Market Overview:
The global tofu machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for plant-based proteins, increasing awareness about the health benefits of tofu, and growing vegan population. The electric tofu machines segment is expected to dominate the global tofu machines market during the forecast period owing to its ease of use and low maintenance requirements. However, manual tofu machines are witnessing a higher growth rate due to their lower price point and easy availability. Commercial applications are expected to account for a larger share of the global tofu machines market than household applications during the forecast period.
Product Definition:
A tofu machine is a piece of equipment used in the manufacture of tofu. Tofu machines can be simple or complex, and can range in size from small tabletop models to large industrial machines. Tofu is made by coagulating soy milk and then pressing the curds into blocks. The traditional method of doing this involves using a wooden frame lined with muslin cloth, which is then filled with curds and whey. The whey is drained off and the curds are pressed into blocks using a weight.
Electric Tofu Machines:
Electric tofu machines are used to process soy milk into a smooth and consistent texture. It is primarily used in making tofu, which is a traditional food of China. The product has numerous health benefits such as it helps in reducing cholesterol levels, prevents osteoporosis ( porous bone disease), improves the quality of skin & hair and reduces menopausal symptoms among others. Increasing awareness about these advantages among consumers has been driving the global market over the past few years.
Manual Tofu Machines:
Manual tofu machines are used to process soy milk into a smooth and uniform texture. It is mainly used for making firm or extra-firm tofu. The product has several uses in the food industry including vegetarian burgers, hot dogs, desserts, cakes & pastries among others. Manual tofu machines are also widely used in households as an alternative to meat products like chicken and beef which makes it one of the most popular types of vegan products across the globe.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The demand for tofu machines in the commercial sector is expected to witness growth owing to its use in restaurants and hotels among other food service industries. Tofu is a popular ingredient used as a meat analogue and vegetable protein source across various cuisines globally, which has resulted in increased product demand from the commercial application segment over the past few years.
Tofu finds usage as an ingredient or on its own as a meal replacement option across various dishes cooked by chefs at restaurants and eateries around the world, thus driving its consumption from household applications where it is mostly consumed alone or with some vegetables like broccoli or cabbage salad dressing recipe using homemade mayonnaise made of tofu along with salt, pepper, garlic powder and onion powder among other ingredients such as oil & vinegar that are commonly found at home kitchens worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with growing consumer awareness about nutritional products is projected to drive the regional demand for tofu machines. Furthermore, increasing health concerns among consumers are anticipated to fuel product demand in this region.
North America accounted for a significant share of revenue in 2017 owing to rising consumer interest towards healthy foods and changing lifestyles along with an increase in spending capacity among consumers. Moreover, growing popularity of veganism as a result of increased awareness regarding animal cruelty is likely to have a positive impact on industry growth over the next eight years. In addition, new product launches by prominent players such as JBF Foodservice Equipment Pvt Ltd., Cuisinart Co., Green Machine Company LLC are estimated to boost regional growth during the forecast period.
Growth Factors:
- Increasing demand for plant-based proteins: The global population is growing at a rapid pace and so is the demand for protein-rich foods. Tofu, being a plant-based protein, is gaining popularity as a healthier and more sustainable alternative to meat.
- Rising awareness of the health benefits of tofu: Tofu has been long known for its nutritional benefits. With increasing awareness about the health benefits of tofu, its popularity is only going to grow further in the years to come.
- Growing veganism and vegetarianism trend: The number of people who are turning vegan or vegetarian is on the rise across the globe. This presents a huge opportunity for growth for tofu machines market as tofu happens to be one of the most popular plant-based proteins among vegans and vegetarians alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tofu Machines Market Research Report
By Type
Electric Tofu Machines, Manual Tofu Machines
By Application
Commercial, Household
By Companies
Yung Soon Lih Food Machine Co., Ltd., Takai Tofu & Soymilk Equipment Co., Pushpanjali Agro Ind., Shanghai Tiangang Machine Manufacture Co., Ltd., Mase Tofu Machine Co.,Ltd., S. K. Engineers, Yanagiya Machinery Co.,Ltd., Yida Liyan Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Tofu Machines Market Report Segments:
The global Tofu Machines market is segmented on the basis of:
Types
Electric Tofu Machines, Manual Tofu Machines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Household
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yung Soon Lih Food Machine Co., Ltd.
- Takai Tofu & Soymilk Equipment Co.
- Pushpanjali Agro Ind.
- Shanghai Tiangang Machine Manufacture Co., Ltd.
- Mase Tofu Machine Co.,Ltd.
- S. K. Engineers
- Yanagiya Machinery Co.,Ltd.
- Yida Liyan Co., Ltd.
Highlights of The Tofu Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric Tofu Machines
- Manual Tofu Machines
- By Application:
- Commercial
- Household
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tofu Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tofu Machines are a type of food processor that can be used to make tofu. They come in different sizes and shapes, and can be used to make a variety of tofu products.
Some of the key players operating in the tofu machines market are Yung Soon Lih Food Machine Co., Ltd., Takai Tofu & Soymilk Equipment Co., Pushpanjali Agro Ind., Shanghai Tiangang Machine Manufacture Co., Ltd., Mase Tofu Machine Co.,Ltd., S. K. Engineers, Yanagiya Machinery Co.,Ltd., Yida Liyan Co., Ltd..
The tofu machines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tofu Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tofu Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tofu Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tofu Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tofu Machines Market Size & Forecast, 2020-2028
4.5.1 Tofu Machines Market Size and Y-o-Y Growth
4.5.2 Tofu Machines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electric Tofu Machines
5.2.2 Manual Tofu Machines
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tofu Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tofu Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electric Tofu Machines
9.6.2 Manual Tofu Machines
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Household
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electric Tofu Machines
10.6.2 Manual Tofu Machines
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Household
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electric Tofu Machines
11.6.2 Manual Tofu Machines
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Household
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electric Tofu Machines
12.6.2 Manual Tofu Machines
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Household
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electric Tofu Machines
13.6.2 Manual Tofu Machines
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Household
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tofu Machines Market: Competitive Dashboard
14.2 Global Tofu Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yung Soon Lih Food Machine Co., Ltd.
14.3.2 Takai Tofu & Soymilk Equipment Co.
14.3.3 Pushpanjali Agro Ind.
14.3.4 Shanghai Tiangang Machine Manufacture Co., Ltd.
14.3.5 Mase Tofu Machine Co.,Ltd.
14.3.6 S. K. Engineers
14.3.7 Yanagiya Machinery Co.,Ltd.
14.3.8 Yida Liyan Co., Ltd.
