Wasabi Market Boosted By Rising Demand for Digitization in Organizations with Key Player Clearspring Ltd, Eden Foods, Kinjirushi, Oregon Coast Wasabi and Pacific Coast Wasabi

The exclusive report on Wasabi Market research report has been formulated with the help of extensive primary research (inputs from industry experts, companies, and stakeholders) and secondary research to get a holistic view of the market. The report gives an in-detailed information across globe including North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America & Central America (SCAM). We follow an iterative research methodology model to formulate the report that help decision makers to take sound investment evaluation. Secondary research is carried out using internal and external sources to obtain qualitative and quantitative insights of the market backed by the telephonic interviews with Key Opinion Leaders (KOL’s) and Subject Matter Expertise (SME’s). This model negates drastic deviation in the market estimation and is used to estimate the Wasabi Market size and forecasts till 2027.

The global wasabi market accounted to US$ 279.7 Mn in 2018 and is expected to grow at a CAGR of 8.7% during the forecast period 2019 – 2027, to account to US$ 590.8 Mn by 2027.

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Wasabi is a plant that is related closely to cabbages and horseradish that belongs to the Brassicaceae family. Wasabi has a taste similar to that of hot mustard and most commonly used as a condiment in sushi and sashimi. The growing awareness about the medicinal and nutritional benefits of wasabi is boosting its market on a global platform. People find wasabi quite tasty due to its unique flavor that is not oil-based, unlike capsicum and chili peppers. Recent studies have proved that the presence of isothiocyanate has been beneficial in the prevention of growing tumors and useful at killing cancer cells to a certain extent. The chemical composition of wasabi is also helpful for the immune system and useful for the removal of harmful toxins from the body.

The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.

Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Wasabi Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Wasabi Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

The global study on Wasabi market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.

Leading players of the Wasabi Market profiled in the report include-

1. Clearspring Ltd.
2. Eden Foods, Inc.
3. Kinjirushi CO. , Ltd
4. Oregon Coast Wasabi
5. Pacific Coast Wasabi Ltd.
6. Real Wasabi, LLC
7. S and B Foods Inc.
8. Silver Spring Foods, Inc
9. Wingreens Farms Pvt. Ltd.
10. World Wasabi Inc.

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