Israel: Food Processing Ingredients 2018
With over 1,800 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2016, Israeli food processors’ annual revenue stood at $15.9 billion while the beverage and tobacco industry’s annual revenue was $2.1 billion. The sector currently represents over 18 percent of Israel’s total manufacturing industry’s revenue. 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 2016, Israel imported $2.3 billion in raw food products for the food processing industry.
