What is Global Pop Corn Machine Market?
The Global Pop Corn Machine Market is a fascinating sector to delve into. It's a market that revolves around the production and distribution of popcorn machines worldwide. These machines, which are used to pop corn kernels into fluffy, edible popcorn, come in various types and sizes, catering to both commercial and personal use. The market's value was estimated at US$ 292.7 million in 2023, and it's projected to reach US$ 365.9 million by 2030. This growth is driven by the increasing popularity of popcorn as a healthy snack option and the rising demand for advanced, efficient, and easy-to-use popcorn machines. The market is also influenced by factors such as technological advancements, changing consumer preferences, and the availability of different types of popcorn machines.
Electric Heating, Gas Heating in the Global Pop Corn Machine Market:
The Global Pop Corn Machine Market is segmented based on the type of heating used in the machines: Electric Heating and Gas Heating. Electric popcorn machines are popular due to their ease of use, efficiency, and safety features. They use electricity to heat the popcorn kernels, resulting in evenly popped popcorn. On the other hand, gas-heated popcorn machines are preferred for their quick heating time and ability to produce large quantities of popcorn. These machines use gas as a heat source, making them ideal for commercial use where large volumes of popcorn are needed. Both types of machines have their advantages and are chosen based on the user's needs and preferences.
Offline Sales, Online Sales in the Global Pop Corn Machine Market:
The Global Pop Corn Machine Market also varies based on the sales channels: Offline Sales and Online Sales. Offline sales refer to the traditional method of purchasing popcorn machines from physical stores. This method allows customers to physically inspect the product before purchasing, providing a sense of security. However, with the advent of technology, online sales have gained popularity. Online sales offer convenience as customers can browse through a wide range of products from the comfort of their homes and have them delivered to their doorstep. Despite the growing popularity of online sales, offline sales still account for a significant portion of the market.
Global Pop Corn Machine Market Outlook:
The market outlook for the Global Pop Corn Machine Market is promising. The introduction of hot air popcorn poppers in the late 1970s revolutionized the market. These machines produce popcorn with only 5% of its calories derived from fat, making it a healthier snack option. The market value, which stood at US$ 292.7 million in 2023, is expected to reach US$ 365.9 million by 2030, growing at a CAGR of 3.2%. In terms of sales channels, offline sales dominated the market in 2019, accounting for 66% of the total sales, while online sales accounted for 34%. This report provides a comprehensive analysis of the market, offering both quantitative and qualitative insights to help businesses strategize, assess the competitive landscape, and make informed decisions.
| Report Metric | Details |
| Report Name | Pop Corn Machine Market |
| Accounted market size in 2023 | US$ 292.7 million |
| Forecasted market size in 2030 | US$ 365.9 million |
| CAGR | 3.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Gold Medal Products, Cretors, Nostalgia, Great Northern Popcorn, Presto, Cuisinart (Conair), Whirley-Pop, Paragon, West Bend, Benchmark USA, Hamilton Beach, Waring Pro |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
