The kosher food are generally categorized into three types: Meat(Fleishig), Dairy(Milchig), and Pareve. Pareve are the food that are not in the meat or dairy category, including fish, eggs, and other plant based foods. The Kosher mammals and birds that are to be consumed must be slaughtered in a prescribed way by kashrut law with a process known as shechita. Moreover, blood must be removed and should never be consumed. The blood can be removed from meat by salting process or by soaking it in water to make it permissible for use as kosher. For the milk and meat to be considered as kosher product, and their derivatives should never be mixed.In addition, there must be separate equipment for the storage and preparation of meat and dairy foods according to kosher.
There’s a rapid growth in kosher certification since the past few years, the growth is being fueled by consumer demand for vegan, allergen-free, and clean label foods.As more companies are becoming kosher oriented, the suppliers of the raw materials must also be kosher certified for those companies. Thus, the demand for kosher food is offering various new opportunities for the market players to grow and expand in kosher raw material and also in the kosher food production industry. With the globalization, not only the industries and culture but also the food lifestyle have changed, and therefore, kosher food is not limited only to the Jewish community, it has spread across the globe in every region. Owing to the spread of kosher food market in all the region, more opportunities can be explored in the production of local flavors regionally. Kosher dietary law is considered as very strict and complex. Consumers ingesting the kosher food products abide to the religious belief and strictly follow the law.However,consumers who try kosher for newer taste and as a vegan food alternative have various other alternatives for kosher products such as plant based foods, clean label products, and organic foods. The presence of other alternatives for kosher food is posing a threat in regions which are newly adapting the kosher food in their food culture.
The global kosher food market is segmented into product type, distribution channel, and region. Deepening on product type, the market is categorized into culinary products, snacks and savory, bakery and confectionery products, meat, and others. On the basis of distribution channel, the market is divided into supermarkets and hypermarket, grocery stores, and online stores. On the regional basis, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key companies profiled in the report include Empire Kosher Poultry,Inc., Cantilever, General Mills (Yoplait), Cargill, Nestle, Conagra Brands, Dean Foods, PepsiCo Beverage & Foods (Tropicana), The Hain Celestial Group, and Bob's Red Mill.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends and opportunities in the kosher food market.
- The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
- An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth
KEY MARKET SEGMENTS
By Product Type
- Culinary Products
- Snacks and Savory
- Bakery and Confectionery Products
- Meat
- Others
By Distribution Channel
- Supermarkets and Hypermarket
- Grocery Stores
- Online Stores
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- UK
- Netherlands
- Germany
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Rest of LAMEA
Table of Contents
Executive Summary
According to the report titled 'Kosher Food Market by Product Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global kosher food market size was valued at $19.1 billion in 2018, and is projected to reach $25.6billion by 2026, growing at a CAGR of 3.7% from 2019 to 2026. In 2018, North America accounted for nearly 40% share of the kosher food market.The growth in value sales for vegan food and clean label products is attributed to surge in demand for different kosher food, which facilitate better alternative for synthetic products. Thus, increase in willingness of customers for different types of natural ingredients in food & beverages and also the production of food with kashrut law is expected to fuel the demand for kosher food.
The food industry has been evolving in terms of innovations and demand. Manufacturers are focusing on key innovations that cater to the requirements of their target consumers who are demanding kosher certification for food items. Increase in awareness toward health and wellness has been witnessed among people residing in the developed as well as the developing countries. This has resulted in increased demand for various types of special kosher food made using organic products. Thus, kosher food are gaining increased traction among food &beverage manufacturers, which significantly drives the growth of the global market.
Kosher food have witnessed higher rate of penetration in North America and Europe. However, low availability has been observed for this product in some major parts of Asia-Pacific and LAMEA, which is attributed to low performing macro-economic factors such as internet penetration and aggressive marketing strategies by the manufacturers. Thus, lower penetration of such products limits the growth of the kosher food market in some of the underdeveloped regions.
There has been an increase in number of users in various social media sites with rise in internet penetration. Considering this, most of the key players in the kosher food market strategize on promoting their products on these social media platforms. Thus, through social media marketing strategy, the kosher food market sights critical opportunity in gaining traction.
According to Aniket Kadam, Senior Research Analyst, Food and Beverages, “Over the years, general awareness among consumers about the availability of kosher certified products has increased exponentially. They are now aware of the side effects of synthetic ingredients used in food, and using kosher ingredients as an alternative for artificial ingredients. Consumers today are shifting toward newer food styles, and kosher is merging as a new trend in the food industry, which is not only limited to Jewish community but is been accepted by the consumers of all religions.”.
Key Findings of the Study
- Depending on product type, the meat products segment garnered 33.1% of kosher food market share in 2018, and is expected to grow at a CAGR of 2.4% from 2019 to 2026.
- The snacks and savory segment was valued at $3.1billion and is expected to reach $4.6billion by 2026, registering a highest CAGR of 5.1%.
- In 2018, by distribution channel, the supermarkets and hypermarket segment accounted for 59.5% share of the kosher food market, and is expected to grow at the CAGR of 3.3%.
- The online stores segment accounted was valued at $1.9billion and is expected to reach $3.0billion by 2026, registering a highest CAGR of 6.1%.
- Region wise, North America accounted for a prominent market share in 2018, and is anticipated to grow at a CAGR of 3.4% throughout the forecast period.
The key players operating in the global kosher food market include Empire Kosher Poultry, Inc., Unilever, General Mills (Yoplait), Cargill, Nestle, Conagra Brands, Dean Foods, PepsiCo Beverage & Foods (Tropicana), The Hain Celestial Group, and Bob's Red Mill.
Companies Mentioned
- Empire Kosher Poultry Inc.
- Unilever
- General Mills (Yoplait)
- Cargill
- Nestle
- Conagra Brands
- Dean Foods
- PepsiCo Beverage & Foods (Tropicana)
- The Hain Celestial Group
- Bob's Red Mill.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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