The report was compiled by Ernst and Young on behalf of Dairy Industry Ireland, the IBEC body which represents dairy processors in this country.
It finds the industry had a direct output of €7bn, but other related economic activity brought the total impact to €17.6bn.Aside from nearly 17,000 dairy farmers, the report shows the dairy processing industry provided direct employment to 5,651people in Ireland, mainly based in rural areas, with another 2,500 people employed abroad.
It also notes that over the next five years, processors expect to invest about €192m in climate action and sustainability initiatives in order to achieve a 35% reduction in emissions by 2030. The report says that the average herd size in Ireland last year was 90 cows, but that is expected to grow to 100 by 2030, by which time milk production is forecast to reach 9.2 billion litres, up from 8.7 billion last year.Dairy Industry Ireland represents primary and secondary dairy processors, including the specialised nutrition sector in Ireland.
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Source: IrishTimes - 🏆 3. / 98 Read more »