Agritourism Market Size May See A Big Move | Bay Farm Tours, Blackberry Farm, LLC, Farm To Farm Tours

The agritourism market size was valued at $42,460.3 million in 2019, and is estimated to reach $62,982.6 million by 2027, registering a CAGR of 13.4% from 2021 to 2027. Agritourism activities are becoming vital component of many farm operations. These activities find great potential to increase the revenue of the farmers without hampering the existing farm revenue. Most of the agriculturist are adopting the Agritourism as agriculture allied business and increasing practicing and developing the Agritourism activities to have side business along with farm production. Many small and medium farmers are considering Agritourism as a great opportunity to increase the farm revenue.

Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=AMR1514

This is attributed to a low-investment, low-risk strategy as farms mainly made use of their existing resources. There are various activities involved in Agritourism, which attract tourist, activities such as farm food, slow dining, sorghum milling, wineries, straw bale maze, plant a garden, rural music events and rural customs and traditional shows. Owing to rapid expansion of the urban area, people are increasingly trapping in the cement world and getting rid of busy lifestyle, hectic time schedule so people are increasing searching short term vacations in between their regular life. Agritourism is one of such option, where people can spend days and involve in the farm activities and can have entertainment on the farm. Agriculturist are actively exploring their farm activities and looking for adjacent source of income, for this Agritourism is optimal option, which requires farm landscape and other existing elements. Growth in financial support from government and rise in demand for farm stay, local food, and rural lifestyle experience are increasingly adding to the growth of the Agritourism market.

Increasing curiosity of the rural life style, farm activities, and farming technology in young generation is further creating demand for educational Agritourism. Many agriculture and non-agriculture universities are offering additional course for students, where they study and experience the rural agriculture working experience and, in some universities, it is compulsory subject to opt for. Agritourism center can be good option for school tours and family vacation as it is economically viable. However, lack of awareness regarding the emerging concept of Agritourism and proper electrification in rural areas are considerably expected to hinder the growth of the agritourism market during the forecast period. Furthermore, lack of proper guidance and knowledge about how to commercialize the Agritourism further hamper the growth of the global market.

The report segments the global agritourism market into activity, sales channel, and region. By activity, it is categorized into on-farm sales, outdoor recreation, agritainment, educational tourism, accommodations, and others. Depending on sales channel, it is fragmented into travel agent and direct. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, Africa)

Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=AMR1514

KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global agritourism market, with current and future trends to elucidate the imminent investment pockets in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis from 2019 to 2027 is provided to showcase the financial competency of the market.
- Porter's five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights business practices followed by leading market players across various regions.

The major players operating in the market 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, and Stita Group.

KEY MARKET SEGMENTS
- By Activity
o On-farm Sales
o Outdoor Recreation
o Agritainment
o Educational Tourism
o Accommodations
o Others

- By Sales Channel
o Travel Agents
o Direct

Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=AMR1514

- By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? UK
? France
? Russia
? Italy
? Spain
? Rest of Europe

o Asia-Pacific
? China
? Japan
? Australia
? India
? South Korea
? Rest of Asia-Pacific
o LAMEA
? Latin America
? Middle East
? Africa

Request full Report :- https://reportocean.com/industry-verticals/sample-request?report_id=AMR1514

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website: https://www.reportocean.com

This release was published on openPR.