others
  • 5.4 By Packaging Type
    • 5.4.1 Single-Serve
    • 5.4.2 Multi-Serve
    • 5.4.3 Family/Bulk Packs
  • 5.5 By Distribution Channel
    • 5.5.1 Supermarkets/Hypermarkets
    • 5.5.2 Convenience/Grocery Stores
    • 5.5.3 Online Retail Stores
    • 5.5.4 Other Distribution Channels
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.1.4 Rest of North America
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Colombia
    • 5.6.2.4 Chile
    • 5.6.2.5 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 United Kingdom
    • 5.6.3.2 Germany
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Russia
    • 5.6.3.7 Sweden
    • 5.6.3.8 Belgium
    • 5.6.3.9 Poland
    • 5.6.3.10 Netherlands
    • 5.6.3.11 Rest of Europe
    • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 India
    • 5.6.4.4 Thailand
    • 5.6.4.5 Singapore
    • 5.6.4.6 Indonesia
    • 5.6.4.7 South Korea
    • 5.6.4.8 Australia
    • 5.6.4.9 New Zealand
    • 5.6.4.10 Rest of Asia Pacific
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 United Arab Emirates
    • 5.6.5.2 South Africa
    • 5.6.5.3 Saudi Arabia
    • 5.6.5.4 Nigeria
    • 5.6.5.5 Egypt
    • 5.6.5.6 Morocco
    • 5.6.5.7 Turkey
    • 5.6.5.8 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Conagra Brands
    • 6.4.2 PepsiCo (Frito-Lay, Smartfood)
    • 6.4.3 The Hershey Company (Snyder’s-Lance, SkinnyPop)
    • 6.4.4 Campbell Soup Company (Pop Secret)
    • 6.4.5 Weaver Popcorn Company
    • 6.4.6 Popcorn & Company
    • 6.4.7 Quinn Foods
    • 6.4.8 Intersnack Group
    • 6.4.9 Proper Snacks
    • 6.4.10 Eagle Family Foods
    • 6.4.11 Herr Foods
    • 6.4.12 Amish Country Popcorn
    • 6.4.13 Garrett Popcorn Shops
    • 6.4.14 American Pop Corn Company
    • 6.4.15 KP Snacks Ltd
    • 6.4.16 Utz Brands (Popcornopolis)
    • 6.4.17 Joe & Seph’s
    • 6.4.18 General Mills
    • 6.4.19 AMC Entertainment Holdings, Inc. (AMC Theatres)
    • 6.4.20 Zea Maize Private Limited
    • 6.4.21 Newman’s Own

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Popcorn Market Report Scope

Popcorn is corn that expands from the kernel and puffs up when heated. The Global Popcorn Market is segmented by type into microwave popcorn and ready-to-eat (RTE) popcorn, by distribution channel into hypermarkets/supermarkets, convenience stores, online retail stores, and other distribution channels. The geographical segmentation includes North America, Europe, Asia Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done based on the value (in USD million).

By Product Type
Ready-to-Eat (RTE) Popcorn
Microwave Popcorn
Unpopped Kernel
By Nature
Conventional
Organic
By Flavor Profile
Salted/Traditional
Caramel
Barbecue
Cheese
Butter
Others
By Packaging Type
Single-Serve
Multi-Serve
Family/Bulk Packs
By Distribution Channel
Supermarkets/Hypermarkets
Convenience/Grocery Stores
Online Retail Stores
Other Distribution Channels
By Geography
North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Colombia
Chile
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Sweden
Belgium
Poland
Netherlands
Rest of Europe
Asia-Pacific China
Japan
India
Thailand
Singapore
Indonesia
South Korea
Australia
New Zealand
Rest of Asia Pacific
Middle East and Africa United Arab Emirates
South Africa
Saudi Arabia
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
By Product Type Ready-to-Eat (RTE) Popcorn
Microwave Popcorn
Unpopped Kernel
By Nature Conventional
Organic
By Flavor Profile Salted/Traditional
Caramel
Barbecue
Cheese
Butter
Others
By Packaging Type Single-Serve
Multi-Serve
Family/Bulk Packs
By Distribution Channel Supermarkets/Hypermarkets
Convenience/Grocery Stores
Online Retail Stores
Other Distribution Channels
By Geography North America United States
Canada
Mexico
Rest of North America
South America Brazil
Argentina
Colombia
Chile
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Sweden
Belgium
Poland
Netherlands
Rest of Europe
Asia-Pacific China
Japan
India
Thailand
Singapore
Indonesia
South Korea
Australia
New Zealand
Rest of Asia Pacific
Middle East and Africa United Arab Emirates
South Africa
Saudi Arabia
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How large is the popcorn market in 2025?

The popcorn market size reached USD 9.78 billion in 2025 and is projected to grow at an 11.09% CAGR to 2030.

Which product type is growing fastest?

Microwave popcorn is forecast to lead growth at a 12.80% CAGR as consumers seek theater-style experiences at home.

What region offers the highest growth potential for popcorn brands?

Asia Pacific is set to deliver the fastest expansion with a 12.56% CAGR through 2030 thanks to rising disposable incomes and urban snacking habits.

How are sustainability trends influencing popcorn packaging?

Brands are shifting to compostable or mono-material packs in response to new EU rules and consumer demand for eco-friendly solutions.

Which flavor segment shows the strongest momentum?

Cheese variants are advancing at a 12.47% CAGR driven by consumer appetite for gourmet savory profiles beyond traditional salted options.

What role do entertainment partnerships play in popcorn sales?

Collaborations with cinemas and streaming services boost brand visibility, generate limited-edition collectibles, and reinforce popcorn’s role in at-home viewing occasions.

Page last updated on:

Popcorn Market Report Snapshots