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Tofu Market Size, Share & Trends Analysis Report By Product (Processed, Unprocessed), By Distribution Channel (Supermarkets & Hypermarkets, Grocery Stores, Online) By Region, And Segment Forecasts, 2025 - 2030

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  • 90 Pages
  • November 2024
  • Region: Global
  • Grand View Research
  • ID: 6032446
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Description Jump to:
The global tofu market size is estimated to reach USD 3.85 billion by 2030, registering to grow at a CAGR of 3.3% from 2025 to 2030 . Rising adoption of vegan diet owing to awareness regarding the advantages of plant-based foods among consumers from developed economies including U.S. and Germany is expected to remain a key growth driver. Furthermore, increasing number of people suffering from lactose intolerance and glutamic disorders is projected to play a key role in increasing the importance of dairy alternatives including tofu.

Tofu products are consumed as functional foods as they contain isoflavones which help lower the risk of breast cancer and cardiovascular diseases. Furthermore, the product is a rich source of iron, calcium, phosphorous, zinc, sodium, potassium, and magnesium among others. Therefore, tofu is expected to gain market penetration among health conscious consumers including gym and sports enthusiasts.

The supermarkets & hypermarkets segment dominated the global tofu market in 2024, these channels allow consumers to choose the products type and quantity as per their requirements. Due to less operating and selling overheads, the buyers benefit on account of less prices. Majority of supermarkets also provide quality assurance in terms of the choice of physical verification of the product before making the purchase decision. The convenience of buying due to the availability of a large number of products at a single selling platform attracts buyers to opt for these channels.

Online distribution channel is expected to be the fastest growing category on account of rising consumer preference due to the ease of product comparison and doorstep delivery service. Some of the key online retailers of operating in the tofu market include Amazon, AliExpress, and Grofers among others.

In 2024, Asia Pacific held the leading market share of 55.9%. Growing awareness regarding healthy products among consumers from developing countries such as China and India is expected to boost the market growth. Japan is one of the largest tofu consumers in the region. Over the past few years, some of the manufacturers from North America and Europe have started their strategic business units in Japan to tap increased buyers base.

Key market participants include Invigorate Foods; Hugli Holding Company; Hain Celestial; Pulmuone Co., Ltd; House Foods Group Inc.; San Jose Tofu; Tofurky; The Nisshin Oillio Group, Ltd.; and Eden Foods. Companies are adopting mergers and acquisitions strategy to expand their market share. For instance, in January 2018, Keystone Natural Holdings LLC acquired Canada based Superior Tofu Ltd.

Tofu Market Report Highlights

  • The processed segment accounted for the largest share of 72.9% in 2024. This segment includes tofu products that have undergone various processing methods to enhance their flavor, texture, and shelf life.
  • The supermarkets & hypermarkets segment dominated the global tofu market in 2024, driven by the widespread availability and variety of tofu products in these large retail spaces.
  • The Asia Pacific power rental systems market dominated the global market and accounted for 38.5% in 2024 attributed to rapid industrialization and urbanization across the region.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Tofu Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Tofu Market: Product Estimates & Trend Analysis
5.1. Tofu Market, By Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
5.3.1. Processed
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Unprocessed
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Tofu Market: Distribution Channel Estimates & Trend Analysis
6.1. Tofu Market, By Distribution Channel: Key Takeaways
6.2. Distribution channel Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Million)
6.3.1. Supermarkets & Hypermarkets
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Grocery Stores
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.3. Online
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.4 Specialty Stores
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Tofu Market: Regional Estimates & Trend Analysis
7.1. Tofu Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.1.4. Mexico
7.3.1.4.1. Key country dynamics
7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.2. UK
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.3. Germany
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.3. India
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.4. Japan
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.5. Australia & New Zealand
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3.6. South Korea
7.3.3.6.1. Key country dynamics
7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.4. Latin America
7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.4.2. Brazil
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Tofu Market: Competitive Analysis
8.1. Recent developments & impact analysis, by key market participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. Invigorate Foods
8.9.1.1. Company Overview
8.9.1.2. Financial Performance
8.9.1.3. Product Portfolios
8.9.1.4. Strategic Initiatives
8.9.2. Hain Celestial
8.9.2.1. Company Overview
8.9.2.2. Financial Performance
8.9.2.3. Product Portfolios
8.9.2.4. Strategic Initiatives
8.9.3. House Foods Group Inc.
8.9.3.1. Company Overview
8.9.3.2. Financial Performance
8.9.3.3. Product Portfolios
8.9.3.4. Strategic Initiatives
8.9.4. Hugli Holding Company
8.9.4.1. Company Overview
8.9.4.2. Financial Performance
8.9.4.3. Product Portfolios
8.9.4.4. Strategic Initiatives
8.9.5. Pulmuone Co., Ltd
8.9.5.1. Company Overview
8.9.5.2. Financial Performance
8.9.5.3. Product Portfolios
8.9.5.4. Strategic Initiatives
8.9.6. The Nisshin Oillio Group, Ltd.
8.9.6.1. Company Overview
8.9.6.2. Financial Performance
8.9.6.3. Product Portfolios
8.9.6.4. Strategic Initiatives
8.9.7. San Jose Tofu
8.9.7.1. Company Overview
8.9.7.2. Financial Performance
8.9.7.3. Product Portfolios
8.9.7.4. Strategic Initiatives
8.9.8. Tofurky
8.9.8.1. Company Overview
8.9.8.2. Financial Performance
8.9.8.3. Product Portfolios
8.9.8.4. Strategic Initiatives
8.9.9. Eden Foods
8.9.9.1. Company Overview
8.9.9.2. Financial Performance
8.9.9.3. Product Portfolios
8.9.9.4. Strategic Initiatives
8.9.10. Morinaga & Company
8.9.10.1. Company Overview
8.9.10.2. Financial Performance
8.9.10.3. Product Portfolios
8.9.10.4. Strategic Initiatives
List of Tables
Table 1. Global tofu market: Key market driver analysis
Table 2. Global tofu market: Key market restraint analysis
Table 3. Global tofu market estimates & forecast, by product (USD Million)
Table 4. Global tofu market estimates & forecast, by distribution channel (USD Million)
Table 5. North America tofu market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 6. North America tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 7. North America tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 8. U.S. macro-economic outlay
Table 9. U.S. tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 10. U.S. tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 11. Canada macro-economic outlay
Table 12. Canada tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 13. Canada tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 14. Mexico macro-economic outlay
Table 15. Mexico tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 16. Mexico tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 17. Europe tofu market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 18. Europe tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 19. Europe tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 20. UK macro-economic outlay
Table 21. UK tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 22. UK tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 23. Germany macro-economic outlay
Table 24. Germany tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 25. Germany tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 26. France macro-economic outlay
Table 27. France tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 28. France tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 29. Italy macro-economic outlay
Table 30. Italy tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 31. Italy tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 32. Spain macro-economic outlay
Table 33. Spain tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 34. Spain tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 35. Asia Pacific tofu market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 36. Asia Pacific tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 37. Asia Pacific tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 38. China macro-economic outlay
Table 39. China tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 40. China tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 41. India macro-economic outlay
Table 42. India tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 43. India tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 44. Japan macro-economic outlay
Table 45. Japan tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 46. Japan tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 47. Australia & New Zealand macro-economic outlay
Table 48. Australia & New Zealand tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 49. Australia & New Zealand tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 50. South Korea macro-economic outlay
Table 51. South Korea tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 52. South Korea tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 53. Central & South America tofu market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 54. Latin America tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 55. Latin America tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 56. Brazil macro-economic outlay
Table 57. Brazil tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 58. Brazil tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 59. Middle East & Africa tofu market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 60. Middle East & Africa tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 61. Middle East & Africa tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 62. South Africa macro-economic outlay
Table 63. South Africa tofu market estimates and forecast, by product, 2018 - 2030 (USD Million)
Table 64. South Africa tofu market estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
Table 65. Recent developments & impact analysis, by key market participants
Table 66. Company market share, 2024 (%)
Table 67. Company heat map analysis, 2024
Table 68. Companies implementing key strategies
List of Figures
Fig. 1 Tofu market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and tofu size (USD Million)
Fig. 11 Global tofu size, 2018 to 2030 (USD Million)
Fig. 12 Tofu market: Penetration & growth prospect mapping
Fig. 13 Tofu market: Value chain analysis
Fig. 14 Tofu market: Dynamics
Fig. 15 Tofu market: Porter’s five forces analysis
Fig. 16 Tofu market estimates & forecast, by product (USD Million)
Fig. 17 Processed tofu market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Unprocessed tofu market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Tofu market estimates & forecast, by distribution channel (USD Million)
Fig. 20 Tofu market estimates & forecasts for supermarkets & hypermarkets, 2018 - 2030 (USD Million)
Fig. 21 Tofu market estimates & forecasts for grocery stores, 2018 - 2030 (USD Million)
Fig. 22 Tofu market estimates & forecasts for online, 2018 - 2030 (USD Million)
Fig. 23 Tofu market: Regional outlook, 2024 & 2030 (USD Million)
Fig. 24 Regional marketplace: Key takeaways
Fig. 25 North America tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 26 U.S. tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 27 Canada tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 28 Mexico tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 29 Europe tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 30 Germany tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 UK tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 France tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 Italy tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Spain tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 Asia Pacific tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 China tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 India tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 Japan tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 Australia & New Zealand tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 South Korea tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 Latin America tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 Brazil tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Middle East & Africa tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 South Africa tofu market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 Key company categorization
Fig. 46 Company market share analysis, 2024
Fig. 47 Strategic framework of tofu

Companies Mentioned

  • Invigorate Foods
  • Hain Celestial
  • House Foods Group Inc.
  • Hugli Holding Company
  • Pulmuone Co., Ltd
  • The Nisshin Oillio Group, Ltd.
  • San Jose Tofu
  • Tofurky
  • Eden Foods
  • Morinaga & Company

Table Information

Report AttributeDetails
No. of Pages90
PublishedNovember 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 3.12 Billion
Forecasted Market Value ( USD ) by 2030 $ 3.85 Billion
Compound Annual Growth Rate3.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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