The global Tofu market was valued at US$ 2244 million in 2020 and is expected to reach US$ 4628 million by the end of 2027, growing at a CAGR of 10.8% during 2021-2027.
Tofu, also known as bean curd, is a food prepared by coagulating soy milk and then pressing the resulting curds into solid white blocks of varying softness.
Tofu is made up of three ingredients: soybeans, water, and a coagulant—usually nigari (magnesium chloride) or gypsum (calcium sulfate).
Global Tofu key players include Pulmuone, Sagamiya Foods, CJ CheilJedang, Zuming Bean Products, House Foods America Corporation, etc. Global top five manufacturers hold a share nearly 30%.
Asia Pacific is the largest market, with a share about 75%, followed by North America, and Europe, both have a share nearly 20 percent.In terms of product, Firm Tofu is the largest segment, with a share over 55%. And in terms of distribution channel, the largest distribution channel is Dealer/Retailer, followed by Supermarkets and Hypermarkets, Direct Selling, etc.
Global Tofu Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Tofu Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Pulmuone, Sagamiya Foods, CJ CheilJedang, Zuming Bean Products, House Foods America Corporation, Morinaga Milk, Shanghai Tramy Green Food Group, Hangzhou Bean Food, Shenyang Fulai Food Industrial, Sunrise Soya Foo and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-tofu-market-research-report
Segment by Type
- Firm Tofu
- Soft Tofu
Segment by Application
- Supermarkets and Hypermarkets
- Direct Selling
Table of Content:
1 Tofu Market Overview
2 Tofu Market Competition by Manufacturers
3 Tofu Retrospective Market Scenario by Region
4 Global Tofu Historic Market Analysis by Type
5 Global Tofu Historic Market Analysis by Application
6 Key Companies Profiled
7 Tofu Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Tofu Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
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