Global Kosher food market is expected to register a CAGR of approx. of 4% over the period of 2022-2028. The increasing prevalence of celiac disease and lactose intolerance population are the major factors for the global growth of the kosher food market. For instance, according to Beyond Celiac, an estimated 1 in 133 Americans, or about 1% of the population, has celiac disease. However, recent screening studies point to a potentially higher prevalence than 1% in the United States. It is estimated that up to 83% of Americans who have celiac disease are undiagnosed or misdiagnosed with other conditions. A mass screening program of children in Italy found the prevalence of celiac disease to be 1.6%.
According to
UnivDatos Market Insights (UMI)’ research report “global
kosher
food market”, the market is expected to witness robust
growth during the forecast period 2022-2028F. the
surge in disposable income, improvement in living standards, and large-scale
promotion of kosher-certified food owing to its benefits, such as chemical-free
and natural, supplements the kosher food market growth across the globe.
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Based on application,
the market is
categorized into culinary products, snacks, and savory, bakery and
confectionery products, meat, beverages dietary supplements. Among these, meat
is expected to witness the highest CAGR during the forecast period owing to the
consumption of kosher foods by non-Jewish consumers and own-branded suppliers
reaching major market players.
Based on distribution
channels, the market is categorized into offline
stores and online stores. Among these, the offline stores and clinics are expected to witness
the highest CAGR during the forecast period owing to the Increase in retail
sales channel penetration in developing markets.
North America to
witness extensive growth
For a better understanding of the market
adoption of the kosher food market, the market is analyzed based on its
worldwide presence in the countries such as North America (United States,
Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain,
United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India,
Australia, and Rest of APAC), and Rest of World. North America constitutes a
major market for the kosher food industry in 2020 owing to the presence of
well-established market players and the awareness of kosher food in the region.
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According to UnivDatos Market Insights (UMI)’,
the key players with a considerable market share in the global kosher food market
are Bob's Red Mill, CARGILL INC., Conagra Brands Inc.,
Dean Foods, Empire Kosher, Nestle S A, The Hain Celestial Group Inc., PepsiCo (Tropicana),
Unilever plc, GENERAL MILLS INC. (YOPLAIT). Several M&As along with
partnerships have been undertaken by these players to boost their presence in
different regions.
“Global Kosher Food Market” provides comprehensive qualitative and quantitative insights on
the industry potential, key factors impacting sales and purchase decisions,
hotspots, and opportunities available for the market players. Moreover, the
report also encompasses the key strategic imperatives for success for
competitors along with strategic factorial indexing measuring competitors’
capabilities on different parameters. This will help companies in the
formulation of go-to-market strategies and identifying the blue ocean for its
offerings.
Market Segmentation:
1.
By Type (Pareve, Seafood,
Lamb, and Others)
2.
By Application (Culinary Products,
Snacks and Savory, Bakery and Confectionery Product, Meat, Beverages, and
Dietary Supplements)
3.
By End-Users (Offline Stores and
Online Stores)
4.
By Region (North America,
Europe, Asia-Pacific, Rest of the World)
5. By Company (Bob's Red
Mill, CARGILL, INC., Conagra Brands, Inc., Dean Foods, Empire Kosher, Nestle S
A, The Hain Celestial Group, Inc., PepsiCo (Tropicana), Unilever plc, GENERAL
MILLS INC. (YOPLAIT))
Key
questions answered in the study:
1.
What are the current and future trends
of the global kosher food industry?
2.
How the industry has been evolving in
terms of type, application, and end-users?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the global kosher food industry?
5.
What is the customer orientation,
purchase behavior, and expectations from the global kosher food suppliers
across various region and countries?
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