Global Wasabi Market 2018-2022
About this market
The proliferation of e-commerce businesses allows customers to shop online and pay for their purchases with credit and debit cards. It saves their time. This business module also helps players save on operating costs. Technavio’s analysts have predicted that the global wasabi market will register a CAGR of over 10% by 2022.
Growing demand for Japanese cuisine
Wasabi is extensively used in sushi, sashimi, and other Japanese food and served with soba noodles and other Japanese dishes. Consumers have developed a liking toward the unique taste and unusual flavor of wasabi.
The growth of wasabi is severely limited by geographical and climatic condition such as the type of soil.
For the detailed list of factors that will drive and challenge the growth of the global wasabi market during 2018-2022, view our report.
The market appears to be fragmented with the presence of many companies. Factors such as the proliferation of e-commerce businesses and growing demand for Japanese cuisine, will provide considerable growth opportunities to wasabi market vendors. KINJIRUSHI, Oregon Coast Wasabi and Frog Eyes Wasabi, PACIFIC COAST WASABI, Real Wasabi, S&B FOODS, and THE WASABI COMPANY are some of the major companies covered in this report.
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