Analysis and Studies - Products analysis
Ice Cream: a look at the market
July 19th 2022
In the summer, good old ice cream is a necessity to get through the season. The recipe of one of the most loved desserts is a mixture of milk products, sweetening materials, stabilizers, colors, flavors, and egg products. We can divide ice cream into two categories: the take-home category is defined as grocery store purchases and home consumption, and the artisanal category is defined as being manufactured at the site of purchase and consumption or sold directly by the manufacturer to the consumer.
The origins of ice cream are mysterious. Some say Marco Polo brought it back from China on his long journey to the Orient, while others trace it back to the French court and Queen Catherine de Medici. The wife of King Henry II introduced it to the French from Italy, and the whole court was inebriated. Some even trace it back to the Bible; Isaac, offering Abraham goat milk mixed with snow, invented the first "eat and drink" in history.
The whole market for ice cream is worth $4.43 billion, and it represents 0.026% of the world’s total trade. In 2020, the top exporters of ice cream were Germany ($600 million), France ($562 million), Belgium ($417 million), the Netherlands ($342 million), and Italy ($267). The top importers were Germany ($431 million), the United Kingdom ($425 million), France ($268 million), the Netherlands ($212 million), and Belgium ($198 million).
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