Tempeh Market Trajectory & Analytics Report
Demand for meat analogs that taste and appear exactly like meat is increasing amongst consumers who have aggressively reduced meat consumption in their diets. Almost 16% of the global population consumes soybean, while many are also focusing on habituating the consumption of mostly plant-based foods. Over the last few years, tofu manufacturers have increased their production by 10% . Besides, tofu is also the most similar analog for a meat substitute, and consequently, other soyfood products such as tempeh are also gaining popularity. Soy food products such as tempeh and tofu also offer an economic benefit, right from the agricultural to the commercial class. Tempeh meets at the nexus of many converging trends, such as the demand for ethically-sourced, traditional, probiotic, and savory food. Asia Pacific is the leading market in terms of probiotic product launches, mainly driven by countries such as China, South Korea, and Australia. The tempeh market is also expected to witness