North America Frozen Waffle Market Forecast to 2030

North America Frozen Waffle Market Forecast to 2030 – 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)

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Description

The North America frozen waffle market is expected to grow from US$ 1,353.87 million in 2023 to US$ 2,036.58 million by 2030. It is estimated to grow at a CAGR of 6.0% from 2023 to 2030.
Surging Demand for Frozen and Convenience Food in North America Frozen Waffles Market
Over the past few years, the lifestyle of people globally evolved dramatically. Due to hectic work schedules, people are looking for products that save time and effort. Consumers prefer ready-to-eat, microwavable, and ready-to-prepare food products as they are highly suitable for on-the-go consumption and require minimal preparation time. These factors are significantly boosting the demand for convenience food among consumers. Moreover, the increasing women’s population, high per capita income, and rising middle-class population are key factors driving the growth of convenience food consumption globally.
The number of single or two-person households is growing in various developed nations such as the US and Canada. According to The United States Census Bureau, there were 37.9 million single-person households in the US in 2022, accounting for 29% of all households. Due to the growing number of nuclear families, the demand for ready-to-eat, portion-controlled food increased. The market for frozen food products is also growing as they have extended shelf-life, are suitable for single-person consumption, and can be prepared quickly, according to the ‘Power of Frozen’ report published by the American Frozen Food Institute and Food Industry Association, frozen food sales in the US increased by 21% in 2022. Frozen breakfast products such as pancakes, waffles, and breakfast cereals are gaining massive traction among consumers owing to the convenience of these products related to preparation and consumption. Thus, the rising demand for convenience food and frozen food products is driving the growth of the North America frozen waffles market.
North America Frozen Waffle Market Overview
North America is one of the most significant regions for the frozen waffles market due to the populace’s increasing adoption of snack products. The rising marketing campaigns are the key factor driving the market’s expansion in the US. Manufacturers rely extensively on marketing strategies such as advertising and product promotions to increase sales. Manufacturers use electronic and print media to promote their brands and products. For example, in 2017, the Netflix series Stranger Things featured Kellogg Company’s Eggo brand frozen waffles. This has resulted in a considerable increase in sales of frozen waffles for the company. An upsurge in demand among all age groups drives the market growth in this region.
North America Frozen Waffle Market Revenue and Forecast to 2030 (US$ Million)

North America Frozen Waffle Market Segmentation
The North America frozen waffle market is segmented into type, category, and distribution channel, and country.
Based on type, the North America frozen waffle market is segmented into flavored and unflavored/plain. The flavored segment held a larger share of the North America frozen waffle market in 2023.
Based on end category, the North America frozen waffle market is segmented into gluten free and conventional. The conventional segment held the largest share of the North America frozen waffle market in 2023.
Based on distribution channel, the North America frozen waffle market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share of the North America frozen waffle market in 2023.
Based on country, the North America frozen waffle market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America frozen waffle market in 2023.
AVIETA S.A., B Boys LLC DBA Belgian Boys, Dely Wafels SRL, Julian’s Recipe LLC, Kellogg’s Company, Kodiak Cakes, LLC, Make Each Day Delicious LLC, Nature’s Path Foods, and Van’s Foods are some of the leading companies operating in the North America frozen waffles market.

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At 6.0% CAGR, the North America Frozen Waffle Market is speculated to be worth US$ 2,036.58 million by 2030, saysthe research team
According tothe research team research, the North America frozen waffle market was valued at US$ 1,353.87 million in 2023 and is expected to reach US$ 2,036.58 million by 2030, registering a CAGR of 6.0% from 2023 to 2030. Surging demand for frozen and convenience food worldwide and rising trend of in-home consumption are the critical factors attributed to the North America frozen waffle market expansion.
The COVID-19 pandemic influenced the consumption habits of consumers. Due to lockdowns and work-from-home mandates, people stayed home, prompting in-home consumption. Moreover, due to the closure of food service outlets such as cafes, restaurants, and fast-food outlets, the demand for ready-to-cook products, instant meals, and frozen food products increased significantly.
The COVID-19 pandemic significantly raised hygiene concerns among consumers, leading to changes in consumer buying behavior. Consumers increasingly prefer hygienically packaged food and beverages to prevent themselves from various infections and food-borne diseases. Although the number of COVID-19 cases has decreased significantly and the government restrictions are relaxed, many people are still concerned about hygiene conditions at foodservice outlets. Therefore, many people prefer in-home consumption over food service consumption. This factor positively impacts the sales of frozen breakfast products such as waffles and pancakes as they are highly suitable for in-home consumption. Frozen waffles are increasing in popularity among consumers as they are quick, easy to prepare, and conveniently consumed at home. Thus, the rising trend of in-home consumption, especially post-COVID-19 outbreak, is significantly boosting the demand for frozen waffles.
On the contrary, growing awareness and preference for healthy food in selected countries hampers the North America Frozen Waffle Market.
Based on type, the North America frozen waffle market is segmented into flavored and unflavored/plain. The flavored segment held 78.4% share of North America frozen waffle market in 2023, amassing US$ 1,060.90 million. It is projected to garner US$ 1,613.17 million by 2030 to expand at 6.2% CAGR during 2023–2030.
Based on category, the North America frozen waffle market is segmented into gluten-free and conventional. The conventional segment held 81.5% share of North America frozen waffle market in 2023, amassing US$ 1,103.31 million. It is projected to garner US$ 1,646.28 million by 2030 to expand at 5.9% CAGR during 2023–2030.
Based on distribution channel, the North America frozen waffle market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held 51.6% share of North America frozen waffle market in 2023, amassing US$ 699.17 million. It is projected to garner US$ 1,027.05 million by 2030 to expand at 5.6% CAGR during 2023–2030.
Based on country, the North America frozen waffle market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 89.7% share of North America frozen waffle market in 2023. It was assessed at US$ 1,213.83 million in 2023 and is likely to hit US$ 1,816.89 million by 2028, exhibiting a CAGR of 5.9% during the forecast period.
Key players operating in the North America frozen waffle market are AVIETA S.A., B Boys LLC DBA Belgian Boys, DELY Wafels srl, Julian’s Recipe LLC, Kellogg’s Company, Kodiak Cakes, LLC, Make Each Day Delicious LLC, Nature’s Path Foods, and Van’s Foods, among others.
In April 2023, Kellogg expanded its Eggo lineup with three new flavors: Eggo Vanilla Bean Grab & Go waffles, Eggo Chocolatey Chip Banana waffles, and Eggo Berry Blast Mini Toast waffles. The Eggo Vanilla Bean Grab & Go is a Liege-style waffle. This is a Belgian-inspired street food staple with brioche dough and baked through with bits of pearl sugar, butter, and a vanilla flavor infusion.

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TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 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. North America 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 The 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. North America Frozen Waffles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Demand for Frozen and Convenience Food
5.1.2 Rising Trend of In-Home Consumption
5.2 Market Restraints
5.2.1 Growing Awareness and Preference for Healthy Food
5.3 Market Opportunities
5.3.1 Product Innovation
5.4 Future Trends
5.4.1 Rising Growth of E-commerce
5.5 Impact Analysis of Drivers and Restraints
6. Frozen Waffles – North America Market Analysis
6.1 North America Frozen Waffles Market Overview
6.2 North America Frozen Waffles Market –Revenue and Forecast to 2030 (US$ Million)
7. North America Frozen Waffles Market Analysis – By Type
7.1 Overview
7.2 North America Frozen Waffles Market, By Type (2022 and 2030)
7.3 Flavored
7.3.1 Overview
7.3.2 Flavored: North America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Unflavored/Plain
7.4.1 Overview
7.4.2 Unflavored/Plain: North America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Frozen Waffles Market Analysis – By Category
8.1 Overview
8.2 North America Frozen Waffles Market, By Category (2022 and 2030)
8.3 Gluten-free
8.3.1 Overview
8.3.2 Gluten-free: North America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Frozen Waffles Market Analysis – By Distribution Channel
9.1 Overview
9.2 North America Frozen Waffles Market, By Distribution Channel (2022 and 2030)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: North America Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.2 Convenience Stores: North America Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
10. North America Frozen Waffles Market – Country Analysis
10.1 Overview
10.1.1 North America Frozen Waffles Market Breakdown by Key Countries
10.1.1.1 US: Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.1.1.1.1 US: Frozen Waffles Market Breakdown by Type
10.1.1.1.2 US: Frozen Waffles Market Breakdown by Category
10.1.1.1.3 US: Frozen Waffles Market Breakdown by Distribution Channel
10.1.1.2 Canada: Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.1.1.2.1 Canada: Frozen Waffles Market Breakdown by Type
10.1.1.2.2 Canada: Frozen Waffles Market Breakdown by Category
10.1.1.2.3 Canada: Frozen Waffles Market Breakdown by Distribution Channel
10.1.1.3 Mexico: Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.1.1.3.1 Mexico: Frozen Waffles Market Breakdown by Type
10.1.1.3.2 Mexico: Frozen Waffles Market Breakdown by Category
10.1.1.3.3 Mexico: Frozen Waffles Market Breakdown by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 New Product Development
11.3 Merger and Acquisition
12. Company Profiles
12.1 DELY Wafels SRL
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Kodiak Cakes LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Avieta SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nature’s Path Foods
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Julian’s Recipe LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Kellogg Co
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 B Boys Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sara Lee Frozen Bakery LLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Hometown Food Co
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index

LIST OF TABLES

Table 1. North America Frozen Waffles Market –Revenue and Forecast to 2030 (US$ Million)
Table 2. US: Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. US: Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 4. US: Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 5. Canada: Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. Canada: Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 7. Canada: Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 8. Mexico: Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. Mexico: Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 10. Mexico: Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 11. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Frozen Waffles Market Segmentation
Figure 2. North America Frozen Waffles Market Segmentation – By Country
Figure 3. North America Frozen Waffles Market Overview
Figure 4. North America Frozen Waffles Market: By Type
Figure 5. North America Frozen Waffles Market: By Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Value Chain: Frozen Waffles
Figure 9. North America Frozen Waffles Market Impact Analysis of Drivers and Restraints
Figure 10. North America Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. North America Frozen Waffles Market Revenue Share, By Type (2022 and 2030)
Figure 12. Flavored: North America Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 13. Unflavored/Plain: North America Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 14. North America Frozen Waffles Market Revenue Share, By Category (2022 and 2030)
Figure 15. Gluten-free: North America Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 16. Conventional: Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 17. Frozen Waffles Market Revenue Share, By Distribution Channel (2022 and 2030)
Figure 18. Supermarkets and Hypermarkets: North America Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 19. Convenience Stores: North America Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 20. Online Retail: Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 21. Others: Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 22. North America Frozen Waffles Market, by Key Country Revenue- (2022) (US$ Million)
Figure 23. North America Frozen Waffles Market Breakdown by Key Countries, 2022 & 2030 (%)
Figure 24. US: Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 25. Canada: Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 26. Mexico: Frozen Waffles Market Forecasts to 2030 (US$ Million)

The List of Companies – North America Frozen Waffle Market

– Avieta SA
– Dely Wafels SRL
– Kellogg Co
– Kodiak Cakes LLC
– B Boys Inc
– Nature’s Path Foods
– Julian’s Recipe LLC
– Sara Lee Frozen Bakery LLC
– Hometown Food Co

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