What is the global market size of Kosher Food Market?

Global Kosher Food Market size was valued at USD 38.72 billion in 2021 and is poised to grow from USD 41.2 billion in 2022 to USD 67.67 billion by 2030, growing at a CAGR of 6.4% in the forecast period (2023-2030).

Global Kosher Food Market Size, Share, Growth Analysis, By Type(Buckwheat, Seafood), By Application(Culinary Products, Snacks and Savory), By Distribution Channel(Supermarkets and Hypermarkets, Grocery Stores) - Industry Forecast 2024-2031

Report ID: SQMIG30I2188 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 95 | Figures: 76

Global Kosher Food Market Regional Insights

North America dominated the global kosher food market. Numerous kosher ingredient types have gained more momentum in North America as a result of the growing demand from the food and beverage industry. The rise in per capita income and the percentage of internet users are just two online and significant macroeconomic elements that have an impact on the overall expansion of the market.

The demand for various kinds of kosher food and foods produced in accordance with kashrut law, however, is predicted to grow substantially in Asia-Pacific in the future. Additionally, the Asia-Pacific region has seen a significant increase in millennials, who are the main consumers of kosher cuisine. Therefore, the market is expected to have profitable opportunity growth as the millennial population is growing.

Global Kosher Food Market Report Snapshots

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Kosher Food Market size was valued at USD 38.72 billion in 2019 and is poised to grow from USD 41.2 billion in 2023 to USD 67.67 billion by 2031, growing at a CAGR of 6.4% in the forecast period (2024-2031).

The kosher food market's competitive landscape gives data per competitor. The information includes information about the company's finances, revenue generated, market potential, R&D investments, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. Only the companies' market focus on kosher foods is included in the data that has been presented. 'Nestlé S.A.', 'ConAgra Foods, Inc.', 'General Mills, Inc.', 'PepsiCo, Inc.', 'Kellogg Company', 'The Kraft Heinz Company', 'Tyson Foods, Inc.', 'Mars, Incorporated', 'Unilever PLC', 'Hormel Foods Corporation', 'The Hershey Company', 'Coca-Cola Company', 'Archer Daniels Midland Company', 'Cargill, Incorporated', 'Danone S.A.', 'Manischewitz Company', 'Hain Celestial Group, Inc.', 'Eden Foods, Inc.', 'Kosher Valley, LLC', 'Kayco'

Rising urbanization in both developed and emerging countries, along with rising disposable income and an improving standard of living, encourages customers to try out novel and distinctive cuisines, which is said to be what is driving the market expansion. Additionally, it is anticipated that the growing dine-out culture would fuel restaurant' cravings for kosher food items and, in turn, the growth of the global market.

For people with celiac disease, lactose intolerance, and gluten sensitivity, kosher cuisine is very advantageous. A further factor driving market expansion is the growing demand for kosher cuisine among non-Jewish consumers. Allergen-free, clean-label, and organic food products are quickly gaining in popularity with consumers. The creation of savory foods like rolls, wraps, sandwiches, bread, nachos, crackers, chips, gushers, and peanut butter, as well as bakery and confectionery goods like cookies, pies, pastries, and muffins, is increasingly using kosher food products. Another factor that stimulates growth is the growing consumer demand for ingredients that are ethically and locally sourced. In order to offer their consumers a distinctive and genuine experience, quick service restaurants (QSRs), motels, and cafes are also experimenting with premium kosher-certified meals. Other factors, such as growing health consciousness among the general population and increased demand for vegan food products, are anticipated to push the market toward growth.

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Global Kosher Food Market Size, Share, Growth Analysis, By Type(Buckwheat, Seafood), By Application(Culinary Products, Snacks and Savory), By Distribution Channel(Supermarkets and Hypermarkets, Grocery Stores) - Industry Forecast 2024-2031

Global Kosher Food Market Regional Insights

Global Kosher Food Market Report Snapshots

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