The Germany market dominated the Europe Tempeh Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $550.4 Million by 2031. The UK market is exhibiting a CAGR of 7.5% during 2024-2031. Additionally, the France market would experience a CAGR of 9.3% during 2024-2031.
Artisanal food producers are experimenting with them to create gourmet cheeses and spreads. These products offer a unique flavor profile and cater to consumers seeking sophisticated plant-based options. These are used to craft specialty sausages and deli meats, providing a high-protein, plant-based alternative to traditional meat products in gourmet markets.
Furthermore, innovative food companies are incorporating them into functional foods enriched with superfoods like spirulina, chia seeds, or flaxseeds. These products aim to boost their nutritional value and appeal. This is being utilized to formulate protein supplements and powders, offering a plant-based protein source for fitness enthusiasts and those with dietary restrictions.
European consumers increasingly seek plant-based meat alternatives, driven by health concerns, environmental awareness, and ethical considerations. This shift is boosting demand for them as a protein-rich, plant-based option. Major European retailers are expanding their plant-based product lines to include them, responding to the growing consumer interest in plant-based diets.
This increased visibility supports this market’s growth. According to the European Commission, Europe’s plant-based food industry grew an astonishing 49 % overall from 2018 to 2020, amounting to a total sales value of EUR 3.6 billion. In conclusion, the expansion of the plant-based food industry in the region is driving the market's growth.
List of Key Companies Profiled
- Byron Bay Tempeh
- Tootie’s Tempeh
- Nutrisoy Pty Ltd
- Maple leaf foods, Inc.
- Primasoy
- Noble Bean Tempeh
- Tempeh Meades
- Rhapsody Natural Foods
- Vegolution India private limited
Market Report Segmentation
By Distribution Channel
- Foodservice
- Retail
- Hypermarkets and Supermarkets
- Convenience Stores
- Online
- Other Retail Channel Types
By Source
- Soya Beans
- Multi-grain
- Other Sources
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Companies Mentioned
Some of the key companies profiled in this Europe Tempeh market report include:- Byron Bay Tempeh
- Tootie’s Tempeh
- Nutrisoy Pty Ltd
- Maple leaf foods, Inc.
- Primasoy
- Noble Bean Tempeh
- Tempeh Meades
- Rhapsody Natural Foods
- Vegolution India private limited
Methodology
LOADING...