Global Commercial Waffle Maker Market 2017-2021

Overview of the global commercial waffle maker market

Market research analysts at Technavio predict that the global commercial waffle maker market will grow steadily during the next four years and post a CAGR of over 6% by 2021. This market research analysis identifies the increasing preference for waffles as breakfast meal as one of the primary growth factors for this market. With the advent of all-day breakfast menus by major quick service restaurants (QSRs), restaurants intensely compete to serve better breakfast meals. To lead the breakfast domain, restaurants are increasingly focusing on offering sandwiches and waffles and are also concentrating on offering different food products such as sweet and savory waffles. For instance, Waffle House provides breakfast offerings with waffles in combination with bacon, hash browns, and eggs covered or chunked. With the acceptance of waffles as a breakfast meal, this focus of restaurants to provide unique offerings will play a significant role in the growth of the commercial waffle maker market.

One of the latest trends that will gain traction in the commercial waffle maker market in the coming years is the growing popularity of waffles with health benefits. Due to the presence of high nutritional value and various added benefits, the demand for commercial waffle makers is significantly increasing across the globe. With the growing demand for waffles, restaurants are focusing on introducing waffle dishes with nutritional value. One of the restaurants Santa Clara eatery, already offers waffles stuffed with a burger patty and fried eggs.

Competitive landscape and key vendors