Kosher Food Market Report 2024

The kosher food market size has grown steadily in recent years. It will grow from $20.32 billion in 2023 to $21.13 billion in 2024 at a compound annual growth rate (CAGR) of 4%. The growth observed in the historical period can be attributed to several factors including the increasing populations of Jews and Muslims, expanded penetration of retail sales channels, heightened promotion of kosher-certified foods, rising consumer spending, and growing demand for healthier food options.

The kosher food market size is expected to see steady growth in the next few years. It will grow to $25.02 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing consumption of animal products and the rising number of vegan consumers, the growing popularity of kosher food, heightened focus on certification standards, increasing global demand for kosher-certified products, and the rising prevalence of chronic lifestyle diseases. Major trends expected in this period include advancements in retail technology, a rising demand for allergen-free options, ongoing technological advancements, a burgeoning health and wellness movement, and the application of advanced technologies such as nanotechnology and 3D printing.

The anticipated growth of the kosher food market is driven by increasing consumption of meat and dairy products that adhere to kosher dietary laws. Kosher meat includes flesh from mammals or birds slaughtered in accordance with specific rituals and cannot be mixed or consumed with dairy products. Similarly, dairy products such as milk, cheese, butter, and yogurt must originate from kosher-slaughtered animals and are kept separate from meat according to kosher regulations. Factors fueling the demand for kosher meat and dairy products include population growth, urbanization, rising incomes, dietary shifts, and cultural preferences. Kosher laws provide guidelines ensuring the purity and proper preparation of these foods in accordance with Jewish religious principles. For example, in 2022, the Food and Agriculture Organization reported a global production of approximately 350.13 million meat and dairy products, marking a 5.2% increase from 2021. This underscores how the growing consumption of kosher-certified meat and dairy products is contributing to the expansion of the kosher food market.

Major companies in the kosher food market are focusing on innovative products, such as plant-based alternatives, to meet the increasing demand for health-conscious and environmentally friendly options while adhering to strict kosher guidelines. Plant-based kosher foods are products that comply with kosher dietary laws while replicating the taste and texture of animal-based foods using only plant-based ingredients. For example, in May 2024, Tofurky, a US-based producer of plant-based meat substitutes, introduced next-generation plant-based Deli Slices. These pre-seasoned roasts are ready to heat and serve, offering a convenient plant-based alternative for kosher consumers looking to reduce their meat consumption. The launch expands Tofurky's existing range of kosher plant-based products, which includes deli slices, sausages, and grounds.

In April 2024, Forward Consumer Partners (FCP), a US-based private equity firm, acquired Firehook Bakery. The acquisition, made for an undisclosed amount, aims to enhance Firehook Bakery's growth potential by leveraging FCP's expertise and resources. Firehook Bakery, known for its artisanal baked goods, including kosher food offerings, operates as a prominent brand in the US market.

Major companies operating in the kosher food market are Cargill Incorporated, Nestlé S.A., Archer Daniels Midland Company, PepsiCo Inc., BASF SE, Unilever PLC, Tyson Foods Inc., Mars Incorporated, Coca-Cola Company, Danone S.A., The Kraft Heinz Company, Hormel Foods Corporation, The Hershey Company, Hain Celestial Group Inc., Blommer Chocolate Company, Eden Foods Inc., Kayco, Manischewitz Company, Kellogg Company, Kosher Valley LLC, Brooklyn Cookie Company LLC, Ice Chips Candy LLC.

North America was the largest region in the kosher food market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the kosher food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the kosher food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Kosher food adheres to Jewish dietary laws known as kashrut, originating from the Torah and elaborated upon in the Talmud and rabbinic literature. It encompasses meat from specific animals prepared in a prescribed manner, along with dairy products, fruits, vegetables, and grains meeting kashrut standards.

Key types of kosher food include buckwheat, seafood, lamb, pulses, and others. Buckwheat, a gluten-free grain prized for its nutty taste and nutritional value, is used in a variety of products such as flour, noodles, cereals, and snacks. These items are available in supermarkets, hypermarkets, grocery stores, and online, and are used widely in culinary applications, snacks, bakery goods, confectionery, meats, beverages, and dietary supplements.

The kosher food market research report is one of a series of new reports that provides kosher food market statistics, including kosher food industry global market size, regional shares, competitors with a kosher food market share, detailed kosher food market segments, market trends, and opportunities, and any further data you may need to thrive in the kosher food industry. This kosher food market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The kosher food market consists of sales of kosher beverages, processed food, and packaged food. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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