Enjoy complimentary customisation on priority with our Enterprise License!
Kosher Foods Market size is estimated to grow by USD 12.78 billion between 2022 and 2027 accelerating at a CAGR of 6.36% during the forecast period. The growth of the market depends on several factors, including the rise in Jewish and Muslim populations, the online availability of kosher food products, and the growth in consumption by other communities.
This report extensively covers market segmentation by product (kosher pareve, kosher meat, and kosher dairy), distribution channel (supermarkets and hypermarkets, grocery stores, and online stores), and geography (North America, Europe, Middle East and Africa, South America, and APAC). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
To learn more about this report, Download Report Sample
The rise in Jewish and Muslim populations is notably driving the market growth, although factors such as the intense competition from halal foods may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The rise in Jewish and Muslim populations is one of the major drivers impacting the kosher foods market growth. The Jewish population is expanding at a stable pace globally. According to the AICE, in 2019, the global Jewish population was recorded at around 14.71 million, which was less than 1% of the global population. The population of Israel, home to the largest Jewish population globally, was around 6.8 million in 2019, which is 74% of the total Israel population. The Jewish population grew by nearly 6.2% during 2010-2019. The population is mainly concentrated in North America, the Middle East, and Europe.
However, it is declining steadily in Europe. Kosher foods are obtained and processed in accordance with halal food rules and restrictions. This makes kosher foods popular among Muslim consumers. The Muslim population is rising at a steady rate globally. Islam is the second-largest and fastest-growing religion in the world. Also, the low availability of halal food in a few countries like the US makes Muslims dependent on Kosher food. Thus, the rise in the Jew and Muslim population bases will drive the demand for kosher foods during the forecast period.
The development of apps for kosher foods is one of the major trends influencing the kosher foods market growth. According to the Torah, Jews must consume only kosher foods to keep their souls clean. But it becomes a challenge while traveling because, in some places, it is difficult to find kosher foods. Thus, to facilitate kosher tourism and help in finding kosher food joints, many new mobile apps are being developed. Most of the apps are designed to help find restaurants, grocery stores, product lists, minyanim, and mikvahs.
Most of these apps have GPS to detect the correct and real-time position of the person. Some of the kosher food apps include Kosher Near Me, Kosher GPS, OU Kosher apps, CRC Kosher, and KOSHERWHERE. Most of these apps operate only in a few parts of the world, but a few apps like KOSHERWHERE operate in many regions. There are also online apps for kosher food delivery like KEATOV.com. The development of kosher apps will increase the availability and ease of buying kosher foods, thereby increasing the demand for kosher foods.
Intense competition from halal foods is one of the major challenges impeding the kosher foods market growth. Halal foods and kosher foods follow two religious ways in terms of slaughtering animals and consuming foods. Halal meat is slaughtered, processed, and made according to Islamic rules and dietary laws, while kosher meat is slaughtered, processed, and prepared according to Jewish dietary laws, the Kashrut. The slaughter techniques are quite similar, and both are considered hygienic and healthy foods.
However, halal foods are more popular across the globe than kosher foods. This is primarily because the Muslim population is larger than the Jewish population. The Muslim population accounted for around one-quarter of the global population, while the Jewish population was around 0.2% of the global population. Halal foods are more popular in APAC and MEA. In these regions, people from other communities also recognize halal labels easily. Thus, the demand for halal foods is increasing not only in Muslim nations but also in non-Muslim nations.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Kosher Foods Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Bobsredmill - The company offers kosher foods such as 10 Grain Bread Mix. Also, through this segment, the company offers flours and meals, and such products include Almond Flour, Cassava Flour, Unbleached White All Purpose Flour, Whole Wheat Pastry Flour, and others.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the kosher pareve segment will be significant during the forecast period. In this segment, the ease of cooking and supplementing kosher food (meat or dairy) has increased the demand for pareve foods in the market, which will contribute to the growth of the global kosher foods market during the forecast period.
Get a glance at the market contribution of various segments Request a PDF Sample
The kosher pareve segment was valued at USD 12.48 billion in 2017 and continue to grow by 2021. Pareve means neutral, and the kosher pareve segment includes foods that are neither meat nor dairy and are not prepared or processed with either of these products. However, pareve foods can be served and consumed with meat and dairy products. Some examples of pareve products include fruits and vegetables, nuts, seeds, grains, tofu, plant proteins, confectionery products, beverages, and other related products that do not contain meat and dairy products in any form. Products such as fruits, vegetables, grains, and nuts must be checked before purchasing to avoid the presence of bugs, insects, or larvae to be considered kosher. Such factors will increase the market growth during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
North America is estimated to contribute 51% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America is the largest market for kosher foods. The key countries in this region, in terms of kosher food consumption, are the US and Canada. The US is the largest market for kosher products globally. In the US, kosher foods are preferred by both Jew and Muslim populations bases. The inadequate availability of halal foods has led to higher consumption of kosher foods by the Muslim population. However, religion plays a secondary role in determining the sales of kosher foods in the US. The key reason that is driving the market is that kosher foods are considered safe and healthier in comparison to other food products because of the strict dietary laws and regulations, taste, and flavors. Food companies in the country operate with kosher certification bodies like the Orthodox Union (OU). Further, most modern retail channels have dedicated shelves for kosher foods. Such factors will increase the market growth in this region during the forecast period.
The outbreak of COVID-19 had a negative impact on the regional kosher foods market in 2020. However, in 2021, owing to the large-scale vaccination drives, various business and industrial activities resumed, such as the production of kosher foods. Many companies launched new mobile apps to help with kosher travel and make it easier to find kosher restaurants, which increased the demand for kosher foods. The production cycle of kosher applications increased the availability and comfort of purchasing kosher items. In addition, the growing affluent Jewish population increased health consciousness and increasing urbanization, which, in turn, is expected to fuel the growth of the global kosher foods market during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
|
Kosher Foods Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
172 |
|
Base year |
2022 |
|
Historic period |
2017-2021 |
|
Forecast period |
2023-2027 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 6.36% |
|
Market growth 2023-2027 |
USD 12.78 billion |
|
Market structure |
Fragmented |
|
YoY growth 2022-2023(%) |
6.01 |
|
Regional analysis |
North America, Europe, Middle East and Africa, South America, and APAC |
|
Performing market contribution |
North America at 51% |
|
Key countries |
US, Canada, Israel, France, and UK |
|
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
AGRANA BEteilgungs AG, Archer Daniels Midland Co., Aron Streit Inc., BASF SE, Bobs Red Mill Natural Foods Inc., Cargill Inc., Conagra Brands Inc., Eden Foods Inc., Empire Kosher Poultry LLC, First Foods Group Inc., General Mills Inc., Kayco Co., Kellogg Co., Nestle SA, PepsiCo Inc., Profile Solutions Inc., Taja Beverages, The Kraft Heinz Co., Unilever PLC, and Dairy Farmers of America Inc. |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Get the report (PDF) sent to your email within minutes.
