The move may lead to a shortage of certain dairy staples in Israel as the Jewish holiday of Shavuot approaches.
"This is a defining moment, not only for Remilk but for the entire global alternative protein industry," said Remilk CEO and founder Aviv Wolff.
In explanation of the price rise, the Agriculture Ministry has highlighted the war in Ukraine as a primary cause.
Are dairy products as healthy as we always thought, or are there people who shouldn't consume them at all?
Mileutis has developed a biological preparation for the treatment of inflammation, with the goal of removing antibiotics from dairy products.
Why do dairy products cost so much more here than in other OECD countries?
Adults living with this gene may not know they have it. The symptoms include frequent kidney stones and high levels of calcium in the blood.
By reducing the cost of milk itself, the Agriculture Ministry aims to reduce the price of all dairy producs as they are all primarily milk-based.
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