NEW
YORK, Oct. 6, 2022 /PRNewswire/ -- The wagyu
beef market will be driven by factors such as the growing
inventory of wagyu beef in Japan. In May
2020, under the Beef Livestock Stabilization Program called
Marukin, the Government of Japan
announced that it would issue support payments to cattle producers
of wagyu beef. Under this program, the government will pay the
producers of wagyu cattle 90% of the difference between revenue and
production costs, which is recalculated per month. Such initiatives
will drive the market during the forecast period.
The wagyu beef market size is anticipated to grow by
USD 3.57 billion. In addition, the
growth momentum of the market will accelerate at a CAGR of 7.4%
during the forecast period, according to Technavio.
Download a comprehensive report summary that
describes the market size and forecast along with the research
methodology. The FREE sample report is available in PDF
format
Company Profiles
Some of the companies covered in this report are Agri Beef Co.,
Australian Agricultural Co Ltd, Black Hawk Farms, Blackmore Wagyu,
Chicago Steak Co., Dolan Foods Inc., GWB LLC, Havel Wagyu GbR, Holy
Grail Steak Co., ITOHAM FOODS Inc., JAPAN PREMIUM BEEF Inc., JBS SA, K and K
International Inc., Lone Mountain Wagyu LLC, Masami Foods Inc.,
Morgan Ranch Inc., Starzen Co. Ltd., Sugar Mountain, WAGYU MASTER
Europe GmbH, and Wagyu World. The key offerings of a few of these
vendors are listed below:
- Agri Beef Co. - The company offers wagyu beef such as
Denver Steak, Bone in New York Strip, New York Strip, and Filet
Mignon.
- Australian Agricultural Co Ltd - The company offers
wagyu beef under the brand Westholme.
- Black Hawk Farms - The company offers wagyu beef
such as Black Label and Reserve Label.
- Blackmore Wagyu - The company offers wagyu beef, which
is highly marbled and the muscles are finely interspersed with
monounsaturated fat.
- Chicago Steak Co. - The company offers wagyu beef such
as Wagyu Kobe Steaks and Wet Aged Wagyu Ribeye.
Learn about key strategic initiatives used by
vendors, along with key news and the latest developments. View our
FREE PDF Sample Report Now
Competitive Analysis
The report includes competitive analysis, which is a proprietary
tool that analyzes and evaluates the position of companies based on
their market performance score and industry position score. The
tool uses various factors for categorizing the players into four
categories. Some of these factors considered for analysis are
growth strategies, financial performance over the last three years,
new product launches, innovation score, growth in market share, and
investments.
Market Segmentation
- By product, the market has been classified into Japanese breed,
Australian breed, and others. The Japanese breed
segment will be the largest contributor to market growth during the
forecast period. The consumption of wagyu beef has increased owing
to promotional activities by authorities in Japan. The food service industry is a key
consumer of Japanese wagyu beef. Premium Japanese wagyu beef
products such as Kobe beef are
popular among several fine dining and Michelin Star restaurants globally.
- By geography, the market has been classified into APAC,
North America, Europe, the Middle
East and Africa, and
South America. APAC will
have the largest share of the market. The region will account for
77% of the market's growth during the forecast period. This growth
is attributed to factors such as the growth of the food service
sector and the high consumption of wagyu beef in countries such as
Japan.
Learn about the contribution of each segment
summarized in concise infographics and thorough descriptions. View
a FREE PDF Sample Report
Related Reports
Beef Market in US by Distribution Channel and Cut Type -
Forecast and Analysis 2022-2026: The beef market share in the
US should rise by USD 8.95 billion
from 2021 to 2026.
Beef Market by Distribution Channel and Geography -
Forecast and Analysis 2022-2026: The beef market share should
rise by USD 43.05 billion from 2021
to 2026.
Wagyu Beef Market
Scope
|
Report
Coverage
|
Details
|
Page number
|
120
|
Base year
|
2021
|
Forecast
period
|
2022-2026
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
7.4%
|
Market growth
2022-2026
|
USD 3.57
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
6.52
|
Regional
analysis
|
APAC, North America,
Europe, Middle East and Africa, and South America
|
Performing market
contribution
|
APAC at 77%
|
Key consumer
countries
|
US, Japan, Hong Kong,
Australia, UK, and Germany
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
Agri Beef Co.,
Australian Agricultural Co Ltd, Black Hawk Farms, Blackmore Wagyu,
Chicago Steak Co., Dolan Foods Inc., GWB LLC, Havel Wagyu GbR, Holy
Grail Steak Co., ITOHAM FOODS Inc., JAPAN PREMIUM BEEF Inc., JBS
SA, K and K International Inc., Lone Mountain Wagyu LLC, Masami
Foods Inc., Morgan Ranch Inc., Starzen Co. Ltd., Sugar Mountain,
WAGYU MASTER Europe GmbH, and Wagyu World
|
Market
Dynamics
|
Parent market analysis,
market growth inducers and obstacles, fast-growing and slow-growing
segment analysis, COVID-19 impact and future consumer dynamics, and
market condition analysis for the forecast period.
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Browse Consumer Staples Market
Reports
Table of Contents
1 Executive Summary
- 1.1 Market overview
-
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market
Overview
- Exhibit 03: Executive Summary – Chart on Global Market
Characteristics
- Exhibit 04: Executive Summary – Chart on Market by
Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by
Product
- Exhibit 06: Executive Summary – Chart on Incremental
Growth
- Exhibit 07: Executive Summary – Data Table on Incremental
Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market
Positioning
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 11: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
-
- Exhibit 13: Chart on Global - Market size and forecast
2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast
2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth
2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth
2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
-
- Exhibit 17: Five forces analysis - Comparison between 2021 and
2026
- 4.2 Bargaining power of buyers
-
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key
factors 2021 and 2026
- 4.3 Bargaining power of suppliers
-
- Exhibit 19: Bargaining power of suppliers – Impact of key
factors in 2021 and 2026
- 4.4 Threat of new entrants
-
- Exhibit 20: Threat of new entrants – Impact of key factors in
2021 and 2026
- 4.5 Threat of substitutes
-
- Exhibit 21: Threat of substitutes – Impact of key factors in
2021 and 2026
- 4.6 Threat of rivalry
-
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021
and 2026
- 4.7 Market condition
-
- Exhibit 23: Chart on Market condition - Five forces 2021 and
2026
5 Market Segmentation by Product
- 5.1 Market segments
-
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026
(%)
- 5.2 Comparison by Product
-
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Japanese breed - Market size and forecast 2021-2026
-
- Exhibit 28: Chart on Japanese breed - Market size and forecast
2021-2026 ($ million)
- Exhibit 29: Data Table on Japanese breed - Market size and
forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Japanese breed - Year-over-year growth
2021-2026 (%)
- Exhibit 31: Data Table on Japanese breed - Year-over-year
growth 2021-2026 (%)
- 5.4 Australian breed - Market size and forecast 2021-2026
-
- Exhibit 32: Chart on Australian breed - Market size and
forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Australian breed - Market size and
forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Australian breed - Year-over-year growth
2021-2026 (%)
- Exhibit 35: Data Table on Australian breed - Year-over-year
growth 2021-2026 (%)
- 5.5 Others - Market size and forecast 2021-2026
-
- Exhibit 36: Chart on Others - Market size and forecast
2021-2026 ($ million)
- Exhibit 37: Data Table on Others - Market size and forecast
2021-2026 ($ million)
- Exhibit 38: Chart on Others - Year-over-year growth 2021-2026
(%)
- Exhibit 39: Data Table on Others - Year-over-year growth
2021-2026 (%)
- 5.6 Market opportunity by Product
-
- Exhibit 40: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
-
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
-
- Exhibit 42: Chart on Market share by geography 2021-2026
(%)
- Exhibit 43: Data Table on Market share by geography 2021-2026
(%)
- 7.2 Geographic comparison
-
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
-
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026
($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast
2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026
(%)
- Exhibit 49: Data Table on APAC - Year-over-year growth
2021-2026 (%)
- 7.4 North America - Market
size and forecast 2021-2026
-
- Exhibit 50: Chart on North
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 51: Data Table on North
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 52: Chart on North
America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North
America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and
forecast 2021-2026
-
- Exhibit 54: Chart on Europe -
Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($
million)
- Exhibit 56: Chart on Europe -
Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026
(%)
- 7.6 Middle East and
Africa - Market size and forecast
2021-2026
-
- Exhibit 58: Chart on Middle
East and Africa - Market
size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle
East and Africa - Market
size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle
East and Africa -
Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle
East and Africa -
Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market
size and forecast 2021-2026
-
- Exhibit 62: Chart on South
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 63: Data Table on South
America - Market size and forecast 2021-2026 ($
million)
- Exhibit 64: Chart on South
America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South
America - Year-over-year growth 2021-2026 (%)
- 7.8 Japan - Market size and
forecast 2021-2026
-
- Exhibit 66: Chart on Japan -
Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($
million)
- Exhibit 68: Chart on Japan -
Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026
(%)
- 7.9 US - Market size and forecast 2021-2026
-
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($
million)
- Exhibit 71: Data Table on US - Market size and forecast
2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026
(%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026
(%)
- 7.10 Hong Kong - Market size
and forecast 2021-2026
-
- Exhibit 74: Chart on Hong Kong
- Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Hong
Kong - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Hong Kong
- Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Hong
Kong - Year-over-year growth 2021-2026 (%)
- 7.11 Australia - Market size
and forecast 2021-2026
-
- Exhibit 78: Chart on Australia
- Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Australia - Market size and forecast 2021-2026
($ million)
- Exhibit 80: Chart on Australia
- Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Australia - Year-over-year growth 2021-2026
(%)
- 7.12 UK - Market size and forecast 2021-2026
-
- Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($
million)
- Exhibit 83: Data Table on UK - Market size and forecast
2021-2026 ($ million)
- Exhibit 84: Chart on UK - Year-over-year growth 2021-2026
(%)
- Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026
(%)
- 7.13 Germany - Market size and
forecast 2021-2026
-
- Exhibit 86: Chart on Germany -
Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026
($ million)
- Exhibit 88: Chart on Germany -
Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026
(%)
- 7.14 Market opportunity by geography
-
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
-
- Exhibit 91: Impact of drivers and challenges in 2021 and
2026
9 Vendor Landscape
- 9.2 Vendor landscape
-
- Exhibit 92: Overview on Criticality of inputs and Factors of
differentiation
- 9.3 Landscape disruption
-
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
-
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
-
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
-
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Agri Beef Co.
-
- Exhibit 97: Agri Beef Co. - Overview
- Exhibit 98: Agri Beef Co. - Product / Service
- Exhibit 99: Agri Beef Co. - Key offerings
- 10.4 Australian Agricultural Co Ltd
-
- Exhibit 100: Australian Agricultural Co Ltd - Overview
- Exhibit 101: Australian Agricultural Co Ltd - Product /
Service
- Exhibit 102: Australian Agricultural Co Ltd - Key
offerings
- 10.5 Black Hawk Farms
-
- Exhibit 103: Black Hawk Farms - Overview
- Exhibit 104: Black Hawk Farms - Key offerings
- 10.6 Blackmore Wagyu
-
- Exhibit 105: Blackmore Wagyu - Overview
- Exhibit 106: Blackmore Wagyu - Product / Service
- Exhibit 107: Blackmore Wagyu - Key offerings
- 10.7 Chicago Steak Co.
-
- Exhibit 108: Chicago Steak Co. - Overview
- Exhibit 109: Chicago Steak Co. - Product / Service
- Exhibit 110: Chicago Steak Co. - Key offerings
- 10.8 Holy Grail Steak Co.
-
- Exhibit 111: Holy Grail Steak Co. - Overview
- Exhibit 112: Holy Grail Steak Co. - Product / Service
- Exhibit 113: Holy Grail Steak Co. - Key offerings
- 10.9 ITOHAM FOODS Inc.
-
- Exhibit 114: ITOHAM FOODS Inc. - Overview
- Exhibit 115: ITOHAM FOODS Inc. - Product / Service
- Exhibit 116: ITOHAM FOODS Inc. - Key offerings
- 10.10 JBS SA
-
- Exhibit 117: JBS SA - Overview
- Exhibit 118: JBS SA - Business segments
- Exhibit 119: JBS SA - Key offerings
- Exhibit 120: JBS SA - Segment focus
- 10.11 Starzen Co. Ltd.
-
- Exhibit 121: Starzen Co. Ltd. - Overview
- Exhibit 122: Starzen Co. Ltd. - Business segments
- Exhibit 123: Starzen Co. Ltd. - Key offerings
- Exhibit 124: Starzen Co. Ltd. - Segment focus
- 10.12 Sugar Mountain
-
- Exhibit 125: Sugar Mountain - Overview
- Exhibit 126: Sugar Mountain - Product / Service
- Exhibit 127: Sugar Mountain - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
-
- Exhibit 128: Inclusions checklist
- Exhibit 129: Exclusions checklist
- 11.3 Currency conversion rates for US$
-
- Exhibit 130: Currency conversion rates for US$
- 11.4 Research methodology
-
- Exhibit 131: Research methodology
- Exhibit 132: Validation techniques employed for market
sizing
- Exhibit 133: Information sources
- 11.5 List of abbreviations
-
- Exhibit 134: List of abbreviations
About Us
Technavio is a leading global technology research and advisory
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Email: media@technavio.com
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