DUBLIN--(BUSINESS WIRE)--The "Culinary Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global culinary tourism market reached a value of US$ 696.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 1,796.5 Billion by 2027, exhibiting a CAGR of 17.4% during 2022-2027.
Companies Mentioned
- Abercrombie & Kent Group of Companies S.A.
- Butterfield
- Robinson Inc.
- Classic Journeys LLC
- G Adventures
- Gourmet On Tour Ltd.
- Greaves Travel L.L.C.
- International Culinary Tours
- ITC Travel Group Limited
- The Ftc4Lobe Group
- Topdeck Travel Limited
- Tourradar
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
Culinary tourism, or food tourism, is a form of travel that involves visiting novel or tourist locations to explore the local culture through food and authentic dishes. It involves various activities, such as culinary trails, cooking classes, food festivals, guided food trips and farm weekends. Culinary tourism emphasizes on providing an enhanced experience of dining and tasting novel foods, along with undertaking educational initiatives to enhance knowledge regarding the local cuisines. It also aids in increasing the demand for regional food and beverages, creating social and cultural awareness and intensifying the connection between people and food, thereby generating fond memories for the tourists
Significant growth in the tourism and hospitality industries across the globe is one of the key factors creating a positive outlook for the market. Moreover, the proliferation of various social media platforms is providing a thrust to the market growth. Food and travel bloggers are increasingly participating in culinary tourism activities for unique experiences and creating more awareness among the masses regarding local cuisines. Consumers prefer private, serene, and exotic locations with a prevalent food culture to get away from their hectic schedules and busy lifestyles and gain authentic experiences. In line with this, the availability of convenient and budget-friendly travelling and accommodation facilities is also contributing to the growth of the market.
Various technological advancements, such as the utilization of smartphone applications, artificial intelligence (AI), cloud computing and big data solutions to monitor the preferences of the consumers and generate customized itineraries, are also favoring the market growth. Other factors, including the implementation of beneficial government policies promoting culinary tourism, along with rising expenditure capacities of the consumers, are anticipated to drive the market toward growth
Key Questions Answered in This Report:
- How has the global culinary tourism market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global culinary tourism market?
- What are the key regional markets?
- What is the breakup of the market based on the activity type?
- What is the breakup of the market based on the tour type?
- What is the breakup of the market based on the age group?
- What is the breakup of the market based on the mode of booking?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global culinary tourism market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Culinary Tourism Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Activity Type
7 Market Breakup by Tour Type
8 Market Breakup by Age Group
9 Market Breakup by Mode of Booking
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/c3hgqk
