GVR Report cover Popcorn Market Size, Share & Trends Report

Popcorn Market Size, Share & Trends Analysis Report By Product (RTE, Microwave), By Distribution Channel (B2B, B2C), By Region (Asia Pacific, North America, Europe, MEA), And Segment Forecasts, 2022 - 2030

  • Report ID: GVR-4-68040-008-4
  • Number of Report Pages: 76
  • Format: PDF, Horizon Databook
  • Historical Range: 2017 - 2020
  • Forecast Period: 2022 - 2030 
  • Industry: Consumer Goods

Report Overview

The global popcorn market size was estimated at USD 5.2 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 11.2% from 2022 to 2030. The market growth is reliant upon the global consumer trend toward well-being. In addition, the industry is being driven by changing consumer behavior patterns for food and beverage globally. The global popcorn supply chain and distribution channel were disrupted by the coronavirus outbreak, which resulted in the closure and restrictions of convenience stores, and super/hypermarkets. The COVID-19 pandemic caused a significant shift in consumer purchasing priorities.

U.S. popcorn market size, by product, 2020 - 2030 (USD Million)

Personal health and sustainable development, once relegated to the category of "niche" interests, are now at the forefront of buyers' minds, especially when it is related to food purchases. Demand for healthy, convenient, and sustainably-produced foods is on the rise, and plant-based proteins are more popular than ever. People are making personal purchasing decisions based on sustainability and are aiming to make more health-conscious shopping decisions due to the pandemic, which has caused a significant shift in consumer expectations. In addition, the demand for popcorn with different flavors is also driving the market.

The global demand for ready-to-eat snacks is increasing, significantly affecting the food and beverage market. Ready-to-eat (RTE) products dominate the industry. An expanding range of exciting new flavors, consistent product development, and innovation attract consumers and are attributable to the increased demand for gourmet flavored RTE popcorn. Sea salt flavor, for instance, is becoming increasingly popular, and PepsiCo, Inc. is capitalizing on this trend with its Smartfood Delight Sea Salt Popcorn. Companies in the RTE popcorn industry are taking steps to increase market share with their attractive product packaging, diverse product portfolio, and promoting products on online platforms.

E-commerce or online retail has made popcorn accessible to consumers across various parts of the world. Due to increased internet usage and customer preference for shopping apps, major market participants are rapidly building e-commerce websites. Along with discounts and unique deals, online brands provide particular benefits to those who join their online community. The demand for microwave popcorn increased during the COVID-19 pandemic due to stay-at-home orders. In addition, as the percentage of households with microwaves has increased, so has the demand for microwaveable popcorn, which is another key factor driving the product demand.

Product Insights

The RTE product segment accounted for the maximum share of more than 74.00% of the global revenue in 2021. The rising consumption of RTE popcorn at home and in theatres, coupled with a rise in the spending capacity of consumers, is expected to drive the demand for RTE popcorn. The demand is also likely to be driven by the rising health consciousness among individuals. In addition, a growing range of new flavors, consistent product developments, and innovations attract consumers. In November 2021, AMC planned to open five popcorn stores in the first half of 2022, or counters, and/or kiosks in shopping malls in the U.S. including kiosks in select retail locations in malls across the nation.

In addition, AMC plans to supply microwaveable prepackaged and ready-to-pop popcorn to supermarkets and convenience stores around the country. On the other hand, the microwave product segment is expected to register the fastest growth rate, in terms of revenue, during the forecast period. The COVID-19 pandemic and the increasing affordability of electronic goods led to an increase in demand for microwave popcorn. In 2020, Pop Secret, a Campbell Snacks brand, was best-selling, with sales jumping 16.4% to USD 169.5 million.

Distribution Channel Insights

The B2C segment dominated the global industry in 2021 and accounted for the largest share of more than 69.50% of the total revenue. The segment is projected to expand further at the fastest growth rate retaining its leading position throughout the forecast years. People's buying habits have been significantly altered by the internet distribution channel, as well as by a variety of options available at supermarkets/hypermarkets & convenience stores, which offers benefits, such as doorstep service, simple payment options, substantial savings, and availability of a large choice of items on a single platform.

Global popcorn market share, by distribution channel, 2021 (%)

Due to increased internet usage and customer preference for shopping apps, major market participants are rapidly building e-commerce websites in potential areas. Consumer inclination towards e-commerce is expected to drive segment growth. In addition, the prices of products in supermarkets/hypermarkets vary according to brand, and customers have the option of selecting from a variety of brands to fit their budget. Consumer demand for salty snacks including popcorn has increased in product portfolio expansions at supermarkets and hypermarkets.

Regional Insights

North America accounted for the second-largest share of more than 24.55% of the overall revenue in 2021 due to a growing demand for salty snacks in the region. Owing to the rising popularity of healthy snacking, there has been a rise in the region's popcorn sector. Popcorn mix-ins like candy or dried cranberries are becoming increasingly popular, as are new flavors and healthier snacking options.

Popcorn Market Trends by Region

The category has seen innovation not just in terms of flavors but also in terms of addressing consumer preferences for healthy, all-natural, and clean-label products. In August 2019, Poppin Top Hat Popcorn introduced new flavors and offers its customers delicious, gourmet popcorn, all-occasion gift boxes, party favors, and custom creations. On the other hand, Asia Pacific is anticipated to register the fastest growth rate, in terms of revenue, during the forecast period. In July 2021, Husk, a vegan popcorn brand by Scottie Pippen launched an organic popcorn line with Kale and Broccoli, coconut water, and matcha flavors.

Key Companies & Market Share Insights

New product launches, innovations, geographical expansions, and mergers & acquisitions are some of the key strategies adopted by the industry players to strengthen their position in the market and gain a higher share. For example, in June 2022, Opopop introduced new Dill Pickle flavor popcorn kernels for summer 2022. The limited-edition Opopop Pickle Monster flavor has a distinctive and robust flavor that perfectly balances saltiness, spiciness, and dill. In July 2020, Popcorn Indiana introduced four new and enhanced popcorn flavors. Among the altered varieties are kettle corn, black & white drizzle corn, movie theatre butter, and aged white cheddar. Some of the prominent players in the global popcorn market include:

  • Campbell Soup Company

  • PepsiCo Inc.

  • Conagra Brands, Inc.

  • Weaver Popcorn, Inc.

  • Quinn Foods LLC

  • The Hershey Company

  • Eagle Family Foods Group LLC

  • PROPER Snacks


  • Intersnack Group GmbH & Co. KG.

Popcorn Market Report Scope

Report Attribute


Market size value in 2022

USD 5.64 billion

Revenue forecast in 2030

USD 13.53 billion

Growth rate

CAGR of 11.2% from 2022 to 2030 in terms of revenue

Base year for estimation


Historical data

2017 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD million/billion and CAGR from 2022 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, distribution channel, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country Scope

U.S.; U.K.; Germany; France; China; India; Japan; Brazil; South Africa

Key companies profiled

Campbell Soup Company; PepsiCo Inc.; Conagra Brands, Inc.; Weaver Popcorn Inc.; Quinn Foods LLC; The Hershey Company; Eagle Family Foods Group LLC; PROPER Snacks; JOLLY TIME; Intersnack Group GmbH & Co. KG

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Global Popcorn Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global popcorn market report based on product, distribution channel, and region:

Global Popcorn Market Segmentation

  • Product Outlook (Revenue, USD Million, 2017 - 2030)

    • Ready-To-Eat Popcorn

    • Microwave Popcorn

  • Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

    • B2B

    • B2C

      • Supermarkets/Hypermarkets

      • Convenience Stores

      • Online

  • Regional Outlook (Revenue, USD Million, 2017 - 2030)

    • North America

      • U.S.

    • Europe

      • U.K.

      • Germany

      • France

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

Frequently Asked Questions About This Report

gvr icn


gvr icn

This FREE sample includes data points, ranging from trend analyses to estimates and forecasts. See for yourself.

gvr icn


We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now

Certified Icon

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.