Global Truffles Market 2024-2028

The truffles market is forecasted to grow by USD 371.4 mn during 2023-2028, accelerating at a CAGR of 11.75% during the forecast period. The report on the truffles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the launch of truffle-based products, increasing awareness of the health benefits of truffles, and growth in commercial truffle farming.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.95%
CAGR	11.75%
Incremental Value	$371.4mn

Technavio's truffles market is segmented as below:

By Product

Black truffles
White truffles
Others

By End-user

Food and beverages
Personal care products
Pharmaceutical

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increased use of truffles in fine dining establishments and gourmet dishes as one of the prime reasons driving the truffles market growth during the next few years. Also, growing truffle tourism and rising demand for gourmet food and fine dining will lead to sizable demand in the market.

The report on the truffles market covers the following areas:

Truffles market sizing
Truffles market forecast
Truffles market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading truffles market vendors that include Angellozzi Tartuficoltura, Arotz S.A., Conservas Ferrer S.A., DI SANTO s.r.l., Gazzarrini Tartufi, Gourmet Attitude, Katankura, LES FRERES JAUMARD, MONINI S.p.A., Passione Toscana International SRL, PLANTIN SAS, Sabatino Italia Srl, SAVITAR TARTUFI SRL, Tartufi Morra, The Truffle Ltd., The Welsh Truffle Co., Truffle Hill, TruffleHunter Ltd, Truffliest, and Urbani Truffles. Also, the truffles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43639

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global truffles market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global truffles market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Black truffles - Market size and forecast 2023-2028
Exhibit 34: Chart on Black truffles - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Black truffles - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Black truffles - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Black truffles - Year-over-year growth 2023-2028 (%)
6.4 White truffles - Market size and forecast 2023-2028
Exhibit 38: Chart on White truffles - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on White truffles - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on White truffles - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on White truffles - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ million)
Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 50: Chart on Comparison by End-user
Exhibit 51: Data Table on Comparison by End-user
7.3 Food and beverages - Market size and forecast 2023-2028
Exhibit 52: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
7.4 Personal care products - Market size and forecast 2023-2028
Exhibit 56: Chart on Personal care products - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Personal care products - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Personal care products - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Personal care products - Year-over-year growth 2023-2028 (%)
7.5 Pharmaceutical - Market size and forecast 2023-2028
Exhibit 60: Chart on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Pharmaceutical - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Pharmaceutical - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Pharmaceutical - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
Exhibit 64: Market opportunity by End-user ($ million)
Exhibit 65: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Canada - Market size and forecast 2023-2028
Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Angellozzi Tartuficoltura
Exhibit 119: Angellozzi Tartuficoltura - Overview
Exhibit 120: Angellozzi Tartuficoltura - Product / Service
Exhibit 121: Angellozzi Tartuficoltura - Key offerings
12.4 Arotz S.A.
Exhibit 122: Arotz S.A. - Overview
Exhibit 123: Arotz S.A. - Product / Service
Exhibit 124: Arotz S.A. - Key offerings
12.5 Conservas Ferrer S.A.
Exhibit 125: Conservas Ferrer S.A. - Overview
Exhibit 126: Conservas Ferrer S.A. - Product / Service
Exhibit 127: Conservas Ferrer S.A. - Key offerings
12.6 Gazzarrini Tartufi
Exhibit 128: Gazzarrini Tartufi - Overview
Exhibit 129: Gazzarrini Tartufi - Product / Service
Exhibit 130: Gazzarrini Tartufi - Key offerings
12.7 Katankura
Exhibit 131: Katankura - Overview
Exhibit 132: Katankura - Product / Service
Exhibit 133: Katankura - Key offerings
12.8 LES FRERES JAUMARD
Exhibit 134: LES FRERES JAUMARD - Overview
Exhibit 135: LES FRERES JAUMARD - Product / Service
Exhibit 136: LES FRERES JAUMARD - Key offerings
12.9 PLANTIN SAS
Exhibit 137: PLANTIN SAS - Overview
Exhibit 138: PLANTIN SAS - Product / Service
Exhibit 139: PLANTIN SAS - Key offerings
12.10 Sabatino Italia Srl
Exhibit 140: Sabatino Italia Srl - Overview
Exhibit 141: Sabatino Italia Srl - Product / Service
Exhibit 142: Sabatino Italia Srl - Key offerings
12.11 SAVITAR TARTUFI SRL
Exhibit 143: SAVITAR TARTUFI SRL - Overview
Exhibit 144: SAVITAR TARTUFI SRL - Product / Service
Exhibit 145: SAVITAR TARTUFI SRL - Key offerings
12.12 Tartufi Morra
Exhibit 146: Tartufi Morra - Overview
Exhibit 147: Tartufi Morra - Product / Service
Exhibit 148: Tartufi Morra - Key offerings
12.13 The Truffle Ltd.
Exhibit 149: The Truffle Ltd. - Overview
Exhibit 150: The Truffle Ltd. - Product / Service
Exhibit 151: The Truffle Ltd. - Key offerings
12.14 The Welsh Truffle Co.
Exhibit 152: The Welsh Truffle Co. - Overview
Exhibit 153: The Welsh Truffle Co. - Product / Service
Exhibit 154: The Welsh Truffle Co. - Key offerings
12.15 Truffle Hill
Exhibit 155: Truffle Hill - Overview
Exhibit 156: Truffle Hill - Product / Service
Exhibit 157: Truffle Hill - Key offerings
12.16 TruffleHunter Ltd
Exhibit 158: TruffleHunter Ltd - Overview
Exhibit 159: TruffleHunter Ltd - Product / Service
Exhibit 160: TruffleHunter Ltd - Key offerings
12.17 Urbani Truffles
Exhibit 161: Urbani Truffles - Overview
Exhibit 162: Urbani Truffles - Product / Service
Exhibit 163: Urbani Truffles - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 164: Inclusions checklist
Exhibit 165: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 166: Currency conversion rates for US$
13.4 Research methodology
Exhibit 167: Research methodology
Exhibit 168: Validation techniques employed for market sizing
Exhibit 169: Information sources
13.5 List of abbreviations
Exhibit 170: List of abbreviations