Technavio has been monitoring the truffles market and it is poised to grow by USD 122 million during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Global Truffles Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arotz S.A., Conservas Ferrer S.A., Gazzarrini Tartufi, La Maison Plantin, LES FRÈRES JAUMARD, Qingdao Colorful Farm Food Co. Ltd., Sabatino Italia Srl, The Truffle & Wine Co., The Truffles Co., and Urbani Tartufi Srl are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growth in commercial truffle farming has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The truffles market report covers the following areas:
This study identifies increased use of truffles in fine dining and premium dishes as one of the prime reasons driving the truffles market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist truffles market growth during the next five years
Estimation of the truffles market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the truffles market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of truffles market vendors
Table of Contents:
Value chain analysis
Five Forces Analysis
Market Segmentation by Product
Comparison by Product
Black truffles – Market size and forecast 2019-2024
White truffles – Market size and forecast 2019-2024
Others – Market size and forecast 2019-2024
Market opportunity by Product
Europe – Market size and forecast 2019-2024
North America – Market size and forecast 2019-2024
APAC – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume Driver – Demand led growth
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