Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 25.2 Billion | USD 30.3 Billion | 11.1% | 2022 |
FrequentlyAsked Questions
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.
The global kosher beef market is projected to expand over 2023-2030 owing to easy access to kosher beef at various retail shops. 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.
According to study, the global kosher beef market size was $25.2 billion in 2022 and is projected to reach $30.3 billion by the end of 2030.
The global kosher beef market is anticipated to record a CAGR of nearly 11.1% from 2023 to 2030.
The North American kosher beef industry is set to register the fastest CAGR over the forecasting period subject 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.
The global kosher beef market is led by industry 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, and Rosenblatt Meats.
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