Kosher Beef Market Size, Share, Growth Report 2032

Industry Perspective:

The Global kosher beef market size was evaluated at $25.2 Billion in 2022 and is slated to hit $30.3 Billion by the end of 2030 with a CAGR of nearly 11.1% between 2023 and 2030.

The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global marketspace. The kosher beef industry report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the report explores the investor and stakeholder space to help companies make data-driven decisions.

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Kosher Beef Market: Overview

End-user perception of the kosher beef business has improved in the current years. As per the report published by the National Cattlemen's Beef Association in the first quarter of 2021, the percentage of consumers who claim to intaking beef at least once in a week increased from nearly 67% to about 72% from January 2020 to September 2020 in comparison to the same time-interval in 2019. In addition to this, the number of people having an optimistic view of kosher beef has increased, with favorable opinions exceedingly nearly 70%.

Key Insights

• As per the analysis shared by our research analyst, the global kosher beef market is projected to expand annually at the annual growth rate of around 11.1% over the forecast timespan (2023-2030)
• In terms of revenue, the global kosher beef market size was evaluated at nearly $25.2 billion in 2022 and is expected to reach $30.3 billion by 2030.
• The global kosher beef market is anticipated to record massive growth over the forecast period owing to the rise in the Jewish population across the globe will prompt the expansion of the kosher beef market globally.
• Based on cuts, the brisket segment is predicted to register the highest CAGR over the forecast timeline.
• In terms of distribution channel, the offline segment is projected to account for a major share of the global market in 2023-2030.
• Region-wise, the North American kosher beef market is projected to register the fastest CAGR during the assessment period.

Kosher Beef Market: Growth Factors

Surging Jewish populace globally has prompted product demand across the globe

Rise in the Jewish population across the globe will prompt the expansion of the kosher beef market globally. Reportedly, the population of Jews across the U.S. was nearly 6 million by September 2021 and this has enhanced the consumption of kosher beef in the country. In addition to this, nearly 40% of the Jew populace in the U.S. prefer the kashrut diet and this is likely to steer the demand for kosher beef in the U.S. and across the globe. High nutritive quality of kosher beef for strengthening muscles will favorably leverage the expansion of the global kosher beef market.

Furthermore, easy access to kosher beef at various retail shops has prompted an upsurge of the kosher beef market across the globe. With kashrut food becoming the mainstream food in the countries such as Japan and China, the market for kosher beef is predicted to gain traction in the years ahead.

Kosher Beef Market: Restraints

Rise in product costs to decimate the global industry expansion

Growing costs of kosher beef can put brakes on the expansion of the global kosher beef industry. Apart from this, a few of the countries such as India have banned the intake of beef. In addition to this, transportation charges for kosher beef are high, thereby putting further brakes on the global industry surge.

Kosher Beef Market: Opportunities

Surge in product purchase & penetration across the globe to open new growth avenues for the global market

Increase in the sale of kosher beef across the globe is likely to create new growth opportunities for the global kosher beef market.

Kosher Beef Market: Challenges

Increase in cardiac disorders to put a big challenge to the expansion of the global industry

Rise in the obesity and heart disorders due to an increase in the levels of cholesterols due to beef intake along with the huge presence of fatty acids in beef has put up the biggest challenge in the growth path of the global kosher beef industry.

Kosher Beef Market: Segmentation

The global kosher beef market is sectored into cuts, distribution channel, and region.   

In terms of cuts, the global kosher beef market is sectored into brisket, loin, shank, and others segments. Furthermore, the brisket segment, which accounted for more than two-fifths of the global market share in 2022, is set to maintain the dominance of the cuts segment even during the forecasting period. The segmental surge in the next eight years can be attributed to a growing inclination towards the use of clean labeled products along with surging demand for protein-rich food items.

Based on the distribution channel, the kosher beef industry across the globe is divided into offline and online segments. The offline segment, which contributed for about three-fourths of the global industry share in 2022, is expected to rule the global industry expansion even in the foreseeable future. The growth of the segment in the coming years can be subject to easy access to kosher food and the consumer trend for physical verification of the food products as well as its easy availability in restaurants, butcher houses, retail stores, and hypermarkets.

Recent Breakthroughs:

• In the first half of 2021, FreshDirect, a U.S.-based online grocery firm, joined hands with Cutting Edge Foods, a key manufacturer of fresh kosher beef. The move will provide impetus to the expansion of the kosher beef market across the globe.
• In the first quarter of 2022, a platform representing mindful eating & kosher culinary experiences and referred to as Prairie Street Prime introduced kosher meat delivery that provides a pivotal segment of premium kosher beef in various U.S. cities including Palm Beach, New York City, and California. The move will contribute majorly towards the earnings of the global kosher beef market.
• In the first half of 2022, Ku Chabad entered a strategic alliance with Allen Fieldhouse, a full-service kosher beef dish, that can be availed on all weekdays during basketball games. Reportedly, the Glatt kosher deli provides all-beef kosher hot dogs as well as kosher smoked pastrami on rye.

Kosher Beef Market: Report Scope

Kosher Beef Market: Regional Insights

Asia-Pacific kosher beef market to garner huge proceeds in the next eight years

Asia-Pacific, which accounted for more than 40% of the global kosher beef market revenue in 2022, is anticipated to dominate the regional market growth during the projected timeline. The regional market expansion over 2023-2030 can be due to a rise in beef intake in the countries such as China, South Korea, Japan, Indonesia, and Vietnam. Moreover, the pandemic-related shortage of labor witnessed in the countries such as China has increased the import of beef from other countries with Australia becoming the highest beef supplier for China.

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On the other hand, the North American kosher beef industry is set to record the fastest CAGR of nearly 15.6% in the forecasting timeline. The growth of the market in the region can be credited to the growing presence of the Jewish population in the country such as the U.S. Reportedly, approximately 15% of the beef-eating population in the country intakes kosher due to religious beliefs. Moreover, customers in the sub-continent are opting for consumption of kosher beef owing to its notable benefits including food security and high quality of the food products. As per the USDA’s data on food availability in 2019, an American intake nearly 55 pounds of beef every year. Hence, the North American sub-continent contributes substantially towards the beef intake across the globe with the U.S. market contributing a major stake in the global market share. All these aforementioned factors have contributed notably to the demand for kosher beef in the region.

Kosher Beef Market: Competitive Space

The kosher beef market profiles key players such as:

• Solomon Kosher Butcher
• Aufschnitt Meats
• ZEPHYR FOODS LLC
• Grow & Behold Foods
• ASSA ABLOY
• Springfield Group Inc.
• KOL FOODS
• Tevya’s Ranch
• American Foods Group
• Rosenblatt Meats.

The global kosher beef market is segmented as follows:

By Cuts

• Brisket
• Loin
• Shank
• Others

By Distribution Channel

• Offline
• Online

 By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa