South Korea Waffles Market to 2032
Overview
The South Korea Waffles Market is expected to reach a 100.81 USD Million by 2032 and is projected to grow at a CAGR of 6.44% from 2025 to 2032.
Revenue, 2024 (USD Million)
65.12
Forecast, 2032 (USD Million)
100.81
CAGR, 2024 - 2032
6.44%
Report Coverage
South Korea
South Korea Waffles Market 2018-2032 USD Million
South Korea Waffles Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 65.12 USD Million
- Projected Market Size (2032): 100.81 USD Million
- CAGR (2025-2032): 6.44%
Key Findings of South Korea Waffles Market
- The South Korea Waffles Market was valued at 65.12 USD Million in 2024.
- The South Korea Waffles Market is likely to grow at a CAGR of 6.44% 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 54.96 USD Million
- The fastest growing segment Belgian Waffle in Type Segment grew Fastest with a CAGR of 7.02% during the forecast period from 2024 to 2032.
South Korea Waffles Market Scope
South Korea Waffles Market Segmentation & Scope
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
End-User
- Commercial
- Residential
Category
- Organic
- Conventional
Product Type
- Others
- Filled Waffles
- Chocolate Coated Waffles
- Plain Waffles
Waffle Type
- Gluten Free
- With Gluten
Distribution Channel
- Online Retailers
- Store Based Retailers
Storage
- Ambient Waffle
- Frozen Waffle
South Korea Waffles Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 65.12 USD Million |
| Market Value in 2032 | 100.81 USD Million |
| CAGR (2025-2032) | 6.44% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,End-User,Category,Product Type,Waffle Type,Distribution Channel,Storage |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 65.12 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 65.12 USD Million in 2024.
Segments and Scope
-
South Korea Waffles Market to 2032, By Type
- Belgian Waffle is the largest segment in South Korea Waffles Market to 2032 with a revenue of 20.85 USD Million in the year 2024.
- Belgian Waffle is the Fastest growing segment in South Korea Waffles Market to 2032 with a Growth rate of 7.02 % in forecast period 2025-2032.
-
South Korea Waffles Market to 2032, By End-User
- Residential is the largest segment in South Korea Waffles Market to 2032 with a revenue of 37.31 USD Million in the year 2024.
- Residential is the Fastest growing segment in South Korea Waffles Market to 2032 with a Growth rate of 6.54 % in forecast period 2025-2032.
-
South Korea Waffles Market to 2032, By Category
- Conventional is the largest segment in South Korea Waffles Market to 2032 with a revenue of 52.37 USD Million in the year 2024.
- Organic is the Fastest growing segment in South Korea Waffles Market to 2032 with a Growth rate of 6.34 % in forecast period 2025-2032.
-
South Korea Waffles Market to 2032, By Product Type
- Plain Waffles is the largest segment in South Korea Waffles Market to 2032 with a revenue of 29.08 USD Million in the year 2024.
- Plain Waffles is the Fastest growing segment in South Korea Waffles Market to 2032 with a Growth rate of 6.77 % in forecast period 2025-2032.
-
South Korea Waffles Market to 2032, By Waffle Type
- With Gluten is the largest segment in South Korea Waffles Market to 2032 with a revenue of 52.49 USD Million in the year 2024.
- Gluten Free is the Fastest growing segment in South Korea Waffles Market to 2032 with a Growth rate of 6.35 % in forecast period 2025-2032.
-
South Korea Waffles Market to 2032, By Distribution Channel
- Store Based Retailers is the largest segment in South Korea Waffles Market to 2032 with a revenue of 54.96 USD Million in the year 2024.
- Online Retailers is the Fastest growing segment in South Korea Waffles Market to 2032 with a Growth rate of 6.39 % in forecast period 2025-2032.
-
South Korea Waffles Market to 2032, By Storage
- Frozen Waffle is the largest segment in South Korea Waffles Market to 2032 with a revenue of 47.30 USD Million in the year 2024.
- Frozen Waffle is the Fastest growing segment in South Korea Waffles Market to 2032 with a Growth rate of 6.54 % in forecast period 2025-2032.
South Korea Waffles Market Company Share Analysis
| Company Name |
|
||
| Nature's Path Foods | |||
| General Mills Inc. | |||
| Conagra Brands, Inc. | |||
| Kellanova | |||
| Lotus Bakeries Corporate | |||
South Korea Waffles Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Waffles Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Waffles Market is segmented based on Segmentation Type,End-User,Category,Product Type,Waffle Type,Distribution Channel,Storage.
South Korea Waffles Market was valued at USD 65.12(Revenue in USD Million) in 2023.
South Korea Waffles Market is projected to grow at a CAGR of 6.44% during the forecast period of 2024 to 2032.
The Store Based Retailers segment is expected to dominate the South Korea Waffles Market, holding a largest market share of 54.96 USD Million in 2024
South Korea Waffles Market Scope
South Korea Waffles Market Segmentation & Scope
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
End-User
- Commercial
- Residential
Category
- Organic
- Conventional
Product Type
- Others
- Filled Waffles
- Chocolate Coated Waffles
- Plain Waffles
Waffle Type
- Gluten Free
- With Gluten
Distribution Channel
- Online Retailers
- Store Based Retailers
Storage
- Ambient Waffle
- Frozen Waffle
Frequently Asked Questions
The South Korea Waffles Market is segmented based on Segmentation Type,End-User,Category,Product Type,Waffle Type,Distribution Channel,Storage.
South Korea Waffles Market was valued at USD 65.12(Revenue in USD Million) in 2023.
South Korea Waffles Market is projected to grow at a CAGR of 6.44% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Waffles Market for final year is USD 100.81 (USD Million).
South Korea Waffles Market Company Profiling
Frequently Asked Questions
The South Korea Waffles Market is segmented based on Segmentation Type,End-User,Category,Product Type,Waffle Type,Distribution Channel,Storage.
South Korea Waffles Market was valued at USD 65.12(Revenue in USD Million) in 2023.
South Korea Waffles Market is projected to grow at a CAGR of 6.44% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Waffles Market for final year is USD 100.81 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.