Kosher Foods Market Outlook
According to the report by Expert Market Research (EMR), The Global Kosher Foods Market Growth, Trends, Analysis, Report and Forecast 2024-2032″, the kosher foods market reached a value of approximately USD 34.5 billion in 2023. Aided by the rising demand for clean-label food products and expanding applications of kosher foods in multiple sectors, the market is projected to further grow at a CAGR of 6.70% between 2024 and 2032 to reach a value of USD 50.91 billion by 2032.
Kosher foods refer to those food products that conform to the regulations of kashrut, the Jewish dietary law. These laws detail the types of food that can be consumed and the ways they should be prepared and processed. The kosher certification ensures that the food products are made according to the strict dietary standards of Judaism. Apart from being consumed by the Jewish population, kosher foods are gaining popularity among non-Jewish consumers due to their perceived health and safety benefits.
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The escalating consumer preference for clean-label food products is a significant factor propelling the global kosher foods market growth. As consumers become increasingly health-conscious, there has been a notable shift towards food products that are free from artificial ingredients, GMOs, and allergens. Given that kosher foods meet these criteria, the demand for them has surged, contributing to the market growth.
Additionally, the rising trend of consuming food products with specific dietary standards, like halal and vegan, has boosted the kosher foods market development. As kosher laws provide a meticulous framework for food production, they are often seen as a mark of quality and safety, appealing to a broad consumer base beyond the Jewish population.
The expanding applications of kosher foods in various industries also play a critical role in driving the kosher foods market expansion. In the food and beverage industry, kosher certified ingredients are extensively used in the production of various products like snacks, bakery products, dairy products, beverages, and meat products. This trend has been fuelled by the increasing consumer demand for transparency in food production and ethical consumption.
Further, the growing demand for dietary food alternatives in the food and beverage sector has led to an increased focus on kosher foods as viable options, thus increasing the kosher foods market demand. As people increasingly seek alternatives to standard food products due to health or ethical concerns, kosher foods have emerged as a popular choice.
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Kosher Foods Market Segmentation
The market can be divided based on application, distribution channel, and region.
Market Breakup by Application
- Culinary Products
- Snacks and Savoury
- Bakery and Confectionary
- Meat and Dietary Supplements
Market Breakup by Distribution Channel
- Supermarket and Hypermarket
- Grocery Stores
- Online Stores
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Kosher Foods Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global kosher foods companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Bob’s Red Mill Natural Foods
- Cargill, Incorporated
- Conagra Brands, Inc
- Dairy Farmers of America, Inc.
- Empire Kosher Poultry, LLC
- Nestlé S.A.
- Kellogg’s Company
- Blommer Chocolate Company
- PepsiCo Inc.
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