Israel: Food Processing Ingredients
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With over 1800 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2018, Israeli food processors' annual revenue stood at $17.8 billion while the beverage and tobacco industry's annual revenue was $2.34 billion. The sector currently represents over 17 percent of Israel's total manufacturing industry's revenue and employs over 66,000 workers. With limited land and resources, as well as a growing population, the ingredients demanded by the Israeli food processing sector represent an excellent opportunity for U.S. exporters of food ingredients. In 2019, Israel imported $2.57 billion in raw food products for the food processing industry.