The global porcini oil market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Porcini oil is a modern cooking ingredient used to impart the flavor and aroma of porcini to a dish. The oil is also claimed to be low in calories, however, supply a good amount of protein, fiber, and iron. It is also high in antioxidants and may reduce inflammation, improve digestive health, promote weight loss and support killing off colon cancer cells, making this oil a healthy option to support give the diet an upgrade. It is an especially versatile flavor that includes a wide range of uses in cooking. All these benefits offered by porcini oil coupled with the rising global disposable income are likely to drive the growth of the global porcini oil market during the forecast period.
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Further, the growing cases of cardiovascular diseases is pushing the global population towards healthy food habits. According to the World Heart Federation, between 2016 and 2017, the US spent $363 billion on heart disease. This covers the costs of healthcare services, medications, and lost productivity as a result of mortality. The most frequent type of heart illness, coronary heart disease, killed 360,900 people in 2019. These diseases affect approximately 18.2 million persons aged 20 and up (about 6.7%). Thus, the growing global population suffering from cardiovascular illnesses is the primary factor for the increased demand for porcini oil.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Porcini Oil Market Report by Segment
By Product Type
- Black Truffle Oil
- White Truffle Oil
- Yellow Truffle Oil
By Application
- Pizza
- Meat
- Vegetables
- Pasta and Risotto
- Others
Global Porcini Oil Market Report by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
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