Food and Beverage Industry: Dairy Sector Spotlight
Focus Investment Banking
SEPTEMBER 10, 2024
The rise of plant-based alternatives has impacted traditional dairy sales, but the industry remains strong. The North American ice cream market is currently valued at $22 billion in retail sales, with a projected growth rate of 3.4% CAGR through 2027. The take-home segment dominates, accounting for $17 billion of the market.
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