How big is the tofu market?

 According to the latest report by IMARC Group, titled “Tofu Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global tofu market size reached US$ 2.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.14% during 2022-2027.



Industry Overview and Application:

Tofu, also known as bean curd, represents a creamy and protein-rich item that is prepared by coagulating and pressing fresh soy milk into a solid block. It is a rich source of calcium, copper, iron, zinc, amino acids, vitamin B1, etc. Tofu assists in enhancing skin texture, boosting energy levels, maintaining a healthy weight, etc. It also contains isoflavones that aid in protecting against the risks of heart diseases, osteoporosis, cancer, etc. Unprocessed tofu is commonly available in various textures, including soft, silken, extra-soft, firm, extra-firm, etc. It can effectively absorb flavors from spices, seasoning, marinades, etc. Consequently, tofu is extensively utilized in several cuisines.

Market Trends:

The growing consumer inclination towards vegan diets and the expanding food and beverage (F&B) industry are primarily driving the tofu market. Additionally, the increasing prevalence of lifestyle disorders is augmenting the adoption of low-cholesterol, gluten-free, and plant-based food products. This, in turn, is catalyzing the global market. Moreover, quick serving restaurants (QSRs), cafes, and other eateries are experimenting with numerous flavors and combinations of tofu to offer innovative and unique dishes to their customers, which is acting as another significant growth-inducing factor. Besides this, the introduction of tofu-based hot dogs, ice creams, burgers, shakes, desserts, etc., and the rising utilization of aggressive promotional activities by the leading manufacturers on social media platforms, are stimulating the market growth. Furthermore, the development of antimicrobial packaging solutions to improve the shelf life of the product is anticipated to fuel the tofu market over the forecasted period.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/tofu-market/requestsample

Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global tofu market has been studied in the report with the detailed profiles of the key players operating in the market.

Major Players Covered: 

  • Amy's Kitchen
    • Eden Foods Inc.
    • Hain Celestia
    • House Foods Group
    • Morinaga & Company
    • Pulmuone
    • Tofurky
    • Vitasoy

Report Segmentation:

The report has segmented the global tofu market on the basis of product, type, application, distribution channel and region.

Breakup by Product:

  • Processed Tofu
    • Unprocessed Tofu

Breakup by Type:

  • Organic
    • Conventional

Breakup by Application:

  • Hotels, Restaurants and Catering
    • Food Processing
    • Household
    • Others

Breakup by Distribution Channel:

  • Direct Sales
    • Supermarkets and Hypermarket
    • Convenience Stores
    • Specialist Stores
    • Online Stores
    • Others

Geographical Analysis:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (Egypt, United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2109&flag=C

Key Highlights of the Report:

  • Market Performance (2016-2021)
    • Market Outlook (2022-2027)
    • Market Trends
    • Market Drivers and Success Factors
    • Impact of COVID-19
  • Value Chain Analysis
    • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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