Kosher Food Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Kosher Food Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The global kosher food market is poised for unprecedented growth, according to a comprehensive market outlook spanning from 2024 to 2031. The forecast indicates a remarkable expansion with a value-based Compound Annual Growth Rate (CAGR) of 12.0%, catapulting the market's revenue from US$ 50 Bn to an impressive US$ 110 Bn by the end of 2031.

Driving Forces of Growth

Growing Demand of Kosher Food from Diverse Consumer Segments

The surge in demand for kosher food is primarily attributed to the steadfast preference from Jewish populations globally. With approximately 43% of the overall kosher market being covered by Jewish consumers, the trajectory of kosher food consumption is on a steadfast ascent. Notably, the appeal of kosher food extends beyond religious bounds, garnering significant interest from non-religious consumers. Over 60% of the kosher food consumer base comprises non-Jews, driven by factors such as health consciousness, taste preferences, and dietary restrictions.

Non-religious Factors Amplifying Demand

Kosher food's reputation for safety, quality, and ethical production practices is resonating strongly with non-Jewish consumers. Around 65% of consumers opt for kosher products for completely non-religious reasons, including health considerations, vegetarian preferences, and allergen avoidance. Social media platforms and online blogs dedicated to kosher food are instrumental in spreading awareness about its fitness qualities and health benefits, further bolstering its appeal among diverse consumer segments.

Kosher Fest: A Global Catalyst for Market Growth

The prominence of kosher food is further propelled by events like ""Kosher Fest,"" the world's premier trade show for kosher-certified products. With over 7,000 industry professionals and 400 suppliers and distributors participating annually, Kosher Fest serves as a vital platform for showcasing kosher-certified services and products. This event not only fosters brand promotion but also facilitates networking opportunities and educates industry players on the burgeoning demand for kosher-certified food worldwide.

Regional Insights

North America: A Hub of Kosher Food Innovation

The North American kosher food market has witnessed rapid growth in recent years, fueled by robust demand from both Jewish and non-Jewish consumers. In the United States alone, over 195 thousand kosher-certified food products have been introduced, with more than 19 thousand available in supermarkets and hypermarkets. Consumers in the region are increasingly drawn to kosher food for reasons extending beyond religious considerations, including health consciousness and taste preferences.

Middle East & Africa: Emerging Opportunities in Fast Food Chains

The Middle East & African kosher food market is experiencing a surge, driven by the burgeoning fast-food industry in GCC countries such as KSA, UAE, and Oman. Major fast-food chains like KFC, McDonald's, and Burger King are witnessing significant growth, further amplifying the demand for kosher meat and other food products. The presence of a sizable Muslim consumer base, coupled with their religious adherence to kosher standards, underscores the region's potential for kosher food market expansion.

Category and Raw Material Insights

Middle East and Africa: Snack Food and Staple Segments Lead Growth

In terms of application type, the snack food and staple segments are expected to witness substantial growth, with projected CAGRs of 14.9% and 12.2%, respectively. Snack food is poised to dominate the market, accounting for 48.4% value share by 2023 end. Similarly, staple foods are expected to capture 16.8% value share, driven by evolving food consumption patterns and the proliferation of food retail outlets in the region.

Europe: Pareve and Dairy Segments Steer Market Dynamics

The European kosher food market is characterized by the dominance of the pareve and dairy segments. Pareve products are projected to hold a significant value share of 62.1% by 2022 end, with a promising CAGR of 11.0% over the forecast period. The dairy segment, encompassing products like cheese, milk, and bakery items, is expected to witness robust growth owing to increasing consumer demand for kosher-certified dairy products.

Competitive Landscape

Leading players in the global kosher food market are actively engaged in aggressive promotion and product innovation to enhance their market positioning. The consolidated nature of the industry, coupled with a stable supply chain, is facilitating significant growth in kosher food sales worldwide.

Key companies profiled
• Empire Kosher Poultry, Inc. (Hain Celestial)
• Manischewitz Company
• General Mills
• Kellogg Company
• Cargill, Inc.
• Nestlé S.A.
• H.J. Heinz Company
• Conagra Brands Inc.
• Archer Daniels Midland Company (ADM)
• Dean Foods
• Avebe
• JACK'S GOURMET LLC
• Sally Williams Fine Foods
• KJ Poultry Processing
• Quality Frozen Foods Inc

Kosher Food Industry Research by Category

By Raw Material:
• Meat
• Dairy
• Pareve

By Application:
• Processes Meat & Poultry
• Seafood
• Staples
• Beverages
• Bakery & Confectionery
• Snack Food

By Region:
• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa

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