Global Wagyu Beef Market Opportunities 2024, Forecast To 2033
8 Mar, 2024
The wagyu beef market (17) increased from $2.35 billion in 2023 to $2.53 billion in 2024, with a CAGR of 7.6%, driven by culinary fusion. Forecasts anticipate growth to $3.29 billion by 2028, with a CAGR of 6.7%, propelled by quality standards. Trends include educational marketing and transparency.
Global Wagyu Beef Market Key Driver
The rapid expansion of the food and beverage industries is propelling the Wagyu beef market forward. With global food and beverage sales expected to surpass $857 billion by 2025, the demand for premium products like Wagyu beef is on the rise.
Get A Free Sample Of The Global Wagyu Beef Market ReportGlobal Wagyu Beef Market Segments
The wagyu beef market covered in this report is segmented –
1) Type:Wagyu And Kobe, Crossbreeding, 100% Fullblood Wagyu
2) Distribution Channel:Online Stores, Retail Stores
3) Application:Direct To Human Consume, Industrial Use
By Geography: The countries covered in the wagyu beef market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Asia-Pacific was the largest region in the wagyu beef market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the wagyu beef market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Wagyu Beef Industry Players
Starzen Company Ltd.; Itoham Foods Inc.; Stanbroke; Australian Agricultural Company;West Coast Prime Meats; Masami Foods; Broadleaf; DeBragga & Spitler Inc.; Middle East Fuji L.L.C.; Westholme; Mishima Reserve;The Dorset Meat Company; Jack's Creek; Black Hawk Farms;Chicago Steak Company;Holy Grail Steak Co.; KC Cattle Company;Lone Mountain Cattle Company; Nebraska Star Beef; Rangers Valley; Sher Wagyu; Snake River Farms;Tajimaya UK ltd.; Morgan Ranch LLC; DrybagSteak LLC; Blackmore Wagyu; Darling Downs Wagyu; Toriyama Umami Wagyu.
Get The Full Global Wagyu Beef Market ReportWagyu Beef Market Overview
Wagyu beef refers to a Japanese beef cattle breed modified from Asian cattle. It has distinct characteristics that make it tender and flavorful, and it contains a higher percentage of omega-3 and omega-6 fatty acids and more monounsaturated fats than other beef.