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Truffles Market Trends

Report ID: GMI6898
Published Date: Oct 2023
Report Format: PDF

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Truffles Market Trends

The is an increasing interest in local and artisanal truffle products, driven by the desire for unique, high-quality offerings. Innovative truffle-based products, such as truffle-infused items and sauces, were gaining popularity, reflecting a creative approach to incorporating truffle flavor. Additionally, the health and wellness trend were influencing consumer choices, with truffles appealing to health-conscious individuals due to their relatively low-calorie nature. The closure of restaurants during the COVID-19 pandemic had led to a potential rise in truffle demand for home cooking, as consumers aimed to recreate fine dining experiences.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of truffles reached USD 0.91 billion in 2022 and is set to cross USD 2 billion by 2032, owing to rising consumer interest in truffle hunting and experiencing.

Black truffles segment accounted for USD 0.55 billion in 2022. Black truffles are highly sought after by chefs and food enthusiasts for their distinct and exquisite flavor profile, which is often described as earthy, musky, and complex.

Europe market will record a strong growth through 2032, as European cuisine places a significant emphasis on the use of truffles in various dishes, especially in fine dining and gourmet cuisine.

Sabatino Truffles, Urbani Tartufi, La Truffe du Ventoux, The Truffle & Wine Co., La Maison Plantin, Gazzarrini Tartufi, Dianfeng Fungus, Truffles Northwest, Monini, and Ramelli Truffle.