Wasabi is different from traditional Chinese mustard. Although both have similar impact and spicy, they come from different plants. Chinese mustard is a spicy seasoning ground from mature seeds of mustard. Green mustard, which originated in Japan, is a sauce ground from the roots of the plant horseradish. It has a bright green color and a strong spicy flavor. Green mustard contains allyl isothiocyanate compounds, which is the source of its unique flavor and pungent taste. It can remove the fishy smell of fish, sterilize, promote digestion and enhance appetite.
Wasabi Market contains market size and forecasts of Wasabi in global, including the following market information:
- Global Wasabi Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Wasabi Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Wasabi companies in 2021 (%)
The global Wasabi market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Wasabi Sauce Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Wasabi include S&B FOODS, House, Tazaki Foods, Roland Foods, Kinjirushi, Stonewall Kitchen, Beaverton Foods, Chung Jung One and Kikkoman, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Wasabi manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wasabi Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Wasabi Market Segment Percentages, by Type, 2021 (%)
- Wasabi Sauce
- Wasabi Powder
Global Wasabi Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Wasabi Market Segment Percentages, by Application, 2021 (%)
- Catering Service Channel
- Offline Retail Channel
- Online E-commerce Channel
- Others
Global Wasabi Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Wasabi Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Wasabi revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Wasabi revenues share in global market, 2021 (%)
- Key companies Wasabi sales in global market, 2017-2022 (Estimated), (MT)
- Key companies Wasabi sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- S&B FOODS
- House
- Tazaki Foods
- Roland Foods
- Kinjirushi
- Stonewall Kitchen
- Beaverton Foods
- Chung Jung One
- Kikkoman
- Tamaruya Honten
- Sakai Spice
- Banjo Foods
- Kaneku co.LTD
- Clearspring
- Silver Spring Foods
- Jinkui Food
- Dalian Rongchang
- Profile of Yong Yi Food
- Jiangsu Jideli Food
- Dalian Tianli
- Dalian Tianpeng