Georgia Ice Cream Production Industry Research

The research analyses the 2024 financial data of nine leading ice cream producers in Georgia across Category I and Category III. The combined revenue of the companies reviewed exceeds GEL 182 million, total assets amount to GEL 229 million, and aggregate profit before tax reaches GEL 17 million. Average return on assets (ROA) was 14%, while average return on equity (ROE) was 12%. The report also reviews the ice cream market, the geographic distribution of producers, and export-import trends during 2021-2025. In 2025, the total value of ice cream imports reached USD 7.486 million, while exports amounted to USD 878 thousand. The report provides an industry financial benchmark and may be useful to businesses, investors and financial managers assessing the sector’s scale, profitability and key market trends.