The Ready-To-Eat (RTE) Popcorn Market is being driven by Expansion of retail stores
The Ready-To-Eat (RTE) Popcorn Market is expected to grow at a CAGR of 8.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3923.7 million. In the evolving snack landscape, consumers, particularly the millennial demographic, exhibit a growing preference for experimentation and novelty in savory snacks. To cater to this trend, manufacturers are prioritizing product innovation, brand extension, and the launch of new RTE popcorn brands. The global market for RTE popcorn is highly competitive, necessitating continuous product development and innovation to ensure market sustainability. Companies are capitalizing on the increasing health consciousness among consumers, particularly in Europe and the Americas, by introducing various product offerings, such as fruit-flavored chutney popcorn and barbecue popcorn, to cater to the demand for ethnic and exotic flavors.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
227 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.5% |
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Market growth 2025-2029 |
USD 3923.7 million |
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Market structure |
fragmentation |
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YoY growth 2024-2025(%) |
7.7 |
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Key countries |
US, Canada, China, UK, Germany, France, India, Japan, The Netherlands, and Italy |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Ready-To-Eat (RTE) Popcorn Market encompasses various types of popcorn, including air-popped and gourmet, as well as popcorn toppings such as caramel, cheese, candy, protein, and nutritional value concerns like calorie, fat, sodium, fiber, and antioxidant content. Production, processing, distribution, and supply chain management are crucial industry aspects, with trends shaping market share, consumer behavior, purchasing habits, brand preferences, product development, and packaging design influencing popcorn's sensory experience.
The Ready-To-Eat (RTE) popcorn market is a segment of the global packaged foods market, encompassing vendors specializing in popcorn kernels, microwave popcorn, and pre-popped popcorn. Market size is determined by the consolidated revenue of these entities. Technavio's analysis excludes equipment manufacturers and producers of alcoholic and non-alcoholic beverages. Market expansion will be fueled by the health benefits of minimally processed foods, such as popcorn, which offer nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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