Kosher Foods Market Challenges and Business Development Strategies, 2028
Factors such as increasing consciousness about its dietary quality, consumers’ inclinations toward healthy, allergen-free food products and high demand for few kosher-related accessories & kosher cutleries are likely to drive the market in the forthcoming period.
(firmenpresse) - Global kosher foods market is anticipated to witness an exponential growth in the forecast period. Kosher foods are the ones falling under the gambit of Jewish dietary law. Factors such as increasing consciousness about its dietary quality, consumers’ inclinations toward healthy, allergen-free food products and high demand for few kosher-related accessories & kosher cutleries are likely to drive the market in the forthcoming period.
On the other hand, strong competition from halal foods, weak supply chain infrastructure as compared to non-kosher foods, and the absence of unified kosher standards are anticipated to hinder kosher food market growth in the future. However, technological advancements are likely to create lucrative opportunities for the market. Globally, market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Kosher food market is segmented by type, application, distribution channel, and geography. Market is segmented by type as kosher dairy, Kosher pareve, and kosher meat. The end-users include Food and Beverage Industry, Supermarkets and Restaurants.
The “Food and Beverage Industry” segment accounts for a prominent share in the market. It is likely to witness substantial growth in the years to come. The kosher foods industry is segmented based on distribution channel as Offline and Online distribution. The “Offline” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come.
North America is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors such as kosher food products are safe. North America is followed by Asia-Pacific region owing to a surge in use of processed and packaged products.
Key players operating in the kosher foods market include Manischewitz, Kedem Food Products, Nestlé, Art Chocolatier, ADM, Streit’s, Bloomer Chocolate, BASF, Denovo Beverage, Brooklyn Cookie, Hodo Soy, Eden Foods, Levana Meal Replacement, and Ice Chips. The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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food-beverage
kosher-foods-market-news
global-kosher-foods-industry-size
kosher-foods-market-share
kosher-foods-market-demand
kosher-foods-market-analysis
kosher-foods-market-research
kosher-foods-market-forecast-report
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Datum: 26.05.2020 - 11:38 Uhr
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