Dairy Product Production in Ireland - Market Research Report (2014-2029)

Buttering up: Research on the health benefits of butter benefits sales

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The Dairy Product Production industry is a crucial component of the economy of the Republic of Ireland. According to data from the CSO, the industry processed 8.8 billion litres of milk in 2022. Revenue has benefitted from stable dairy product sales and growing export revenue. However, rising interest in dairy-free alternatives has constrained growth, though recent research has suggested that butter can contribute to a healthy diet, encouraging a hike in butter consumption. Revenue is expected to expand at a compound annual rate of 2.9% over the five years through 2023 to €5.6 billion, including an estimated drop of 1.2% in 2023.

Operators in this industry manufacture dairy products such as liquid milk, cream, butter, yogurt, cheese and dry, condensed and evaporated milk. Operators supply these goods to a variety of market segments such as retailers, wholesale and food services. Producers of dairy products such as ice cream and frozen yogurt are also included in the industry.