Canada Waffles Market to 2032

Overview

The Canada Waffles Market is expected to reach a 302.91 USD Million by 2032 and is projected to grow at a CAGR of 5.27% from 2025 to 2032.

Revenue, 2024 (USD Million)
211.45
Forecast, 2032 (USD Million)
302.91
CAGR, 2024 - 2032
5.27%
Report Coverage
Canada

Canada Waffles Market 2018-2032 USD Million

Canada Waffles Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 211.45 USD Million
  • Projected Market Size (2032): 302.91 USD Million
  • CAGR (2025-2032): 5.27%

Key Findings of Canada Waffles Market

  • The Canada Waffles Market was valued at 211.45 USD Million in 2024.
  • The Canada Waffles Market is likely to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Store Based Retailers in Distribution Channel Segment accounted for the largest share of the market with a revenue of 177.54 USD Million
  • The fastest growing segment Belgian Waffle in Type Segment grew Fastest with a CAGR of 5.79% during the forecast period from 2024 to 2032.

Canada Waffles Market Scope

Canada Waffles Market Segmentation & Scope
Storage
  • Ambient Waffle
  • Frozen Waffle
Type
  • Others
  • Pizzelle
  • Savory Waffle
  • Others
  • Pizzelle
  • Toaster Waffle
  • Brussels Waffle
  • Toaster Waffle
  • Liege Waffle
  • Savory Waffle
  • Brussels Waffle
  • American Waffle
  • Belgian Waffle
  • Liege Waffle
  • American Waffle
  • Belgian Waffle
Product Type
  • Others
  • Filled Waffles
  • Chocolate Coated Waffles
  • Plain Waffles
Waffle Type
  • Gluten Free
  • With Gluten
Category
  • Organic
  • Conventional
Distribution Channel
  • Online Retailers
  • Store Based Retailers
End-User
  • Commercial
  • Residential

Canada Waffles Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 211.45 USD Million
Market Value in 2032 302.91 USD Million
CAGR (2025-2032) 5.27%
Historic Data 2016-2023
Market Segments Covered Storage,Type,Product Type,Waffle Type,Category,Distribution Channel,End-User

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 211.45 USD Million in 2024
    • Key Country: Canada, leading in terms of revenue with value of 211.45 USD Million in 2024.

Segments and Scope

  • Canada Waffles Market to 2032, By Storage
    • Frozen Waffle is the largest segment in Canada Waffles Market to 2032 with a revenue of 155.15 USD Million in the year 2024.
    • Frozen Waffle is the Fastest growing segment in Canada Waffles Market to 2032 with a Growth rate of 5.38 % in forecast period 2025-2032.
  • Canada Waffles Market to 2032, By Type
    • Belgian Waffle is the largest segment in Canada Waffles Market to 2032 with a revenue of 72.44 USD Million in the year 2024.
    • Belgian Waffle is the Fastest growing segment in Canada Waffles Market to 2032 with a Growth rate of 5.79 % in forecast period 2025-2032.
  • Canada Waffles Market to 2032, By Product Type
    • Plain Waffles is the largest segment in Canada Waffles Market to 2032 with a revenue of 97.10 USD Million in the year 2024.
    • Plain Waffles is the Fastest growing segment in Canada Waffles Market to 2032 with a Growth rate of 5.59 % in forecast period 2025-2032.
  • Canada Waffles Market to 2032, By Waffle Type
    • With Gluten is the largest segment in Canada Waffles Market to 2032 with a revenue of 169.46 USD Million in the year 2024.
    • Gluten Free is the Fastest growing segment in Canada Waffles Market to 2032 with a Growth rate of 5.15 % in forecast period 2025-2032.
  • Canada Waffles Market to 2032, By Category
    • Conventional is the largest segment in Canada Waffles Market to 2032 with a revenue of 168.50 USD Million in the year 2024.
    • Organic is the Fastest growing segment in Canada Waffles Market to 2032 with a Growth rate of 5.18 % in forecast period 2025-2032.
  • Canada Waffles Market to 2032, By Distribution Channel
    • Store Based Retailers is the largest segment in Canada Waffles Market to 2032 with a revenue of 177.54 USD Million in the year 2024.
    • Online Retailers is the Fastest growing segment in Canada Waffles Market to 2032 with a Growth rate of 5.21 % in forecast period 2025-2032.
  • Canada Waffles Market to 2032, By End-User
    • Residential is the largest segment in Canada Waffles Market to 2032 with a revenue of 121.91 USD Million in the year 2024.
    • Residential is the Fastest growing segment in Canada Waffles Market to 2032 with a Growth rate of 5.41 % in forecast period 2025-2032.

Canada Waffles Market Company Share Analysis

 
Company Name Company Share Analysis
Nature's Path Foods
General Mills Inc.
Conagra Brands, Inc.
Kellanova
Lotus Bakeries Corporate
Canada Waffles Market Company Share Analysis

Canada Waffles Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Waffles Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Waffles Market Company Profiling

Canada Waffles Market Company Profiling
Frequently Asked Questions
The Canada Waffles Market is segmented based on Segmentation Storage,Type,Product Type,Waffle Type,Category,Distribution Channel,End-User.
Canada Waffles Market was valued at USD 211.45(Revenue in USD Million) in 2023.
Canada Waffles Market is projected to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
The Store Based Retailers segment is expected to dominate the Canada Waffles Market, holding a largest market share of 177.54 USD Million in 2024

Canada Waffles Market Scope

Canada Waffles Market Segmentation & Scope
Storage
  • Ambient Waffle
  • Frozen Waffle
Type
  • Others
  • Pizzelle
  • Savory Waffle
  • Others
  • Pizzelle
  • Toaster Waffle
  • Brussels Waffle
  • Toaster Waffle
  • Liege Waffle
  • Savory Waffle
  • Brussels Waffle
  • American Waffle
  • Belgian Waffle
  • Liege Waffle
  • American Waffle
  • Belgian Waffle
Product Type
  • Others
  • Filled Waffles
  • Chocolate Coated Waffles
  • Plain Waffles
Waffle Type
  • Gluten Free
  • With Gluten
Category
  • Organic
  • Conventional
Distribution Channel
  • Online Retailers
  • Store Based Retailers
End-User
  • Commercial
  • Residential
Frequently Asked Questions
The Canada Waffles Market is segmented based on Segmentation Storage,Type,Product Type,Waffle Type,Category,Distribution Channel,End-User.
Canada Waffles Market was valued at USD 211.45(Revenue in USD Million) in 2023.
Canada Waffles Market is projected to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Waffles Market for final year is USD 302.91 (USD Million).

Canada Waffles Market Company Profiling

Canada Waffles Market Company Profiling
Frequently Asked Questions
The Canada Waffles Market is segmented based on Segmentation Storage,Type,Product Type,Waffle Type,Category,Distribution Channel,End-User.
Canada Waffles Market was valued at USD 211.45(Revenue in USD Million) in 2023.
Canada Waffles Market is projected to grow at a CAGR of 5.27% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Waffles Market for final year is USD 302.91 (USD Million).

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