Wagyu Beef Trends and Forecast
The future of the global wagyu beef market looks promising with opportunities in the direct to human use and industrial use markets. The global wagyu beef market is expected to grow with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are rising awareness about health benefits associated with consumption of wagyu beef, rising trend of exotic meals, along with the high prevalence of five star restaurants.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Wagyu Beef by Segment
The study includes a forecast for the global wagyu beef by nature, product type, distribution channel, application, and region.
Wagyu Beef Market by Nature [Shipment Analysis by Value from 2018 to 2030]:
• Organic
• Conventional
Wagyu Beef Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Japanese Breed
• Australian Breed
• Cross Breed
• Others
Wagyu Beef Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Online
• Retail
Wagyu Beef Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Direct To Human Use
• Industrial Use
Wagyu Beef Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Wagyu Beef Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wagyu beef companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wagyu beef companies profiled in this report include-
• Black Hawk Farms
• Australian Agricultural
• Starzen
• Imperial Wagyu Beef
• Toriyama Umami Wagyu
• Mishima Reserve
• Snake River Farms
• Blackmore Wagyu
• Lone Mountain Cattle
• K.C. Cattle Company
Wagyu Beef Market Insights
Lucintel forecasts that organic is expected to witness highest growth over the forecast period.
Within this market, direct to human use is expected to witness higher growth over the forecast period.
APAC will remain the largest segment due to Asia-PacificÄX%$%Xs shifting product-buying patterns and supportive government initiatives, as well as, Japan is the worldÄX%$%Xs biggest producer and consumer of wagyu beef, especially full blood and wagyu.
Features of the Global Wagyu Beef Market
Market Size Estimates: Wagyu beef market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wagyu beef market size by nature, product type, distribution channel, application, and region in terms of value ($B).
Regional Analysis: Wagyu beef market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different nature, product type, distribution channel, application, and regions for the wagyu beef market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wagyu beef market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for wagyu beef market?
Answer: The global wagyu beef market is expected to grow with a CAGR of 6.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the wagyu beef market?
Answer: The major drivers for this market are rising awareness about health benefits associated with consumption of wagyu beef, rising trend of exotic meals, along with the high prevalence of five star restaurants.
Q3. What are the major segments for wagyu beef market?
Answer: The future of the global wagyu beef market looks promising with opportunities in the direct to human use and industrial use markets.
Q4. Who are the key wagyu beef market companies?
Answer: Some of the key wagyu beef companies are as follows:
• Black Hawk Farms
• Australian Agricultural
• Starzen
• Imperial Wagyu Beef
• Toriyama Umami Wagyu
• Mishima Reserve
• Snake River Farms
• Blackmore Wagyu
• Lone Mountain Cattle
• K.C. Cattle Company
Q5. Which wagyu beef market segment will be the largest in future?
Answer: Lucintel forecasts that organic is expected to witness highest growth over the forecast period.
Q6. In wagyu beef market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest segment due to Asia-PacificÄX%$%Xs shifting product-buying patterns and supportive government initiatives, as well as, Japan is the worldÄX%$%Xs biggest producer and consumer of wagyu beef, especially full blood and wagyu.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the wagyu beef market by nature (organic and conventional), product type (Japanese breed, Australian breed, cross breed, and others), distribution channel (online and retail), application (direct to human use and industrial use), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Wagyu Beef Market, Wagyu Beef Market Size, Wagyu Beef Market Growth, Wagyu Beef Market Analysis, Wagyu Beef Market Report, Wagyu Beef Market Share, Wagyu Beef Market Trends, Wagyu Beef Market Forecast, Wagyu Beef Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.