Tempeh Market 2024-2034: Trends, Growth & Opportunities

The global tempeh market is on a significant growth trajectory, with its market value anticipated to increase from USD 5.2 billion in 2024 to USD 7.8 billion by 2034, reflecting a steady CAGR of 6% during the forecast period. This growth is fueled by the rising preference for plant-based diets, the demand for meat substitutes, and growing consumer awareness about sustainable and health-centric food options. Tempeh’s high protein content, probiotic benefits, and versatility as a meat substitute have established it as a vital component in the global plant-based protein industry.