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.
This report 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.
MARKET MONITOR GLOBAL, INC (MMG) has 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