Market by Type and Distribution Channel | Forecast 2023-2028
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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VIEW REPORT1. 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
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)
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)