Kosher Beef Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Kosher Beef Market Size Worth $248.93 Billion By 2025 | CAGR: 3.3%”
The global kosher beef market size is expected to reach USD 248.93 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 3.3% during the forecast period. Increasing demand for kosher food in North America and Europe is anticipated to drive the growth. The Jewish cuisine has evolved to become the hottest food trend in countries like U.S., Canada, France, U.K., and Germany. Organizations operating in food service industry have picked up on this trend with myriads of diners, pizzerias, cafes, cafeterias, bakeries, caterers, and butchers serving kosher food products including beef. In Israel, food franchisees including, Sbarro, KFC, and McDonald’s offer kosher beef products. Various other multinational food franchises such as Subway, Dunkin’ Donuts, and Krispy Kreme in U.S. have expanded their product portfolio with kosher beef variants. In January 2014, Golden West Food Group, California introduced Glatt Kosher beef under its brand Certified Angus Beef. The product undergoes two levels of certification, Orthodox Union being one of them. In April 2016, Migrator, a Russian meat giant, became the first company outside of North America to be certified with Certified Angus Beef. The company is also leading a huge project on legal classification and certification of beef marbling. Organizations have been launching new kosher beef products rapidly. Even bacon-a non-kosher food-has been redesigned. Jack Gourmet’s, a Brooklyn based kosher meat providing organization has been providing cured-beef sausages since 2015 under the name Facon. The process of preparation remains similar to pork sausages and the product tastes fairly similar as well. Similarly, KOL Foods, an organic kosher beef distributor offers beef bacons. The organization sells it with the unique selling proposition of it being less fatty thus, healthier.
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Immense support from different governments plays a crucial role in promoting the demand for kosher beef products. Companies from across the globe have come up to grant hechsher to packaged beef. Some of these certifications are Orthodox Union, Organized Kashrut, and Kashrut Division of the London Beth Din. Further key findings from the report suggest: Neck, chuck, and shoulder cut segment is expected to generate a revenue of USD 84.57 billion by 2025
B2B application segment accounted for more than 50% of the global kosher beef market in terms of revenue in 2018
Online distribution channel is projected to exceed a market share of 15% in terms of revenue by 2025
Asia Pacific is expected to foresee a CAGR of 2.6% in terms of volume from 2019 to 2025
Grand View Research has segmented the global kosher beef market on the basis of cut, application, distribution channel, and region: Kosher Beef Cuts Outlook (Volume, Kilo Tons, Revenue, USD Billion, 2015 - 2025) Neck, Chuck and Shoulder
Rib
Plate
Brisket
Shank
Kosher Beef Application Outlook (Volume, Kilo Tons, Revenue, USD Billion, 2015 - 2025) B2B
B2C
Kosher Beef Distribution Channel Outlook (Volume, Kilo Tons, Revenue, USD Billion, 2015 - 2025) Online
Offline
Kosher Beef Regional Outlook (Volume, Kilo Tons, Revenue, USD Billion, 2015 - 2025) North America o o
Canada
Europe o
France
o
U.K.
Asia Pacific o
U.S.
Australia
Central & South America o
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Argentina
o
Brazil
Middle East & Africa o
Israel
o
South Africa
Table of Contents Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR’s Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Kosher Beef Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis 3.4. Market Dynamics 3.4.1. Market Driver Analysis Continue…………..
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About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
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