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Tuesday, January 16, 2007

Kosher Food Valued At $10 Billion?

Americans, known for their delicious appetites have acquired a new taste recently--kosher food.

Eating kosher it seems is not only becoming profitable for the food industry, but it also seems to be appealing to the youth as well.

(Jerusalem Post) The dollar value of the American kosher food market is some $10 billion, and the dollar value of kosher goods produced in the USA is $175b, according to a major kosher food survey conducted by Cannondale Associates.

The survey, presented last week at the 18th annual Kosherfest trade show in New York City, charted the consumer behavior of 10 million households over a period of five years.

The survey found there are 10.5 million kosher food consumers in the US, 70 percent of whom are aged 18 to 35.

The best part about this is that the market for kosher food seems to be growing in the US, with companies "seeing yearly growth of 10-15%." If the saying "you are what you eat" holds true, then this may be a huge indicator on the future direction of the US (tummy-wise that is).

Update: Posted on IsraPundit.

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