Kosher Beef Market
Kosher Beef Market Analysis by Cut (Brisket, Shank, Loin, Others), by Distribution Channel (Online, Offline) and by Region - Global Forecast 2022 to 2032
Analysis of Kosher Beef market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Kosher Beef Industry Outlook (2022 to 2032)
The market for kosher beef garnered a market value of US$ 66.65 Billion in 2021, and is expected to collect US$ 70 Billion in 2022. During the forecast period, the kosher beef market is expected to register a CAGR of 5% by accumulating a market value of US$ 114 Billion during 2022 to 2032.
Report Attributes | Details |
---|---|
Base Year Value (2021) | US$ 66.65 Billion |
Expected Market Value (2022) | US$ 70 Billion |
Projected Forecast Value (2032) | US$ 114 Billion |
Global Growth Rate (2022 to 2032) | 5% CAGR |
Growth Rate of U.S (2032) | 10% |
Growth Rate of China (2032) | 8% |
Key Companies Profiled | Solomon Kosher Butcher; Tevya’s Ranch; Rosenblatt Meats; Grow & Behold Foods; Zephyr Foods, LLC; American Foods Group; Kol Foods; Assa Abloy; Aufschnitt Meats; Springfield Group Inc.; Cutting Edge Foods; FreshDirect |
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Revenue Analysis of Kosher Beef 2017 to 2021 vs. Future Outlook 2022 to 2032
The kosher beef market observed a steady increase in sales from 2017 to 2021, exhibiting a value CAGR of 5.3%. Although the sales of kosher beef declined owing to the COVID-19 pandemic, the sales of the same are expected to increase in the upcoming years.
Kosher beef’s nutritional quality to strengthen muscles is positively influencing the demand for the same. Moreover, the easy availability of kosher beef in offline distribution channels is driving the sales of the same.
As most parts of the world are getting back to normal functioning post COVID-19, the sales of kosher beef are expected to increase. In the sales indicator period, U.S. and China are expected to be the largest contributors to the kosher beef market. From 2022 to 2032, the market for kosher beef is poised to experience 1.6x growth.
Key Factors Driving Kosher Beef Market Growth
Jewish Population Major Contributor of Kosher Beef
The Jewish Agency for Israel states that the worldwide Jewish population is 15.2 million. Jewish people have been consuming kosher beef since time immemorial due to the religious values attached to it. Majority of the Jewish population lives in Israel and U.S. This, in turn, is increasing the sales of kosher beef. Moreover, meat producing companies are focusing on experimenting and innovating different food products that are kosher beef based. This is propelling the sales of kosher beef.
Jewish people prefer consuming kashrut food. Not only are Jewish people consuming kashrut food at home but also are consuming the same in restaurants, hotels and cafes. Owing to this, kashrut food is becoming mainstream in countries like U.S., China and Japan. Thus, restaurants too, are experimenting with kosher beef. This has led to the innovation of different kosher beef dishes. All these factors are driving the sales of kosher beef.
Health Benefits Widening Sales of Kosher Beef
Various health benefits of beef are positively influencing the sales of kosher beef. The presence of amino acids in kosher beef is playing a key role in the everyday consumption of kosher beef. Amino acids help in repairing damaged tissues and prevents various illnesses. Thus, people have shown an inclination towards investing in kosher beef.
Cross cultural initiatives in various restaurants around the world too have increased kosher beef in different dishes across different geographical locations. Thus, consumers are indulging in food that offers taste and health, both. Most kosher beef offering companies along with restaurants are planning to innovate kosher beef based dishes. Thus, the sales of kosher beef is expected to expand in the upcoming years.
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Key Challenges/Restraints to Kosher Beef Market Growth
The cost of buying kosher beef in Israel is expensive. Along with this, certain countries do not support the consumption of beef. In addition, the exportation and importation charges of kosher beef are extremely high.
Certain people are not able to digest kosher beef. This results in stomach ache and frequent visits to the doctor. All these factors are creating a hindrance for the sales of kosher beef.
Country-wise Analysis
Inclination Towards Beef Consumption Bolstering Sales in China?
Importation of Beef Contributing Towards Kosher Beef Sale
Consumption of non-vegetarian food is prevalent in China. This has led to the increasing consumption of kosher beef in the country. Although the country has a strong presence of kosher beef producers and suppliers, the COVID-19 pandemic reduced the production of kosher beef owing to the shortage of labor in the country.
Thus, China is importing kosher beef from other countries too. Owing to the factors mentioned above, China is expected to register a positive CAGR of 8% in the forecast period 2022 to 2032.
Jewish Population Accelerating Sales of Kosher Beef in U.S.?
Offline Distribution Channels Increasing Sales
U.S. consists of the second highest Jewish population in the world. This has led to an increase in the sales of kosher beef in the region. The availability of kosher beef across supermarkets, hypermarkets and local stores in the U.S. is positively influencing the sales of kosher beef in the region.
Moreover, the correct packaging of kosher beef that provides content of the same is gaining trust of consumers. Duet to the aforementioned factors, U.S. is expected to register a staggering double-digit CAGR of 10% in the assessment period 2022 to 2032.
Country-wise Kosher Beef Market Value CAGR
Country | CAGR |
---|---|
U.S | 10% CAGR |
China | 8% CAGR |
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Category-wise Insights
Easy Availability Increasing Sales of Kosher Beef Through Offline Distribution Channel?
Manual Supervision Increasing Dependency on Kosher Beef
Offline distribution channel is gaining immense popularity owing to the easy availability of kosher food. Local crowd, restaurants, butcher houses and stores are contributing to the sales of kosher beef through offline distribution channels. The slaughtering process of kosher beef is a complex and time-consuming process, thus manual supervision of the same without the use of technology is preferred by consumers.
The easy availability of kosher beef in various shops too is playing a key role in the increasing sales of the same. Thus, the offline distribution channel is expected to hold more than 70% market share for kosher beef for assessment period 2022 to 2032.
Experimenting with Loin Cuts Gaining Prominence for Kosher Beef?
Barbequed Loin Cuts Enhancing Kosher Beef’s Taste
Loin cuts are gaining large prominence across different geographical regions. This is owing to the cuts prepared on grill or under a broiler, smoked or barbequed. Among various cuts present in the market, Tenderloin, T-bone and strip steak are the most preferred type of loin cuts.
The amalgamation of different type of spices and loin cuts offers a rich and enhanced taste. Moreover, chefs too are experimenting with loin cut and serving the same in different flavors. Thus, loin cut is expected to hold nearly 40% market share for kosher beef in the forecast period 2022 to 2032.
Competitive Landscape
Prominent kosher beef suppliers are sourcing kosher beef organically and are exporting the same to different geographical regions.
- In August 2021, FreshDirect partnered with Cutting Edge Foods, manufacturer of Real Fresh Kosher Beef. The company is focusing on sourcing beef directly from the origin to offer fresh beef.
- In January 2022, Argentina’s minister of Agriculture has allowed the exportation of beef production to the Israeli market for the year 2022. This, in turn, will expand the sales of kosher beef in Israel.
Key Segments Covered in the Kosher Beef Market
-
Kosher Beef Market by Cuts :
- Kosher Beef Brisket
- Kosher Beef Shank Cut
- Loin Kosher Beef Cut
- Others Kosher Beef Cuts
-
Kosher Beef Market by Distribution Channel :
- Online Kosher Beef Sales
- Offline Kosher Beef Sales
-
Kosher Beef Market by Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Cuts
- 5.1. Brisket
- 5.2. Shank
- 5.3. Loin
- 5.4. Other Cuts
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel
- 6.1. Online
- 6.2. Offline
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Asia Pacific
- 7.5. MEA
- 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 12. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 13. Key Countries Market Analysis
- 14. Market Structure Analysis
- 15. Competition Analysis
- 15.1. Solomon Kosher Butcher
- 15.2. Grow & Behold Foods
- 15.3. Aufschnitt Meats
- 15.4. Zephyr Foods, LLC
- 15.5. Kol Foods
- 15.6. Assa Abloy
- 15.7. American Foods Group
- 15.8. Rosenblatt Meats
- 15.9. Tevya’s Ranch
- 15.10. Springfield Group Inc.
- 16. Assumptions & Acronyms Used
- 17. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2017 to 2032
Table 02: Global Market Volume (Tons) Forecast by Region, 2017 to 2032
Table 03: Global Market Value (US$ Mn) Forecast by Cuts, 2017 to 2032
Table 04: Global Market Volume (Tons) Forecast by Cuts, 2017 to 2032
Table 05: Global Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 06: Global Market Volume (Tons) Forecast by Distribution Channel, 2017 to 2032
Table 07: North America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 08: North America Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 09: North America Market Value (US$ Mn) Forecast by Cuts, 2017 to 2032
Table 10: North America Market Volume (Tons) Forecast by Cuts, 2017 to 2032
Table 11: North America Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 12: North America Market Volume (Tons) Forecast by Distribution Channel, 2017 to 2032
Table 13: Latin America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 15: Latin America Market Value (US$ Mn) Forecast by Cuts, 2017 to 2032
Table 16: Latin America Market Volume (Tons) Forecast by Cuts, 2017 to 2032
Table 17: Latin America Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 18: Latin America Market Volume (Tons) Forecast by Distribution Channel, 2017 to 2032
Table 19: Europe Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 20: Europe Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 21: Europe Market Value (US$ Mn) Forecast by Cuts, 2017 to 2032
Table 22: Europe Market Volume (Tons) Forecast by Cuts, 2017 to 2032
Table 23: Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 24: Europe Market Volume (Tons) Forecast by Distribution Channel, 2017 to 2032
Table 25: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 26: Asia Pacific Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 27: Asia Pacific Market Value (US$ Mn) Forecast by Cuts, 2017 to 2032
Table 28: Asia Pacific Market Volume (Tons) Forecast by Cuts, 2017 to 2032
Table 29: Asia Pacific Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 30: Asia Pacific Market Volume (Tons) Forecast by Distribution Channel, 2017 to 2032
Table 31: MEA Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 32: MEA Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 33: MEA Market Value (US$ Mn) Forecast by Cuts, 2017 to 2032
Table 34: MEA Market Volume (Tons) Forecast by Cuts, 2017 to 2032
Table 35: MEA Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 36: MEA Market Volume (Tons) Forecast by Distribution Channel, 2017 to 2032
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List Of Figures
Figure 01: Global Market Value (US$ Mn) by Cuts, 2022 to 2032
Figure 02: Global Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 03: Global Market Value (US$ Mn) by Region, 2022 to 2032
Figure 04: Global Market Value (US$ Mn) Analysis by Region, 2017 to 2032
Figure 05: Global Market Volume (Tons) Analysis by Region, 2017 to 2032
Figure 06: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 07: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 08: Global Market Value (US$ Mn) Analysis by Cuts, 2017 to 2032
Figure 09: Global Market Volume (Tons) Analysis by Cuts, 2017 to 2032
Figure 10: Global Market Value Share (%) and BPS Analysis by Cuts, 2022 to 2032
Figure 11: Global Market Y-o-Y Growth (%) Projections by Cuts, 2022 to 2032
Figure 12: Global Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 13: Global Market Volume (Tons) Analysis by Distribution Channel, 2017 to 2032
Figure 14: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 15: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 16: Global Market Attractiveness by Cuts, 2022 to 2032
Figure 17: Global Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 18: Global Market Attractiveness by Region, 2022 to 2032
Figure 19: North America Market Value (US$ Mn) by Cuts, 2022 to 2032
Figure 20: North America Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 21: North America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 23: North America Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 26: North America Market Value (US$ Mn) Analysis by Cuts, 2017 to 2032
Figure 27: North America Market Volume (Tons) Analysis by Cuts, 2017 to 2032
Figure 28: North America Market Value Share (%) and BPS Analysis by Cuts, 2022 to 2032
Figure 29: North America Market Y-o-Y Growth (%) Projections by Cuts, 2022 to 2032
Figure 30: North America Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 31: North America Market Volume (Tons) Analysis by Distribution Channel, 2017 to 2032
Figure 32: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 33: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 34: North America Market Attractiveness by Cuts, 2022 to 2032
Figure 35: North America Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 36: North America Market Attractiveness by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Mn) by Cuts, 2022 to 2032
Figure 38: Latin America Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 39: Latin America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 40: Latin America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 44: Latin America Market Value (US$ Mn) Analysis by Cuts, 2017 to 2032
Figure 45: Latin America Market Volume (Tons) Analysis by Cuts, 2017 to 2032
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Cuts, 2022 to 2032
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Cuts, 2022 to 2032
Figure 48: Latin America Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 49: Latin America Market Volume (Tons) Analysis by Distribution Channel, 2017 to 2032
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 52: Latin America Market Attractiveness by Cuts, 2022 to 2032
Figure 53: Latin America Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 55: Europe Market Value (US$ Mn) by Cuts, 2022 to 2032
Figure 56: Europe Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 57: Europe Market Value (US$ Mn) by Country, 2022 to 2032
Figure 58: Europe Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 59: Europe Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 62: Europe Market Value (US$ Mn) Analysis by Cuts, 2017 to 2032
Figure 63: Europe Market Volume (Tons) Analysis by Cuts, 2017 to 2032
Figure 64: Europe Market Value Share (%) and BPS Analysis by Cuts, 2022 to 2032
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Cuts, 2022 to 2032
Figure 66: Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 67: Europe Market Volume (Tons) Analysis by Distribution Channel, 2017 to 2032
Figure 68: Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 70: Europe Market Attractiveness by Cuts, 2022 to 2032
Figure 71: Europe Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 72: Europe Market Attractiveness by Country, 2022 to 2032
Figure 73: Asia Pacific Market Value (US$ Mn) by Cuts, 2022 to 2032
Figure 74: Asia Pacific Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 75: Asia Pacific Market Value (US$ Mn) by Country, 2022 to 2032
Figure 76: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 77: Asia Pacific Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 80: Asia Pacific Market Value (US$ Mn) Analysis by Cuts, 2017 to 2032
Figure 81: Asia Pacific Market Volume (Tons) Analysis by Cuts, 2017 to 2032
Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Cuts, 2022 to 2032
Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Cuts, 2022 to 2032
Figure 84: Asia Pacific Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 85: Asia Pacific Market Volume (Tons) Analysis by Distribution Channel, 2017 to 2032
Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 88: Asia Pacific Market Attractiveness by Cuts, 2022 to 2032
Figure 89: Asia Pacific Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 90: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 91: MEA Market Value (US$ Mn) by Cuts, 2022 to 2032
Figure 92: MEA Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 93: MEA Market Value (US$ Mn) by Country, 2022 to 2032
Figure 94: MEA Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 95: MEA Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 98: MEA Market Value (US$ Mn) Analysis by Cuts, 2017 to 2032
Figure 99: MEA Market Volume (Tons) Analysis by Cuts, 2017 to 2032
Figure 100: MEA Market Value Share (%) and BPS Analysis by Cuts, 2022 to 2032
Figure 101: MEA Market Y-o-Y Growth (%) Projections by Cuts, 2022 to 2032
Figure 102: MEA Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 103: MEA Market Volume (Tons) Analysis by Distribution Channel, 2017 to 2032
Figure 104: MEA Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 105: MEA Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 106: MEA Market Attractiveness by Cuts, 2022 to 2032
Figure 107: MEA Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 108: MEA Market Attractiveness by Country, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was the kosher beef market worth in 2021?
As of 2021, kosher beef sales reached a valuation of US$ 66.65 Billion, according to Fact.MR.
What is the expected market worth of kosher beef in 2022?
By 2022-end, sales of kosher beef components are forecast to be valued at US$ 70 Billion.
From 2022-2032, what is the expected forecast CAGR for the kosher beef market?
Fact.MR foresees the kosher beef industry to flourish at a CAGR of 5% from 2022-2032.
What is the anticipated market value for kosher beef in 2032?
By 2032, the market for kosher beef is likely to reach a value of US$ 114 Billion.
What are the growth prospects for the kosher beef market in the U.S?
Kosher beef sales will likely flourish at a 10% CAGR in the U.S. in 2032.
Which countries are expected to lead the kosher beef industry in Asia?
China and U.S. will emerge as key kosher beef market leaders, growing at CAGRs of 8% and 10% respectively.
Which kosher beef cut type is expected to remain top selling until 2032?
Loin cut is expected to hold a market share of 40% for kosher beef in the assessment period 2022-2032.
Which distribution channel is likely to be the dominant for kosher beef?
Offline distribution channel is expected to possess 70% market share of kosher beef.