Global Culinary Tourism Market Report
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The new report published by The Business Research Company, titled Culinary Tourism Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the culinary tourism market size has grown rapidly in recent years. It will grow from $800.23 billion in 2023 to $924.8 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The culinary tourism market size is expected to see rapid growth in the next few years. It will grow to $1,658.5 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%.
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What Is Driving The Growth Of The Global Culinary Tourism Market?
Growth In International Travelers To Boost Culinary Tourism Market Expansion
The rising number of international travelers is expected to drive the culinary tourism market going forward. International travelers are people who cross national borders for activities such as tourism, business, or education. International travelers are rising due to better global connectivity, higher disposable incomes, and an increased interest in diverse experiences. Culinary tourism enriches international travelers’ experience by allowing them to taste local dishes and gain insights into the culture and traditions of the places they visit. For instance, in February 2024, according to the International Trade Administration, a US-based government resource, the overall number of international visitors to the United States is expected to rise to 77.7 million in 2024, an increase of 10.4 million, or 15.4%, from the 67.3 million visitors recorded in 2023. Therefore, increasing international travelers will drive the culinary tourism market.
What Is The Key Trend In The Global Culinary Tourism Market?
Technological Advancements In Culinary Tourism To Enhance Culinary Tourism Experiences
Major companies operating in the culinary tourism market are planning programs with world-class and unique dining destinations to enhance the tourist experience by providing accurate navigation to culinary destinations, personalized tour recommendations, and real-time information on local dining options. A program with world-class and unique dining destinations showcases unique restaurants, offering diners distinctive and high-quality culinary experiences. For instance, in November 2023, the West Virginia Department, a US-based government entity, launched a culinary trail. The West Virginia Culinary Trail features top restaurants chosen by the state’s chef ambassadors, encouraging visitors to experience local cuisine. Participants can earn foodie prizes by checking in at these eateries. The trail is updated with new ambassador recommendations, inviting travelers to enjoy both the state’s culinary delights and scenic landscapes.
How Is The Global Culinary Tourism Market Segmented?
The culinary tourism market covered in this report is segmented –
1) By Activity: Culinary Trails, Cooking Classes, Restaurants, Food Festivals, Other Activities
2) By Tourist Type: Recreational, Diversionary, Existential, Experimental
3) By Age Group: Baby Boomers, Generation X, Generation Y, Generation Z
4) By Geographic Focus: Local Guidance, National Tours, International Tours
5) By Booking Mode: Online Travel Agencies (OTA), Tour Operators, Direct Travel
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How Is The Competitive Landscape Of The Global Culinary Tourism Market?
Major companies operating in the culinary tourism market are The Travel Corporation, City Experiences, Abercrombie & Kent USA LLC, Intrepid Travel Pty Ltd, TourRadar GmbH, G Adventures Inc., Viator Inc., Zicasso Inc., Secret Food Tours, Eating Europe Food Tours, Food Tour Corporation, Greaves Travel Ltd, The International Kitchen, Culinary Backstreets, India Food Tour, Classic Journeys LLC, Context Travel, Epicurean Ways LLC, Gourmet on Tour, The FTC4Lobe Group
Contents Of The Global Culinary Tourism Market
1. Executive Summary
2. Culinary Tourism Market Report Structure
3. Culinary Tourism Market Trends And Strategies
4. Culinary Tourism Market – Macro Economic Scenario
5. Culinary Tourism Market Size And Growth
…..
27. Culinary Tourism Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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