Europe Black Truffles Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Category (Organic and Conventional), Applications (Culinary; Oil; Sauces, Spreads, and Butter; and Others), and End Use (Processing, Food Retail, and Foodservice)
The Europe black truffles market is expected to grow from US$ 131.21 million in 2022 to US$ 213.19 million by 2028. It is estimated to grow at a CAGR of 8.4% from 2022 to 2028.
Growth of Black Truffles in Developing Countries Europe Black Truffles Market
Black truffle cultivation is concentrated to a few European countries, including Spain, Italy, and France, as these countries provide essential environmental and climatic conditions for cultivation. Awareness about the benefits of black truffles and their aromatic properties is increasing across the region. Similarly, in the country, there is a rising popularity of potato chips with truffle flavor and Kitkat SNAX products infused with black truffles. Furthermore, the southwest corner of Western Australia has become the "hot spot" for truffle production across the world. There are now more than 70 growers with plantations of sufficient size and becoming commercial producers of the French black truffle. Therefore, the expansion of black truffles in emerging regions is expected to offer lucrative opportunities for the Europe black truffles market during the forecast period.
Europe Black Truffles Market Overview
The Europe black truffles market is categorized into Germany, France, Italy, Russia, the UK, and the Rest of Europe. The market is competitive in these countries as the region is home to major global market players such as Trufo, TRUFFUS SAS, L'Aragonais Food Supplies SL, Arotz S.A., and Les Freres Jaumard SaRL. The increasing demand for black truffles as whole fresh fungi and black truffles-based products such as culinary, oil, sauces, spreads, and butter in clean-label, organic, and vegan products is witnessing traction in the European market. Black truffles are gaining massive popularity among consumers in the region owing to their health benefits, such as controlling blood sugar, reducing inflammation throughout the body, helping prevent cancer, and fighting bacterial infection. Additionally, the demand for black truffle-based products is propelling in Europe due to increasing consumer interest in different cuisines. Thus, the sales of black truffles are increasing in Europe. In European countries such as Spain, Romania, Italy, and Croatia, black truffles are available throughout the winter, which makes black truffles as the gastronomic focus across Europe. The Europe black truffle production has been growing day by day. According to a 2021 analysis published in the journal Forests, Spain led the world production of black truffles, with an annual average of 47 tons, followed by France and Italy. Hence, the significant quantity of production of black truffles across European countries fueled the demand for black truffles. There is a growing demand for natural ingredients in the European cosmetics sector, creating opportunities for cosmetics processors and processors of black truffle oil, spreads, and sauces from developing countries such as India, Australia, Indonesia, and China. Black truffle oil, spreads & sauces in the food industry, have several functional and active properties as it is heart-healthy, fat-free. Also, creams & lotions incorporated with black truffles in the cosmetic industry possess antioxidant properties, boosting their application in various formulations. Hence, the demand for black truffles is expected to continue to rise in the coming years in Europe.
Europe Black Truffles Market Revenue and Forecast to 2028 (US$ Million)
The Europe black truffles market is segmented into category, applications, end use, and country.
Based on category, the Europe black truffles market is bifurcated into organic and conventional. In 2022, the conventional segment registered a larger share in the Europe black truffles market.
Based on application, the Europe black truffles market is segmented into culinary; oil; sauces, spreads, and butter; and others. In 2022, the culinary segment registered a largest share in the Europe black truffles market.
Based on end use, the Europe black truffles market is segmented into processing, food retail, and foodservice. In 2022, the foodservice segment registered a largest share in the Europe black truffles market.
Based on country, the Europe black truffles market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. In 2022, the Rest of Europe segment registered a largest share in the Europe black truffles market.
Arotz SA; Great Southern Truffles Pty Ltd; L'Aragonais Food Supplies SL; LAUMONT TRUFFLES SLU; Les Freres Jaumard SaRL; Old World Truffles; SABATINO NA LLC; TRUFFUS SAS; and Trufo are the leading companies operating in the Europe black truffles market
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Black Truffles Market, by Category
1.3.2 Europe Black Truffles Market, by Application
1.3.3 Europe Black Truffles Market, by End Use
1.3.4 Europe Black Truffles Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
3.2.8 Limitations and Assumptions:
4. Europe Black Truffles Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Black Truffle Collectors
4.3.2 Black Truffle Processors
4.3.3 End User
4.4 Expert Opinion
5. Europe Black Truffles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Wide Application Scope of Black Truffles
5.1.2 Product Innovation Initiatives by End Users
5.2 Market Restraints
5.2.1 Fluctuation in Prices and Seasonal Availability of Black Truffle
5.3 Market Opportunities
5.3.1 Growth of Black Truffles in Developing countries
5.4 Future Trends
5.4.1 Rising Adoption of Black Truffle in Personal Care Industry
5.5 Impact Analysis of Drivers and Restraints
6. Black Truffles Market– Europe Market Analysis
6.1 Europe Black Truffles Market Overview
6.2 Europe Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
7. Europe Black Truffles Market Analysis – By Category
7.1 Overview
7.2 Europe Black Truffles Market, By Category (2021 and 2028)
7.3 Organic
7.3.1 Overview
7.3.2 Organic: Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
7.3.3 Organic: Europe Black Truffles Market – Volume and Forecast to 2028 (KG)
7.4 Conventional
7.4.1 Overview
7.4.2 Conventional: Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
7.4.3 Conventional: Europe Black Truffles Market – Volume and Forecast to 2028 (KG)
8. Europe Black Truffles Market Analysis – By Application
8.1 Overview
8.2 Europe Black Truffles Market, By Application (2021 and 2028)
8.3 Culinary
8.3.1 Overview
8.3.2 Culinary: Europe Black Truffles Market– Revenue and Forecast to 2028 (US$ Thousand)
8.4 Oil
8.4.1 Overview
8.4.2 Oil: Europe Black Truffles Market– Revenue and Forecast to 2028 (US$ Thousand)
8.5 Sauces, Spreads, and Butter
8.5.1 Overview
8.5.2 Sauces, Spreads, and Butter: Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
8.6 Others
8.6.1 Overview
8.6.2 Others: Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
9. Europe Black Truffles Market Analysis – By End Use
9.1 Overview
9.2 Europe Black Truffles Market, By End Use (2021 and 2028)
9.3 Food Retail
9.3.1 Overview
9.3.2 Food Retail: Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
9.4 Food Service
9.4.1 Overview
9.4.2 Food Service: Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Th)
9.5 Processing
9.5.1 Overview
9.5.2 Processing: Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10. Europe Black Truffles Market – Country Analysis
10.1 Overview
10.1.1 Europe: Black Truffles Market, by Key Country
10.1.1.1 Germany: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
10.1.1.2 Germany: Black Truffles Market–Volume and Forecast to 2028 (Kg)
10.1.1.2.1 Germany: Black Truffles Market, by Category
10.1.1.2.2 Germany: Black Truffles Market, by Category
10.1.1.2.3 Germany: Black Truffles Market, by Application
10.1.1.2.4 Germany: Black Truffles Market, by End Use
10.1.1.3 The UK: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
10.1.1.4 The UK: Black Truffles Market–Volume and Forecast to 2028 (Kg)
10.1.1.4.1 The UK: Black Truffles Market, by Category
10.1.1.4.2 The UK: Black Truffles Market, by Category
10.1.1.4.3 The UK: Black Truffles Market, by Application
10.1.1.4.4 The UK: Black Truffles Market, by End Use
10.1.1.5 France: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
10.1.1.6 France: Black Truffles Market–Volume and Forecast to 2028 (Kg)
10.1.1.6.1 France: Black Truffles Market, by Category
10.1.1.6.2 France: Black Truffles Market, by Category
10.1.1.6.3 France: Black Truffles Market, by Application
10.1.1.6.4 France: Black Truffles Market, by End Use
10.1.1.7 Italy: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
10.1.1.8 Italy: Black Truffles Market–Volume and Forecast to 2028 (Kg)
10.1.1.8.1 Italy: Black Truffles Market, by Category
10.1.1.8.2 Italy: Black Truffles Market, by Category
10.1.1.8.3 Italy: Black Truffles Market, by Application
10.1.1.8.4 Italy: Black Truffles Market, by End Use
10.1.1.9 Spain: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
10.1.1.10 Spain: Black Truffles Market–Volume and Forecast to 2028 (Kg)
10.1.1.10.1 Spain: Black Truffles Market, by Category
10.1.1.10.2 Spain: Black Truffles Market, by Category
10.1.1.10.3 Spain: Black Truffles Market, by Application
10.1.1.10.4 Spain: Black Truffles Market, by End Use
10.1.1.11 Rest of Europe: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.1.1.12 Rest of Europe: Black Truffles Market – Volume and Forecast to 2028 (Kg)
10.1.1.12.1 Rest of Europe: Black Truffles Market, by Category
10.1.1.12.2 Rest of Europe: Black Truffles Market, by Category
10.1.1.12.3 Rest of Europe: Black Truffles Market, by Application
10.1.1.12.4 Rest of Europe: Black Truffles Market, by End Use
11. Company Profiles
11.1 Trufo
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 TRUFFUS SAS
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 L'Aragonais Food Supplies SL
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 SABATINO NA LLC
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 LAUMONT TRUFFLES SLU
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Arotz SA
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Les Freres Jaumard SaRL
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Great Southern Truffles Pty Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Old World Truffles
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Germany Black Truffles Market, by Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Germany Black Truffles Market, by Category – Volume and Forecast to 2028 (Kg)
Table 4. Germany Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Germany Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 6. The UK Black Truffles Market, by Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. The UK Black Truffles Market, by Category – Volume and Forecast to 2028 (Kg)
Table 8. The UK Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 9. The UK Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 10. France Black Truffles Market, by Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 11. France Black Truffles Market, by Category – Volume and Forecast to 2028 (Kg)
Table 12. France Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 13. France Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 14. Italy Black Truffles Market, by Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 15. Italy Black Truffles Market, by Category – Volume and Forecast to 2028 (Kg)
Table 16. Italy Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 17. Italy Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 18. Spain: Black Truffles Market, by Category– Revenue and Forecast to 2028 (US$ Thousand)
Table 19. Spain: Black Truffles Market, by Category– Volume and Forecast to 2028 (Kg)
Table 20. Spain: Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 21. Spain: Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 22. Rest of Europe Black Truffles Market, by Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 23. Rest of Europe Black Truffles Market, by Category – Volume and Forecast to 2028 (Kg)
Table 24. Rest of Europe Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 25. Rest of Europe Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 26. Glossary of Terms, Europe Black Truffles Market
LIST OF FIGURES
Figure 1. Europe Black Truffles Market Segmentation
Figure 2. Europe Black Truffles Market Segmentation – By Country
Figure 3. Europe Black Truffles Market Overview
Figure 4. Europe Black Truffles Market, By Application
Figure 5. Europe Black Truffles Market, by Country
Figure 7. Porter's Five Forces Analysis
Figure 8. Ecosystem: Europe Black Truffles Market
Figure 9. Expert Opinion
Figure 10. Europe Black Truffles Market Impact Analysis of Drivers and Restraints
Figure 11. Europe Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 12. Europe Black Truffles Market Revenue Share, By Category (2021 and 2028)
Figure 13. Organic: Europe Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 14. Organic: Europe Black Truffles Market – Volume and Forecast To 2028 (KG)
Figure 15. Conventional: Europe Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. Conventional: Europe Black Truffles Market – Volume and Forecast To 2028 (KG)
Figure 17. Europe Black Truffles Market Revenue Share, By Application (2021 and 2028)
Figure 18. Culinary: Europe Black Truffles Market– Revenue and Forecast To 2028 (US$ Thousand)
Figure 19. Oil: Europe Black Truffles Market– Revenue and Forecast To 2028 (US$ Thousand)
Figure 20. Sauces, Spreads, and Butter: Europe Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 21. Others: Europe Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 22. Europe Black Truffles Market Revenue Share, By End Use (2021 and 2028)
Figure 23. Food Retail: Europe Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 24. Food Service: Europe Black Truffles Market – Revenue and Forecast To 2028 (US$ Th)
Figure 25. Processing: Europe Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 26. Europe: Black Truffles Market, by Key Country - Revenue (2021) (US$ Thousand)
Figure 27. Europe: Black Truffles Market Revenue Share, by Key Country (2021 and 2028)
Figure 28. Germany: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 29. Germany: Black Truffles Market–Volume and Forecast to 2028 (Kg)
Figure 30. The UK: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 31. The UK: Black Truffles Market–Volume and Forecast to 2028 (Kg)
Figure 32. France: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 33. France: Black Truffles Market–Volume and Forecast to 2028 (Kg)
Figure 34. Italy: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 35. Italy: Black Truffles Market–Volume and Forecast to 2028 (Kg)
Figure 36. Spain: Black Truffles Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 37. Spain: Black Truffles Market– Volume and Forecast to 2028 (Kg)
Figure 38. Rest of Europe: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 39. Rest of Europe: Black Truffles Market – Volume and Forecast to 2028 (Kg)
- Arotz SA
- Great Southern Truffles Pty Ltd
- L'Aragonais Food Supplies SL
- LAUMONT TRUFFLES SLU
- Les Freres Jaumard SaRL
- Old World Truffles
- SABATINO NA LLC
- TRUFFUS SAS
- Trufo
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