Wagyu Beef Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)
Description
The global Wagyu beef market was valued at USD 25.50 Billion in 2024 . The market is expected to grow at a CAGR of 6.70% during the forecast period of 2025-2034. Rising demand for traceable, hormone-free premium meat in upscale hospitality chains is positioning Wagyu as a key product in luxury menus across Southeast Asia, the Middle East, and Europe. In turn, the market is expected to reach a value of USD 48.77 Billion by 2034 .
Factors like premiumization trends, evolving protein demands, and robust government-supported food safety initiatives have significantly propelled the market growth. As of 2024, Japan exported over 282 tons of Wagyu beef, with the United States, Hong Kong, and Australia among its largest buyers. In response, countries like Australia and the United States have aggressively ramped up domestic production. As per the Wagyu beef market analysis, Australian Wagyu beef exports jumped 12% in 2023, fuelled by government grants under the AgriFutures Emerging Industries programme aimed at improving genetic breeding technologies.
The market growth depends on the growing global demand for gourmet delicacies. Customers pay a premium for Wagyu's incomparable flavour, softness, and excellent marbling properties. This growing preference for high-quality, opulent dining experiences has resulted in the product’s growing acceptance among upscale hotels, fine dining chains, and high-end retailers, over the forecast period. In Australia, Wagyu cattle herd numbers crossed 300,000 in 2023, while exports from the United States grew by 9% year-over-year due to increasing demand from affluent Asian markets.
Moreover, traceability technologies are gaining momentum, accelerating the overall Wagyu beef market development. In March 2024, Japan’s National Livestock Breeding Center launched a blockchain-based ID system for Wagyu cattle, which guarantees authenticity and enhances export credibility. This kind of innovation resonates with B2B buyers keen on transparency and supply chain accountability. In addition, key players are increasingly investing in digital direct-to-chef models, AI-powered breeding, and lab-cultivated Wagyu fat for enhanced flavour replication.
Investments are also widening the scope of Wagyu beef market expansion. Japanese firm ZEN-NOH invested USD 40 million in a new processing plant in California in 2024 to localize Wagyu processing and distribution. Simultaneously, the EU funded a USD 15 million initiative aimed at enhancing protein production capacity in Germany and France. These developments are expected to streamline logistics, improve product availability, and help producers cater better to evolving B2B demand patterns across global gourmet and hospitality sectors.
Global Wagyu Beef Market Report Summary
Description
Value
Base Year
USD Billion
2024
Historical Period
USD Billion
2018-2024
Forecast Period
USD Billion
2025-2034
Market Size 2024
USD Billion
25.50
Market Size 2034
USD Billion
48.77
CAGR 2018-2024
Percentage
XX%
CAGR 2025-2034
Percentage
6.70%
CAGR 2025-2034- Market by Region
Asia Pacific
7.0%
CAGR 2025-2034 - Market by Country
China
10.1%
CAGR 2025-2034 - Market by Country
United States
8.4%
CAGR 2025-2034 - Market by Type
Fullblood
7.6%
CAGR 2025-2034 - Market by Distribution Channel
Online Retail
7.5%
Key Trends and Recent Developments
March 2025
Tesco introduced a new selection of Finest Wagyu steaks in over 100 stores, in response to rising demand for premium British Wagyu beef. Tesco's four skilfully selected slices make high-quality Wagyu more accessible to European customers. This launch reflects mainstream retail’s increasing commitment to premiumisation, creating wider B2B procurement opportunities for British Wagyu suppliers targeting European consumer bases.
March 2025
Jack's Creek acquired its first exclusive United Kingdom retail listing through Ocado Retail and launched the new Wagyu X range which includes four highly marbled grain-fed Wagyu products: Jack's Creek Wagyu X Sirloin, Jack's Creek Wagyu X Ribeye, Jack's Creek Wagyu X Fillet, and Jack's Creek Wagyu X Rump. This range showcases the expanding role of e-grocery in distributing high-grade, grain-fed Wagyu, unlocking new retail pipelines for Australian exporters in the United Kingdom.
September 2024
Waitrose introduced five own-label British Wagyu beef products as part of its expanding portfolio. All Waitrose wagyu beef is graded at least 6 on the BMS--the optimal level to ensure that customers receive the highest quality Wagyu at home. This launch underscores rising retailer focus on marbling standards (BMS 6+), which pushes producers to scale quality-driven supply with consistent carcass grading.
July 2024
Abatti Ranch developed a new line of Wagyu beef that offers product excellence based on years of industry experience, as well as varied brand capabilities. Abatti cattle are fed grain for at least 550 days and grown without the use of hormones. This development represents a growing demand for provenance-led, long-fed Wagyu in export markets, strengthening premium positioning for North American suppliers in fine dining and retail channels.
AI-Driven Cattle Breeding Systems
The integration of AI in Wagyu cattle breeding is disrupting the traditional supply chain, boosting further Wagyu beef market opportunities. According to the Japanese Ministry of Agriculture, farms using AI-assisted genetics have reported a 15% increase in yield grades. These advancements reduce genetic bottlenecks and align production with export demand, providing a competitive edge. For B2B buyers, this trend offers consistency in quality and better ROI. Companies across Australia and the United States are now testing similar systems to boost international competitiveness.
Blockchain for Meat Authentication
Blockchain is redefining the Wagyu beef market dynamics. For example, Vietnam rolled out a nation-wide blockchain traceability framework for Wagyu in Japan, enabling buyers to verify lineage, feed inputs, and slaughter conditions with a QR scan. This technological advancement addresses rising concerns over food fraud, where mislabelled meat can severely undermine brand credibility. For example, in 2023, Vietnam Blockchain Corporation (VBC) implemented a blockchain-based traceability system for Wagyu beef in Japan. This initiative, part of the Agridential.vn project, aimed to enhance transparency in the beef supply chain by allowing consumers to verify product authenticity through QR codes. For B2B distributors and gourmet buyers, such transparency is becoming a deciding factor for procurement and menu pricing strategies.
Lab-Cultivated Wagyu Fat Integration
Hybrid meats are making inroads into luxury markets, appealing to affluent consumers seeking sustainable yet premium protein alternatives, accelerating the Wagyu beef demand. These hybrid products, which blend Wagyu genetics with other premium breeds, are designed to deliver the signature marbling and tenderness of Wagyu while enhancing yield, sustainability, and cost-efficiency. In high-end markets like Singapore and the UAE, chefs and distributors are embracing hybrid Wagyu for its versatility and culinary appeal. This trend is elevating consumer experience and also allowing producers to scale Wagyu offerings without compromising on quality.
Premiumization of Wagyu Beef Products
The premiumization trend in the Wagyu beef market is reshaping the way high-value protein is marketed and consumed across B2B sectors. Luxury-focused innovations are at the forefront of this movement. For instance, Japanese A5-grade Wagyu, often reserved for ultra-fine dining, is now being curated into branded, traceable packages with blockchain-backed origin tracking, especially for export to Europe and North America. Moreover, companies are introducing value-added Wagyu formats like dry-aged cuts, Wagyu charcuterie, and smoked brisket kits aimed at gourmet retailers and boutique butchers.
Export-Driven Government Incentives
Several governments now see Wagyu as a cultural export and economic asset. Japan's 2024 policy update under the Export Expansion Strategy allocated JPY 3.2 billion to support overseas promotions and logistics subsidies for meat exporters. Meanwhile, Australia’s AgriFutures programme funds for genetic innovation and international trade shows further contributed to expanding the global footprint. The United States included Wagyu beef in its Export Credit Guarantee Program, enabling exporters to explore emerging markets like Vietnam and Saudi Arabia.
Global Wagyu Beef Industry Segmentation
The EMR’s report titled “Global Wagyu Beef Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Distribution Channel
Market Breakup by Region
Global Wagyu Beef Market Share
By Type, Fullblood Beef Accounted for the Dominant Share of the Market
Fullblood Wagyu, boasting 100% Japanese genetics, occupies the majority of the global Wagyu beef market revenue share due to its unmatched marbling and superior taste profile. Japan exports fullblood beef to the United States and Hong Kong, where demand for authenticity is surging. The fullblood variant is expected to grow at a CAGR of 7.6% during the forecast period. Australian producers like Mayura Station are expanding fullblood herds, supported by grants under the National Livestock Genetics Consortium. With traceable bloodlines and consistent grading (A4, A5), fullblood Wagyu has been widely consumed across Michelin-starred kitchens and luxury retailers.
Crossbred Wagyu, with typically 50–75% Wagyu genetics, has emerged to be the fastest-growing category due to its balance between affordability and quality. The growing crossbred wagyu beef consumption is driven by the increased middle-class spending in Malaysia and Vietnam. Producers leverage faster growth rates and lower input costs, making it appealing for upscale, however, non-ultra-premium foodservice chains. Enhanced feeding programmes and selective breeding are improving marbling scores, helping these beef variants close the gap with purebred cuts while offering scalability.
By Distribution Channel, Foodservice Accounted for the Dominant Share of the Market
As per the Wagyu beef market report, foodservice distribution channel dominates the industry as restaurants, hotels, and catering businesses increasingly incorporate this beef variant into gourmet menus. Hotels in Dubai and Singapore now serve Wagyu-centric tasting experiences, targeting affluent tourists. Japanese authorities launched “Taste Japan” campaign promoting Wagyu in five-star restaurants across the Europe. Such exposure fuels repeat B2B orders and exclusive contracts. Producers are responding to this trend by creating chef-exclusive lines and bulk packaging to suit restaurant operations, bolstering foodservice dominance.
Online retail is rapidly contributing to the Wagyu beef demand forecast. In 2023, direct-to-consumer Wagyu sales in the United States surged by a significant extent, fuelled by niche platforms like Crowd Cow and Snake River Farms. These sellers offer flash-frozen, premium cuts backed by blockchain-certified origin stories, catering to discerning, quality-focused consumers. As per industry reports, in Europe, e-commerce imports of Wagyu were driven by rising demand from gourmet buyers. Government-backed platforms such as Japan’s JETRO portal are also streamlining international digital transactions. Enabled by advanced Wagyu beef, online retail has become a preferred channel for both bulk buyers and niche distributors.
Global Wagyu Beef Market Regional Analysis
By Region, Asia Pacific Registers the Leading Position in the Market
The continued dominance of the Asia Pacific Wagyu beef market is powered by Japan and Australia. Japan’s Wagyu exports hit JPY 45 billion in 2024, with South Korea, Taiwan, and Hong Kong as top buyers. Emerging markets like Thailand and Vietnam are growing, aided by rising disposable incomes. Regional trade agreements like RCEP further ease cross-border transactions. Government-backed breeding stations in Australia and genetic R&D hubs in Japan ensure quality consistency, reinforcing APAC's stronghold in the global market.
The North American Wagyu beef industry accounts for a sizable share of the global market, due to rising consumption and adoption of its products by high- and middle-income households. Technological advancements, strategic marketing, and increased awareness of the benefits of eating wagyu beef are some of the key propelling factors of the industry.
Competitive Landscape
The Wagyu beef market players are investing in AI-enhanced breeding, blockchain for traceability, and hybrid meat technologies to distinguish their product offerings. They are employing direct-to-chef and e-commerce strategies to reduce reliance on intermediaries and personalize customer engagement. Regulatory compliance and global certifications have become key concerns especially as more buyers demand verifiable genetics and sustainable practices._x000D_
_x000D_
Most of the Wagyu beef companies find opportunities in emerging Asian and Middle Eastern markets, where luxury dining trend is growing fast. Additionally, collaborations with culinary schools and digital food influencers are opening up new revenue streams. Brands are also leveraging data analytics to track consumer behaviour, optimize distribution routes, and forecast demand spikes during festive or event-driven seasons.
Ito Ranch Ltd.
Established in 1953, headquartered in Japan, Ito Ranch Ltd. is a heritage Wagyu producer known for its hand-reared cattle and proprietary feed formulas. The company focuses on ultra-premium A5 beef, with recent exports to Michelin-starred restaurants in France and Dubai.
Blackmore Wagyu
Founded in 1988, based in Australia, Blackmore Wagyu specialises in Fullblood Wagyu. The company is popular for its closed-loop supply chain and sustainability practices, earning a carbon-neutral certification.
Robbins Island Wagyu
Robbins Island Wagyu, founded in 2011 and headquartered in Australia, runs a unique saltwater-finished Wagyu programme. Their cattle are rotated seasonally across coastal pastures, which boosts both marbling quality and animal wellbeing. The brand caters to top-tier gourmet steakhouses in markets like Tokyo and New York.
Mayura Station
Mayura Station, founded in 1845 and headquartered in South Australia, is known for its chocolate-fed Wagyu line. The company has expanded to direct B2B e-commerce channels and won accolades in global meat competitions.
Other key players in the market are Starzen Co., Ltd., ITOHAM YONEKYU HOLDINGS INC., Australian agricultural company limited, Asia International Inc., AB to C, AB to C, LLC, and Lone Mountain Wagyu, LLC, among others.
Key Highlights of the Global Wagyu Beef Market Report:
Explore the latest trends shaping the Wagyu beef market 2025-2034 with our in-depth report. Gain strategic insights, future forecasts, and key market developments that can help you stay competitive. Download a free sample report or contact our team for customized consultation on Wagyu beef market trends 2025 .
Factors like premiumization trends, evolving protein demands, and robust government-supported food safety initiatives have significantly propelled the market growth. As of 2024, Japan exported over 282 tons of Wagyu beef, with the United States, Hong Kong, and Australia among its largest buyers. In response, countries like Australia and the United States have aggressively ramped up domestic production. As per the Wagyu beef market analysis, Australian Wagyu beef exports jumped 12% in 2023, fuelled by government grants under the AgriFutures Emerging Industries programme aimed at improving genetic breeding technologies.
The market growth depends on the growing global demand for gourmet delicacies. Customers pay a premium for Wagyu's incomparable flavour, softness, and excellent marbling properties. This growing preference for high-quality, opulent dining experiences has resulted in the product’s growing acceptance among upscale hotels, fine dining chains, and high-end retailers, over the forecast period. In Australia, Wagyu cattle herd numbers crossed 300,000 in 2023, while exports from the United States grew by 9% year-over-year due to increasing demand from affluent Asian markets.
Moreover, traceability technologies are gaining momentum, accelerating the overall Wagyu beef market development. In March 2024, Japan’s National Livestock Breeding Center launched a blockchain-based ID system for Wagyu cattle, which guarantees authenticity and enhances export credibility. This kind of innovation resonates with B2B buyers keen on transparency and supply chain accountability. In addition, key players are increasingly investing in digital direct-to-chef models, AI-powered breeding, and lab-cultivated Wagyu fat for enhanced flavour replication.
Investments are also widening the scope of Wagyu beef market expansion. Japanese firm ZEN-NOH invested USD 40 million in a new processing plant in California in 2024 to localize Wagyu processing and distribution. Simultaneously, the EU funded a USD 15 million initiative aimed at enhancing protein production capacity in Germany and France. These developments are expected to streamline logistics, improve product availability, and help producers cater better to evolving B2B demand patterns across global gourmet and hospitality sectors.
Global Wagyu Beef Market Report Summary
Description
Value
Base Year
USD Billion
2024
Historical Period
USD Billion
2018-2024
Forecast Period
USD Billion
2025-2034
Market Size 2024
USD Billion
25.50
Market Size 2034
USD Billion
48.77
CAGR 2018-2024
Percentage
XX%
CAGR 2025-2034
Percentage
6.70%
CAGR 2025-2034- Market by Region
Asia Pacific
7.0%
CAGR 2025-2034 - Market by Country
China
10.1%
CAGR 2025-2034 - Market by Country
United States
8.4%
CAGR 2025-2034 - Market by Type
Fullblood
7.6%
CAGR 2025-2034 - Market by Distribution Channel
Online Retail
7.5%
Key Trends and Recent Developments
March 2025
Tesco introduced a new selection of Finest Wagyu steaks in over 100 stores, in response to rising demand for premium British Wagyu beef. Tesco's four skilfully selected slices make high-quality Wagyu more accessible to European customers. This launch reflects mainstream retail’s increasing commitment to premiumisation, creating wider B2B procurement opportunities for British Wagyu suppliers targeting European consumer bases.
March 2025
Jack's Creek acquired its first exclusive United Kingdom retail listing through Ocado Retail and launched the new Wagyu X range which includes four highly marbled grain-fed Wagyu products: Jack's Creek Wagyu X Sirloin, Jack's Creek Wagyu X Ribeye, Jack's Creek Wagyu X Fillet, and Jack's Creek Wagyu X Rump. This range showcases the expanding role of e-grocery in distributing high-grade, grain-fed Wagyu, unlocking new retail pipelines for Australian exporters in the United Kingdom.
September 2024
Waitrose introduced five own-label British Wagyu beef products as part of its expanding portfolio. All Waitrose wagyu beef is graded at least 6 on the BMS--the optimal level to ensure that customers receive the highest quality Wagyu at home. This launch underscores rising retailer focus on marbling standards (BMS 6+), which pushes producers to scale quality-driven supply with consistent carcass grading.
July 2024
Abatti Ranch developed a new line of Wagyu beef that offers product excellence based on years of industry experience, as well as varied brand capabilities. Abatti cattle are fed grain for at least 550 days and grown without the use of hormones. This development represents a growing demand for provenance-led, long-fed Wagyu in export markets, strengthening premium positioning for North American suppliers in fine dining and retail channels.
AI-Driven Cattle Breeding Systems
The integration of AI in Wagyu cattle breeding is disrupting the traditional supply chain, boosting further Wagyu beef market opportunities. According to the Japanese Ministry of Agriculture, farms using AI-assisted genetics have reported a 15% increase in yield grades. These advancements reduce genetic bottlenecks and align production with export demand, providing a competitive edge. For B2B buyers, this trend offers consistency in quality and better ROI. Companies across Australia and the United States are now testing similar systems to boost international competitiveness.
Blockchain for Meat Authentication
Blockchain is redefining the Wagyu beef market dynamics. For example, Vietnam rolled out a nation-wide blockchain traceability framework for Wagyu in Japan, enabling buyers to verify lineage, feed inputs, and slaughter conditions with a QR scan. This technological advancement addresses rising concerns over food fraud, where mislabelled meat can severely undermine brand credibility. For example, in 2023, Vietnam Blockchain Corporation (VBC) implemented a blockchain-based traceability system for Wagyu beef in Japan. This initiative, part of the Agridential.vn project, aimed to enhance transparency in the beef supply chain by allowing consumers to verify product authenticity through QR codes. For B2B distributors and gourmet buyers, such transparency is becoming a deciding factor for procurement and menu pricing strategies.
Lab-Cultivated Wagyu Fat Integration
Hybrid meats are making inroads into luxury markets, appealing to affluent consumers seeking sustainable yet premium protein alternatives, accelerating the Wagyu beef demand. These hybrid products, which blend Wagyu genetics with other premium breeds, are designed to deliver the signature marbling and tenderness of Wagyu while enhancing yield, sustainability, and cost-efficiency. In high-end markets like Singapore and the UAE, chefs and distributors are embracing hybrid Wagyu for its versatility and culinary appeal. This trend is elevating consumer experience and also allowing producers to scale Wagyu offerings without compromising on quality.
Premiumization of Wagyu Beef Products
The premiumization trend in the Wagyu beef market is reshaping the way high-value protein is marketed and consumed across B2B sectors. Luxury-focused innovations are at the forefront of this movement. For instance, Japanese A5-grade Wagyu, often reserved for ultra-fine dining, is now being curated into branded, traceable packages with blockchain-backed origin tracking, especially for export to Europe and North America. Moreover, companies are introducing value-added Wagyu formats like dry-aged cuts, Wagyu charcuterie, and smoked brisket kits aimed at gourmet retailers and boutique butchers.
Export-Driven Government Incentives
Several governments now see Wagyu as a cultural export and economic asset. Japan's 2024 policy update under the Export Expansion Strategy allocated JPY 3.2 billion to support overseas promotions and logistics subsidies for meat exporters. Meanwhile, Australia’s AgriFutures programme funds for genetic innovation and international trade shows further contributed to expanding the global footprint. The United States included Wagyu beef in its Export Credit Guarantee Program, enabling exporters to explore emerging markets like Vietnam and Saudi Arabia.
Global Wagyu Beef Industry Segmentation
The EMR’s report titled “Global Wagyu Beef Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fullblood
- Purebred
- Crossbred
Market Breakup by Distribution Channel
- Foodservice
- Offline Retail
- Online Retail
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Wagyu Beef Market Share
By Type, Fullblood Beef Accounted for the Dominant Share of the Market
Fullblood Wagyu, boasting 100% Japanese genetics, occupies the majority of the global Wagyu beef market revenue share due to its unmatched marbling and superior taste profile. Japan exports fullblood beef to the United States and Hong Kong, where demand for authenticity is surging. The fullblood variant is expected to grow at a CAGR of 7.6% during the forecast period. Australian producers like Mayura Station are expanding fullblood herds, supported by grants under the National Livestock Genetics Consortium. With traceable bloodlines and consistent grading (A4, A5), fullblood Wagyu has been widely consumed across Michelin-starred kitchens and luxury retailers.
Crossbred Wagyu, with typically 50–75% Wagyu genetics, has emerged to be the fastest-growing category due to its balance between affordability and quality. The growing crossbred wagyu beef consumption is driven by the increased middle-class spending in Malaysia and Vietnam. Producers leverage faster growth rates and lower input costs, making it appealing for upscale, however, non-ultra-premium foodservice chains. Enhanced feeding programmes and selective breeding are improving marbling scores, helping these beef variants close the gap with purebred cuts while offering scalability.
By Distribution Channel, Foodservice Accounted for the Dominant Share of the Market
As per the Wagyu beef market report, foodservice distribution channel dominates the industry as restaurants, hotels, and catering businesses increasingly incorporate this beef variant into gourmet menus. Hotels in Dubai and Singapore now serve Wagyu-centric tasting experiences, targeting affluent tourists. Japanese authorities launched “Taste Japan” campaign promoting Wagyu in five-star restaurants across the Europe. Such exposure fuels repeat B2B orders and exclusive contracts. Producers are responding to this trend by creating chef-exclusive lines and bulk packaging to suit restaurant operations, bolstering foodservice dominance.
Online retail is rapidly contributing to the Wagyu beef demand forecast. In 2023, direct-to-consumer Wagyu sales in the United States surged by a significant extent, fuelled by niche platforms like Crowd Cow and Snake River Farms. These sellers offer flash-frozen, premium cuts backed by blockchain-certified origin stories, catering to discerning, quality-focused consumers. As per industry reports, in Europe, e-commerce imports of Wagyu were driven by rising demand from gourmet buyers. Government-backed platforms such as Japan’s JETRO portal are also streamlining international digital transactions. Enabled by advanced Wagyu beef, online retail has become a preferred channel for both bulk buyers and niche distributors.
Global Wagyu Beef Market Regional Analysis
By Region, Asia Pacific Registers the Leading Position in the Market
The continued dominance of the Asia Pacific Wagyu beef market is powered by Japan and Australia. Japan’s Wagyu exports hit JPY 45 billion in 2024, with South Korea, Taiwan, and Hong Kong as top buyers. Emerging markets like Thailand and Vietnam are growing, aided by rising disposable incomes. Regional trade agreements like RCEP further ease cross-border transactions. Government-backed breeding stations in Australia and genetic R&D hubs in Japan ensure quality consistency, reinforcing APAC's stronghold in the global market.
The North American Wagyu beef industry accounts for a sizable share of the global market, due to rising consumption and adoption of its products by high- and middle-income households. Technological advancements, strategic marketing, and increased awareness of the benefits of eating wagyu beef are some of the key propelling factors of the industry.
Competitive Landscape
The Wagyu beef market players are investing in AI-enhanced breeding, blockchain for traceability, and hybrid meat technologies to distinguish their product offerings. They are employing direct-to-chef and e-commerce strategies to reduce reliance on intermediaries and personalize customer engagement. Regulatory compliance and global certifications have become key concerns especially as more buyers demand verifiable genetics and sustainable practices._x000D_
_x000D_
Most of the Wagyu beef companies find opportunities in emerging Asian and Middle Eastern markets, where luxury dining trend is growing fast. Additionally, collaborations with culinary schools and digital food influencers are opening up new revenue streams. Brands are also leveraging data analytics to track consumer behaviour, optimize distribution routes, and forecast demand spikes during festive or event-driven seasons.
Ito Ranch Ltd.
Established in 1953, headquartered in Japan, Ito Ranch Ltd. is a heritage Wagyu producer known for its hand-reared cattle and proprietary feed formulas. The company focuses on ultra-premium A5 beef, with recent exports to Michelin-starred restaurants in France and Dubai.
Blackmore Wagyu
Founded in 1988, based in Australia, Blackmore Wagyu specialises in Fullblood Wagyu. The company is popular for its closed-loop supply chain and sustainability practices, earning a carbon-neutral certification.
Robbins Island Wagyu
Robbins Island Wagyu, founded in 2011 and headquartered in Australia, runs a unique saltwater-finished Wagyu programme. Their cattle are rotated seasonally across coastal pastures, which boosts both marbling quality and animal wellbeing. The brand caters to top-tier gourmet steakhouses in markets like Tokyo and New York.
Mayura Station
Mayura Station, founded in 1845 and headquartered in South Australia, is known for its chocolate-fed Wagyu line. The company has expanded to direct B2B e-commerce channels and won accolades in global meat competitions.
Other key players in the market are Starzen Co., Ltd., ITOHAM YONEKYU HOLDINGS INC., Australian agricultural company limited, Asia International Inc., AB to C, AB to C, LLC, and Lone Mountain Wagyu, LLC, among others.
Key Highlights of the Global Wagyu Beef Market Report:
- Historical performance and accurate forecasts through 2034, enabling strategic planning for premium meat procurement and cross-border distribution.
- Insights into product innovations like lab-grown Wagyu prototypes, dry-ageing techniques, and DNA-based cattle verification systems.
- In-depth competitive landscape profiling Japanese A5 breeders, Australian crossbred producers, and regional value-added meat processors.
- Regional analysis identifying Dubai, Singapore, and London as fast-expanding demand centres driven by HORECA, luxury catering, and high-end retail.
- Investment-focused outlook supported by market data, highlighting expanding feedlot capacities, vertical farm collaborations, and halal-certified Wagyu export growth.
- Expertise rooted in agrifood trade, premium livestock economics, and protein export dynamics.
- B2B-centric data modelling using metrics like carcass grading patterns, marbling index, and restaurant sourcing trends.
- Bespoke consultation for steakhouse operators, gourmet retailers, cold chain firms, and meat processors looking to scale with precision.
Explore the latest trends shaping the Wagyu beef market 2025-2034 with our in-depth report. Gain strategic insights, future forecasts, and key market developments that can help you stay competitive. Download a free sample report or contact our team for customized consultation on Wagyu beef market trends 2025 .
Table of Contents
164 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions/Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Wagyu Beef Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Wagyu Beef Historical Market (2018-2024)
- 5.3 Global Wagyu Beef Market Forecast (2025-2034)
- 5.4 Global Wagyu Beef Market by Type
- 5.4.1 Fullblood
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Purebred
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Crossbred
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.5 Global Wagyu Beef Market by Distribution Channel
- 5.5.1 Foodservice
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Offline Retail
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Online Retail
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.6 Global Wagyu Beef Market by Region
- 5.6.1 North America
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Europe
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Asia Pacific
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Latin America
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Middle East and Africa
- 5.6.5.1 Historical Trend (2018-2024)
- 5.6.5.2 Forecast Trend (2025-2034)
- 6 North America Wagyu Beef Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Wagyu Beef Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Wagyu Beef Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Wagyu Beef Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Wagyu Beef Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators of Demand
- 11.4 Key Indicators of Price
- 12 Value Chain Analysis
- 12.1 Key Stakeholders
- 12.2 Stages in the Value Chain
- 13 Global Price Analysis
- 13.1 Annual Historical Price Trends (2018-2024)
- 13.2 Annual Price Forecast Trends (2025-2034)
- 14 Procurement Insights
- 14.1 Contract Terms
- 14.2 Cost Structure
- 14.2.1 Raw Material
- 14.2.2 Utility
- 14.2.3 Labour Cost
- 14.2.4 Fixed Cost
- 14.2.5 Pricing Model
- 14.3 Vendor Selection Criteria
- 14.4 Supplier and Buyer Power at Regional Level
- 14.4.1 Demand
- 14.4.2 Supply
- 14.4.3 Raw Material/Feedstock Availability
- 14.4.4 Supplier Power
- 14.4.5 Buyer Power
- 14.5 Procurement Strategy: Best Practices
- 15 Competitive Landscape
- 15.1 Supplier Selection
- 15.2 Key Global Players
- 15.3 Key Regional Players
- 15.4 Key Player Strategies
- 15.5 Company Profile
- 15.5.1 Ito Ranch Ltd.
- 15.5.1.1 Company Overview
- 15.5.1.2 Product Portfolio
- 15.5.1.3 Demographic Reach and Achievements
- 15.5.1.4 Certifications
- 15.5.2 Blackmore Wagyu
- 15.5.2.1 Company Overview
- 15.5.2.2 Product Portfolio
- 15.5.2.3 Demographic Reach and Achievements
- 15.5.2.4 Certifications
- 15.5.3 Robbins Island Wagyu
- 15.5.3.1 Company Overview
- 15.5.3.2 Product Portfolio
- 15.5.3.3 Demographic Reach and Achievements
- 15.5.3.4 Certifications
- 15.5.4 Mayura Station
- 15.5.4.1 Company Overview
- 15.5.4.2 Product Portfolio
- 15.5.4.3 Demographic Reach and Achievements
- 15.5.4.4 Certifications
- 15.5.5 Starzen Co., Ltd.
- 15.5.5.1 Company Overview
- 15.5.5.2 Product Portfolio
- 15.5.5.3 Demographic Reach and Achievements
- 15.5.5.4 Certifications
- 15.5.6 ITOHAM YONEKYU HOLDINGS INC.
- 15.5.6.1 Company Overview
- 15.5.6.2 Product Portfolio
- 15.5.6.3 Demographic Reach and Achievements
- 15.5.6.4 Certifications
- 15.5.7 Australian agricultural company limited
- 15.5.7.1 Company Overview
- 15.5.7.2 Product Portfolio
- 15.5.7.3 Demographic Reach and Achievements
- 15.5.7.4 Certifications
- 15.5.8 Asia International Inc.
- 15.5.8.1 Company Overview
- 15.5.8.2 Product Portfolio
- 15.5.8.3 Demographic Reach and Achievements
- 15.5.8.4 Certifications
- 15.5.9 AB to C, LLC
- 15.5.9.1 Company Overview
- 15.5.9.2 Product Portfolio
- 15.5.9.3 Demographic Reach and Achievements
- 15.5.9.4 Certifications
- 15.5.10 Lone Mountain Wagyu, LLC
- 15.5.10.1 Company Overview
- 15.5.10.2 Product Portfolio
- 15.5.10.3 Demographic Reach and Achievements
- 15.5.10.4 Certifications
- 15.5.11 Others
Pricing
Currency Rates
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