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Demand For Global Truffles Market To Reach US$ 764 Million By 2031

According to a recent report by Fact.MR, a market research and competitive intelligence provider, sales of truffles are estimated to reach a value of US$ 764.2 Mn by 2031, surging at 8.9% CAGR through the decade.

Apart from their powerful flavor and scent, truffles have a number of health benefits that are making them more popular among individuals who prefer to eat healthily, such as being rich in important nutrients, high in antioxidants, having antibacterial properties, and also helping reduce inflammation.

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Besides these health benefits, the product is also being highly demanded due to the compatibility of the taste of truffles with wines. Consumers enter a realm of true and authentic tastefulness when a conversation about truffles and wine pairings gets on. It is always recommended to pair wine with truffles based on the type of truffle being tasted, as truffles are frequently accompanied by other elements.

Key Takeaways from Market Study

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“The truffles market is being driven by their taste, aroma, and health benefits. Rising awareness about the product along with increased use in the F&B industry in the form of oils, honey, salt, butter, etc., are key factors for market expansion,” says a lead analyst at Fact.MR.

Key Market Segments Covered in Truffles Industry Research

Top Truffle Suppliers

Truffle producers are expanding in number due to rising demand for their taste and aroma across various parts of the world. Mushroom providing companies are working on research & development to understand the market gaps and work towards filling the same.

Similarly, latest developments related to companies manufacturing truffles have been tracked by the team at Fact.MR, which are available in the full report.

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