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Exclusive Report on Global Agritourism Industry: Global and Regional Analysis with Forecast till 2028, Business Opportunities, Post COVID Scenario

11-10-2021 08:38 AM CET | Energy & Environment

Press release from: Evolve Business Intelligence

Exclusive Report on Global Agritourism Industry: Global

The global Agritourism market size was valued at $67.23 Billion in 2020 and is expected to reach $119.94 Billion by 2028 growing at the CAGR of 7.29% from 2021 to 2028.

The growth in the Agritourism market is growing steadily thanks to several factors. One factor is that more people are beginning to see farm stay, home grown food, and country living experiences as part of an enjoyable adventure to pursue while on vacation. Another factor is the increase in demand for alternative education. A number of colleges and universities are offering an additional course that studies and discusses the life that farmers lead both on the field and at home.

However, lack of awareness regarding the emerging concept of agritourism and electrification in rural areas are also among the prime factors that are expected to hinder the growth of market. To add further, lack of proper guidance and knowledge about how to commercialize the industry hinders the growth of global market.

Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005552

Key Players

Some of the major Agritourism players holding high market share include Agricultural Tour Operators International, Agrilys Voyages, and Bay Farm Tours. These players use new product development and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Agricultural Tour Operators International
● Agrilys Voyages
● Bay Farm Tours
● Blackberry Farm LLC
● Farm to Farm Tours
● Greenmount Travel
● Harvest Travel International
● Field Farm Tours Limited
● Select Holidays

The recently published research report on Global Agritourism Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Agritourism market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Agritourism market report also includes the following data points:
● COVID19 Impact on Agritourism market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in the Agritourism market

Segmental Analysis

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Agritourism Market:
o Agritainment
o Educational Tourism
o Accommodations
o On-farm Sales
o Outdoor Recreation
o Others

Market Segment By Application with the focus on market share, consumption trend, and growth rate of Agritourism Market:
o Travel Agents
o Direct

For more information: https://evolvebi.com/product/agritourism-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

Geographically, Europe is set to dominate the agritourism market throughout the forthcoming years. This growth is mainly due to rising interest from international and domestic tourists as well as people looking for a day out in farm facilities which offer educational and recreational activities such as Pet ting zoos, hay barns, wineries and various other attractions facilities. Tourism numbers are rising rapidly as facilities adjust to the demand of their customers - which benefits them because they're able to sell more products and services than before. The immense governmental support and amplification of products available would further contribute to the market growth in this region.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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