Global Popcorn Machine Market Overview:
Nowadays the popcorn machine is getting popular lately. A popcorn machine or a popcorn maker is used for popping corn kernels. The primary reason for this is because the demand for popcorn has been increasing drastically over the past few years. The use of a popcorn machine, one can add the flavor of choice and the popcorn can be made in larger quantities. Popcorn is considered to be a healthy snack as it contains fewer calories due to minimal oil usage. With the booming theater business, and people referring to healthy snacks the market for the popcorn market is rising.
Growth Drivers
- Increase in Demand With The Rise In Consumption Of Homemade Popcorn
- Increased Product Developments In Terms Of New Flavors And Packaging Are Helping Vendors To Penetrate The Market
- People Have Started Buying Popcorn In Larger Quantities
Market Trends
- Digital Temperature Control Feature in Popcorn Machines
- Product Innovation
Roadblocks
- High Cost Associated With Popcorn Machine
Challenges
- Competition From Other Snack Categories
Competitive Landscape:
The Popcorn Machine market is moderately fragmented due to a few established players accounting for the major market shares. These key players are competing with each other through innovations in product design and marketing to gain popularity in the market. The companies are seeking ways to reduce cost, improve product quality and production efficiency.
Some of the key players profiled in the report are Conair Corporation (United States), The Legacy Companies (United States), Wabash Valley Farms (United States), Nordic Ware (United States) and Hamilton Beach Brands (United States). Additionally, following companies can also be profiled that are part of our coverage like National Presto Industries, Great Northern Popcorn Company and Jarden Consumer Solutions. Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Popcorn Machine market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Popcorn Machine market.
What Can be Explored with the Popcorn Machine Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Popcorn Machine Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Popcorn Machine
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Popcorn Machine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Popcorn Machine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.