Market Trends of Agriculture in Israel
This section covers the major market trends shaping the Israel Agriculture Market according to our research experts:
High Levels of Investment in Research and Development Driving the Market
Israel is a world leader in many aspects of agricultural technologies, particularly those associated with farming in arid conditions. In Israel, agriculture does not rely on natural resources but on the induced environment built on technological progress and innovation in the country. According to the results provided by the OECD, Israel implemented an advanced water pricing policy and encouraged innovation in water-related technologies. For instance, from 2016 to 2018, the gross domestic spending on R&D in the country spiked by 8.8%, from 4.5% in 2016 to 4.9% in 2018. Therefore, agriculture in Israel highly benefits from the high levels of investments in advanced technological innovations. The Israeli government also has enormous plans for investments in several advanced technologies, including precision agriculture, leak prevention technologies, and drip irrigation.
Analysis of Fruits in the Market for Agriculture in Israel
Israel is one of the world's leading producers and exporters of fresh citrus fruits, including oranges, grapefruits, and tangerines. As per the study conducted by FAO in 2018, the overall fruit production in the country peaked at 1,419,730 thousand metric ton, garnering nearly 45.1% share of the total agricultural output in the country. The country grows more than forty types of fruits, and in addition to citrus fruits, it also grows bananas, apples, avocados, cherries, plums, nectarines, grapes, dates, strawberries, persimmon, and pomegranates. Israel produces 95% of the crops needed for consumption in the country as it has produced seeds and crops that are disease- and weather-resistant.
