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:
|
By Type: |
Hot Air Poppers
Microwave Popcorn Machine
Stovetop Popcorn Machine
Professional Popcorn Machine
|
|
By End User: |
Household
Commercial
|
|
By Distribution Channel: |
Direct
Indirect
|
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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Automatic Popcorn Machine Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automatic Popcorn Machine Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2020-2026
7.2. Global Automatic Popcorn Machine Market Size, Share and Forecast, By Type, 2027-2033
7.3. Hot Air Poppers
7.4. Microwave Popcorn Machine
7.5. Stovetop Popcorn Machine
7.6. 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, 2020-2026
8.2. Global Automatic Popcorn Machine Market Size, Share and Forecast, By End User, 2027-2033
8.3. Household
8.4. 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, 2020-2026
9.2. Global Automatic Popcorn Machine Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. Direct
9.4. 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-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profile
12.1. Paragon International, Inc.,
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Cretors & Co.,
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Gold Medals Products Co.,
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Great Northern Popcorn Company
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Nostalgia Products LLC
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Benchmark USA, Inc.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Snappy Popcorn Co.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Funtime Popcorn Machines
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Nordic Ware
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. West Bend Company
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope