How Big is Agritourism Market ? :
IMARC Group’s latest research report, titled “Agritourism Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the agritourism market demand. The report also includes competitor and regional analysis, and contemporary advancements in the market. the global agritourism market size reached US$ 58.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 114.3 Billion by 2028, exhibiting a growth rate (CAGR) of 11.3% during 2023-2028.
What is Meant by Agritourism Market ? :
Agritourism, also known as agricultural tourism, is a unique form of travel and leisure activity that combines elements of agriculture and tourism. It involves visitors experiencing and engaging in various activities on working farms, ranches, vineyards, or agricultural facilities. Agritourism offers an opportunity for individuals, families, and groups to connect with rural areas, gain insights into farming practices, and enjoy a range of recreational and educational activities. This emerging sector provides a chance for tourists to escape from urban environments, immerse themselves in the countryside, and appreciate the agricultural heritage of a region while supporting local farming communities.
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Agritourism Market Development:
The global market is primarily driven by the augmenting demand for authentic and immersive experiences connecting to nature and rural environment, among individuals. In line with this, the rising popularity of travel experiences that combine recreation with learning opportunities is also providing an impetus to the market. Moreover, the growing emphasis on unique culinary experiences by and supporting local agricultural economies is impacting the market positively.
Moreover, the increasing adoption of eco-friendly initiatives, such as waste reduction, recycling, and conservation efforts to attract environmentally conscious travelers are creating a positive market outlook. Furthermore, the utilization of agribusiness diversification strategy to mitigate risks associated with fluctuations in commodity prices and weather conditions is acting as a significant growth-inducing factor for the market.
Key Players Included in Global Agritourism Market Research Report:
- Agrilys Voyages
- Bay Farm Tours
- Blackberry Farm LLC
- Domiruth PeruTravel
- Farm To Farm Tours
- Field Farm Tours Ltd
- Greenmount Travel
- Harvest Fresh Farms
- Liberty Hill Farm
- Monteillet Fromagerie
- Select Holidays
- Stita Farm Tours
- Willow-Witt Ranch.
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Key Market Segmentation:
Breakup by Tourist Type:
- Domestic
- International
Breakup by Activity:
- On-farm Sales
- Outdoor Recreation
- Agritainment
- Educational Tourism
- Accommodations
- Others
Breakup by Booking Channel:
- Online
- Offline
Breakup by Sales Channel:
- Travel Agents
- Direct
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Agritourism Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Agritourism Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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