Kosher Food Market Scope
Kosher foods are defined as the food which conforms to the Jewish dietary regulations of kashrut, and it is primarily derived from Leviticus as well as deuteronomy. Main kosher food categories are Meat (fleishig), Dairy (milchig), Pareve, among others. Increasing usage of Kosher foods in various application such as culinary products, snacks and savory, bakery & confectionery products, beverages, meat, dietary supplements, among others are expected to be among the major growth drivers for the market over the forecast period.
According to AMA, the Global Kosher Food market is expected to see growth rate of 13.4%
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global kosher food market can witness an upsurge in the forecast period. Research Analyst at AMA estimates that United Kingdom Vendors will contribute to the maximum growth of Global Kosher Food market throughout the predicted period.
AGC Chemicals Co. Ltd., (Thailand), 3F Industrial Limited, (India), AGRANA Starke GmbH (Austria), Nectar Lifesciences Ltd., (India), ADM Milling System, (United States), Nestlé S.A (Switzerland),, Unilever, (United Kingdom), Hayman Group Ltd (United Kingdom) and Glaxosmithkline (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are The can-d food co. Ltd (United Kingdom), Vitality Cbd Ltd (United Kingdom) and Nagaoka & Co Ltd (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Kosher Food market by Type (Meat, Dairy, Fowl, Pareve and Others), by Application (Snacks and savory, Bakery & confectionery products, Meat, Dietary supplements and Others) and Region with country level break-up.
On the basis of geography, the market of Kosher Food has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
According to the Government of the United Kingdom, such tiny additives do not have to be declared on the packaging but may nevertheless render the product non-kosher. This applies especially to bread. Hence, it may act hamper for market growth
Market Trend
- Various Factors such as Consumer Trends for Allergen-Free, Healthy, And Unique Food Products are Growing Demand among Consumer
Market Drivers
- Increasing urban population globally and changing lifestyle have also impacted the growth of the market
- Rising Awareness of Health Benefits of Kosher Food
Opportunities
- Mounting Demand from Emerging Economic namely India and China
- High per Capita Meat Consumption and Imports in Emerging Southeast Asian Economies
Restraints
- Stringent Regulatory Environment and High Set up Cost
- Increasing Consumer Preference for Value-Added Products
Challenges
- Increased Demand for Plant-Based Protein
- Food Safety Issues and Compliance to International Regulations
Key Target Audience
Manufacturers of Kosher Food, Suppliers of Kosher Food, Wholesalers, Distributors and Retailers of Kosher Food, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others