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Download Free sampleThe global Truffle Oil market was valued at 26 Million USD in 2021 and will grow with a CAGR of 4.32% from 2021 to 2027.
The prime objective of Truffle Oil Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Truffle Oil Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Truffle oil is a modern culinary ingredient used to impart the flavor and aroma of truffles to a dish.Truffle oil is top-quality olive oil that has been infused with either white or black truffles. Both types of truffles have an earthy, mushroom flavor. Truffle oil was originally created when truffles are soaked in olive oil. Before commercial truffle oil was introduced in the 1980s, chefs in Italy and France traditionally made they own by steeping tiny bits of fresh truffles in high-quality olive oil. Our data do not cover chemically synthesized truffle oil. Urbani, Marcel Plantin, Truffle Hunter and Sabatino Tartufi are major players in the sales market. These companies are also the largest truffle suppliers in the world. Urbani is the market leader of global which hold about 15% revenue market share. The downstream customers are mainly focused on EU and North America. In 2016, Europe holds 82.5% of the consumption share. At the same time, Pasta and Risotto, Pizza and Vegetables are the main consumption applications of truffle oil. In 2016, Pasta and Risotto holds 27% of truffle oil consumption.
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