Press release
Agritourism Market to Reach $18510 Million by 2030, Driven by a 12.4% CAGR Growth with JTB Corporation, Travel Leaders Group, Expedia Group
Agritourism Market
Agritourism Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Agritourism market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Agritourism market.
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Agritourism or agrotourism, as it is defined most broadly, involves any agriculturally based operation or activity that brings visitors to a farm or ranch. Agritourism has different definitions in different parts of the world, and sometimes refers specifically to farm stays, as in Italy. Elsewhere, agritourism includes a wide variety of activities, including buying produce direct from a farm stand, navigating a corn maze, slopping hogs, picking fruit, feeding animals, or staying at a bed and breakfast (B&B) on a farm.
The market is mainly driven by the significant applications of Agritourism in various end use industries. The expanding demands from the Below 30 Years Old, 30-40 Years Old, 40-50 Years Old and Above 50 Years Old, are propelling Agritourism market. Direct-market Agritourism, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Experience and Education Agritourism segment is estimated at % CAGR for the next seven-year period.
Global Agritourism key players include Expedia Group, Booking Holdings (Priceline Group), Travel Leaders Group, Travel and Transport, JTB Corporation, etc. Global top five manufacturers hold a share over 25%
North America is the largest market, with a share over 30%, followed by Europe and China, both have a share over 40 percent.
In terms of agritourism type, Event and Recreation Agritourism is the largest segment, with a share over 55%. And in terms of traveler, the largest traveler is 40-50 Years Old, followed by Above 50 Years Old.
Top Market Leader Included:
Expedia Group
Booking Holdings (Priceline Group)
China Travel
China CYTS Tours Holding
American Express Global Business Travel (GBT)
BCD Group
Travel Leaders Group
Fareportal
AAA Travel
Corporate Travel Management
Travel and Transport
AlTour International
Direct Travel
World Travel Inc.
Omega World Travel
Frosch
JTB Corporation
Ovation Travel Group
World Travel Holdings
TUI Group
Natural Habitat Adventures
Abercrombie & Kent Group
InnerAsia Travels
Butterfield & Robinson
Detailed of Agritourism Market Segmentation: -
Segmentation By Type :-
Direct-market Agritourism
Experience and Education Agritourism
Event and Recreation Agritourism
Segmentation By Application : -
Below 30 Years Old
30-40 Years Old
40-50 Years Old
Above 50 Years Old
Regional Analysis of Agritourism Market:-
The Agritourism Market provides a diverse geographical landscape, with several areas exhibiting unique market characteristics. While some locations see rapid growth due to factors like economic expansion and technical advancements, other regions may experience slower but more consistent market expansion. Market trends vary greatly throughout regions due to factors including cultural influences, legal frameworks, and population developments. Businesses looking to go global must understand these regional differences and adjust their strategy to take advantage of local opportunities.
→ North America (U.S., Canada, China)
→ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
→ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
→ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)
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Informed Decision-Making: The report provides comprehensive data and insights about the market, helping businesses make informed decisions regarding product development, pricing strategies, and market entry.
Identifying Opportunities: It highlights emerging trends, consumer preferences, and potential gaps in the market, allowing businesses to identify new opportunities for growth and innovation.
Competitive Analysis: The report often includes detailed analysis of competitors, helping businesses understand their strengths and weaknesses, and enabling them to develop strategies to gain a competitive edge.
Risk Mitigation: By understanding market dynamics, businesses can anticipate potential risks and challenges, allowing them to plan accordingly and reduce the likelihood of costly mistakes.
Target Audience Insights: The report offers valuable information about the target audience, including demographics, buying behavior, and preferences. This helps in tailoring marketing and sales strategies to better meet customer needs.
Strategic Planning: Armed with the insights from the report, businesses can create more effective long-term strategies, including expansion plans, product diversification, and market penetration strategies.
Benchmarking: It allows businesses to benchmark their performance against industry standards and competitors, helping them identify areas for improvement and set realistic growth targets.
Resource Allocation: By understanding which areas of the market offer the most potential, businesses can allocate resources more efficiently, focusing on high-growth areas while optimizing costs.
In summary, a Market Research report provides the data-driven insights needed to navigate the complexities of the market, seize opportunities, and make strategic decisions that drive business growth.
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Table of Contents with Major Points:
1. Executive Summary
1.1. Market Analysis
1.2. Global & Segmental Market Estimates & Forecasts, 2024-2030 (USD Billion)
1.2.1. Agritourism Market, by Region, 2024-2030 (USD Billion)
1.2.2. Agritourism Market, by Type, 2024-2030 (USD Billion)
1.2.3. Agritourism Market, by Application, 2024-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
2. Global Agritourism Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
3. Global Market Dynamics
3.1. Agritourism Market Impact Analysis (2024-2030)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
4. Global Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2024-2030)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
5. Global Market, by Type
5.1. Market Analysis
5.2. Global Agritourism Market by Type, Performance - Potential Analysis
5.3. Global Agritourism Market Estimates & Forecasts by Type 2024-2030 (USD Billion)
5.4. Agritourism Market, Sub-Segment Analysis
6. Global Market, by Application
6.1. Market Analysis
6.2. Global Agritourism Market by Application, Performance - Potential Analysis
6.3. Global Agritourism Market Estimates & Forecasts by Application 2024-2030 (USD Billion)
6.4. Agritourism Market, Sub-Segment Analysis
6.4.1. Others
7. Regional Analysis
7.1. Agritourism Market, Regional Market Analysis
7.2. North America Agritourism Market
7.3. Europe Agritourism Market Analysis
7.4. Asia-Pacific Agritourism Market Analysis
7.5. Latin America Agritourism Market Analysis
7.6. Rest of The World Agritourism Market
8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Key player 1
8.2.1.1. Key In Durationation
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
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