The United States has become the top producer and consumer of popcorn worldwide, in part due to the growth of ready-to-eat popcorn over the past five years. The Popcorn Production industry has recovered from recessionary lows as increasing per capita disposable incomes and falling corn prices have benefited industry operators. However, increasingly health-conscious consumers have become wary of eating high-calorie and high-sodium popcorn varieties and have become cautious of the effects that microwaves have on food products. Over the five years to 2022, IBISWorld anticipates the industry to continue growing as popcorn is cemented as a healthy alternative to other snack products and operators continue to develop flavorful, nutritious products. Although certain commodities and downstream markets are susceptible to volatility, this industry has exhibited its ability to weather the storm due to popcorn's timeless appeal in the American household.
Companies in this industry produce popcorn, including microwaveable, ready-to-eat and other consumer packages of unpopped popcorn.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.