DUBLIN--(BUSINESS WIRE)--The "Global Tofu Market - Growth, Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.
The global tofu market is forecast to grow at a CAGR of 3.8% during the forecast period.
Several companies are developing a range of meat-free protein products, often called'synthetic meats' or'alternative meats'. For instance, a plant-based condiment manufacturing company, Hampton Creek, is developing a technology to produce lab-made meat referred as clean meat. With the launch of this product, the market for tofu is expected to witness high competition and growth.
An increased number of people are shifting towards vegan diets and tofu is an excellent substitute for meat products. There is a rising health concern among individuals, as a result, consumers are increasingly attracted towards tofu that is gluten-free, cholesterol-free and an excellent source of protein. As the price associated with soy products is lower than milk products, the preparation price for tofu is increasing, which is boosting the market growth for tofu.
Although tofu has rich calcium content, owing to several artificially-added coagulants such as calcium sulphate, it lacks naturally present calcium, as a result, people are reluctant towards its use and consumption. Another major restraint is the high perishability rate of tofu and tofu-based products.
Companies Mentioned
- Hain Celestia
- House Foods Group
- Hugli Holding Company
- Pulmuone
- Vitasoy
- The Nisshin Oillio
- San Jose Tofu
- Tofurky
- Eden Foods
- Morinaga
- Kikkoman
- Amy's Kitchen
Key Topics Covered:
1. Introduction
2. Research Approach And Methodology
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/q4qgnj/global_tofu
