PMR - Kosher Food Market to Grow at a Healthy CAGR by 2022

Food preparation techniques vary from culture to culture, so there’s no “universal” way of making food as taste preferences and dietary restrictions differ from person to person. Individuals belonging to a certain culture or religion, however, might adopt an identical method of preparing food. And, the influence of one’s faith plays a big hand in terming such methods as culinary techniques devised from religious dietary laws. Kashrut, a Jewish dietary law, is one such exemplary specimen of cultural food-making practice turning into globally popular cuisine. Prepared under the requirements of such law, kosher foods are now recognized by culinary experts as some of the widely-consumed and popularly-preferred foods in the world.

Taste of kosher foods continues to intrigue people towards understanding this Jewish food preparation law in depth. The global market for kosher foods continues to incur growth by impulsive adoption of kosher foods by consumers looking to better their conventional diets. Several restaurants across the globe offer special menus for kosher food enthusiast, garnering more consumption and increasing exposure of such preparation techniques among untapped consumers. Besides the Jewish population, people from all walks of life can act as potential consumers of kosher foods, given that they concur with such preparation techniques. Since kosher foods are coined to provide holistic nutrition, several consumers are likely to link such foods to religious practices, similar to how Jewish consumers render it as a connection to their supreme religious entity.

Challenges, perhaps, involve a diminishing global appeal of kosher foods since they aren’t available as packaged or ready-to-eat products. Preparing kosher foods can be tricky for kitchen rookies, and attempt failures can further disinterest consumers from it. The global market for kosher foods is also expected to be restrained by lack of professionals equipped with kosher skills, and conflicting preferences over food and religion. Consumers from distinct faith might not opt for kosher foods if tentatively links them to Judaism, curbing the demand for kosher foods among consumers from discrete religious backgrounds. Furthermore, kosher preparation laws strictly prohibit the use of certain spices and ingredients, implicating businesses of industries associated to raw food market.

Considering the status of halal meat products in today’s global food & beverages industry, kosher foods are also likely to endure an identical course towards mass popularity. In fact, some of the well-established restaurant chains in North America, Europe and Asia have included novel kosher cuisines in their menus. The Jewish food preparation laws include provisions for people starving from hunger be availed with kosher food, regardless of their regional orientation. Such trends in the global kosher food market increase their consumption for social causes such as food donation drives.

The global market for kosher foods continues to incur growth under the bifurcation of food-types and application. Seafood, lamb, pulses, and buckwheat, among others are some of the chief types of kosher foods that induce higher demand in the global market. Since conservative Jewish preparation laws prohibit eating seafood and meat together, indicating that segments such as lamb and seafood might exhibit distinctive growth and contend each other in terms of dominant food-type segment. Growth of the global kosher foods market is also fragmented on the basis of applications such as dietary supplements, culinary products, meat, snacks and savories, confectionaries and bakery products, and beverages, which further include carbonated drinks segment and non-carbonated drinks segment.

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Higher Jewish populace in North American countries such as the US and Canada is expected to continue driving the growth of the region’s kosher foods market. Thousands of US companies have been actively participating in global production of quality kosher foods. Europe is also expected to be leading region in the global kosher foods market, particularly in terms of consumption.

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Production of kosher foods continues to face preservation challenges, nevertheless, advanced food processing equipment are likely to ease up growth impedance due to such issues. AGRANA Starke GmbH, Nectar Lifesciences Ltd., Hayman Limited, 3F Industrial Limited, Nestle, AGC Chemicals (Thailand) Co. Ltd., GlaxoSmithKline, ADM Milling System, and Unilever, among others, are some of the prominent companies participating in the global market for kosher foods.

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