Global Wasabi Market Size & Outlook, 2024-2030
The global wasabi market size was estimated at USD 492.5 million in 2024 and is projected to reach USD 785.9 million by 2030, growing at a CAGR of 8.1% from 2025 to 2030.
Revenue, 2024 (US$M)
$492.5
Forecast, 2030 (US$M)
$785.9
CAGR, 2025 - 2030
8.1%
Report Coverage
Worldwide
Global wasabi market, 2018-2030 (US$M)
Related Markets
Global wasabi market highlights
- The global wasabi market generated a revenue of USD 492.5 million in 2024 and is expected to reach USD 785.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 8.1% by 2030.
- In terms of segment, food & beverage accounted for a revenue of USD 351.3 million in 2024.
- Pharmaceutical & Nutraceutical is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Singapore is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 492.5 million |
| Market revenue in 2030 | USD 785.9 million |
| Growth rate | 8.1% (CAGR from 2025 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Pharmaceutical & Nutraceutical |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverage, Pharmaceutical & Nutraceutical |
Other key industry trends
- In terms of revenue, the North America accounted for 18.9% of the global wasabi market in 2024.
- By country, the Japan is projected to lead the global market in terms of revenue in 2030.
- By country, Singapore is the fastest growing regional market and is projected to reach USD 34.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Wasabi Market Scope
Wasabi market segmentation & scope
Wasabi Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yamasa | View profile | 501-1000 | Choshi, Chiba, Japan, Asia | https://www.yamasa.com/ |
| Wingreens Farms | View profile | 51-100 | Gurgaon, Haryana, India, Asia | https://www.wingreensfarms.com/ |
| Eden Foods | View profile | 51-100 | Clinton, Michigan, United States, North America | http://www.edenfoods.com |
| Pacific Foods of Oregon | View profile | 501-1000 | Tualatin, Oregon, United States, North America | http://www.pacificfoods.com |
| Kikkoman Corp | View profile | 8387 | 250 Noda, Noda-shi, Chiba, Japan, 278-8601 | http://www.kikkoman.co.jp |
Global wasabi market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wasabi market size, 2024 (US$M)
Global wasabi market share, by type, 2024 & 2030 (%, US$M)
Wasabi market: Opportunity assessment by country
Global wasabi market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
