Wasabi Market Research Report - Forecast till 2027

Wasabi Market Research Report: Information by Product Type (Powder, Paste and Sauces, Others), Packaging Type (Bottles and Jars, Tubes, Pouches and Sachets, Others), Distribution Channel (Store-Based, Non-Store-Based) and Region - Forecast till 2027

ID: MRFR/F-B & N/6370-HCR | February 2021 | Region: Global | 90 pages

Please note that assessment period of report has been updated from 2019-2024 to 2020-2027. Cordially fill sample form for updated data.

Market Scenario


Wasabi possesses a unique flavor, which comes from isothiocyanates (ITCs) sulfur compounds. ITCs are generated from the precursor glucosinolates (GSLs) when the plant tissues are damaged. The ITCs in wasabi help in countering inflammatory conditions such as anaphylaxis and asthma. Thus, the rising awareness of the properties of wasabi is expected to boost the growth of the global wasabi market in the future. The taste trends are changing especially in the West. In Western cuisine, the addition of hot and spicy ingredients has led food & beverage manufacturers to develop products containing wasabi. The demand for milder mayonnaises and sauces containing wasabi is increasing due to the enhanced taste and flavor.


Segmentation


The global wasabi market has been segmented based on product type, packaging type, distribution channel, and region.


Based on product type, the wasabi industry has been classified as powder, paste and sauces, and others


On the basis of packaging type, the global market has been segregated into bottles and jars, tubes, pouches and sachets, and others.


The global wasabi industry has also been divided, on the basis of distribution channel, into store-based and non-store-based. The store-based segment has been further categorized as supermarkets and hypermarkets, convenience stores, and others.


The global wasabi market has been studied for four regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American wasabi market has further been segmented into the US, Canada, and Mexico. The European wasabi market has been classified into the UK, Germany, France, Italy, Spain, and the rest of Europe. The wasabi market in Asia-Pacific has been divided into China, India, Japan, Australia and


New Zealand, and the rest of Asia-Pacific. The wasabi industry in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players


Wingreens Farms Pvt. Ltd. (India), Oregon Coast Wasabi (US), Real Wasabi, LLC (US), Kinjirushi CO., Ltd (US), Pacific Coast Wasabi Ltd. (US), S&B Foods Inc. (Japan), Eden Foods, Inc. (US), Clearspring Ltd. (US), and World Wasabi Inc. (New Zealand) are some of the key players in the global wasabi market.


Regional Market Summary Global Wasabi Market Share (%), by Region, 2018 Source: Secondary Sources and MRFR Analysis


Asia-Pacific is expected to dominate the global wasabi market during the forecast period as wasabi is a valuable crop that is served as a condiment with sushi or noodles in Japanese cuisine. The pungent and hot taste of wasabi has led to its use in various other cuisines. The increasing popularity of wasabi due to its properties is expected to drive the growth of the regional market.


The increasing use of wasabi in various products to enhance quality, taste, and texture is expected to result in a significant share for the European market in the coming years. However, the market in North America is expected to register the highest CAGR due to the adoption of a variety of cuisines and increasing preference for unique flavors.


Global Market, by Product Type



  • Powder

  • Paste and Sauces

  • Others


Global Market, by Packaging Type



  • Bottles and Jars

  • Tubes

  • Pouches and Sachets

  • Others


Global Market, by Distribution Channel



  • Store-Based


    • Supermarkets and Hypermarkets

    • Convenience Stores

    • Others


  • Non-Store-Based


Global Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience



  • Wasabi producers/processors

  • Food & beverage manufacturers

  • Food retail outlets

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Rivalry

5 Market Dynamics of the Global Wasabi Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Wasabi Market, by Product Type

6.1 Introduction

6.2 Powder

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Paste and Sauces

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Others

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Wasabi Market, by Packaging Type

7.1 Introduction

7.2 Bottles & Jars

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Tubes

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Pouches & Sachets

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Wasabi Market, by Distribution Channel

8.1 Introduction

8.2 Store-Based

8.2.1 Supermarkets & Hypermarkets

8.2.1.1 Market Estimates & Forecast, 2020–2027

8.2.1.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.2 Convenience Stores

8.2.2.1 Market Estimates & Forecast, 2020–2027

8.2.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.4 Others

8.2.4.1 Market Estimates & Forecast, 2020–2027

8.2.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Non-Store-Based

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Wasabi Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2020–2027

9.3.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.6. France

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.8.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027 9.3.9 UK

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.9.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.10.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.10.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.8.4 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.9.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.9.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5 Rest of the World (RoW)

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.5 South America

9.5.5.1 Market Estimates & Forecast, 2020–2027

9.5.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.6 Middle East

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.7 Africa

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

11. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

12. Company Profiles

12.1 Wingreens Farms Pvt. Ltd.

12.1.1 Company Overview

12.1.2 Financial Updates

12.1.3 Product/Business Segment Overview

12.1.4 Strategy

12.1.5 Key Developments

12.1.6 SWOT Analysis

12.2 Oregon Coast Wasabi

12.2.1 Company Overview

12.2.2 Financial Updates

12.2.3 Product/Business Segment Overview

12.2.4 Strategy

12.2.5 Key Developments

12.2.6 SWOT Analysis

12.3 Real Wasabi, LLC

12.3.1 Company Overview

12.3.2 Financial Updates

12.3.3 Product/Business Segment Overview

12.3.4 Strategy

12.3.5 Key Developments

12.3.6 SWOT Analysis

12.4 Kinjirushi CO., Ltd

12.4.1 Company Overview

12.4.2 Financial Updates

12.4.3 Product/Business Segment Overview

12.4.4 Strategy

12.4.5 Key Developments

12.4.6 SWOT Analysis

12.5 Pacific Coast Wasabi Ltd.

12.5.1 Company Overview

12.5.2 Financial Updates

12.5.3 Product/Business Segment Overview

12.5.4 Strategy

12.5.5 Key Developments

12.5.6 SWOT Analysis

12.6 S&B Foods Inc.

12.6.1 Company Overview

12.6.2 Financial Updates

12.6.3 Product/Business Segment Overview

12.6.4 Strategy

12.6.5 Key Developments

12.6.6 SWOT Analysis

12.7 Eden Foods, Inc.

12.7.1 Company Overview

12.7.2 Financial Updates

12.7.3 Product/Business Segment Overview

12.7.4 Strategy

12.7.5 Key Developments

12.7.6 SWOT Analysis

12.8 Clearspring Ltd.

12.8.1 Company Overview

12.8.2 Financial Updates

12.8.3 Product/Business Segment Overview

12.8.4 Strategy

12.8.5 Key Developments

12.8.6 SWOT Analysis

12.9 World Wasabi Inc.

12.9.1 Company Overview

12.9.2 Financial Updates

12.9.3 Product/Business Segment Overview

12.9.4 Strategy

12.9.5 Key Developments

12.9.6 SWOT Analysis

13. Conclusion


LIST OF TABLES

Table 1 Global Wasabi Market, by Region, 2020–2027 (USD Million)

Table 2 Global Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 3 Global Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 4 Global Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 5 North America: Wasabi Market, by Country, 2020–2027 (USD Million)

Table 6 North America: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 7 North America: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 8 North America: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 US: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 10 US: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 11 US: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 12 Canada: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 13 Canada: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 14 Canada: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 15 Mexico: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 16 Mexico: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 17 Mexico: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 Europe: Wasabi Market, by Country, 2020–2027 (USD Million)

Table 19 Europe: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 20 Europe: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 21 Europe: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Germany: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 23 Germany: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 24 Germany: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 25 France: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 26 France: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 27 France: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Italy: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 29 Italy: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 30 Italy: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 Spain: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 32 Spain: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 33 Spain: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 34 UK: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 35 UK: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 36 UK: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Rest of Europe: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 38 Rest of Europe: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 39 Rest of Europe: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 40 Asia-Pacific: Wasabi Market, by Country, 2020–2027 (USD Million)

Table 41 Asia-Pacific: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 42 Asia-Pacific: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 43 Asia-Pacific: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 China: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 45 China: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 46 China: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 47 India: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 48 India: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 49 India: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 50 Japan: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 51 Japan: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 52 Japan: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 53 Australia & New Zealand: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 54 Australia & New Zealand: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 55 Australia & New Zealand: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 56 Rest of Asia-Pacific: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 57 Rest of Asia-Pacific: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 58 Rest of Asia-Pacific: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 59 Rest of the World (RoW): Wasabi Market, by Country, 2020–2027 (USD Million)

Table 60 Rest of the World (RoW): Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 61 Rest of the World (RoW): Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 62 Rest of the World (RoW): Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 63 South America: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 64 South America: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 65 South America: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 66 Middle East: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 67 Middle East: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 68 Middle East: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

Table 69 Africa: Wasabi Market, by Product Type, 2020–2027 (USD Million)

Table 70 Africa: Wasabi Market, by Packaging Type, 2020–2027 (USD Million)

Table 71 Africa: Wasabi Market, by Distribution Channel, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Wasabi Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Wasabi Market

FIGURE 4 Value Chain of the Global Wasabi Market

FIGURE 5 Share of the Global Wasabi Market in 2020, by Country (%)

FIGURE 6 Global Wasabi Market, by Region, 2020–2027,

FIGURE 7 Global Wasabi Market Size, by Product Type, 2020

FIGURE 8 Share of the Global Wasabi Market, by Product Type, 2020–2027 (%)

FIGURE 9 Global Wasabi Market Size, by Packaging Type, 2020

FIGURE 10 Share of the Global Wasabi Market, by Packaging Type, 2020–2027 (%)

FIGURE 11 Global Wasabi Market Size, by Distribution Channel, 2020

FIGURE 12 Share of the Global Wasabi Market, by Distribution Channel, 2020–2027 (%)