Israel Pet Food Market

The israel pet food market is projected to register a steady growth over the period 2018 to 2032. this can be attributed to the increasing awareness amongst the pet owners regarding the importance of pet nutrition and health. the growth in the pet population in the country further contributes to the increasing demand for pet food.there has been an increase in the number of pets being kept, due to the rising disposable income of the people in israel. moreover, the adoption of pets as first-time pet owners has become more prevalent. this has led to a proliferation in the pet food market in the region.furthermore, there has been an upsurge in the demand for functional pet food, which offers additional nutritional benefits. this has encouraged the manufacturers operating in the market to launch new products with special and unique ingredient compositions, which results in the innovation of the pet food industry in israel. additionally, certain premium products have emerged in the market, backed by quality assurance further drives the market growth.moreover, the presence of e-commerce channel has been pivotal in aiding the growth of the market further. these platforms are favored due to the convenience and cost-effectiveness associated with the online platforms.there has been a surge in the number of pet-related health insurance policies, offering strong financial protection against any pet related expenses. this further serves to boost the pet food market in the region.hence, the ever shifting consumer trend towards value-based consumption has raised the awareness among the pet owners regarding the importance of pet nutrition and health. this has further increased the demand of pet food in the region. as a result, the pet food market in israel is expected to witness a steady growth in the forecasted period.