PUBLISHER: Value Market Research | PRODUCT CODE: 1458034
PUBLISHER: Value Market Research | PRODUCT CODE: 1458034
The global demand for Culinary Tourism Market is presumed to reach the market size of nearly USD 64.53 BN by 2032 from USD 11.72 BN in 2023 with a CAGR of 20.87% under the study period 2024 - 2032.
Culinary tourism involves exploring local and regional food experiences as a primary motivator for travel. Travelers engage in culinary travel to discover and appreciate diverse cuisines, local culinary traditions, and food-related cultural practices and includes, visiting food markets, take part in cooking classes, and dining at local eateries. It contributes to the economic development of destinations, promotes cultural exchange, and allows travelers to immerse themselves in the culinary heritage of different regions.
The growing interest in food experiences, cultural exploration through gastronomy, and the influence of social media on travel preferences drive the culinary tourism market. Culinary tourism involves travelers seeking authentic and unique food & beverage experiences, exploring local cuisines, and engaging in culinary-related activities during their travels. The rise of food-centric television programs, culinary blogs, and social media platforms showcasing diverse culinary traditions contribute to market growth. Additionally, the desire for immersive travel experiences and the recognition of food as a central element of cultural identity drives market growth. Local governments and tourism boards actively promote culinary destinations, festivals, and food tours to attract visitors and stimulate economic growth. Integrating culinary experiences into travel itineraries, such as cooking classes, food markets, and farm-to-table excursions, further enhances the appeal of culinary tourism. The dynamic and ever-evolving nature of food trends and global cuisines continue to shape the vibrant market landscape worldwide.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of culinary tourism. The growth and trends of culinary tourism industry provide a holistic approach to this study.
This section of the culinary tourism market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Culinary Tourism market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Culinary Tourism market include Abercrombie & Kent USA, LLC, Greaves Travel Ltd, India Food Tour, Classic Journeys, LLC, The FTC4Lobe Group, The Travel Corporation, Gourmet on Tour, Culinary Adventures International, Culinary Tours, Butterfield & Robinson Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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