Kosher Beef Market to Reach USD 100.93 Billion by 2032 : Growing Demand from Health-Conscious and Vegetarian Consumers
Reports and Data
Health Benefits and Rising Demand Drive Global Beef Consumption as Protein and Iron Rich Red Meat Remains Popular Among Health-Conscious Consumers
NEW YORK, USA, UNITED STATE, May 4, 2023 /EINPresswire.com/ -- The global kosher beef market has been gaining traction in recent years, with the market size reaching USD 70.91 Billion in 2022. The market is expected to witness a rapid revenue CAGR of 4% during the forecast period. One of the key drivers of this growth is the rising demand from vegetarian and health-conscious consumers. Beef has become an essential part of the global diet due to its various health benefits. The product contains amino acids, which are vital for muscle building and tissue repair, and various enzymes that prevent illnesses.
Additionally, the market is also being driven by the increasing number of people suffering from lactose intolerance and celiac disorders. These conditions require individuals to avoid certain types of food, which has resulted in an increased demand for kosher beef, which is considered safe for consumption by these individuals. Red meat, including kosher beef, is also known for its high protein content, which reduces hunger pangs and leads to quicker weight loss. Furthermore, red meat is rich in iron, which is easily absorbed by the body and ultimately enhances hemoglobin. These health benefits are contributing to the popularity of kosher beef and are expected to continue driving the market's growth in the coming years.
In conclusion, the global kosher beef market has been witnessing significant growth in recent years and is expected to continue to do so in the future. The rising demand from vegetarian and health-conscious consumers, coupled with the increasing number of people suffering from lactose intolerance and celiac disorders, are key factors driving this growth. With the numerous health benefits associated with kosher beef, it is likely to remain a popular choice for consumers worldwide.
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Some Key Highlights from the Report
In 2022, the fresh segment held the largest revenue share in the worldwide kosher beef market. This is owing to rising consumer knowledge of the benefits of eating fresh meat and the demand for high-quality meat products. Consumers who are worried about their health choose kosher fresh beef since it is derived from animals that have been properly cared for and are in good health.
During the forecast period, the retail segment is expected to have the highest revenue share in the global kosher beef market. This is attributable to increased customer demand for premium beef products and an increase in the number of retail locations. Kosher beef products are of high quality and are derived from animals that have been treated properly. As a consequence, these are preferred by clients who are ready to pay extra for such items and are health-conscious. Furthermore, rising consumer demand for kosher beef products and increased accessibility to these goods through various retail channels are expected to drive revenue growth in this segment.
In 2022, the North American market accounted for the largest revenue share of the worldwide kosher beef market. This is due to an increase in the number of rules controlling the healthcare business that necessitate the use of kosher items, resulting in increased demand for meat in this region.
Key Players covered in this report are
Aaron’s Best
Empire Kosher
Fleishman’s Vinegar
Hebrew National
Kedem Foods
Manischewitz Company
Miller’s Kosher Beef
Royal Wines
Shor Habor
Teva Foods
Town & Country Packing
United Kosher Meats
By Product Type Outlook
Fresh
Processed
By End-use Outlook
Retail
Food Service
Key Regional Markets Covered in the Report:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Major Points covered in this report are as below:
• The Kosher Beef industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Kosher Beef Market report provides key statistics on the market status of the Kosher Beef manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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