May 4, 2009

Sales at IsraelÕs Top Food and Beverage Companies Rise by 9% in Ô08

Tel Aviv…KosherToday Middle East Bureau Chief…Sales of the top 20 food and beverage companies in Israel totaled almost $4 million in 2008, a rise of 9 percent from the previous year, according to a report by Dunn & Bradstreet. The D&B report also showed that the top 20 companies employ a total of 43,000 people. The food and beverage sector constitutes 87% of the total consumer goods market in Israel and is one of the most competitive markets in the country. Tnuva, Israel’s largest food company topped the list with the Strauss Group coming in second. Other companies mentioned in the report include Coca-Cola Israel, Osem, Frutarom, the Neto Group and Mey Eden.