Middle East & Africa Tempeh Market Size & Outlook
The tempeh market in Middle East & Africa is expected to reach a projected revenue of US$ 737.3 million by 2030. A compound annual growth rate of 5.1% is expected of Middle East & Africa tempeh market from 2024 to 2030.
Revenue, 2023 (US$M)
$520.0
Forecast, 2030 (US$M)
$737.3
CAGR, 2024 - 2030
5.1%
Report Coverage
Middle East & Africa
Middle East & Africa tempeh market, 2018-2030 (US$M)
MEA tempeh market highlights
- An overview of the MEA tempeh market trends heading towards 2030. The MEA market generated a revenue of USD 520.0 million in 2023.
- The overall growth of the MEA market from 2023 to 2030. The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- A look at the MEA market revenues per segment in 2023. In terms of segment, frozen was the largest revenue generating type in 2023.
- The segment witnessing the fastest revenue growth within the market. Frozen is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 520.0 million |
| Market revenue in 2030 | USD 737.3 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Frozen |
| Fastest growing segment | Frozen |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frozen |
| Key market players worldwide | Tootie's Tempeh, Nutrisoy, Plant Power Fast Food, Maple Leaf Foods Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.1% of the global tempeh market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,545.8 million by 2030.
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Tempeh Market Scope
Tempeh market segmentation & scope
Source
Soya Beans
Muti-grain
Others
Distribution Channel
Food service
Retail
Hypermarkets & Supermarkets
Convenience stores
Online
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
ANZ
South Korea
Indonesia
Brazil
South Africa
Tempeh Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa tempeh market
Related regional statistics
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