South Africa Popcorn Market Size & Outlook, 2023-2030
Related Markets
South Africa popcorn market highlights
- The South Africa popcorn market generated a revenue of USD 61.5 million in 2023 and is expected to reach USD 98.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.9% 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.
Popcorn market data book summary
| Market revenue in 2023 | USD 61.5 million |
| Market revenue in 2030 | USD 98.4 million |
| Growth rate | 6.9% (CAGR from 2024 to 2030) |
| Largest segment | Ready-to-eat popcorn |
| Fastest growing segment | Ready-to-Eat Popcorn |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 1.0% of the global popcorn market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa popcorn market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 98.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
South Africa 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 73.01% in 2023. Horizon Databook has segmented the South Africa popcorn market based on microwave popcorn, ready-to-eat popcorn covering the revenue growth of each sub-segment from 2018 to 2030.
The popcorn market in South Africa is thriving, supported by the country’s strong agricultural production and the cultural significance of popcorn as a popular snack. As one of the leading producers of popcorn in Africa, South Africa plays a crucial role in the continent's popcorn supply chain, with production also rising in neighboring countries like Zimbabwe and Tanzania.
Furthermore, according to South Africa's first State of Snacking report, compiled by global snacking company Mondelez International in September 2023, popcorn ranked among the top snack choices for South Africans.
This preference highlights the growing popularity of popcorn as a versatile and culturally significant snack, reflecting broader trends in the South African market towards convenient and indulgent snacking options.
Reasons to subscribe to South Africa popcorn market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa popcorn market databook
-
Our clientele includes a mix of popcorn market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the South Africa popcorn market , including forecasts for subscribers. This country databook contains high-level insights into South Africa popcorn market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa popcorn market size, by type, 2018-2030 (US$M)
South Africa Popcorn Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
