Press release
Global Tempeh Market: Growth, Demand, Size And Share And Forecast To 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Tempeh Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $7.96 billion In 2028 At A CAGR Of 8.7% :
The tempeh market size has grown strongly in recent years. It will grow from $5.29 billion in 2023 to $5.71 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to rising plant-based diets, growing health consciousness, vegetarian and vegan trends, culinary diversity, sustainable and ethical consumption.
The tempeh market size is expected to see strong growth in the next few years. It will grow to $7.96 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to continued plant-based movement, global cuisine integration, health and wellness trends, innovative product offerings, retail expansion. Major trends in the forecast period include marketing of tempeh as a nutrient-dense superfood, collaborations and partnerships for tempeh product innovation, introduction of convenient and ready-to-eat tempeh products, focus on sustainable and non-GMO tempeh production, incorporation of tempeh in vegan and plant-based diets.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=5499&type=smp
Tempeh Market Major Segments
The tempeh market covered in this report is segmented -
1) By Product Type: Frozen, Fresh and Ready-to-eat
2) By Nature: Organic and Conventional
3) By Flavor: Plain, Herbs & Spice
4) By Source: Soybean, Multigrain, Other Sources
5) By Distribution Channel: Hypermarket, Specialty Retail, Convenience Stores, Traditional Groceries and Online Retailers
Key Driver - Surging Popularity Of Vegan Diets Drives Growth In The Tempeh Market
The increasing popularity and demand for the vegan diet is expected to drive the growth of the tempeh market in the coming years. A vegan diet excludes animal products such as fish, dairy, meat and eggs. Vegan and flexitarian diets are becoming more popular as the plant-based business has developed and people becoming more conscious of the difficulties surrounding meat production. People who prefer a vegan diet are increasingly turning to meat substitutes including tempeh, which contain high levels of calcium and protein. For instance, according to the Vegan and Plant-Based Diet Statistics report for 2021, more than 500,000 people signed up for Vegan in 2021, a 25% increase over the previous year. Therefore, the increasing popularity and demand for the vegan diet propels the growth of the tempeh market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=5499&type=smp
Prominent Trend - Tempeh Market Embraces Collaborations And Partnerships For Sustainable Expansion
Collaborations and partnerships have emerged as a key trend in the tempeh market. Major companies operating in the tempeh sector are focused on collaborations and partnerships to enhance their market share and meet the customer demand. For instance, in September 2023, Tempeh Today, a Netherlands-based manufacturing company of tempeh, announced a partnership with Marel India Pvt. Ltd., an India-based food processing company, to increase tempeh production and strive to provide a sustainable protein option in India. The partnership with Marel represents a vital progression in implementing this concept. Tempeh Today is excited about Marel's support for this initiative and eagerly anticipates our upcoming collaboration. The firms inked a memorandum of understanding to construct 20 units with Tempeh Today's standardized manufacturing processes, assistance, and quality monitoring to sell the goods locally and nationally. Marel India will offer equipment, maintenance, and operator training programs for SFUs. Alongside the standard units, CFSS has introduced the concept of micro fermentation units (MFU) to empower economically vulnerable families to generate income. CFSS will deliver essential training, equipment, and raw materials for this initiative.
Tempeh Market Players
Major companies operating in the tempeh market report are The Nisshin OilliO Group Ltd., Maple Leaf Foods Inc., Vegolution India Private Limited, MGP Ingredients Inc., AMY's Kitchen Inc., Morningstar Farms LLC, Plant Power Foods Ltd., Lightlife Foods Inc., Noble Bean Inc., Hello Tempayy, Totally Tempeh Inc., Nutrisoy Pty. Ltd., Mighty Bean Tempeh LLC, Margaret River Tempeh Company, Turtle Island Foods lnc., PRIMASOY Organic Tempeh, Gwen Tempeh, Natural Oriental Fresh Foods BV, Alive & Healing Inc., Henry's Tempeh, Squirrel & Crow Soy-Free Tempeh, Tootie's Tempeh, Tempeh Tantrum, The Hearty Vegan, SBC Tempeh Manufacturers, Future Food Group (FFG B.V), Tempeh Meades Ltd., Meatless LLC, VBites Foods Limited, Garden Protein International, Byron Bay Tempeh Company
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/tempeh-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the tempeh market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the tempeh market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Tempeh Market Report Structure
3. Tempeh Market Trends And Strategies
4. Tempeh Market - Macro Economic Scenario
5. Tempeh Market Size And Growth
…..
27. Tempeh Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Tempeh Market: Growth, Demand, Size And Share And Forecast To 2033 here
News-ID: 3518329 • Views: …
More Releases from The Business research company

Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…

Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…

Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…

Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Tempeh
Tempeh Market Size, Analysis, Forecast to 2026 | Key Players – Nutrisoy Pty Lt …
Tempeh Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The tempeh market research report helps gain a truly global perspective of the tempeh industry as it…
Global Tempeh Market 2021 Globally Expected to Drive Growth through 2027 |Oregon …
The report also emphasizes factors influencing market growth, future business opportunities, challenges, scope, demand and supply analysis, technological advancement, and innovations on the market. The report also includes an analysis of the financial restraining factors, restraints, and obstacles in the market.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-tempeh-market
Tempeh market is expected to reach USD 133 Million by 2027 growing at a growth rate…
Tempeh Market Rising COVID-19 Trends Forecast to 2027 | Oregon Tilth, Nutrisoy P …
Rapid urbanization across the globe, rising growth of meat industry, rising applications from developing and developed economies, prevalence of improved distribution channel which will likely to enhance the growth of the tempeh market in the forecast period of 2020-2027. On the other hand, rising preferences towards ready to eat food along with busy lifestyle and increasing number of working population which will further bring various opportunities for the growth of…
Global Tempeh Market 2018 | Global Key Players: Turtle Island Foods, Inc., Nutri …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Market Study on Tempeh” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
To Get Sample Report, Click here @ https://www.mrrse.com/sample/16821
Market Research Report Search Engine…
Global Tempeh Market 2026 | Industry Leading Players - Turtle Island Foods, Inc. …
Growing awareness regarding health issues associated with the consumption of red meat, and rising preference for nutritious foods is expected to drive the demand for tempeh among other meat alternatives for the foreseeable future. Revenues that arise from the tempeh market are expected to grow at a modest CAGR of 6.1% through 2026. These insights have been taken from the report titled “Global Market Study on Tempeh: Versatility and Perceived Health…
Tempeh Market Analysis 2026| Turtle Island Foods Inc., Nutrisoy Pty Ltd, Totally …
MRRSE offers an eight-year forecast for the global tempeh market between 2018 and 2026. The report also includes macroeconomic indicators along with an outlook on tempeh for the global market. The study demonstrates in-depth analysis of the key market dynamics, which are expected to influence the market performance in the long run. The report also comprises the study of current issues with consumers and opportunities for tempeh products. The report…