What is the size of Tofu Market?
According to 6Wresearch internal database and industry insights, the
Global Tofu Market was valued at USD 23.1 Billion in 2024 and is expected to reach USD 31.4 Billion by 2031, growing at a compound annual growth rate of 4.80% during the forecast period (2025-2031).
The primary drivers of this growth are consumers becoming more health-conscious, greater acceptance of plant-based vegan dietary preferences, raising demand for protein substitutes for meat products, expanding foodservice of retail channel distribution networks, and constant innovation of plant-based tofu products.
Growth Factors for Tofu Industry
- Increasing consumer preference for plant-based protein over animal protein food products.
- The rise in consumers suffering from lifestyle diseases is increasing the demand for healthier food products for consumers to eat.
- A rise in the number of flexitarians, vegans, and vegetarians exploring sustainable protein sources.
- The increasing number of supermarkets and hypermarkets continues to grow, increasing the distribution of food retail availability for consumers.
- Product innovation with different textures, flavours, and ready-to-cook or ready-to-eat tofu.
Tofu Market Trends
The Tofu Market trends indicate several shifts moving the industry forward as we move over the upcoming years. Several of the trends include more consumers are interested in organic and non-GMO tofu, flavoured and seasoned tofu, and consumers are discovering convenient packages of ready-to-eat or cook tofu items. Consumers and manufacturers are caring more about sustainable and minimal product packaging. Food retail channels such as e-commerce are gaining share through promotions with social media influencers to increase and gain preferences with health-conscious buyers.
Emerging Developments in the Tofu Market
The Tofu Market developments include increased adoption of fortified tofu products enriched with vitamins, minerals or probiotics meeting nutritional demands. Producers are launching soft, firm, and extra-firm varieties with improved texture and taste. Innovation around flavored tofu (smoked, marinated), as well as ready-to-cook or ready-to-eat formats, are increasing. Brands are investing in antimicrobial and sustainable packaging solutions to extend shelf life and reduce waste.
List of Leading Companies in the Tofu Market
Some of the leading companies include:
- Pulmuone Co., Ltd
- House Foods Group Inc.
- Tofurky
- Amy’s Kitchen
- Vitasoy International Holdings
- Eden Foods Inc.
- Morinaga & Company
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