DUBLIN--(BUSINESS WIRE)--The "Global Tempeh Market - Segmented by Product Type, Distribution Channel and Geography (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Increasing lactose intolerance in populations across the globe has been a decisive factor for the rise in the popularity of tempeh products. The remarkable rise of vegan population in countries such as India, Italy, Germany, the United States, Australia, and the United Kingdom is expected to drive the development of the tempeh market over the forecast period.
Soy-based products have been gaining prominence across regions owing to the health claims, which has also encouraged the development of tempeh market. Health consciousness among young consumers for functional foods is one of the factors that has increased the demand for tempeh market.
High prices of tempeh, coupled with steep competition from substitutes like tofu may restrict the development of the tempeh market in the years to come. Excessive consumption of tempeh leads to harmful effects, such as cramps, allergies, nausea, and headaches that could confine the development of the tempeh market.
The introduction of ready-to-eat tempeh products with a range of taste and flavors is expected to create a potential scope for the tempeh market.
The market is segmented by product type and distribution channel. By product type, the market has been segmented into regular and organic tempeh. Strict rules and regulations from regulatory bodies regarding the natural label claim is likely to fuel the growth of organic tempeh in Western Europe.
On the basis of distribution channel, the market is segregated into convenience stores, mass merchandiser, online channel, and others. The mass merchandiser segment is likely to hold a significant market share, as there is an availability of different kind of products across brands.
Key Topics Covered
2. Market Overview
3. Market Dynamics
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
- Lalibela Farm
- American Soy Asia
- The Cultered Bean Company
- Alive & Healing Inc.
- Impulse Foods
- Nutrisoy Pty Ltd.
- Lightlife Foods
- Soy Bean Company
- Rhapsody Natural Foods
- Future Food
For more information about this report visit https://www.researchandmarkets.com/research/9cjngv/global_tempeh?w=4