LONDON--(BUSINESS WIRE)--The global culinary tourism market size is poised to grow by USD 82.02 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of over 9% during the forecast period.
Read the 114-page research report with TOC on "Culinary Tourism Market Analysis Report by type (domestic and international) and geography (APAC, North America, Europe, South America, and MEA) 2019-2023 at: https://www.technavio.com/report/global-culinary-tourism-market-industry-analysis?
The market is driven by the increase in integrative culinary and cultural events. Also, the positive influence of digital media on culinary tourism is anticipated to further boost the growth of the market during the forecast period.
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Increase in integrative culinary and cultural events introduced at music and arts festivals offer opportunities to food service providers and other culinary tourism suppliers to get access to the large customer base. The introduction of food trucks is a critical factor that will boost the market growth. These food trucks provide customers with a broad and trendy selection of local flavors. Destination management organizations (DMOs) are also taking note of the growth of different art and festival events, and the role of food in them. Many destinations worldwide have started collaborating with local businesses and celebrated native chefs to promote activities that focus on different types of culinary offerings.
The positive influence of digital media on culinary tourism is another major factor driving the growth of the culinary tourism market. Numerous travel and cooking programs are being telecast both on television and on the Internet, which have gained immense popularity across the world. These programs provide information about different exciting food and drink cultures, which include baking shows, professional competitions, food travel programs, and others.
To find out more about Culinary tourism Market Research 2019-2023, https://www.technavio.com/talk-to-us?report=IRTNTR30752
The report includes detailed profiles of the leading companies & prominent vendors of the market:
- Abercrombie & Kent
- Classic Journeys
- G Adventures
- ITC Travel Group
- TÜ ELITE
Market Segmentation by type:
The Culinary Tourism Market can be broadly categorized into the following:
- Domestic
- International
Key Regions for the Culinary Tourism Market:
Featuring a breakdown of region-wise market shares until 2019.
- APAC
- Europe
- North America
- MEA
- South America
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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