IMARC Group’s report titled "Kosher Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032". The global kosher food market size reached US$ 21.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/kosher-food-market/requestsample
Factors Affecting the Growth of the Kosher Food Industry:
Kosher certification is often associated with high standards of hygiene, quality, and food safety, making kosher products attractive to health-conscious consumers. The rigorous inspection processes required for kosher certification and adherence to strict dietary laws give consumers confidence in the integrity and purity of kosher-certified foods. Additionally, individuals with specific dietary restrictions or allergies may embrace kosher products as a reliable alternative that meets their dietary needs. The perception of kosher food products as inherently healthy and safe contributes to their market growth.
The appeal of kosher foods extends beyond religious observance, resonating with consumers with diverse cultural and dietary preferences and expanding the market to include a diverse range of consumers seeking nutritious and healthful food options. In addition, individuals who follow halal dietary restrictions or avoid specific ingredients such as pork or shellfish often find kosher-certified products suitable for their dietary needs. The vegetarian and vegan-friendly nature of many kosher products suits the preferences of individuals seeking plant-based alternatives. This broad appeal establishes kosher foods as a versatile option for consumers with varying dietary needs and preferences.
The wide availability of kosher food products through multiple distribution channels such as supermarkets, hypermarkets, and specialty and online stores across the globe is contributing to the growth of the market. Moreover, people are increasingly preferring online platforms for purchasing kosher food products, as these channels offer better convenience to buyers. These platforms have a wider selection of kosher items than traditional brick-and-mortar stores, catering to the diverse dietary needs and preferences of individuals. Moreover, the ability to read product details and reviews provides consumers with more transparency and confidence in their purchase decisions.
Leading Companies Operating in the Global Kosher Food Industry:
