The global kosher food market is likely to showcase a robust growth of approx. 4% during the forecast period (2022-2028).
A comprehensive overview of the Global Kosher Food Market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the kosher food markets globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the global market at regional and country levels. The global kosher food market is likely to showcase a robust growth of approx. 4% during the forecast period (2022-2028).
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Market Overview
According to the Jewish Agency, On the eve of the Jewish new year 5782, the number of Jews worldwide stands at approximately 15.2 million compared to 15.1 million in 5781, and among the global Jewish population, the number of Jews in the United States is close to 6 million. This rapidly growing Jewish population base is an indication of the growing demand for kosher food. Further, there has been increasing popularity among non-Jewish consumers also which in turn is contributing to the high demand in this market. Additionally, the increasing prevalence of lactose intolerance, celiac disease, and dairy gluten intolerance have more benefits from kosher food. Owing to this shifting toward allergen-free, organic food is significantly growing the kosher food market.
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COVID-19 Impact
The COVID-19 pandemic has provided tremendous research resources while also highlighting the threat of deadly epidemic-prone diseases worldwide. The COVID-19 pandemic has positively impacted the market as consumers became more health conscious during the pandemic and the demand for kosher foods has increased.
Global kosher food market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Type, the market is primarily bifurcated into:
• Pareve
• Seafood
• Lamb
• Others
Based on type, the pareve segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period.
By Application, the market is primarily segmented into:
• Culinary Product
• Snacks and Savory
• Bakery and Confectionery Product
• Meat
• Beverages
• Dietary Supplements
Based on application, the meat segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period.
By Distribution Channel, the market is primarily segmented into:
· Offline Stores
· Online Stores
Based on the distribution channel, the offline store segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period.
Global Kosher food Market Geographical Segmentation Includes:
· North America
Ø United States
Ø Canada
Ø Rest of North America
· Europe
Ø Germany
Ø France
Ø United Kingdom
Ø Italy
Ø Spain
Ø Rest of Europe
· Asia Pacific
Ø China
Ø Japan
Ø India
Ø Australia
Ø Rest of Asia Pacific
· Rest of World
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 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 adoption of kosher food in the region.
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The major players targeting the market include:
· 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)
Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts’ sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the global kosher food market. The major players have been analyzed by using research methodologies for getting insight views on market competition.
Key questions resolved through this analytical market research report include:
· What are the latest trends, new patterns, and technological advancements in the global kosher food market?
· Which factors are influencing the global kosher food market over the forecast period?
· What are the global challenges, threats, and risks in the global kosher food market?
· Which factors are propelling and restraining the global kosher food market?
· What are the demanding global regions of the global kosher food market?
· What will be the market size in the upcoming years?
· What are the crucial market acquisition strategies and policies applied by the companies?
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About UnivDatos Market Insights
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