IMARC Group, a leading market research company, has recently releases report titled “Kosher Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the kosher food market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the kosher food market?
The global kosher food market size reached US$ 20.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.69% during 2023-2028.
What is the kosher food?
Kosher foods refer to edibles and drinks prepared following Jewish dietary rules that mandate complete segregation of dairy and meat-based items stemming from certain animals like seafood, pigs, rabbits, camels, kangaroos, horses, predatory birds, and ruminant animals. The production of kosher foods involves the usage of meat, dairy, and pareve ingredients acquired via ritualistic means, which are then used in manufacturing bread, pasta, juices, cereals, frozen meals, snacks, and energy drinks. Kosher animals (except fish) are permissible for consumption only after ritual slaughter, as stipulated by Jewish dietary laws.
Kashrut law enforces stringent rules concerning the separation of meat and dairy products. Items that do not contain either meat or milk are categorized as Parve, which can be combined with dairy and meat-based dishes. Kosher foods offer various advantages, including superior quality and safety standards, reduced chances of E. Coli contamination, assistance in managing blood cholesterol levels, and suitability for vegetarian individuals. As a result, kosher foods are gaining immense traction among Jewish and non-Jewish communities across the globe.
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What are the growth prospects and trends in the kosher food industry?
The global kosher food market is primarily driven by the growing incidence of lactose intolerance. Kosher food is especially beneficial for individuals with conditions such as celiac disease and intolerances to dairy and gluten. Moreover, the escalating demand for kosher food items among non-Jewish consumers and the shifting consumer inclination toward allergen-free, clean-label, and organic food products are positively influencing the market growth. Food manufacturers are adopting kosher items to create snacks and savory goods, including rolls, wraps, sandwiches, bread, nachos, crackers, chips, gushers, and peanut butter. Along with this, the rising use of kosher food in bakeries and confectionery goods such as cookies, pies, pastries, and muffins represents another major growth-inducing factor. Besides, the increasing consumer preference for ethically sourced and locally procured ingredients has accelerated the product adoption rate.
Additionally, quick service restaurants (QSRs), hotels, and cafes are experimenting with top-quality kosher-certified foods to offer a distinct and authentic culinary experience to their patrons, which in turn has escalated the product demand. Furthermore, the rising demand for food ingredients certified as kosher containing various new flavors and natural preservatives to maintain the quality, extend the shelf life of products, and reduce microbial spoilage is contributing to the market growth. Other factors, including growing consumer health consciousness, increasing demand for vegan dietary products, elevating living standards, surging adoption of kosher food among people with celiac disorders, and inflating disposable incomes, are also anticipated to drive the market further.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Buckwheat
- Seafood
- Lamb
- Pulses
- Others
Breakup by Application:
- Culinary Products
- Snacks and Savory
- Bakery and Confectionery Products
- Meat
- Beverages
- Dietary Supplements
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Grocery Stores
- Online Stores
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
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Who are the key players operating in the industry?
The report covers the major market players including:
- Blommer Chocolate Company (Fuji Oil Co. Ltd)
- Bob’s Red Mill Natural Foods
- Cargill Incorporated
- Conagra Brands Inc.
- Dairy Farmers of America Inc.
- Empire Kosher Poultry LLC (The Hain Celestial Group Inc.)
- General Mills Inc.
- Kellogg's Company
- Nestlé S.A.
- PepsiCo Inc
- The Kraft Heinz Company
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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