$33.2bn
$X.Xbn
124k
896
$X.Xbn
Revenue for the Tofu and Bean Curd Production industry in China is expected to grow at an annualized 8.4% over the five years through 2022. In 2022, revenue is expected to grow by 8.7%, to reach $33.2 billion, mainly driven by increasing domestic demand during the COVID-19 pandemic. Exports are estimated to account for only 8.4% of industry revenue in 2022.
Industry revenue has grown at a CAGR of 8.4% over the past five years, to reach an estimated $33.2bn in 2023.
Company
2022 | Market Share (%)
2022 | Revenue ($m)
2022 | Profit ($m)
2022 | Profit Margin (%)
2022 |
---|---|---|---|---|
Hangzhou Huayuan Bean Food Co. Ltd. | ||||
Hebei Gaobeidian DouDou Food (Group) Co. Ltd. | ||||
Jiaxing Jiajiale Foods Co. Ltd. |
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Industry revenue is measured across several distinct product and services lines, including Tofu, Bean curd products and Fermented bean curd. Tofu is the largest segment of the Tofu & Bean Curd Production in China.
<B>Tofu</B>
Revenue for the Tofu and Bean Curd Production industry in China is expected to grow at an annualized 8.4% over the five years through 2022. In 2022, revenue is expected to grow by 8.7%, to reach $33.2 billion, mainly driven by increasing domestic demand during the COVID-19 pandemic. Exports are estimated to account for only 8.4% of industry revenue in 2022.
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1392 - Tofu & Bean Curd Production in China
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Domestic Goods Prices - Agricultural - Crops - Grains. Soybeans are the main raw materials used to manufacture tofu and bean curd products. Therefore, increasing domestic soyb...
Learn about an industry's products and services, markets and trends in international trade.
<B>Tofu</B>
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Industry activity is concentrated in Shandong, Hunan and Sichuan provinces. Producers in these regions make up 35.6% of industry revenue.
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Economies of scale. Economies of scale enable enterprises to be more efficient and increase profit margins.
Learn about the performance of the top companies in the industry.
Established in 2000, Hangzhou Huayuan Bean Food Co. Ltd., formerly Hangzhou Huayuan Bean Curd Products Factory, has an annual processing capacity of 40,000 tons of soybean. Th...
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The Ministry of Commerce and local commercial departments govern the Tofu and Bean Curd Production industry in China.
Including values and annual change:
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The market size of the Tofu & Bean Curd Production industry in China is $33.2bn in 2023.
There are 896 businesses in the Tofu & Bean Curd Production industry in China, which has declined at a CAGR of 4.6% between 2018 and 2023.
The market size of the Tofu & Bean Curd Production industry in China has been at a CAGR of 8.4% between 2018 and 2023.
The Tofu & Bean Curd Production in China market is forecast to over the five years from 2023 to 2028
The biggest companies operating in the Tofu & Bean Curd Production market in China are Hangzhou Huayuan Bean Food Co. Ltd., Hebei Gaobeidian DouDou Food (Group) Co. Ltd. and Jiaxing Jiajiale Foods Co. Ltd.
Tofu production and Bean curd production are part of the Tofu & Bean Curd Production industry.
The company holding the most market share in China is Hangzhou Huayuan Bean Food Co. Ltd..
There are 124k employed in the Tofu & Bean Curd Production industry in China 2023.