Market Overview:
The global truffle oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for truffle oil across different applications, such as pasta and risotto, pizza, meat, vegetables and others. Truffle oil is used as an ingredient in various dishes for its unique flavor and aroma. It is also used as a condiment or dressing on salads or other food items. Additionally, rising awareness about the health benefits of consuming truffle oil is another factor contributing to the growth of this market.
Product Definition:
Truffle oil is an oil that is made from truffles. Truffles are a type of mushroom that is found underground. Truffle oil is used in cooking to add flavor to food.
Black Truffle Oil:
Black truffle oil is produced from the underground stem of black or brown truffles (truffle) which are found in the Italian region of Piedmont. It has a strong aroma similar to expensive perfume and is used as an ingredient for sauces, seasonings, oils & vinegars and even perfumes.
White Truffle Oil:
White truffle oil is produced from the underground stem of the white truffle (Tubéreuse). It has a strong aroma similar to that of black truffles but is lighter in color. The taste and flavor are milder than black truffles with a creamy texture. This product contains fatty acid, which acts as an anti-oxidant and helps in curing various health problems such as cancer, arthritis, etc.
Application Insights:
Pizza was the largest application segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. Truffle oil is widely used in the preparation of pizza as it imparts a rich flavor and aroma to the food, thereby attracting consumers. In addition, truffle oil acts as an important component in various other foods such as risotto, pasta sauces, meat products including bacon and beef stroganoff that boosts its demand for culinary applications across various regions globally.
The others segment includes bakery products, desserts & ice creams among others which include cheese plates among other items where truffle oil is added for enhancing flavors particularly those made using black or white truffles respectively.
Regional Analysis:
Europe was the largest market for truffle oil, accounting for more than 35% of global revenue in 2017. The presence of a large number of producers and consumers has resulted in high product penetration across the region. Italy is one of the major countries that consume truffle oil on a large scale and accounts for around 70% to 80% consumption across Europe. North America is expected to be one of the fastest-growing markets with a CAGR close to 10% from 2018 to 2030 owing to increasing demand from restaurants and food chains as well as home cooking recipes using this ingredient. Asia Pacific is projected be one of the fastest-growing markets due its huge population base which can afford higher priced products easily resulting in increased demand over time.
Growth Factors:
- Increasing demand for truffle oil in the food and beverage industry as a flavor enhancer.
- Rising awareness about the health benefits of truffle oil among consumers.
- Growing popularity of Italian cuisine across the globe that uses truffle oil as an essential ingredient.
- Proliferation of specialty stores and online platforms that sell truffle oil products, which is aiding in its wider distribution channels and reaching a larger consumer base.
Scope Of The Report
Report Attributes
Report Details
Report Title
Truffle Oil Market Research Report
By Type
Black Truffle Oil, White Truffle Oil
By Application
Pasta and Risotto, Pizza, Enhance the Flavor, Vegetables, Meat, Others
By Companies
Urbani, Marcel Plantin, Truffle Hunter, Sabatino Tartufi, AROTZ, Monini, La truffe du Ventoux, Conservas Ferrer, Savitar, Gazzarrini Tartufi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Truffle Oil Market Report Segments:
The global Truffle Oil market is segmented on the basis of:
Types
Black Truffle Oil, White Truffle Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pasta and Risotto, Pizza, Enhance the Flavor, Vegetables, Meat, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Urbani
- Marcel Plantin
- Truffle Hunter
- Sabatino Tartufi
- AROTZ
- Monini
- La truffe du Ventoux
- Conservas Ferrer
- Savitar
- Gazzarrini Tartufi
Highlights of The Truffle Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Black Truffle Oil
- White Truffle Oil
- By Application:
- Pasta and Risotto
- Pizza
- Enhance the Flavor
- Vegetables
- Meat
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Truffle Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Truffle oil is a type of oil extracted from the earth's surface from the tuber of a wild fungus, Tuber melanosporum. Truffles are collected during autumn and winter when they are in their prime. The oil is then distilled and has a strong flavor that can be used in cooking or as an additive to perfume products.
Some of the key players operating in the truffle oil market are Urbani, Marcel Plantin, Truffle Hunter, Sabatino Tartufi, AROTZ, Monini, La truffe du Ventoux, Conservas Ferrer, Savitar, Gazzarrini Tartufi.
The truffle oil market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Truffle Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Truffle Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Truffle Oil Market - Supply Chain
4.5. Global Truffle Oil Market Forecast
4.5.1. Truffle Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Truffle Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Truffle Oil Market Absolute $ Opportunity
5. Global Truffle Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Truffle Oil Market Size and Volume Forecast by Type
5.3.1. Black Truffle Oil
5.3.2. White Truffle Oil
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Truffle Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Truffle Oil Market Size and Volume Forecast by Application
6.3.1. Pasta and Risotto
6.3.2. Pizza
6.3.3. Enhance the Flavor
6.3.4. Vegetables
6.3.5. Meat
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Truffle Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Truffle Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Truffle Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Truffle Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Truffle Oil Demand Share Forecast, 2019-2026
9. North America Truffle Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Truffle Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Truffle Oil Market Size and Volume Forecast by Application
9.4.1. Pasta and Risotto
9.4.2. Pizza
9.4.3. Enhance the Flavor
9.4.4. Vegetables
9.4.5. Meat
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Truffle Oil Market Size and Volume Forecast by Type
9.7.1. Black Truffle Oil
9.7.2. White Truffle Oil
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Truffle Oil Demand Share Forecast, 2019-2026
10. Latin America Truffle Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Truffle Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Truffle Oil Market Size and Volume Forecast by Application
10.4.1. Pasta and Risotto
10.4.2. Pizza
10.4.3. Enhance the Flavor
10.4.4. Vegetables
10.4.5. Meat
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Truffle Oil Market Size and Volume Forecast by Type
10.7.1. Black Truffle Oil
10.7.2. White Truffle Oil
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Truffle Oil Demand Share Forecast, 2019-2026
11. Europe Truffle Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Truffle Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Truffle Oil Market Size and Volume Forecast by Application
11.4.1. Pasta and Risotto
11.4.2. Pizza
11.4.3. Enhance the Flavor
11.4.4. Vegetables
11.4.5. Meat
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Truffle Oil Market Size and Volume Forecast by Type
11.7.1. Black Truffle Oil
11.7.2. White Truffle Oil
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Truffle Oil Demand Share, 2019-2026
12. Asia Pacific Truffle Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Truffle Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Truffle Oil Market Size and Volume Forecast by Application
12.4.1. Pasta and Risotto
12.4.2. Pizza
12.4.3. Enhance the Flavor
12.4.4. Vegetables
12.4.5. Meat
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Truffle Oil Market Size and Volume Forecast by Type
12.7.1. Black Truffle Oil
12.7.2. White Truffle Oil
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Truffle Oil Demand Share, 2019-2026
13. Middle East & Africa Truffle Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Truffle Oil Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Truffle Oil Market Size and Volume Forecast by Application
13.4.1. Pasta and Risotto
13.4.2. Pizza
13.4.3. Enhance the Flavor
13.4.4. Vegetables
13.4.5. Meat
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Truffle Oil Market Size and Volume Forecast by Type
13.7.1. Black Truffle Oil
13.7.2. White Truffle Oil
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Truffle Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Truffle Oil Market: Market Share Analysis
14.2. Truffle Oil Distributors and Customers
14.3. Truffle Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Urbani
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Marcel Plantin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Truffle Hunter
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sabatino Tartufi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AROTZ
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Monini
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. La truffe du Ventoux
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Conservas Ferrer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Savitar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gazzarrini Tartufi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook