Dairy industry Ireland’s ‘jewel in the crown’

 Breaking News
  • Nestlé to Sell US Confectionery Business to Ferrero Nestlé has agreed to sell its US confectionery business to Ferrero, the third-largest company in the global chocolate confectionery market, for SFr2.8 billion ($2.8 billion) in cash. Nestlé’s 2016 US confectionery sales reached about SFr900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of [...]...
  • Asahi Super Dry Re-launching in the UK Asahi UK, the UK subsidiary of Asahi Europe, is boosting its strong portfolio of beer brands by re-launching Asahi Super Dry in Britain in its authentic form. For the first time in Europe, full access to the exact Japanese brewing standards have been given to Asahi Europe and these innovations will bring the authentic taste [...]...
  • Natural Preservatives Extend Frying Oil Shelf Life Arjuna Naturals Extracts has launched its natural preservative formulation for combating oxidation, thermal degradation, hydrolytic rancidity and extending the frying cycle of vegetable oils. The new, all-natural preservative formulation contains a few simple ingredients and enables a clean label. It is GMO-free, oil-soluble and vegan. Initial response was so strong, Arjuna Natural Ltd. decided to [...]...
  • Alison Unveils New UK-made Bread Basket Dolly Alison Handling Services (AHS), Europe’s largest stockist of plastic containers and boxes, has introduced a new bread basket dolly designed for standard (762 x 508 x 216mm) 12-loaf stack nests. Capable of holding up to eight nests and available in grey or purple (to match Alison’s distinctive trays and baskets), the dolly has been designed [...]...
  • Irish Supermarkets Benefit From the Christmas Spirit The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 31 December 2017, reveal that shoppers spent an extra €90 million on groceries over the festive period. David Berry, director at Kantar Worldpanel, comments: “Over the Christmas period the average household spent a record €1,532 on groceries – an increase of [...]...

Dairy industry Ireland’s ‘jewel in the crown’

Dairy industry Ireland’s ‘jewel in the crown’
May 22
17:03 2012

The Irish dairy sector has the potential to create 15,000 new jobs over the next three to five years providing a major boost to exports, a conference heard today.

Independent economist Ciaran Fitzgerald highlighted this prediction at the National Dairy Council annual conference ‘Unlocking Dairy Growth’ in Dublin.

“The Irish dairy sector is one of the few sectors that has shown strong growth in recent years.  It already directly and indirectly employs 34,000 people and is a huge part of our export trade with dairy exports valued at €2.66bn in 2011,” he said.

“With the abolition of EU milk quotas in 2015 that growth is predicted to increase substantially. The Food Harvest 2020 Report anticipates 50pc growth.   Because the dairy sector buys 85pc of its inputs in the Irish economy a €1.3bn increase in output will have a huge positive multiplier impact across the economy — and also across the regions.”

Dr John Fanning, UCD Michael Smurfit Graduate Business School, described the dairy industry as the “jewel in the crown” of Ireland’s economic recovery.

“In difficult economic circumstances countries need to concentrate on market sectors where they possess a sustainable competitive advantage with value creating potential not easily duplicated or imitated by other countries. For Ireland the dairy industry matches these criteria. Our uniquely temperate climate and long tradition of family farming has given us a global leadership position. Increasing global demand for sustainable, nutritious dairy produce means that the dairy industry will be the engine of Ireland’s economic recovery.”

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Anfas Food Product
  • January 17, 2018Dutch Organic Trade Fair
  • January 19, 2018International Green Week
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here