Israel: Food Processing Ingredients

  |   Attaché Report (GAIN)   |   IS2023-0004

Link to report:

Israel: Food Processing Ingredients

With over 1,800 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2021, Israeli food processors' annual revenue stood at $21.23 billion while the beverage and tobacco industry's annual revenue was $2.67 billion. The sector currently represents over 18 percent of the total manufacturing industry's revenue and employs over 65,000 workers. With limited land and resources and a growing population, demand for ingredients by the Israeli food processing sector represent an excellent opportunity for U.S. exporters of food ingredients. In 2022, Israel imported $4.13 billion in raw food products for the food processing industry. According to Israel’s Central Bank forecast, gross domestic product (GDP) is expected to grow by 2.8 percent in 2023, and by 3.5 percent in 2024. The inflation rate in 2023 is expected to be 3.0 percent and 2.0 percent in 2024.

Near East, Israel
Processed Food Products

Database Source:

Related Reports

View More
Attaché Report (GAIN)

European Union: European Union Finalizes New Rules for Packaging and Packaging Waste Reduction: TEST EDIT

In March 2024, the Council of the European Union and European Parliament concluded negotiations on the EU’s Packaging and Packaging Regulation. The current text is going through a legal review but is now de-facto final and is expected to be formally adopted in the coming months. TEST EDIT
Attaché Report (GAIN)

Canada: Canada Implements a Federal Plastics Registry

On April 22, 2024, Canada announced the implementation of a Federal Plastic Registry to monitor the types and volumes of plastic products, including plastic packaging used in agriculture and food manufacturing, through their life cycle on the Canadian market.
Attaché Report (GAIN)

Senegal: Grain and Feed Annual

Governments’ support for inputs and rice production have lifted area harvested and yields, boosting production across much of the region. Marketing year (MY) 2024/25 area harvested for rice in Senegal, Guinea, Burkina Faso, and Mali is projected up 1.7 percent year-over-year.