UNITED STATES TOFU MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The market for tofu in the United States is anticipated to grow at a CAGR of 11.14%. In terms of distribution channels, the off-trade segment dominates the US tofu market, holding a 43% market share advantage over the on-trade segment. Supermarkets and hypermarkets will hold the largest market share (68% by value) among the off-trade categories of the US tofu market in 2022. Supermarkets are a great place to shop because they offer a variety of tofu-based items in large quantities to meet client needs. Since the epidemic, more people prefer to buy tofu products from one-stop shops.

The fastest-growing distribution channel in the US tofu market is anticipated to be the online channel in the off-trade distribution channel, with a CAGR of 15.49% predicted for the forecast period of 2022–2028. Manufacturers developed their digital presence through e-commerce along with consumer adoption of technology, providing B2C and B2B services as well as a variety of tofu options. The industry is driven by rising demand for novel tofu types in online channels.

Major Players: Albertsons Companies, House Foods Group Inc., Morinaga Milk Industry Co. Ltd, Pulmuone Foods USA Inc. and The Hain Celestial Group, Inc.


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