Automatic Popcorn Machine Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Automatic Popcorn Machine Market Size- By Type, By End User, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: MACH2417 | Pages: 1 - 232 | Formats*: |
| Category : Equipment and Machinery | |||
Automatic Popcorn Machine Market Introduction and Overview
According to SPER Market Research, the Global Automatic Popcorn Machine Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Global Automatic Popcorn Machine Market, including market size and trends, product mix, applications, and supplier analysis. Popcorn is expected to continue to grow in popularity as a healthful snack item worldwide. The growing awareness among consumers of the various health advantages of popcorn is driving the trend. This whole grain snack can serve as a beneficial fiber supply.
Eating a diet rich in fiber lowers blood sugar, improves bowel motions, and lowers cholesterol. Popcorn also has polyphenols, which are beneficial to cardiovascular health. The popularity of popcorn machines is being fueled by individuals choosing popcorn as their go-to healthy snack in a number of settings, including parties and entertainment venues, thanks to its health benefits. In order to draw clients or end users, popcorn machine manufacturers work hard to provide user-friendly food processing machinery. Additionally, they are making sure that the machines are freely accessible through offline and online distribution channels to support market expansion. It is projected that the market will grow more quickly as popcorn machines use self-service dispensing technology more frequently.
- In 2023: Gold Medal introduced cashless popcorn vending machines with Ready Series technology. These cutting-edge popcorn vending machines have a push-button dispenser and are meant to deliver fresh popcorn. The cashless models of the Ready Series feature a preprogrammed payment mechanism.
- In 2023: The Hershey Company has agreed to buy Weaver Popcorn Manufacturing's two manufacturing sites. Weaver Popcorn is a co-manufacturer of Hershey's SkinnyPop brand that specializes in producing popcorn and co-packing.
Market Opportunities and Challenges
Growing consumer preference for homemade snacks over store-bought alternatives is a major driver propelling the popcorn makers market expansion. In line with the increased desire for healthier and customizable snack options, popcorn makers allow consumers to manufacture fresh and customized popcorn at home. Snacks that are viewed as healthier alternatives are in high demand as a result of the global movement towards healthy lives. Popcorn is seen as a healthy snack option when made with air poppers or other low-fat techniques. Customers are looking for easy ways to prepare healthy snack options at home, which has propelled the industry. The industry has grown as a result of constant innovation in popcorn maker features and designs, such as user-friendly interfaces, small sizes, and multiple functions. In order to attract tech-savvy customers, manufacturers are adopting cutting-edge technology like hot air popping and sophisticated controls to better the popcorn-making experience overall.
The initial cost required to purchase a popcorn maker might be a substantial barrier for some customers. High-quality commercial popcorn poppers with advanced features can be quite expensive, restricting market penetration, particularly among budget-conscious people or small enterprises. Popcorn machines, especially those with intricate patterns and moving parts, can be difficult to maintain. Consumers may be unwilling to invest in a product that requires frequent cleaning or complex maintenance, resulting in a drop in market demand.
Market Competitive Landscape
To remain competitive, leading companies in the global popcorn machine market are focused on adopting next-generation technologies and increasing their functions. Top popcorn machine manufacturers include Paragon International, Inc., Cretors & Co., Gold Medals Products Co., Great Northern Popcorn Company, Nostalgia Products LLC, Benchmark USA, Inc., Snappy Popcorn Co., Funtime Popcorn Machines, Nordic Ware, and West Bend Company.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By End User, By Distribution Channel |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Paragon International, Inc., Cretors & Co., Gold Medals Products Co., Great Northern Popcorn Company, Nostalgia Products LLC, Benchmark USA, Inc., Snappy Popcorn Co., Funtime Popcorn Machines, Nordic Ware, and West Bend Company. |
COVID-19 Impact on Global Automatic Popcorn Machine Market
The COVID-19 epidemic has had a major detrimental effect on the market for popcorn makers. Lockdowns, social distancing tactics, and prohibitions on public meetings have caused a dramatic drop in the market for popcorn makers. Popcorn machines are becoming less necessary in these situations as a result of movie theaters, entertainment venues, and events being postponed. Furthermore, consumers' reduction of discretionary spending has been brought on by financial limitations and economic worries throughout the epidemic, which has further impacted the market. Production slowed down, supply chain interruptions, and a decline in consumer purchasing power have all affected manufacturers and merchants. The market is facing challenges due to the general drop in consumer confidence and the shift in spending priorities away from non-essential items.
Key Target Audience:
- Cinemas and Movie Theaters
- Convenience Stores and Gas Stations
- Amusement Parks and Arcades
- Sporting Venues and Event Centers
- Schools and Universities
- Restaurants and Bars
- Caterers and Event Planners
- Hotels and Resorts
- Home Users
- Office Break Rooms and Pantries
Our in-depth analysis of the Automatic Popcorn Machine Market includes the following segments:
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| By End User: |
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| By Distribution Channel: |
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Key Topics Covered in the Report:
- Global Automatic Popcorn Machine Market (FY’2024-FY’2033)
- Overview of Global Automatic Popcorn Machine Market
- Segmentation of Global Automatic Popcorn Machine Market By Type(Hot Air Poppers, Microwave Popcorn Machine, Stovetop Popcorn Machine, Professional Popcorn Machine)
- Segmentation of Global Automatic Popcorn Machine Market By End User(Household, Commercial)
- Segmentation of Global Automatic Popcorn Machine Market By Distribution Channel(Direct, Indirect)
- Statistical Snap of Global Automatic Popcorn Machine Market
- Expansion Analysis of Global Automatic Popcorn Machine Market
- Problems and Obstacles in Global Automatic Popcorn Machine Market
- Competitive Landscape in the Global Automatic Popcorn Machine Market
- Impact of COVID-19 and Demonetization on Global Automatic Popcorn Machine Market
- Details on Current Investment in Global Automatic Popcorn Machine Market
- Competitive Analysis of Global Automatic Popcorn Machine Market
- Prominent Players in the Global Automatic Popcorn Machine Market
- SWOT Analysis of Global Automatic Popcorn Machine Market
- Global Automatic Popcorn Machine Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Automatic Popcorn Machine Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automatic Popcorn Machine Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automatic Popcorn Machine Market
7. Global Automatic Popcorn Machine Market, By Type (USD Million) 2020-2033
7.1. Global Automatic Popcorn Machine Market Size, Share and Forecast, By Type, 2020-20267.2. Global Automatic Popcorn Machine Market Size, Share and Forecast, By Type, 2027-20337.3. Hot Air Poppers7.4. Microwave Popcorn Machine7.5. Stovetop Popcorn Machine7.6. Professional Popcorn Machine
8. Global Automatic Popcorn Machine Market, By End User(USD Million) 2020-2033
8.1. Global Automatic Popcorn Machine Market Size, Share and Forecast, By End User, 2020-20268.2. Global Automatic Popcorn Machine Market Size, Share and Forecast, By End User, 2027-20338.3. Household8.4. Commercial
9. Global Automatic Popcorn Machine Market, By Distribution Channel(USD Million) 2020-2033
9.1. Global Automatic Popcorn Machine Market Size, Share and Forecast, By Distribution Channel, 2020-20269.2. Global Automatic Popcorn Machine Market Size, Share and Forecast, By Distribution Channel, 2027-20339.3. Direct9.4. Indirect
10. Global Automatic Popcorn Machine Market Forecast, 2020-2033 (USD Million)
10.1. Global Automatic Popcorn Machine Market Size and Market Share
11. Global Automatic Popcorn Machine Market, By Region, 2020-2033 (USD Million)
11.1. Global Automatic Popcorn Machine Market Size and Market Share By Region (2020-2026)11.2. Global Automatic Popcorn Machine Market Size and Market Share By Region (2027-2033)11.3. Asia-Pacific11.3.1. Australia11.3.2. China11.3.3. India11.3.4. Japan11.3.5. South Korea11.3.6. Rest of Asia-Pacific11.4. Europe11.4.1. France11.4.2. Germany11.4.3. Italy11.4.4. Spain11.4.5. United Kingdom11.4.6. Rest of Europe11.5. Middle East and Africa11.5.1. Kingdom of Saudi Arabia11.5.2. United Arab Emirates11.5.3. Qatar11.5.4. South Africa11.5.5. Egypt11.5.6. Morocco11.5.7. Nigeria11.5.8. Rest of Middle-East and Africa11.6. North America11.6.1. Canada11.6.2. Mexico11.6.3. United States11.7. Latin America11.7.1. Argentina11.7.2. Brazil11.7.3. Rest of Latin America
12. Company Profile
12.1. Paragon International, Inc.,12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Cretors & Co.,12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Gold Medals Products Co.,12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Great Northern Popcorn Company12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Nostalgia Products LLC12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Benchmark USA, Inc.12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Snappy Popcorn Co.12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Funtime Popcorn Machines12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Nordic Ware12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. West Bend Company12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments12.11. Others
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The key players in the market include Companies Covered Paragon International, Inc., Cretors & Co., Gold Medals Products Co., Great Northern Popcorn Company, Nostalgia Products LLC, Benchmark USA, Inc., Snappy Popcorn Co., Funtime Popcorn Machines, Nordic Ware, and West Bend Company.
Automatic Popcorn Machine Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Automatic Popcorn Machine Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Automatic Popcorn Machine Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Automatic Popcorn Machine Market size is XX billion from 2024 to 2033.
Automatic Popcorn Machine Market Segment is covered By Type, By End User, By Distribution Channel.
The North America anticipated to have the highest market share in the Automatic Popcorn Machine Market .
Consumers may be unwilling to invest in a product that requires frequent cleaning or complex maintenance, resulting in a drop in market demand.
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