Published on 

Agri-Industry "well placed to meet growing global demand" - Coveney

Agriculture Minister Coveney today said that “the Irish agri-food industry is well placed to meet the growing global demand for food, provided that it retains and improves its competitiveness.”

Speaking in the Dáil the Minister noted that the world’s population will have increased from 6 billion to 8 billion between 1999 and 2025, while the proportion of the world’s population living in cities will increase from its current level of 50 per cent to 70 per cent.

...based on projected global population growth as well as increased affluence and urbanisation, it is anticipated that global demand for food will increase by 70 per cent.  Ireland is already a major meat and dairy producing country with a huge exporting capability.

Our production significantly exceeds our home consumption in key products – our self sufficiency is 617 per cent for beef, 344 per cent for sheepmeat, 573 per cent for cheese and 915 per cent for butter.

Minister Coveney described the agri-food industry as “embedded in the economy and contributes to national prosperity.  Due to its low import content and low profit repatriation levels, the net foreign earnings of this sector amount to 32 per cent of the total foreign earnings from primary and manufacturing industries.”

The full press release is available here.