Tofu Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The report covers Global Tofu Market Share & Consumption by Country. The market is segmented by Distribution Channel (Off-Trade, On-Trade) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America)

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Tofu Market Size

Tofu Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2016 - 2028
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR 11.65 %
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Concentration High
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Distribution Channel Off-Trade
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Europe
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Tofu Market Analysis

The Tofu Market is projected to register a CAGR of 11.65%

  • Europe is the Largest Region : Due to a large majority of the population being allergic to soy, the introduction of soy-free tofu derived from chickpea and yellow peas is trending in the market.
  • Off-Trade is the Largest Distribution Channel : Consumers purchasing from supermarkets and hypermarkets is increasing with the wide offerings in the store and the expansion of shelf space for meat substitutes like tofu.
  • Asia-Pacific is the Fastest-growing Region : Tofu is a common ingredient in ethnic and regional dishes from East and Southeast Asia, with subtle regional variations in methods of production, texture, flavor, and usage.
  • On-Trade is the Fastest-growing Distribution Channel : The sales growth is due to a hike in the global vegan population leading to the launch of several vegan restaurants or the addition of a vegan menu to traditional restaurants.

Tofu Market Trends

This section covers the major market trends shaping the Tofu Market according to our research experts:

Off-Trade is the largest Distribution Channel

  • Sales of tofu through convenience stores worldwide have been growing gradually over time and recorded a Y-o-Y growth of 23.27%, by value, in 2021. The demand for plant-based protein products has increased since the onset of the COVID-19 pandemic. With the disruptions in supply and access to meat products, many people have had to move to soy-based products to meet their protein requirements. The European region holds a major share of 37.34% in the global market, as the vegan population doubled in four years from around 1.3 million in 2016 to 2.6 million in 2020. 
  • The off-trade distribution channel accounted for the major share of 71.29% of the global tofu market in 2021. Due to the lower price of tofu, people prefer it as a more economically feasible option over meat alternatives, which has been driving its sales. For instance, 7-Eleven, one of the major tofu consumers with over 16,000 stores across five Southeast Asian markets, is strengthening sales across the region, while Walmart has also invested a huge amount in Canada to open more stores and smoothen its delivery systems.
  • The online channel segment is projected to be the fastest-growing distribution channel and record a CAGR of 17.59%, by value, during the forecast period 2022-2028. Sales through online channels were bolstered by 90.31% from 2019 to 2020 during the COVID-19 pandemic as retail stores were closed worldwide due to government regulations and people started shopping online due to the ease offered by digital payments, contactless delivery, and the availability of a wide range of products on one single platform at huge discounted prices. Moreover, the internet penetration rate was around 59.5% globally in 2021. 
Tofu Market: Tofu Market, CAGR, %, By Distribution Channel, 2022 - 2028

Europe is the largest Region

  • The region with the highest consumption of tofu in 2021 was Europe. The European tofu market grew by 38.24% from 2016 to 2021, owing to rising flexitarian and vegan populations and various government initiatives to encourage the consumption of meat substitutes. The European Commission set forth its strategies for assisting the European Union in becoming carbon neutral by 2050. The Commission has committed to investing USD 99.2 billion in the green transition between 2021 and 2027 as part of the European Green Deal. The plan aims for financial investments in plant-based and substitute proteins.
  • Asia-Pacific is the fastest-growing region globally for tofu, projected to record a CAGR of 14.37% during the forecast period 2022-2028. The Asian market for tofu is anticipated to increase swiftly due to rising consumer and investor demand. Positive indicators for this trend include the growth of new companies and startups in the region and governments striving to reduce GHG emissions. The Chinese government announced new dietary recommendations in 2016 to reduce meat consumption among its populace by 50%. China's health ministry also advised people to limit their daily meat intake to between 40 g and 75 g. The initiatives have the potential to considerably lower GHG emissions while also improving public health.
  • The North American market is another promising region for the market and is projected to record a CAGR of 10.81% from 2022-2028. In 2020, the Canadian government invested USD 73.2 million in plant-based proteins like tofu. The funding was allocated to Merit Functional Foods, a business specializing in transforming peas and canola from domestic sources into high-quality plant-based proteins like tofu and tempeh.
Tofu Market: Tofu Market, CAGR, %, By Region, 2022 - 2028

Tofu Industry Overview

The Tofu Market is fragmented, with the top five companies occupying 11.56%. The major players in this market are House Foods Group Inc., Kikkoman Corporation, Morinaga Milk Industry Co. Ltd, PSC Corporation Ltd and Vitasoy International Holdings Ltd. (sorted alphabetically).

Tofu Market Leaders

  1. House Foods Group Inc.

  2. Kikkoman Corporation

  3. Morinaga Milk Industry Co. Ltd

  4. PSC Corporation Ltd

  5. Vitasoy International Holdings Ltd.

*Disclaimer: Major Players sorted in no particular order

Tofu Market Concentration

Tofu Market News

  • July 2022: Kikkoman Corporation officially entered the Indian market with the establishment of its subsidiary in Mumbai, Kikkoman India Pvt. Ltd. (KID).
  • April 2022: Cauldron Foods launched two new tofu products: Quick & Tasty Smoky BBQ Block and Hoisin Tofu.
  • March 2022: Morinaga Nutritional Foods launched Mori-Nu Yuzu Flavored Silken Tofu, known for its velvety smooth texture. The product has a firm texture, is versatile, and can be added to desserts or blended for preparation.

Tofu Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  2. 2. KEY INDUSTRY TRENDS

    1. 2.1. Price Trends

    2. 2.2. Regulatory Framework

    3. 2.3. Value Chain & Distribution Channel Analysis

  3. 3. MARKET SEGMENTATION

    1. 3.1. Distribution Channel

      1. 3.1.1. Off-Trade

        1. 3.1.1.1. Convenience Stores

        2. 3.1.1.2. Online Channel

        3. 3.1.1.3. Supermarkets And Hypermarkets

        4. 3.1.1.4. Others

      2. 3.1.2. On-Trade

    2. 3.2. Region

      1. 3.2.1. Africa

        1. 3.2.1.1. By Distribution Channel

        2. 3.2.1.2. By Country

          1. 3.2.1.2.1. Egypt

          2. 3.2.1.2.2. Nigeria

          3. 3.2.1.2.3. South Africa

          4. 3.2.1.2.4. Rest Of Africa

      2. 3.2.2. Asia-Pacific

        1. 3.2.2.1. By Distribution Channel

        2. 3.2.2.2. By Country

          1. 3.2.2.2.1. Australia

          2. 3.2.2.2.2. China

          3. 3.2.2.2.3. India

          4. 3.2.2.2.4. Indonesia

          5. 3.2.2.2.5. Japan

          6. 3.2.2.2.6. Malaysia

          7. 3.2.2.2.7. South Korea

          8. 3.2.2.2.8. Rest Of Asia-Pacific

      3. 3.2.3. Europe

        1. 3.2.3.1. By Distribution Channel

        2. 3.2.3.2. By Country

          1. 3.2.3.2.1. France

          2. 3.2.3.2.2. Germany

          3. 3.2.3.2.3. Italy

          4. 3.2.3.2.4. Netherlands

          5. 3.2.3.2.5. Russia

          6. 3.2.3.2.6. Spain

          7. 3.2.3.2.7. United Kingdom

          8. 3.2.3.2.8. Rest Of Europe

      4. 3.2.4. Middle East

        1. 3.2.4.1. By Distribution Channel

        2. 3.2.4.2. By Country

          1. 3.2.4.2.1. Bahrain

          2. 3.2.4.2.2. Kuwait

          3. 3.2.4.2.3. Oman

          4. 3.2.4.2.4. Qatar

          5. 3.2.4.2.5. Saudi Arabia

          6. 3.2.4.2.6. United Arab Emirates

          7. 3.2.4.2.7. Rest Of Middle East

      5. 3.2.5. North America

        1. 3.2.5.1. By Distribution Channel

        2. 3.2.5.2. By Country

          1. 3.2.5.2.1. Canada

          2. 3.2.5.2.2. Mexico

          3. 3.2.5.2.3. United States

          4. 3.2.5.2.4. Rest Of North America

      6. 3.2.6. South America

        1. 3.2.6.1. By Distribution Channel

        2. 3.2.6.2. By Country

          1. 3.2.6.2.1. Argentina

          2. 3.2.6.2.2. Brazil

          3. 3.2.6.2.3. Rest Of South America

  4. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Eden Foods, Inc.

      2. 4.4.2. House Foods Group Inc.

      3. 4.4.3. Kikkoman Corporation

      4. 4.4.4. Monde Nissin Corporation

      5. 4.4.5. Morinaga Milk Industry Co. Ltd

      6. 4.4.6. PSC Corporation Ltd

      7. 4.4.7. Pulmuone Foods USA Inc.

      8. 4.4.8. Taifun-Tofu GmbH

      9. 4.4.9. The Hain Celestial Group, Inc.

      10. 4.4.10. Tofu Restaurant Co., Ltd.

      11. 4.4.11. Turtle Island Foods Inc.

      12. 4.4.12. Vitasoy International Holdings Ltd.

  5. 5. KEY STRATEGIC QUESTIONS FOR MEAT SUBSTITUTES INDUSTRY CEOS

  6. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. GLOBAL TOFU MARKET, TOFU, PRICE IN USD/METRIC TONNES, 2016 - 2022
  1. Figure 2:  
  2. GLOBAL TOFU MARKET, VOLUME, METRIC TONNES, 2016 - 2028
  1. Figure 3:  
  2. GLOBAL TOFU MARKET, VALUE, USD, 2016 - 2028
  1. Figure 4:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 5:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 6:  
  2. GLOBAL TOFU MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 7:  
  2. GLOBAL TOFU MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 8:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, BY OFF-TRADE, 2016 - 2028
  1. Figure 9:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, BY OFF-TRADE, 2016 - 2028
  1. Figure 10:  
  2. GLOBAL TOFU MARKET, VOLUME SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028
  1. Figure 11:  
  2. GLOBAL TOFU MARKET, VALUE SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028
  1. Figure 12:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, CONVENIENCE STORES, 2016 - 2028
  1. Figure 13:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, CONVENIENCE STORES, 2016 - 2028
  1. Figure 14:  
  2. GLOBAL TOFU MARKET, CONVENIENCE STORES, VALUE SHARE (%), BY REGION, 2021 VS 2028
  1. Figure 15:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, ONLINE CHANNEL, 2016 - 2028
  1. Figure 16:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, ONLINE CHANNEL, 2016 - 2028
  1. Figure 17:  
  2. GLOBAL TOFU MARKET, ONLINE CHANNEL, VALUE SHARE (%), BY REGION, 2021 VS 2028
  1. Figure 18:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028
  1. Figure 19:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028
  1. Figure 20:  
  2. GLOBAL TOFU MARKET, SUPERMARKETS AND HYPERMARKETS, VALUE SHARE (%), BY REGION, 2021 VS 2028
  1. Figure 21:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, OTHERS, 2016 - 2028
  1. Figure 22:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, OTHERS, 2016 - 2028
  1. Figure 23:  
  2. GLOBAL TOFU MARKET, OTHERS, VALUE SHARE (%), BY REGION, 2021 VS 2028
  1. Figure 24:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, ON-TRADE, 2016 - 2028
  1. Figure 25:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, ON-TRADE, 2016 - 2028
  1. Figure 26:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, BY REGION, 2016 - 2028
  1. Figure 27:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, BY REGION, 2016 - 2028
  1. Figure 28:  
  2. GLOBAL TOFU MARKET, VOLUME SHARE (%), BY REGION, 2016 VS 2022 VS 2028
  1. Figure 29:  
  2. GLOBAL TOFU MARKET, VALUE SHARE (%), BY REGION, 2016 VS 2022 VS 2028
  1. Figure 30:  
  2. AFRICA TOFU MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 31:  
  2. AFRICA TOFU MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 32:  
  2. AFRICA TOFU MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 33:  
  2. AFRICA TOFU MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 34:  
  2. AFRICA TOFU MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028
  1. Figure 35:  
  2. AFRICA TOFU MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028
  1. Figure 36:  
  2. AFRICA TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 37:  
  2. AFRICA TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 38:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, EGYPT, 2016 - 2028
  1. Figure 39:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, EGYPT, 2016 - 2028
  1. Figure 40:  
  2. GLOBAL TOFU MARKET, EGYPT, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 41:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, NIGERIA, 2016 - 2028
  1. Figure 42:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, NIGERIA, 2016 - 2028
  1. Figure 43:  
  2. GLOBAL TOFU MARKET, NIGERIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 44:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, SOUTH AFRICA, 2016 - 2028
  1. Figure 45:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, SOUTH AFRICA, 2016 - 2028
  1. Figure 46:  
  2. GLOBAL TOFU MARKET, SOUTH AFRICA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 47:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, REST OF AFRICA, 2016 - 2028
  1. Figure 48:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, REST OF AFRICA, 2016 - 2028
  1. Figure 49:  
  2. GLOBAL TOFU MARKET, REST OF AFRICA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 50:  
  2. ASIA-PACIFIC TOFU MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 51:  
  2. ASIA-PACIFIC TOFU MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 52:  
  2. ASIA-PACIFIC TOFU MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 53:  
  2. ASIA-PACIFIC TOFU MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 54:  
  2. ASIA-PACIFIC TOFU MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028
  1. Figure 55:  
  2. ASIA-PACIFIC TOFU MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028
  1. Figure 56:  
  2. ASIA-PACIFIC TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 57:  
  2. ASIA-PACIFIC TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 58:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, AUSTRALIA, 2016 - 2028
  1. Figure 59:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, AUSTRALIA, 2016 - 2028
  1. Figure 60:  
  2. GLOBAL TOFU MARKET, AUSTRALIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 61:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, CHINA, 2016 - 2028
  1. Figure 62:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, CHINA, 2016 - 2028
  1. Figure 63:  
  2. GLOBAL TOFU MARKET, CHINA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 64:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, INDIA, 2016 - 2028
  1. Figure 65:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, INDIA, 2016 - 2028
  1. Figure 66:  
  2. GLOBAL TOFU MARKET, INDIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 67:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, INDONESIA, 2016 - 2028
  1. Figure 68:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, INDONESIA, 2016 - 2028
  1. Figure 69:  
  2. GLOBAL TOFU MARKET, INDONESIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 70:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, JAPAN, 2016 - 2028
  1. Figure 71:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, JAPAN, 2016 - 2028
  1. Figure 72:  
  2. GLOBAL TOFU MARKET, JAPAN, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 73:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, MALAYSIA, 2016 - 2028
  1. Figure 74:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, MALAYSIA, 2016 - 2028
  1. Figure 75:  
  2. GLOBAL TOFU MARKET, MALAYSIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 76:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, SOUTH KOREA, 2016 - 2028
  1. Figure 77:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, SOUTH KOREA, 2016 - 2028
  1. Figure 78:  
  2. GLOBAL TOFU MARKET, SOUTH KOREA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 79:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, REST OF ASIA-PACIFIC, 2016 - 2028
  1. Figure 80:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, REST OF ASIA-PACIFIC, 2016 - 2028
  1. Figure 81:  
  2. GLOBAL TOFU MARKET, REST OF ASIA-PACIFIC, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 82:  
  2. EUROPE TOFU MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 83:  
  2. EUROPE TOFU MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 84:  
  2. EUROPE TOFU MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 85:  
  2. EUROPE TOFU MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 86:  
  2. EUROPE TOFU MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028
  1. Figure 87:  
  2. EUROPE TOFU MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028
  1. Figure 88:  
  2. EUROPE TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 89:  
  2. EUROPE TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 90:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, FRANCE, 2016 - 2028
  1. Figure 91:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, FRANCE, 2016 - 2028
  1. Figure 92:  
  2. GLOBAL TOFU MARKET, FRANCE, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 93:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, GERMANY, 2016 - 2028
  1. Figure 94:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, GERMANY, 2016 - 2028
  1. Figure 95:  
  2. GLOBAL TOFU MARKET, GERMANY, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 96:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, ITALY, 2016 - 2028
  1. Figure 97:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, ITALY, 2016 - 2028
  1. Figure 98:  
  2. GLOBAL TOFU MARKET, ITALY, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 99:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, NETHERLANDS, 2016 - 2028
  1. Figure 100:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, NETHERLANDS, 2016 - 2028
  1. Figure 101:  
  2. GLOBAL TOFU MARKET, NETHERLANDS, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 102:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, RUSSIA, 2016 - 2028
  1. Figure 103:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, RUSSIA, 2016 - 2028
  1. Figure 104:  
  2. GLOBAL TOFU MARKET, RUSSIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 105:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, SPAIN, 2016 - 2028
  1. Figure 106:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, SPAIN, 2016 - 2028
  1. Figure 107:  
  2. GLOBAL TOFU MARKET, SPAIN, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 108:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, UNITED KINGDOM, 2016 - 2028
  1. Figure 109:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, UNITED KINGDOM, 2016 - 2028
  1. Figure 110:  
  2. GLOBAL TOFU MARKET, UNITED KINGDOM, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 111:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, REST OF EUROPE, 2016 - 2028
  1. Figure 112:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, REST OF EUROPE, 2016 - 2028
  1. Figure 113:  
  2. GLOBAL TOFU MARKET, REST OF EUROPE, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 114:  
  2. MIDDLE EAST TOFU MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 115:  
  2. MIDDLE EAST TOFU MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 116:  
  2. MIDDLE EAST TOFU MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 117:  
  2. MIDDLE EAST TOFU MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 118:  
  2. MIDDLE EAST TOFU MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028
  1. Figure 119:  
  2. MIDDLE EAST TOFU MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028
  1. Figure 120:  
  2. MIDDLE EAST TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 121:  
  2. MIDDLE EAST TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 122:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, BAHRAIN, 2016 - 2028
  1. Figure 123:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, BAHRAIN, 2016 - 2028
  1. Figure 124:  
  2. GLOBAL TOFU MARKET, BAHRAIN, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 125:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, KUWAIT, 2016 - 2028
  1. Figure 126:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, KUWAIT, 2016 - 2028
  1. Figure 127:  
  2. GLOBAL TOFU MARKET, KUWAIT, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 128:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, OMAN, 2016 - 2028
  1. Figure 129:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, OMAN, 2016 - 2028
  1. Figure 130:  
  2. GLOBAL TOFU MARKET, OMAN, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 131:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, QATAR, 2016 - 2028
  1. Figure 132:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, QATAR, 2016 - 2028
  1. Figure 133:  
  2. GLOBAL TOFU MARKET, QATAR, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 134:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, SAUDI ARABIA, 2016 - 2028
  1. Figure 135:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, SAUDI ARABIA, 2016 - 2028
  1. Figure 136:  
  2. GLOBAL TOFU MARKET, SAUDI ARABIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 137:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, UNITED ARAB EMIRATES, 2016 - 2028
  1. Figure 138:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, UNITED ARAB EMIRATES, 2016 - 2028
  1. Figure 139:  
  2. GLOBAL TOFU MARKET, UNITED ARAB EMIRATES, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 140:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, REST OF MIDDLE EAST, 2016 - 2028
  1. Figure 141:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, REST OF MIDDLE EAST, 2016 - 2028
  1. Figure 142:  
  2. GLOBAL TOFU MARKET, REST OF MIDDLE EAST, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 143:  
  2. NORTH AMERICA TOFU MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 144:  
  2. NORTH AMERICA TOFU MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 145:  
  2. NORTH AMERICA TOFU MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 146:  
  2. NORTH AMERICA TOFU MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 147:  
  2. NORTH AMERICA TOFU MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028
  1. Figure 148:  
  2. NORTH AMERICA TOFU MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028
  1. Figure 149:  
  2. NORTH AMERICA TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 150:  
  2. NORTH AMERICA TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 151:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, CANADA, 2016 - 2028
  1. Figure 152:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, CANADA, 2016 - 2028
  1. Figure 153:  
  2. GLOBAL TOFU MARKET, CANADA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 154:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, MEXICO, 2016 - 2028
  1. Figure 155:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, MEXICO, 2016 - 2028
  1. Figure 156:  
  2. GLOBAL TOFU MARKET, MEXICO, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 157:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, UNITED STATES, 2016 - 2028
  1. Figure 158:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, UNITED STATES, 2016 - 2028
  1. Figure 159:  
  2. GLOBAL TOFU MARKET, UNITED STATES, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 160:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, REST OF NORTH AMERICA, 2016 - 2028
  1. Figure 161:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, REST OF NORTH AMERICA, 2016 - 2028
  1. Figure 162:  
  2. GLOBAL TOFU MARKET, REST OF NORTH AMERICA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 163:  
  2. SOUTH AMERICA TOFU MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 164:  
  2. SOUTH AMERICA TOFU MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 165:  
  2. SOUTH AMERICA TOFU MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 166:  
  2. SOUTH AMERICA TOFU MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 167:  
  2. SOUTH AMERICA TOFU MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028
  1. Figure 168:  
  2. SOUTH AMERICA TOFU MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028
  1. Figure 169:  
  2. SOUTH AMERICA TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 170:  
  2. SOUTH AMERICA TOFU MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028
  1. Figure 171:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, ARGENTINA, 2016 - 2028
  1. Figure 172:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, ARGENTINA, 2016 - 2028
  1. Figure 173:  
  2. GLOBAL TOFU MARKET, ARGENTINA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 174:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, BRAZIL, 2016 - 2028
  1. Figure 175:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, BRAZIL, 2016 - 2028
  1. Figure 176:  
  2. GLOBAL TOFU MARKET, BRAZIL, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 177:  
  2. GLOBAL TOFU MARKET, VOLUME IN METRIC TONNES, REST OF SOUTH AMERICA, 2016 - 2028
  1. Figure 178:  
  2. GLOBAL TOFU MARKET, VALUE IN USD, REST OF SOUTH AMERICA, 2016 - 2028
  1. Figure 179:  
  2. GLOBAL TOFU MARKET, REST OF SOUTH AMERICA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028
  1. Figure 180:  
  2. GLOBAL TOFU MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017 - 2022
  1. Figure 181:  
  2. GLOBAL TOFU MARKET, TOTAL NUMBER OF STRATEGIC MOVES, 2017 - 2022
  1. Figure 182:  
  2. GLOBAL TOFU MARKET SHARE(%), BY KEY PLAYERS, 2021

Tofu Industry Segmentation

Off-Trade, On-Trade are covered as segments by Distribution Channel. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
Distribution Channel
Off-Trade
Convenience Stores
Online Channel
Supermarkets And Hypermarkets
Others
On-Trade
Region
Africa
By Distribution Channel
By Country
Egypt
Nigeria
South Africa
Rest Of Africa
Asia-Pacific
By Distribution Channel
By Country
Australia
China
India
Indonesia
Japan
Malaysia
South Korea
Rest Of Asia-Pacific
Europe
By Distribution Channel
By Country
France
Germany
Italy
Netherlands
Russia
Spain
United Kingdom
Rest Of Europe
Middle East
By Distribution Channel
By Country
Bahrain
Kuwait
Oman
Qatar
Saudi Arabia
United Arab Emirates
Rest Of Middle East
North America
By Distribution Channel
By Country
Canada
Mexico
United States
Rest Of North America
South America
By Distribution Channel
By Country
Argentina
Brazil
Rest Of South America

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Market Definition

  • Meat Substitutes - It is a food product made from vegetarian or vegan ingredients, eaten as a replacement for meat. Meat substitutes typically approximate qualities of specific types of meat, such as mouthfeel, flavor, appearance, or chemical characteristics.​
  • Tempeh - It is a high protein Asian food prepared by fermenting soybeans with a Rhizopus.​
  • Textured Vegetable Protein - Food items made from consumable protein sources like soybean, pea, wheat, hemp, etc., are known as textured vegetable proteins. Each unit will withstand hydration during cooking and other processes used in preparing the food for consumption because it has structural integrity and a distinguishable texture.​
  • Tofu - Tofu is a soft food product prepared by treating soybean milk with coagulants.​

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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Tofu Market Research FAQs

The Tofu Market size accounted for USD 1.37 billion in 2022 and grow at a CAGR of 11.65% to reach USD 2.61 billion by 2028.

In 2022, the Tofu Market size accounted for USD 1.37 billion.

House Foods Group Inc., Kikkoman Corporation, Morinaga Milk Industry Co. Ltd, PSC Corporation Ltd and Vitasoy International Holdings Ltd. are the major companies operating in the Tofu Market.

In the Tofu Market, the Off-Trade segment accounts for the largest share by distribution channel.

In 2023, Europe accounts for the largest share by region in the Tofu Market.

Tofu Industry Report

Statistics for the 2023 Tofu market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Tofu analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Tofu Market Report Snapshots