Popcorn Makers: Market Outlook
A popcorn maker has gained a massive traction over the historical years due to its usage in popping corn kernels. Features including durability, compact design, appealing look, and cost-effectiveness are anticipated to accelerate popcorn maker's market sales among various end-users including commercial and residential.
Moreover, popcorn maker is easy to operate and requires less maintenance. Such factors are likely to boost popcorn demand growth globally during the forecast period.
Technological advances such as internal LED lighting, interactive display systems and automated temperature controller is likely to create a positive impact on demand, making the product simpler and more comfortable to use.
In addition, growing numbers of restaurants, movie theatres, supermarkets, and cafes have made a critical contribution to popcorn maker market growth.
The Simplicity and Functionality of Popcorn Maker Boost the Sales
Consumers are now more conscious regarding their diets, as they engage in a holistic approach to health and well-being that encompasses almost every aspect of life.
Growing urbanization and industrialization has maintained busy, hectic lives. Such quick behaviours have also established modern eating patterns which differ from traditional three-square meals.
Whenever customers get hungry, they swing back to snacks, and mostly opt for good snacks, because of which consumers are gradually turning to popcorn as a better option for snacks. Because of popcorn maker gearing up a quick popcorn without spending much time in preparing food has become easy for a customer.
However, increasing population, rising number of households, improving living standards, and growing disposable income are expected to accelerate the market during the forecast period.
Surge in Product Innovation to Propel the Popcorn Maker Market
Most traditional popcorn makers are fitted with old analog temperature controls. Popular Steel Industries has however recently launched a new popcorn maker that uses a digital temperature controller. This innovation is more appropriate for firms in hospitality, as they are expected to preserve their taste and quality.
Owing to the introduction of new flavored products, the global popcorn maker industry has seen a surge in revenue in the last two years.
- In 2016, PepsiCo, one of the global food & Beverage industry launched its popcorn intensive brand named Pop works and company. The brand offers new innovative flavors including apple pie, peanut butter and caramel, sticky toffee pudding.
Global Popcorn Makers: Key Players
Some of the market participants operating in the global popcorn makers market are
- Focus Products
- Nostalgia Electrics
- Wabash Valley Farms
- Gold Medal Products
- Sanyei Corporation
- Paragon-Manufactured Fun
- West Bend
- Orbit Electrodomestic
- Skyline Home Appliances
Sales through e-Commerce Gaining Rapid Momentum Creating Opportunities for New Players in Popcorn Makers Market
As more consumers use mobile devices to order groceries and other food items, e-Commerce continues to gain rapid traction around the world. Rapid digitalization has resulted in a strong penetration of e-commerce in APEJ countries, with China leading with a high market share.
Online sales thorough e-Commerce have added a lot of pressure to the industry and allowed it to grow with a better sales channel in a new way.Traditional retail models are still used for sales so any company / person sitting in any part of the world can buy oral supplements from suppliers via e-Commerce websites.
A customer gets a wide range of goods and choices in terms of price, quantity, and means of transportation via e-Commerce websites.Additionally, other factors projected to drive market growth to a large degree are convenience associated with convenient access and payment choices for online transactions, free home delivery, and return or swap policies.
Various e-Commerce companies compete in the region by introducing their own label claims to expand their reach in the market. Popcorn maker sales through e-Commerce are expected to gain rapid traction in the coming years and are expected to drive market growth over the forecast period.
The study is a source of reliable data on:
- Popcorn makers market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America
- Latin America
- East Asia Pacific
- South Asia
- Middle East and Africa
The popcorn makers market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the popcorn makers market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Popcorn Makers market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the popcorn makers market
- Recommendations to companies for strengthening their foothold in the popcorn makers market
Global Popcorn Makers: Market Segmentation
By product Type
- Microwave popcorn makers
- Hot air popcorn maker
- Stovetop popcorn maker
By Power Source
- Movies halls
- Shopping complexes
By Distribution Channel
- B2B/Direct sales
- B2C/Indirect sales
- Speciality store
- Muti-brand retailers
- Online retail
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