The kosher foods market size is projected to be valued at USD 42.64 Billion in 2023 and is expected to rise to USD 78.55 Billion by 2033. The sales of kosher foods are expected to grow at a significant CAGR of 6.3% during the forecast period. Various factors propelling the demand for kosher foods are:
Kosher is emerging as a new food industry trend that is not limited to the Jewish community but has been accepted by consumers of all religious communities.
Kosher foods are foods and beverages that are produced in accordance with Jewish dietary regulations. Kosher food laws require the complete separation of milk and animal products derived from seafood, pigs, rabbits, camels, kangaroos, and other animals.
Most Kosher food sales-nearly 80% take place outside of the traditional Jewish market. Consumers spend more than 200 billion USD a year on Kosher goods, and there are currently close to 1 million products with this certification. The Kosher mark has come to represent responsibility, quality, and food safety for millions of consumers.
Another factor contributing to this sudden surge in popularity is the professional cuisine sector. Chefs have been a driving force behind this culinary trend, creating new menus that rejoice in their heritage and create a connection with the past through flavor. This has been prominent in cities with large Jewish communities, such as New York, and is spreading across the Atlantic to the shores of the United Kingdom and Europe.
The rising popularity of kosher food will necessitate the certification of more products and businesses. With this growing food trend, producers must remain updated by obtaining the necessary certification in order to benefit from this latest development in consumer dietary preferences. Those who do so will benefit in the long run, as this appears to be a growing trend.
| Attribute | Details | |
|---|---|---|
| Kosher Foods Market Estimated Size (2023) | USD 42.64 Billion | |
| Kosher Foods Market CAGR (2023 to 2033) | 6.3% | |
| Kosher Foods Market Forecasted Size (2033) | USD 78.55 Billion |
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The authenticity of kosher foods
People are becoming more health conscious in today's world. As a result, there is an increasing demand for wholesome and allergen-free food products, which is thought to be the primary factor driving the growth of kosher food products. Furthermore, rising demand for high-quality natural food products that also provide a gluten-free diet is expected to drive demand for kosher foods market growth. The growing proclivity for ethically produced and locally sourced ingredients is a key trend driving kosher food demand. As they seek personalization in food production, new consumer segments continue to place their trust in the authenticity of kosher food.
The likeliness of kosher food among various religious communities
One of the key factors influencing the expansion of the kosher foods business is the increase in the populations of Jews and Muslims. Globally, the Jewish population is growing steadily. The AICE estimates that there were 14.71 million Jews worldwide in 2019, which is less than 1% of the world's population. Between 2010 and 2019, the Jewish population increased by almost 6.2%. Halal food laws and regulations are followed in the acquisition and processing of kosher food. Kosher food is, therefore, well-liked by Muslims. Globally, the number of Muslims is steadily growing. Muslims are also forced to rely on Kosher cuisine because of the limited supply of halal food in some nations, such as the US.
Kosher food to face hurdles which can inhibit market expansion
Kosher food isn't always simple to find, though. The shortage of trained chefs who can prepare kosher cuisine, which limits its availability to metropolitan areas, is anticipated to impede market expansion. Kosher food preparation is also tough and intricate, which discourages many from eating the food due to the perceived difficulty in preparation. Additionally, in October 2020, several European nations, including Sweden, Belgium, Norway, Iceland, Denmark, Greece, and Slovenia, outlawed Halal and Kosher ceremonial slaughter.
Digitization to aid kosher food market growth
One of the key trends influencing the expansion of the kosher food industry is the creation of applications for kosher foods. Customers, primarily Jews, find it challenging when traveling because it might be difficult to locate kosher food in some areas. So many new mobile apps are being created to aid with kosher travel and make it easier to locate kosher restaurants. The majority of the apps are made to be used in order to locate minyanim, mikvahs, grocery stores, restaurants, and product listings. Kosher Near Me, Kosher GPS, OU Kosher applications, CRC Kosher, and KOSHERWHERE are a few of the kosher food apps. Additionally, there are online apps like KEATOV.com for kosher meal delivery. The availability and convenience of purchasing kosher items will expand with the creation of kosher applications.
One of the segments, Kosher Pareve, is anticipated to grow at a 10.9% CAGR and reach USD 35.3 billion by 2033. In addition to a small number of Christians, the pareve market is predominantly driven by concentrations of Jews in particular regions of the world. Demand for kosher goods is allegedly rising as more vegetarians, health-conscious consumers, and persons with celiac disease, and lactose intolerance prefer them over other alternatives.
The United States of America, Canada, Japan, China, and Europe are expected to drive growth of 5.6% CAGR for the kosher dairy segment. By the end of the analysis period, these regional markets, which together had a market value of USD 5.6 billion in 2020, are expected to have grown to USD 7.9 billion. Over time, kosher dairy has become more and more well-liked, with tastes expanding beyond those of traditional Jewish cuisines. The belief that kosher food is safer, healthier, and manufactured without specific additives is what has led to the rise in popularity of the product.
The supermarkets & hypermarket category, which accounts for approximately three-fifths of the worldwide kosher food market, held the majority share in 2018 based on the distribution channel. The segment is growing as a result of increased retail sales channel penetration in developing regions and the accessibility of different brands of kosher-certified items.
Online would concurrently experience the fastest CAGR of 6.1% over the course of the predicted period. This is due to a growth in Internet usage around the world.
Due to the rising demand from the food and beverage industry, numerous types of kosher ingredients have seen greater rates of traction in the USA, which has led the market to reach a sizeable value of USD 9.6 billion. The general expansion of the kosher food market is influenced by a number of fundamental macroeconomic factors, including the rise in per-capita income and the penetration rate of the internet.
Europe has a sizable market share in terms of revenue share. The kosher community is growing favorably in Germany, with a growth rate of over 4.0%. Due to the historical presence of the Jewish population and the emerging gastronomic preferences, a strong industry is emerging, particularly in Milan. Italian agri-food firms have a fantastic potential to expand and establish themselves in foreign markets as a result of the rising demand for Italian cuisine globally and the rise of kosher-certified goods. In addition to having one-third of all kosher eateries in Europe, France boasts the highest proportion of practicing Jews on the continent.
By 2027, it is anticipated that the market in the Asia Pacific would reach USD 7.4 billion, with Australia, India, and South Korea leading the way. Due to the rising demand for various types of kosher food and food products manufactured in accordance with kashrut legislation, Asia-Pacific is predicted to have substantial growth in the future. In addition, the number of millennials, who are the main consumers of kosher cuisine, has increased significantly in the Asia-Pacific area. Therefore, it is projected that the growing millennial population will present lucrative opportunity growth for the kosher food business.
Kosher Meals to Go
An online-only restaurant called Kosher Meals to Go cooks and delivers kosher food (food compliant with Jewish dietary law). On its platform, products are listed under a number of categories, including meals, meat products, confections, salad, vegetarian meals, dairy-based meals, etc. furthermore offers food services under the L'Chaim catering brand.
KosherWhere
It is a global catering concierge service created to make traveling easier for kosher adherents. The business links tourists with vendors so they can easily acquire conventional kosher catering. Users can pre-order their favorite foods, and when they arrive at their hotel, the food will be ready. KosherWhere delivers freshly made cuisine to the tourists at their location.
Manufacturers are constantly expanding their supply chains
The kosher food business is fragmented due to the existence of numerous little players on a global scale. To meet consumer demand, businesses are expanding their product lines and product mix. To entice more customers, Nestle SA has introduced a variety of flavors for its breakfast cereals, including chocolate and honey. For foodservice operators, Cargill has introduced Diamond Crystal Fine Kosher Salt to enhance the flavor of fried dishes and seasonings. Year after year, elite players have been profitably utilizing the popularity of kosher food. They are promoting the significance of religious perspectives on food packaging as a crucial trend. Companies in the food industry who want to keep on top of developments are concentrating on nanotechnology.
For instance, the acquisition of Global Trust Certification Limited, a seafood certification business with its headquarters in Ireland, was announced by NSF Certification Ireland Limited in January 2021, an NSF subsidiary. Global Trust offers certification, auditing, and inspection services to clients all around the world.
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| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.3% from 2023 to 2033 |
| Base Year of Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD Million and Volume in Units and F-CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
| Key Segments Covered | By Product, By Distribution Channel, By Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East & Africa; Oceania |
| Key Countries Profiled | United States of America, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
| Key Companies Profiled | Archer Daniels Midland Company; BASF SE; Blommer Chocolate Company; Brooklyn Cookie Company LLC; Eden Foods, Inc.; Ice Chips Candy, LLC; Nestle SA |
| Customization & Pricing | Available upon Request |
The global Kosher Foods market is estimated to be valued at USD 42.64 Billion in 2022.
The Kosher Foods market is likely to grow at a CAGR of 6.3% from 2022 to 2032.
The Kosher Foods market is projected to reach a valuation of USD 78.55 Billion by 2032.
North America is projected to lead the global Kosher Foods market by 2033.
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