Kosher Beef Market To Witness A Significant Growth Of USD 100.85 Billion By 2030

 San Francisco, 7 Nov 2022: The Report Kosher Beef Market Size, Share & Trends Analysis Report By Cuts (Brisket, Shank, Loin), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2022 - 2030

The global kosher beef market size is expected to reach USD 100.85 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.4% from 2022 to 2030. The growing preference for kosher beef in the key countries such as the U.S., France, and Israel, which has the highest Jewish population and accounts for over 86.8% of the global Jewish population, is driving the market. In 2021, approximately 74.2% of Israel’s population was Jewish, making it a key market for kosher beef.

Consumer perceptions of the kosher beef business, in particular, have improved in recent years. According to a report published by the National Cattlemen's Beef Association in February 2021, the percentage of customers who claim to eat beef at least weekly grew from 67% to 72% from January to September 2020, compared to the same period in 2019. Furthermore, the number of individuals who have a favorable opinion of kosher beef has risen, with favorable opinions exceeding 70% for the first time.

The brisket cuts segment is expected to emerge as the fastest-growing segment over the forecast period. The demand for brisket continues to be strong, particularly owing to the increased popularity of barbecuing as brisket is one of the most flavorful cuts of beef. It is used to make corned beef, pastrami, and pot roast and can be slow-cooked in a barbeque or a smoker. The rising popularity of grass-fed brisket is one of the trends positively influencing the market for briskets.

The Asia Pacific region dominated the market in 2021. The key beef markets in Asia Pacific are China, India, Pakistan, Japan, and Australia. China is one of the world’s largest markets for beef as the country is witnessing a significant rise in consumption, driven by increasing disposable incomes, coupled with growing urbanization, which is expected to be a key catalyst for market growth in the region over the coming years. Major players in the global market include a combination of a few established players and many startups.

Access Research Report of Kosher Beef Market @ https://www.grandviewresearch.com/industry-analysis/kosher-beef-market

Kosher Beef Market Report Highlights

  • Asia Pacific held the largest revenue share in 2021. The growing market in China, South Korea, Japan, and India is one of the major factors propelling the regional market growth
  • The brisket cuts segment is projected to register the fastest growth rate during the forecast period. The growing preference for clean labeled products and increasing demand for protein-rich food products are boosting the growth of the segment
  • The online distribution channel is predicted to emerge as the fastest-growing segment during the forecast period

List of Key Players of Kosher Beef Market

  • Solomon Kosher Butcher
  • Grow & Behold Foods
  • Aufschnitt Meats
  • ZEPHYR FOODS, LLC
  • KOL FOODS
  • ASSA ABLOY
  • American Foods Group
  • Tevya’s Ranch
  • Rosenblatt Meats
  • Springfield Group Inc.

Access Press Release of Kosher Beef Market @ https://www.grandviewresearch.com/press-release/global-kosher-beef-market

 

Comments

Post a Comment

Popular posts from this blog

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein ...
Read more

Gas Detection Equipment Market Anticipated To Expand At A CAGR 9.7% From 2021 To 2028

  San Francisco, 5 May 2021:   The Report  Gas Detection Equipment Market  Size, Share & Trends Analysis Report By Product, By Technology (Infrared, Catalytic, PID), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global gas detection equipment market size is expected to reach USD 8.38 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.7% from 2021 to 2028. The market growth can be attributed to the growing awareness among governments regarding the harmful effects of greenhouse gases, coupled with their increased efforts toward protecting the environment. Major industries such as petroleum, oil, and gas, among others are needed to comply with safety and environmental regulations which are also major factors driving the market growth. Many companies are focused on introducing drone-based gas detection equipment, which is expected to create new opportunities for market growth in...
Read more