248.535.7090

Kosher Michigan Logo
 

Posts Tagged ‘Kosher Products’

 

Kosher Foods Industry Grows in U.S. and Globally

Posted on: January 17th, 2022 by Kosher Michigan

The awareness regarding health and wellness is rising rapidly. This trend has caused the demand and availability for various types of kosher food to grow speedily in the past several decades. This growth is expected to continue to rise over the next decade and beyond.

The global kosher food market is expected to reach a market size of $28.85 billion by 2028, and project a CAGR of 4.16% during the forecast period, 2019-2028. The base year considered for the market study is 2018, and the forecast period is between 2019 and 2028.

Key factors fuelling the global kosher food market growth: High prevalence of lactose intolerance, the demand for kosher food products among non-Jewish consumers, and an increase in the number of health-conscious consumers.

Rabbi Jason Miller of Kosher Michigan Kosher Certification Agency

 

In the 1990s, only 18 kosher certification agencies were functional across the world. With the expansion of the global kosher certification industry, the current number is estimated to be over 1,600 kosher certification agencies led by rabbis. Of this number, approximately 600 are found in the United States. Of the 600 kosher certification agencies in the U.S., the vast majority are run by Orthodox rabbis. Since the mid-2000s, a small number of U.S.-based kosher certification agencies have been started by non-Orthodox rabbis, including Rabbi Jason Miller of Michigan, the founder and kosher director of Kosher Michigan — KM Kosher Certification Agency, based in West Bloomfield, Michigan. Rabbi Miller’s kosher organization now boasts hundreds of clients around North America plus dozens more in India. While Miller faced much pessimism when he launched KM back in 2008, he was determined to grow his kosher agency, which is now the largest non-Orthodox kosher certification agency in the world.

What has fueled the growth in the kosher market?

This growth is primarily attributed to customer demands for allergen-free, clean labels, organic, and vegan foods. As companies are continually adapting to kosher certification, it has become mandatory for raw material suppliers to be kosher certified. This upsurge in demand for kosher food products around the world has renewed prospects for enterprises, including raw material suppliers and kosher food manufacturers.

The consumption of kosher food by non-Jewish consumers is also propelling market growth in the kosher segment. The snacks and savory, bakery, and confectionery product segments, under the product category, are estimated to witness a significant compound annual growth rate (CAGR) during the forecast period. Snacks and savory items comprise rolls, wraps, sandwiches, bread, nachos, crackers, chips, gushers, and peanut butter, among several others. Bakery and confectionary products like cookies, pies, pastries, and muffins are usually prepared using flour. The growth of these segments is driven by emerging and new market players, and assorted food items.

The North American region is estimated to be the major contributor to the global market in terms of market share. The United States is second to Israel in terms of Jews and is one of the most lucrative markets for kosher food manufacturers. Therefore, the presence of Jews in the United States and Canada bolsters the kosher food market growth in the North American region. Furthermore, the adoption of kosher food by the non-Jewish community, owing to its benefits, is anticipated to offer potential expansion opportunities for the market players in the region.

The global market is witnessing potential lucrative opportunities, owing to the rising presence of varied kosher food products. The professional culinary sector has emerged as a positive trend, increasing the popularity of kosher food. Chefs are the key cuisine trend drivers. Online shopping is one of the leading distribution channels for kosher food products as a result of consumer behavior, availability, and variety.

Kosher Food Industry Set to Expand Greatly

Posted on: November 12th, 2021 by Kosher Michigan

Kosher Foods Market to See a Big Increase in 2023 and Beyond

“There’s no question that the kosher food industry has already grown significantly and is on a path toward historic expansion,” said Rabbi Jason Miller, a Conservative rabbi and the founder of Kosher Michigan. Kosher Michigan is a kosher certification agency based in Rabbi Miller’s hometown of Metro Detroit, Michigan. Launched in 2008, Kosher Michigan (KM) has seen immense year-over-year growth in both the number of kosher clients as well as the shear number of food products KM has certified as kosher. An expansion to India and some Far East countries in 2015 has led KM’s advancement in the spice and dry foods industry.

Rabbi Miller, the kosher director of Kosher Michigan Kosher Certification Agency, referenced a recent competitive landscape summary of the “Kosher Foods Market” report that detailed the essence of what is driving the record numbers of growth in the kosher food industry. The report Rabbi Miller referred to evaluates historical data on the kosher foods market growth and compares it with current market situations.

Rabbi Jason Miller of Kosher Michigan Kosher Certification Agency

 

Further information about the Kosher Food Industry report also focuses on market share, the highest growth rate of emerging players, business strategies, production, and prospects. The report provides data to the customers that are of historical & statistical significance informative. It helps to enable readers to have a detailed analysis of the development of the market.

The Kosher Foods market report provides a detailed analysis of the major market players with the overall market overview of their business, recent developments, expansion plans, gross margin, profit status, and strategies. Additionally, this report includes the current market opportunity of the market. The research report contains development restraints and challenges faced which can control the market growth and risk. The company profile discovers a business overview and financial information include economic growth and recovery during the Covid-19 pandemic.

Kosher Foods Market Segment and Scope:

The Kosher Foods market report growth depends on product application, type, technology, and region. This report covers a comprehensive outlook on market size, regional sales, growth rate, global opportunities, and manufacturing costs in the respective regions. It provides detailed information on emerging trends, leading competitors based on the technology-oriented innovations to demonstrate the Kosher Foods market growth and portfolio strategies. Each market segmentation allows readers to grasp the difficulties of the current market situations. Our report provides insights into the financial fluctuations of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape includes development strategies, market share, and market ranking analysis globally.

The global Kosher Foods market report provides a holistic evaluation of the market for the forecast period (2021–2027). The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. An extended view of regional analysis aims to bring readers closer to market opportunities and risks. It also examines the economic scenarios with the impact of Covid-19 analysis is expected to grow the market on a large and small scale.

Geographical Analysis:

The global Kosher Foods Market research report provides compressive data of the current market, geographical regions, and sub-regions are worldwide. This report gives market size estimates and forecasts in different countries. The report focuses on quantitative records with applicable qualitative insights. The report highlights the significant regions are North America, Europe, Asia-Pacific, Middle East, and Africa, South America.

Some of the key questions answered in this report:

What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
Which are the key factors driving the Kosher Foods market?
What was the size of the emerging Kosher Foods market by value in 2021?
What will be the size of the emerging Kosher Foods market in 2027?
Which region is expected to hold the highest market share in the Kosher Foods market?
What trends, challenges and barriers will impact the development and sizing of the global Kosher Foods market?

 

CONTACT DETAIL

KM KOSHER CERTIFICATION AGENCY

5657 W. Maple Road
Suite B
West Bloomfield, MI 48322

Phone: 248.535.7090

Monday – Friday 9 am – 5 pm
Closed Saturday and Sunday

 
 

©2022 Kosher Michigan – Kosher Certification Agency | Designed by Access Technology