Asia Pacific Tempeh Market Size & Outlook, 2023-2030
The tempeh market in Asia Pacific is expected to reach a projected revenue of US$ 2,545.8 million by 2030. A compound annual growth rate of 6.6% is expected of Asia Pacific tempeh market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,629.3
Forecast, 2030 (US$M)
$2,545.8
CAGR, 2024 - 2030
6.6%
Report Coverage
Asia Pacific
Asia Pacific Tempeh Market, 2018-2030 (US$M)
Asia Pacific tempeh market highlights
- An overview of the Asia Pacific tempeh market trends heading towards 2030. The Asia Pacific market generated a revenue of USD 1,629.3 million in 2023.
- The overall growth of the Asia Pacific market from 2023 to 2030. The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- A look at the Asia Pacific market revenues per segment in 2023. In terms of segment, frozen was the largest revenue generating type 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.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,629.3 million |
| Market revenue in 2030 | USD 2,545.8 million |
| Growth rate | 6.6% (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 |
| Key market players worldwide | Tootie's Tempeh, Nutrisoy, Plant Power Fast Food, Maple Leaf Foods Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 31.5% of the global tempeh market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,545.8 million by 2030.
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Publish Date: Jul 29, 2024
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Tempeh Market Scope
Tempeh Market segmentation & scope
Source
Soya Beans
Muti-grain
Others
Distribution Channel
Food service
Retail
Tempeh Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Maple Leaf Foods Inc | View profile | 13,500 | 6985 Financial Drive, Corporate Secretary'S Department, Mississauga, ON, Canada, L5N 0A1 | www.mapleleaffoods.com |
| Plant Power Fast Food | View profile | 51-100 | San Diego, California, United States, North America | plantpowerfastfood.com |
| Tootie's Tempeh | View profile | 1-10 | Biddeford, Maine, United States, North America | tootiestempeh.com |
| Nutrisoy | View profile | 51-100 | Banksmeadow, New South Wales, Australia, Oceania | www.nutrisoy.com.au |
Asia Pacific Tempeh Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Tempeh Market Outlook will help companies and investors design strategic landscapes.
Frozen was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the Asia Pacific tempeh market based on frozen covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Tempeh Market Type Outlook (Revenue, USD Million , 2018-2030)
- Frozen
- Fresh
- Ready-toeat
- Asia Pacific Tempeh Market Source Outlook (Revenue, USD Million , 2018-2030)
- Soya Beans
- Muti-grain
- Others
- Asia Pacific Tempeh Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Food service
- Retail
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Tempeh Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Tempeh Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.