Israel: Israel 2019 Food Processing Ingredients
With over 1,800 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2017, Israeli food processors’ annual revenue stood at $16.75 billion while the beverage and tobacco industry’s annual revenue was $2.2 billion. The sector currently represents over 17 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 2018, Israel imported $2.79 billion in raw food products for the food processing industry.