Tempeh - Global Strategic Business Report

The global market for Tempeh was estimated at US$4.7 Billion in 2024 and is projected to reach US$6.3 Billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Tempeh market.

Global Tempeh Market - Key Trends and Drivers Summarized

What Is Tempeh and Why Is It Gaining Popularity?

Tempeh is a traditional fermented soy product originating from Indonesia, known for its high protein content and firm texture, making it an increasingly popular meat substitute in plant-based diets. Unlike other soy products such as tofu, tempeh is made by fermenting whole soybeans, resulting in a product that retains more fiber, vitamins, and minerals. Its dense, chewy texture and nutty flavor make it a versatile ingredient in a variety of dishes, ranging from salads and stir-fries to burgers and sandwiches. As consumer interest in plant-based proteins grows, tempeh has become a key product in the global plant-based food market, appealing to vegans, vegetarians, and flexitarians alike.

How Is Tempeh Being Used Across Different Food Markets?

Tempeh is widely used in both retail and foodservice markets, particularly in health-conscious and environmentally-conscious sectors. In retail, tempeh is available in grocery stores and health food shops, often marketed as an organic, non-GMO, or gluten-free product. It is commonly used as a meat substitute in dishes such as tacos, wraps, and plant-based burgers. In the foodservice industry, tempeh is gaining traction in restaurants and cafes that specialize in vegetarian, vegan, or farm-to-table cuisines. Additionally, with the rise of plant-based meal delivery services, tempeh is being featured in a growing number of ready-to-eat and meal-kit options, providing consumers with convenient, protein-rich alternatives to traditional meat-based meals.

What Are the Key Segments Driving Growth in the Tempeh Market?

Product types include plain tempeh, flavored tempeh, and tempeh-based ready-to-eat meals. Flavored tempeh, such as BBQ or curry varieties, is becoming increasingly popular as manufacturers seek to cater to diverse taste preferences. Distribution channels include supermarkets, health food stores, online retail, and foodservice outlets. Supermarkets and health food stores dominate the retail space, while online retail is growing rapidly, driven by the rise of plant-based meal kits and health-conscious consumers seeking convenience. The foodservice sector, especially restaurants and cafes specializing in vegetarian and vegan cuisine, is also a growing segment as more consumers seek out plant-based options in their dining experiences. Geographically, North America and Europe are the largest markets for tempeh, driven by the growing popularity of plant-based diets, while the Asia-Pacific region, particularly Indonesia, remains a key production and consumption hub for traditional tempeh.

The Growth in the Tempeh Market Is Driven by Several Factors

The growth in the tempeh market is driven by several factors, including the increasing consumer demand for plant-based proteins, the rising awareness of the health benefits of fermented foods, and the expanding trend of vegan and vegetarian diets. As more consumers adopt flexitarian lifestyles, tempeh is gaining attention as a versatile, nutrient-rich meat substitute that appeals to both health-conscious individuals and those seeking sustainable food choices. Innovations in tempeh flavors and product formats are helping to attract a broader consumer base, while the availability of organic, non-GMO, and gluten-free options is further fueling demand. Additionally, the growth of e-commerce and online food delivery services is making tempeh more accessible to consumers, contributing to its increasing presence in everyday diets. As sustainability and wellness continue to drive consumer choices, the tempeh market is expected to see sustained growth globally.

SCOPE OF STUDY:

The report analyzes the Tempeh market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Product Type (Frozen, Fresh, Ready-to-eat)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Frozen segment, which is expected to reach US$4.6 Billion by 2030 with a CAGR of a 5.4%. The Fresh segment is also set to grow at 4.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $1.2 Billion in 2024, and China, forecasted to grow at an impressive 7.7% CAGR to reach $1.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Tempeh Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Tempeh Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Tempeh Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Alive & Healing Inc., Byron Bay Tempeh, Future Food, Gwen Tempeh, Henry's Tempeh Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 23 companies featured in this Tempeh market report include:

• Alive & Healing Inc.
• Byron Bay Tempeh
• Future Food
• Gwen Tempeh
• Henry's Tempeh Inc.
• Impulse
• Lalibela Farm
• Lightlife Foods, Inc.
• Margaret River Tempeh
• Mighty Bean Tempeh Sunshine Coast
• Natural Oriental Fresh Foods BV
• Nutrisoy Pty Ltd.
• Organic Village Food
• Rhapsody Natural Foods
• SBC Tempeh Manufacturers
• Schouten Europe B.V.
• Tempea Natural Foods Ltd.
• Tempeh Temple
• The Tofurky Company
• TOFU Manufaktur Christian Nagel GmbH
• Totally Tempeh

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.