Market Size of Israel Fruits & Vegetables Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.10 % |
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Israel Fruits and Vegetables Market Analysis
Israel Fruits and Vegetables Market is projected to grow at a CAGR of 6.1% during the forecast period.
- Fruits and Vegetables remain a staple in the Israeli diet. The majority of fruits and vegetables are grown locally, and a limited are imported. This industry will encourage competition and lower the cost of living, with a greater variety of fruit and vegetables made available throughout the year. In parallel, farmers will benefit from budgets, grants, and investments that will significantly promote Israeli agriculture and make it more technological and innovative. This will make an opportunity for the country to boost the growth of the market in the coming years.
- According to the Ministry of Agriculture and Rural Development, the fruit industry in Israel covers about 120,000 thousand hectares, which constitute about 33% of the cultivated agricultural areas that are spread over all parts of the country, from the Eliot region in the south to Mount Hermon in the north. The fruit industry is mostly an open and intensive agricultural area for citrus and orchards. Citrus area covers about 17,000 hectares, and plantation area about 100,000 hectares.
- Vegetable industry is spread over approximately 55,000 hectares and includes a wide variety of crops in open areas, under protected conditions in growth houses and in network houses all regions of the country and in all seasons, which allows continuous vegetable production throughout the year. In 2021, the volume of vegetable production was 1.2 million metric ton, intended for fresh consumption in the domestic market, for industrial processing and export of fresh produce to Europe and the United States.
- The major drivers helping the market to grow are increase in technological innovation in agriculture, favorable government policies with the aim to supply close to 100% of Israeli fruit consumption by 2030 are some of the factors which will drive the market growth in the coming years.
