Introduction to Kosher Food
Kosher or kashrut is a set of dietary laws governing Jewish life. Foods that are in accordance with these laws are known as kosher food. These laws have been derived from either Torah (direct word of god) or Talmud (word of god passed on from one generation to another). Kosher food is mainly categorized into three categories- meat, dairy, and pareve. Kosher food is not a style of cooking; rather, these are a set of rules which form the foundation of kosher food. These are not only famous among Jewish society, but non-Jewish society as well.
Market Size and Forecast
The kosher food market is anticipated to record a significant CAGR over the forecast period of 2020-2028. The quality and safety that certified kosher food provide assures the health-conscious people. Increasing disposable incomes, improving living standards, rising consciousness about health, and large-scale promotions of kosher food have tremendously contributed to the gaining popularity of this new food market. The demand for kosher certified food is increasing as these foods contain natural new additional flavours and natural preservatives which improves their shelf life and maintain the quality by reducing the effect of microorganisms.
The global kosher food market is segmented by product type into meat, dairy, and pareve. The pareve segment includes vegetables, grains, eggs, fish, unprocessed juices, soft drinks, tea and coffee. The segment held the largest market share as it can be eaten with both dairy as well as meat products. The increasing demand for dairy and meat products, owing to the rising world population is thereby anticipated to drive the growth of the pareve segment in the global kosher food product market. CLICK TO DOWNLOAD SAMPLE REPORT
Based on application, the market is further divided into seafood, snacks & savoury, processed meat and poultry, beverages, bakery and confectionary, staples and others. Banking on the popularity of kosher snacks, the snacks and savoury segment is anticipated to contribute the largest market share in the growth of global kosher food market. Moreover, the popularity of kosher food coupled with the growing trend of online food delivery services is anticipated to boost the market growth over the forecast period. On the other hand, the processed meat and poultry segment is expected to show highest CAGR on account of increasing demand for meat and poultry products.
Rising Popularity of Healthy, Unique and Allergen Free Food to Boost Market Growth
In today’s world, people are becoming health conscious. As such, there is a rising demand for healthy and allergen-free food products, which is considered to be the major factor that is driving the growth for certified kosher food products. Moreover, rising demand for high-quality natural food products that are also provides gluten-free diet is further anticipated to drive the demand for kosher foods, and in turn the growth of the market.
Increasing Urban Population and Changing Lifestyles to Drive the Market for Kosher Foods
Rising urbanization in both developed and developing countries, along with increase in the disposable income of individuals, and the improving lifestyle enables consumers to try new and unique food cuisines, which is considered to drive the growth of the kosher food market. Additionally, the increasing demand for dine out culture is also anticipated to drive the demand for kosher food items in restaurants, and in turn the growth of the global kosher food market.
Increasing Demand for Meat and Dairy Products
The demand for meat and dairy products is rising day by day owing to the increasing population all over the world. Backed by the rising exports of meat and meat products around the world, and the need for meat products that can be trusted for quality and safety are some of the factors anticipated to drive the growth of the global kosher food market.
Issues in the Availability of Kosher Food Products
Kosher food is not easily available everywhere. Moreover, lack of professional chefs, who can cook kosher food, make its availability limited to urban areas. Additionally, the preparation of kosher food products are also complex and tricky, which makes people disinterested in the food, citing difficulty in preparation.
Lack of Universal Set of Standards for Kosher Food
Kosher food follows rules set by the Jewish community, which might cause friction amongst various religions due to their different style of preparation of the products. Handling such conflicts and avoiding controversies, along with setting a universal set of standards for kosher foods is one of the major challenges faced by this industry.
Threat of Substitute Products
Kosher foods face a tough competition within the food industry. Availability of a wide variety of substitute products and the complicated preparation of kosher food makes it easier for people to opt for substitutes. Moreover, the upcoming trend of veganism is also challenging the food industry in its own unique way. Such factors are expected to hamper the growth of the global kosher food market.
Our in-depth analysis of the kosher food market includes the following segments:
By Distribution Channel
On the basis of regional analysis, the global kosher food market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Currently, Europe region has a dominating market share in terms of revenue on the back of high demand for kosher foods and health consciousness among the population but, the North American market is forecasted to witness considerable growth rate over the period owing to the rise in health issues and lactose intolerance among patients. Asia-Pacific market is also anticipated to grow at a significant rate as the awareness about kosher foods is increasing in the region. Moreover, the market in Middle East region is anticipated to show a moderate growth rate over the forecast period.
The global kosher food market is further classified on the basis of region as follows:
North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
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