Cost of Vanilla Ice Cream to Spike

by | April 5, 2012 at 10:04 AM | General

It’s a very sad day for ice cream lovers.

The cost for a scoop of vanilla ice cream could jump 10 percent this summer amid a vanilla shortage.

Poor harvests in Mexico and India, two major vanilla-producing countries, have caused more users to buy beans from Madagascar, ABC News reports. Production of the beans fell 90 percent in Mexico and Indonesia last year, and the monopoly in Madagascar has resulted in an increase of wholesale prices from $25 per kilogram to $35 to $40 in just two months.

The labor-intensive process of vanilla harvesting makes it the second most expensive spice in the world. Vanilla beans are harvested once a year, but the cultivation process can take up to six years.

Vanilla ice cream isn’t the only food that will take a hit from the shortage — everything from medicines to perfumes to other food production will also be affected.

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