Culinary Tourism Market to Wroth US$ 2,114.2 Billion by 2028 | Growth Rate (CAGR) of 17.68%

According to the latest report by IMARC Group, titled "Culinary Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global culinary tourism market size reached US$ 805.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,114.2 Billion by 2028, exhibiting a growth rate (CAGR) of 17.68% during 2023-2028.

Culinary tourism, also known as food tourism, that focuses on providing the experience of food and drink from all across the world. It is a form of experiential travel that emphasizes discovering and exploring a destination's traditional cuisine through its authentic dishes. It comprises various activities, such as cooking classes, guided food trips, farm weekends, and culinary trails to provide an enhanced experience to travelers for dining with foods and undertaking educational initiatives to improve knowledge associated with local cuisines. It helps tourists discover and explore the unique flavors, ingredients, and techniques that make a region's cuisine special. Due to the rising interest of travelers in experiencing local cultures and authentic foods, there has been a considerable increase in the demand for culinary tourism.

The rising popularity of experiential traveling among the masses majorly drives the global market. This can be supported by the increasing number of travelers seeking unique and memorable experiences while connecting with locals to learn about their cultures and cuisines. Since travelers are becoming more discerning toward meaningful experiences and their growing preference for serene, exotic, and private locations with prevalent food culture, this is driving the growth of culinary tourism across the globe. In addition, the wide availability of budget-friendly and convenient traveling and accommodation facilities for tourists is contributing to the market. Moreover, the emergence of personalized travel and educational programs, including workshops and classes in culinary tourism, is creating a positive market outlook.

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Global Culinary Tourism Market Growth:

Due to the growing health consciousness among individuals, the demand for culinary tourism is rising in order to learn about healthy, locally sourced ingredients and traditional cooking methods, which is positively influencing the market.
Apart from this, the growing number of participations by travel and food bloggers in culinary tourism activities, such as visiting local farmers' markets, joining local food clubs, and attending food festivals and cooking classes and the rising proliferation of social media platforms are major driving factors. Furthermore, various technological advancements, including the employment of smartphone applications, cloud computing, big data solutions, and artificial intelligence (AI) to monitor consumer preferences and generate customized itineraries, are creating a positive market outlook. Some of the other factors driving the market further include inflating disposable income levels and the emerging tourism industry.

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Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

• Abercrombie & Kent Group of Companies S.A.
• Butterfield and Robinson Inc.
• Classic Journeys LLC
• G Adventures
• Gourmet On Tour Ltd.
• Greaves Travel L.L.C.
• International Culinary Tours
• ITC Travel Group Limited
• The Ftc4Lobe Group
• Topdeck Travel Limited
• Tourradar

Key Market Segmentation:

Breakup by Activity Type:

• Culinary Trials
• Cooking Classes
• Restaurants
• Food Festivals and Events
• Others

Breakup by Tour Type:

• Domestic
• International

Breakup by Age Group:

• Baby Boomers
• Generation X
• Generation Y
• Generation Z

Breakup by Mode of Booking:

• Online Travel Agents
• Traditional Agents
• Direct Booking

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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