Definition:
The Fruits and Nuts market covers fresh, frozen, and processed edible fruits and nuts that are bought and consumed for nutrient-based purposes.
Structure:
The market consists of 3 different submarkets:
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Fruits & Nuts Market in Israel is witnessing minimal growth, influenced by factors such as changing consumer preferences towards healthy eating, competition from imported products, and the rising popularity of processed options. These dynamics shape the market's evolution.
Customer preferences: Consumers in Israel are progressively prioritizing fresh and organic produce, reflecting a broader trend towards health-conscious eating. This shift is influenced by a growing awareness of the nutritional benefits of fruits and nuts, particularly among younger demographics who are more inclined to adopt sustainable diets. Additionally, the fusion of traditional Israeli cuisine with global culinary trends has sparked interest in diverse fruit varieties and nut-based snacks. As lifestyles become busier, convenience-driven options, like ready-to-eat fruit packs, are gaining traction, catering to on-the-go consumers.
Trends in the market: In Israel, the Fruits & Nuts Market is experiencing a surge in demand for organic and locally sourced products, driven by consumers’ increasing focus on health and wellness. This trend is particularly prominent among younger generations who prioritize sustainability in their food choices. The integration of diverse global flavors into traditional dishes has also led to a heightened interest in specialty fruits and nut-based snacks. As convenience becomes essential, ready-to-eat options are emerging, catering to busy lifestyles. This shift presents significant opportunities for growers, retailers, and food producers to innovate and align their offerings with evolving consumer preferences.
Local special circumstances: In Israel, the Fruits & Nuts Market is uniquely influenced by its Mediterranean climate, which fosters the growth of diverse fruit varieties, including figs, pomegranates, and almonds. Cultural traditions, such as the significance of fruits during Jewish holidays, further enhance consumer engagement with these products. Additionally, stringent regulatory standards for organic farming ensure high-quality offerings, appealing to health-conscious consumers. This blend of environmental conditions, cultural practices, and regulatory frameworks creates a distinctive market dynamic that differentiates Israel from other regions, driving innovation and sustainable practices in the sector.
Underlying macroeconomic factors: The Fruits & Nuts Market in Israel is significantly shaped by macroeconomic factors such as global trade dynamics, national economic stability, and agricultural policies. With a focus on high-quality produce, Israel benefits from its robust export capabilities, particularly to Europe and North America, where demand for fresh and organic fruits is rising. National economic health, characterized by steady GDP growth and low unemployment, supports consumer spending on premium food products. Additionally, government initiatives promoting sustainable agriculture and innovation in farming technologies are enhancing productivity. These factors collectively drive the market's resilience and adaptability amidst global economic fluctuations.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights