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Culinary Tourism Market Savor US$ 41.7 Billion by 2030, Fueled by Cultural Cravings and Experiential Travel, Reports RationalStat

12-15-2023 05:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: RationalStat LLC

Culinary Tourism Market Savor US$ 41.7 Billion by 2030, Fueled

The global culinary tourism market is projected to reach US$ 41.7 billion by 2030, at a CAGR of 16.8%.

Global Culinary Tourism Market size is valued at US$ 14.1 billion in 2023 and is predicted to rise at a substantial CAGR of 16.8% during the forecast period of 2023 and 2030 according to RationalStat analysis.

Market Definition, Market Scope, and Report Overview

Culinary tourism refers to the act of traveling to different destinations to experience the local cuisine and culinary traditions. It has gained significant popularity in recent years as people seek unique and immersive travel experiences centered around food. Several drivers contribute to the growth and appeal of culinary tourism.

Culinary tourism provides an opportunity to explore the cultural heritage of a destination through its food. Travelers are increasingly interested in experiencing authentic flavors, traditional cooking techniques, and local ingredients that reflect the cultural identity of a place.

Further, the rise of foodie culture, fueled by cooking shows, food blogs, and social media, has created a generation of travelers who are passionate about food. Food enthusiasts are willing to travel to renowned culinary destinations to taste regional specialties, innovative dishes, and unique food experiences.
Moreover, many travelers are increasingly conscious about their health and well-being, and culinary tourism provides an avenue to explore healthier food options. People are interested in trying farm-to-table experiences, organic and sustainable dining, and learning about nutritionally balanced cuisines.

• According to a deep-dive market assessment by RationalStat, the culinary tourism market has been analyzed on the basis of market segments, including type, age group, tour type, booking, application, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the culinary tourism market covers market sizes based on market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the culinary tourism market. It also includes the industry's current state - Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Request A Customization- https://store.rationalstat.com/store/global-culinary-tourism-market/#tab-ux_global_tab

Global Culinary Tourism Market: Segmental and Market Share Analysis

• On the basis of the type, the food festival segment is anticipated to hold to major market share owing to the rising affinity of tourists in exotic cuisines and drinks.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 14.1 billion
Market Size Forecast US$ 41.7 billion
Growth Rate 16.8%
Dominant Segment Food Festival Segment
Leading Region Asia Pacific

Key Market Drivers

• Increase in the number of travelers
• Rising adoption of social media trends
• Increasing demand for regional food & beverages
• Creating social and cultural awareness

Companies Profiled
• Classic Journeys, LLC
• India Food Tour
• Abercrombie & Kent USA, LLC
• TourRadar Gmbh
• Greaves Travel Ltd
• ITC Travel Group Ltd
• G Adventures
• Topdeck Travel [Flight Centre (UK) Limited)]
• The Travel Corporation
• Food Tour Corporation

Explore more about this report- https://store.rationalstat.com/store/global-culinary-tourism-market/#tab-ux_global_tab

Competition Analysis and Market Structure

Some of the prominent players and suppliers operating and contributing significantly to the probiotics supplement market growth include Classic Journeys, LLC, India Food Tour, Abercrombie & Kent USA, LLC, TourRadar Gmbh, Greaves Travel Ltd, ITC Travel Group Ltd, G Adventures, Topdeck Travel [Flight Centre (UK) Limited)], The Travel Corporation, and Food Tour Corporation, among others.

Get A Free Sample- https://store.rationalstat.com/store/global-culinary-tourism-market/#tab-ux_global_tab

RationalStat has segmented the culinary tourism market based on type, age group, tour type, booking, application, and region
• Global Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
o Culinary Trials
o Cooking Classes
o Restaurants
o Food Festivals and Events
o Others
• Global Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Age Group
o Baby Boomers
o Generation X
o Generation Y
o Generation Z
• Global Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Tour Type
o Domestic
o International
• Global Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Booking
o Online
o Offline
• Global Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
o Individual Tourism
o Group Tourism
• Global Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
o North America Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Culinary Tourism Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

For more information about this report- https://store.rationalstat.com/store/global-culinary-tourism-market/

Key Questions Answered in the Culinary Tourism Report:
• What will be the market value of the culinary tourism market by 2030?
• What is the market size of the culinary tourism market?
• What are the market drivers of the culinary tourism market?
• What are the key trends in the culinary tourism market?
• Which is the leading region in the culinary tourism market?
• What are the major companies operating in the culinary tourism market?
• What are the market shares by key segments in the culinary tourism market?

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoints to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Download Key Insights and Market Data - Raise a Query
https://store.rationalstat.com/store/global-culinary-tourism-market/#tab-ux_global_tab

RationalStat LLC
Kimberly Shaw,
Content and Press Manager
sales@rationalstat.com
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
LinkedIn | Facebook | Twitter | Instagram | Pinterest

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

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