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. Jewish cuisine has evolved to become the hottest food trend in countries like U.S., Canada, France, U.K., and Germany. Organizations operating in the foodservice 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 franchises 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.
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.
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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
- An 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
