Asia Pacific Frozen Waffles Market Forecast to 2028

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)

Report Code : BMIRE00025310 | Region : Asia Pacific | Industry : Food and Beverages | Published Date : 12/Jul/2022

The frozen waffles market in Asia Pacific is expected to grow from US$ 533.31 million in 2021 to US$ 799.43 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

There has been a massive transformation in the organized retail sector recently. The emergence of e-commerce resulted in considerable changes in the way people shop and spend their money. The increasing penetration of smartphones and the internet, easy access to emerging technologies, rising purchasing power, and convenience provided by online retail platforms of shopping from anywhere are key factors driving the growth of e-commerce platforms. The online sales of food and beverages increased significantly during the COVID-19 pandemic due to the closure of brick-and-mortar stores and government restrictions. As individuals were first constrained by lockdowns and continued to work from home, online shopping was substantially shifted. Another factor influencing the consumer to shop online includes heavy discounts, availability of various products of different brands under one roof, and home delivery options. With the rising penetration of e-commerce across different geographies, the manufacturers of frozen waffles are also enhancing their online presence by selling their products through well-known e-commerce platforms such as Amazon.com, Lidl, and Walmart. This factor is further expected to drive the growth of the frozen waffles market over the coming years.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific frozen waffles market. The Asia Pacific frozen waffles market is expected to grow at a good CAGR during the forecast period.

Asia Pacific Frozen Waffles Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Frozen Waffles Market Segmentation

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 as Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific.

Avieta S.A.; Dely Wafels; Julian’s Recipe, LLC; and Kellogg Company are among the leading companies in the frozen waffles market in the region.

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.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

4. APAC Frozen Waffles Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

4.4 Value Chain Analysis

4.4.1 Raw Material

4.4.2 Manufacturing/Processing

4.4.3 Packaging

5. APAC Frozen Waffles Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Frozen and Convenience Food at Very High Demand

5.1.2 In-Home Consumption Becoming New Trend

5.2 Market Restraints

5.2.1 High Preference for Traditional Breakfast Products in Selected Countries

5.3 Market Opportunities

5.3.1 Ongoing Product Innovation

5.4 Future Trends

5.4.1 Rising Popularity of E-commerce

5.5 Impact Analysis of Drivers and Restraints

6. Frozen Waffles Market – APAC Analysis

6.1 APAC Frozen waffles Market Overview

6.2 APAC Frozen Waffles Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Frozen Waffles Market Analysis – By Type

7.1 Overview

7.2 APAC Frozen Waffles Market, By Type (2020 and 2028)

7.3 Flavoured

7.3.1 Overview

7.3.2 Flavored: Frozen Waffles Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Unflavored/Plain

7.4.1 Overview

7.4.2 Unflavored/Plain: Frozen Waffles Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Frozen Waffles Market Analysis – By Category

8.1 Overview

8.2 APAC Frozen Waffles Market, By Category (2020 and 2028)

8.3 Gluten-free

8.3.1 Overview

8.3.2 Gluten-free: Frozen Waffles Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Conventional

8.4.1 Overview

8.4.2 Conventional: Frozen Waffles Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Frozen Waffles Market Analysis – By Distribution Channel

9.1 Overview

9.2 APAC Frozen Waffles Market, By Distribution Channel (2020 and 2028)

9.3 Supermarkets and Hypermarkets

9.3.1 Overview

9.3.2 Supermarkets and Hypermarkets: Frozen Waffles Market– Revenue and Forecast to 2028 (US$ Million)

9.4 Convenience Stores

9.4.1 Overview

9.4.2 Convenience Stores: Frozen Waffles Market– Revenue and Forecast to 2028 (US$ Million)

9.5 Online Retail

9.5.1 Overview

9.5.2 Online Retail: Frozen Waffles Market– Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Frozen Waffles Market– Revenue and Forecast to 2028 (US$ Million)

10. APAC Frozen Waffles Market – Country Analysis

10.1 Overview

10.1.2 APAC Frozen Waffles Market Breakdown, by Key Countries

10.1.2.1 Australia Frozen Waffles Market Revenue Forecasts to 2028 (US$ Million)

10.1.2.1.1 Australia Frozen Waffles Market Breakdown by Type

10.1.2.1.2 Australia Frozen Waffles Market Breakdown by Category

10.1.2.1.3 Australia Frozen Waffles Market Breakdown by Distribution Channel

10.1.2.2 China Frozen Waffles Market Revenue Forecasts to 2028 (US$ Million)

10.1.2.2.1 China Frozen Waffles Market Breakdown by Type

10.1.2.2.2 China Frozen Waffles Market Breakdown by Category

10.1.2.2.3 China Frozen Waffles Market Breakdown by Distribution Channel

10.1.2.3 India Frozen Waffles Market Revenue Forecasts to 2028 (US$ Million)

10.1.2.3.1 India Frozen Waffles Market Breakdown by Type

10.1.2.3.2 India Frozen Waffles Market Breakdown by Category

10.1.2.3.3 India Frozen Waffles Market Breakdown by Distribution Channel

10.1.2.4 Japan Frozen Waffles Market Revenue Forecasts to 2028 (US$ Million)

10.1.2.4.1 Japan Frozen Waffles Market Breakdown by Type

10.1.2.4.2 Japan Frozen Waffles Market Breakdown by Category

10.1.2.4.3 Japan Frozen Waffles Market Breakdown by Distribution Channel

10.1.2.5 South Korea Frozen Waffles Market Revenue Forecasts to 2028 (US$ Million)

10.1.2.5.1 South Korea Frozen Waffles Market Breakdown by Type

10.1.2.5.2 South Korea Frozen Waffles Market Breakdown by Category

10.1.2.5.3 South Korea Frozen Waffles Market Breakdown by Distribution Channel

10.1.2.6 Rest of APAC Frozen Waffles Market Revenue Forecasts to 2028 (US$ Million)

10.1.2.6.1 Rest of APAC Frozen Waffles Market Breakdown by Type

10.1.2.6.2 Rest of APAC Frozen Waffles Market Breakdown by Category

10.1.2.6.3 Rest of APAC Frozen Waffles Market Breakdown by Distribution Channel

11. Company Profiles

11.1 Kellogg's Company

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 DELY Wafels

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 AVIETA S.A.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Julian's Recipe, LLC.

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Word Index

LIST OF TABLES.

Table 1.             APAC Frozen Waffles Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Australia Frozen Waffles Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 3.             Australia Frozen Waffles Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 4.             Australia Frozen Waffles Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 5.             China Frozen Waffles Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 6.             China Frozen Waffles Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 7.             China Frozen Waffles Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 8.             India Frozen Waffles Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 9.             India Frozen Waffles Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 10.          India Frozen Waffles Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 11.          Japan Frozen Waffles Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 12.          Japan Frozen Waffles Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 13.          Japan Frozen Waffles Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 14.          South Korea Frozen Waffles Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 15.          South Korea Frozen Waffles Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 16.          South Korea Frozen Waffles Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 17.          Rest of APAC Frozen Waffles Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 18.          Rest of APAC Frozen Waffles Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 19.          Rest of APAC Frozen Waffles Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 20.          List of Abbreviation

LIST OF FIGURES.

Figure 1.           APAC Frozen Waffles Market Segmentation

Figure 2.           APAC Frozen Waffles Market Segmentation – By Country

Figure 3.           APAC Frozen Waffles Market Overview

Figure 4.           APAC Frozen Waffles Market: By Type

Figure 5.           APAC Frozen Waffles Market: By Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Expert Opinion

Figure 8.           Value Chain: APAC Frozen Waffles Market

Figure 9.           APAC Frozen Waffles Market Impact Analysis of Drivers and Restraints

Figure 10.        APAC: Frozen Waffles Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        APAC Frozen Waffles Market Revenue Share, By Type (2020 and 2028)

Figure 12.        APAC Flavored: Frozen Waffles Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13.        APAC Unflavored/Plain: Frozen Waffles Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.        APAC Frozen Waffles Market Revenue Share, By Category (2020 and 2028)

Figure 15.        APAC Gluten-free: Frozen Waffles Market – Revenue and Forecast To 2028 (US$ Million)

Figure 16.        APAC Conventional: Frozen Waffles Market – Revenue and Forecast To 2028 (US$ Million)

Figure 17.        APAC Frozen Waffles Market Revenue Share, By Distribution Channel (2020 and 2028)

Figure 18.        APAC Supermarkets and Hypermarkets: Frozen Waffles Market– Revenue and Forecast To 2028 (US$ Million)

Figure 19.        APAC Convenience Stores: Frozen Waffles Market– Revenue and Forecast To 2028 (US$ Million)

Figure 20.        APAC Online Retail: Frozen Waffles Market– Revenue and Forecast To 2028 (US$ Million)

Figure 21.        APAC Others: Frozen Waffles Market– Revenue and Forecast To 2028 (US$ Million)

Figure 22.        APAC Frozen Waffles Market, by Key Country - Revenue (2020) (US$ Million)

Figure 23.        APAC Frozen Waffles Market Breakdown by Key Countries, 2020 & 2028 (%)

Figure 24.        Australia Frozen Waffles Market Forecasts to 2028 (US$ Million)

Figure 25.        China Frozen Waffles Market Forecasts to 2028 (US$ Million)

Figure 26.        India Frozen Waffles Market Forecasts to 2028 (US$ Million)

Figure 27.        Japan Frozen Waffles Market Forecasts to 2028 (US$ Million)

Figure 28.        South Korea Frozen Waffles Market Forecasts to 2028 (US$ Million)

Figure 29.        Rest of APAC Frozen Waffles Market Forecasts to 2028 (US$ Million)

The List of Companies - Asia Pacific Frozen Waffles Market

● Avieta S.A.

● Dely Wafels

● Julian’s Recipe, LLC.

● Kellogg Company

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC frozen waffles market

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the APAC frozen waffles market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the frozen waffles market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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