Authored By: Sarah
11 Jul 2024

 Agriculture Market in Israel Size to grow by USD 2764 million between 2024-2028

According to a research report “ Agriculture Market in Israel” by Type (Oilseeds and pulses, Cereals and grains, Commercial crops, Fruits and vegetables, Fishery consumables and meat) Distribution Channel (Supermarket, Convenience stores, E-commerce) Geography (Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 2764 million, at a CAGR of  4.6% during the forecast period. The agriculture market in Israel is experiencing significant growth, driven in large part by the expansion of organized retail channels. Vendors are prioritizing the enhancement of their distribution networks through organized retail to boost sales volumes and revenue. The establishment of numerous supermarkets, hypermarkets, and specialty stores has fueled the growth of organized retail in Israel. Hypermarkets and supermarkets serve as the primary offline distribution channels for agriproducts in the country. Organized retail plays a pivotal role in offline distribution, streamlining the consumer shopping experience and offering a wide selection of cereals, grains, fruits, and vegetables. The burgeoning organized retail sector in Israel is poised to propel the agriculture market's growth during the forecast period.

Browse market data tables, figures, and in-depth TOC on “Agriculture Market in Israel” by Type (Oilseeds and pulses, Cereals and grains, Commercial crops, Fruits and vegetables, Fishery consumables and meat) Distribution Channel (Supermarket, Convenience stores, E-commerce) Geography (Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Type, the Oilseeds and pulses segment is projected to dominate the market size in 2024

The Israeli agriculture market presents significant business opportunities, with a focus on innovative farming techniques and advanced technology adoption. Key sectors include arid agriculture, organic produce, and high-value crops. The government's support for research and development, along with a favorable business environment, makes Israel an attractive destination for agriculture investment. Additionally, the country's strategic location and access to major markets further enhance its agricultural competitiveness.

By Distribution Channel, Supermarket  segment is expected to hold the largest market size for the year 2024

The Israeli agriculture market presents lucrative opportunities for businesses due to its diverse climate, advanced technology adoption, and focus on export-oriented production. Key crops include citrus fruits, vegetables, and grains, with Israel being a leading global exporter of fresh produce. The government's commitment to research and development, as well as sustainable farming practices, further strengthens the sector's competitiveness. Businesses looking to enter this market can benefit from partnerships with local players and leveraging Israel's advanced agricultural technology.

Middle East and Africa is forecasted to hold the largest market size by region in 2024

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The Agriculture Market in Israel growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Afimilk Ltd.
  • Agro Shelef Ltd
  • AquaMaof Aquaculture Technologies Ltd.
  • BASF SE
  • Bayer AG
  • Bogar Bio Bee Stores Pvt. Ltd.
  • CropLife International AISBL
  • Ginegar Plastic Products Ltd.
  • Groupe Limagrain
  • Hishtil
  • Kaiima Ltd.
  • miRobot
  • Orbia Advance Corp. S.A.B. de C.V.
  • Palram Industries Ltd
  • Rivulis Irrigation Ltd.
  • SOCIETE SAS
  • Strauss Group Ltd.
  • Syngenta Crop Protection AG
  • The Israeli Research and Development Co. Ltd.
.

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Research Analysis Overview

Israel's agriculture market is known for its innovative use of agricultural technologies, particularly in arid conditions. Drip irrigation and leak prevention technologies are key components of precision agriculture, enabling efficient use of natural resources. The country's farming sector focuses on commercial crops like Almonds, Pomegranates, Olive Oil, Avocados, Dates, Bananas, Grapefruit, Turnips, Carrots, Tomatoes, and various pulses, oilseeds, cereals, and grains. Israel's agricultural production caters to both domestic and international markets, meeting consumer needs for high-quality farm products. Meat and fishery consumables are also part of the agricultural sector. The use of advanced agricultural technologies ensures sustainable farming practices and high yields, even under challenging arid conditions. Israel's agricultural sector is diverse and innovative, with a focus on research and development. Some of its major exports include citrus fruits, vegetables, and high-value products like pomegranates, almonds, and olive oil. The country's agricultural sector continues to thrive, contributing significantly to the economy and food security.

Market Research Overview

Israel's agriculture sector is diverse and productive, encompassing a range of commercial crops from Food Crops like wheat, barley, and corn, to Horticultural Crops such as Turf and Ornamentals, Persimmon, Strawberries, Grapes, Nectarines, Plums, Cherries, Apples, Tangerines, Oranges, and Fresh Citrus Fruits. The country's Agricultural Output amounts to over 10 Metric Ton annually, with Fruit Production accounting for a significant portion. Israel's arid conditions necessitate the use of advanced Agricultural Technologies like Drip Irrigation and Leak Prevention Technologies to optimize Water Resources. Precision Agriculture is also employed to cater to Consumer Needs, ensuring the highest quality Farm Products. Besides traditional crops, Israel is known for its production of Almonds, Pomegranates, Olive Oil, Avocados, Dates, Bananas, Grapefruit, Turnips, Carrots, Tomatoes, and Pulses. The sector also includes Oilseeds, Cereals, and Grains, as well as Meat and Fishery Consumables. Israel's agricultural sector is a vital contributor to the economy, with Commercial Crops like Fruits and Vegetables being major exports. The sector's success can be attributed to its focus on innovation and sustainable use of Natural Resources.

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Email: media@technavio.com
Website: www.technavio.com/

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