Report : North America 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)
Flavored Segment to Dominate North America Frozen Waffles Market during 2020–2028
According to a new market research study on “North America Frozen Waffles Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Category, and Distribution Channel” is expected to reach US$ 1,765.75 million by 2028 from 1,217.09 US$ million in 2021. The market is estimated to grow at a CAGR of 5.5% from 2021 to 2028. The report provides trends prevailing in the North America frozen waffles market along with the drivers and restraints pertaining to the market growth. Rising demand for frozen and convenience food is the major factor driving the growth of the North America frozen waffles market. However, issues associated with high preference for traditional breakfast products hinders the growth of North America frozen waffles market.
North America 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 North America 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 North America 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 North America frozen waffles market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2020.
Avieta S.A.; B Boys LLC DBA Belgian Boys; Deligout; Dely Wafels; Julian’s Recipe, LLC.; Kellogg Company; Kodiak Cakes, LLC; MAKE Each Day Delicious LLC; and Vans Foods are among the leading companies in the North America frozen waffles market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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