There were 1,923 press releases posted in the last 24 hours and 399,229 in the last 365 days.

Culinary Tourism Global Market Report 2023: Sector to Reach $2,114 Billion by 2028 at a CAGR of 17.44%

DUBLIN, March 13, 2023 /PRNewswire/ -- The "Culinary Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering.


The global culinary tourism market size reached US$ 805.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 2,114.2 Billion by 2028, exhibiting a CAGR of 17.44% during 2022-2028.

Companies Mentioned

  • Abercrombie & Kent Group of Companies S.A.
  • Butterfield and 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

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
1. What was the size of the global culinary tourism market in 2022?
2. What is the expected growth rate of the global culinary tourism market during 2023-2028?
3. What has been the impact of COVID-19 on the global culinary tourism market?
4. What are the key factors driving the global culinary tourism market?
5. What is the breakup of the global culinary tourism market based on the activity type?
6. What is the breakup of the global culinary tourism market based on the tour type?
7. What is the breakup of the global culinary tourism market based on the age group?
8. What is the breakup of the global culinary tourism market based on the mode of booking?
9. What are the key regions in the global culinary tourism market?
10. Who are the key players/companies in the global culinary tourism market?

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
6.1 Culinary Trials
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cooking Classes
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Restaurants
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Food Festivals and Events
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast

7 Market Breakup by Tour Type
7.1 Domestic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 International
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Age Group
8.1 Baby Boomers
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Generation X
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Generation Y
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Generation Z
8.4.1 Market Trends
8.4.2 Market Forecast

9 Market Breakup by Mode of Booking
9.1 Online Travel Agents
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Traditional Agents
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Direct Booking
9.3.1 Market Trends
9.3.2 Market Forecast

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/5hm9o

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/culinary-tourism-global-market-report-2023-sector-to-reach-2-114-billion-by-2028-at-a-cagr-of-17-44-301770446.html

SOURCE Research and Markets