Tempeh Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Organic, Conventional); Product (Fresh, Frozen, Ready-to-Eat); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retails, Others) and Geography
Report Code: TIPRE00007658
| No. of Pages: 150
| Category: Food and Beverages
| Status: Upcoming
Tempeh is the most nutritious food made by a natural fermentation process of beans. The beans are broken down into an easily digested food that has meaty texture and a slightly mushroom-nutty flavor throughout the fermenting process. It is mainly prepared from soybean. Tempeh is a great source of protein. It is a suitable choice for vegans, vegetarians and the health conscious as a meat replacement.
The "Global Tempeh Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tempeh market with detailed market segmentation by category, product, distribution channel, and geography. The report provides key statistics on the market status of the tempeh market players and offers key trends and opportunities in the market.
Based on category, the global tempeh market is segmented into organic and conventional
Based on product, the global tempeh market is segmented into fresh, frozen, and ready-to-eat
Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retails, and others
MARKET DYNAMICS Drivers:
The growing demand for plant-based food products and a significant shift of consumers towards a vegan diet are the major drivers for the growth of the market.
The rising preferences towards ready to eat food items further fuels the market growth.
However, the availability of substitute products is likely to hamper the growth of the tempeh market.
Get more information on this report :
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The tempeh market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tempeh in these regions.
IMPACT OF COVID-19 ON TEMPEH MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Get more information on this report :
The report covers key developments in the tempeh market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tempeh market are anticipated to lucrative growth opportunities in the future with the rising demand for tempeh in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tempeh market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Henry's Tempeh Inc.
Lightlife Foods, Inc
Mighty Bean Tempeh
Nutrisoy Pty Ltd
TEMPEA NATURAL FOODS
Table Under a Tree
SBC Tempeh Manufacturers
Tofu Nagel Manufaktur Christian Nagel GmbH
RHAPSODY NATURAL FOODS
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.