Global Wagyu Beef Market is Expected to Rise Exponentially at a Rate of 6.00% in the Forecast Period of 2021 to 2028

The Global Wagyu Beef Market is anticipated to rise exponentially at a rate of 6.00% in the forecast period of 2021 to 2028 and is estimated to reach USD 2.42 billion by 2028. The increasing profitable mushroom ingestion in restaurants, supermarkets, cafeterias, and hotels are major factors boosting the market growth rate.

Likewise, the growing awareness about wagyu beef's various health benefits generate new opportunities for the growth of the wagyu beef market.

Wagyu Beef Market Scenario

According to Data Bridge Market Research, the market for wagyu beef is expected to gain growth because of increasing population and growing consumer disposable income across the globe. In addition to this, due to its advantages such as it contains oleic acid that has the highest source of omega-three fatty acids and higher proportions of mono-unsaturated fats that basically protects against Alzheimer's, heart diseases, depression, arthritis, obesity, lowers cholesterol levels in the body, improves the immune system and controls blood pressure which are also acting as a key determinant favoring the growth of the wagyu beef market. On the flip side, high cost of production and high prices to consumers is expected to hamper market’s growth.

Now the question is which are the other regions that wagyu beef market is targeting? Data Bridge Market Research has estimated Asia-Pacific to show profitable growth as these regions being the largest exporter of wagyu beef globally.

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Wagyu Beef Market Scope    

Wagyu beef market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

  • All country based analysis of wagyu beef market is further analyzed based on maximum granularity into further segmentation. On the basis of nature, the wagyu beef market is segmented into organic and conventional. On the basis of product type, the wagyu beef market is segmented into Japanese breed, Australian breed, Cross breed and others. The Japanese breed segment captures the highest market share mainly because of the promotional activities the Japanese authorities carries out to increase consumption. On the basis of applications, the wagyu beef market is segmented into direct to human use and industrial use. On the basis of distribution channels, the wagyu beef market is segmented into online and retail. The online market is booming at a remarkable progress rate as consumers are now highly engaged in online shopping owing to their faster delivery options and a wide range of products available at viable prices.
  • Wagyu beef (also referred as Matsusaka beef, Kobe beef, Yonezawa beef, Mishima beef, Ōmi beef, and Sanda beef according to the different area) is a Japanese beef cattle breed customized from Asian cattle and contains unique characteristics, which makes it more tender and flavorful than other kinds of beef.

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Key Pointers Covered in the Wagyu Beef Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Itoham Foods Inc.
  • Black Hawk Prime
  • Australian Agricultural Company
  • Starzen Co., Ltd
  • Imperial Wagyu Beef
  • Toriyama Umami Wagyu
  • Mishima Reserve
  • Snake River Farms
  • Blackmore Wagyu
  • Lone Mountain Cattle Company
  • KC Cattle Company
  • Nebraska Star Beef
  • Blackmore Wagyu
  • Middle East Fuji L.L.C
  • KandK International
  • Tajimaya UK ltd.
  • Holy Grail Steak Co
  • DeBragga and Spitler
  • Sysco Corporation
  • Chicago Steak Company
  • Creek Bed Country Pharmacy, LLC
  • The Butcher's Market
  • West Coast Prime Meat
  • American Grass Fed Beef 

Above are the key players covered in the report, to know about more and exhaustive list of wagyu beef companies’ contact us

Research Methodology of Global Wagyu Beef Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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