Press release
Tofu Market 2018 Rising Trends and Growing Demands in Food Industry to 2021
Industry DataAnalytics analysts forecast the global Tofu market to grow at a CAGR of 4.02% during the period 2017-2021
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. 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.
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Essential points covered in Global Tofu Market 2018 Research are:-
•What will the market size and the growth rate be in 2021?
•What are the key factors driving the Global Tofu market?
•What are the key market trends impacting the growth of the Global Tofu market?
•What are the challenges to market growth?
•Who are the key vendors in the Global Tofu market?
•What are the market opportunities and threats faced by the vendors in the Global Tofu market?
•What are the key outcomes of the five forces analysis of the Global Tofu market
This independent 70 pages report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Tofu market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
Furthermore, the report provides a detailed analysis of the Global Tofu market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
The market is divided into the following segments based on geography: APAC, Europe, North America, ROW
Companies Mentioned are: 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.
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IndustryDataAnalytics Announces the Publication of its Research Report: Global Tofu Market 2018-2021
Commenting on the report, an analyst from IndustryDataAnalytics 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.
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
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.
Browse Full Report at:
https://www.industrydataanalytics.com/global-tofu-market-2017-to-2021-tech01882-p.php
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Industrydataanalytics provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. Industrydataanalytics has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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