India Popcorn Market Size & Outlook, 2023-2030
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India popcorn market highlights
- The India popcorn market generated a revenue of USD 136.3 million in 2023 and is expected to reach USD 302.8 million by 2030.
- The India market is expected to grow at a CAGR of 12.1% 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.
Popcorn market data book summary
| Market revenue in 2023 | USD 136.3 million |
| Market revenue in 2030 | USD 302.8 million |
| Growth rate | 12.1% (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, India accounted for 2.2% 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 Asia Pacific, China popcorn market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 302.8 million by 2030.
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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 |
India 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 73.59% in 2023. Horizon Databook has segmented the India popcorn market based on microwave popcorn, ready-to-eat popcorn covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian popcorn market has seen remarkable growth, driven by the country's deep-rooted love for food and movies. As cinema culture continues to thrive, popcorn has cemented its place as the quintessential snack for moviegoers across India.
As per an article published in HT Digital Streams Ltd., in December 2022, popcorn consumption in Indian theatres reached 863 metric tons, underscoring its popularity among cinema audiences.
According to the Cinema Food Report by Inox Leisure Ltd., if all the popcorn tubs sold in 2022 were stacked atop each other, the stack would extend 1,032 kilometers into space, highlighting the sheer volume of popcorn consumed.
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Horizon Databook provides a detailed overview of country-level data and insights on the India popcorn market , including forecasts for subscribers. This country databook contains high-level insights into India popcorn market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India popcorn market size, by type, 2018-2030 (US$M)
India Popcorn Market Outlook Share, 2023 & 2030 (US$M)
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