Markettrend: Kosher- And Halal-certified Foods In The U.s.
MarketTrend: Kosher- and Halal-Certified Foods within the U.S.
Pages : 104
The report talks about the numerous similarities between kosher and halal foods:
Both include nutritional guidelines derived from ancient sacred texts
Ritual slaughter emphasizes respect when it comes to animal
Forbidden components include those based on man locks, bird feathers, along with other unsavory sources which can be acceptable to U.S. government agencies
Standards for food manufacturing are more thorough compared to those required because of the U.S.
Crucial differences may also be dealt with:
The Jewish populace in the United States is small – less than 2percent – and is expected to drop, both in the U.S. and worldwide.
A substantial percentage of kosher customers in the us are not Jewish. They purchase kosher since they still find it safer, much better, healthiest.
Muslims represent lower than 1percent of U.S. populace. Globally, on the other hand, one in five individuals practice the trust.
“Halal” pertains to all issues with Islamic life, from banking to toothpaste.
People in the us tend to be largely unaware of the halal idea and its particular attractive characteristics with respect to food.
In MarketTrend: Kosher- and Halal-Certified ingredients inside U.S., keeps the quantity of main-stream products which have acquired kosher official certification has now reached crucial mass, and thus has got the share of consumers whom deliberately search for kosher foods. For halal, couple of Us americans have even been aware of it. Being grow these areas, organizations must educate consumers towards benefits that define these foods and third-party official certification thereof. Being among the most encouraging prospects:
The big number of consumers who are worried about food protection and are usually skeptical about food labeling
Those on gluten-free or meatless diet plans
Asian Us americans, whom consume less dairy and drink less liquor when compared to total U.S. population
Those who apply honest consumerism
The kosher foods marketplace has its own aspects no definitive parameters, so accurate product sales information tend to be difficult to come by. Employs revolutionary methodologies to unravel the complexities associated with the marketplace. By synthesizing information from government companies, syndicated study solutions, and interviews with industry professionals and consumers, It is able to provide sales information the diverse sections associated with the marketplace for qualified kosher meals.
Particularly, estimates that sales of qualified kosher meals swelled from nearly $ 150 billion in 2003 to above two hundred dollars billion in 2008, demonstrating an ingredient annual growth rate two times compared to the entire food market. The rise is basically attributable to the increasing wide range of certified items, in addition to a growing number of customers just who deliberately seek out kosher meals does not see traditional or “ethnic” kosher foods adding to market development.
Forecasts the total market for certified kosher food will approach $ 260 billion, while sales of items that are ordered since they’re kosher will fall between $ 14 billion (low estimate) and $ 17 billion (high estimation).
Considering that the concept of market for licensed halal foods is an extremely new sensation, Muslims compose a rather tiny share of this U.S. populace, and many for the countries which can be home to large Muslim communities have actually simply started to monitor and quantify product sales, hard information tend to be practically nonexistent. In MarketTrend: Kosher- and Halal-Certified Foods within the U.S., examines all the offered data to draw a portrait of Muslims in U.S, as supporters of Islam, as People in the us, so when consumers.
No other researching the market report offers the comprehensive analysis, considerable data, and special insights on the similarities and differences in these two traditions of faith-based consumption. In particular, analyzes possibilities for U.S. kosher and halal meals manufacturers to a target mainstream People in america also promising markets like Asian People in america, ethical consumers, and “foodies.”
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