Fermented tofu, also called white bean-curd cheese, fermented bean curd, tofu cheese, soy cheese, or preserved tofu, is a Chinese condiment consisting of a form of processed, preserved tofu used in East Asian cuisine. The ingredients typically are soybeans, salt, rice wine, and sesame oil or vinegar. This typical Asian delicacy acts as a condiment to various dishes, has high nutritional value, and has medicinal benefits such as decreasing the chances of getting coronary heart disease, lowering blood pressure, and prevention of osteoporosis.
MARKET DYNAMICS
There is an excellent opportunity for the fermented tofu market in countries such as Japan, China, South Korea, the Philippines, Vietnam, Indonesia, and Thailand and will be the significant revenue-generating countries to the fermented tofu market. The demand for fermented tofu is rising, which is attributed to increasing awareness among consumers about the benefits of fermented tofu and increasing health consciousness among consumers.
The world influences of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will notably affect the Fermented Tofu market in 2020. COVID-19 can affect the international financial system in three main ways: by creating supply chain and market disruption, by directly affecting production and demand, and by its economic impact on firms and financial markets
MARKET SCOPE
The "Global Fermented Tofu Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the fermented tofu market with detailed market segmentation by type and distribution channel. The global fermented tofu market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fermented tofu of market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fermented tofu market is segmented based on type and distribution channel. Based on type, the global fermented tofu market is segmented into white fermented tofu, red fermented tofu, stinky fermented tofu, and chiang fermented tofu. By distribution channel, the fermented tofu market is classified into retail and catering.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global fermented tofu market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The fermented tofu market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fermented tofu market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the fermented tofu market in these regions.
MARKET PLAYERS
The reports cover vital developments in the fermented tofu market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the fermented tofu market are anticipated to lucrative growth opportunities in the future with the rising demand for fermented tofu in the global market. Below mentioned is the list of few companies engaged in the fermented tofu market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fermented tofu market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Chia-Li Food Co., Ltd.
- Chengdu Baibaibei Food Co., Ltd.
- Guiyang Taihe Capsicum products Co., Ltd
- Zhuhai Jialin Food Co., Ltd.
- Shenzhen Yongmiao Foodstuffs Co., Ltd
- Lee Kum Kee
- Eng Lee Seng (ELS)
- Emma Ma Zhejiang Star Vegetable Agriculture And Technology Co., Ltd.
- Tai Ping Yang Food Factory
- Yan Wal Yun Corporation Group Co., Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.