Global Tempeh Market Size & Outlook, 2023-2030
The global tempeh market size was estimated at USD 5,172.4 million in 2023 and is projected to reach USD 7,679.7 million by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
Revenue, 2023 (US$M)
$5,172.4
Forecast, 2030 (US$M)
$7,679.7
CAGR, 2024 - 2030
5.8%
Report Coverage
Worldwide
Global tempeh market, 2018-2030 (US$M)
Global tempeh market highlights
- An overview of the global tempeh market trends heading towards 2030. The global market generated a revenue of USD 5,172.4 million in 2023 and is expected to reach USD 7,679.7 million by 2030.
- The overall growth of the global market from 2023 to 2030. The market is expected to grow at a CAGR (2024 - 2030) of 5.8% to attain a revenue of USD 7,679.7 million by 2030.
- A look at the global market revenues per segment in 2023. In terms of segment, frozen accounted for a revenue of USD 5,172.4 million in 2023.
- The segment witnessing the fastest revenue growth within the market. Frozen is the most lucrative type segment registering the fastest growth during the forecast period.
- An overview of global market per region and country. In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 5,172.4 million |
| Market revenue in 2030 | USD 7,679.7 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Frozen |
| Fastest growing segment | Frozen |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frozen |
Other key industry trends
- In terms of revenue, the North America accounted for 19.4% of the global tempeh market in 2023.
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Tempeh Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nutrisoy | View profile | 51-100 | Banksmeadow, New South Wales, Australia, Oceania | https://www.nutrisoy.com.au |
| Tootie's Tempeh | View profile | 1-10 | Biddeford, Maine, United States, North America | https://tootiestempeh.com |
| Plant Power Fast Food | View profile | 51-100 | San Diego, California, United States, North America | https://plantpowerfastfood.com |
| Maple Leaf Foods Inc | View profile | 13500 | 6985 Financial Drive, Corporate Secretary'S Department, Mississauga, ON, Canada, L5N 0A1 | https://www.mapleleaffoods.com |
Global tempeh market size, by regions, 2018-2030 (US$M)
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