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Global Tofu Market 2017-2021

Global Tofu Market 2017-2021

About Tofu

Tofu is prepared by coagulating soy milk and then pressing the resulting curds into soft white blocks. Tofu can be soft, silken, firm and extra firm. It has a subtle flavor and can be used in sweet and savory dishes. Tofu is a naturally gluten-free and low-calorie food. It contains no cholesterol and is an excellent source of protein.

Technavio’s analysts forecast the global tofu market to grow at a CAGR of 4.02% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global tofu market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Tofu Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Hain Celestial
  • House Foods Group
  • Hügli Holding
  • MORINAGA
  • Pulmuone
  • VITASOY
Other prominent vendors
  • Amy's Kitchen
  • Eden Foods
  • Kikkoman
  • San Jose Tofu
  • The Nisshin OilliO
  • Tofurky
Market driver
  • Health benefits of tofu
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating prices of soy
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for plant protein nutrients
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Tofu Market 2017-2021

Technavio recognizes the following companies as the key players in the global tofu market: Hain Celestial, House Foods Group, Hügli Holding, MORINAGA, Pulmuone and VITASOY.

Other Prominent Vendors in the market are: Amy's Kitchen, Eden Foods, Kikkoman, San Jose Tofu, The Nisshin OilliO and Tofurky.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing demand for plant protein nutrients. There is increasing demand for plant protein nutrients. The growing awareness among consumers about the health benefits of such nutrients has led to the increasing growth of the soy protein ingredients market.”

According to the report, one driver in the market is health benefits of tofu. The growing awareness among consumers about the health benefits of plant-based nutrients such as soy-based foods is driving the global tofu market. Tofu is one of the world's most concentrated sources of high-quality vegetable protein. The frozen, dried tofu has twice the protein of beef, fish, and chicken, and negligible cholesterol levels.

Further, the report states that one challenge in the market is fluctuating prices of soy. The widening gap between the demand and supply in recent years has increased the costs of raw materials substantially. Any surge in the price of raw materials, such as soy, not only increases the manufacturing cost but leads to reduced profit margins for vendors. This factor, along with the need to sustain in the competitive market, influences manufacturers to experiment with inexpensive substitutes.



Companies Mentioned

Hain Celestial, House Foods Group, Hügli Holding, MORINAGA, Pulmuone, VITASOY, Amy's Kitchen, Eden Foods, Kikkoman, San Jose Tofu, The Nisshin OilliO and Tofurky.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global tofu market in global meat substitutes market 2016: An overview
      • Table Tofu manufacturing process
    • Global meat substitutes market
      • Table Global meat substitutes market 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Global tofu market overview
      • Table Global tofu market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global tofu market by product
      • Table Global tofu market by product 2016 and 2021 (% share)
    • Global processed tofu market
      • Table Global processed tofu market 2016-2021 ($ millions)
    • Global unprocessed tofu market
      • Table Global unprocessed tofu market 2016-2021 ($ millions)
  • Geographical segmentation
    • Global tofu market by geography
      • Table Global tofu market by geography 2016 and 2021 (% share)
    • Tofu market in APAC
      • Table Tofu market in APAC 2016-2021 ($ millions)
    • Tofu market in the Americas
      • Table Tofu market in the Americas 2016-2021 ($ millions)
    • Tofu market in EMEA
      • Table Tofu market in EMEA 2016-2021 ($ millions)
  • Key leading countries
    • Key leading countries: Market share in 2016
      • Table Key leading countries 2016
    • US
    • China
    • Japan
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Prices of soybean 2013-2017 ($ per bushel)
  • Market trends
    • Increasing soy production
      • Table Global soy production 2014-2016 (millions of tons)
      • Table Leading soy producing countries 2016
    • New product launches
    • Recent innovations in tofu
    • Increasing demand for plant protein nutrients
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors of global tofu market
      • Table Competitive assessment of key vendors 2016
  • Key vendor analysis
    • Hain Celestial
      • Table Hain Celestial: Product portfolio
    • House Foods Group
      • Table House Foods: Product portfolio
    • Hügli Holding
    • MORINAGA
      • Table MORINAGA: Product portfolio
    • Pulmuone
      • Table Pulmuone: Product portfolio
    • VITASOY
      • Table VITASOY: Product portfolio
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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