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Wasabi Powder Market, Global Outlook and Forecast 2023-2032

Wasabi Powder Market, Global Outlook and Forecast 2023-2032

  • Published on : 28 September 2023
  • Pages :115
  • Report Code:SMR-7819940

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Report overview

Wasabi Powder is, in theory, a hot-tasting powder made from the dried, ground roots of Wasabi plants. Wasabi powder can be distinguished by its light lime coloring and sharp, hot taste and aroma. Most of the Wasabi powder that it sold internationally is not actually genuine Wasabi but instead a mix of mustard, horseradish and color additives. The reason for this is the high cost and scarcity of Wasabi root. For the true Wasabi aficionado there is no substitute for real Wasabi root that has been ground into powder. One of the big advantages Wasabi powder has over fresh Wasabi root is its relatively long shelf life. Provided that Wasabi powder is stored in a cool, shaded location, it will retain its taste. Wasabi powder can also be easily transformed into paste, as well as being used as a spice in cooking. Wasabi powder is often used as substitute for Dijon mustard.
This report aims to provide a comprehensive presentation of the global market for Wasabi Powder, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wasabi Powder. This report contains market size and forecasts of Wasabi Powder in global, including the following market information:
Global Wasabi Powder Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Wasabi Powder Market Sales, 2018-2023, 2024-2032, (MT)
Global top five Wasabi Powder companies in 2022 (%)
The global Wasabi Powder market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Yellow Wasabi Powder Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Wasabi Powder include S&B Foods Inc, Marui, Kinjirushi Co, Eden Foods Inc, Hime, Stonewall Kitchen, Real Wasabi, LLC, Beaverton Foods and Yamada, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Wasabi Powder 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 Powder Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Wasabi Powder Market Segment Percentages, by Type, 2022 (%)
Yellow Wasabi Powder
Green Wasabi Powder
Others
Global Wasabi Powder Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Wasabi Powder Market Segment Percentages, by Application, 2022 (%)
Retail
Food Service
Others
Global Wasabi Powder Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (MT)
Global Wasabi Powder Market Segment Percentages, By Region and Country, 2022 (%)
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 Powder revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Wasabi Powder revenues share in global market, 2022 (%)
Key companies Wasabi Powder sales in global market, 2018-2023 (Estimated), (MT)
Key companies Wasabi Powder sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
S&B Foods Inc
Marui
Kinjirushi Co
Eden Foods Inc
Hime
Stonewall Kitchen
Real Wasabi, LLC
Beaverton Foods
Yamada
Woodland Foods Inc
Chungjungone
Kikkoman
Tamaruya-Honten
Sakai Spice
Kaneku co.LTD
Clearspring
Dalian Tianpeng Food Co
Rizhao Huamei Food Co
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wasabi Powder, market overview.
Chapter 2: Global Wasabi Powder market size in revenue and volume.
Chapter 3: Detailed analysis of Wasabi Powder manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Wasabi Powder in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Wasabi Powder capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.