Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Popcorns
Market makes an offering of in-depth analysis of segments and sub-segments in
the regional and international Popcorns Market. The research also emphasizes on
the impact of restraints, drivers, and macro indicators on the regional and global
Popcorn Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Popcorn Market `is
offered. In accordance with the report, the global Popcorns Market is projected
to expand at a CAGR of 7.6% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Popcorns are
derived from maize by heating the corn kernels with oil. Popcorn is a great
source of nutrition. It is rich in fiber, proteins, vitamin B complex and also
acts as an antioxidant owing to its immense possession of phenolic acids. Health conscious consumer’s choice of healthy
eating is driving this market. Popcorns are well known as a snack that
accompanies people while they are in movie theaters, stadiums, fairs,
carnivals, and multiplexes because it is a light food with high nutritional
value. Also, there is a surge in the consumption of convenience foods. This is
because of the fact that the day-to-day schedule of people are becoming
increasingly tight due to soaring burden at workplace. Moreover, in the era of
nucleated families, where both the parents are working, popcorns are lesser
time consuming and laborious to make. This makes them applicable for household
consumption. Also, with surging movie nights or rise in the need of
entertainment due to workaholic lifestyle of the people, this market is
growing. Increasing commercial place’s association in the day to day life of
people is also a determinant. The rising purchasing power of people and newer
ways of living is also fueling the growth of this market. Finally, the
increased usage of internet and social media is also empowering the growth of
this market. With the continuous change in trends in social media, emergence of
lifestyle showcasing and imitations of different patters to gain popularity
among netizens, the popcorn market is thriving. Rising vegan population is also
showing inclination towards the consumption of corns and popcorns.
But the
availability of popcorn substitutes like nuts, chips and many more that could
be conveniently consumed in commercial places like movie theaters, stadiums and
even in household scenario is hindering the growth of this market. Also,
popcorns can be a source of allergy to many people and this is severely
disrupting the growth of this market. Also, too much consumption of popcorns
can adversely affect health.
The ability to
cook popcorns using microwave coupled with the increasing usage of electronic
gadgets like microwave at home is an untapped opportunity for the growth of
this market. Also, the innovation of different flavors of popcorn makes it
immensely popular among people with different tastes. The consumers impulsion
to consume gourmet popcorn and natural and clean label products is a great
scope for the market. Also, the swelling availability of raw materials like
maize, corn from which popcorns are derived is a great chance for the market to
increase its market share. In addition, changing lifestyle and rising
disposable income is a good chance to unfold new avenues in the popcorn market.
Segment Covered:
This market
intelligence report on the global Popcorns Market encompasses market segments based
on product type, end user, distributional channel, and country/regions.
By product type, the Popcorn Market is segregated into,
§ Microwave Popcorn
§ Ready-To-Eat Popcorn (savory, sweet, others)
By end user, the Popcorn Market is classified
into,
§ Household
§ Commercial
By distributional channel, the Popcorn Market
is split up into,
§ Online Stores
§ Offline Stores (supermarket, hypermarket, specialty
stores, convenience stores)
By country/region, the Popcorn Market is divided into,
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Weaver Popcorn Company, Inc.
§ Snyder’s-Lance Inc
§ Hershey Company
§ PepsiCo Inc
§ ConAgra Brands Inc
§ Eagle Family Foods Group
§ KP Snacks Ltd
§ Quinn Foods LLC
§ The Hain Celestial Group Inc
§ ProperCorn
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Popcorns Market related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Popcorns Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020 – 2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Popcorns Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as ProperCorn, PepsiCo
Inc, The Hein Celestial Group Inc, Quinn Foods LLC, KP Snacks Ltd, Eagle Family
Foods Group and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Popcorns caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Popcorns
Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Popcorns Market
v
Identification
of key factors driving investment opportunities in the Popcorns Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants