Canada Wasabi Market Size & Outlook, 2024-2030
The wasabi market in Canada is expected to reach a projected revenue of US$ 13.6 million by 2030. A compound annual growth rate of 6.6% is expected of Canada wasabi market from 2025 to 2030.
Revenue, 2024 (US$M)
$9.3
Forecast, 2030 (US$M)
$13.6
CAGR, 2025 - 2030
6.6%
Report Coverage
Canada
Related Markets
Canada wasabi market highlights
- The Canada wasabi market generated a revenue of USD 9.3 million in 2024 and is expected to reach USD 13.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.6% from 2025 to 2030.
- In terms of segment, food & beverage was the largest revenue generating type in 2024.
- Pharmaceutical & Nutraceutical is the most lucrative type segment registering the fastest growth during the forecast period.
Wasabi market data book summary
| Market revenue in 2024 | USD 9.3 million |
| Market revenue in 2030 | USD 13.6 million |
| Growth rate | 6.6% (CAGR from 2025 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Pharmaceutical & Nutraceutical |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverage, Pharmaceutical & Nutraceutical |
| Key market players worldwide | Eden Foods, Kikkoman Corp, Yamasa, Pacific Foods of Oregon, Wingreens Farms |
Other key industry trends
- In terms of revenue, Canada accounted for 1.9% of the global wasabi market in 2024.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. wasabi market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 10.2 million by 2030.
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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 |
Canada wasabi market size, by type, 2018-2030 (US$M)
Canada Wasabi Market Outlook Share, 2024 & 2030 (US$M)
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