New Zealand's dairy industry is a major contributor to the country's economy, accounting for a significant portion of its GDP and providing employment opportunities to thousands of people. In recent years, the dairy industry has experienced substantial growth due to increased demand for dairy products in the global market, especially in emerging economies such as China and India. The industry has also benefited from New Zealand's favorable climate and soil conditions, which are ideal for dairy farming. As a result, the dairy industry has become a vital part of New Zealand's economy, supporting rural communities and generating billions of dollars in export revenue.
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