Gourmet Popcornica slashes India's popcorn maize imports from 70% to 15%, doubles domestic output
Chennai-based Gourmet Popcornica has scaled contract farming to 17,500 farmers across 36,000 acres, lifting domestic popcorn maize output to 85,000 tonnes of a 1.3 lakh tonne market. The company supplies 2,200 cinemas and is on track for ₹400 crore revenue in 2025, backed by 45,000 tonnes of cold storage.
What happened
Gourmet Popcornica has cut India's popcorn maize imports from 70% to 15% by scaling contract farming with 17,500 farmers on 36,000 acres, supplying 2,200
Key facts
- 70% to 15% imports
- 1.3 lakh tonnes market
- 85,000 tonnes domestic
- 17,500 farmers
- 36,000 acres
- 2,200 cinemas
- ₹400 crore revenue 2025
- 45,000 tonnes cold storage
Why this matters
Gourmet Popcornica's lock on 65% of India's popcorn maize supply and exclusive cinema relationships make it a strategic asset for global snack majors or QSR chains seeking sourcing security in the Indian F&B chain.
Also reported by
- BL · Consumer & Economy — Same time