G. Willi-Food to Present at Kosherfest
Submitted to: Food and Drink
Posted: November 08 2006
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8 November 2006 (Jewswire.com) - G. Willi-Food International Ltd. (NASDAQ: WILC) (the "Company" or "Willi Food"), one of Israel's largest food importers and a single-source supplier of one of the world's most extensive range of quality kosher food products, today announced that it will present at Kosherfest, November 14-15, at the Jacob Javits Convention Center in New York, at booth number 961.
Kosherfest is an international business-to-business food trade event, now in its 18th year. The show features over 250 exhibiting companies from the around the world. The Company will showcase samples of its dry goods.
According to industry research, the kosher food industry is a $9.4 billion industry with a current annual growth rate of more than 15%. Fuelling this robust growth is the current diversity of the marketplace and a mounting consumer desire for healthy and safe products. Members of the Jewish faith are no longer the sole consumers of kosher foods. In fact, only 44% of consumers of kosher food products are Jewish. 19% of kosher consumers are made up of other religious groups, who observe dietary laws similar to Orthodox Jews. The remaining 37% are consumers of no particular religious denomination, but rather those with special dietary needs, or those who buy kosher products for health and safety reasons.
U.S. sales of kosher certified items are estimated at $195 billion (nearly 40% of all foods sold), while the market for kosher products is $10.5 billion. There were more than 2500 new kosher items certified in the past 12 months.
To register, or for more information on Kosherfest, please visit www.kosherfest.com.
About G. Willi-Food International, Ltd.
G. Willi-Food International Ltd. is one of Israel's largest food importers and a single-source supplier of one of the world's most extensive ranges of quality kosher food products. It currently imports, markets and distributes more than 400 food products manufactured by some 100 top-tier suppliers throughout the world to more than 1,000 customers. The Company excels in identifying changing tastes in its markets and sourcing high-quality kosher products to address them. For more information, please visit the Company's website at www.willi-food.co.il.
Except for historical information contained herein, the matters set forth in this press release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, competition, changing economic conditions and other risk factors detailed in the Company's SEC filings.
Contact:
G. Willi Food International Ltd.
Albert Israeli, CFO
(+972)-8-932-2233
albert@willi-food.co.il
IR contact:
The Global Consulting Group
Christopher Chu
+1-(646)-284-9426
cchu@hfgcg.com
Source: G Willi Food International
Contact: G. Willi Food International Ltd., Albert Israeli, CFO, (+972)-8-932-2233, albert@willi-food.co.il. IR contact: The Global Consulting Group, Christopher Chu, +1-(646)-284-9426, cchu@hfgcg.com
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