Kosher food is a kind of food that gathers special treatment, in order to fulfil with Jewish religion and its regulations and rules on food. Various foods, dishes and beverages controlled and still possess an extreme significance in various religions. Perhaps the most specific and strict regulations related to food are to be present in Judaism. Thus, the food which Jews are allowed to eat as per the Jewish dietary laws are known as “kosher” which is known as “pure” or “suitable”. Over the past few years, the demand for kosher certified products has inclined drastically and currently it is one of the newest food trend. Certified kosher food products revenue is anticipated to escalate at stupendous CAGR over the forecast period. It has been noticed that various supermarkets and food companies all over the world provides a number as well as the variety of kosher based products such as juices, cereals, pastas, breads and others in order to meet the growing demand for kosher products. Apart from this, kosher cutleries and other kosher related accessories are also gaining traction all across the globe. Thus, the market will expand at a higher pace from 2016-2022.
The market of global kosher food is anticipated to be driven by escalating consumer trends for allergen-free, healthy and unique food products. Apart from this, rising Muslim population is also anticipated to be one of the factor driving the growth of global kosher food market over the forecast period 2016-2022. It has been noticed that, as compared to regular food products available in the market, kosher products exemplifies a very miniscule share and does not require any large investments from food companies. Besides this, rising urban population all across the globe and change in lifestyle has also impacted the growth of the market and is anticipated to be the major growth driver during the forecast period.
Geographically, the Global Kosher Food industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. North America captured the highest share in the global Kosher Food market. Consumer in the U.S. are spending over US$ 13 Bn annually on kosher food products. It has been noticed that, more than 10,000 American companies yield products for the kosher market. It has been observed that, 8,000 new kosher products were introduced into the kosher market annually last year. Followed by it, Europe captured the second largest share in the global kosher food market.
The major players identified across the value chain of global Kosher Food market include 3 F Industrial Limited, AGC Chemicals (Thailand) Co. Ltd, AGRANA Starke GmbH, ADM Milling System, Nectar Lifesciences Ltd., Nestle, Hayman Limited, Unilever, Glaxosmithkline, and others.
Global Kosher Food is segmented by: type, application and by region
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Regional analysis for Kosher Food Market includes: