Global kosher foods market is anticipated to witness an exponential growth in the forecast period. Kosher foods are the ones falling under the gambit of Jewish dietary law. Factors such as high, increasing consciousness about its dietary quality, consumers’ inclinations toward healthy, allergen-free, and unique food products, and high demand for few kosher-related accessories and kosher cutleries are likely to drive the market in the forthcoming period.
On the other hand, strong competition from halal foods, weak supply chain infrastructure as compared to non-kosher foods, and the absence of unified kosher standards are anticipated to hinder kosher food market growth in the future. However, technological advancements are likely to create lucrative opportunities for the market. Globally, market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Kosher food market is segmented by type, application, distribution channel, and geography. Market is segmented by type as kosher dairy, Kosher pareve, and kosher meat. The end-users include Food and Beverage Industry, Supermarkets and Restaurants.
The “Food and Beverage Industry” segment accounts for a prominent share in the market. It is likely to witness substantial growth in the years to come. The kosher foods industry is segmented based on distribution channel as Offline and Online distribution. The “Offline” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come.
North America is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors such as kosher food products are safe. North America is followed by Asia-Pacific region owing to a surge in use of processed and packaged products.
Key players operating in the kosher foods market include Manischewitz, Kedem Food Products, Nestlé, Art Chocolatier, ADM, Streit’s, Bloomer Chocolate, BASF, Denovo Beverage, Brooklyn Cookie, Hodo Soy, Eden Foods, Levana Meal Replacement, and Ice Chips. The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Leading players of Kosher Foods including:
• Kedem Food Products
• Streit's Matzos
• Art Chocolatier
• BASF, Blommer Chocolate
• Brooklyn Cookie
• Denovo Beverage
• Eden Foods
• Hodo Soy
• Ice Chips
Market split by Type, can be divided into:
• Kosher Pareve
• Kosher Meat
• Kosher Dairy
Market split by Application, can be divided into:
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Research Support Specialist, USA