The black truffles market is projected to grow from US$ 295.7 million in 2022 to US$ 496.6 million by 2028; it is expected to grow at a CAGR of 9.0% from 2022 to 2028.

Black truffle is a fungus that imparts a distinct flavor and aroma to numerous food items. Black truffles are in high demand among food processing industries as black truffle is an essential ingredient in premium packaged food products, including black truffle-infused oil, cheese, honey, and sauces. TRUFF, the Australia-based manufacturer, provides black truffle oil, pasta sauce, mayo, hot sauce, and black truffle salt. Moreover, black truffles are used for household purposes as people are willing to prepare gourmet food with different luxury ingredients. Furthermore, black truffle usage is not limited to food and beverage products; it is also used in cosmetic products, including moisturizers, night creams, and antiaging formulas. Therefore, the rising usage of black truffles in various applications propels the growth of the global black truffles market.

The southwest corner of Western Australia has become the “hot spot” for truffle production worldwide. 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 black truffle market during the forecast period. Furthermore, the demand for black truffle products is surging in Japan as black truffles are majorly used in locally made fresh and processed food in Japan. To cater to the increasing demand, the manufacturers of emerging countries are enhancing their product portfolios by launching black truffle-infused products. Hanabatake Ranch sells locally made truffle-flavored burrata, as burrata is a trending food item in Japan. Similarly, the country has a rising popularity of potato chips with truffle flavor and Kitkat SNAX products infused with black truffles.

In 2021, Europe held the largest revenue share of the global black truffles 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, thereby driving the market in the region.

In European countries such as Spain, Romania, Italy, and Croatia, black truffles are available throughout the winter, which makes black truffles 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, followed by France and Italy. Hence, the significant quantity of production of black truffles across European countries fueled the demand for black truffles.

Trufo, TRUFFUS SAS, L’Aragonais Food Supplies SL, SABATINO NA LLC, LAUMONT TRUFFLES SLU, Arotz SA, Les Freres Jaumard SaRL, Perigord Truffles of Tasmania Pty Ltd, Great Southern Truffles Pty Ltd, and Old World Truffles are among the major players operating in the global black truffles market. Market players continuously focus on strategic development initiatives such as research and development, merger & acquisitions, expansion, and new product launches to offer high-quality and innovative products. These strategies boost the demand for black truffles and are expected to drive the market during the forecast period.
 
The size of the overall global black truffles market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the black truffle market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
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 Applicationulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Black Truffles Market Landscape
4.1 Market Overview
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 Expert Opinion
4.4 Ecosystem Analysis
5. 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 Emerging Regions
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– Global Market Analysis
6.1 Black Truffles Market Overview
6.2 Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
6.3 Competitive Positioning – Key Market Players
7. Black Truffles Market Analysis – By Category
7.1 Overview
7.2 Black Truffles Market, By Category (2021 and 2028)
7.3 Organic
7.3.1 Overview
7.3.2 Organic: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
7.4 Conventional
7.4.1 Overview
7.4.2 Conventional: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
8. Black Truffles Market Analysis – By Application
8.1 Overview
8.2 Black Truffles Market, By Application (2021 and 2028)
8.3 Culinary
8.3.1 Overview
8.3.2 Culinary: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
8.4 Oil
8.4.1 Overview
8.4.2 Oil: 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: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
8.6 Others
8.6.1 Overview
8.6.2 Others: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
9. Black Truffles Market Analysis – By End Use
9.1 Overview
9.2 Black Truffles Market, By End Use (2021 and 2029)
9.3 Food Retail
9.3.1 Overview
9.3.2 Food Retail: Black Truffles Market– Revenue and Forecast to 2029 (US$ Thousand)
9.4 Foodservice
9.4.1 Overview
9.4.2 Foodservice: Black Truffles Market– Revenue and Forecast to 2029 (US$ Thousand)
9.5 Processing
9.5.1 Overview
9.5.2 Processing: Black Truffles Market– Revenue and Forecast to 2029 (US$ Thousand)
10. Black Truffles Market – Geographic Analysis
10.1 Overview
10.2 North America: Black Truffles Market
10.2.1 North America: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.2.2 North America: Black Truffles Market, By Category
10.2.3 North America: Black Truffles Market, By Application
10.2.4 North America: Black Truffles Market, by End Use
10.2.5 North America: Black Truffles Market, by Key Country
10.2.5.1 US: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.2.5.1.1 US: Black Truffles Market, By Category
10.2.5.1.2 US: Black Truffles Market, By Application
10.2.5.1.3 US: Black Truffles Market, by End Use
10.2.6.2 Canada: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.2.6.2.1 Canada: Black Truffles Market, By Category
10.2.6.2.2 Canada: Black Truffles Market, By Application
10.2.6.2.3 Canada: Black Truffles Market, by End Use
10.2.6.3 Mexico: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.2.6.3.1 Mexico: Black Truffles Market, By Category
10.2.6.3.2 Mexico: Black Truffles Market, By Application
10.2.6.3.3 Mexico: Black Truffles Market, by End Use
10.3 Europe: Black Truffles Market
10.3.1 Europe: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.3.2 Europe: Black Truffles Market, By Category
10.3.3 Europe: Black Truffles Market, by Application
10.3.4 Europe: Black Truffles Market, by End Use
10.3.5 Europe: Black Truffles Market, by Key Country
10.3.5.1 Germany: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.3.5.1.1 Germany: Black Truffles Market, By Category
10.3.5.1.2 Germany: Black Truffles Market, by Application
10.3.5.1.3 Germany: Black Truffles Market, by End Use
10.3.5.2 France: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.3.5.2.1 France: Black Truffles Market, By Category
10.3.5.2.2 France: Black Truffles Market, by Application
10.3.5.2.3 France: Black Truffles Market, by End Use
10.3.5.3 UK: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.3.5.3.1 UK: Black Truffles Market, By Category
10.3.5.3.2 UK: Black Truffles Market, by Application
10.3.5.3.3 UK: Black Truffles Market, by End Use
10.3.5.4 Italy: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.3.5.4.1 Italy: Black Truffles Market, By Category
10.3.5.4.2 Italy: Black Truffles Market, by Application
10.3.5.4.3 Italy: Black Truffles Market, by End Use
10.3.5.5 Russia: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.3.5.5.1 Russia: Black Truffles Market, By Category
10.3.5.5.2 Russia: Black Truffles Market, by Application
10.3.5.5.3 Russia: Black Truffles Market, by End Use
10.3.5.5 Rest of Europe: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.3.5.5.1 Rest of Europe: Black Truffles Market, By Category
10.3.5.5.2 Rest of Europe: Black Truffles Market, by Application
10.3.5.5.3 Rest of Europe: Black Truffles Market, by End Use
10.4 Asia Pacific: Black Truffles Market
10.4.1 Asia Pacific: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.4.2 Asia Pacific: Black Truffles Market, By Category
10.4.3 Asia Pacific: Black Truffles Market, by Application
10.4.4 Asia Pacific: Black Truffles Market, by End Use
10.4.5 Asia Pacific: Black Truffles Market, by Key Country
10.4.5.1 China: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.4.5.1.1 China: Black Truffles Market, By Category
10.4.5.1.2 China: Black Truffles Market, by Application
10.4.5.1.3 China: Black Truffles Market, by End Use
10.4.5.2 Japan: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.4.5.2.1 Japan: Black Truffles Market, By Category
10.4.5.2.2 Japan: Black Truffles Market, by Application
10.4.5.2.3 Japan: Black Truffles Market, by End Use
10.4.5.3 India: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.4.5.3.1 India: Black Truffles Market, By Category
10.4.5.3.2 India: Black Truffles Market, by Application
10.4.5.3.3 India: Black Truffles Market, by End Use
10.4.5.4 Australia: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.4.5.4.1 Australia: Black Truffles Market, By Category
10.4.5.4.2 Australia: Black Truffles Market, by Application
10.4.5.4.3 Australia: Black Truffles Market, by End Use
10.4.5.5 South Korea: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.4.5.5.1 South Korea: Black Truffles Market, By Category
10.4.5.5.2 South Korea: Black Truffles Market, by Application
10.4.5.5.3 South Korea: Black Truffles Market, by End Use
10.4.5.6 Rest of Asia Pacific: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.4.5.6.1 Rest of Asia Pacific: Black Truffles Market, By Category
10.4.5.6.2 Rest of Asia Pacific: Black Truffles Market, by Application
10.4.5.6.3 Rest of Asia Pacific: Black Truffles Market, by End Use
10.5 Middle East & Africa: Black Truffles Market
10.5.1 Middle East & Africa: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.5.2 Middle East & Africa: Black Truffles Market, By Category
10.5.3 Middle East & Africa: Black Truffles Market, by Application
10.5.4 Middle East & Africa: Black Truffles Market, by End Use
10.5.5 Middle East & Africa: Black Truffles Market, by Key Country
10.5.5.1 South Africa: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.5.5.1.1 South Africa: Black Truffles Market, By Category
10.5.5.1.2 South Africa: Black Truffles Market, by Application
10.5.5.1.3 South Africa: Black Truffles Market, by End Use
10.5.5.2 Saudi Arabia: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.5.5.2.1 Saudi Arabia: Black Truffles Market, By Category
10.5.5.2.2 Saudi Arabia: Black Truffles Market, by Application
10.5.5.2.3 Saudi Arabia: Black Truffles Market, by End Use
10.5.5.3 UAE: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.5.5.3.1 UAE: Black Truffles Market, By Category
10.5.5.3.2 UAE: Black Truffles Market, by Application
10.5.5.3.3 UAE: Black Truffles Market, by End Use
10.5.5.4 Rest of MEA: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.5.5.4.1 Rest of MEA: Black Truffles Market, By Category
10.5.5.4.2 Rest of MEA: Black Truffles Market, by Application
10.5.5.4.3 Rest of MEA: Black Truffles Market, by End Use
10.6 South & Central America: Black Truffles Market
10.6.1 South & Central America: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
10.6.2 South & Central America: Black Truffles Market, By Category
10.6.3 South & Central America: Black Truffles Market, by Application
10.6.4 South & Central America: Black Truffles Market, by End Use
10.6.5 South & Central America: Black Truffles Market, by Key Country
10.6.5.1 Brazil: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.6.5.1.1 Brazil: Black Truffles Market, By Category
10.6.5.1.2 Brazil: Black Truffles Market, by Application
10.6.5.1.3 Brazil: Black Truffles Market, by End Use
10.6.5.2 Argentina: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.6.5.2.1 Argentina: Black Truffles Market, By Category
10.6.5.2.2 Argentina: Black Truffles Market, by Application
10.6.5.2.3 Argentina: Black Truffles Market, by End Use
10.6.5.3 Rest of South & Central America: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
10.6.5.3.1 Rest of South & Central America: Black Truffles Market, By Category
10.6.5.3.2 Rest of South & Central America: Black Truffles Market, by Application
10.6.5.3.3 Rest of South & Central America: Black Truffles Market, by End Use
11. Impact of COVID-19 Pandemic on Global Black Truffles Market
11.1 Impact of COVID-19 on Black Truffles Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South & Central America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 TRUFO
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 TRUFFUS SAS
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 L’aragonais Food Supplies SL
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sabatino Na LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Laumont Truffles SLU
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Arotz SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Les Freres Jaumard Sarl
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Perigord Truffles of Tasmania Pty Ltd.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Great Southern Truffles Pty Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Old World Truffles
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1. Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Global Black Truffles Market, by Category– Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Global Black Truffles Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 4. Global Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 5. North America Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 6. North America Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. North America Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 8. US Black Truffles Market, Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 9. US Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 10. US Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 11. Canada Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 12. Canada Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 13. Canada Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 14. Mexico Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 15. Mexico Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 16. Mexico Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 17. Europe: Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 18. Europe Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 19. Europe Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 20. Germany Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 21. Germany Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 22. Germany Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 23. France Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 24. France Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 25. France Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 26. UK Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 27. UK Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 28. UK Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 29. Italy Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 30. Italy Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 31. Italy Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 32. Russia Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 33. Russia Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 34. Russia Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 35. Rest of Europe Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 36. Rest of Europe Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 37. Rest of Europe Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 38. Asia Pacific Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 39. Asia Pacific Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 40. Asia Pacific Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 41. China Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 42. China Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 43. China Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 44. Japan Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 45. Japan Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 46. Japan Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 47. India Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 48. India Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 49. India Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 50. Australia Black Truffles Market, By Category– Revenue and Forecast to 2028 (US$ Thousand)
Table 51. Australia Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 52. Australia Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 53. South Korea Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 54. South Korea Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 55. South Korea Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 56. Rest of Asia Pacific Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 57. Rest of Asia Pacific Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 58. Rest of Asia Pacific Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 59. Middle East & Africa Black Truffles Market, By Category– Revenue and Forecast to 2028 (US$ Thousand)
Table 60. Middle East & Africa Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 61. Middle East & Africa Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 62. South Africa Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 63. South Africa Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 64. South Africa Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 65. Saudi Arabia Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 66. Saudi Arabia Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 67. Saudi Arabia Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 68. UAE Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 69. UAE Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 70. UAE Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 71. Rest of MEA Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 72. Rest of MEA Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 73. Rest of MEA Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 74. South & Central America Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 75. South & Central America Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 76. South & Central America Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 77. Brazil Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 78. Brazil Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 79. Brazil Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 80. Argentina Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 81. Argentina Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 82. Argentina Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 83. Rest of South & Central America Black Truffles Market, By Category – Revenue and Forecast to 2028 (US$ Thousand)
Table 83. Rest of South & Central America Black Truffles Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 84. Rest of South & Central America Black Truffles Market, by End Use – Revenue and Forecast to 2028 (US$ Thousand)
Table 85. List of Abbreviation

LIST OF FIGURES

Figure 1. Black Truffles Market Segmentation
Figure 2. Black Truffles Market Segmentation – By Geography
Figure 3. Global Black Truffles Market Overview
Figure 4. Black Truffles Market: By End Use
Figure 5. Black Truffles Market: By Region
Figure 6. Global Black Truffles Market, Key Market Players
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Ecosystem: Black Truffles Market
Figure 10. Sign Ups for Veganuary Campaign During 2015–2021
Figure 11. Black Truffles Market: Impact Analysis of Drivers and Restraints
Figure 12. Geographic Overview of Black Truffles Market
Figure 13. Global: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 14. Key Players: Black Truffles Market
Figure 15. Black Truffles Market Revenue Share, By Category (2021 and 2028)
Figure 16. Organic: Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 17. Conventional: Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. Black Truffles Market Revenue Share, By Application (2021 and 2028)
Figure 19. Culinary: Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 20. Oil: Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 21. Sauces, Spreads, and Butter: Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 22. Others: Black Truffles Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 23. Black Truffles Market Revenue Share, By End Use (2021 and 2028)
Figure 24. Food Retail: Black Truffles Market– Revenue and Forecast To 2028 (US$ Thousand)
Figure 25. Foodservice: Black Truffles Market– Revenue and Forecast To 2028 (US$ Thousand)
Figure 26. Processing: Black Truffles Market– Revenue and Forecast To 2028 (US$ Thousand)
Figure 27. Others: Black Truffles Market– Revenue and Forecast To 2028 (US$ Thousand)
Figure 28. Global Black Truffles Market Revenue Share, By Region (2021 and 2028)
Figure 29. North America: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 30. North America: Black Truffles Market Revenue Share, By Category (2021 and 2028)
Figure 31. North America: Black Truffles Market Revenue Share, By Application (2021 and 2028)
Figure 32. North America: Black Truffles Market Revenue Share, by End Use (2021 and 2028)
Figure 33. North America: Black Truffles Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. US: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 35. Canada: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 36. Mexico: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 37. Europe: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 38. Europe: Black Truffles Market Revenue Share, By Category (2021 and 2028)
Figure 39. Europe: Black Truffles Market Revenue Share, by Application (2021 and 2028)
Figure 40. Europe: Black Truffles Market Revenue Share, by End Use (2021 and 2028)
Figure 41. Europe: Black Truffles Market Revenue Share, by Key Country (2021 and 2028)
Figure 42. Germany: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 43. France: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 44. UK: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 45. Italy: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 46. Russia: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 47. Rest of Europe: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 48. Asia Pacific: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 49. Asia Pacific: Black Truffles Market Revenue Share, By Category (2021 and 2028)
Figure 50. Asia Pacific: Black Truffles Market Revenue Share, By Application (2021 and 2028)
Figure 51. Asia Pacific: Black Truffles Market Revenue Share, by End Use (2021 and 2028)
Figure 52. Asia Pacific: Black Truffles Market Revenue Share, by Key Country (2021 and 2028)
Figure 53. China: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 54. Japan: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 55. India: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 56. Australia: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 57. South Korea: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 58. Rest of Asia Pacific: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 59. Middle East & Africa: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 60. Middle East & Africa: Black Truffles Market Revenue Share, By Category (2021 and 2028)
Figure 61. Middle East & Africa: Black Truffles Market Revenue Share, By Application (2021 and 2028)
Figure 62. Middle East & Africa: Black Truffles Market Revenue Share, by End Use (2021 and 2028)
Figure 63. Middle East & Africa: Black Truffles Market Revenue Share, by Key Country (2021 and 2028)
Figure 64. South Africa: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 65. Saudi Arabia: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 66. UAE: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 66. Rest of MEA: Black Truffles Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 67. South & Central America: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 68. South & Central America: Black Truffles Market Revenue Share, By Category (2021 and 2028)
Figure 69. South & Central America: Black Truffles Market Revenue Share, By Application (2021 and 2028)
Figure 70. South & Central America: Black Truffles Market Revenue Share, by End Use (2021 and 2028)
Figure 71. South & Central America: Black Truffles Market Revenue Share, by Key Country (2021 and 2028)
Figure 72. Brazil: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 73. Argentina: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 74. Rest of South & Central America: Black Truffles Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 75. Impact of COVID-19 Pandemic in North America
Figure 76. Impact of COVID-19 Pandemic in Europe
Figure 77. Impact of COVID-19 Pandemic in Asia Pacific
Figure 78. Impact of COVID-19 Pandemic in the Middle East & Africa
Figure 79. Impact of COVID-19 Pandemic in South & Central America

● Highlights key business priorities in order to assist companies to realign their business strategies.
● The key findings and recommendations highlight crucial progressive industry trends in the global black truffles market, thereby allowing players to develop effective long-term strategies.
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
● Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

The List of Companies – Black Truffles Market
● Trufo, Truffus SAS
● L’aragonais Food Supplies SL
● Sabatino Na LLC
● Laumont Truffles SLU
● Arotz SA
● Les Freres Jaumard Sarl
● Perigord Truffles of Tasmania Pty Ltd.
● Great Southern Truffles Pty Ltd.
● Old World Truffles

The scope of our recent study on the “Black Truffles Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Category (Organic and Conventional), Application (Culinary; Oil; Sauces, Spreads, and Butter; and Others), and End Use (Processing, Food Retail, and Foodservice)” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis. It also entails the identification of significant market players and their key developments.

The black truffles market size is projected to grow from US$ 295.7 million in 2022 to US$ 496.6 million by 2028; it is expected to register a CAGR of 9.0% from 2022 to 2028.

The black truffle, scientifically known as Tuber melanosporum, is a species of truffle native to Southern Europe. It is one of the most expensive edible mushrooms in the world. It has a dark brown fruiting body and black-brown skin with small pyramidal cusps. Black truffles grow at a depth of 5 cm to 50 cm as ectomycorrhizae, preferably in loose calcareous soil, close to the roots of their plant. These plants can be holm oaks, French oaks, hazel, cherry, and other deciduous trees.

The global black truffles market is segmented based on category, application, and geography. Based on category, the market is segmented into organic and conventional. The organic segment is expected to grow at the fastest CAGR during the forecast period. Generally, organic black truffles are more expensive than conventional truffles due to their superior quality. The rising health awareness pushed consumers toward adopting preventive health measures. Restaurants and top chefs are increasingly adopting organic truffles to respond to the rising health concerns and growing consumer demand for organic food products.

The global black truffles market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America is expected to be the fastest-growing region during the forecast period. The region has the presence of many government and private associations and organizations that promote awareness, growth, and development of the black truffle industry in North America. These authorities are taking initiatives by promoting research, setting standards, sharing information between growers, and educating the public. According to the North American Truffle Growers Association (NATGA), there are over 200 truffle installations planted in the US, ranging in size from a few trees to over 12,000 in one orchard. This makes ultra-fresh black truffles available to food service professionals and chefs. Therefore, strategic initiatives by private and public associations are driving the demand for black truffles across the region.

Impact of COVID-19 Pandemic on Black Truffles Market

The global economy was hit hard due to the COVID-19 pandemic. Governments of various countries took possible steps in the form of country-wide lockdowns to restrict the spread of SARS-CoV-2, which directly impacted the growth of industrial sectors. Various measures implemented to combat the spread of SARS-CoV-2 hampered the food & beverages industry. The sudden closing of national and international boundaries disrupted operational efficiencies and value chains. Black truffle production is a labor-intensive procedure. Thus, the lockdowns imposed by governments resulted in a labor shortage and negatively impacted the production of black truffles. Moreover, due to travel restrictions, trade limitations, manufacturing unit shutdowns, and other government restrictions, the food & beverages, manufacturing, and foodservice industries faced a shortage of black truffles. These factors negatively impacted the black truffles market during the peak of the COVID-19 outbreak.
1.1.1 Black Truffles Market Breakdown – by Region

The report includes the segmentation of the global black truffles market as follows:

Based on category, the black truffles market is segmented into organic and conventional. Based on application, the black truffles market is segmented into culinary; oil; sauces, spreads, & butter; and others. Based on end use, the market is divided into foodservice, processing, and food retail. By geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The North America black truffles market is subsegmented into the US, Canada, and Mexico. The Europe market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific black truffles market is divided into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The MEA market is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The South & Central America market is segmented into Brazil, Argentina, and the Rest of South & Central America.