LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global kosher foods market is expected to grow at a CAGR of more than 19% during the forecast period.
This research report titled ‘Global Kosher Foods Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The Jews constitute a small percentage of the world population. Countries like France, the US, Canada, the UK, and Russia are the key contributors to the global kosher foods market. Apart from religious norms, health considerations and concerns regarding animal welfare play a significant role in shaping the global kosher food market.
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Technavio’s analysts categorize the global kosher foods market into four segments by product. They are:
- Kosher pareve
- Kosher meat
- Kosher dairy
- Others
The top three segments based on product for the global kosher foods market are discussed below:
Global kosher pareve market
This category includes foods that are neither meat nor dairy, and are not prepared or processed with either of these products. However, pareve foods can be served and consumed along with meat and dairy products. Some examples of pareve products include fruits and vegetables, nuts, seeds, grains, and tofu.
According to Manjunath Reddy, a lead food research analyst from Technavio, “Products such as fruits, vegetables, grains, and nuts must be checked before purchasing to avoid the presence of bugs, insects, or larvae, to be considered as kosher. Similarly, eggs with no blood spots are considered as kosher.”
Global kosher meat market
Kosher meat includes different kinds of meat products from land and sea. However, there are certain restrictions on the type of meat products that can be considered as kosher. Those land animals that have split hooves and can chew cud are considered as kosher.
“Products made from whales like whale meat and whale oil are not considered as kosher because whale is a mammal and it cannot chew its cud and has no split hooves. Other sea animals like eels, frogs, worms, crabs, and prawns are not considered to be kosher,” says Manjunath.
Global kosher dairy market
Dairy products that are processed from the milk of kosher animals are considered as kosher dairy. All ingredients present in kosher dairy products must be kosher and should not contain any meat derivates, whether kosher or not. In some nations where the source of milk is guaranteed by laws, for example, in the US and the European Union (EU), kosher supervision is not required all the time, except for certain products like cheese, which are derived from animal sources.
Dairy labeling is necessary because according to the Kashrut law, meat and dairy products cannot be consumed together. This depends on the time gap between both the meals, depending on one's religious custom.
The top vendors highlighted by Technavio’s research analysts in this report are:
- ADM
- Kedem Food Products
- Manischewitz
- Nestlé
- Streit's
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About Technavio
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading-edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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