MRC Announces the Publication of its Research Report – Global Popcorn Machine Market 2017-2021
MRC recognizes the following companies as the key players in the global popcorn machine market: Conair Corporation, The Legacy Companies, National Presto Industries, Nostalgia Products, and Wabash Valley Farms.
Other Prominent Vendors in the market are: Great Northern Popcorn Company, Jarden Consumer Solutions, Hamilton Beach Brands, and Nordic Ware.
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is digital temperature control feature in popcorn machines. Most conventional popcorn machines have old analog temperature controllers. However, in recent times, Popular Steel Industries introduced a new popcorn machine which uses a digital temperature controller. This technology is more suitable for hospitality businesses as they are required to maintain their quality and taste throughout.”
According to the report, one driver in the market is surge in product innovation. Over the past two years, the global popcorn machine market has seen a surge in sales due to the launch of innovative flavored products. For instance, in 2016, PepsiCo, a leader in the food and beverages market launched a popcorn-intensive brand called Pop Works and Company. This brand offers new flavors of popcorn like sticky toffee pudding, peanut butter and caramel, sweet-salty, and apple pie. In December 2016, Popcorn Indiana, a US-based manufacturer of popcorn, launched a new Peppermint-flavored variety called New Dark Fudge Peppermint Drizzle corn.
Get sample copy of this report @ https://marketreportscenter.com/request-sample/565062MRC recognizes the following companies as the key players in the global popcorn machine market: Conair Corporation, The Legacy Companies, National Presto Industries, Nostalgia Products, and Wabash Valley Farms.
Other Prominent Vendors in the market are: Great Northern Popcorn Company, Jarden Consumer Solutions, Hamilton Beach Brands, and Nordic Ware.
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is digital temperature control feature in popcorn machines. Most conventional popcorn machines have old analog temperature controllers. However, in recent times, Popular Steel Industries introduced a new popcorn machine which uses a digital temperature controller. This technology is more suitable for hospitality businesses as they are required to maintain their quality and taste throughout.”
According to the report, one driver in the market is surge in product innovation. Over the past two years, the global popcorn machine market has seen a surge in sales due to the launch of innovative flavored products. For instance, in 2016, PepsiCo, a leader in the food and beverages market launched a popcorn-intensive brand called Pop Works and Company. This brand offers new flavors of popcorn like sticky toffee pudding, peanut butter and caramel, sweet-salty, and apple pie. In December 2016, Popcorn Indiana, a US-based manufacturer of popcorn, launched a new Peppermint-flavored variety called New Dark Fudge Peppermint Drizzle corn.
Further, the report states that one challenge in the market is decline in microwave popcorn industry. The microwave popcorn segment has witnessed a sharp decline in popularity and revenues over the last decade. The microwave popcorn market in the US was valued at $1.4 billion in 2016, while it was valued at $1.6 billion in 2011. The growing awareness of benefits of leading a healthy lifestyle and rising health concerns over the consumption of excessive amounts of oil, preservatives, and fats that are added in popcorn to make them microwaveable, are the main reasons leading to the decline in the demand for microwave popcorn.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Check Discount on Report @ https://marketreportscenter.com/request-discount/565062The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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