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Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)
Key regions: South Korea, Russia, Canada, Philippines, China
The Fresh Meat market in The Food market of Israel has been experiencing minimal growth, influenced by factors such as consumer health awareness, online convenience, and the adoption of digital technologies. Despite the slow growth rate, this market is still driven by the sub-markets of Beef & Veal, Pork, Poultry, Mutton & Goat, and Other Fresh Meat.
Customer preferences: Consumers in Israel are increasingly prioritizing sustainable and ethical meat production, leading to a surge in demand for organic and grass-fed meat options. This shift is driven by a growing awareness of the environmental and health impacts of factory farming, as well as a desire for high-quality and locally sourced meat products. Furthermore, the rise in vegetarian and vegan diets among younger generations has also influenced consumer preferences in the Fresh Meat Market.
Trends in the market: In Israel, the Fresh Meat Market within the Meat Market is experiencing a shift towards organic and sustainable meat options, driven by a growing awareness of environmental and health concerns. This trend is expected to continue, with consumers becoming more conscious of their food choices and demanding transparency from suppliers. Additionally, there is a rise in online meat sales, as e-commerce platforms offer convenience and a wider variety of products. This trend is significant for industry stakeholders, as it presents opportunities for differentiation and growth through ethical and digital strategies. However, it also poses challenges in terms of supply chain management and meeting the demands of a more informed and demanding consumer base.
Local special circumstances: In Israel, the Fresh Meat Market of the Meat Market within The Food market is heavily influenced by the country's religious and cultural practices. With a large population following Kosher dietary laws, the market is dominated by Kosher meat products. Additionally, strict government regulations on importing and labeling of meat products also play a significant role in shaping the market dynamics. The demand for locally-sourced, organic meat is also on the rise, driven by the country's focus on sustainable agriculture and animal welfare.
Underlying macroeconomic factors: The Fresh Meat Market of the Meat Market within The Food market in Israel is strongly influenced by macroeconomic factors such as consumer spending, inflation rates, and government policies. As the economy of Israel continues to grow, there is an increase in consumer demand for high-quality and diverse meat products. Additionally, favorable government policies and investments in the agricultural sector have led to the development of modern and efficient meat production methods, contributing to the growth of the market. However, high inflation rates and rising production costs may pose challenges to market growth in the future. The market is also affected by global economic trends, such as fluctuations in commodity prices and trade policies, which can impact the availability and prices of imported meat products.
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.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)