Global Wasabi Market Growth 2023-2029
LPI (LP Information)' newest research report, the “Wasabi Industry Forecast” looks at past sales and reviews total world Wasabi sales in 2022, providing a comprehensive analysis by region and market sector of projected Wasabi sales for 2023 through 2029. With Wasabi sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wasabi industry.
This Insight Report provides a comprehensive analysis of the global Wasabi 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 Wasabi portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wasabi market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wasabi 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 Wasabi.
The global Wasabi market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In China Mainland, the key players of wasabi include Jinkui Group, Rch Food, Dalian Tianli, Dalian Tianpeng Food Co, Shanghai Artisan Food, etc. The top five players hold a share over 67%. In terms of product type, Sauce (Paste) is the largest segment, occupied for a share of 71%, and in terms of application, Restaurant has a share about 56 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Wasabi market by product type, sales channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sauce (Paste)
Powder
Segmentation by sales channel
Restaurant
Online Retail
Offline Retail
Industrial
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.
S&B Foods
House Foods
KINJIRUSHI Co
Yutaka (Tazaki Foods)
Chung Jung One
Jinkui Group
Rch Food
Dalian Tianli
Dalian Tianpeng Food Co
Shanghai Artisan Food
Dalian Qingshui
Yongyi Foods
KINGZEST
Beijing Jideli Food
Sichuan Chuanzhen Industries Co
Guangdong Jialong Food
Guangdong Bai Wei Jia
Mccormick
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wasabi market?
What factors are driving Wasabi market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wasabi market opportunities vary by end market size?
How does Wasabi 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.
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