Main Difference
The main difference between Tofu and Paneer is that the Tofu is a soy-based food used that is a protein source and Paneer is a fresh cheese common in the Indian subcontinent
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Tofu
Tofu, also known as bean curd, is a food prepared by coagulating soy milk and then pressing the resulting curds into soft white blocks. It is a component in East Asian and Southeast Asian cuisines. Tofu can be soft, firm, or extra firm. Tofu has a subtle flavor and can be used in savory and sweet dishes. It is often seasoned or marinated to suit the dish.
Tofu has a low calorie count and relatively large amounts of protein. It is high in iron, and it can have a high calcium or magnesium content, depending on the coagulants used in manufacturing (e.g. calcium chloride, calcium sulfate, magnesium sulfate).
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Paneer
Paneer (pronounced [pəniːr]) is a fresh cheese common in the Indian subcontinent. It is an unaged, non-melting soft cheese made by curdling milk with a fruit- or vegetable-derived acid, such as lemon juice. Its acid-set form, (cheese curd) before pressing, is called chhena.
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Tofu (noun)
A protein-rich food made from curdled soy milk.
“bean curd”
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Tofu (noun)
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Paneer (noun)
A soft, non-matured, Indian cheese.
“The spinach was mixed with paneer to make a satisfying meal.”