Kosher Food Market: Current Analysis and Forecast (2022-2028)

Kosher Food Market: Current Analysis and Forecast (2022-2028)

The kosher food market is expected to register a CAGR of approx. 4% over the period of 2021-2027. Kosher foods are foods and drinks that the Jewish diet allows people to eat. It's not a cooking style. Not all Jews are Kosher, and Kosher foods are not unique to Jews. Scholars believe that the Jewish diet may be the first known food law. The general principles of keeping are contained in the law, which is part of the Jewish Bible. There is a commandment (called Mitzvah) that must be obeyed in order to obey God. Staying in Kosher is one of them. The rising demand for kosher food is because of the rise in demand for high-quality and safer food products among various consumers. In addition, the rising prevalence of lactose intolerance in the population is contributing to the growth of the kosher food market. For instance, according to MEDLINE Plus, approximately 65 percent of the human population has a reduced ability to digest lactose after infancy. Lactose intolerance in adulthood is most prevalent in people of East Asian descent, with 70 to 100 percent of people affected in these communities. Furthermore, the high demand for growing proclivity of ethically sourced and locally sourced ingredients and increasing health awareness, and changing lifestyles are expected to drive the market.

Bob's Red Mill, CARGILL INC., Conagra Brands Inc., Dean Foods, Empire Kosher, Nestle S A, The Hain Celestial Group, Inc. (Hain Celestial), PepsiCo (Tropicana), Unilever plc, GENERAL MILLS INC. (YOPLAIT). are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with kosher food.

Insights Presented in the Report
"Amongst Type, the pareve category accounted for the majority share in the market in 2020”

Based on type, the market is classified into pareve, seafood, lamb, and others. Amongst types, the pareve category accounted for a significant share in the market. The adoption of kosher pareve certified products is becoming more popular among individuals driving the segment growth. Further, the rising demand for high-quality natural food products that also provides a gluten-free diet is further anticipated to drive the demand for kosher foods.
"Among Application, the meat is expected to witness highest CAGR during the forecast period”

Based on application, the market is categorized into culinary products, snacks, and savory, bakery and confectionery products, meat, beverages dietary supplements. Among these, the meat is expected to witness the highest CAGR during the forecast period owing to the consumption of kosher foods by non-Jewish consumers, own-branded suppliers reaching major market players, and a surge in demand for kosher-certified frozen meat products from various consumers in all the regions.
"Among Distribution Channel, the offline stores is expected to witness highest CAGR during the forecast period”

Based on end-users, the market is categorized into offline stores and online stores. Among these, the offline stores are expected to witness the highest CAGR during the forecast period owing to the increase in retail sales channel penetration in developing markets.
"North America to witness significant growth during the forecast period”

For a better understanding of the market dynamics of the kosher food market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. North America constitutes a major market for the kosher food market industry and generated revenue in 2020 owing to well-established market players and increased demand from the food & beverage industry in the region.

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