Global Wagyu Beef Market Growth 2023-2029

Global Wagyu Beef Market Growth 2023-2029

Wagyu is a breed of cattle native and unique in their genetics to Japan.Wagyu beef is highly marbled, meaning that the muscle is finely interspersed with monounsaturated fat. This marbling gives the beef its “melt in the mouth” moisture and tenderness.
LPI (LP Information)' newest research report, the “Wagyu Beef Industry Forecast” looks at past sales and reviews total world Wagyu Beef sales in 2022, providing a comprehensive analysis by region and market sector of projected Wagyu Beef sales for 2023 through 2029. With Wagyu Beef sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wagyu Beef industry.
This Insight Report provides a comprehensive analysis of the global Wagyu Beef landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wagyu Beef portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wagyu Beef market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wagyu Beef and breaks down the forecast by type, by sales channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wagyu Beef.
The global Wagyu Beef market size is projected to grow from US$ 10370 million in 2022 to US$ 13500 million in 2029; it is expected to grow at a CAGR of 13500 from 2023 to 2029.
Japan is the largest producer of Wagyu Beef, and it also leads in global consumption, accounting for more than 80% of total volume. Except for Japan, Australia and US are also the main producer of wagyu beef.
The market for Wagyu Beef is fragment, the major players including Itoham Foods Inc., Starzen Co., Ltd., Australian Agricultural Company (AACo), Snake River Farms, Mishima Reserve, Blackmore Wagyu, Imperial Wagyu Beef, Black Hawk Prime, Lone Mountain Cattle Company, Toriyama Umami Wagyu, Masami Foods, Morgan Ranch and so on. Itoham Foods Inc account for nearly 15% global market share in value in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Wagyu Beef market by product type, sales channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fullblood Wagyu
Purebred Wagyu
Crossbred Wagyu
Segmentation by sales channel
Retail
Wholesaler
Direct to Consumer
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Itoham Foods Inc.
Starzen Co., Ltd.
Australian Agricultural Company (AACo)
Snake River Farms
Mishima Reserve
Blackmore Wagyu
Imperial Wagyu Beef
Black Hawk Prime
Lone Mountain Cattle Company
Toriyama Umami Wagyu
Masami Foods
Morgan Ranch

Key Questions Addressed in this Report
What is the 10-year outlook for the global Wagyu Beef market?
What factors are driving Wagyu Beef market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wagyu Beef market opportunities vary by end market size?
How does Wagyu Beef break out type, sales channel?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.