• September 21, 2020

Truffles Market- Roadmap for Recovery from COVID-19|Growth in Commercial Truffle Farming to Boost the Market Growth | Technavio - Odessa American: Business

e-Edition Subscribe

Truffles Market- Roadmap for Recovery from COVID-19|Growth in Commercial Truffle Farming to Boost the Market Growth | Technavio

Print
Font Size:
Default font size
Larger font size

Posted: Wednesday, September 16, 2020 12:15 am | Updated: 12:47 am, Wed Sep 16, 2020.

LONDON--(BUSINESS WIRE)--Sep 16, 2020--

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200915006028/en/

Technavio has announced its latest market research report titled Global Truffles Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by product, which is the leading segment in the market?
  • The black truffles are expected to be the leading segment in the global market during the forecast period.
  • What are the major trends in the market?
  • Increased use of truffles in fine dining and premium dishes is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 7%, the incremental growth of the market is anticipated to be USD 122 million.
  • Who are the top players in the market?
  • 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.
  • What are the key market drivers and challenges?
  • Growth in commercial truffle farming is one of the major factors driving the market. However, the fluctuating prices of truffles restraint market growth.
  • How big is the Europe market?
  • The Europe region will contribute 35% of market growth.

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. The growth in commercial truffle farming will offer immense growth opportunities. To make 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.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

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.

Truffles Market 2020-2024: Segmentation

Truffles Market is segmented as below:

  • Product
    • Black Truffles
    • White Truffles
    • Others
  • Geography
    • Europe
    • North America
    • APAC
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR43639

Truffles Market 2020-2024: Scope

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:

  • Truffles Market Size
  • Truffles Market Trends
  • Truffles Market Analysis

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.

Register for a free trial today and gain instant access to 17,000+ market research reports.Technavio's SUBSCRIPTION platform

Truffles Market 2020-2024: Key Highlights

  • 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:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • 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

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • 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
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 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.
  • Urbani Tartufi Srl

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200915006028/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 09/16/2020 01:15 AM/DISC: 09/16/2020 01:15 AM

http://www.businesswire.com/news/home/20200915006028/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Odessa, TX

Current Conditions

Clear
77°
Humidity: 40%
Winds: E at 9mph
Feels Like: 77°

Your Extended Forecast

Tomorrow

weather
High 84°/Low 56°
Clear. Lows overnight in the mid 50s.

tuesday

weather
High 86°/Low 59°
Abundant sunshine. Highs in the mid 80s and lows in the upper 50s.

wednesday

weather
High 85°/Low 59°
Partly cloudy. Highs in the mid 80s and lows in the upper 50s.
Online Features

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>




  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7314 to sign up today.