Business
The Growing Popularity Of Waffle Maker Market And Other Major Driving Factors Is Expected To Favour The Rise In The Global Growth 2030:
The “Waffle Maker Market: Opportunity Analysis and Future Assessment 2022-2030” research report offers a comprehensive and an in-depth evaluation of the progressive market trends, growth areas, opportunities, drivers, and restraints, which would allow clients and stakeholders to line up their market strategies as stated in present & future market dynamics. The Waffle Maker Market is estimated to escalate at around 8.5% CAGR during 2022-30. A strategic assessment of the market growth trajectory in the forecast period, whilst taking into account the Covid-19 impact on the industry, is also included in the research study, with certain information established by research experts.
Global Waffle Maker Market, By Product (Stove-Top Waffle Irons, Classic Round Waffle Makers, Square Belgian Waffle Makers, Round Belgian Waffle Makers, Others), By Size (Small Size (2 Squares) Waffle Makers, Large Size (4 Squares) Waffle Makers), By Material (Stainless Steel Waffle Makers, Plastic Waffle Makers, Aluminium Waffle Makers, Cast-iron Waffle Makers, Non-stick Waffle Makers, Others Waffle Makers), By End Use (Residential Waffle Makers, Commercial Waffle Makers (Hotels & Restaurants, Ice-Cream Parlours, Catering Industry, Others), By Price Range (Under US$ 20 Waffle Makers, US$ 20-100 Waffle Makers, US$ 100 and Above Waffle Makers), By Sales Channel (Wholesalers/ Distributors, Supermarkets/ Hypermarkets, Specialty Stores, Multi-brand Stores, Independent Small Stores, Online Retailers, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
The waffle maker market is expected to reach a value of US$ 349.6 Mn by 2030 at a CAGR of 8.5%.
Request To Download Sample of Waffle Maker Market Report:
Waffles, a cake-like food made from leavened batter poured between two hot, patterned plates, are considered a staple breakfast food among the consumers in western countries such as the United States and Canada. In recent years, waffles are gaining enormous traction among the population and resultantly, becoming a mainstream breakfast item all across the world. Such factors are primarily driving the demand of waffle makers all across the global markets.
Waffle maker is a cooking appliance that majorly serves to prepare various kinds of waffles, as it applies heat from both sides of the batter for cooking at a faster pace. In addition to that, apart from waffles, some other common food items which can be prepared in a waffle maker comprise cinnamon rolls, brownies, quesadillas, and cornbread.
Waffle makers enable cooking as per the individual needs as it is available in different models and several different features. Owing to which, the global waffle maker market is projected to witness sign giant growth in the following years. In the same manner, the growing integration of the value-added attributes in the waffle makers is further improving the efficiency of the waffle makers across the global markets and making available better-quality products among the consumers. For instance, waffle makers, nowadays, are available with easy to clean properties along with additional features such as timers, temperature control, and removable plates. Therefore, the global waffle maker market is estimated to grow considerably over the coming years.
Reports and Insights Study identifies some of the key participating players in the waffle maker market globally are Cuisinart, Sage Appliances, Wells Manufacturing Company, Brentwood Appliances, Chefman, Nordic Ware, Star Manufacturing, VonShef, Nemco Food Equipment, LTD, Krampouz Company, CucinaPro, Hamilton Beach Brands, Inc., Sunbeam Products, Inc. (Oster), Disney, ALDKitchen, Dash, LLC, Black+Decker Inc., Nostalgia Products, Roller Grill International S.A.S, National Presto Industries, Inc., among others.
Factors that are benchmarked while estimating the Waffle Maker market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
- New product development and launches
- Current product compliance
- Reimbursement
- Concerns for use of Waffle Maker
- Advantages of Waffle Maker
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