Culinary Tourism Market to Grow by $ 31.42 bn in 2021|Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast 2025| Technavio
NEW YORK, April 22, 2021 /PRNewswire/ --
Technavio has been monitoring the culinary tourism market and it is poised to grow by $ 31.42 bn during 2021-2025, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Frequently Asked Questions:
What are the major trends in the market?
The introduction of food trucks is a major trend driving the growth of the market.At what rate is the market projected to grow?
The market will accelerate at a CAGR of almost 7% and the incremental growth of the market is anticipated to be $ 31.42 bn.Who are the top players in the market?
Abercrombie & Kent USA LLC, Butterfield & Robinson Inc., Classic Journeys, G Adventures, Gourmet On Tour Ltd., Greaves Travel Ltd., International Culinary Tours, ITC Travel Group Ltd., The Travel Corp., and Topdeck Travel Ltd., are some of the major market participants.What is the key market driver?
The increase in integrative culinary and cultural events is one of the major factors driving the market.How big is the Europe market?
The Europe region will contribute to 31% of the market share.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abercrombie & Kent USA LLC, Butterfield & Robinson Inc., Classic Journeys, G Adventures, Gourmet On Tour Ltd., Greaves Travel Ltd., International Culinary Tours, ITC Travel Group Ltd., The Travel Corp., and Topdeck Travel Ltd. are some of the major market participants. The increase in integrative culinary and cultural events will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this culinary tourism market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Culinary Tourism Market 2021-2025: Segmentation
Culinary Tourism Market is segmented as below:
Type
Geography
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Culinary Tourism Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The culinary tourism market report covers the following areas:
Culinary Tourism Market Size
Culinary Tourism Market Trends
Culinary Tourism Market Industry Analysis
This study identifies the introduction of food trucks as one of the prime reasons driving the culinary tourism market growth during the next few years.
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Culinary Tourism Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
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 across Europe, North America, APAC, South America, and MEA
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
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Type
Market segments
Comparison by Type
Domestic - Market size and forecast 2020-2025
International - Market size and forecast 2020-2025
Impact of COVID-19 on type segments of market and recovery from pandemic
Market opportunity by Type
Customer landscape
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Abercrombie & Kent USA LLC
Butterfield & Robinson Inc.
Classic Journeys
G Adventures
Gourmet On Tour Ltd.
Greaves Travel Ltd.
International Culinary Tours
ITC Travel Group Ltd.
The Travel Corp.
Topdeck Travel Ltd.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Link: https://www.technavio.com/report/culinary-tourism-market-industry-analysis
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