Global Kosher Food Market - 2023-2030

Global Kosher Food Market - 2023-2030

Market Overview

The Global Kosher Food Market reached US$ 20,456.2 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 28,211.8 million by 2030. The market is growing at a CAGR of 4.1% during the forecast period 2023-2030.

The global kosher food market is a growing industry with increasing demand for kosher-certified products among Jewish and non-Jewish consumers. The market is highly fragmented with a mix of large and small players. The key trends shaping the market include the availability of kosher-certified products in mainstream grocery stores, the popularity of plant-based and vegan kosher food products, and the emergence of new kosher food certification agencies.

Market Dynamics

Increasing Demand for High-quality and Safe Food Products Among Consumers Drives the Market Growth

The global kosher food market is expected to grow steadily in the coming years, driven by various factors. The main driver is the increasing demand for high-quality and safe food products among consumers, especially in regions with large Jewish populations. Kosher food products are perceived as meeting these criteria, as they adhere to strict dietary laws and undergo rigorous supervision and certification processes, which are factors driving the market growth.

Increasing Expansion of Kosher Food Production and Certification Drives the Market Demand

The expansion of kosher food production and certification in various regions, especially in Asia and Europe, where the Jewish population is relatively small but the interest in kosher food is high. It creates opportunities for kosher food manufacturers and distributors to tap into new markets and increase their sales and profits.

COVID-19 Impact Analysis

The COVID-19 pandemic has had a significant impact on the global Kosher food market. While the demand for Kosher-certified products has remained relatively stable, the pandemic has disrupted supply chains, causing shortages and price increases for some Kosher food products. However, increased awareness of kosher food among health-conscious consumers, the risen demand for natural and organic food products and the expansion of distribution channels such as online stores and supermarkets, which are led to the market expansion to continue the demand.

Ukraine-Russia War Impact Analysis

The Ukraine-Russia war has disrupted trade and supply chains, causing shortages and price increases for some kosher food products. Ukraine and Russia are both major producers of kosher food products, including meat and dairy products, and the conflict has disrupted the production and distribution of these products.

The conflict has also had a psychological impact on Jewish consumers, who may be hesitant to consume kosher food products produced in areas affected by the conflict. This has led to a shift in demand towards kosher-certified products produced in other regions, such as North America and Israel

Artificial Intelligence Impact Analysis

Artificial Intelligence (AI) can be used to analyze consumer data and identify trends and preferences, allowing food companies to develop new kosher-certified products and they are using it in product processing methods. that meet changing consumer needs and preferences.

Additionally, AI-powered marketing and sales strategies can help food companies better target and engage with kosher food consumers, driving demand and increasing market share.

Segment Analysis

The global kosher food market is segmented based on the food source, food product, distribution channel, and region.

Increased Use of Fertigation Methods by the Farmers

The seafood segment holds the largest share of the kosher food market in 2022. This is driven by the high demand for Kosher-certified seafood products among Jewish and non-Jewish consumers alike, who value the health benefits and sustainability of seafood. The popularity of Kosher seafood products has encouraged food companies to invest in kosher certification and expand their product lines and has driven market growth.

Geographical Analysis

Increased Innovations and Investments of Major Companies

The North American region accounted for the largest share of the market revenue, followed by Europe and Asia-Pacific. This region's highly developed food industry infrastructure and distribution networks have allowed food companies to efficiently produce and distribute Kosher-certified products to consumers.

The popularity of Kosher food products in North America has also led to the availability of Kosher-certified products in mainstream grocery stores, making them more accessible to non-Jewish consumers, which are factors that led to the dominance of the global kosher food market.

Competitive Landscape

The major global kosher food market players include Cargill Corp., General Mills Inc., Empire Kosher Poultry, LLC, Conagra Foodservice, Inc., Dean Foods, Nectar Lifesciences Ltd., Bob’s Red Mill Natural Foods, Nestle SA, Archer Daniels Midland Company and The Hain Celestial Group.

Why Purchase the Report?
• To visualize the global kosher food market segmentation based on the food source, food product, distribution channel and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of kosher food market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Kosher Food Market Report Would Provide Approximately 61 Tables, 62 Figures and 123 Pages.

Target Audience 2023
• Manufacturers / Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies