1. Market Research
  2. > Consumer Goods
  3. > Luxury Goods Market Trends
  4. > Luxury Food

Luxury Food Market Research Reports: Industry Trends & Statistics

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
57 votes

More market segments:

Global Luxury Food Industry

The global luxury food industry, also part of the broader luxury goods industry, involves the elaborate preparation and presentation of gourmet food, which is made of high-quality premium ingredients. The global gourmet market has seen demand rise due to rising levels of disposable income, consumer awareness of the importance of nutrition, and the globalization of taste.

Key Luxury Food Market Segments

Trufflesare widely used in the culinary world, known for their strong aroma and unmistakable flavor. Truffles are all the more valuable because of their brief season. Black truffles are usually associated more with France, while Italy is recognized for its white truffles.

Smoked Salmonis an increasingly popular luxury food, appealing to consumers for its versatility. Smoked salmon usually comes from a fillet, which is first cured before being smoked hot or cold. This delicacy is used in a wide array of food servings including salads, pasta dishes and as canapés.

Foie Gras is made from the liver of a specially fattened goose or duck. This French delicacy is popular for its buttery, rich taste and is sold on its own or in preparations such as pâtés, parfaits and mousses. One obstacle to growth in this market segment concerns consumer attitudes towards force feeding animals. Some countries do not legally allow force feeding of animals or sale of foie gras.

Caviar is a high-priced luxury sea product that remained relatively untouched by the economic crisis, reports International Aquatic Research. Every year, caviar demand reaches around 1,200 tons, with supply falling far short of this at around 180 tons. Caviar prices begin at around $300 per kilogram in North America, and closer to $800 in the EU, while even retailing as high as $2,600 in places. The fast pace of China’s sturgeon aquaculture industry development gives rise to better domestic management techniques for caviar processing and sturgeon farming. Worldwide, around 90% of caviar comes from the Caspian Sea. Overall, the farmed caviar market is expected to replace the wild caviar market as the production of caviar from wild sturgeon falls and the quantity of caviar from farmed sturgeons continues to climb. Aquaculture production will dictate the caviar trade to a large extent, and there is likely to be less and less wild sturgeon products available on the global market. Iran is the number-one exporter and producer of caviar in the world, with exports exceeding 300 metric tons each year. Russia is the world’s second-largest caviar producer, with Italy rising as an important farmed caviar producer.

Luxury Food Regional Market Share

According to the Department of Agriculture and Food Systems of Melbourne University in Australia, the country’s truffle market is in its initial phase. Many Australian truffle growers are small-scale operations. Production in already planted areas is rising by around 40% yearly, to meet demand for exports. Moving forward, supply chain relationships and quality assurance will prove key for the Australian truffle producing industry. Australia exports its produce to the EU, Asia and the Americas.

Read more »

You might be interested in these related markets:

Customer Support

Talk to Sam

+44 207 193 2091

210 Reports
Caviar Sales, Lobster Export, Lobster Import, Lobster Price
190 Statistics
Lobster Export, Lobster Import, Caviar Export, Oyster Export
66 Reports
Caviar Import, Caviar Export, Lobster Price
430 Statistics
Wild Fisheries Production, Lobster Production, Caviar Import, Caviar Export
130 Reports
Caviar Sales, Lobster Consumption, Lobster Sales, Lobster Production
4 Statistics
Finance, Company Financials, Company
130 Reports
Caviar Sales, Lobster Export, Lobster Sales, Lobster Import
38 Reports
Finance, Company Financials, Company
40 Reports
Lobster Export, Lobster Import, Lobster Price, Lobster Sales
110 Statistics
Lobster Import, Lobster Export, Oyster Import, Caviar Import
43 Reports
Lobster Consumption, Lobster Import, Lobster Export
610 Statistics
Wild Fisheries Production, Oyster Production, Lobster Production, Caviar Import
27 Reports
Lobster Price, Lobster Import, Lobster Export
110 Statistics
Lobster Export, Lobster Import, Caviar Import, Oyster Import
16 Reports
Lobster Export, Lobster Sales
15 Statistics
Lobster Export, Caviar Import, Oyster Export
16 Reports
Lobster Sales
87 Statistics
Lobster Import, Lobster Export, Oyster Export, Caviar Export
Search in Luxury Food Industry (About 500 reports)
Parent industry: Luxury Goods
Related industries: Luxury Automobile

61 reports

Purchase Reports From Reputable Market Research Publishers

2021 Caviar Market Outlook and Opportunities in the Post COVID recovery- What’s next for companies, demand, Caviar market size, strategies, and countries to 2028

  • € 3727
  • July 2021
  • 110 pages

The Caviar market size is forecast to increase at a Compounded Annual Growth Rate (CAGR) of 9.1% over the forecast period from 2021 to 2028. The market report analyses Caviar companies, market size outlook ...

  • World
  • APAC
  • Caviar
  • Industry analysis
  • Real Gross Domestic Product

Global Caviar Market 2021-2025 € 2193 June 2021


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on