DUBLIN--(BUSINESS WIRE)--The "Global Culinary Tourism Market [By Region - North America (The US), Europe (The UK, France, Italy & Germany) & Asia Pacific (China, Japan & India)] Market Outlook 2027" report has been added to ResearchAndMarkets.com's offering.
The proliferation of food networks has made culinary tourism one of the hottest trend in travel. The world's leading destinations are already leveraging the power of food tourism. The industry is increasingly witnessing higher opportunities for foodservice and culinary tourism providers with an underlying rise in integrative culinary and cultural events across the world. There has been a substantial increase in collaborations between local businesses and celebrated native chefs at popular tourist destinations.
According to this new report, the global culinary tourism market is estimated to be valued at US$ 1.8 billion in the year 2027, growing at a CAGR of 16.5% in the period 2020 to 2027. Growth of the market is driven by rising demand by food enthusiast millennials, the surge in the number of travellers, the positive influence of digital media, increasing disposable income and food festivals and other promotions.
This report provides detailed analysis of the global culinary tourism market from qualitative and quantitative outlooks during the forecast period across various regional markets. It also provides coverage on market dynamics with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.
Companies Mentioned
- Abercrombie & Kent
- Classic Journeys
- G Adventures
- ITC Travel Group
- The Travel Corporation
- Topdeck Travel
- Tour Radar
- T ELITE
Key questions answered in the report
- The historical market size of the culinary tourism market in value terms for the year 2019 in US$ Billions.
- Projected market growth in the forecasted period 2020 to 2027 with estimated revenue for each year in US$ Billions.
- Regional and country analysis of culinary tourism market is provided for the period 2019 to 2027.
- Market drivers, restraints and industry trends that have an impact on revenue.
- Profiling of major companies in the segment.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Culinary Tourism
3.1 Overview
3.1.1 Market Evolution
3.1.2 Benefits
3.2 Types of Culinary Tourism
3.3 The Value Chain Analysis
4. Market Analysis
4.1 Market Sizing (Actual & Forecasted)
4.2 Market Share Analysis
4.2.1 By Category
4.2.2 Market Share by Tour
4.2.3 Market Share by Distribution Channel
4.2.5 By Mode of Booking
4.2.6 By Age Group
4.2.7 Market Share by Region
5. Regional Analysis
5.1 North America
5.1.1 Market Sizing (Actual & Forecasted)
5.1.2 The US
5.1.2.1 Market Sizing (Actual & Forecasted)
5.2 Europe
5.2.1 Market Sizing (Actual & Forecasted)
5.2.2 The UK
5.2.2.1 Market Sizing (Actual & Forecasted)
5.2.3 Germany
5.2.3.1 Market Sizing (Actual & Forecasted)
5.2.4 France
5.2.4.1 Market Sizing (Actual & Forecasted)
5.2.5 Italy
5.2.5.1 Market Sizing (Actual & Forecasted)
5.3 Asia Pacific
5.3.1 Market Sizing (Actual & Forecasted)
5.3.2 Japan
5.3.2.1 Market Sizing (Actual & Forecasted)
5.3.3 China
5.3.3.1 Market Sizing (Actual & Forecasted)
5.3.4 India
5.3.4.1 Market Sizing (Actual & Forecasted)
6. PESTLE Analysis
6.1 Socio Cultural Trends
6.2 Technological Trends
6.3 Economic Trends
6.4 Political Trends
7. Market Dynamics
7.1 Industry Trends & Developments
7.1.1 Focus on Integrative Culinary & Cultural Events
7.1.2 Rising Popularity of Organic Culinary Tourism
7.1.3 Culinary Classes in Tourists Itinerary
7.1.4 Attractiveness of Street Food & Markets
7.2 Growth Drivers
7.2.1 Rise in Demand by Food Enthusiast Millennials
7.2.2 Surge in Number of Travelers
7.2.3 Positive Influence of Digital Media
7.2.4 Increasing Disposable Income
7.2.5 Food Festivals & Other Promotions
7.3 Challenges
7.3.1 COVID-19 Outbreak
7.3.2 High Associated Cost
7.3.3 Safety Issues
8. Competitive Landscape
9. Company Profiles
9.1 Abercrombie & Kent
9.2 Classic Journeys
9.3 G Adventures
9.5 T ELITE
9.6 The Travel Corporation
9.7 Topdeck Travel
9.8 Tour Radar
For more information about this report visit https://www.researchandmarkets.com/r/838mj2
