USD 68.18 billion
Kosher Beef Market Size, Share, Growth Analysis, By Distribution Channels(Brisket, Shank, Loin, Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30I2177 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
37
|Figures:
74
Kosher Beef Market Insights
Global Kosher Beef Market size was valued at USD 68.18 billion in 2021 and is poised to grow from USD 71.18 billion in 2022 to USD 100.45 billion by 2030, growing at a CAGR of 4.4% in the forecast period (2023-2030).
Kosher beef is becoming the go-to diet meal for health-conscious people. A high protein content in the product decreases hunger cravings and promotes weight reduction more quickly. Iron, which is abundant in red meat and is readily absorbed by the body, helps to increase haemoglobin. For those with anaemia, a physician may advise it. It also aids in managing various medical disorders such as weakness, weariness, gastric ulcers, and a weak immune system. It is projected that these benefits will increase product demand in the near future. The main driver of the market's overall demand is the growing Jewish population in the world. The Jewish population in the United States was 6 million as of September 2021, up from 5.7 million in April 2021, according to the World Population Review 2021. The demand for kosher meat has been influenced by this. One of the biggest markets for kashrut food is the United States, where 39.5% of the Jewish population is located. Most Jews scrupulously follow the kashrut laws both inside and outside of their homes. Throughout the projection period, this factor is most likely to fuel demand for kosher meat.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Loin
Fastest Growth
Loin
Growth Rate
4.4% CAGR
Global Kosher Beef Market 2022-2030 ($ Bn)
Country Share for Asia Pacific Region- 2022 (%)
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Kosher Beef Market Segmental Analysis
Global Kosher Dessert Market is segmented on the basis of Cuts Outlook, Distribution Channels, and region. By Cuts Outlook, the market is segmented into Brisket, Shank, Loin, Others. By Distribution Channels, market is segmented into Online and Offline. By region, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Cuts Outlook
In 2022, the Loin segment dominated the global market. These cuts are frequently grilled, broiled, smoked, and prepared in other similar ways. Some of the most popular loin cuts include the tenderloin, strip steak, T-bone, and porterhouse steaks. Due to its flavor, roasted beef has also become popular, especially among millennials. Whether grilled, roasted, or barbecued, the fat marbling on beef loins gives the meat a deep, enduring flavor.
From 2022 to 2030, brisket sales are predicted to grow at the fastest CAGR. Brisket is one of the most well-known cuts of meat among experts in the grill, and it is the main product driving this market. For instance, the rise in popularity of Texas barbecue over the past 10 years has led to an explosive increase in brisket demand among US consumers. To achieve the most momentum among consumers, a lot of businesses and brands that sell brisket have been introducing new items in this market.
Analysis by Distribution Channels
Due to the simple accessibility of kosher food and the reliance of the general public and restaurants on neighbourhood butcher shops, shops, and supermarkets for immediate availability and physical verification, the offline segment dominated the global market. Customers prefer personally prepared meat over that made with automation. So, making transactions offline makes ongoing supervision simpler
The online segment is expected to grow at the fastest CAGR. The familiarity of millennials with cell phones, online shopping, and e-retailing is anticipated to continue to benefit the segment's expansion. Manufacturers are showcasing their products on online platforms such as websites owned by the company and e-retailing in an effort to increase product visibility, particularly in growing countries. Global kosher beef consumption has increased as a result of e-rapid commerce's digitalization across all domains.
Global Kosher Beef Market Size By Cuts Outlook 2022 (%)
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Kosher Beef Market Regional Insights
Asia Pacific dominated the global market. Nations like Indonesia, China, Vietnam, Japan, and South Korea have the most active beef consumption. According to information provided by the USDA, India, one of the biggest exporters of beef, ranked fourth internationally in 2021 with exports of roughly 2.83 billion pounds.
Due to the significant concentration of Jews in the United States, the market in North America is expanding at the highest rate. Kosher is only consumed by 15% of people who eat beef for religious reasons. Due to its many benefits, including higher food safety and quality, consumers in the area are choosing kosher beef more frequently. According to data on food availability provided by the USDA, the average American consumes 55 pounds of beef annually.
Global Kosher Beef Market Size By Geography, 2022-2030
- Largest
- Fastest
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Kosher Beef Market Dynamics
Drivers
Increasing demand for Kosher
- With a growing awareness of Kosher dietary laws and an increase in the Jewish population, there has been a rising demand for Kosher beef in various parts of the world. This trend is expected to continue in the coming years as more consumers become aware of the benefits of Kosher-certified products.
Growing interest in healthy and safe food
- Consumers are increasingly concerned about the health implications of the food they eat, and Kosher beef is perceived as a healthier option due to the strict regulations and standards that govern its production. Kosher beef is produced according to specific guidelines that ensure the animal is raised and slaughtered in a humane and sanitary way, which makes it a more appealing choice for health-conscious consumers.
Restraints
Religious and cultural limitations
- While Kosher beef is popular among Jewish and other religious and cultural groups, it may not appeal to consumers outside of these groups. Kosher beef production is subject to strict religious dietary laws and regulations, which may limit the ability of Kosher beef producers to innovate and expand their product offerings. For example, certain cuts of beef may not be considered Kosher under Jewish dietary laws, which can limit the variety of products that Kosher beef producers can offer.
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Kosher Beef Market Competitive Landscape
Due to the kosher food's advantages in terms of health, the market has been expanding globally. International fast-food restaurants have kosher labeling on their products in Israel. For instance, McDonald's exclusively sells beef that has been charcoal-barbecued rather than fried.
Top Player’s Company Profiles
- Agri Star Meat and Poultry LLC
- Aaron's Gourmet Kosher Meat, LLC
- Alle Processing Corporation
- Best Provision Co., Inc.
- Brauss International, Inc.
- Colorado Premium Foods LLC
- Empire Kosher Poultry, Inc.
- First Cut Communications, Inc.
- Henningsen Foods Inc.
- KJ Poultry Processing Inc.
- Kosher Valley
- Meal Mart Company
- Noah's Ark Kosher Sausage Company
- Norbest Inc.
- Pelleh Poultry
- Premier Kosher Inc.
- Salomon Kosher Meat Processors, Inc.
- Solomon's Finest Kosher Foods
- Supreme Kosher Meats
- Vienna Beef
Recent Developments
- In November 2022, Prairie Street Prime began delivering kosher meat. This company specializes in providing premium kosher beef to customers in areas like Palm Beach, New York City, and Beverly Hills, California.
- In July 2022, Argentina's Minister of Agriculture said that kosher beef would be exported to Israel during the 2022 calendar year.
Kosher Beef Key Market Trends
- Growing demand for grass-fed beef
Many consumers are looking for beef products that are produced using sustainable and ethical methods, including grass-fed beef. This trend is driven by concerns about environmental sustainability, animal welfare, and health benefits associated with grass-fed beef. Some Kosher beef producers are starting to offer grass-fed Kosher beef products to meet the growing demand for this type of meat. This has enabled Kosher consumers to enjoy the benefits of grass-fed beef while still adhering to strict religious dietary laws.
Kosher Beef Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global Kosher beef market analysis, the market growth is driven by a range of factors such as increasing demand for Kosher-certified products, growing interest in sustainable and ethical food production, and the expanding online sales channels. Additionally, the growing interest in healthy and safe food has also contributed to the market growth. Companies have established themselves as leading brands in the market, offering a range of Kosher beef products that cater to various consumer needs. The market is expected to continue growing in the coming years, driven by the increasing demand for Kosher-certified products and the expanding global Jewish population. Additionally, the market is likely to benefit from the growing interest in sustainable and ethical food production, which has become a priority for many consumers. The global market presents significant opportunities for players in the industry, particularly those that can leverage their brand strength and offer high-quality, sustainable, and ethically produced products to meet the growing demand.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 68.18 billion |
| Market size value in 2031 | USD 100.45 billion |
| Growth Rate | 4.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Kosher Beef Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Kosher Beef Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Kosher Beef Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Kosher Beef Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Kosher Beef Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Kosher Beef Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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