Dairy Products & Eggs - Israel

Israel

Revenue in the Dairy Products & Eggs market amounts to €4,308.00m in 2024. The market is expected to grow annually by 6.79% (CAGR 2024-2029).
In global comparison, most revenue is generated in India (€159bn in 2024).
In relation to total population figures, per person revenues of €462.60 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 1,261.00m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 4.5% in 2025.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 110.0kg in 2024.

Key regions: Spain, Canada, United Kingdom, United States, Philippines

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Dairy Products & Eggs Market in Israel is experiencing minimal growth, influenced by factors such as increasing health consciousness among consumers and the convenience of online services. Despite the presence of various sub-markets, including Milk, Yogurt, and Cheese, the overall market growth remains slow due to challenges such as high production costs and fluctuations in demand.

Customer preferences: As health and wellness continue to be top priorities for consumers in Israel, there has been a growing demand for organic and locally-sourced dairy products and eggs. This trend is driven by a desire for clean and sustainable food options, as well as a preference for products that align with traditional Israeli cuisine. Additionally, there has been an increase in plant-based dairy alternatives, reflecting a growing interest in vegan and vegetarian diets among the Israeli population.

Trends in the market: In Israel, the Dairy Products & Eggs market is experiencing an increase in demand for organic and locally-sourced products. This trend is driven by consumers' growing awareness of the health benefits of these products and their desire for sustainable and ethical food choices. Additionally, there is a rise in alternative dairy products, such as plant-based milk and cheese, catering to the increasing number of vegan and lactose-intolerant consumers. These trends are expected to continue in the coming years, presenting opportunities for industry stakeholders to diversify and innovate their product offerings. The shift towards healthier and more environmentally-friendly options also aligns with the government's initiatives for promoting a healthier and more sustainable food system.

Local special circumstances: In Israel, the Dairy Products & Eggs Market is heavily influenced by the country's climate and religious practices. The hot and dry climate limits the production of certain dairy products, leading to a higher demand for imported items. Additionally, the kosher dietary laws followed by a majority of the population restrict the use of certain animal products, creating a niche market for specialized dairy and egg products. These unique factors contribute to the dynamics of the market, with a focus on quality and diverse product offerings.

Underlying macroeconomic factors: The Dairy Products & Eggs Market in Israel is heavily influenced by macroeconomic factors such as consumer spending, government policies, and international trade agreements. With a strong economy and high disposable income, Israel has a large consumer base that values high-quality, locally produced dairy and egg products. Additionally, government initiatives to support agricultural innovation and promote domestic production have further boosted the market. Israel's participation in free trade agreements with the European Union and the United States has also opened up opportunities for export and expansion in the global market. However, fluctuations in international dairy prices and trade tensions can impact the market, highlighting the importance of monitoring global economic trends for market performance.

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.