Market Size of Global Popcorn Industry
Study Period | 2018 - 2029 |
Market Size (2024) | USD 8.80 Billion |
Market Size (2029) | USD 14.89 Billion |
CAGR (2024 - 2029) | 11.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Popcorn Market Analysis
The Global Popcorn Market size is estimated at USD 8.80 billion in 2024, and is expected to reach USD 14.89 billion by 2029, growing at a CAGR of 11.10% during the forecast period (2024-2029).
According to the nutritional information provided by The United States Popcorn Board, Popcorn's glycemic index (GI) is around 55. A serving of five popped cups has only 100 to 150 calories, no cholesterol, and nearly no fat (0.1 g per cup). Additionally, Popcorn contains several crucial vitamins for health, such as folate, niacin, riboflavin, thiamin, pantothenic acid, and vitamins B6, A, E, and K. About 8% of the recommended daily intake of iron is provided by a serving of Popcorn, while calcium, copper, magnesium, manganese, phosphorus, potassium, and zinc are at low levels.
The popcorn market has also seen the influence of the trends driving the more significant snacking industry. With the emergence of various flavors, consumer choices are shifting towards gourmet popcorn. Moreover, other movements, such as all-natural flavors and clean-label ingredients, are also impacting product launches by companies in the popcorn market. Popcorn is a whole grain that has never been processed and contains no added additives, hidden ingredients, or genetically modified organisms (GMOs). This sweet little kernel contains a hearty whole grain that is ideal for today's health-conscious consumer because it is naturally low in fat and calories, gluten-free, and non-GMO. Therefore, Popcorn has remained incredibly popular over time.
An increasing trend toward the fusion of snacks and caramel candies is being observed in the market. Companies are observed to be offering Popcorn coated with melted caramels in small packs, which are being advertised as sweet snacks. Due to the rising market trend of ingredient transparency and traceability, companies are now adhering to strict quality standards by including ingredients and packaging formats.