The global tofu market is anticipated to grow significantly at a CAGR of 8.8% over the forecast period. Tofu has gained high popularity as an ingredient in many end-use applications due to its usage as an alternative for other milk products. Rapidly rising people's concern regarding animal welfare, personal health, and sustainability is driving a shift in consumer interest from animal to plant-based products. Animal-derived protein consumption is associated with high cholesterol, fat, and calorie levels, which increase the risk of cardiac disease, high blood sugar levels, and obesity; thus, people are inclined toward vegan protein sources. Such factors have considerably increased the pace of the tofu market's expansion. Furthermore, the young consumers are opting for an alternative to red meat, however they are not ready to give up protein; thus, they are switching to plant-based protein products, such as tofu and others, which is boosting the key market players to develop and launch plant-based tofu globally. For instance,

In 2021, Tofoo Company launched UK's first frozen tofu, Tofoo Chunkies, to increase the consumer reach and accessibility to various tofu products.
In 2021, House Foods Group invested in building a 350,000-sq-ft manufacturing plant for the production of tofu and tofu-based products for US consumers owing to increasing demand.
in 2019, Japan-based food manufacturer Invigorate Foods invested over USD 8 million in India to boost its soy-based product offerings in the country. In the same year, the company launched a product Genki-Ya Tofu, made of fresh soy milk extracts.
In 2019, Invigorate Foods spent around USD 8 million in the Indian market. The company also launched a product called GenkiYa Tofu.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered-

By Type
By Product
By Distribution Channel  

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- House Foods Group, Moringa & Co., Pulmuone Co., The Tofoo Co., Keystone Natural Holdings, and others.

Tofu Market– Segmentation

By Type

Organic
Conventional

By Product

Processed
Unprocessed

By Distribution Channel

Supermarkets/Hypermarkets
Convenience stores
Online Retailers

A full Report of Tofu Market is Available @  https://www.omrglobal.com/industry-reports/tofu-market

 Tofu Market by Region 

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Amy's Kitchen
CJ CheilJedang
Eden Foods
Hain Celestial Group
Hangzhou Bean Food
Invigorate Foods
Kikkoman Corp.
Kong Kee Food
Nasoya
Sagamiya Foods
Shanghai Tramy Green Food Group
Shenyang Fulai Food Industrial
Soyarich Foods
Sunrise Soya Foods
Taifun-Tofu
Tofurky
Vitasoy International Holdings Ltd.
Zuming Bean Products

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