DUBLIN--(BUSINESS WIRE)--The "Popcorn Market by Type and End User - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
The global popcorn market was valued at $9,060 million in 2016, and is projected to reach $15,098 million by 2023, registering a CAGR of 7.6% from 2017 to 2023. In 2016, the household segment accounted for approximately five-sevenths of the share in the global market, in terms of value.
Popcorns are rich and concentrated sources of fiber, polyphenolic compounds, vitamin B complex, antioxidants, and various proteins. Increase in health consciousness among consumers coupled with health benefits of eating popcorn contribute to the growth of the popcorn market.
Significant rise in theatres and multiplexes in the developed countries leads to the growth of the popcorn market. Moreover, increase in number of microwaves have raised the demand for microwavable popcorn further driving the market growth.
In 2016, the household segment accounted for the highest market share. Factors such as growth in health consciousness and change in eating habits motivate consumers to opt for healthy convenience snack foods.
However, availability of other alternatives such as nuts, chips, pretzels, and yogurt are projected to restrict the growth of the popcorn market. Increase in disposable income and rise in the number of commercial places such as single theatres, multiplexes, stadiums, and others in emerging economies such as China, India, and Brazil are expected to provide lucrative opportunities for the popcorn manufacturers.
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Popcorn Market, By Type
Chapter 5: Popcorn Market, By End User
Chapter 6: Popcorn Market, By Region
Chapter 7: Company Profiles
- The Hershey Company (Amplify Snack Brands, Inc.)
- ConAgra Brands, Inc.
- Snyder's-Lance, Inc. (Diamond Food)
- Intersnack Group GmbH & Co. KG. (KP Snacks Limited)
- PepsiCo (Frito-Lay)
- Eagle Family Foods Group LLC (Popcorn, Indiana LLC)
- Quinn Foods LLC
- The Hain Celestial Group, Inc.
- Weaver Popcorn Company, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/9r3vnk/global_15_bn?w=4