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Tempeh Market, By Product (Conventional and Organic), By Distribution Channel (Online and Offline), By Geography (North America, Europe, Asia Pacific, and Rest of the World) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025

142 Pages | Published Date : June 2019 | Report Code: AV337 | Report Format: PDF

REPORT HIGHLIGHT

The tempeh market was valued at USD 153.9 million by 2017, growing with 8.23% CAGR during the forecast period, 2018-2025

Market Dynamics

Tempeh is a food product that is derived from Soy. It is a popular Indonesian dish that is prepared by the fermentation process of Soy. It is a popular healthy option in the meat alike product category. This product is globally gaining traction owing to its nutrient dense profile. It is extremely rich in vitamins and minerals, it is also prebiotic in nature due to the fermentation process. It has good dietary fiber and protein content that makes it for vegetarian diets. Growth in the food industry acts as a catalyst for the demand for this product. Therefore, this nutrionally dense product is not only healthy but also a great meat alternative.

The global demand for nutritive vegan/ vegetarian based food products is the key market driver for this products. There is a shift from the meat to meat analogue industry that is occurring significantly. As per DSM Food Specialties, the meat analogue market is already at a sizable value of USD 2 billion. This is expected to rise continually due to the growth in the number of people who wish to opt for Veganism. Since this product is various nutritious, it is recommended to older people as well, this is also one of the growth drivers for this industry.  Consistent Research and development to develop variety of products that can act as meat alternatives within this sector will further boost the industry.

Form Takeaway

The major form type is segmented into conventional and organic. Currently, in terms of the market share, the conventional product dominates the industry. It has been observed that there is a fast growth observed with organic tempeh market. Strong growth is witnessed due to the shift towards healthier organic foods and thus the production of organic food is increasing considerably. Also, there is an increase in the awareness of Non-GMO (genetically modified organisms) foods which are basically further giving impetus to natural organic food sources.

Distribution Channel Takeaway

Categorization of this industry is also done on the basis of distribution channels. There are two core distribution channels, which includes online and offline sources. Currently, the offline stores such as over the counter distribution, local markets, grocery stores are the predominant sources of distribution across the globe. However, when it comes to the fastest growing category, the most important one is the online channels. Online marketing, growth of digital marketing and E-commerce and the sheer accessibility the internet provides are one of the primary reasons why this segment is growing rapidly. E-commerce is now promoting the tempeh market significantly therefore online portal is expected to dominate the distribution channel revenues in years to come.

Regional Takeaway

The Asia Pacific dominates the market in terms of revenue generation. The growing awareness of organic and healthier vegan or vegetarian food is going to be a catalyst for this regional growth. Regions of Europe and North America are expected to shift their focus towards the growth of organic tempeh manufacturing, driving the overall industry development.

Key Vendor Takeaway

Listed are some of the key players when it comes to the manufacture of Tempeh, these are Turtle Island Foods, Inc., Mighty Bean Tempeh Sunshine Coast, Nutrisoy Pty Limited, Organic Village Food, Totally Tempeh, Margaret River Tempeh, Byron Bay Tempeh, Primasoy, SBC Tempeh Manufacturers, Alive & Healing Inc., Gwen Tempeh, Lalibela Farm Tempeh, Tempeh Temple, Rhapsody Natural Foods, Henry’s Tempeh, Impulse Tempeh, TOFU Manufaktur Nagel GmbH, Tempea Natural Foods Ltd., Schouten Europe B.V. and  Natural Oriental Fresh Foods BV. The expansion and growth of the industry can be judged by the growth of its players. Turtle Island Foods, Inc, founder of Tofurky set up a new plant in Oregon in the year, 2012.

The market size and forecast for each segment and sub-segments has been considered as below:

  • Historical Year – 2014 & 2016
  • Base Year – 2017
  • Estimated Year – 2018
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, and Suppliers
  • Manufacturers
  • Government and Regional Agencies
  • Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

  • Bongkrek
  • Semangit
  • Bacem
  • Mendoan

MARKET, BY FORM

  • Conventional
  • Organic

MARKET, BY DISTRIBUTION CHANNEL

  • Offline
  • Online

MARKET, BY REGION

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Rest of APAC
  • Rest of the World
    • Middle East and Africa
    • Latin America

TABLE OF CONTENT

1. TEMPEH MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Form
2.1.3. Market Snippet by Distribution Channel
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. TEMPEH KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. TEMPEH INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. TEMPEH MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. TEMPEH MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2017 & 2025 (%)
6.2. Bongkrek
   6.2.1. Overview
   6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Semangit
   6.3.1. Overview
   6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Bacem
   6.4.1. Overview
   6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Mendoan
   6.5.1. Overview
   6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. TEMPEH MARKET – BY FORM
7.1. Overview
7.1.1. Segment Share Analysis, By Form, 2017 & 2025 (%)
7.2. Conventional
   7.2.1. Overview
   7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Organic
   7.3.1. Overview
   7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. TEMPEH MARKET – BY DISTRIBUTION CHANNEL
8.1. Overview
8.1.1. Segment Share Analysis, By Distribution Channel, 2017 & 2025 (%)
8.2. Offline
   8.2.1. Overview
   8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Online
   8.3.1. Overview
   8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. TEMPEH MARKET– BY GEOGRAPHY
9.1. Introduction
9.1.1. Segment Share Analysis, By Region, 2017 & 2025 (%)
9.2. North America
   9.2.1. Overview
   9.2.2. Key Manufacturers in North America
   9.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
   9.2.4. North America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
   9.2.5. North America Market Size and Forecast, By Form, 2014 – 2025 (US$ Million)
   9.2.6. North America Market Size and Forecast, By Distribution Channel, 2014 – 2025 (US$ Million)
9.2.7. U.S.
   9.2.7.1. Overview
   9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.8. Canada
   9.2.8.1. Overview
   9.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Europe
   9.3.1. Overview
   9.3.2. Key Manufacturers in Europe
   9.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
   9.3.4. Europe Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
   9.3.5. Europe Market Size and Forecast, By Form, 2014 – 2025 (US$ Million)
   9.3.6. Europe Market Size and Forecast, By Distribution Channel, 2014 – 2025 (US$ Million)
9.3.7. France
   9.3.7.1. Overview
   9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.8. Germany
   9.3.8.1. Overview
   9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.9. Rest of Europe
   9.3.9.1. Overview
   9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Asia Pacific (APAC)
   9.4.1. Overview
   9.4.2. Key Manufacturers in Asia Pacific
   9.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
   9.4.4. Asia Pacific Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
   9.4.5. Asia Pacific Market Size and Forecast, By Form, 2014 – 2025 (US$ Million)
   9.4.6. Asia Pacific Market Size and Forecast, By Distribution Channel, 2014 – 2025 (US$ Million)
9.4.7. China
   9.4.7.1. Overview
   9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.8. India
   9.4.8.1. Overview
   9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.9. Rest of APAC
   9.4.9.1. Overview
   9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Rest of the World
   9.5.1. Overview
   9.5.2. Key Manufacturers in Rest of the World
   9.5.3. Rest of the World Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
   9.5.4. Rest of the World Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
   9.5.5. Rest of the World Market Size and Forecast, By Form, 2014 – 2025 (US$ Million)
   9.5.6. Rest of the World Market Size and Forecast, By Distribution Channel, 2014 – 2025 (US$ Million)
9.5.7. Latin America
   9.5.7.1. Overview
   9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.8. Middle East and Africa
   9.5.8.1. Overview
   9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. KEY VENDOR ANALYSIS
10.1. Turtle Island Foods, Inc.
   10.1.1. Company Snapshot
   10.1.2. Financial Performance
   10.1.3. Product Benchmarking
   10.1.4. Strategic Initiatives
10.2. Mighty Bean Tempeh Sunshine Coast
10.3. Nutrisoy Pty Limited
10.4. Organic Village Food
10.5. Totally Tempeh
10.6. Margaret River Tempeh
10.7. Byron Bay Tempeh
10.8. Primasoy, SBC Tempeh Manufacturers
10.9. Alive & Healing Inc.
10.10. Gwen Tempeh
10.11. Lalibela Farm Tempeh
10.12. Tempeh Temple
10.13. Rhapsody Natural Foods
10.14. Henry’s Tempeh
10.15. Impulse Tempeh
10.16. TOFU Manufaktur Nagel GmbH
10.17. Tempea Natural Foods Ltd.
10.18. Schouten Europe B.V.
10.19. Natural Oriental Fresh Foods BV
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us

List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Tempeh market: Product snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global Tempeh market, by Product 2014-2025 (USD Million)
TABLE Tempeh market: Form snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Form
TABLE Global Tempeh market, by Form 2014-2025 (USD Million)
TABLE Tempeh market: Distribution Channel snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Distribution Channel
TABLE Global Tempeh market, by Distribution Channel 2014-2025 (USD Million)
TABLE Tempeh market: Regional Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Tempeh market, by Region 2014-2025 (USD Million)
TABLE North America Tempeh market, by Country, 2014-2025 (USD Million)
TABLE North America Tempeh market, by Product, 2014-2025 (USD Million)
TABLE North America Tempeh market, by Form, 2014-2025 (USD Million)
TABLE North America Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE U.S. Tempeh market, by Product, 2014-2025 (USD Million)
TABLE U.S. Tempeh market, by Form, 2014-2025 (USD Million)
TABLE U.S. Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Canada Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Canada Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Canada Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Europe Tempeh market, by country, 2014-2025 (USD Million)
TABLE Europe Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Europe Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Europe Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Germany Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Germany Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Germany Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE U.K. Tempeh market, by Product, 2014-2025 (USD Million)
TABLE U.K. Tempeh market, by Form, 2014-2025 (USD Million)
TABLE U.K. Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Rest of the Europe Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Rest of the Europe Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Rest of the Europe Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Asia Pacific Tempeh market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Asia Pacific Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Asia Pacific Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Japan Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Japan Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Japan Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE China Tempeh market, by Product, 2014-2025 (USD Million)
TABLE China Tempeh market, by Form, 2014-2025 (USD Million)
TABLE China Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Rest of Asia Pacific Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Rest of Asia Pacific Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Rest of Asia Pacific Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Rest of the World Tempeh market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Rest of the World Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Rest of the World Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Latin America Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Latin America Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Latin America Tempeh market, by Distribution Channel, 2014-2025 (USD Million)
TABLE Middle East and Africa Tempeh market, by Product, 2014-2025 (USD Million)
TABLE Middle East and Africa Tempeh market, by Form, 2014-2025 (USD Million)
TABLE Middle East and Africa Tempeh market, by Distribution Channel, 2014-2025 (USD Million)

List of Figures
FIGURE Tempeh market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2017 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Bongkrek market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Semangit market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Bacem market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mendoan market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Form segment market share analysis, 2017 & 2025
FIGURE Form segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Conventional market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Organic market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Distribution Channel segment market share analysis, 2017 & 2025
FIGURE Distribution Channel segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Offline market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Online market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2017 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Tempeh market share and leading players, 2018
FIGURE Europe Tempeh market share and leading players, 2018
FIGURE Asia Pacific Tempeh market share and leading players, 2018
FIGURE Latin America Tempeh market share and leading players, 2018
FIGURE Middle East and Africa Tempeh market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE U.K. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of Asia Pacific market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the World market share analysis by country, 2018
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)

SCOPE AND OBJECTIVES
The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including Technology launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.

KEY BENEFITS OF THE REPORT
• The report presents macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• Thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of region and country specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new Technology developments

RESEARCH METHODOLOGY

Research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study includes extensive use of secondary sources, paid databases (such as Bloomberg, Dun & Bradstreet, and BusinessWeek) and directories, to identify and collect information, useful to understand technical, commercial and market-oriented aspects. Market data and information are also collected (but not limited to) from the secondary sources such as:

  • Official company’s website, financial and annual reporting
  • Government statistical data
  • Online publishing articles
  • Industry player’s investor presentations
  • Economic news articles
  • National and international trade associations
  • The financial, business, and mainstream press
  • Industry study groups and semiofficial sources
  • Informative channels related to the market topics

* Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary            information often conflicting across multiple sources is a key aspect of the added value we provide

In order to verify and validate secondary market data, we engage with the Key Opinion Leaders (KoL’s), operating in the respective markets, through phone calls, emails, and web-based survey responses. This platform help us validate our data in terms of accuracy and gain insight into the current market and future expectations. Furthermore, the obtained information guide us to understand several facets of the market with respect to manufacturers and buyers’ perspectives.

In addition, to assign weights to all the relevant market dynamics and parameters and quantify their market impact for generating projected market growth rate, we used advanced machine learning algorithms in order to collate essential market data. The machine learning method utilizes algorithms such as regression, correlation, and decision tree, among others, to derive the desired output. This tool help us in deriving highly detailed forecasts, profound knowledge of product demand, and others.

These collected data points are carefully filtered, analyzed, compared, and presented in an easy way to develop accurate research study. Furthermore, all collected data is subjected to undergo exhaustive review process at country level, regional level, and global level.

Market Forecast :

Market forecast is primarily based on the year-on-year (YOY) growth rate. Data projection and future performance of each segment is analyzed based on the key aspects extracted from primary and secondary research results. Thus, data projection exhibits the assumption on how the market performs under microeconomic and macroeconomic parameters. Our market forecasting technique represents strategic conclusions which can play a crucial role for our client’s in making strategic marketing plans.

For forecasting, the following parameters were considered:

  • Market drivers and restraints along with their current and expected impacts
  • Technological scenario and expected developments
  • Trends in the consumer behaviors
  • End-user industry trends

We have assigned weights to above-mentioned parameters and quantified their market impacts using the weighted average analysis, to derive an expected market growth rate.

Market Analysis

Another integral part of our research study is that market data is accompanied by clear written analysis. We include detailed information on market segments in terms of market drivers, market restraints, and market opportunities. These offer insights on different channel dynamics, brand preference, incidence/prevalence data, consumption trend, and technology up-gradations.

We also include supporting data from relevant awareness campaigns, new introductions, regulatory norms, government initiatives, and an industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.

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