In 2023, the total value of the beverage products market in Israel was 5.9 billion Israeli shekels, some 1.6 billion U.S. dollars. This marked an increase of 11.3 percent compared to 2020. Over the period observed, the value of the beverage market experienced steady growth.
Total annual value of the beverage FMCG market in Israel from 2017 to 2023
(in billion Israeli shekel)
Currency conversion rate as of December 17, 2024 was 1 USD = 3.6 ILS.
According to the source, the 2014 Food Competition Promotion Law aimed to reduce food prices and increase competition, but after ten years, its goals were largely unmet. While market concentration decreased in retail, large suppliers maintained significant market shares.
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Knesset. (March 17, 2024). Total annual value of the beverage FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1548489/israel-annual-value-beverage-product-market/
Knesset. "Total annual value of the beverage FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel)." Chart. March 17, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1548489/israel-annual-value-beverage-product-market/
Knesset. (2024). Total annual value of the beverage FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1548489/israel-annual-value-beverage-product-market/
Knesset. "Total Annual Value of The Beverage Fmcg Market in Israel from 2017 to 2023 (in Billion Israeli Shekel)." Statista, Statista Inc., 17 Mar 2024, https://www.statista.com/statistics/1548489/israel-annual-value-beverage-product-market/
Knesset, Total annual value of the beverage FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel) Statista, https://www.statista.com/statistics/1548489/israel-annual-value-beverage-product-market/ (last visited December 22, 2024)
Total annual value of the beverage FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel) [Graph], Knesset, March 17, 2024. [Online]. Available: https://www.statista.com/statistics/1548489/israel-annual-value-beverage-product-market/
