Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Wagyu Beef Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Wagyu Beef Market?
The wagyu beef market size has grown strongly in recent years. It will grow from $2.53 billion in 2024 to $2.69 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to cross-cultural culinary fusion, culinary education and awareness, rise of high-end retail, globalization of culinary trends, media and culinary influencers.
What Are the Expected Market Growth Trends for the Wagyu Beef Market Through 2029?
The global wagyu beef market is projected to reach $3.5 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%.
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What Are the Key Business Drivers in the Wagyu Beef Market Landscape?
The key drivers in the wagyu beef market are:
• Rapid growth and expansion in the food and beverage industries
• Transformation of raw agricultural materials into consumer food products
• High consumption rate of Wagyu beef due to its unique fat marbling and vibrant flavor
• Increase in food production and sales globally.
How Is the Wagyu Beef Market Divided Across Key Categories?
The wagyu beefmarket covered in this report is segmented –
1) By Type: Wagyu And Kobe, Crossbreeding, 100% Fullblood Wagyu
2) By Distribution Channel: Online Stores, Retail Stores
3) By Application: Direct To Human Consume, Industrial Use
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What Are the Ongoing Trends in the Wagyu Beef Market?
The key trends in the wagyu beef market are:
• Product innovation is increasingly becoming a prevalent trend in the Wagyu beef market.
• Companies are placing emphasis on developing new and unique solutions to maintain their market position.
• There is a focus on producing ethically raised, sustainable products within the industry.
• The characteristic features of the product, such as its flavour profile and marbling, are becoming key differentiating elements in the market.
Which Companies are Expanding in the Wagyu Beef Industry?
Major players in the wagyu beef market are:
• 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
Which is the Largest Region the Global Wagyu Beef Market?
Asia-Pacific was the largest region in the wagyu beef market in 2024
