Wasabi Market to Reach US$ 590.8 Mn at a CAGR of 8.7% in 2027

Wasabi Market to 2027 - Global Analysis and Forecasts by Product Type (Powder, Paste & Sauces, and Others); Packaging Type (Bottles, Tubes, Pouches & Sachets, and Others); Distribution Channel (Store based and Non-Store based); Application (Food & Beverages, Medical, and Nutraceutical)

  • Report Code : TIPRE00005910
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 182
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The Wasabi market was valued at US$ 279.7 million in 2018 and is projected to reach US$ 590.8 million by 2027; it is expected to grow at a CAGR of 8.7% from 2019 to 2027.

Wasabi has a distinct flavor that stems from sulfur compounds known as isothiocyanates (ITCs). When plant tissues are injured, ITCs are formed from the precursor glucosinolates (GSLs). Wasabi's ITCs help in the treatment of inflammatory disorders such as anaphylaxis and asthma. As a result, increased awareness of wasabi's qualities is projected to propel the worldwide wasabi market forward in the coming years. In addition, the shifting taste preferences, particularly in the West, are also driving the market. The addition of hot and spicy spices in Western cuisine has inspired food and beverage makers to develop wasabi-containing products. Because of the improved taste and flavor, there is a growing demand for lighter mayonnaises and sauces, including wasabi, because of the enhanced taste and flavor.

The Wasabi market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growth of the market in this region is mainly attributed to the rising disposable income, increasing upper middle class, changing lifestyles, and evolving food habits are some of the factors that are anticipated to drive the demand of wasabi based products in Asia Pacific countries. In addition to this, the increasing risks of lifestyle diseases related to cardiovascular, digestive and respiratory systems are leading to increased consumer attention towards the importance of a balanced diet and nutrient rich foods. The temperate and tropical climates in most of the Asia Pacific countries favor the cultivation of a large variety of crops. Hence, the availability of fertile and rich organic soil in many Asian countries presents a significant opportunity for wasabi cultivation.

Wasabi Market

Wasabi Market
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Market Insights

Rising Awareness Of Health Benefits Of Wasabi Is Expected to Fuel Wasabi Market Growth

Wasabi is a cruciferous vegetable that naturally grows typically along the streambeds in the mountain river valleys. Some compounds in wasabi, including isothiocyanates (ITCs), are responsible for the pungent flavor of wasabi that is associated with several health benefits such as antibacterial properties, anti-inflammatory properties, might promote fat loss, wasabi for cancer suppression, and other benefits. The growing awareness of these health benefits is supplementing the production of wasabi across the world and is propelling the growth of the market.

Product Type Insights

Based on product type, the wasabi market is bifurcated into powder and paste & sauces. The powder segment accounted for a larger market share in 2018. The wasabi is available in powder form and is freeze-dried, helps in retaining isothiocyanate (ITC) content and contains no additives. The wasabi powder mostly has a longer shelf life. The powder wasabi is relatively less expensive than paste available in a squeeze tube. The wasabi powder is offered in a sealed package; however, in case it is provided in a plastic bag, then it might have lost some flavors. Also, these powders are stored in the freezer to maintain the quality and taste of wasabi. Thus, all are expected to propel the demand for the wasabi during the forecast period.

Wasabi Market, by Product Type– 2018 and 2027

Wasabi Market, by Product Type– 2018 and 2027
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Packaging Type Insights

Based on packaging type, the wasabi market is segmented into bottles, tubes, pouches & sachets, and others. The bottles segment accounted for the largest market share in 2018. The wasabi in the form of paste, beads, and capsules are offered in a bottle type of packaging. Owing to the highly susceptible nature of sauces, spreads, and soups, a requirement for packaging materials which retains the freshness and quality of a product are rising. The products mentioned above are exposed to oxidation and flavor loss in case of improper packaging; therefore, the manufacturers are reverting to glass jars and bottles from plastic packaging which is expected to increase the market growth.

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Wasabi Market: Strategic Insights

wasabi-market
Market Size Value inUS$ 279.7 Million in 2018
Market Size Value byUS$ 590.8 Million by 2027
Growth rateCAGR of 8.7% from 2019-2027
Forecast Period2019-2027
Base Year2019
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A few players operating in the wasabi market are World Wasabi Inc., Clearspring Ltd., Eden Foods, KINJIRUSHI Co., Ltd., Oregon Coast Wasabi, Real Wasabi, LLC, Wingreens Farms, Wasabi Essentials Ltd., S&B Foods Inc., and Silver Spring Foods, Inc among many others. The key companies implement the mergers and acquisitions, and research and development strategies to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.

Report Spotlights

  • Progressive industry trends in the wasabi market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the wasabi market from 2019 to 2027
  • Estimation of global demand for Wasabi
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the wasabi market
  • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the wasabi market size at various nodes
  • Detailed overview and segmentation of the market, as well as the wasabi industry dynamics
  • Size of the wasabi market in various regions with promising growth opportunities

Wasabi Market- by Product Type

  • Powder
  • Paste & Sauces
  • Others

Wasabi Market – by Packaging Type

  • Bottles
  • Tubes
  • Pouches and Sachets
  • Others


Wasabi Market – by Distribution Channel

  • Store based
  • Non-Store based


Wasabi Market- by Application

  • Food & Beverages
  • Medical
  • Nutraceutical

Company Profiles

  • World Wasabi Inc.
  • Clearspring Ltd.
  • Eden Foods
  • KINJIRUSHI Co., Ltd.
  • Oregon Coast Wasabi
  • Real Wasabi, LLC
  • Wingreens Farms
  • Wasabi Essentials Ltd.
  • S&B Foods Inc.
  • Silver Spring Foods, Inc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product Type ; Packaging Type ; Distribution Channel ; Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Global Wasabi Market, By Product Type

1.3.2 Global Wasabi Market, By Packaging Type

1.3.3 Global Wasabi Market, By Distribution Channel

1.3.4 Global Wasabi Market, By Application

1.3.5 Global Wasabi Market, By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Wasabi- Market Landscape

4.1 Market Overview

4.2 Expert Opinions

4.3 PEST Analysis

4.3.1 North America – PEST Analysis

4.3.2 Wasabi Market – Europe PEST Analysis

4.3.3 Asia-Pacific PEST Analysis

4.3.4 Wasabi Market – Middle East and Africa PEST Analysis

4.3.5 Wasabi Market – South America PEST Analysis

5. Wasabi Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Growing proliferation of Japanese cuisine across the world

5.1.2 Increasing awareness of health benefits of wasabi

5.2 Key Market Restraint

5.2.1 High price of Wasabia japonica pertaining to increased production complexities

5.3 Key Market Opportunity

5.3.1 Increasing production opportunities across various regions

5.4 Future Trend

5.4.1 Emergence of fusion cuisine and newer applications

5.5 Impact Analysis of Drivers and Restraints

6. Wasabi Market– Global Analysis

6.1 Global Wasabi Market Overview

6.2 Global Wasabi Market Forecast and Analysis

6.3 Market Positioning - Key Players

7. Wasabi Market Analysis – By Product Type

7.1 Overview

7.2 Wasabi Market Breakdown, By Product Type, 2018 & 2027

7.3 Powder

7.3.1 Overview

7.3.2 Powder Market Revenue and Forecasts to 2027 (US$ Mn)

7.4 Paste And Sauces

7.4.1 Overview

7.4.2 Paste and Sauces Market Revenue and Forecasts to 2027 (US$ Mn)

7.5 Others

7.5.1 Overview

7.5.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

8. Wasabi Market Revenue and Forecasts to 2027 –By Packaging Type

8.1 Overview

8.2 Wasabi Market Breakdown, By Packaging Type, 2018 & 2027

8.3 Bottles

8.3.1 Overview

8.3.2 Bottles Market Revenue and Forecasts to 2027 (US$ Mn)

8.4 Tubes

8.4.1 Overview

8.4.2 Tubes Market Revenue and Forecasts to 2027 (US$ Mn)

8.5 Pouches and Sachets

8.5.1 Overview

8.5.2 Pouches and Sachets Market Revenue and Forecasts to 2027 (US$ Mn)

8.6 Others

8.6.1 Overview

8.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

9. Wasabi Market Analysis – By Distribution Channel

9.1 Overview

9.2 Global Wasabi Market Breakdown, By Distribution Channel, 2018 & 2027

9.3 Stored based

9.3.1 Overview

9.3.2 Stored based Market Revenue and Forecasts to 2027 (US$ Mn)

9.4 Non-Stored based

9.4.1 Overview

9.4.2 Non-Stored based Market Revenue and Forecasts to 2027 (US$ Mn)

10. Wasabi Market Analysis – By Application

10.1 Overview

10.2 Global Wasabi Market Breakdown, By Application, 2018 & 2027

10.3 Food & Beverage

10.3.1 Overview

10.3.2 Food & Beverage Market Revenue and Forecasts to 2027 (US$ Mn)

10.4 Medical

10.4.1 Overview

10.4.2 Medical Market Revenue and Forecasts to 2027 (US$ Mn)

10.5 Nutraceutical

10.5.1 Overview

10.5.2 Nutraceutical Market Revenue and Forecasts to 2027 (US$ Mn)

11. Global Wasabi Market – Geographic Analysis

11.1 Overview

11.2 North America Wasabi Market Revenue and Forecasts to 2027

11.2.1 North America Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.2.2 North America Wasabi Market Breakdown, By Product Type

11.2.3 North America Wasabi Market Breakdown, By Packaging Type

11.2.4 North America Wasabi Market Breakdown, By Distribution Channel

11.2.5 North America Wasabi Market Breakdown, By Application

11.2.6 North America Wasabi Market Breakdown, By Key Country

11.2.6.1 US Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.2.6.1.1 US Wasabi Market Breakdown, By Product Type

11.2.6.1.2 US Wasabi Market Breakdown, By Packaging Type

11.2.6.1.3 US Wasabi Market Breakdown, By Distribution Channel

11.2.6.1.4 US Wasabi Market Breakdown, By Application

11.2.6.2 Canada Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.2.6.2.1 Canada Wasabi Market Breakdown, By Product Type

11.2.6.2.2 Canada Wasabi Market Breakdown, By Packaging Type

11.2.6.2.3 Canada Wasabi Market Breakdown, By Distribution Channel

11.2.6.2.4 Canada Wasabi Market Breakdown, By Application

11.2.6.3 Mexico Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.2.6.3.1 Mexico Wasabi Market Breakdown, By Product Type

11.2.6.3.2 Mexico Wasabi Market Breakdown, By Packaging Type

11.2.6.3.3 Mexico Wasabi Market Breakdown, By Distribution Channel

11.2.6.3.4 Mexico Wasabi Market Breakdown, By Application

11.3 Europe Wasabi Market Revenue and Forecasts To 2027

11.3.1 Europe Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.3.2 Europe Wasabi Market Breakdown, By Product Type

11.3.3 Europe Wasabi Market Breakdown, By Packaging Type

11.3.4 Europe Wasabi Market Breakdown, By Distribution Channel

11.3.5 Europe Wasabi Market Breakdown, By Application

11.3.6 Europe Wasabi Market Breakdown, By Key Country

11.3.6.1 Germany Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.3.6.1.1 Germany Wasabi Market Breakdown, By Product Type

11.3.6.1.2 Germany Wasabi Market Breakdown, By Packaging Type

11.3.6.1.3 Germany Wasabi Market Breakdown, By Distribution Channel

11.3.6.1.4 Germany Wasabi Market Breakdown, By Application

11.3.6.2 France Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.3.6.2.1 France Wasabi Market Breakdown, By Product Type

11.3.6.2.2 France Wasabi Market Breakdown, By Packaging Type

11.3.6.2.3 France Wasabi Market Breakdown, By Distribution Channel

11.3.6.2.4 France Wasabi Market Breakdown, By Application

11.3.6.3 Italy Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.3.6.3.1 Italy Wasabi Market Breakdown, By Product Type

11.3.6.3.2 Italy Wasabi Market Breakdown, By Packaging Type

11.3.6.3.3 Italy Wasabi Market Breakdown, By Distribution Channel

11.3.6.3.4 Italy Wasabi Market Breakdown, By Application

11.3.6.4 UK Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.3.6.4.1 UK Wasabi Market Breakdown, By Product Type

11.3.6.4.2 UK Wasabi Market Breakdown, By Packaging Type

11.3.6.4.3 UK Wasabi Market Breakdown, By Distribution Channel

11.3.6.4.4 UK Wasabi Market Breakdown, By Application

11.3.6.5 Russia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.3.6.5.1 Russia Wasabi Market Breakdown, By Product Type

11.3.6.5.2 Russia Wasabi Market Breakdown, By Packaging Type

11.3.6.5.3 Russia Wasabi Market Breakdown, By Distribution Channel

11.3.6.5.4 Russia Wasabi Market Breakdown, By Application

11.3.6.6 Rest Of Europe Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.3.6.6.1 Rest Of Europe Wasabi Market Breakdown, By Product Type

11.3.6.6.2 Rest Of Europe Wasabi Market Breakdown, By Packaging Type

11.3.6.6.3 Rest of Europe Wasabi Market Breakdown, By Distribution Channel

11.3.6.6.4 Rest Of Europe Wasabi Market Breakdown, By Application

11.4 APAC Wasabi Market Revenue and Forecasts To 2027

11.4.1 APAC Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.4.2 APAC Wasabi Market Breakdown, By Product Type

11.4.3 APAC Wasabi Market Breakdown, By Packaging Type

11.4.4 APAC Wasabi Market Breakdown, By Distribution Channel

11.4.5 APAC Wasabi Market Breakdown, By Application

11.4.6 APAC Wasabi Market Breakdown, By Key Country

11.4.6.1 Australia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.4.6.1.1 Australia Wasabi Market Breakdown, By Product Type

11.4.6.1.2 Australia Wasabi Market Breakdown, By Packaging Type

11.4.6.1.3 Australia Wasabi Market Breakdown, By Distribution Channel

11.4.6.1.4 Australia Wasabi Market Breakdown, By Application

11.4.6.2 China Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.4.6.2.1 China Wasabi Market Breakdown, By Product Type

11.4.6.2.2 China Wasabi Market Breakdown, By Packaging Type

11.4.6.2.3 China Wasabi Market Breakdown, By Distribution Channel

11.4.6.2.4 China Wasabi Market Breakdown, By Application

11.4.6.3 Taiwan Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.4.6.3.1 Taiwan Wasabi Market Breakdown, By Product Type

11.4.6.3.2 Taiwan Wasabi Market Breakdown, By Packaging Type

11.4.6.3.3 Taiwan Wasabi Market Breakdown, By Distribution Channel

11.4.6.3.4 Taiwan Wasabi Market Breakdown, By Application

11.4.6.4 Japan Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.4.6.4.1 Japan Wasabi Market Breakdown, By Product Type

11.4.6.4.2 Japan Wasabi Market Breakdown, By Packaging Type

11.4.6.4.3 Japan Wasabi Market Breakdown, By Distribution Channel

11.4.6.4.4 Japan Wasabi Market Breakdown, By Application

11.4.6.5 New Zealand Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.4.6.5.1 New Zealand Wasabi Market Breakdown, By Product Type

11.4.6.5.2 New Zealand Wasabi Market Breakdown, By Packaging Type

11.4.6.5.3 New Zealand Wasabi Market Breakdown, By Distribution Channel

11.4.6.5.4 New Zealand Wasabi Market Breakdown, By Application

11.4.6.6 Rest of APAC Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.4.6.6.1 Rest of APAC Wasabi Market Breakdown, By Product Type

11.4.6.6.2 Rest of APAC Wasabi Market Breakdown, By Packaging Type

11.4.6.6.3 Rest of APAC Wasabi Market Breakdown, By Distribution Channel

11.4.6.6.4 Rest of APAC Wasabi Market Breakdown, By Application

11.5 Middle East and Africa Wasabi Market Revenue and Forecasts To 2027

11.5.1 MEA Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.5.2 MEA Wasabi Market Breakdown, By Product Type

11.5.3 MEA Wasabi Market Breakdown, By Packaging Type

11.5.4 MEA Wasabi Market Breakdown, By Distribution Channel

11.5.5 MEA Wasabi Market Breakdown, By Application

11.5.6 MEA Wasabi Market Breakdown, By Key Country

11.5.6.1 South Africa Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.5.6.1.1 South Africa Wasabi Market Breakdown, By Product Type

11.5.6.1.2 South Africa Wasabi Market Breakdown, By Packaging Type

11.5.6.1.3 South Africa Wasabi Market Breakdown, By Distribution Channel

11.5.6.1.4 South Africa Wasabi Market Breakdown, By Application

11.5.6.2 Saudi Arabia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.5.6.2.1 Saudi Arabia Wasabi Market Breakdown, By Product Type

11.5.6.2.2 Saudi Arabia Wasabi Market Breakdown, By Packaging Type

11.5.6.2.3 Saudi Arabia Wasabi Market Breakdown, By Distribution Channel

11.5.6.2.4 Saudi Arabia Wasabi Market Breakdown, By Application

11.5.6.3 UAE Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.5.6.3.1 UAE Wasabi Market Breakdown, By Product Type

11.5.6.3.2 UAE Wasabi Market Breakdown, By Packaging Type

11.5.6.3.3 UAE Wasabi Market Breakdown, By Distribution Channel

11.5.6.3.4 UAE Wasabi Market Breakdown, By Application

11.5.6.4 Rest of MEA Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.5.6.4.1 Rest of MEA Wasabi Market Breakdown, By Product Type

11.5.6.4.2 Rest of MEA Wasabi Market Breakdown, By Packaging Type

11.5.6.4.3 Rest of MEA Wasabi Market Breakdown, By Distribution Channel

11.5.6.4.4 Rest of MEA Wasabi Market Breakdown, By Application

11.6 South America Wasabi Market Revenue and Forecasts To 2027

11.6.1 South America Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.6.2 SAM Wasabi Market Breakdown, By Product Type

11.6.3 SAM Wasabi Market Breakdown, By Packaging Type

11.6.4 SAM Wasabi Market Breakdown, By Distribution Channel

11.6.5 SAM Wasabi Market Breakdown, By Application

11.6.6 South America Wasabi Market Breakdown, By Key Country

11.6.6.1 Brazil Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.6.6.1.1 Brazil Wasabi Market Breakdown, By Product Type

11.6.6.1.2 Brazil Wasabi Market Breakdown, By Packaging Type

11.6.6.1.3 Brazil Wasabi Market Breakdown, By Distribution Channel

11.6.6.1.4 Brazil Wasabi Market Breakdown, By Application

11.6.6.2 Argentina Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.6.6.2.1 Argentina Wasabi Market Breakdown, By Product Type

11.6.6.2.2 Argentina Wasabi Market Breakdown, By Packaging Type

11.6.6.2.3 Argentina Wasabi Market Breakdown, By Distribution Channel

11.6.6.2.4 Argentina Wasabi Market Breakdown, By Application

11.6.6.3 Rest of SAM Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

11.6.6.3.1 Rest of SAM Wasabi Market Breakdown, By Product Type

11.6.6.3.2 Rest of SAM Wasabi Market Breakdown, By Packaging Type

11.6.6.3.3 Rest of SAM Wasabi Market Breakdown, By Distribution Channel

11.6.6.3.4 Rest of SAM Wasabi Market Breakdown, By Application

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Development

13. Key Company Profiles

13.1 Clearspring Ltd

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.2 Eden Foods

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 KINJIRUSHI Co., Ltd.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.4 Real Wasabi, LLC

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.5 Silver Spring Foods, Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Oregon Coast Wasabi

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.7 S&B FOODS INC.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 WORLD WASABI, INC.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.9 Wingreens Farms

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.10 Wasabi Essentials Ltd.

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Product and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

14. Appendix

14.1 About The Insight Partners

14.2 Glossary


LIST OF TABLES

Table 1. Global Wasabi Market Revenue and Forecasts to 2027 (US$ Bn)

Table 2. North America Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 3. North America Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 4. North America Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 5. North America Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 6. US Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 7. US Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 8. US Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 9. US Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 10. Canada Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 11. Canada Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 12. Canada Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 13. Canada Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 14. Mexico Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 15. Mexico Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 16. Mexico Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 17. Mexico Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 18. Europe Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 19. Europe Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 20. Europe Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 21. Europe Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 22. Germany Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 23. Germany Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 24. Germany Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 25. Germany Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 26. France Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 27. France Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 28. France Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 29. France Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 30. Italy Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 31. Italy Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 32. Italy Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 33. Italy Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 34. UK Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 35. UK Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 36. UK Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 37. UK Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 38. Russia Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 39. Russia Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 40. Russia Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 41. Russia Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 42. Rest Of Europe Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 43. Rest Of Europe Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 44. Rest of Europe Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 45. Rest Of Europe Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 46. APAC Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 47. APAC Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 48. APAC Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 49. APAC Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 50. Australia Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 51. Australia Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 52. Australia Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 53. Australia Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 54. China Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 55. China Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 56. China Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 57. China Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 58. Taiwan Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 59. Taiwan Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 60. Taiwan Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 61. Taiwan Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 62. Japan Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 63. Japan Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 64. Japan Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 65. Japan Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 66. New Zealand Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 67. New Zealand Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 68. New Zealand Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 69. New Zealand Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 70. Rest of APAC Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 71. Rest of APAC Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 72. Rest of APAC Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 73. Rest of APAC Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 74. MEA Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 75. MEA Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 76. MEA Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 77. MEA Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 78. South Africa Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 79. South Africa Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 80. South Africa Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 81. South Africa Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 82. Saudi Arabia Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 83. Saudi Arabia Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 84. Saudi Arabia Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 85. Saudi Arabia Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 86. UAE Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 87. UAE Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 88. UAE Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 89. UAE Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 90. Rest of MEA Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 91. Rest of MEA Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 92. Rest of MEA Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 93. Rest of MEA Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 94. SAM Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 95. SAM Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 96. SAM Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 97. SAM Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 98. Brazil Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 99. Brazil Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 100. Brazil Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 101. Brazil Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 102. Argentina Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 103. Argentina Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 104. Argentina Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 105. Argentina Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 106. Rest of SAM Wasabi Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 107. Rest of SAM Wasabi Market Revenue and Forecasts to 2027 – By Packaging Type (US$ Mn)

Table 108. Rest of SAM Wasabi Market Revenue and Forecasts to 2027 – By Distribution Channel (US$ Mn)

Table 109. Rest of SAM Wasabi Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 110. Glossary of Terms, Wasabi Market

LIST OF FIGURES

Figure 1. Global Wasabi Market Segmentation

Figure 2. Global Wasabi Market Segmentation – By Geography

Figure 3. Market Overview of Wasabi (2019-2027)

Figure 4. A Snapshot of Market Strategies

Figure 5. APAC Wasabi Market – 2018 & 2027 (US$ MN)

Figure 6. North America – PEST Analysis

Figure 7. Europe- PEST Analysis

Figure 8. Asia Pacific – PEST Analysis

Figure 9. Middle East and Africa- PEST Analysis

Figure 10. South America- PEST Analysis

Figure 11. Wasabi Market Impact Analysis of Driver and Restraints

Figure 12. Global Wasabi Market – Geographic Analysis

Figure 13. Global Wasabi Market Forecast and Analysis, (US$ Bn)

Figure 14. Wasabi Market Breakdown, By Product Type, 2018 & 2027 (%)

Figure 15. Global Powder Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16. Global Paste and Sauces Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 17. Global Others market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18. Wasabi Market Breakdown, By Packaging Type, 2018 & 2027 (%)

Figure 19. Global Bottles Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 20. Global Tubes market Revenue and Forecasts to 2027 (US$ Mn)

Figure 21. Pouches and Sachets Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 22. Others Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 23. Global Wasabi Market Breakdown by Distribution Channel, 2018 & 2027 (%)

Figure 24. Stored based Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 25. Non-Stored based Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 26. Global Wasabi Market Breakdown by Application, 2018 & 2027 (%)

Figure 27. Food & Beverage Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 28. Medical Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 29. Nutraceutical Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 30. Wasabi Market, Global Breakdown, by Regions, 2018 & 2027 (%)

Figure 31. North America Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 32. North America Wasabi Market Breakdown, By Product Type, 2018 & 2027 (%)

Figure 33. North America Wasabi Market Breakdown, By Packaging Type, 2018 & 2027 (%)

Figure 34. North America Wasabi Market Breakdown, By Distribution Channel, 2018 & 2027 (%)

Figure 35. North America Wasabi Market Breakdown, By Application, 2018 & 2027 (%)

Figure 36. North America Wasabi Market Breakdown, By Key Country, 2018 & 2027(%)

Figure 37. US Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 38. Canada Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 39. Mexico Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 40. Europe Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 41. Europe Wasabi Market Breakdown, By Product Type, 2018 & 2027 (%)

Figure 42. Europe Wasabi Market Breakdown, By Packaging Type, 2018 & 2027 (%)

Figure 43. Europe Wasabi Market Breakdown, By Distribution Channel, 2018 & 2027 (%)

Figure 44. Europe Wasabi Market Breakdown, By Application, 2018 & 2027 (%)

Figure 45. Europe Wasabi Market Breakdown, By Key Country, 2018 & 2027(%)

Figure 46. Germany Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 47. France Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 48. Italy Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 49. UK Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 50. Russia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 51. Rest Of Europe Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 52. APAC Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 53. APAC Wasabi Market Breakdown, By Product Type, 2018 & 2027 (%)

Figure 54. APAC Wasabi Market Breakdown, By Packaging Type, 2018 & 2027 (%)

Figure 55. APAC Wasabi Market Breakdown, By Distribution Channel, 2018 & 2027 (%)

Figure 56. APAC Wasabi Market Breakdown, By Application, 2018 & 2027 (%)

Figure 57. APAC Wasabi Market Breakdown, By Key Country, 2018 & 2027(%)

Figure 58. Australia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 59. China Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 60. Taiwan Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 61. Japan Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 62. New Zealand Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 63. Rest of APAC Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 64. MEA Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 65. MEA Wasabi Market Breakdown, By Product Type, 2018 & 2027 (%)

Figure 66. MEA Wasabi Market Breakdown, By Packaging Type, 2018 & 2027 (%)

Figure 67. MEA Wasabi Market Breakdown, By Distribution Channel, 2018 & 2027 (%)

Figure 68. MEA Wasabi Market Breakdown, By Application, 2018 & 2027 (%)

Figure 69. MEA Wasabi Market Breakdown, By Key Country, 2018 & 2027(%)

Figure 70. South Africa Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 71. Saudi Arabia Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 72. UAE Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 73. Rest of MEA Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 74. South America Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 75. SAM Wasabi Market Breakdown, By Product Type, 2018 & 2027 (%)

Figure 76. SAM Wasabi Market Breakdown, By Packaging Type, 2018 & 2027 (%)

Figure 77. SAM Wasabi Market Breakdown, By Distribution Channel, 2018 & 2027 (%)

Figure 78. SAM Wasabi Market Breakdown, By Application, 2018 & 2027 (%)

Figure 79. South America Wasabi Market Breakdown, By Key Country, 2018 & 2027(%)

Figure 80. Brazil Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 81. Argentina Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 82. Rest of SAM Wasabi Market Revenue and Forecasts to 2027 (US$ Mn)

The List of Companies

  1. World Wasabi Inc.
  2. Clearspring Ltd.
  3. Eden Foods
  4. KINJIRUSHI Co., Ltd.
  5. Oregon Coast Wasabi
  6. Real Wasabi, LLC
  7. Wingreens Farms
  8. Wasabi Essentials Ltd.
  9. S&B Foods Inc.
  10. Silver Spring Foods, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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