Press release
Global Leisure Tourism Agriculture Market to Witness Unprecedented Growth by 2030: Key Trends and Insights | Valuates Reports
Leisure Tourism Agriculture Market SizeThe global Leisure Tourism Agriculture market was valued at US$ 4530.4 million in 2023 and is anticipated to reach US$ 6685.7 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.
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Major Trends in the Leisure Tourism Agriculture Market:
1. Rise of Agri-Experiential Tourism: Travelers increasingly seek hands-on experiences such as farming, harvesting, and learning sustainable agricultural practices, boosting demand for agritourism.
2. Sustainability and Eco-Tourism Integration: The growing focus on eco-friendly and sustainable travel is merging with agritourism, attracting environmentally conscious tourists.
3. Digital Marketing and Online Booking Platforms: The adoption of digital platforms to promote farm stays, rural tourism packages, and direct booking has increased visibility and convenience for travelers.
4. Government Support and Policy Incentives: Many countries are incentivizing leisure tourism agriculture through subsidies, policies, and rural development initiatives.
5. Wellness and Culinary Tourism Intersection: Combining leisure agriculture with wellness retreats and food tourism, such as farm-to-table dining experiences, is becoming a significant trend.
Major Challenges in the Leisure Tourism Agriculture Market:
1. Seasonal Dependency: Agritourism activities are often seasonal, impacting revenue generation during off-peak periods.
2. Limited Infrastructure in Rural Areas: Poor transport and accommodation facilities in remote areas hinder the full potential of agritourism growth.
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By Type
• Direct-Market Agritourism
• Experience and Education Agritourism
• Event and Recreation Agritourism
By Application
• Below 30 Years Old
• 30-40 Years Old
• 40-50 Years Old
• Above 50 Years Old
Key Companies
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
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