Middle East & Africa Popcorn Market Size & Outlook
Middle East & Africa popcorn market, 2018-2030 (US$M)
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MEA popcorn market highlights
- The MEA popcorn market generated a revenue of USD 271.7 million in 2023.
- The market is expected to grow at a CAGR of 8.1% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 271.7 million |
| Market revenue in 2030 | USD 467.3 million |
| Growth rate | 8.1% (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, MEA region accounted for 4.4% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Popcorn Market Scope
Popcorn Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & 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 71.95% in 2023. Horizon Databook has segmented the Middle East & Africa popcorn market based on microwave popcorn, ready-to-eat popcorn covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa popcorn market is expanding, driven by a blend of traditional flavors and modern snacking trends. As cinema culture and at-home entertainment grow in the region, popcorn has become an increasingly popular snack, both in public spaces and private settings.
The region's unique culinary traditions are influencing the popcorn market, leading to the creation of distinctive flavor profiles that cater to local tastes. One such example is the use of za'atar, a traditional Middle Eastern spice blend, to flavor popcorn.
This combination results in a tangy and herbal snack that resonates well with the region's palate. The popularity of za'atar-flavored popcorn reflects the region's trend of integrating cultural and culinary heritage into modern snack offerings, contributing to the market's growth in the Middle East & Africa.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa popcorn market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa popcorn market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA popcorn market size, by country, 2018-2030 (US$M)
Middle East & Africa Popcorn Market Outlook Share, 2023 & 2030 (US$M)
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