Market Size of Agriculture in Israel
| 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.
