Tempeh Market Growth: Sales Expected to Reach US$ 6.8 Billion by 2033 with 5% CAGR, Fueled by Rising Demand for Meat Analogues and Plant-Based Foods

From 2023 to 2033, the global tempeh market is predicted to rise at a 5% CAGR and are predicted to reach around US$ 6.8 billion by 2033. A sizable portion of the population wishes to either avoid or reduce their meat consumption by becoming vegan or vegetarian or by becoming flexitarians or meat reducers. As a result, high-quality …

Tempeh Market Expected to Expand More than Three-Fold through 2026

The global tempeh market was valued at US$ 3,842.8 Mn in 2019. The market has exhibited a considerable rise during 2013 -2018 and the trend is likely to continue as the market exhibits a CAGR of 6.1% between 2019 and 2026. The rising demand for meat analogs that are similar in texture and taste of meat is …