Ice Cream Top 5 Emerging Markets Industry Guide to 2028: Focus on Brazil, China, India, Mexico and South Africa [Yahoo! Finance]
CHINA MENGNIU DARY UN/ADR (CIADY)
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Source: Yahoo! Finance
These countries contributed $13.99 billion to the global ice cream industry in 2023, with a compound annual growth rate (CAGR) of 5.2% between 2007 and 2011. The top 5 emerging countries are expected to reach a value of $18.69 billion in 2028, with a CAGR of 6% over the 2023-28 period. Within the ice cream industry, China is the leading country among the top 5 emerging nations, with market revenues of $7.89 billion in 2023. This was followed by Brazil and India with a value of $2.47 and $2.45 billion, respectively. China is expected to lead the ice cream industry in the top five emerging nations, with a value of $9.70 billion in 2028, followed by India and Brazil with expected values of $3.96 and $3.40 billion, respectively. Scope Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the emerging five ice cream market Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness
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