Kosher Food Market Expected to Achieve US$ 123.07 Bn by 2033 with Growing Consumer Trust in Quality-Certified Products

The global kosher food market is rapidly evolving, driven by both religious and secular demand for high-quality, ethically sourced, and allergen-conscious food products. With a projected value-based CAGR of 10.0% from 2023 to 2033, the market is expected to surge from its 2023 valuation of US$ 47,240.2 Mn to approximately US$ 123,073.9 Mn by 2033. Traditionally rooted in Jewish dietary laws, the kosher food segment is now expanding beyond its conventional boundaries to cater to a wider demographic that values food safety, transparency, and health benefits.

Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
https://www.persistencemarketresearch.com/samples/9791

One of the key growth drivers in this space is the growing awareness about food certifications among consumers. Increasing health consciousness, religious observance, and lifestyle changes have led to a steady uptick in kosher food consumption. The snack food segment leads in terms of application due to evolving eating habits and demand for convenient, certified products. Geographically, North America dominates the market, bolstered by a large Jewish population, extensive product availability, and growing interest among non-Jewish consumers in kosher products for perceived safety and health reasons.

Key Highlights from the Report

➤ The kosher food market is projected to grow at a CAGR of 10.0% from 2023 to 2033.
➤ The market size is anticipated to increase from US$ 47,240.2 Mn in 2023 to US$ 123,073.9 Mn by 2033.
➤ North America remains the leading region, accounting for a major share due to both religious and secular demand.
➤ Over 60% of kosher food consumers globally are from non-Jewish backgrounds.
➤ Snack food and staple categories dominate in terms of application, reflecting shifting consumption patterns.
➤ Pareve is the leading raw material segment in Europe with over 62% market share.

Market Segmentation

The kosher food market is segmented primarily based on raw material and application. In terms of raw material, three major categories exist-meat, dairy, and pareve. The pareve segment leads the European market with over 62% share due to its flexibility in being consumed with both meat and dairy, making it a preferred choice for kosher-observant and non-observant consumers alike.

By application, the market comprises processed meat & poultry, seafood, staples, beverages, bakery & confectionery, and snack food. The snack food segment is expected to dominate globally, accounting for approximately 48.4% market share by 2023-end, with a CAGR of 14.9%. Staples follow with a 16.8% share, showcasing strong consumer preference for basic yet certified kosher products.

Regional Insights

North America
North America, especially the United States, is the largest market for kosher food, with an estimated 195,000 kosher-certified food products launched in recent years. This surge is driven not only by religious adherence but also by health-conscious consumers seeking allergen-free, gluten-free, and ethically processed foods. Supermarkets and hypermarkets stock an ever-expanding range of kosher-certified goods to meet rising consumer demand.

Middle East and Africa
The Middle East and Africa (MEA) is witnessing substantial growth, especially in GCC countries such as Saudi Arabia, UAE, Oman, and Kuwait, where increasing per capita income and a booming fast-food industry are contributing to the rise of kosher meat and snack food consumption. Prominent fast-food chains are incorporating kosher-certified items into their menus to meet this new wave of demand.

Europe
In Europe, particularly in countries like France, locally manufactured kosher foods have a competitive edge over imported items due to price sensitivity. The region shows strong growth in the dairy segment, driven by kosher-certified cheeses, milk, and bakery products. Food service and retail sectors are actively sourcing kosher ingredients to meet varied consumer needs.

Market Drivers

One of the primary drivers behind the kosher food market's expansion is the increasing demand from non-Jewish consumers, who now account for more than 60% of the total market. These consumers often choose kosher foods for health, taste, and ethical reasons, including allergen avoidance (e.g., gluten, shellfish, and lactose). Another critical factor is the rising global Jewish population and the proliferation of kosher certifying bodies, which make it easier for brands to enter the market.

The growing presence of kosher-focused trade events like Kosher Fest, where companies showcase new products and innovations, further contributes to demand. Additionally, online platforms and food blogs are actively spreading awareness about the benefits of kosher diets, adding to the visibility and desirability of kosher-certified food products.

Market Restraints

Despite its significant growth trajectory, the kosher food market faces several challenges. Certification complexity is a notable barrier-obtaining kosher certification involves adhering to strict religious protocols, which may not be feasible for every producer, especially small and medium enterprises. Additionally, limited awareness in some emerging regions, coupled with the higher cost of kosher products, may deter price-sensitive consumers.

Market Opportunities

The kosher food market is ripe with opportunities, particularly in emerging economies where both Jewish and health-conscious populations are on the rise. There is a growing market for innovative kosher-certified food products, including plant-based and functional foods, catering to the vegan and fitness-oriented customer base. Partnerships between local retailers and international kosher brands are likely to expand product reach, while technological advancements in food traceability and certification processes offer avenues to boost consumer trust and market transparency.

Reasons to Buy the Report

✔ Gain comprehensive insights into market trends, segmentation, and future growth prospects.
✔ Understand the regional dynamics that influence market performance across geographies.
✔ Identify key growth drivers, restraints, and untapped opportunities in the global kosher food market.
✔ Learn about major players and their strategic initiatives for market penetration.
✔ Utilize data-driven insights to make informed business decisions and investment strategies.

Frequently Asked Questions (FAQs)

◆ How big is the kosher food market in 2023 and what is its projected size by 2033?
◆ Who are the key players in the global kosher food market?
◆ What is the projected growth rate of the kosher food market during 2023-2033?
◆ What is the market forecast for kosher food by 2032?
◆ Which region is estimated to dominate the kosher food industry through the forecast period?

Company Insights

• Empire Kosher Poultry, Inc. (Hain Celestial)
• B. Manischewitz Company
• General Mills
• Kellogg Company
• Cargill, Inc.
• Nestlé S.A.
• H.J. Heinz Company
• Conagra Brands Inc.
• Archer Daniels Midland Company (ADM)
• Dean Foods
• Avebe
• JACK'S GOURMET LLC
• Sally Williams Fine Foods
• KJ Poultry Processing
• Quality Frozen Foods Inc

Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 25.92, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

This release was published on openPR.