Israel Agriculture Market Size Study, by Type (Cereals and Grains, Oilseeds and Pulses, Commercial Crops, Fruits and Vegetables, Fishery Consumables and Meat), by Distribution Channel (Supermarket, Convenience Stores, E-commerce)and Forecasts 2022-2032

Israel Agriculture Market Size Study, by Type (Cereals and Grains, Oilseeds and Pulses, Commercial Crops, Fruits and Vegetables, Fishery Consumables and Meat), by Distribution Channel (Supermarket, Convenience Stores, E-commerce)and Forecasts 2022-2032

Israel agriculture market is valued at approximately USD 12.17 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.65% over the forecast period 2024-2032. The dynamic growth in Israel's agriculture market is fueled by several critical factors. The expansion of the organized retail sector has significantly contributed to the market's development, improving supply chain management and ensuring fresh produce availability for consumers. Additionally, substantial investments in research and development have enhanced agricultural productivity and sustainability. Israel's thriving food processing industry, which transforms agricultural outputs into value-added products, caters to both local and international markets, fostering a robust and innovative agriculture market.

Israel's agriculture market is diverse, encompassing a wide range of commercial crops and domestic production. Key commodities include grapefruit, bananas, olive oil, grains, cereals, oilseeds, pulses, vegetables, and fruits. The country is renowned for its advanced irrigation systems, making optimal use of water resources. Additionally, the fishery consumables, meat, and tomato sectors hold significant importance. The Mediterranean climate is ideal for growing a variety of fruits, including carrots, turnips, and other root vegetables. The sector is characterized by its innovative approach, with a strong emphasis on research and development in areas like precision farming and sustainable agriculture.

The organized retail sector's growth is a key driver for the agriculture market in Israel. The expansion of supermarkets, hypermarkets, and specialty stores has strengthened the distribution network, increasing sales volumes and turnover. Organized retailing, particularly through hypermarkets and supermarkets, facilitates the purchasing process for consumers, offering a wide range of grains, cereals, fruits, and vegetables. This sector's rapid growth will continue to drive the agriculture market during the forecast period.

The primary trend revolutionizing the agriculture market in Israel is the integration of artificial intelligence (AI) and robotics. Over the last century, the sector has experienced significant advancements, with AI, machine learning, robotics, and the Internet of Things (IoT) being welcome additions. These technologies have enhanced agricultural management through AI-based decision platforms and autonomous drones for fruit harvesting equipped with mechanical claws. Israel's leadership in agricultural technology, particularly for farming in arid environments, underscores the importance of technology in the sector. The market is expected to grow strongly as technological advancements continue to drive innovation and productivity.

However, the reduction of arable land in Israel poses a significant challenge to market growth. Urbanization, industrialization, and energy demand have led to the conversion of arable land for other uses, such as construction. Additionally, soil erosion and pollution have deteriorated the quality of agricultural land, reducing crop yields and agricultural activity. This decline in arable land and agricultural productivity may slow market growth over the forecast period.

Major market players included in this report are:

Netafim Ltd.

Adama Agricultural Solutions Ltd.

Evogene Ltd..

Haifa Group

Growponics Ltd

Kaiima Bio-Agritech Ltd.

STK Bio-Ag Technologies

Roots Sustainable Agricultural Technologies Ltd

SupPlant Ltd.

BioBee Sde Eliyahu Ltd.

Phenome Networks Ltd.

Tal-Ya Agriculture Solutions Ltd.

AutoAgronom Ltd.

Taranis

AgriTask Ltd.

The detailed segments and sub-segment of the market are explained below:

By Type:

Cereals and Grains

Oilseeds and Pulses

Commercial Crops

Fruits and Vegetables

Fishery Consumables and Meat

By Distribution Channel:

Supermarket

Convenience Stores

E-commerce

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues analysis for each market segment.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

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