Report : Asia Pacific Frozen Waffles Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Flavored and Unflavored/Plain), Category (Gluten-free and Conventional), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)
Conventional Segment to Dominate Asia Pacific Frozen Waffles Market during 2020–2028
According to a new market research study on “Asia Pacific Frozen Waffles Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Category, and Distribution Channel” is expected to reach US$ 799.43 million by 2028 from 553.31 US$ million in 2021. The market is estimated to grow at a CAGR of 6.0% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific frozen waffles market along with the drivers and restraints pertaining to the market growth. Rising popularity E-commerce is the major factor driving the growth of the Asia Pacific frozen waffles market. However, issues associated with high preference for traditional breakfast products hinders the growth of Asia Pacific frozen waffles market.
Asia Pacific frozen waffles market is segmented into product type, category, distribution channel and country. Based on type, the frozen waffles market is segmented into flavored and unflavored/plain. The flavored segment accounted for a larger market share in 2020 and is expected to register a higher CAGR during the forecast period. On the basis of category, the Asia Pacific frozen waffles market is bifurcated into gluten-free and conventional. The conventional segment accounted for a larger market share in 2020. By distribution channel, the Asia Pacific frozen waffles market is divided into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment accounted for the largest market share in 2020. Based on country, the Asia Pacific frozen waffles market is segmented into Australia, China, India, Japan, South Korea, and Rest of the Asia Pacific.
Avieta S.A.; Dely Wafels; Julian’s Recipe, LLC; Kellogg Company are among the leading companies in the APAC frozen waffles market.
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