Market Overview:
United States popcorn market size is projected to exhibit a growth rate (CAGR) of 5.13% during 2024-2032. The rising demand for convenience and ready-to-eat (RTE) snacks, along with the growing popularity of gourmet blends, is primarily driving the market growth.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
5.13% |
Popcorn stands out as a nutritious snack with a low-calorie and high-fiber profile, created by subjecting corn kernels to heat and enhancing them with ingredients like butter, salt, pepper, chili flakes, and other seasonings. This wholesome treat is abundant in essential nutrients such as folate, niacin, riboflavin, and thiamin, along with antioxidants and vitamins. Incorporating popcorn into one's diet in moderation can contribute to weight loss, enhance blood circulation, promote intestinal health, and decrease the likelihood of heart disease and diabetes. Moreover, it plays a role in addressing issues like depression, alleviating constipation, supporting optimal bone function, regulating blood sugar levels, combatting tumor cells, and reducing cholesterol levels.
United States Popcorn Market Trends:
The popcorn market in the United States is a thriving and dynamic sector, reflecting the enduring popularity of this beloved snack. With a perfect blend of nostalgia and innovation, this snack has transcended its classic image as a movie theater staple to become a versatile and in-demand treat across various occasions, which is acting as another significant growth-inducing factor. Additionally, the market is characterized by a diverse range of flavors, from the timeless buttery and salty varieties to innovative options like caramel, cheese, and even gourmet blends. Besides this, health-conscious consumers are driving the demand for healthier alternatives, leading to the availability of air-popped and lightly seasoned popcorn varieties, which is positively influencing the market growth across the country. The influence of cultural trends and the rise of snacking as a lifestyle choice have contributed to the market's growth, with popcorn emerging as a go-to option for both indulgence and guilt-free enjoyment. Apart from this, the convenience of pre-packaged microwave popcorn and the expansion of ready-to-eat popcorn products have further fueled market expansion. Furthermore, the incorporation of popcorn into various culinary creations, such as popcorn bars and snack mixes, demonstrates its versatility. As a result, the United States popcorn market will continue to evolve, presenting opportunities for innovation and market players to cater to the evolving tastes and preferences of consumers in this ever-popular snacking category over the forecasted period.
United States Popcorn Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, distribution channel, and end consumer.
Type Insights:
- Microwave Popcorn
- Ready-To-Eat (RTE) Popcorn
The report has provided a detailed breakup and analysis of the market based on the type. This includes microwave popcorn and ready-to-eat (RTE) popcorn.
Distribution Channel Insights:
- On-Trade
- Off-Trade
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Channel
- Others
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes on-trade and off-trade (supermarkets and hypermarkets, convenience stores, online channel, and others).
End Consumer Insights:
The report has provided a detailed breakup and analysis of the market based on the end consumer. This includes households and commercial.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Popcorn Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Type
- Distribution Channel
- End Consumer
- Region
|
Types Covered |
Microwave Popcorn, Ready-To-Eat (RTE) Popcorn |
Distribution Channels Covered |
- On-Trade
- Off-Trade: Supermarkets and Hypermarkets, Convenience Stores, Online Channel, Others
|
End Consumers Covered |
Households, Commercial |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States popcorn market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States popcorn market?
- What is the breakup of the United States popcorn market on the basis of type?
- What is the breakup of the United States popcorn market on the basis of distribution channel?
- What is the breakup of the United States popcorn market on the basis of end consumer?
- What are the various stages in the value chain of the United States popcorn market?
- What are the key driving factors and challenges in the United States popcorn?
- What is the structure of the United States popcorn market and who are the key players?
- What is the degree of competition in the United States popcorn market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States popcorn market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States popcorn market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States popcorn industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.