Agriculture in Israel Market Size

Statistics for the 2023 & 2024 Agriculture in Israel market size, created by Mordor Intelligence™ Industry Reports. Agriculture in Israel size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Agriculture in Israel

Agriculture in Israel Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 6.92 Billion
Market Size (2029) USD 8.69 Billion
CAGR (2024 - 2029) 4.65 %
Market Concentration Low

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Israel Agriculture Market Analysis

The Agriculture in Israel Market size is estimated at USD 6.92 billion in 2024, and is expected to reach USD 8.69 billion by 2029, growing at a CAGR of 4.65% during the forecast period (2024-2029).

The increasing technological progress and innovation, the high level of investment in R&D, and the potential expansion of water resources are the three primary drivers behind the market's growth. The most popular products in the Israeli agricultural market are tomatoes, carrots, turnips, grapefruit, and bananas. Israel is also a significant exporter of dates, avocados, olive oil, pomegranates, and almonds, and it is a world leader in agricultural technologies. The government plans to invest more in the agricultural sector to meet the growing consumer needs for farm products.

Agriculture in Israel Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)