(MENAFN- PR Newswire) NEW YORK, March 3, 2023 /PRNewswire/ -- The culinary tourism market
is projected to increase at a CAGR of 17.45% during the forecast period – 2022 to 2027 by Technavio data analysts and research experts. This market research report also suggests statistics about the market size that will grow by USD 126.28 billion.
For exclusive market statistics and other relevant market information,
historic (2017 to 2021) and forecast market size (2023
to 2027) -
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![Technavio has announced its latest market research report titled Global Culinary Tourism Market 2023-2027]( "Technavio has announced its latest market research report titled Global Culinary Tourism Market 2023-2027")
Technavio has announced its latest market research report titled Global Culinary Tourism Market 2023-2027
The growing popularity of culinary tourism, growth in integrative culinary and cultural events, and digital media influencing culinary tourism positively are projected as the prominent factors leading to the culinary tourism market share growth.
For more such market analysis updates,
historic (2017 to 2021), and forecast market size (2023
to 2027) -
request for the sample report .
Key Market Driver, Trend, and Challenge
The rising popularity of culinary tourism is considerably driving market growth. Technavio also suggests an emphasis on exploring data for the personalized guest experience will emerge as a primary market trend for growth in the culinary tourism market growth during 2022 to 2027. As an emerging market challenge, growing terrorism threats among tourists worldwide may slow down the market growth as per Technavio's report. For more detailed information on the market dynamics,
historic (2017 to 2021), and forecast market size (2023
to 2027)
get the exclusive sample report .
Key Market Vendors
There are a few key vendors operating in the market, mentioned in the report such as:
G Adventures Lindblad Expeditions Holdings Inc Gourmet On Tour Ltd. Heritage Group India Food Tour Greaves Travel Ltd International Culinary Tours
New Business Opportunities - Market Segments and Key Regions Analysis
As per Technavio's analysis, there are several market segments distribution including a food festival, culinary trails, cooking classes, and others in the digital content market.
Among all these segments, the food festival segment is projected to record the highest market share growth during the forecast period - 2022 to 2027. It first witnessed a gradual growth in the market share of USD 18.35 billion in 2017 and continued to grow significantly by 2021.
Considering the geographical regions for market share growth, Europe is projected at the top of the list. 32% of the total market share growth will be originated from Europe by 2027.
Technavio further suggests a significant growth in culinary tourism, especially among leisure and recreational travelers. Germany, France, and the UK are some of the key destinations for culinary tourism in Europe. Furthermore, the growing number of culinary tourists and the easy access to cruising experiences for luxury travel seekers will be some key factors driving the market growth in Europe during the forecast period - 2022 to 2027.
Major Data Covered in this Culinary Tourism Market Report
Projected CAGR of the market during 2023-2027 Detailed statistical information on the major market drivers of the culinary tourism market during 2023-2027 Market size analysis of the culinary tourism market size and its association with the parent market Relevant predictions about upcoming market trends and detailed consumer behavior analysis Market share growth analysis across North America, APAC, Europe, South America, and the Middle East and Africa Detailed market's competitive landscape and key information about market vendors Comprehensive analysis of various market challenges
What`s New for 2023?
Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial
Related Reports
The cultural tourism market is projected to increase at a CAGR of 20.77% during the forecast period – 2022 to 2027 by Technavio data analysts and research experts. This market research report also suggests the statistics about the market size growth that will grow by USD 6600.71 million. The space tourism market is projected to increase at a CAGR of 14.1% during the forecast period – 2022 to 2027 by Technavio data analysts and research experts. This market research report also suggests the statistics about the market size growth that will grow by USD 6,959.36 million.
Culinary Tourism Market 2023-2027: Key Highlights
CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will assist culinary tourism market
growth during the next five years Estimation of the culinary tourism market
size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the culinary tourism market Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of culinary tourism market vendors
| Culinary Tourism Market Scope |
| Report Coverage | Details |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2027 |
| Growth momentum & CAGR | Accelerate at a CAGR of 17.45% |
| Market growth 2023-2027 | $ 126.28 billion |
| Market structure | Concentrated |
| YoY growth 2022-2023(%) | 16.55 |
| Regional analysis | Europe, North America, APAC, South America, and Middle East and Africa |
| Performing market contribution | Europe at 32% |
| Key countries | US, China, Germany, France,
UK,
Canada, Mexico, Italy, Spain, Japan, Australia,
and South Korea |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | Butterfield and Robinson Inc., G Adventures, Gourmet On Tour Ltd., Greaves Travel Ltd, Heritage Group, India Food Tour, International Culinary Tours, Lindblad Expeditions Holdings Inc, The FTC4Lobe Group, The Travel Corp, Top Deck Tours Ltd, TourRadar GmbH, and ITC Ltd |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
1.1 Market overview Exhibit 01: Executive Summary – Chart on Market Overview Exhibit 02: Executive Summary – Data Table on Market Overview Exhibit 03: Executive Summary – Chart on Global Market Characteristics Exhibit 04: Executive Summary – Chart on Market by Geography Exhibit 05: Executive Summary – Chart on Market Segmentation by Application Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Exhibit 07: Executive Summary – Chart on Incremental Growth Exhibit 08: Executive Summary – Data Table on Incremental Growth Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem Exhibit 10: Parent market Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis Exhibit 13: Market segments
3.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global culinary tourism market 2017 - 2021 Exhibit 18: Historic Market Size – Data Table on Global culinary tourism market 2017 - 2021 ($ billion)
4.2 Application Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
4.3 Type Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments Exhibit 30: Chart on Application - Market share 2022-2027 (%) Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application Exhibit 32: Chart on Comparison by Application Exhibit 33: Data Table on Comparison by Application
6.3 Food festival - Market size and forecast 2022-2027 Exhibit 34: Chart on Food festival - Market size and forecast 2022-2027 ($ billion) Exhibit 35: Data Table on Food festival - Market size and forecast 2022-2027 ($ billion) Exhibit 36: Chart on Food festival - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Food festival - Year-over-year growth 2022-2027 (%)
6.4 Culinary trails - Market size and forecast 2022-2027 Exhibit 38: Chart on Culinary trails - Market size and forecast 2022-2027 ($ billion) Exhibit 39: Data Table on Culinary trails - Market size and forecast 2022-2027 ($ billion) Exhibit 40: Chart on Culinary trails - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Culinary trails - Year-over-year growth 2022-2027 (%)
6.5 Cooking classes - Market size and forecast 2022-2027 Exhibit 42: Chart on Cooking classes - Market size and forecast 2022-2027 ($ billion) Exhibit 43: Data Table on Cooking classes - Market size and forecast 2022-2027 ($ billion) Exhibit 44: Chart on Cooking classes - Year-over-year growth 2022-2027 (%) Exhibit 45: Data Table on Cooking classes - Year-over-year growth 2022-2027 (%)
6.6 Others - Market size and forecast 2022-2027 Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ billion) Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%) Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Application Exhibit 50: Market opportunity by Application ($ billion)
7 Market Segmentation by Product
7.1 Market segments Exhibit 51: Chart on Product - Market share 2022-2027 (%) Exhibit 52: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product Exhibit 53: Chart on Comparison by Product Exhibit 54: Data Table on Comparison by Product
7.3 Domestic - Market size and forecast 2022-2027 Exhibit 55: Chart on Domestic - Market size and forecast 2022-2027 ($ billion) Exhibit 56: Data Table on Domestic - Market size and forecast 2022-2027 ($ billion) Exhibit 57: Chart on Domestic - Year-over-year growth 2022-2027 (%) Exhibit 58: Data Table on Domestic - Year-over-year growth 2022-2027 (%)
7.4 International - Market size and forecast 2022-2027 Exhibit 59: Chart on International - Market size and forecast 2022-2027 ($ billion) Exhibit 60: Data Table on International - Market size and forecast 2022-2027 ($ billion) Exhibit 61: Chart on International - Year-over-year growth 2022-2027 (%) Exhibit 62: Data Table on International - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Product Exhibit 63: Market opportunity by Product ($ billion)
8 Customer Landscape
8.1 Customer landscape overview Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation Exhibit 65: Chart on Market share by geography 2022-2027 (%) Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison Exhibit 67: Chart on Geographic comparison Exhibit 68: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027 Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion) Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027 Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion) Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027 Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ billion) Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027 Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion) Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion) Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027 Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ billion) Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ billion) Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027 Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ billion) Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ billion) Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027 Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion) Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027 Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ billion) Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ billion) Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%) Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027 Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ billion) Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ billion) Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%) Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography Exhibit 109: Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
10.3 Impact of drivers and challenges Exhibit 110: Impact of drivers and challenges in 2022 and 2027
11 Vendor Landscape
11.2 Vendor landscape Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption Exhibit 112: Overview on factors of disruption
11.4 Industry risks Exhibit 113: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered Exhibit 114: Vendors covered
12.2 Market positioning of vendors Exhibit 115: Matrix on vendor position and classification
12.3 Butterfield and Robinson Inc. Exhibit 116: Butterfield and Robinson Inc. - Overview Exhibit 117: Butterfield and Robinson Inc. - Product / Service Exhibit 118: Butterfield and Robinson Inc. - Key offerings
12.4 G Adventures Exhibit 119: G Adventures - Overview Exhibit 120: G Adventures - Product / Service Exhibit 121: G Adventures - Key offerings
12.5 Gourmet On Tour Ltd. Exhibit 122: Gourmet On Tour Ltd. - Overview Exhibit 123: Gourmet On Tour Ltd. - Product / Service Exhibit 124: Gourmet On Tour Ltd. - Key offerings
12.6 Greaves Travel Ltd Exhibit 125: Greaves Travel Ltd - Overview Exhibit 126: Greaves Travel Ltd - Product / Service Exhibit 127: Greaves Travel Ltd - Key offerings
12.7 Heritage Group Exhibit 128: Heritage Group - Overview Exhibit 129: Heritage Group - Product / Service Exhibit 130: Heritage Group - Key offerings
12.8 India Food Tour Exhibit 131: India Food Tour - Overview Exhibit 132: India Food Tour - Product / Service Exhibit 133: India Food Tour - Key offerings
12.9 International Culinary Tours Exhibit 134: International Culinary Tours - Overview Exhibit 135: International Culinary Tours - Product / Service Exhibit 136: International Culinary Tours - Key offerings
12.10 ITC Ltd Exhibit 137: ITC Ltd - Overview Exhibit 138: ITC Ltd - Business segments Exhibit 139: ITC Ltd - Key offerings Exhibit 140: ITC Ltd - Segment focus
12.11 Lindblad Expeditions Holdings Inc Exhibit 141: Lindblad Expeditions Holdings Inc - Overview Exhibit 142: Lindblad Expeditions Holdings Inc - Business segments Exhibit 143: Lindblad Expeditions Holdings Inc - Key offerings Exhibit 144: Lindblad Expeditions Holdings Inc - Segment focus
12.12 The FTC4Lobe Group Exhibit 145: The FTC4Lobe Group - Overview Exhibit 146: The FTC4Lobe Group - Product / Service Exhibit 147: The FTC4Lobe Group - Key offerings
12.13 The Travel Corp Exhibit 148: The Travel Corp - Overview Exhibit 149: The Travel Corp - Product / Service Exhibit 150: The Travel Corp - Key offerings
12.14 Top Deck Tours Ltd Exhibit 151: Top Deck Tours Ltd - Overview Exhibit 152: Top Deck Tours Ltd - Product / Service Exhibit 153: Top Deck Tours Ltd - Key offerings
12.15 TourRadar GmbH Exhibit 154: TourRadar GmbH - Overview Exhibit 155: TourRadar GmbH - Product / Service Exhibit 156: TourRadar GmbH - Key offerings
13 Appendix
13.2 Inclusions and exclusions checklist Exhibit 157: Inclusions checklist Exhibit 158: Exclusions checklist
13.3 Currency conversion rates for US$ Exhibit 159: Currency conversion rates for US$
13.4 Research methodology Exhibit 160: Research methodology Exhibit 161: Validation techniques employed for market sizing Exhibit 162: Information sources
13.5 List of abbreviations Exhibit 163: List of abbreviations
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