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Fermented Bean Curd Market Type (White Fermented Bean Curd, Red Fermented Bean Curd) Distribution Channel (Supermarkets & Hypermarkets, Grocery Stores, Online, Specialty Stores) – Ukraine War, Future Prospects And Competitive Analysis, 2016 – 2028

Name: Fermented Bean Curd Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2022-05-04
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Fermented Bean Curd Market

Summary
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Fermented bean curd is used as a condiment in preparing a dipping sauce or a vital ingredient for dishes like plain steamed buns, congee, and porridge. It can also be eaten plainly alongside boiled rice or in salads, stews, casseroles, stir-fries, and curries.

The global Fermented Bean Curd market generated over USD 626.41 million in 2021. It is expected to exhibit a CAGR of over 5.75% during the forecast period to reach over USD 940.92 million by the end of 2028. In contrast, the cumulative growth opportunity offered by the global Fermented Bean Curd market stood above USD 5,617.52 million for the analysis period ranging from 2022 to 2028.

Fermented Bean Curd Market

Interesting Facts about Fermented Bean Curd Industry

Fermented Bean Curd is also popularly known as fermented tofu
Fermented Bean Curd originated from East Asian countries
The flavor of Red Fermented Bean Curd is Stronger than White Fermented Bean Curd
Although not medically proven, Fermented Bean Curd has been assumed to be beneficial for diabetes mellitus, blood pressure, cardiac disorders, and cancer-related issues
If preserved well, Fermented Bean Curd can last up to six months

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The Impact of Covid’19 on the Fermented Bean Curd Market

The international fermented bean curd market experienced a tremendous and impressive development during the pandemic. As health consciousness and the need for clean eating skyrocketed, the demand for healthier dietary essentials, including the need for fermented bean curd, increased.

People started concentrating more on clean eating, and the number of vegan-friendly and vegetarian populations increased massively. These elements pushed fermented bean curd to become a staple in several global households, expanding global consumption to reach more significant milestones.

White Fermented Bean Curd to Dominate the Demand

White Fermented Bean Curd and Red Fermented Bean Curd are two significant types of Fermented Bean Curd. White Fermented Bean Curd segment dominated the demand with over 55% share in 2021. At the same time, Red Fermented Bean Curd will also likely keep its significant global market share.

Supermarkets & Hypermarkets to Dominate the Demand

Supermarkets & Hypermarkets, Grocery Stores, Online, Specialty Stores, and Others are major distribution channel segments of the global Fermented Bean Curd market. Supermarkets & Hypermarkets accounted for the largest share of revenue generated through distribution channels. It held over 35% share in 2021. While grocery stores also occupied a significant market position and are likely to exhibit a rapid growth rate over the years.

Opportunities and Drivers of the International Fermented Bean Curd Market

Numerous drivers are assisting the growth and demand for fermented bean curd. Firstly, as mentioned above, more people are turning vegan every day, raising the use of vegan substitutes. As a result, fermented bean curd is a vegetarian alternative to cheese, gaining popularity in several cuisines globally.

In addition, the expansion of condiments, bakery items, and microwavable foods like curries and stews are further causing high demand for fermented bean curd. Fermented bean curd is becoming a star in several wholesome dishes like stir-fries. People relying on easy-to-prepare foods urge manufacturers to supply more of the ingredient.

Perhaps the most noteworthy driver for the global fermented bean curd market is the growing awareness of the health benefits of the superfood. Technological and scientific advancements opening doors for extensive R&D projects shed further light on the benefits of consuming fermented bean curd.

It’s packed with nutrition, can maintain blood pressure, lower the risks for coronary heart sickness, and prevent osteoporosis. With the public prioritizing their wellbeing and fitness amidst the post-pandemic times, the demand for fermented bean curd is expected to escalate even more.

Major Hurdles for the Growth of Fermented Bean Curd Market

Even though awareness of fermented bean curd and its uses increases, several smaller players and less-developed nations remain oblivious to the curd’s potential. That poses a massive challenge to the growth of the fermented bean curd market. In addition, a significant portion of the world’s taste palettes still prefer refined- and non-vegan- ingredients like cheese and meat.

Additionally, even though packed with healthy benefits, regular and prolonged consumption of fermented bean curd can be harmful to the human body. These few constraints prevent fermented bean curd’s global demands from boosting further.

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The Asia Pacific Held over 50% share in Global Fermented Bean Curd Market

Fermented Bean Curd is originally part of East and South East Asian cuisine. Fermented Bean Curd is very popular in this region. The Asia Pacific accounted for almost over 55% share of total revenue generated by the global Fermented Bean Curd market. China, South Korea, Japan, and Asian countries are major mainstream markets for the large chunk of revenue generated by the global Fermented Bean Curd market. While, North America and Europe hold smaller market shares, followed by Latin America, Middle East & Africa. Ukraine and Russia war will have little impact on the growth of the global Fermented Bean Curd market.

Chengdu Baibaibei Food Co., Ltd., Chiali Food Co., Ltd, ENG LEE SENG Marketing Holdings(M) SDN BHD, Guiyang Taihe Capsicum products Co., Ltd, Lee Kum Kee, Liuyang Lige Special Food Co., Ltd, Shenzhen Yongmiao Foodstuffs Co., Ltd and Zhuhai Jialin Food Co., Ltd are significant players in global Fermented Bean Curd market.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Fermented Bean Curd Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Fermented Bean Curd Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Distribution Channel
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Fermented Bean Curd Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Fermented Bean Curd Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Fermented Bean Curd Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. White Fermented Bean Curd
6.2.3. Red Fermented Bean Curd
6.3. North America Fermented Bean Curd Market, by Distribution Channel, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Supermarkets & Hypermarkets
6.3.3. Grocery Stores
6.3.4. Confectionery and Aroma
6.3.5. Specialty Stores
6.3.6. Others

7. Europe
7.1. Europe Fermented Bean Curd Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Fermented Bean Curd Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. White Fermented Bean Curd
7.2.3. Red Fermented Bean Curd
7.3. Europe Fermented Bean Curd Market, by Distribution Channel, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Supermarkets & Hypermarkets
7.3.3. Grocery Stores
7.3.4. Confectionery and Aroma
7.3.5. Specialty Stores
7.3.6. Others

8. Asia Pacific
8.1. Asia Pacific Fermented Bean Curd Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Fermented Bean Curd Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. White Fermented Bean Curd
8.2.3. Red Fermented Bean Curd
8.3. Asia Pacific Fermented Bean Curd Market, by Distribution Channel, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Supermarkets & Hypermarkets
8.3.3. Grocery Stores
8.3.4. Confectionery and Aroma
8.3.5. Specialty Stores
8.3.6. Others

9. Latin America
9.1. Latin America Fermented Bean Curd Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Fermented Bean Curd Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. White Fermented Bean Curd
9.2.3. Red Fermented Bean Curd
9.3. Latin America Fermented Bean Curd Market, by Distribution Channel, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Supermarkets & Hypermarkets
9.3.3. Grocery Stores
9.3.4. Confectionery and Aroma
9.3.5. Specialty Stores
9.3.6. Others

10. Middle East
10.1. Middle East Fermented Bean Curd Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2.
10.1.3. KSA
10.1.4. Israel
10.1.5. Turkey
10.1.6. Iran
10.1.7. Rest of Middle East
10.2. Middle East Fermented Bean Curd Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. White Fermented Bean Curd
10.2.3. Red Fermented Bean Curd
10.3. Middle East Fermented Bean Curd Market, by Distribution Channel, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Supermarkets & Hypermarkets
10.3.3. Grocery Stores
10.3.4. Confectionery and Aroma
10.3.5. Specialty Stores
10.3.6. Others

11. Africa
11.1. Africa Fermented Bean Curd Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Fermented Bean Curd Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. White Fermented Bean Curd
11.2.3. Red Fermented Bean Curd
11.3. Africa Fermented Bean Curd Market, by Distribution Channel, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Supermarkets & Hypermarkets
11.3.3. Grocery Stores
11.3.4. Confectionery and Aroma
11.3.5. Specialty Stores
11.3.6. Others

12. Global
12.1. Global Fermented Bean Curd Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. White Fermented Bean Curd
12.1.3. Red Fermented Bean Curd
12.2. Global Fermented Bean Curd Market, by Distribution Channel, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Supermarkets & Hypermarkets
12.2.3. Grocery Stores
12.2.4. Confectionery and Aroma
12.2.5. Specialty Stores
12.2.6. Others

13. Company Profiles
13.1. Chengdu Baibaibei Food Co., Ltd.
13.2. Chiali Food Co., Ltd
13.3. ENG LEE SENG Marketing Holdings(M) SDN BHD
13.4. Guiyang Taihe Capsicum products Co.,Ltd
13.5. Lee Kum Kee
13.6. Liuyang Lige Special Food Co.,Ltd
13.7. Shenzhen Yongmiao Foodstuffs Co., Ltd
13.8. Zhuhai Jialin Food Co., Ltd.
13.9. Others

List of Figures

FIG. 1 Global Fermented Bean Curd Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Fermented Bean Curd Market Segmentation
FIG. 4 Global Fermented Bean Curd Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Fermented Bean Curd Market, by Distribution Channel, 2021 (US$ Bn)
FIG. 6 Global Fermented Bean Curd Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Fermented Bean Curd Market Manufacturers, 2019
FIG. 9 Global Fermented Bean Curd Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10 Global Fermented Bean Curd Market, by White Fermented Bean Curd, Value, 2016-2028 (US$ Bn)
FIG. 11 Global Fermented Bean Curd Market, by Red Fermented Bean Curd, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Fermented Bean Curd Market Value Contribution, By Distribution Channel, 2021 & 2028 (Value %)
FIG. 13 Global Fermented Bean Curd Market, by Grocery Stores, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Fermented Bean Curd Market, by Supermarkets & Hypermarkets, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Fermented Bean Curd Market, by Confectionery and Aroma, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Fermented Bean Curd Market, by Specialty Stores, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Fermented Bean Curd Market, by Others, Value, 2016-2028 (US$ Bn)
FIG. 18 U.S. Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 19 Rest of North America Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 20 U.K. Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 21 Germany Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 22 France Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 23 Italy Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 24 Spain Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 25 Russia Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 26 BENELUX Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 27 Poland Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 28 Austria Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 29 Rest of Europe Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 30 Japan Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 31 China Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 32 India Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 33 South Korea Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 34 Australia Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 35 Southeast Asia Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 36 Rest of Asia Pacific Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 37 Middle East & Africa Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 38 South Africa Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 39 Nigeria Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 40 Egypt Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 41 GCC Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 42 Israel Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 43 Latin America Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 44 Mechanicalzil Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 45 Argentina Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 46 Colombia Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 47 Peru Fermented Bean Curd Market, 2016-2028 (US$ Bn)
FIG. 48 Chile Fermented Bean Curd Market, 2016-2028 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Beauty Devices (Fermented Bean Curd) Market
TABLE 2 Global Fermented Bean Curd Market, by Type, 2016-2028 (US$ Bn)
TABLE 3 Global Fermented Bean Curd Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 4 Global Fermented Bean Curd Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5 North America Fermented Bean Curd Market, by Type, 2016-2028 (US$ Bn)
TABLE 6 North America Fermented Bean Curd Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 7 North America Fermented Bean Curd Market, by Country, 2016-2028 (US$ Bn)
TABLE 8 Europe Fermented Bean Curd Market, by Type, 2016-2028 (US$ Bn)
TABLE 9 Europe Fermented Bean Curd Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 10 Europe Fermented Bean Curd Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11 Asia Pacific Fermented Bean Curd Market, by Type, 2016-2028 (US$ Bn)
TABLE 12 Asia Pacific Fermented Bean Curd Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 13 Asia Pacific Fermented Bean Curd Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Latin America Fermented Bean Curd Market, by Type, 2016-2028 (US$ Bn)
TABLE 15 Latin America Fermented Bean Curd Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 16 Latin America Fermented Bean Curd Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Middle East Fermented Bean Curd Market, by Type, 2016-2028 (US$ Bn)
TABLE 18 Middle East Fermented Bean Curd Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 19 Middle East Fermented Bean Curd Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Africa Fermented Bean Curd Market, by Type, 2016-2028 (US$ Bn)
TABLE 21 Africa Fermented Bean Curd Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 22 Africa Fermented Bean Curd Market, by Country/Region, 2016-2028 (US$ Bn)

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Frequently asked questions

How COVID 19 Impacted Fermented Bean Curd Market?

Like other industries, Fermented Bean Curd market also suffered from COVID 19 pandemic which resulted into decline of over 8.43% in revenue generated in 2020

Which is the leading regional market for Fermented Bean Curd?

Asia Pacific is the largest regional market with highest share in the total volume of Fermented Bean Curd consumed in 2021

What is the major growth driving factors for global Fermented Bean Curd market?

Growing popularity of Fermented Bean Curd coupled with rising adoption as a vegan alternative is driving the demand for Fermented Bean Curd

Which is major segment in Fermented Bean Curd market by Type?

White Fermented Bean Curd segment dominated the Fermented Bean Curd market in 2021 with over 75% share

Which is major segment in Fermented Bean Curd market by application?

Grocery Stores segment was the largest application of Fermented Bean Curd in 2021 with over 25% share

About Author

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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