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Wasabi Market to 2027 - Global Analysis and Forecasts by Product Type (Powder, Paste & Sauces, and Others); Packaging Type (Bottles, Tubes, Pouches & Sachets, and Others); Distribution Channel (Store based and Non-Store based); Application (Food & Beverages, Medical, and Nutraceutical)

RnM3806303
07 October, 2019
Global
182 Pages
The Insight Partners
Food & Beverages

The global wasabi market was valued at US$ 279.7 Mn in 2018 and is expected to reach US$ 590.8 Mn by 2027 with a CAGR growth rate of 8.7% in the forecast period from 2019 to 2027.

The rising demand of wasabi owing to the increasing popularity of Japanese cuisine worldwide and its diverse health benefits, it is now grown in various parts of China, North America, Korea, and New Zealand among other places with suitable climatic conditions. Wasabi is an important condiment that is used in sushi, noodles and other Japanese dishes. Growing proliferation of Japanese cuisine across the world and increasing awareness of health benefits of wasabi are some of the factors driving the scope of wasabi market. The food & beverage industry is expected to drive the demand for wasabi worldwide owing to increase in the number of restaurants serving Japanese cuisines.

The wasabi market is experiencing a rise in both order intake and revenues. Driving factors such as growing proliferation of Japanese cuisine across the world and increasing awareness of health benefits of wasabi are anticipated to have a huge impact on the development of wasabi market in the coming years. Further, high price of Wasabia japonica pertaining to increased production complexities is expected to hinder the market growth in the coming years and have a high impact on the wasabi market in the shorter term.

In the global wasabi market, North America is anticipated to grow with the highest CAGR during the forecast period. Whereas, Asia Pacific holds the highest market share in the wasabi market. The economic growth in the developing countries of Asia-Pacific is quite impressive and these countries are expected to offer ample growth opportunities for the wasabi market.

The wasabi market globally is segmented by packaging type into bottles, tubes, pouches & sachets, and others. Geographically, the wasabi market is divided into five regions, including North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America.

The overall wasabi market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the wasabi market. Also, multiple primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the wasabi industry.

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Global Wasabi Market, By Product Type
- 1.3.2 Global Wasabi Market, By Packaging Type
- 1.3.3 Global Wasabi Market, By Distribution Channel
- 1.3.4 Global Wasabi Market, By Application
- 1.3.5 Global Wasabi Market, By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Wasabi- Market Landscape

4.1 Market Overview
4.2 Expert Opinions
4.3 PEST Analysis
- 4.3.1 North America – PEST Analysis
- 4.3.2 Wasabi Market – Europe PEST Analysis
- 4.3.3 Asia-Pacific PEST Analysis
- 4.3.4 Wasabi Market – Middle East and Africa PEST Analysis
- 4.3.5 Wasabi Market – South America PEST Analysis

5. Wasabi Market – Key Industry Dynamics

5.1 Key Market Drivers
- 5.1.1 Growing proliferation of Japanese cuisine across the world
- 5.1.2 Increasing awareness of health benefits of wasabi
5.2 Key Market Restraint
- 5.2.1 High price of Wasabia japonica pertaining to increased production complexities
5.3 Key Market Opportunity
- 5.3.1 Increasing production opportunities across various regions
5.4 Future Trend
- 5.4.1 Emergence of fusion cuisine and newer applications
5.5 Impact Analysis of Drivers and Restraints

6. Wasabi Market– Global Analysis

6.1 Global Wasabi Market Overview
6.2 Global Wasabi Market Forecast and Analysis
6.3 Market Positioning - Key Players

7. Wasabi Market Analysis – By Product Type

7.1 Overview
7.2 Wasabi Market Breakdown, By Product Type, 2018 & 2027
7.3 Powder
- 7.3.1 Overview
- 7.3.2 Powder Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Paste And Sauces
- 7.4.1 Overview
- 7.4.2 Paste and Sauces Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

8. Wasabi Market Revenue and Forecasts to 2027 –By Packaging Type

8.1 Overview
8.2 Wasabi Market Breakdown, By Packaging Type, 2018 & 2027
8.3 Bottles
- 8.3.1 Overview
- 8.3.2 Bottles Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Tubes
- 8.4.1 Overview
- 8.4.2 Tubes Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Pouches and Sachets
- 8.5.1 Overview
- 8.5.2 Pouches and Sachets Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

9. Wasabi Market Analysis – By Distribution Channel

9.1 Overview
9.2 Global Wasabi Market Breakdown, By Distribution Channel, 2018 & 2027
9.3 Stored based
- 9.3.1 Overview
- 9.3.2 Stored based Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Non-Stored based
- 9.4.1 Overview
- 9.4.2 Non-Stored based Market Revenue and Forecasts to 2027 (US$ Mn)

10. Wasabi Market Analysis – By Application

10.1 Overview
10.2 Global Wasabi Market Breakdown, By Application, 2018 & 2027
10.3 Food & Beverage
- 10.3.1 Overview
- 10.3.2 Food & Beverage Market Revenue and Forecasts to 2027 (US$ Mn)
10.4 Medical
- 10.4.1 Overview
- 10.4.2 Medical Market Revenue and Forecasts to 2027 (US$ Mn)
10.5 Nutraceutical
- 10.5.1 Overview
- 10.5.2 Nutraceutical Market Revenue and Forecasts to 2027 (US$ Mn)

11. Global Wasabi Market – Geographic Analysis

11.1 Overview
11.2 North America Wasabi Market Revenue and Forecasts to 2027
- 11.2.1 North America Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
- 11.2.2 North America Wasabi Market Breakdown, By Product Type
- 11.2.3 North America Wasabi Market Breakdown, By Packaging Type
- 11.2.4 North America Wasabi Market Breakdown, By Distribution Channel
- 11.2.5 North America Wasabi Market Breakdown, By Application
- 11.2.6 North America Wasabi Market Breakdown, By Key Country
  - 11.2.6.1 US Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
  - 11.2.6.1.1 US Wasabi Market Breakdown, By Product Type
  - 11.2.6.1.2 US Wasabi Market Breakdown, By Packaging Type
  - 11.2.6.1.3 US Wasabi Market Breakdown, By Distribution Channel
  - 11.2.6.1.4 US Wasabi Market Breakdown, By Application
  - 11.2.6.2 Canada Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
  - 11.2.6.2.1 Canada Wasabi Market Breakdown, By Product Type
  - 11.2.6.2.2 Canada Wasabi Market Breakdown, By Packaging Type
  - 11.2.6.2.3 Canada Wasabi Market Breakdown, By Distribution Channel
  - 11.2.6.2.4 Canada Wasabi Market Breakdown, By Application
  - 11.2.6.3 Mexico Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
  - 11.2.6.3.1 Mexico Wasabi Market Breakdown, By Product Type
  - 11.2.6.3.2 Mexico Wasabi Market Breakdown, By Packaging Type
  - 11.2.6.3.3 Mexico Wasabi Market Breakdown, By Distribution Channel
  - 11.2.6.3.4 Mexico Wasabi Market Breakdown, By Application
  - 11.3 Europe Wasabi Market Revenue and Forecasts To 2027
    - 11.3.1 Europe Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
    - 11.3.2 Europe Wasabi Market Breakdown, By Product Type
    - 11.3.3 Europe Wasabi Market Breakdown, By Packaging Type
    - 11.3.4 Europe Wasabi Market Breakdown, By Distribution Channel
    - 11.3.5 Europe Wasabi Market Breakdown, By Application
    - 11.3.6 Europe Wasabi Market Breakdown, By Key Country
      - 11.3.6.1 Germany Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
      - 11.3.6.1.1 Germany Wasabi Market Breakdown, By Product Type
      - 11.3.6.1.2 Germany Wasabi Market Breakdown, By Packaging Type
      - 11.3.6.1.3 Germany Wasabi Market Breakdown, By Distribution Channel
      - 11.3.6.1.4 Germany Wasabi Market Breakdown, By Application
      - 11.3.6.2 France Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
      - 11.3.6.2.1 France Wasabi Market Breakdown, By Product Type
      - 11.3.6.2.2 France Wasabi Market Breakdown, By Packaging Type
      - 11.3.6.2.3 France Wasabi Market Breakdown, By Distribution Channel
      - 11.3.6.2.4 France Wasabi Market Breakdown, By Application
      - 11.3.6.3 Italy Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
      - 11.3.6.3.1 Italy Wasabi Market Breakdown, By Product Type
      - 11.3.6.3.2 Italy Wasabi Market Breakdown, By Packaging Type
      - 11.3.6.3.3 Italy Wasabi Market Breakdown, By Distribution Channel
      - 11.3.6.3.4 Italy Wasabi Market Breakdown, By Application
      - 11.3.6.4 UK Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
      - 11.3.6.4.1 UK Wasabi Market Breakdown, By Product Type
      - 11.3.6.4.2 UK Wasabi Market Breakdown, By Packaging Type
      - 11.3.6.4.3 UK Wasabi Market Breakdown, By Distribution Channel
      - 11.3.6.4.4 UK Wasabi Market Breakdown, By Application
      - 11.3.6.5 Russia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
      - 11.3.6.5.1 Russia Wasabi Market Breakdown, By Product Type
      - 11.3.6.5.2 Russia Wasabi Market Breakdown, By Packaging Type
      - 11.3.6.5.3 Russia Wasabi Market Breakdown, By Distribution Channel
      - 11.3.6.5.4 Russia Wasabi Market Breakdown, By Application
      - 11.3.6.6 Rest Of Europe Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
      - 11.3.6.6.1 Rest Of Europe Wasabi Market Breakdown, By Product Type
      - 11.3.6.6.2 Rest Of Europe Wasabi Market Breakdown, By Packaging Type
      - 11.3.6.6.3 Rest of Europe Wasabi Market Breakdown, By Distribution Channel
      - 11.3.6.6.4 Rest Of Europe Wasabi Market Breakdown, By Application
      - 11.4 APAC Wasabi Market Revenue and Forecasts To 2027
        11.4.1 APAC Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.4.2 APAC Wasabi Market Breakdown, By Product Type
        11.4.3 APAC Wasabi Market Breakdown, By Packaging Type
        11.4.4 APAC Wasabi Market Breakdown, By Distribution Channel
        11.4.5 APAC Wasabi Market Breakdown, By Application
        11.4.6 APAC Wasabi Market Breakdown, By Key Country
        11.4.6.1 Australia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.4.6.1.1 Australia Wasabi Market Breakdown, By Product Type
        11.4.6.1.2 Australia Wasabi Market Breakdown, By Packaging Type
        11.4.6.1.3 Australia Wasabi Market Breakdown, By Distribution Channel
        11.4.6.1.4 Australia Wasabi Market Breakdown, By Application
        11.4.6.2 China Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.4.6.2.1 China Wasabi Market Breakdown, By Product Type
        11.4.6.2.2 China Wasabi Market Breakdown, By Packaging Type
        11.4.6.2.3 China Wasabi Market Breakdown, By Distribution Channel
        11.4.6.2.4 China Wasabi Market Breakdown, By Application
        11.4.6.3 Taiwan Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.4.6.3.1 Taiwan Wasabi Market Breakdown, By Product Type
        11.4.6.3.2 Taiwan Wasabi Market Breakdown, By Packaging Type
        11.4.6.3.3 Taiwan Wasabi Market Breakdown, By Distribution Channel
        11.4.6.3.4 Taiwan Wasabi Market Breakdown, By Application
        11.4.6.4 Japan Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.4.6.4.1 Japan Wasabi Market Breakdown, By Product Type
        11.4.6.4.2 Japan Wasabi Market Breakdown, By Packaging Type
        11.4.6.4.3 Japan Wasabi Market Breakdown, By Distribution Channel
        11.4.6.4.4 Japan Wasabi Market Breakdown, By Application
        11.4.6.5 New Zealand Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.4.6.5.1 New Zealand Wasabi Market Breakdown, By Product Type
        11.4.6.5.2 New Zealand Wasabi Market Breakdown, By Packaging Type
        11.4.6.5.3 New Zealand Wasabi Market Breakdown, By Distribution Channel
        11.4.6.5.4 New Zealand Wasabi Market Breakdown, By Application
        11.4.6.6 Rest of APAC Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.4.6.6.1 Rest of APAC Wasabi Market Breakdown, By Product Type
        11.4.6.6.2 Rest of APAC Wasabi Market Breakdown, By Packaging Type
        11.4.6.6.3 Rest of APAC Wasabi Market Breakdown, By Distribution Channel
        11.4.6.6.4 Rest of APAC Wasabi Market Breakdown, By Application
        11.5 Middle East and Africa Wasabi Market Revenue and Forecasts To 2027
        11.5.1 MEA Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.5.2 MEA Wasabi Market Breakdown, By Product Type
        11.5.3 MEA Wasabi Market Breakdown, By Packaging Type
        11.5.4 MEA Wasabi Market Breakdown, By Distribution Channel
        11.5.5 MEA Wasabi Market Breakdown, By Application
        11.5.6 MEA Wasabi Market Breakdown, By Key Country
        11.5.6.1 South Africa Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.5.6.1.1 South Africa Wasabi Market Breakdown, By Product Type
        11.5.6.1.2 South Africa Wasabi Market Breakdown, By Packaging Type
        11.5.6.1.3 South Africa Wasabi Market Breakdown, By Distribution Channel
        11.5.6.1.4 South Africa Wasabi Market Breakdown, By Application
        11.5.6.2 Saudi Arabia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.5.6.2.1 Saudi Arabia Wasabi Market Breakdown, By Product Type
        11.5.6.2.2 Saudi Arabia Wasabi Market Breakdown, By Packaging Type
        11.5.6.2.3 Saudi Arabia Wasabi Market Breakdown, By Distribution Channel
        11.5.6.2.4 Saudi Arabia Wasabi Market Breakdown, By Application
        11.5.6.3 UAE Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.5.6.3.1 UAE Wasabi Market Breakdown, By Product Type
        11.5.6.3.2 UAE Wasabi Market Breakdown, By Packaging Type
        11.5.6.3.3 UAE Wasabi Market Breakdown, By Distribution Channel
        11.5.6.3.4 UAE Wasabi Market Breakdown, By Application
        11.5.6.4 Rest of MEA Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.5.6.4.1 Rest of MEA Wasabi Market Breakdown, By Product Type
        11.5.6.4.2 Rest of MEA Wasabi Market Breakdown, By Packaging Type
        11.5.6.4.3 Rest of MEA Wasabi Market Breakdown, By Distribution Channel
        11.5.6.4.4 Rest of MEA Wasabi Market Breakdown, By Application
        11.6 South America Wasabi Market Revenue and Forecasts To 2027
        11.6.1 South America Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.6.2 SAM Wasabi Market Breakdown, By Product Type
        11.6.3 SAM Wasabi Market Breakdown, By Packaging Type
        11.6.4 SAM Wasabi Market Breakdown, By Distribution Channel
        11.6.5 SAM Wasabi Market Breakdown, By Application
        11.6.6 South America Wasabi Market Breakdown, By Key Country
        11.6.6.1 Brazil Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.6.6.1.1 Brazil Wasabi Market Breakdown, By Product Type
        11.6.6.1.2 Brazil Wasabi Market Breakdown, By Packaging Type
        11.6.6.1.3 Brazil Wasabi Market Breakdown, By Distribution Channel
        11.6.6.1.4 Brazil Wasabi Market Breakdown, By Application
        11.6.6.2 Argentina Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.6.6.2.1 Argentina Wasabi Market Breakdown, By Product Type
        11.6.6.2.2 Argentina Wasabi Market Breakdown, By Packaging Type
        11.6.6.2.3 Argentina Wasabi Market Breakdown, By Distribution Channel
        11.6.6.2.4 Argentina Wasabi Market Breakdown, By Application
        11.6.6.3 Rest of SAM Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)
        11.6.6.3.1 Rest of SAM Wasabi Market Breakdown, By Product Type
        11.6.6.3.2 Rest of SAM Wasabi Market Breakdown, By Packaging Type
        11.6.6.3.3 Rest of SAM Wasabi Market Breakdown, By Distribution Channel
        11.6.6.3.4 Rest of SAM Wasabi Market Breakdown, By Application
        12. Industry Landscape
        12.1 Overview
        12.2 Market Initiative
        12.3 New Development
        13. Key Company Profiles
        13.1 Clearspring Ltd
        13.1.1 Key Facts
        13.1.2 Business Description
        13.1.3 Products and Services
        13.1.4 Financial Overview
        13.1.5 SWOT Analysis
        13.2 Eden Foods
        13.2.1 Key Facts
        13.2.2 Business Description
        13.2.3 Products and Services
        13.2.4 Financial Overview
        13.2.5 SWOT Analysis
        13.2.6 Key Developments
        13.3 KINJIRUSHI Co., Ltd.
        13.3.1 Key Facts
        13.3.2 Business Description
        13.3.3 Products and Services
        13.3.4 Financial Overview
        13.3.5 SWOT Analysis
        13.4 Real Wasabi, LLC
        13.4.1 Key Facts
        13.4.2 Business Description
        13.4.3 Products and Services
        13.4.4 Financial Overview
        13.4.5 SWOT Analysis
        13.5 Silver Spring Foods, Inc.
        13.5.1 Key Facts
        13.5.2 Business Description
        13.5.3 Products and Services
        13.5.4 Financial Overview
        13.5.5 SWOT Analysis
        13.5.6 Key Developments
        13.6 Oregon Coast Wasabi
        13.6.1 Key Facts
        13.6.2 Business Description
        13.6.3 Products and Services
        13.6.4 Financial Overview
        13.6.5 SWOT Analysis
        13.7 S&B FOODS INC.
        13.7.1 Key Facts
        13.7.2 Business Description
        13.7.3 Products and Services
        13.7.4 Financial Overview
        13.7.5 SWOT Analysis
        13.7.6 Key Developments
        13.8 WORLD WASABI, INC.
        13.8.1 Key Facts
        13.8.2 Business Description
        13.8.3 Products and Services
        13.8.4 Financial Overview
        13.8.5 SWOT Analysis
        13.9 Wingreens Farms
        13.9.1 Key Facts
        13.9.2 Business Description
        13.9.3 Products and Services
        13.9.4 Financial Overview
        13.9.5 SWOT Analysis
        13.10 Wasabi Essentials Ltd.
        13.10.1 Key Facts
        13.10.2 Business Description
        13.10.3 Product and Services
        13.10.4 Financial Overview
        13.10.5 SWOT Analysis
        14. Appendix
        14.1 About The Insight Partners
        14.2 Glossary

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Summary:
Get latest Market Research Reports on Wasabi . Industry analysis & Market Report on Wasabi is a syndicated market report, published as Wasabi Market to 2027 - Global Analysis and Forecasts by Product Type (Powder, Paste & Sauces, and Others); Packaging Type (Bottles, Tubes, Pouches & Sachets, and Others); Distribution Channel (Store based and Non-Store based); Application (Food & Beverages, Medical, and Nutraceutical). It is complete Research Study and Industry Analysis of Wasabi market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

Last updated on 07 October, 2019

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Wasabi Market to 2027 - Global Analysis and Forecasts by Product Type (Powder, Paste & Sauces, and Others); Packaging Type (Bottles, Tubes, Pouches & Sachets, and Others); Distribution Channel (Store based and Non-Store based); Application (Food & Beverages, Medical, and Nutraceutical)

Table Of Content

TABLE OF CONTENTS

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Wasabi- Market Landscape

5. Wasabi Market – Key Industry Dynamics

6. Wasabi Market– Global Analysis

7. Wasabi Market Analysis – By Product Type

8. Wasabi Market Revenue and Forecasts to 2027 –By Packaging Type

9. Wasabi Market Analysis – By Distribution Channel

10. Wasabi Market Analysis – By Application

11. Global Wasabi Market – Geographic Analysis

12. Industry Landscape

13. Key Company Profiles

14. Appendix

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