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PUBLISHER: IMARC | PRODUCT CODE: 1370227
PUBLISHER: IMARC | PRODUCT CODE: 1370227
Tofu Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
Market Overview 2023-2028:
The global tofu market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Tofu, or bean curd, refers to a creamy and protein-rich soy product that is made from curdling fresh soy milk and pressing it into a solid block. Unprocessed tofu is commonly available in a variety of textures, including extra-soft, soft, silken, firm and extra-firm. It is widely used in multiple cuisines as it can effectively absorb flavors from spices, seasoning, sauces and marinades. It is a rich source of various nutrients and health-promoting compounds, such as iron, calcium, magnesium, copper, zinc, amino acids and vitamin B1, which aid in improving heart and bone health and weight management.
Global Tofu Market Trends:
The significant growth in the food and beverage industry, along with increasing consumer preferences for vegan food products, is among the key factors driving the growth of the market. In line with this, growing health consciousness and increasing instances of various lifestyle disorders have led to the widespread adoption of low-fat and low-cholesterol vegan and soy-based food products. Furthermore, the continual launch of innovative product variants, such as tofu-based sauces, burgers, hot dogs, ice creams, shakes and desserts, is acting as another growth-inducing factor. Restaurants, cafes and other eateries are experimenting with multiple flavors and combinations of tofu to offer innovative and unique dishes to their customers. Additionally, the premiumization of gluten-free and low carb diets across the globe has also catalyzed the inclusion of organic tofu in the diets. Other factors, including aggressive promotional activities by manufacturers on social media platforms, the easy product availability through various e-commerce retail chains, rising consumer expenditure and rapid urbanization, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global tofu market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, type, application and distribution channel.
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 Hypermarkets
Convenience Stores
Specialist Stores
Online Stores
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Amy's Kitchen, Eden Foods Inc., Hain Celestia, House Foods Group, Kikkoman, Morinaga & Company, Pulmuone, Tofurky, Vitasoy, etc.
Key Questions Answered in This Report
- 1. What was the size of the global tofu market in 2022?
- 2. What is the expected growth rate of the global tofu market during 2023-2028?
- 3. What are the key factors driving the global tofu market?
- 4. What has been the impact of COVID-19 on the global tofu market?
- 5. What is the breakup of the global tofu market based on the product?
- 6. What is the breakup of the global tofu market based on the type?
- 7. What is the breakup of the global tofu market based on the application?
- 8. What is the breakup of the global tofu market based on the distribution channel?
- 9. What are the key regions in the global tofu market?
- 10. Who are the key players/companies in the global tofu market?
Product Code: SR112023A2109
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Tofu Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Processed Tofu
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Unprocessed Tofu
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Type
- 7.1 Organic
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Conventional
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Hotels, Restaurants and Catering
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Food Processing
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Household
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 Direct Sales
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Supermarkets and Hypermarkets
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Convenience Stores
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Specialist Stores
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Online Stores
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Amy's Kitchen
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Eden Foods Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Hain Celestia
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 House Foods Group
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Kikkoman
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Morinaga & Company
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Pulmuone
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Tofurky
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Vitasoy
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.1 Amy's Kitchen
Product Code: SR112023A2109
List of Figures
- Figure 1: Global: Tofu Market: Major Drivers and Challenges
- Figure 2: Global: Tofu Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Tofu Market: Breakup by Product (in %), 2022
- Figure 4: Global: Tofu Market: Breakup by Type (in %), 2022
- Figure 5: Global: Tofu Market: Breakup by Application (in %), 2022
- Figure 6: Global: Tofu Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Tofu Market: Breakup by Region (in %), 2022
- Figure 8: Global: Tofu Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 9: Global: Tofu (Processed) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Tofu (Processed) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Tofu (Unprocessed) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Tofu (Unprocessed) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Tofu (Organic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Tofu (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Tofu (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Tofu (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Tofu (Hotels, Restaurants and Catering) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Tofu (Hotels, Restaurants and Catering) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Tofu (Food Processing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Tofu (Food Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Tofu (Household) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Tofu (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Tofu (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Tofu (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Tofu Market: Direct Sales (in Million US$), 2017 & 2022
- Figure 26: Global: Tofu Market Forecast: Direct Sales (in Million US$), 2023-2028
- Figure 27: Global: Tofu Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
- Figure 28: Global: Tofu Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
- Figure 29: Global: Tofu Market: Sales through Convenience Stores (in Million US$), 2017 & 2022
- Figure 30: Global: Tofu Market Forecast: Sales through Convenience Stores (in Million US$), 2023-2028
- Figure 31: Global: Tofu Market: Sales through Specialist Stores (in Million US$), 2017 & 2022
- Figure 32: Global: Tofu Market Forecast: Sales through Specialist Stores (in Million US$), 2023-2028
- Figure 33: Global: Tofu Market: Sales through Online Stores (in Million US$), 2017 & 2022
- Figure 34: Global: Tofu Market Forecast: Sales through Online Stores (in Million US$), 2023-2028
- Figure 35: Global: Tofu Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
- Figure 36: Global: Tofu Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
- Figure 37: North America: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: North America: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: United States: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: United States: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Canada: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Canada: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Asia Pacific: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Asia Pacific: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: China: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: China: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Japan: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Japan: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: India: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: India: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: South Korea: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: South Korea: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Australia: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Australia: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Indonesia: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Indonesia: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Others: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Others: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Europe: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Europe: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Germany: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Germany: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: France: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: France: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: United Kingdom: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: United Kingdom: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Italy: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Italy: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Spain: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Spain: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Russia: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Russia: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Others: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Others: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Latin America: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Latin America: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Brazil: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Brazil: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Mexico: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Mexico: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Others: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Others: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Middle East and Africa: Tofu Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Middle East and Africa: Tofu Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Global: Tofu Industry: SWOT Analysis
- Figure 86: Global: Tofu Industry: Value Chain Analysis
- Figure 87: Global: Tofu Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Tofu Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Tofu Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Tofu Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 4: Global: Tofu Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Tofu Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 6: Global: Tofu Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Tofu Market: Competitive Structure
- Table 8: Global: Tofu Market: Key Players
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