Israel: Food Processing Ingredients
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With over 2,500 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2022, Israeli food processors' annual revenue stood at $23.19 billion. With limited land, resources, and a growing population, demand for ingredients by the Israeli food processing sector is high. However, with the regional conflict and the recent adoption of EU standards for agricultural products, Israeli processor and importers must navigate a challenging macroeconomic environment.
