The population of Israel is predicted to increase by 26.5%, due to changes in net migration and natural change, standing at a total of 12.6 million citizens by 2040. The birth rate in Israel is anticipated to drop between 2024 and 2040. By 2040, the most people will be middle-aged (aged 45-64). Generational cohorts in Israel will continue to influence consumer expenditure based on their specific purchasing habits and unique demands.
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