Asia Pacific Popcorn Market Size & Outlook, 2023-2030
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Asia Pacific popcorn market highlights
- The Asia Pacific popcorn market generated a revenue of USD 979.6 million in 2023.
- The market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, ready-to-eat popcorn was the largest revenue generating type in 2023.
- Ready-to-Eat Popcorn is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 979.6 million |
| Market revenue in 2030 | USD 1,863.4 million |
| Growth rate | 9.6% (CAGR from 2024 to 2030) |
| Largest segment | Ready-to-eat popcorn |
| Fastest growing segment | Ready-to-Eat Popcorn |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Microwave Popcorn, Ready-to-Eat Popcorn |
| Key market players worldwide | Campbell Soup Co, PepsiCo Inc, Conagra Brands Inc, Quinn Snacks, The Hershey Company, Eagle Foods, Proper Food, Jolly Time, Intersnack Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 16.0% of the global popcorn market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,863.4 million by 2030.
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Popcorn Market Scope
Popcorn Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jolly Time | View profile | 101-250 | Sioux City, Iowa, United States, North America | https://www.jollytime.com/ |
| Proper Food | View profile | 101-250 | San Francisco, California, United States, North America | http://properfood.com |
| Eagle Foods | View profile | 251-500 | Richfield, Ohio, United States, North America | https://eaglefoods.com/ |
| Quinn Snacks | View profile | 11-50 | Boulder, Colorado, United States, North America | https://www.quinnsnacks.com/ |
| Intersnack Group | View profile | 101-250 | Düsseldorf, Nordrhein-Westfalen, Germany, Europe | https://www.intersnack.de/standard/home/index.html |
| The Hershey Company | View profile | 10001+ | Hershey, Pennsylvania, United States, North America | http://thehersheycompany.com |
| Conagra Brands Inc | View profile | 18600 | 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, United States, 60654 | https://www.conagrabrands.com |
| Campbell Soup Co | View profile | 14500 | 1 Campbell Place, Camden, NJ, United States, 08103-1799 | https://www.campbellsoupcompany.com |
| PepsiCo Inc | View profile | 318000 | 700 Anderson Hill Road, Purchase, NY, United States, 10577 | https://www.pepsico.com |
Asia Pacific popcorn market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to popcorn market will help companies and investors design strategic landscapes.
Ready-to-eat popcorn was the largest segment with a revenue share of 70.77% in 2023. Horizon Databook has segmented the Asia Pacific popcorn market based on microwave popcorn, ready-to-eat popcorn covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is experiencing rapid growth in the popcorn market, driven by increasing urbanization and the expanding influence of Western-style snacking habits. Countries like China and India are leading the charge, with popcorn becoming a staple in cinemas and households.
In Japan, for instance, the fusion of traditional flavors with popcorn, such as nori popcorn, highlights the region’s innovation in snack offerings. This unique flavor profile combines the umami richness of seaweed with the crunchy texture of popcorn, catering to the local palate while introducing a novel snacking experience.
As the entertainment industry in Asia Pacific continues to grow, particularly with the rise of local content and streaming platforms, the demand for popcorn is expected to increase significantly.
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Target buyers of Asia Pacific popcorn market databook
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Our clientele includes a mix of popcorn market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific popcorn market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific popcorn market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific popcorn market size, by country, 2018-2030 (US$M)
Asia Pacific Popcorn Market Outlook Share, 2023 & 2030 (US$M)
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