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Kosher Beef Market Is Likely To Reach A Value Of US$ 114 Billion By 2032

02-23-2024 08:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Kosher Beef Market Is Likely To Reach A Value Of US$ 114 Billion

In 2021, the market for kosher beef reached a value of US$ 66.65 billion, projected to rise to US$ 70 billion in 2022. Over the forecast period from 2022 to 2032, the kosher beef market is anticipated to grow at a compound annual growth rate (CAGR) of 5%, reaching a total market value of US$ 114 billion.

Despite facing a decline due to the COVID-19 pandemic, the kosher beef market showed a consistent sales increase from 2017 to 2021, with a value CAGR of 5.3%. The resilience of sales is expected to continue in the coming years.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7460

The demand for kosher beef is bolstered by its nutritional benefits, particularly in muscle strengthening. Additionally, the widespread availability of kosher beef through offline distribution channels contributes significantly to its sales.

As global activities gradually return to pre-pandemic levels, the sales of kosher beef are predicted to rebound. During the forecast period, the United States and China are anticipated to be the primary drivers of growth in the kosher beef market. Overall, the market for kosher beef is poised to grow 1.6 times from 2022 to 2032.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐“๐ซ๐ž๐ง๐๐ฌ:

Increasing Consumer Awareness: There's a growing awareness among consumers regarding the quality and standards associated with kosher products, including kosher beef. This heightened awareness is driving demand for kosher-certified beef products.

Health and Nutrition Concerns: Consumers are increasingly prioritizing health and nutrition in their food choices. Kosher beef, known for its stringent production standards and adherence to specific dietary laws, is perceived as a healthier and safer option by many consumers.

Diverse Consumer Base: The demand for kosher beef is not limited to the Jewish population. A significant portion of non-Jewish consumers also purchase kosher beef due to its perceived quality, cleanliness, and ethical production practices.
Expansion of Distribution Channels: Kosher beef products are becoming more widely available through various distribution channels, including supermarkets, specialty stores, and online retailers. This increased accessibility is driving sales and market penetration.

Product Innovation: Manufacturers are introducing innovative kosher beef products to cater to evolving consumer preferences. This includes value-added products such as pre-marinated cuts, ready-to-cook options, and organic or grass-fed varieties.

Globalization of Kosher Certification: The globalization of kosher certification agencies has facilitated the entry of kosher beef into new markets worldwide. As a result, kosher beef is becoming increasingly popular beyond traditional Jewish communities.

Cultural and Religious Influences: Cultural and religious factors continue to play a significant role in driving demand for kosher beef, particularly during religious holidays and special occasions where kosher dietary laws are observed.

Sustainability and Ethical Considerations: Many consumers are seeking out kosher beef due to its perceived ethical and sustainable production practices, including humane treatment of animals and environmentally friendly farming methods.

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐

โ€ข Solomon Kosher Butcher
โ€ข Tevya's Ranch
โ€ข Rosenblatt Meats
โ€ข Grow & Behold Foods
โ€ข Zephyr Foods, LLC
โ€ข American Foods Group
โ€ข Kol Foods
โ€ข Assa Abloy
โ€ข Aufschnitt Meats
โ€ข Springfield Group Inc.
โ€ข Cutting Edge Foods
โ€ข FreshDirect

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Prominent kosher beef suppliers are sourcing kosher beef organically and are exporting the same to different geographical regions.

โ€ข In August 2021, FreshDirect partnered with Cutting Edge Foods, manufacturer of Real Fresh Kosher Beef. The company is focusing on sourcing beef directly from the origin to offer fresh beef.
โ€ข In January 2022, Argentina's minister of Agriculture has allowed the exportation of beef production to the Israeli market for the year 2022. This, in turn, will expand the sales of kosher beef in Israel.

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Š๐จ๐ฌ๐ก๐ž๐ซ ๐๐ž๐ž๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ

โ€ข Kosher Beef Market by Cuts :
o Kosher Beef Brisket
o Kosher Beef Shank Cut
o Loin Kosher Beef Cut
o Others Kosher Beef Cuts

โ€ข Kosher Beef Market by Distribution Channel :
o Online Kosher Beef Sales
o Offline Kosher Beef Sales

โ€ข Kosher Beef Market by Region :
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East & Africa

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž: https://www.factmr.com/report/kosher-beef-market

๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

Beef Flavors Market: https://www.factmr.com/report/beef-flavors-market

Fresh Meat Packaging Market: https://www.factmr.com/report/fresh-meat-packaging-market

Beef Jerky Market: https://www.factmr.com/report/2130/beef-jerky-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
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United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

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