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Global Kosher Beef Market - Industry Trends and Forecast to 2029

Food & Beverage | Upcoming Report | Apr 2022 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Kosher Beef Market, By Cuts (Neck, Chuck and Shoulder, Rib, Plate, Brisket, Shank), Application (B2B, B2C), Distribution Channel (Online, Offline) - Industry Trends and Forecast to 2029.


 Market Analysis and Size

There is large scale promotion of kosher certified food due to its advantages, such as chemical free and natural, supplements. The bulk of food providers have begun to include kashrut food in their food preparation. To enhance their sales, leading kosher beef producers are investing in product development and new product releases, ultimately boosting global market demand.

Data Bridge Market Research analyses that the kosher beef market value which was USD 257.13 billion in 2021, is expected to reach the value of USD 333.4 billion by 2029, at a CAGR of 3.30% during the forecast period. "Offline distribution channel" accounts for the largest market share across the global market owing to the comfort of accessibility of this kosher food across the globe and growing number of stores like supermarkets and butcher houses that sell these products.

Market Definition

Kosher food is defined as food that adheres to the kashrut (Jewish law) laws and regulations. Pasta, bread, cereals, juices, and other kosher foods are available in the kosher food section. Kosher meat comes from animals with split hooves that chew their cud, such as cows, sheep, and goats. When these animals consume, the stomach returns partially digested food (cud) for them to chew again.

Report Scope and Market Segmentation

Report Metric

Details

Base Year

2021

Forecast Period

2022-2029

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Cuts (Neck, Chuck and Shoulder, Rib, Plate, Brisket, Shank), Application (B2B, B2C), Distribution Channel (Online, Offline)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA)

Market Players Covered

AROMA MARKET (US), Hamilton Kosher (Canada), Tyson Foods, Inc. (US), Lipman Family Farms (US), Shaevitz Kosher Meats & Deli (US), BASF SE (Germany), ADM (US), Eden Foods (US)

Kosher Beef Market Dynamics

Drivers:

  • Rise in the demand for meat with the required certifications across advanced countries.

Constant product innovation by the meat processing companies and accessibility of the product with appropriate certifications has established a trust aspect amongst the consumers is one of major contributing factors.

  • Increase in the population of Jewish people.

Rising population of Jewish people which leads to growing food trend for consumption of Jewish food around the world is further anticipated to propel the market growth.

  • Growing demand for kosher beef from restaurants, hotels, food chains, and cafes.

Many food joints have included kosher beef in their food items like roast, burger, soups, casseroles, nachos, soups, and stew.

Opportunities

In addition, the growing number of stores like supermarkets and butcher houses that sell these products and increase in the awareness about health benefits on the consumption of these food items will further provide potential opportunities for the growth of the kosher beef market in the coming years.

Restraints/Challenges

On the other hand, the increase in the vegan consumers and the usage of animal products is further projected to impede the growth of the kosher beef market in the timeline period. However, the dearth of professionals that can cook these products and the struggle it triggers amongst the different religions might further challenge the growth of the kosher beef market in the near future.

This kosher beef market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the kosher beef market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Post COVID-19 Impact on Kosher Beef Market

The recent outbreak of coronavirus has critically impacted the kosher beef market. Due to enforced lockdowns and imposed limits by separate regulatory bodies in the wake of the recent COVID-19 outbreak, numerous industries' operations have either been temporarily halted or are operating with a reduced personnel. This is no different in the global kosher beef Market, and this aspect is expected to have a substantial negative impact on the industry's revenue growth. Additionally, the high costs associated with the installation and maintenance of these machines is a factor that could limit the worldwide Kosher Beef Market's revenue growth throughout the projection period.

On the brighter side, the food and beverage industries are focusing on developing better products, keeping in mind the new market trends to fulfil consumer requirements in the post-pandemic phase. Growing need for the nutritional and quality food will further help to excel the availability of kosher beef in the developing and emerging markets post pandemic.

Recent Development

  • In 2019 Beyond Meat introduced a new plant-based ground meat that looks, cooks, and tastes like standard ground beef. It is free of GMOs, soy, and gluten.  

Global Kosher Beef Market Scope

The kosher beef market is segmented on the basis of cut, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Cuts

  • Neck, Chuck and Shoulder
  • Rib
  • Plate
  • Brisket
  • Shank

On the basis of cuts, the kosher beef market has been segmented into neck, chuck and shoulder, rib, plate, brisket, shank.

Application

  • Extruded Films
  • Extrusion Coating
  • Fluid Coating
  • Laminations

On the basis of application, the kosher beef market has also been segmented into B2B and B2C.

Distribution Channel 

  • Online
  • Offline

On the basis of distribution channel, the flexible lid stock packaging market is segmented into online, offline.

Kosher Beef Market Regional Analysis/Insights                       

The kosher beef market is analysed and market size insights and trends are provided by country, cut, application and distribution channel as referenced above.

The countries covered in the kosher beef market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

North America dominates the kosher beef market due to the rise in the Jewish population. Furthermore, the increase in the awareness about health advantages on the consumption of these food items will further boost the growth of the kosher beef market in the region during the forecast period. Middle East and Africa is projected to observe significant amount of growth in the occurrence of a large number of Jewish people in Israel. Moreover, the rise in the import of these products is further anticipated to propel the growth of the kosher beef market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Kosher Beef Market Share Analysis

The kosher beef market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to kosher beef market.

Some of the major players operating in the kosher beef market are:

  • AROMA MARKET (US),
  • Hamilton Kosher (Canada),
  • Tyson Foods, Inc. (US),
  • Lipman Family Farms (US),
  • Shaevitz Kosher Meats & Deli,
  • BASF SE (Germany),
  • ADM (US),
  • Eden Foods (US)

 

 

 


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