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Wagyu Beef Market: Information by Nature (Organic, Conventional), Type (Wagyu and Kobe, Crossbreeding), Distribution Channel (Online Retail), and Region — Forecast till 2029

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Wagyu Beef Market: Information by Nature (Organic, Conventional), Type (Wagyu and Kobe, Crossbreeding), Distribution Channel (Online Retail), and Region — Forecast till 2029

The wagyu beef market is growing exponentially backed by the changing consumer preference and improved standard of living. Wagyu beef is Japanese beef cattle breed-derived from Asian cattle. It comprises specific unique characteristics, which include intense fat marbling. The wagyu beef market is presently in the growing phase and is expected to observe rapid growth in the coming future. The outlook of the wagyu beef market is buoyant, primarily underpinned by the growth in household wealth and beef consumption globally. There are around two million full blood 100% wagyu globally, of which more than 90% are in Japan.


𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝑭𝒓𝒆𝒆 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐇𝐞𝐫𝐞 ➦ https://straitsresearch.com/report/wagyu-beef-market/request-sample


Currently, the U.S. and Australia are the largest exporters of wagyu beef, with almost 80–90% of Australian exports going to the U.S. The rapid rise in the demand for dry-aged wagyu beef, particularly in the developed nation, is boosting the market growth. Consumers' higher spending on premium beef and eating patterns provide an impetus to the market growth. As per the Food and Agriculture Organization (FAO) statistics, global beef consumption is forecasted to grow by 3.3 million tons by the year 2023. The rapidly expanding tourism in the Asia-Pacific region has surged the demand for Wagyu beef within the last five years. The below-mentioned info-graph depicts the global beef consumption in 2019 and the forecast for the year 2023. (million tons).


Key Players

  • Blackmore Wagyu, Itoham Foods Inc.
  • Snake River Farms
  • Starzen Co. Ltd.
  • DeBragga and Spitler
  • Sysco Corporation
  • Chicago Steak Company
  • Creek Bed Country Farmacy, LLC
  • Fairway Packing Company\The Butcher's Market
  • West Coast Prime Meat
  • American Grass Fed Beef
  • DrybagSTeak, LLC


By Region

NorthAmerica

Europe

AsiaPacific

LAMEA


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