Tempeh Trends and Forecast
The future of the global tempeh market looks promising with opportunities in the hypermarket/supermarket, convenience store, and online retail store markets. The global tempeh market is expected to grow with a CAGR of 15.2% from 2024 to 2030. The major drivers for this market are growing demand for plant-based protein, rise of vegetarian and vegan population, and expanding demand for fermented foods.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Tempeh by Segment
The study includes a forecast for the global tempeh by product, distribution channel, and region.
Tempeh Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Organic
• Regular
Tempeh Market by Distribution channel [Shipment Analysis by Value from 2018 to 2030]:
• Hypermarket/Supermarket
• Convenience Store
• Online Retail Store
• Others
Tempeh Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Tempeh Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tempeh companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tempeh companies profiled in this report include-
• Nutrisoy
• Future Food
• Tempeh Meades
• Noble Bean
• Maple Leaf Foods
• TootieÄX%$%Xs Tempeh
• Plant Power
• Vegolution
• Byron Bay Tempeh
• Rhapsody Natural Foods
Tempeh Market Insights
Lucintel forecasts that organic is expected to witness the higher growth.
Within this market, hypermarket/supermarket is expected to witness the highest growth.
APAC is expected to witness highest growth.
Features of the Global Tempeh Market
Market Size Estimates: Tempeh market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Tempeh market size by product, distribution channel, and region in terms of value ($B).
Regional Analysis: Tempeh market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, distribution channels, and regions for the tempeh market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tempeh market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for tempeh market?
Answer: The global tempeh market is expected to grow with a CAGR of 15.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the tempeh market?
Answer: The major drivers for this market are growing demand for plant-based protein, rise of vegetarian and vegan population, and expanding demand for fermented foods.
Q3. What are the major segments for tempeh market?
Answer: The future of the tempeh market looks promising with opportunities in the hypermarket/supermarket, convenience store, and online retail store markets.
Q4. Who are the key tempeh market companies?
Answer: Some of the key tempeh companies are as follows:
• Nutrisoy
• Future Food
• Tempeh Meades
• Noble Bean
• Maple Leaf Foods
• TootieÄX%$%Xs Tempeh
• Plant Power
• Vegolution
• Byron Bay Tempeh
• Rhapsody Natural Foods
Q5. Which tempeh market segment will be the largest in future?
Answer: Lucintel forecasts that organic is expected to witness the higher growth.
Q6. In tempeh market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the tempeh market by product (organic and regular), distribution channel (hypermarket/supermarket, convenience store, online retail store, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Tempeh Market, Tempeh Market Size, Tempeh Market Growth, Tempeh Market Analysis, Tempeh Market Report, Tempeh Market Share, Tempeh Market Trends, Tempeh Market Forecast, Tempeh Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.