Kosher Market Key Financials

Over the past twenty-five years, the demand for kosher certified products has increased dramatically. Specifically, the kosher market has been growing at an annual rate of 15% for the past several years. In order to meet this demand, companies throughout the world are seeking kosher certification in order to expand their existing market and enhance sales strategies. The kosher food market encompasses almost every segment of the food industry, from raw ingredients (meat, poultry, and baking products, for example) to processed foods and beverages. Almost all major manufacturers produce at least some food products that bear the kosher symbol, including Coca-Cola, Procter & Gamble, Frito Lay, Kraft, Nabisco, and General Mills. According to Integrated Marketing Communications (IMC), a New York-based marketing firm serving the kosher market, in 2002 some 75,000 CPG products in the U.S. were kosher certified, up from 60,000 in 2000.

• Over $150 billion of kosher certified products are consumed annually
• A report released by the Department of Trade from the Philippines (July 2003) estimates the value of the retail Kosher food market at $US 150 billion
• Kosher market has an average growth rate of 15% per annum. This growth had been consistent since 1984.
• A CBS Marketwatch report (2005) valued the entire Kosher food market at more than $US 600 billion

Kosher Retail Market Key Financials

• 40% of all products sold in the US are kosher certified.
• 75% of all food ingredients manufactured are kosher certified.
• There are currently more than 150,000 different Kosher consumer food products.
• US supermarkets carry approximately 25,000 Kosher products lines on their shelves.
• Over 75,000 companies worldwide currently produce products for the Kosher market.
• Each year 7,500 new products are introduced into the Kosher market globally.

The number of Kosher consumers has risen from 6 million in 1988 to more than 16 million in 2002. is projected that by 2007 there will be 25 million Kosher food consumers worldwide.