In 2023, the total value of the food product market in Israel stood at 41 billion Israeli shekels, about 11.4 billion U.S. dollars. This marked an increase of almost 8 percent compared to 2020. Over the period observed, the value of the food product market experienced a steady growth in the country.
Total annual value of the food 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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Knesset. (March 17, 2024). Total annual value of the food FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel) [Graph]. In Statista. Retrieved December 20, 2024, from https://www.statista.com/statistics/1548491/israel-annual-value-food-product-market/
Knesset. "Total annual value of the food FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel)." Chart. March 17, 2024. Statista. Accessed December 20, 2024. https://www.statista.com/statistics/1548491/israel-annual-value-food-product-market/
Knesset. (2024). Total annual value of the food FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel). Statista. Statista Inc.. Accessed: December 20, 2024. https://www.statista.com/statistics/1548491/israel-annual-value-food-product-market/
Knesset. "Total Annual Value of The Food Fmcg Market in Israel from 2017 to 2023 (in Billion Israeli Shekel)." Statista, Statista Inc., 17 Mar 2024, https://www.statista.com/statistics/1548491/israel-annual-value-food-product-market/
Knesset, Total annual value of the food FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel) Statista, https://www.statista.com/statistics/1548491/israel-annual-value-food-product-market/ (last visited December 20, 2024)
Total annual value of the food FMCG market in Israel from 2017 to 2023 (in billion Israeli shekel) [Graph], Knesset, March 17, 2024. [Online]. Available: https://www.statista.com/statistics/1548491/israel-annual-value-food-product-market/