ISRAEL EDIBLE OIL MARKET 2023-2028

Consumer Goods & Services | Food & Beverages

ISRAEL EDIBLE OIL MARKET 2023-2028

Market by Type and Distribution Channel | Forecast 2023-2028

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Triton Market Research calculates that the market for edible oil in Israel is likely to attain a CAGR of 4.53% in terms of revenue and 1.90% based on volume over the forecast period 2023-2028. The market is set to gather revenue worth $XX million and XX million liters in volume by 2028.

Edible oil comprises triglycerides, made of three fatty acids and one glycerol unit. It is a type of fat obtained from plants, animals, or microorganisms. At room temperature, edible oils are considered to be most suitable for consumption. Olive oil, palm oil, soybean oil, canola oil, and sunflower oil are some common edible oils.

The nutritious value of food is enriched by oils and fats. Hence, edible oils are considered an intensive source of energy that provides essential nutrients to the body, such as vitamins A and D. Moreover, they function as a heat transfer medium at high temperatures and enhance taste sensation in spreads and salad dressings. The Ministry of Health, State of Israel, directs the manufacturing, packaging, and distribution of edible oils in the nation.

Israel’s edible oil business has flourished immensely owing to the rising consumer focus on home-cooked meals. Additionally, innovations such as the spray oil format, fortified oils, coconut oil, and canned tuna made with olive oil support the market’s expansion. Premiumization and the rise in demand for healthier edible oils also boost the market’s scope. A reform in the customs duty on olive oil permits a specific volume to be imported without additional customs charges, which may lower retail costs of olive oil throughout the projection period.

The local olive farmers, however, will find it challenging to compete with the pricing of the larger importers. Moreover, they could be negatively impacted by the tax change. Furthermore, among all the foods and ingredients for meals in 2021, the price of edible oil soared tremendously. Inflated prices result from growing material costs, heavily restricting the Israeli edible oil market.

Triton Market Research’s report provides in-depth insight into the Israel edible oil market, along with segmentation analysis. The detailed analysis of the market includes PESTLE and value chain analysis. The segmentation analysis of the Israel edible oil market includes market by type and distribution channel.

The well-known players in the edible oil market are Shemen Industries Ltd, Strauss Group Ltd, Shufersal Ltd, Wissotzky Tea (Israel) Ltd, and Leiman Schlussel Ltd. 

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Table of Content

1. ISRAEL EDIBLE OIL MARKET - SUMMARY

1.1. MARKET SIZE & FORECASTS

1.2. MARKET DRIVING ASPECTS

1.3. MARKET RESTRAINING ASPECTS

1.4. KEY PLAYERS

2. ISRAEL EDIBLE OIL MARKET OUTLOOK

2.1. MARKET DEFINITION

2.2. MARKET SHARE ANALYSIS

2.3. BRAND SHARE ANALYSIS

2.4. PESTLE ANALYSIS

2.5. VALUE CHAIN ANALYSIS

2.6. IMPACT OF COVID-19 ON THE ISRAEL EDIBLE OIL MARKET

3. ISRAEL EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)

3.1. OLIVE OIL

3.2. CORN OIL

3.3. PALM OIL

3.4. RAPESEED OIL

3.5. SOY OIL

3.6. SUNFLOWER OIL

3.7. OTHER EDIBLE OILS

4. ISRAEL EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)

4.1. RETAIL CHANNEL

4.2. E-COMMERCE

5. COMPETITIVE LANDSCAPE

5.1. SHEMEN INDUSTRIES LTD

5.2. STRAUSS GROUP LTD

5.3. SHUFERSAL LTD

5.4. WISSOTZKY TEA (ISRAEL) LTD

5.5. LEIMAN SCHLUSSEL LTD

6. RESEARCH METHODOLOGY & SCOPE

6.1. RESEARCH SCOPE & DELIVERABLES

6.2. SOURCES OF DATA

6.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: ISRAEL EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)

TABLE 2: ISRAEL EDIBLE OIL MARKET 2023-2028 (IN MILLION LITERS)

TABLE 3: ISRAEL – COUNTRY SNAPSHOT

TABLE 4: ISRAEL EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)

TABLE 5: ISRAEL EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)

TABLE 6: ISRAEL EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)

List of Figures

FIGURE 1: ISRAEL EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 2: ISRAEL EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)

FIGURE 3: VALUE CHAIN ANALYSIS

FIGURE 4: ISRAEL EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)

FIGURE 5: ISRAEL EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)

FIGURE 6: ISRAEL EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)

FIGURE 7: ISRAEL EDIBLE OIL MARKET, BY PALM OIL, 2023-2028 (IN $ MILLION)

FIGURE 8: ISRAEL EDIBLE OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)

FIGURE 9: ISRAEL EDIBLE OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)

FIGURE 10: ISRAEL EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)

FIGURE 11: ISRAEL EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)

FIGURE 12: ISRAEL EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)

FIGURE 13: ISRAEL EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)

FIGURE 14: ISRAEL EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)

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