Kosher Food Market 2022: Analysis, Size, Share, Growth, Demand and Forecast 2027
According to the latest report by IMARC Group, titled “Kosher Food Market: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the kosher food market share. The global kosher food market reached a value of US$ 19.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.8 Billion by 2027, exhibiting a CAGR of 3.8% during 2022-2027.
Kosher foods are prepared according to the Jewish dietary regulations that necessitate complete isolation of dairy and meat-based products obtained from seafood, pigs, camels, rabbits, kangaroos, horses, predatory birds, and ruminant animals. They involve the use of meat, dairy, and pareve products obtained through a ritualistic manner and optimal safety standards to prepare pasta, bread, cereals, juices, energy drinks, snacks, and frozen meals. They possess various health benefits, such as minimizing the risks of developing Escherichia coli (E. coli) and lowering blood cholesterol levels.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The rising prevalence of lactose and gluten intolerance and celiac diseases among individuals is positively influencing the demand for kosher foods globally. In addition, shifting consumer preferences towards the allergen-free, clean label, and organic food products is contributing to the market growth. Furthermore, the increasing consumer demand for ethically and locally sourced ingredients is offering lucrative growth opportunities to industry players. Moreover, quick-service restaurants (QSRs), hotels, and cafes worldwide are focusing on including high-quality kosher-certified foods in their menu to provide their customers with a unique and authentic experience.
Breakup by Type:
Buckwheat
Seafood
Lamb
Pulses
Others
Breakup by Application:
Culinary Products
Snacks and Savory
Baker and Confectionery Products
Meat
Beverages
Dietary Supplements
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Grocery Stores
Online Stores
Breakup by Region:
North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Blommer Chocolate Company (Fuji Oil Co. Ltd)
Bob’s Red Mill Natural Foods
Cargill Incorporated
Conagra Brands Inc
Dairy Farmers of America Inc
Empire Kosher Poultry LLC (The Hain Celestial Group Inc.)
General Mills Inc
Kellogg's Company
Nestlé S.A
PepsiCo Inc
The Kraft Heinz Company
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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