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Tofu has emerged as outstanding source of rangeof micronutrients and has emerged as versatile ingredients. Notably, tofu hasbeen source of all the nine amino acids essential for the growth of humans.Various recipes have come to the fore aiming at changing texture, such as inThai and Chinese cookery, has helped in the evolution of the tofu market. Inaddition, it is offering a range of consistency to tofu market. Growingpopularity of soya-rich foods especially among women is bolstering prospects.Growing shift in the acceptance of vegan food has helped augment the prospectof tofu as a protein-rich food. The trend of premiumization has helped drivefor gluten-free and low carb diets has augmented the demand for organic tofu,and has opened a new avenue in the tofu market. Growing incidence ofceliac disease has further reinforced interest in gluten-free food. Growingfocus on the growing role of nutritional interventions in managing cancer invarious countries has propelled the demand for gluten-free food.
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In the recent years, developing economies especially in AsiaPacific have presented substantial prospect to tofu manufacturers. This is inparticular driven by increasing shelf life of tofu products, fueling its demandin hypermarkets and supermarkets. These retail chains have benefitted fromadvances in packaging for tofu. Strides in antimicrobial packaging have helpedunderpinned from the growing prospects in the tofu market. The lower pricingand aggressive promotional activities have also bolstered the demand for tofuproducts in offline distribution channels, including in hypermarkets. In thesame vein, growing penetration of e-commerce for groceries especially in middleclass populations is strengthening lucrative opportunities in the tofu market.Geographically, this implies that countries with higher middle-income agecohorts are contributing considerable opportunities to tofu manufacturers andpackaging companies.
Tofu is made by coagulating soy drain and after that squeezingthe subsequent curds into delicate white pieces. Tofu can be delicate,luxurious, firm and additional firm. It has an unpretentious flavor and can beutilized as a part of sweet and appetizing dishes. Tofu is normallywithout gluten and low-calorie nourishment. It contains no cholesterol and is afantastic wellspring of protein. It has large amount of proteins and lowcalorie content. It is also highly potent in iron as well as magnesium orcalcium or any other coagulant that are used in the manufacturing of tofu suchas calcium sulfate, calcium chloride and magnesium sulfite among others). Theglobal tofu market is segregated on the basis of type and region. Based ontype, the global tofu market is segregated into processed and unprocessed tofu.Processed tofu is further sub-divided into fermented, dried tofu, fried andfrozen tofu. Unprocessed tofu is further sub-divided into extra soft tofu, softor silken tofu, firm tofu and extra firm tofu. Processed tofu held majoritymarket share in 2016 and is anticipated to hold its position throughout theforecast period. This is attributed to its longer shelf-life and higherpreservation capacity. Unprocessed tofu is anticipated to witness the mostrapid growth rate during the forecast period of 2017-2025. This is attributedto rise in demand for natural products without preservatives.
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The rising embracing of the vegetable lover way of life will beone of the essential drivers for the global tofu market. Individuals areprogressively accepting vegetable diets and eats less carbs because of thedeveloping worry towards animal rights entitlement and for a superiorenvironment. Tofu has progressively picked up acknowledgment throughout theyears especially as a veggie lover and vegetarian affirmed wellspring ofprotein. Additionally, individuals are likewise adopting vegetable diets sincemeat-based sustenance pose critical dangers by expanding the danger of growthand the mindfulness towards the harms to kidney because of the utilization ofoverabundance of protein. This will drive the market of tofu since vegetablelovers eat less carbs and will progressively incline toward plant-based proteinoptions, for example, tofu. The introduction of new products by tofu producerswill be one of the real patterns that will drive the tofu market's developmentamid the following couple of years. Due to their utilitarian points ofinterest, the current years saw a critical increment in the interest forsoy-based products, for example, tofu. To attract consumers who are healthconscious, tofu manufacturing organizations are presenting a few tofu items.High perishability is a major restraint to the global tofu market. Emergingnations of Middle East and Africa has huge opportunities to the global tofumarket.
Geographically, the global tofu market is segregated into NorthAmerica, Europe, Asia Pacific, Middle East & Africa and Latin America. AsiaPacific held the most dominant market share in 2016 and is anticipated to holdits position throughout the forecast period. Countries such as Japan, China,South Korea, the Philippines, Vietnam, Indonesia and Thailand will be the majorrevenue generating countries to the tofu market in this region. North Americais anticipated to witness the most rapid growth rate during the forecast period2017-2025. This is attributed to increasing awareness among consumers about thebenefits of tofu and increasing health consciousness among consumers.
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Major players of the global tofu market include The HainCelestial Group (New York, U.S.), House Foods Group (Osaka, Japan), HuegliHolding (Steinach, Switzerland), Morinaga & Company (Tokyo, Japan),Pulmuone Co., Ltd. (Seoul, South Korea), Vitasoy International Holdings Limited(Tuen Mun, Hong Kong), Amy's Kitchen (California, U.S.), Eden Foods, Inc.(Michigan, U.S.), Kikkoman Corporation (Chiba Perfecture, Japan), The NisshinOillio Group, Ltd. (Tokyo, Japan) and Turtle Island Foods (Oregon, U.S.) amongothers.
The report offers a comprehensive evaluation of the market. Itdoes so via in-depth qualitative insights, historical data, and verifiableprojections about market size. The projections featured in the report have beenderived using proven research methodologies and assumptions. By doing so, theresearch report serves as a repository of analysis and information for everyfacet of the market, including but not limited to: Regional markets,technology, types, and applications.
The study is a source of reliable data on:
· Market segments andsub-segments
· Market trends anddynamics
· Supply and demand
· Market size
· Currenttrends/opportunities/challenges
· Competitive landscape
· Technologicalbreakthroughs
· Value chain andstakeholder analysis
The regional analysis covers:
· North America (U.S.and Canada)
· Latin America (Mexico,Brazil, Peru, Chile, and others)
· Western Europe(Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands,and Luxembourg)
· Eastern Europe (Polandand Russia)
· Asia Pacific (China,India, Japan, ASEAN, Australia, and New Zealand)
· Middle East and Africa(GCC, Southern Africa, and North Africa)