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Kosher Beef Market Size, Growth, 2025 | Industry Analysis Report

Kosher Beef Market Analysis Report By Cuts, By Application, By Distribution Channel, By Region And Segment Forecasts From 2019 To 2025

Report ID: MN17619671  |  Published: May 2020  |  No of Pages: 80
Format: Electronic (PDF)  |  Industry: Consumer Goods  |  Publisher: Grand View Research

Industry Insights

The global kosher beef market size was accounted for USD 197.81 billion in 2018. The market is expected to witness a CAGR of 3.3%, during the forecasted years, 2019 to 2025. This growth can be attributed to rising demand for meat with the required certifications across developed countries like Canada, U.S., Germany, France, and U.K. Moreover, continuous product developments and innovation being carried out by meat manufacturers are expected to impact positively on the market growth.

Rising population of Jewish people from 2005 with a rate of 0.78% is expected to propel the product demand. Moreover, increasing growth rate of healthy people has paved the way for the market growth. Since, 41% of the overall Jewish population resides in the U.S., the demand for kashrut foods is largely seen across the whole regions. Since, this population strictly follows kashrut practices; the market for kosher beef is anticipated to register significant growth during the forecast period, 2019 to 2025.

U.S. kosher beef market

Beef can now be considered as an integral part of diet of majority of the Americas owing to various health benefits. Advantages like tissue repair, illness prevention, and muscle building can be obtained by consuming beef owing to presence of amino acids. Higher protein content helps in weight loss and decreases hunger pangs. Iron-rich red meat enhances hemoglobin levels in the body and thus acts as a medicine for anemia patients.

Shifting food trend for consumption of Jewish food is gaining popularity across the globe. Thus, majority of the food providers have started including kashrut food in preparation of food items. Key manufacturers of kosher beef are engaged in product development and new product launches to boost their sales, thereby fueling the market demand across the globe.

Cuts Insights

In 2018, the rib cut segment held the largest market share of more than 25% across the global market. These products are often slow grilled, barbequed and smoked. The products like roasted beef and rib-eye steak are gaining popularity across the globe. These products offer a good flavor for roasting, barbeque, and grilling. As numbers of delicacies are being experimented by chefs, the demand for such products is anticipated to boost the growth during the forecasted years, 2019 to 2025.

The segment of chuck, neck, and shoulder is anticipated to register the highest growth at a CAGR of 3.7% in the upcoming years. This growth can be attributed to rising polarity of dishes like neck stew, braised neck, stroganoff, kimchi, and pot roast. Thus, the rising demand for kosher beef among the foodservice providers is anticipated to positively impact the market growth in the upcoming years.

Distribution Channel Insights

In 2018, the offline distribution channel segment held the largest market share across the global market. This can be attributed to ease of availability of this kosher food across the globe. Moreover, rising number of stores like supermarkets and butcher houses that sell these products is anticipated to boost the kosher beef market growth for such products during the forecasted years, 2019 to 2025. Since, slaughtering of kosher is a complex process; consumers prefer meat that is prepared manually rather than that which is being manufactured using technology. In addition, the trend for physical verification of these food items is becoming prominent among the consumers, thereby increasing the demand for such products through offline mode of distribution channel.

The online segment is anticipated to register a CAGR of 3.7% during the forecasted years, 2019 to 2025. This growth can be attributed to rising influence of internet and smartphones among the millennial and working population. Emergence of e-retailers like Grow & Behold Foods and AviGlatt.com is also expected to positively impact the market growth in the upcoming years.

Application Insights

In 2018, the B2B application segment held the largest share of greater than 50% in the global kosher beef market. This growth can be attributed to rising demand for kosher beef from restaurants, hotels, food chains, and cafes. For the last few years, many food joints have included kosher beef in their food items like roast, burger, soups, casseroles, nachos, soups, and stew.

 Global kosher beef market

Many organizations are investing in R&Ds to enhance the usage of kosher beef in manufacturing of various food items. This meat is sold in various forms like sausages, salamis, and bacon. EPIC; Sikorski; Barossa Fine Foods and Paulina Market are some of the key players serving these food items. Many restaurants like Bison & Bourbon are being considered as excellent steakhouses across the globe. 

Regional Insights

In 2018, North America held the largest share of around 25% across the global market. This can be attributed to the fact that 41% of the overall Jewish population reside in U.S. Though, this fraternity is only 2% of the overall population, around 40% of the food items across this region are being labeled as kosher. Moreover, rising awareness about health benefits on consumption of these food items is expected to drive the market growth in the upcoming years.

Middle East and Africa is expected to witness the highest growth across the global market. This growth can be attributed to presence of large number of Jewish people in Israel. Moreover, import of these products is increasing for the last few years. For example, more than 75000 tons of these products were imported per year. In addition, countries like Poland and South Africa contribute to this import. Moreover, live cattle are also being supplied to Israel from most of the European countries.

Kosher Beef Market Share Insights

The market includes key players such as AROMA MARKET, Hamilton Kosher, Tyson Foods, Best Market, Larry Levine, Sammy’s K and Lipman's. This market is anticipated to register growth in the upcoming years owing to the health benefits on consumption of kosher foods. In countries like Israel, many food chains have extended their product offerings to include kosher labeled foods.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Billion and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa

Country scope

U.S., Canada, France, U.K., Australia, Argentina, Brazil, Israel and South Africa

Report coverage

Revenue forecast, company share, competitive landscape, and growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis on latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global kosher beef market report based on cuts, application, distribution channel, and region:

• Cuts Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2015 - 2025)
    • Neck, Chuck and Shoulder
    • Rib
    • Plate
    • Brisket
    • Shank

• Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2015 - 2025)
    • B2B
    • B2C

• Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2015 - 2025)
    • Online
    • Offline

• Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2015 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • France
        • U.K.
    • Asia Pacific
        • Australia
    • Central & South America
        • Argentina
        • Brazil
    • Middle East and Africa
        • Israel
        • South Africa

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