Market Insights Consumer Food Bread & Cereal Products

Other Cereal Products - Israel

Israel

Revenue in the Other Cereal Products market amounts to €2.48bn in 2024. The market is expected to grow annually by 4.36% (CAGR 2024-2029).
In global comparison, most revenue is generated in Egypt (€13,880m in 2024).
In relation to total population figures, per person revenues of €266.30 are generated in 2024.
In the Other Cereal Products market, volume is expected to amount to 0.55bn kg by 2029. The Other Cereal Products market is expected to show a volume growth of 2.4% in 2025.
The average volume per person in the Other Cereal Products market is expected to amount to 51.9kg in 2024.

Key regions: Canada, Spain, South Korea, United States, Japan

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Analyst Opinion

The Other Cereal Products Market in Israel is experiencing negligible growth, influenced by factors such as shifting consumer preferences and limited product innovation. Despite this, the Bread & Cereal Products Market in Israel remains a significant contributor to the overall Food Market, driven by convenience and health awareness among consumers.

Customer preferences: The Other Cereal Products Market within the Bread & Cereal Products Market has seen a rise in demand for gluten-free and organic options, driven by consumers' growing health consciousness. Additionally, there is a trend towards incorporating ancient grains and superfoods into cereals and snacks, reflecting the influence of health and wellness trends on purchasing decisions. This shift is also influenced by the increasing prevalence of vegetarian and vegan diets among younger consumers.

Trends in the market: In Israel, the Other Cereal Products Market is experiencing a shift towards healthier and more diverse cereal options, driven by consumer demand for nutritious yet convenient food choices. This trend is reflected in the increasing availability of gluten-free and organic cereal products, as well as the introduction of innovative flavors and packaging designs. These developments not only cater to evolving consumer preferences, but also present opportunities for market growth and product differentiation for industry players. With a rising health-conscious population and the continued popularity of breakfast cereals, the Other Cereal Products Market in Israel is expected to see sustained growth in the coming years.

Local special circumstances: In Israel, the Other Cereal Products Market of the Bread & Cereal Products Market is heavily influenced by the country's strict kosher laws. This has led to the development of a wide range of kosher-certified cereal products to cater to the dietary needs of the Jewish population. Additionally, Israel's strong agricultural sector has enabled the production of high-quality grains and cereals, contributing to the country's thriving cereal market. The government's support for local food producers has also played a role in the growth of the Other Cereal Products Market in Israel.

Underlying macroeconomic factors: The growth of the Other Cereal Products market in Israel is also influenced by macroeconomic factors such as consumer preferences, government regulations, and economic stability. Israel's strong economy and high disposable income levels have led to an increased demand for convenience and healthy food options. The government's supportive policies for food and agricultural industries have also contributed to the growth of the market. Furthermore, the increasing health consciousness among consumers and the rising prevalence of chronic diseases have driven the demand for other cereal products as a healthier alternative to traditional bread and cereal products.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.