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North America Truffle Market Size, Share & Industry Trends Analysis Report By Nature (Conventional, and Organic), By Form (Fresh, and Processed), By Distribution Channel (B2C, and B2B), By End-use, By Product, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Dec 21, 2023
Length 130 Pages
SKU # KBV18403741

Description

North America Truffle Market Size, Share & Industry Trends Analysis Report By Nature (Conventional, and Organic), By Form (Fresh, and Processed), By Distribution Channel (B2C, and B2B), By End-use, By Product, By Country and Growth Forecast, 2023 - 2030


The North America Truffle Market would witness market growth of 6.8 % CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 84.1 tonnes, showcasing a growth of 6.7 % (2019-2022).

The truffle market, where gastronomy meets luxury, has experienced a notable evolution in recent years. Truffles, the prized fungi that grow underground in symbiosis with tree roots, have long been revered for their unique flavors and aromas, making them a sought-after ingredient in high-end culinary creations. Beyond their traditional strongholds, truffles have become a symbol of culinary sophistication, featured in dishes ranging from Japanese cuisine to contemporary American fare.

This adoption signifies a paradigm shift where niche ingredients become integrated into mainstream culinary practices. Culinary tourism has emerged as a significant driver for the adoption of it. Travelers now embark on gastronomic journeys, exploring regions known for their truffle traditions. The hills of Umbria in Italy, the oak forests of Perigord in France, and other truffle-rich landscapes have become destinations for those seeking authentic truffle experiences.

Additionally, Canada's diverse culinary landscape also attracts local and international food tourists. Truffle-centric culinary events and festivals organized by the food service industry can become popular attractions. These events showcase truffle-infused dishes, provide educational experiences, and contribute to the growth by creating a buzz around this unique culinary ingredient. As per the data from Statistics Canada, January sales in the culinary services and drinking places subsector increased by 8.7% on a seasonally adjusted basis, reaching $8.0 billion. Every subsector within the industry experienced growth: full-service restaurants grew by 9.6%, limited-service restaurants by 8.6%, special culinary services by 7.4%, and drinking establishments by 1.8%. The provinces that experienced the greatest growth were British Columbia (+15.4%) and Ontario (+8.6%). Thus, the growing food service industry in North America will drive the demand for truffles in the region.

The US market dominated the North America Truffle Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $143.2 million by 2030. The Canada market is experiencing a CAGR of 9.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.3% during (2023 - 2030).

Based on Nature, the market is segmented into Conventional, and Organic. Based on Form, the market is segmented into Fresh, and Processed. Based on Distribution Channel, the market is segmented into B2C, and B2B. Based on End-use, the market is segmented into Food & Beverages, Cosmetics & Personal Care Products, and Pharmaceuticals. Based on Product, the market is segmented into Black Truffles, White Truffles, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Arotz Foods, SA, Old World Truffle, Truffle Hunter, Inc., Urbani Truffles (Urbani Tartufi S.r.l), Sabatino Tartufi, The Welsh Truffle Company, Truffle Hill, Tartufi Morra Srl, Angellozzi Tartuficoltura, and Great Southern Truffles.

Scope of the Study

Market Segments covered in the Report:

By Nature (Volume, Tonnes, USD Million, 2019-2030)
  • Conventional
  • Organic
By Form (Volume, Tonnes, USD Million, 2019-2030)
  • Fresh
  • Processed
By Distribution Channel (Volume, Tonnes, USD Million, 2019-2030)
  • B2C
  • B2B
By End-use (Volume, Tonnes, USD Million, 2019-2030)
  • Food & Beverages
  • Cosmetics & Personal Care Products
  • Pharmaceuticals
By Product (Volume, Tonnes, USD Million, 2019-2030)
  • Black Truffles
  • White Truffles
  • Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Arotz Foods, SA
  • Old World Truffle
  • Truffle Hunter, Inc.
  • Urbani Truffles (Urbani Tartufi S.r.l)
  • Sabatino Tartufi
  • The Welsh Truffle Company
  • Truffle Hill
  • Tartufi Morra Srl
  • Angellozzi Tartuficoltura
  • Great Southern Truffles
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

130 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Truffle Market, by Nature
1.4.2 North America Truffle Market, by Form
1.4.3 North America Truffle Market, by Distribution Channel
1.4.4 North America Truffle Market, by End-use
1.4.5 North America Truffle Market, by Product
1.4.6 North America Truffle Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. North America Truffle Market by Nature
4.1 North America Conventional Market by Region
4.2 North America Organic Market by Region
Chapter 5. North America Truffle Market by Form
5.1 North America Fresh Market by Region
5.2 North America Processed Market by Region
Chapter 6. North America Truffle Market by Distribution Channel
6.1 North America B2C Market by Country
6.2 North America B2B Market by Country
Chapter 7. North America Truffle Market by End-use
7.1 North America Food & Beverages Market by Country
7.2 North America Cosmetics & Personal Care Products Market by Country
7.3 North America Pharmaceuticals Market by Country
Chapter 8. North America Truffle Market by Product
8.1 North America Black Truffles Market by Country
8.2 North America White Truffles Market by Country
8.3 North America Others Market by Country
Chapter 9. North America Truffle Market by Country
9.1 US Truffle Market
9.1.1 US Truffle Market by Nature
9.1.2 US Truffle Market by Form
9.1.3 US Truffle Market by Distribution Channel
9.1.4 US Truffle Market by End-use
9.1.5 US Truffle Market by Product
9.2 Canada Truffle Market
9.2.1 Canada Truffle Market by Nature
9.2.2 Canada Truffle Market by Form
9.2.3 Canada Truffle Market by Distribution Channel
9.2.4 Canada Truffle Market by End-use
9.2.5 Canada Truffle Market by Product
9.3 Mexico Truffle Market
9.3.1 Mexico Truffle Market by Nature
9.3.2 Mexico Truffle Market by Form
9.3.3 Mexico Truffle Market by Distribution Channel
9.3.4 Mexico Truffle Market by End-use
9.3.5 Mexico Truffle Market by Product
9.4 Rest of North America Truffle Market
9.4.1 Rest of North America Truffle Market by Nature
9.4.2 Rest of North America Truffle Market by Form
9.4.3 Rest of North America Truffle Market by Distribution Channel
9.4.4 Rest of North America Truffle Market by End-use
9.4.5 Rest of North America Truffle Market by Product
Chapter 10. Company Profiles
10.1 Arotz Foods, SA
10.1.1 Company Overview
10.1.2 SWOT Analysis
10.2 Old World Truffle
10.2.1 Company Overview
10.2.2 SWOT Analysis
10.3 Truffle Hunter, Inc.
10.3.1 Company Overview
10.3.2 SWOT Analysis
10.4 Urbani Truffles (Urbani Tartufi S.r.l.)
10.4.1 Company Overview
10.4.2 SWOT Analysis
10.5 Sabatino Tartufi
10.5.1 Company Overview
10.5.2 SWOT Analysis
10.6 The Welsh Truffle Company
10.6.1 Company Overview
10.6.2 SWOT Analysis
10.7 Truffle Hill
10.7.1 Company Overview
10.7.2 SWOT Analysis
10.8 Tartufi Morra Srl
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Angellozzi Tartuficoltura
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. Great Southern Truffles
10.10.1 Company Overview
10.10.2 SWOT Analysis

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