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With over 1,800 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2021, Israeli food processors' annual revenue stood at $21.23 billion while the beverage and tobacco industry's annual revenue was $2.67 billion.
Israel is almost completely dependent on imports to meet its grain and feed needs.
On December 25, 2017, the Israeli parliament’s Labor, Welfare and Health Committee approved new regulations requiring front of pack labeling for most prepackaged food products.