Frozen Waffles Market Size Report | Global Overview 2023-2030
[Research Report] The frozen waffles market size is expected to grow from US$ 2,925.85 million in 2022 to US$ 4,612.86 million by 2030; it is estimated to register a CAGR of 5.9% from 2023 to 2030.
Frozen waffles are a convenience food product mainly consumed as breakfast. 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. Owing to this, frozen waffles are witnessing increasing global demand, mainly in developed countries. Due to the strong cultural influence on people's consumption habits in various countries, including India, Japan, and China, there is a high predominance of traditional breakfast food. Thus, the adoption of frozen waffles in these countries is limited, which is creating hurdles in the growth of the frozen waffles market
In 2022, North America accounted for the largest share of the global frozen waffles market. The market in the region is segmented into the US, Canada, and Mexico. The rising marketing campaigns is 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. A rise in demand for frozen waffles among all age groups drives the market in this region. Moreover, the growing awareness about the health benefits of organic products is a significant factor boosting the demand for organic breakfast products in the region. To meet the growing consumer demand, manufacturers have introduced organic waffle varieties. For instance, Nature's Path Foods, a USDA-certified manufacturer, offers a wide range of organic breakfast and snack foods, including waffles, cold cereals, granolas, hot oatmeal, bars, and cookies. The factors mentioned above are boosting the growth of the region's frozen waffle market.
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Frozen Waffles Market: Strategic Insights
Market Size Value in US$ 2,925.85 million in 2022 Market Size Value by US$ 4,612.86 million by 2030 Growth rate CAGR of 5.9% from 2023 to 2030 Forecast Period 2023-2030 Base Year 2022
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Frozen Waffles Market: Strategic Insights
| Market Size Value in | US$ 2,925.85 million in 2022 |
| Market Size Value by | US$ 4,612.86 million by 2030 |
| Growth rate | CAGR of 5.9% from 2023 to 2030 |
| Forecast Period | 2023-2030 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Frozen Waffles Market
Before the COVID-19 pandemic, the frozen waffles market growth was primarily driven by the rising demand for ready-to-eat food products. However, the market faced hurdles during the first quarter of 2020 due to business shutdowns and raw material and labor shortages. The COVID-19 pandemic led to an economic recession in the initial months of 2020, which created financial difficulties for low-income and mid-income consumers.
Moreover, due to restrictions, people stayed at home and demanded ready-to-eat products, creating a demand for frozen waffles products that are easy to consume.
Market Insights
Surging Demand for Frozen and Convenience Food Worldwide
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 to 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. Increasing population of women, high per capita income, and rising middle-class population are key factors driving convenience food consumption globally. Moreover, the number of single or two-person households is growing in various developed nations such as the US, Canada, the UK, and Germany. According to the US 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. All these factors are bolstering the demand for frozen waffles.
Type-Based Insights
Based on type, the frozen waffles market is segmented into flavored and unflavored/plain. The flavored segment is expected to register a higher CAGR during the forecast period. The growing preference for waffles as a mainstream breakfast item globally is driving the demand for frozen waffles. Millennial consumers love the warm crunchy feel of waffles in different flavors. Waffle manufacturers are growing their product portfolio by introducing new flavors such as fruit, buttermilk, and cinnamon to attract consumer interest. Further, manufacturers, including Vans and the Kellogg Company, have launched flavored waffle varieties with enhanced functional properties to fulfill the population's needs. These factors are driving the market for the flavored frozen waffles segment.
The key players operating in the global frozen waffles market include DELY Wafels SRL, Kodiak Cakes LLC, Deligout Sprl, Avieta SA, Nature's Path Foods, Julian's Recipe LLC, Kellogg Co, B Boys Inc, Sara Lee Frozen Bakery LLC, and Hometown Food Co. Players operating in the global frozen waffles market focus on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities, new product launches, and expanding production capacities.
Frozen Waffles Market Report Scope
Report Spotlights
- Progressive industry trends in the frozen waffles market to help players develop effective long-term strategies.
- Business growth strategies adopted by developed and developing markets.
- Quantitative analysis of the frozen waffles market from 2021 to 2030
- Estimation of global demand for frozen waffles
- Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry.
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the growth of the frozen waffles market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The frozen waffles market size at various nodes
- Detailed overview and segmentation of the market, as well as the frozen waffles industry dynamics
- The frozen waffles market size in various regions with promising growth opportunities
Global Frozen Waffles Market
Based on type, the frozen waffles market is segmented into flavored and unflavored/plain. Based on category, the frozen waffles market is bifurcated into gluten-free and conventional. Based on distribution channel, the frozen waffles market is categorized into supermarkets and hypermarkets, convenience stores, online retail, and others.
Company Profiles
- DELY Wafels SRL
- Kodiak Cakes LLC
- Deligout Sprl
- Avieta SA
- Nature's Path Foods
- Julian's Recipe LLC
- Kellogg Co
- B Boys Inc
- Sara Lee Frozen Bakery LLC
- Hometown Food Co
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Category, and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Based on the category, conventional segment is predicted to register the highest CAGR during the forecast period. The demand for conventional frozen waffles is expected to decrease as consumers become more health conscious and prefer healthy alternatives such as gluten-free ones. People allergic to gluten cannot consume conventional waffles as they contain wheat flour. However, conventional frozen waffles are readily available in the market; thus, consumers prefer this product. Further, less awareness regarding gluten-free waffles is boosting the market for conventional frozen waffles.
Rising growth of e-commerce is supporting the growth of the frozen waffles market. People increasingly prefer online retail platforms for purchasing frozen foods. According to American Frozen Food Institute, online sales of frozen foods will increase by 75% in 2022. The online sales of food and beverages increased significantly during the COVID-19 pandemic due to the closure of brick-and-mortar stores and government restrictions. As lockdowns first constrained individuals and subsequently continued to work from home, there was a substantial shift to online shopping. Other factors influencing consumers to shop online include heavy discounts, availability of various products of different brands under one roof, and home delivery options. With the rising penetration of e-commerce across different geographies, the manufacturers of frozen waffles are also enhancing their online presence by selling their products through well-known e-commerce platforms such as Amazon.com, Lidl, and Walmart. This factor is further expected to drive the growth of the frozen waffles market over the coming years.
Based on the type, the flavored segment is expected to register the highest CAGR during the forecast period. The growing preference for waffles as a mainstream breakfast item globally is driving the demand for frozen waffles. Millennial consumers love the warm crunchy feel of waffles in different flavors. Waffle manufacturers are growing their product portfolio by introducing new flavors such as fruit, buttermilk, and cinnamon to attract consumer interest. Further, manufacturers, including Vans and the Kellogg Company, have launched flavored waffle varieties with enhanced functional properties to fulfill the population's needs. These factors drive the flavored frozen waffles segment’s growth during the forecast period.
Surging demand for frozen and convenience food worldwide and rising trend of in-home consumption are drivers of frozen waffles market. Frozen waffles are a convenience food product mainly consumed as breakfast. Consumers prefer to 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. Owing to this, frozen waffles are witnessing increasing global demand, mainly in developed countries.
In 2022, North America region accounted for the largest share of the global frozen waffles market and the market in the region is segmented into United States, Canada, and Mexico. 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. Moreover, the growing awareness about the health benefits of organic products is a significant factor that would boost the demand for organic breakfast products in the region. To meet growing consumer demand, manufacturers introduce organic waffle varieties. For instance, Nature's Path Foods, a USDA-certified manufacturer, offers a wide range of organic breakfast and snack foods, including waffles, cold cereals, granolas, hot oatmeal, bars, and cookies. The factors mentioned above are boosting the growth of the region's frozen waffle market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners 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. 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. Frozen Waffles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Demand for Frozen and Convenience Food Worldwide
5.1.2 Rising Trend of In-Home Consumption
5.2 Market Restraints
5.2.1 High Preference for Traditional Breakfast Products in Selected Countries
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 – Global Market Analysis
6.1 Frozen waffles Market Overview
6.2 Frozen Waffles Market –Revenue and Forecast to 2030 (US$ Million)
6.3 Competitive Positioning
7. Frozen Waffles Market Analysis – By Type
7.1 Overview
7.2 Frozen Waffles Market, By Type (2022 and 2030)
7.3 Flavored
7.3.1 Overview
7.3.2 Flavored: Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Unflavored/Plain
7.4.1 Overview
7.4.2 Unflavored/Plain: Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
8. Frozen Waffles Market Analysis – By Category
8.1 Overview
8.2 Frozen Waffles Market, By Category (2022 and 2030)
8.3 Gluten-free
8.3.1 Overview
8.3.2 Gluten-free: 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. Frozen Waffles Market Analysis – By Distribution Channel
9.1 Overview
9.2 Frozen Waffles Market, By Distribution Channel (2022 and 2030)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: Frozen Waffles Market– Revenue and Forecast to 2030 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.2 Convenience Stores: 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. Frozen Waffles Market – Geographic Analysis
10.1 Overview
10.2 North America Frozen Waffles Market Revenue and Forecasts to 2030
10.2.1 North America Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.2.2 North America Frozen Waffles Market Breakdown by Type
10.2.3 North America Frozen Waffles Market Breakdown by Category
10.2.4 North America Frozen Waffles Market Breakdown by Distribution Channel
10.2.5 North America Frozen Waffles Market Breakdown by Key Countries
10.2.5.1 US Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.2.5.1.1 US Frozen Waffles Market Breakdown by Type
10.2.5.1.2 US Frozen Waffles Market Breakdown by Category
10.2.5.1.3 US Frozen Waffles Market Breakdown by Distribution Channel
10.2.5.2 Canada Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.2.5.2.1 Canada Frozen Waffles Market Breakdown by Type
10.2.5.2.2 Canada Frozen Waffles Market Breakdown by Category
10.2.5.2.3 Canada Frozen Waffles Market Breakdown by Distribution Channel
10.2.5.3 Mexico Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.2.5.3.1 Mexico Frozen Waffles Market Breakdown by Type
10.2.5.3.2 Mexico Frozen Waffles Market Breakdown by Category
10.2.5.3.3 Mexico Frozen Waffles Market Breakdown by Distribution Channel
10.3 Europe Frozen Waffles Market Revenue and Forecasts to 2030
10.3.1 Europe Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.3.2 Europe Frozen Waffles Market Breakdown by Type
10.3.3 Europe Frozen Waffles Market Breakdown by Category
10.3.4 Europe Frozen Waffles Market Breakdown by Distribution Channel
10.3.5 Europe Frozen Waffles Market Breakdown by Key Countries
10.3.5.1 Germany Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.3.5.1.1 Germany Frozen Waffles Market Breakdown by Type
10.3.5.1.2 Germany Frozen Waffles Market Breakdown by Category
10.3.5.1.3 Germany Frozen Waffles Market Breakdown by Distribution Channel
10.3.5.2 France Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.3.5.2.1 France Frozen Waffles Market Breakdown by Type
10.3.5.2.2 France Frozen Waffles Market Breakdown by Category
10.3.5.2.3 France Frozen Waffles Market Breakdown by Distribution Channel
10.3.5.3 Italy Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.3.5.3.1 Italy Frozen Waffles Market Breakdown by Type
10.3.5.3.2 Italy Frozen Waffles Market Breakdown by Category
10.3.5.3.3 Italy Frozen Waffles Market Breakdown by Distribution Channel
10.3.5.4 UK Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.3.5.4.1 UK Frozen Waffles Market Breakdown by Type
10.3.5.4.2 UK Frozen Waffles Market Breakdown by Category
10.3.5.4.3 UK Frozen Waffles Market Breakdown by Distribution Channel
10.3.5.5 Russia Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.3.5.5.1 Russia Frozen Waffles Market Breakdown by Type
10.3.5.5.2 Russia Frozen Waffles Market Breakdown by Category
10.3.5.5.3 Russia Frozen Waffles Market Breakdown by Distribution Channel
10.3.5.6 Rest of Europe Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.3.5.6.1 Rest of Europe Frozen Waffles Market Breakdown by Type
10.3.5.6.2 Rest of Europe Frozen Waffles Market Breakdown by Category
10.3.5.6.3 Rest of Europe Frozen Waffles Market Breakdown by Distribution Channel
10.4 Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030
10.4.1 Asia Pacific Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.4.2 Asia Pacific Frozen Waffles Market Breakdown by Type
10.4.3 Asia Pacific Frozen Waffles Market Breakdown by Category
10.4.4 Asia Pacific Frozen Waffles Market Breakdown by Distribution Channel
10.4.5 Asia Pacific Frozen Waffles Market Breakdown by Key Countries
10.4.5.1 Australia Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.4.5.1.1 Australia Frozen Waffles Market Breakdown by Type
10.4.5.1.2 Australia Frozen Waffles Market Breakdown by Category
10.4.5.1.3 Australia Frozen Waffles Market Breakdown by Distribution Channel
10.4.5.2 China Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.4.5.2.1 China Frozen Waffles Market Breakdown by Type
10.4.5.2.2 China Frozen Waffles Market Breakdown by Category
10.4.5.2.3 China Frozen Waffles Market Breakdown by Distribution Channel
10.4.5.3 India Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.4.5.3.1 India Frozen Waffles Market Breakdown by Type
10.4.5.3.2 India Frozen Waffles Market Breakdown by Category
10.4.5.3.3 India Frozen Waffles Market Breakdown by Distribution Channel
10.4.5.4 Japan Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.4.5.4.1 Japan Frozen Waffles Market Breakdown by Type
10.4.5.4.2 Japan Frozen Waffles Market Breakdown by Category
10.4.5.4.3 Japan Frozen Waffles Market Breakdown by Distribution Channel
10.4.5.5 South Korea Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.4.5.5.1 South Korea Frozen Waffles Market Breakdown by Type
10.4.5.5.2 South Korea Frozen Waffles Market Breakdown by Category
10.4.5.5.3 South Korea Frozen Waffles Market Breakdown by Distribution Channel
10.4.5.6 Rest of Asia Pacific Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific Frozen Waffles Market Breakdown by Type
10.4.5.6.2 Rest of Asia Pacific Frozen Waffles Market Breakdown by Category
10.4.5.6.3 Rest of Asia Pacific Frozen Waffles Market Breakdown by Distribution Channel
10.5 Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030
10.5.1 Middle East & Africa Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.5.2 Middle East & Africa Frozen Waffles Market Breakdown by Type
10.5.3 Middle East & Africa Frozen Waffles Market Breakdown by Category
10.5.4 Middle East & Africa Frozen Waffles Market Breakdown by Distribution Channel
10.5.5 Middle East & Africa Frozen Waffles Market Breakdown by Key Countries
10.5.5.1 South Africa Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.5.5.1.1 South Africa Frozen Waffles Market Breakdown by Type
10.5.5.1.2 South Africa Frozen Waffles Market Breakdown by Category
10.5.5.1.3 South Africa Frozen Waffles Market Breakdown by Distribution Channel
10.5.5.2 Saudi Arabia Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.5.5.2.1 Saudi Arabia Frozen Waffles Market Breakdown by Type
10.5.5.2.2 Saudi Arabia Frozen Waffles Market Breakdown by Category
10.5.5.2.3 Saudi Arabia Frozen Waffles Market Breakdown by Distribution Channel
10.5.5.3 UAE Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.5.5.3.1 UAE Frozen Waffles Market Breakdown by Type
10.5.5.3.2 UAE Frozen Waffles Market Breakdown by Category
10.5.5.3.3 UAE Frozen Waffles Market Breakdown by Distribution Channel
10.5.5.4 Rest of the Middle East & Africa Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.5.5.4.1 Rest of the Middle East & Africa Frozen Waffles Market Breakdown by Type
10.5.5.4.2 Rest of the Middle East & Africa Frozen Waffles Market Breakdown by Category
10.5.5.4.3 Rest of the Middle East & Africa Frozen Waffles Market Breakdown by Distribution Channel
10.6 South and Central America Frozen Waffles Market Revenue and Forecasts to 2030
10.6.1 South and Central America Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.6.2 South and Central America Frozen Waffles Market Breakdown by Type
10.6.3 South and Central America Frozen Waffles Market Breakdown by Category
10.6.4 South and Central America Frozen Waffles Market Breakdown by Distribution Channel
10.6.5 South and Central America Frozen Waffles Market Breakdown by Key Countries
10.6.5.1 Brazil Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.6.5.1.1 Brazil Frozen Waffles Market Breakdown by Type
10.6.5.1.2 Brazil Frozen Waffles Market Breakdown by Category
10.6.5.1.3 Brazil Frozen Waffles Market Breakdown by Distribution Channel
10.6.5.2 Argentina Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.6.5.2.1 Argentina Frozen Waffles Market Breakdown by Type
10.6.5.2.2 Argentina Frozen Waffles Market Breakdown by Category
10.6.5.2.3 Argentina Frozen Waffles Market Breakdown by Distribution Channel
10.6.5.3 Rest of South and Central America Frozen Waffles Market Revenue Forecasts to 2030 (US$ Million)
10.6.5.3.1 Rest of South and Central America Frozen Waffles Market Breakdown by Type
10.6.5.3.2 Rest of South and Central America Frozen Waffles Market Breakdown by Category
10.6.5.3.3 Rest of South and Central America Frozen Waffles Market Breakdown by Distribution Channel
11. Impact of COVID-19 Pandemic on Global Frozen Waffles Market
11.1 Impact of COVID-19 on Frozen Waffles Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe Impact Assessment of the COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South & Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 New Product Development
12.3 Merger and Acquisition
13. Company Profiles
13.1 DELY Wafels SRL
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Kodiak Cakes LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Deligout Sprl
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Avieta SA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Nature's Path Foods
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Julian's Recipe LLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Kellogg Co
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 B Boys Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Sara Lee Frozen Bakery LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Hometown Food Co
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Frozen Waffles Market –Revenue and Forecast to 2030 (US$ Million)
Table 2. Global Frozen Waffles Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 3. Global Frozen Waffles Market, by Category– Revenue and Forecast to 2030 (US$ Million)
Table 4. Global Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 5. North America Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. North America Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 7. North America Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 8. US Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. US Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 10. US Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 11. Canada Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 12. Canada Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 13. Canada Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 14. Mexico Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 15. Mexico Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 16. Mexico Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 17. Europe Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 18. Europe Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 19. Europe Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 20. Germany Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 21. Germany Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 22. Germany Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 23. France Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 24. France Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 25. France Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 26. Italy Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 27. Italy Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 28. Italy Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 29. UK Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 30. UK Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 31. UK Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 32. Russia Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 33. Russia Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 34. Russia Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 35. Rest of Europe Frozen Waffles Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 36. Rest of Europe Frozen Waffles Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 37. Rest of Europe Frozen Waffles Market, by Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 38. Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 39. Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 40. Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 41. Australia Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 42. Australia Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 43. Australia Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 44. China Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 45. China Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 46. China Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 47. India Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 48. India Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 49. India Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 50. Japan Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 51. Japan Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 52. Japan Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 53. South Korea Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 54. South Korea Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 55. South Korea Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 56. Rest of Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 57. Rest of Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 58. Rest of Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 59. Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 60. Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 61. Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 62. South Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 63. South Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 64. South Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 65. Saudi Arabia Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 66. Saudi Arabia Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 67. Saudi Arabia Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 68. UAE Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 69. UAE Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 70. UAE Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 71. Rest of the Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 72. Rest of the Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 73. Rest of the Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 74. South and Central America Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 75. South and Central America Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 76. South and Central America Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 77. Brazil Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 78. Brazil Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 79. Brazil Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 80. Argentina Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 81. Argentina Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 82. Argentina Frozen Waffles Market Revenue and Forecasts to 2030 – By Distribution Channel (US$ Million)
Table 83. Rest of South and Central America Frozen Waffles Market Revenue and Forecasts to 2030 – By Type (US$ Million)
Table 84. Rest of South and Central America Frozen Waffles Market Revenue and Forecasts to 2030 – By Category (US$ Million)
Table 85. Rest of South and Central America Frozen Waffles Market Revenue and Forecasts to 2029 – By Distribution Channel (US$ Million)
Table 86. List of Abbreviation
LIST OF FIGURES
Figure 1. Frozen Waffles Market Segmentation
Figure 2. Frozen Waffles Market Segmentation – By Geography
Figure 3. Global Frozen Waffles Market Overview
Figure 4. Frozen Waffles Market: By Type
Figure 5. Frozen Waffles Market: By Region
Figure 6. Global Frozen Waffles Market, Key Market Players
Figure 7. Porter's Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Value Chain: Frozen Waffles
Figure 10. Sign Ups for Veganuary Campaign from 2015 to 2021
Figure 11. Global Frozen Waffles Market Impact Analysis of Drivers and Restraints
Figure 12. Geographic Overview of the Frozen Waffles Market
Figure 13. Global: Frozen Waffles Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Frozen Waffles Market: Key Players
Figure 15. Frozen Waffles Market Revenue Share, By Type (2022 and 2030)
Figure 16. Flavored: Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 17. Unflavored/Plain: Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 18. Frozen Waffles Market Revenue Share, By Category (2022 and 2030)
Figure 19. Gluten-free: Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 20. Conventional: Frozen Waffles Market – Revenue and Forecast To 2030 (US$ Million)
Figure 21. Frozen Waffles Market Revenue Share, By Distribution Channel (2022 and 2030)
Figure 22. Supermarkets and Hypermarkets: Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 23. Convenience Stores: Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 24. Online Retail: Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 25. Others: Frozen Waffles Market– Revenue and Forecast To 2030 (US$ Million)
Figure 26. Frozen Waffles Market, Global Breakdown by Region, 2022 & 2030 (%)
Figure 27. North America Frozen Waffles Market Revenue and Forecasts to 2030 (US$ Million)
Figure 28. North America Frozen Waffles Market Breakdown by Type, 2022 & 2030 (%)
Figure 29. North America Frozen Waffles Market Breakdown by Category, 2022 & 2030 (%)
Figure 30. North America Frozen Waffles Market Breakdown by Distribution Channel, 2022 & 2030 (%)
Figure 31. North America Frozen Waffles Market Breakdown by Key Countries, 2022 & 2030 (%)
Figure 32. US Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 33. Canada Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 34. Mexico Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 35. Europe Frozen Waffles Market Revenue and Forecasts to 2030 (US$ Million)
Figure 36. Europe Frozen Waffles Market Breakdown by Type, 2022 & 2030 (%)
Figure 37. Europe Frozen Waffles Market Breakdown by Category, 2022 & 2030 (%)
Figure 38. Europe Frozen Waffles Market Breakdown by Distribution Channel, 2022 & 2030 (%)
Figure 39. Europe Frozen Waffles Market Breakdown by Key Countries, 2022 & 2030 (%)
Figure 40. Germany Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 41. France Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 42. Italy Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 43. UK Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 44. Russia Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 45. Rest of Europe Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 46. Asia Pacific Frozen Waffles Market Revenue and Forecasts to 2030 (US$ Million)
Figure 47. Asia Pacific Frozen Waffles Market Breakdown by Type, 2022 & 2030 (%)
Figure 48. Asia Pacific Frozen Waffles Market Breakdown by Category, 2022 & 2030 (%)
Figure 49. Asia Pacific Frozen Waffles Market Breakdown by Distribution Channel, 2022 & 2030 (%)
Figure 50. Asia Pacific Frozen Waffles Market Breakdown by Key Countries, 2022 & 2030 (%)
Figure 51. Australia Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 52. China Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 53. India Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 54. Japan Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 55. South Korea Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 56. Rest of Asia Pacific Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 57. Middle East & Africa Frozen Waffles Market Revenue and Forecasts to 2030 (US$ Million)
Figure 58. Middle East & Africa Frozen Waffles Market Breakdown by Type, 2022 & 2030 (%)
Figure 59. Middle East & Africa Frozen Waffles Market Breakdown by Category, 2022 & 2030 (%)
Figure 60. Middle East & Africa Frozen Waffles Market Breakdown by Distribution Channel, 2022 & 2030 (%)
Figure 61. Middle East & Africa Frozen Waffles Market Breakdown by Key Countries, 2022 & 2030 (%)
Figure 62. South Africa Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 63. Saudi Arabia Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 64. UAE Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 65. Rest of the Middle East & Africa Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 66. South and Central America Frozen Waffles Market Revenue and Forecasts to 2030 (US$ Million)
Figure 67. South and Central America Frozen Waffles Market Breakdown by Type, 2022 & 2030 (%)
Figure 68. South and Central America Frozen Waffles Market Breakdown by Category, 2022 & 2030 (%)
Figure 69. South and Central America Frozen Waffles Market Breakdown by Distribution Channel, 2022 & 2030 (%)
Figure 70. South and Central America Frozen Waffles Market Breakdown by Key Countries, 2022 & 2030 (%)
Figure 71. Brazil Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 72. Argentina Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 73. Rest of South and Central America Frozen Waffles Market Forecasts to 2030 (US$ Million)
Figure 74. Impact of the COVID-19 Pandemic on North America
Figure 75. Impact of the COVID-19 Pandemic in Europe
Figure 76. Impact of COVID-19 Pandemic in Asia Pacific
Figure 77. Impact of COVID-19 Pandemic in the Middle East & Africa
Figure 78. Impact of COVID-19 Pandemic in South & Central America
The List of Companies - Frozen Waffles Market
- DELY Wafels SRL
- Kodiak Cakes LLC
- Deligout Sprl
- Avieta SA
- Nature's Path Foods
- Julian's Recipe LLC
- Kellogg Co
- B Boys Inc
- Sara Lee Frozen Bakery LLC
- Hometown Food Co
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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