Product segments performance in the global tempeh market

The global tempeh market is expected to grow at a CAGR of 4.27% during the forecast period. Based on product, the global tempeh market has been segmented into fresh tempeh and frozen tempeh.

Fresh tempeh products have a shorter shelf life in comparison with frozen tempeh products. These products are generally available in the unpasteurized form. These products can be refrigerated at 33.8°F-39.2°F, and once thawed it is recommended to consume them within two to five days. Fresh tempeh is widely consumed in Indonesia, Malaysia, and Singapore. Fresh tempeh has a yeasty and mushroom-like aroma. Also, it has a superior taste and texture as compared with frozen variety.

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The growing awareness among consumers about the health benefits of fresh tempeh and the increasing number of organized retailing outlets in the world that offer fresh tempeh products are the major drivers that are estimated to impact the growth of the fresh tempeh segment, which, in turn, will boost the growth of the global tempeh market during the forecast period.