South Africa Waffles Market to 2032
Overview
The South Africa Waffles Market is expected to reach a 123.90 USD Million by 2032 and is projected to grow at a CAGR of 6.31% from 2025 to 2032.
Revenue, 2024 (USD Million)
80.75
Forecast, 2032 (USD Million)
123.90
CAGR, 2024 - 2032
6.31%
Report Coverage
South Africa
South Africa Waffles Market 2018-2032 USD Million
South Africa Waffles Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 80.75 USD Million
- Projected Market Size (2032): 123.90 USD Million
- CAGR (2025-2032): 6.31%
Key Findings of South Africa Waffles Market
- The South Africa Waffles Market was valued at 80.75 USD Million in 2024.
- The South Africa Waffles Market is likely to grow at a CAGR of 6.31% 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 68.00 USD Million
- The fastest growing segment Belgian Waffle in Type Segment grew Fastest with a CAGR of 6.88% during the forecast period from 2024 to 2032.
South Africa Waffles Market Scope
South Africa Waffles Market Segmentation & Scope
End-User
- Commercial
- Residential
Type
- Others
- Pizzelle
- Savory Waffle
- Others
- Pizzelle
- Toaster Waffle
- Brussels Waffle
- Toaster Waffle
- Liege Waffle
- Brussels Waffle
- Savory Waffle
- American Waffle
- Belgian Waffle
- Liege Waffle
- American Waffle
- Belgian Waffle
Distribution Channel
- Online Retailers
- Store Based Retailers
Product Type
- Others
- Filled Waffles
- Chocolate Coated Waffles
- Plain Waffles
Storage
- Ambient Waffle
- Frozen Waffle
Waffle Type
- Gluten Free
- With Gluten
Category
- Organic
- Conventional
South Africa Waffles Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 80.75 USD Million |
| Market Value in 2032 | 123.90 USD Million |
| CAGR (2025-2032) | 6.31% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Type,Distribution Channel,Product Type,Storage,Waffle Type,Category |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 80.75 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 80.75 USD Million in 2024.
Segments and Scope
-
South Africa Waffles Market to 2032, By End-User
- Residential is the largest segment in South Africa Waffles Market to 2032 with a revenue of 46.30 USD Million in the year 2024.
- Residential is the Fastest growing segment in South Africa Waffles Market to 2032 with a Growth rate of 6.42 % in forecast period 2025-2032.
-
South Africa Waffles Market to 2032, By Type
- Belgian Waffle is the largest segment in South Africa Waffles Market to 2032 with a revenue of 25.88 USD Million in the year 2024.
- Belgian Waffle is the Fastest growing segment in South Africa Waffles Market to 2032 with a Growth rate of 6.88 % in forecast period 2025-2032.
-
South Africa Waffles Market to 2032, By Distribution Channel
- Store Based Retailers is the largest segment in South Africa Waffles Market to 2032 with a revenue of 68.00 USD Million in the year 2024.
- Online Retailers is the Fastest growing segment in South Africa Waffles Market to 2032 with a Growth rate of 6.26 % in forecast period 2025-2032.
-
South Africa Waffles Market to 2032, By Product Type
- Plain Waffles is the largest segment in South Africa Waffles Market to 2032 with a revenue of 36.18 USD Million in the year 2024.
- Plain Waffles is the Fastest growing segment in South Africa Waffles Market to 2032 with a Growth rate of 6.63 % in forecast period 2025-2032.
-
South Africa Waffles Market to 2032, By Storage
- Frozen Waffle is the largest segment in South Africa Waffles Market to 2032 with a revenue of 58.82 USD Million in the year 2024.
- Frozen Waffle is the Fastest growing segment in South Africa Waffles Market to 2032 with a Growth rate of 6.41 % in forecast period 2025-2032.
-
South Africa Waffles Market to 2032, By Waffle Type
- With Gluten is the largest segment in South Africa Waffles Market to 2032 with a revenue of 64.87 USD Million in the year 2024.
- Gluten Free is the Fastest growing segment in South Africa Waffles Market to 2032 with a Growth rate of 6.21 % in forecast period 2025-2032.
-
South Africa Waffles Market to 2032, By Category
- Conventional is the largest segment in South Africa Waffles Market to 2032 with a revenue of 64.70 USD Million in the year 2024.
- Organic is the Fastest growing segment in South Africa Waffles Market to 2032 with a Growth rate of 6.21 % in forecast period 2025-2032.
South Africa Waffles Market Company Share Analysis
| Company Name |
|
||
| Nature's Path Foods | |||
| General Mills Inc. | |||
| Conagra Brands, Inc. | |||
| Kellanova | |||
| Lotus Bakeries Corporate | |||
South Africa Waffles Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Waffles Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Waffles Market is segmented based on Segmentation End-User,Type,Distribution Channel,Product Type,Storage,Waffle Type,Category.
South Africa Waffles Market was valued at USD 80.75(Revenue in USD Million) in 2023.
South Africa Waffles Market is projected to grow at a CAGR of 6.31% during the forecast period of 2024 to 2032.
The Store Based Retailers segment is expected to dominate the South Africa Waffles Market, holding a largest market share of 68.00 USD Million in 2024
South Africa Waffles Market Scope
South Africa Waffles Market Segmentation & Scope
End-User
- Commercial
- Residential
Type
- Others
- Pizzelle
- Savory Waffle
- Others
- Pizzelle
- Toaster Waffle
- Brussels Waffle
- Toaster Waffle
- Liege Waffle
- Brussels Waffle
- Savory Waffle
- American Waffle
- Belgian Waffle
- Liege Waffle
- American Waffle
- Belgian Waffle
Distribution Channel
- Online Retailers
- Store Based Retailers
Product Type
- Others
- Filled Waffles
- Chocolate Coated Waffles
- Plain Waffles
Storage
- Ambient Waffle
- Frozen Waffle
Waffle Type
- Gluten Free
- With Gluten
Category
- Organic
- Conventional
Frequently Asked Questions
The South Africa Waffles Market is segmented based on Segmentation End-User,Type,Distribution Channel,Product Type,Storage,Waffle Type,Category.
South Africa Waffles Market was valued at USD 80.75(Revenue in USD Million) in 2023.
South Africa Waffles Market is projected to grow at a CAGR of 6.31% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Waffles Market for final year is USD 123.90 (USD Million).
South Africa Waffles Market Company Profiling
Frequently Asked Questions
The South Africa Waffles Market is segmented based on Segmentation End-User,Type,Distribution Channel,Product Type,Storage,Waffle Type,Category.
South Africa Waffles Market was valued at USD 80.75(Revenue in USD Million) in 2023.
South Africa Waffles Market is projected to grow at a CAGR of 6.31% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Waffles Market for final year is USD 123.90 (USD Million).
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