The GCC Wagyu Beef Market size was valued at USD 172.09 million in 2024 and is projected to reach USD 237.29 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.50% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.

GCC Wagyu Beef Market Driver:

Growing Agreements & Trade Partnerships – GCC countries are largely dependent upon other countries such as Japan, Australia, and the United States for Wagyu beef consumption. The market growth is driven by the increasing trade agreements between these countries and the GCC region, which are actively producing high-quality Wagyu beef to supply it to the GCC region. These export agreements include the delivery of Halal-certified beef to meet the customs requirements of the region. For instance, in 2023, Australia exported about 5,000 metric tons to the GCC, contributing to the market growth.

Additionally, these exports have reduced import tariffs, which have increased the affordability of the wagyu beef in the region. For instance, in 2024, Australia signed a Memorandum of Understanding with the UAE to eliminate 5% import tariffs on frozen meat. Similarly, in 2023, Japan also got the official certification for exporting wagyu beef in this region with significantly low tariffs, thus increasing the market size & volume.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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GCC Wagyu Beef Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Product Type
  • Wagyu Beef Cuts (Ribeye, Sirloin, Tenderloin, etc.)- Market Size & Forecast 2020-2030, USD Million
  • Wagyu Ground Beef- Market Size & Forecast 2020-2030, USD Million
  • Wagyu Processed Beef Products (Sausages, Jerky, etc.)- Market Size & Forecast 2020-2030, USD Million
  • Others- Market Size & Forecast 2020-2030, USD Million
• By Distribution Channel
  • Supermarkets / Hypermarkets- Market Size & Forecast 2020-2030, USD Million
  • Online Retail- Market Size & Forecast 2020-2030, USD Million
  • Specialty Meat Stores / Butcher Shops- Market Size & Forecast 2020-2030, USD Million
  • Food Service / Hospitality (Hotels, Restaurants)- Market Size & Forecast 2020-2030, USD Million
• By End-User
  • Household- Market Size & Forecast 2020-2030, USD Million
  • Commercial- Market Size & Forecast 2020-2030, USD Million
• By Region
  • Saudi Arabia
  • The UAE
  • Qatar
  • Kuwait
  • Oman
  • Bahrain 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Kobe Beef Gulf, Al Khair Wagyu, Nasser Bin Khaled & Sons (Wagyu Division), Emirates Wagyu Trading, Qatar Wagyu Suppliers LLC, Arabian Wagyu Meat Co., Al Ain Wagyu Farms, Gulf Prime Wagyu, Suma Gourmet, Emirates Gourmet Meats, Alanaam Factory looking forward to strengthening their market positions.

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