Global Wagyu Beef Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Fullblood, Purebred, and Crossbred

By Product;

Japanese breed, Australian Breed, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn548328032 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Wagyu Beef Market (USD Million), 2021 - 2031

In the year 2024, the Global Wagyu Beef Market was valued at USD 14,156.91 million. The size of this market is expected to increase to USD 21,905.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.

The Global Wagyu Beef Market encompasses a niche segment within the broader beef industry, distinguished by its superior marbling, tenderness, and rich flavor profile. Originating in Japan, Wagyu beef has gained international acclaim for its unmatched quality and meticulous breeding practices. The market for Wagyu beef has expanded globally, driven by increasing consumer preference for premium meat products and growing demand from high-end restaurants, luxury hotels, and gourmet retailers.

Wagyu beef is renowned for its high intramuscular fat content, which contributes to its exceptional flavor and melt-in-your-mouth texture. This unique characteristic has positioned Wagyu beef as a preferred choice for culinary connoisseurs seeking a distinctive dining experience. The market's growth is further propelled by advancements in breeding techniques and sustainable farming practices adopted by Wagyu beef producers worldwide, ensuring consistent quality and ethical production standards.

Market dynamics within the Global Wagyu Beef Market are shaped by factors such as consumer perception of quality, regional breeding practices, and cultural preferences for premium meat cuts. The market segmentation by product types, including Japanese breed, Australian breed, and others, reflects the diversity in Wagyu beef offerings tailored to meet specific market demands. As consumer awareness of Wagyu beef continues to rise, fueled by media exposure and culinary trends, the market is poised for sustained growth and innovation in product development and distribution channels.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Region
  4. Global Wagyu Beef Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Premium meat demand
        2. Rising disposable incomes
        3. Culinary tourism growth
        4. Health benefit awareness
        5. Luxury dining trends
      2. Restraints
        1. High production costs
        2. Limited breeding resources
        3. Regulatory import restrictions
        4. Market price volatility
        5. Competition from alternatives
      3. Opportunities
        1. Expanding export markets
        2. Innovative product offerings
        3. Online retail growth
        4. Sustainable farming practices
        5. Health-focused marketing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Wagyu Beef Market, By Type, 2021 - 2031 (USD Million)
      1. Fullblood
      2. Purebred
      3. Crossbred
    2. Global Wagyu Beef Market, By Product, 2021 - 2031 (USD Million)
      1. Japanese breed
      2. Australian breed
      3. Others.
    3. Global Wagyu Beef Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Marubeni Corporation
      2. Blackmore Wagyu
      3. Kobe Beef Marketing & Distribution Promotion Association
      4. AACo (Australian Agricultural Company)
      5. Lone Mountain Wagyu
      6. Snake River Farms
  7. Analyst Views
  8. Future Outlook of the Market