This Culinary Tourism industry report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The culinary tourism market size has grown rapidly in recent years. It will grow from $800.23 billion in 2023 to $924.8 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth observed during the historic period can be attributed to several factors such as the rise of food-centric television shows, the proliferation of social media content related to food, increased global travel and exploration, the growing popularity of local and sustainable food movements, the expansion of food festivals and events, and a heightened interest in cultural and culinary heritage.
The culinary tourism market size is expected to see rapid growth in the next few years. It will grow to $1.65 trillion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The anticipated growth in the forecast period can be attributed to several factors such as increasing disposable income and travel spending, a growing interest in experiential travel, the rise of personalized and niche culinary tours, a heightened focus on sustainable and ethical food practices, and the expansion of food tourism marketing by destinations. Major trends during this period include a growing interest in street food and local delicacies, the popularity of culinary workshops and cooking classes, the integration of culinary tourism with cultural and historical tours, the rise of plant-based and health-focused food tours, and the emergence of digital nomad-friendly culinary destinations.
The rising number of international travelers is expected to drive the growth of the culinary tourism market. International travelers, who cross national borders for purposes such as tourism, business, or education, are increasing due to improved global connectivity, higher disposable incomes, and a growing interest in diverse experiences. Culinary tourism enhances the experience of international travelers by allowing them to sample local dishes and gain insights into the culture and traditions of their destinations. For example, in February 2024, the International Trade Administration reported that the number of international visitors to the United States is projected to rise to 77.7 million in 2024, marking an increase of 10.4 million, or 15.4%, from the 67.3 million visitors recorded in 2023. This rise in international travel is expected to drive the growth of the culinary tourism market.
Key players in the culinary tourism market are developing programs that feature world-class and unique dining destinations to enhance the tourist experience. These programs provide accurate navigation to culinary destinations, personalized tour recommendations, and real-time information on local dining options. For instance, in November 2023, the West Virginia Department, a US-based government entity, introduced the West Virginia Culinary Trail. This initiative highlights top restaurants selected by the state's chef ambassadors, encouraging visitors to explore local cuisine. Participants can earn foodie prizes by checking in at these recommended eateries. The trail is continuously updated with new recommendations from ambassadors, inviting travelers to experience both the state’s culinary offerings and scenic landscapes.
In October 2021, City Experiences, a US-based travel and tourism company, acquired Devour Tours for an undisclosed amount. This acquisition is aimed at expanding City Experiences' global reach, particularly in Europe and North America. By integrating Devour Tours into its Walks division, City Experiences plans to enhance its food tour offerings, accelerate expansion, and streamline growth processes. Devour Tours, based in Spain, specializes in guided food and drink tour services.
Major companies operating in the culinary tourism market are The Travel Corporation, City Experiences, Abercrombie & Kent USA LLC, Intrepid Travel Pty Ltd, TourRadar GmbH, G Adventures Inc., Viator Inc., Zicasso Inc., Secret Food Tours, Eating Europe Food Tours, Food Tour Corporation, Greaves Travel Ltd, The International Kitchen, Culinary Backstreets, India Food Tour, Classic Journeys LLC, Context Travel, Epicurean Ways LLC, Gourmet on Tour, The FTC4Lobe Group.
Asia-Pacific was the largest region in the culinary tourism market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the culinary tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the culinary tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Culinary tourism involves traveling to different destinations to experience and savor their distinctive food and drink offerings, often through various engaging activities. This type of tourism provides travelers with an immersive experience of the culinary heritage and flavors of their destinations.
Key activities in culinary tourism include culinary trails, cooking classes, dining at restaurants, attending food festivals, and other related experiences. Culinary trails consist of organized routes or itineraries that guide tourists through locations renowned for their unique food offerings. Tourist types vary and include recreational, diversionary, existential, and experimental travelers, spanning different age groups such as baby boomers, Generation X, Generation Y, and Generation Z. Culinary tourism can focus on local, national, or international experiences, and is facilitated through various booking channels including online travel agencies (OTAs), tour operators, and direct travel arrangements.
The culinary tourism market research report is one of a series of new reports that provides culinary tourism market statistics, including culinary tourism industry global market size, regional shares, competitors with a culinary tourism market share, detailed culinary tourism market segments, market trends and opportunities, and any further data you may need to thrive in the culinary tourism industry. This culinary tourism market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The culinary tourism market includes revenues earned by entities by providing services such as wine and brewery tours, culinary workshops, street food tours, and dining experiences. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The culinary tourism market size has grown rapidly in recent years. It will grow from $800.23 billion in 2023 to $924.8 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth observed during the historic period can be attributed to several factors such as the rise of food-centric television shows, the proliferation of social media content related to food, increased global travel and exploration, the growing popularity of local and sustainable food movements, the expansion of food festivals and events, and a heightened interest in cultural and culinary heritage.
The culinary tourism market size is expected to see rapid growth in the next few years. It will grow to $1.65 trillion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The anticipated growth in the forecast period can be attributed to several factors such as increasing disposable income and travel spending, a growing interest in experiential travel, the rise of personalized and niche culinary tours, a heightened focus on sustainable and ethical food practices, and the expansion of food tourism marketing by destinations. Major trends during this period include a growing interest in street food and local delicacies, the popularity of culinary workshops and cooking classes, the integration of culinary tourism with cultural and historical tours, the rise of plant-based and health-focused food tours, and the emergence of digital nomad-friendly culinary destinations.
The rising number of international travelers is expected to drive the growth of the culinary tourism market. International travelers, who cross national borders for purposes such as tourism, business, or education, are increasing due to improved global connectivity, higher disposable incomes, and a growing interest in diverse experiences. Culinary tourism enhances the experience of international travelers by allowing them to sample local dishes and gain insights into the culture and traditions of their destinations. For example, in February 2024, the International Trade Administration reported that the number of international visitors to the United States is projected to rise to 77.7 million in 2024, marking an increase of 10.4 million, or 15.4%, from the 67.3 million visitors recorded in 2023. This rise in international travel is expected to drive the growth of the culinary tourism market.
Key players in the culinary tourism market are developing programs that feature world-class and unique dining destinations to enhance the tourist experience. These programs provide accurate navigation to culinary destinations, personalized tour recommendations, and real-time information on local dining options. For instance, in November 2023, the West Virginia Department, a US-based government entity, introduced the West Virginia Culinary Trail. This initiative highlights top restaurants selected by the state's chef ambassadors, encouraging visitors to explore local cuisine. Participants can earn foodie prizes by checking in at these recommended eateries. The trail is continuously updated with new recommendations from ambassadors, inviting travelers to experience both the state’s culinary offerings and scenic landscapes.
In October 2021, City Experiences, a US-based travel and tourism company, acquired Devour Tours for an undisclosed amount. This acquisition is aimed at expanding City Experiences' global reach, particularly in Europe and North America. By integrating Devour Tours into its Walks division, City Experiences plans to enhance its food tour offerings, accelerate expansion, and streamline growth processes. Devour Tours, based in Spain, specializes in guided food and drink tour services.
Major companies operating in the culinary tourism market are The Travel Corporation, City Experiences, Abercrombie & Kent USA LLC, Intrepid Travel Pty Ltd, TourRadar GmbH, G Adventures Inc., Viator Inc., Zicasso Inc., Secret Food Tours, Eating Europe Food Tours, Food Tour Corporation, Greaves Travel Ltd, The International Kitchen, Culinary Backstreets, India Food Tour, Classic Journeys LLC, Context Travel, Epicurean Ways LLC, Gourmet on Tour, The FTC4Lobe Group.
Asia-Pacific was the largest region in the culinary tourism market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the culinary tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the culinary tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Culinary tourism involves traveling to different destinations to experience and savor their distinctive food and drink offerings, often through various engaging activities. This type of tourism provides travelers with an immersive experience of the culinary heritage and flavors of their destinations.
Key activities in culinary tourism include culinary trails, cooking classes, dining at restaurants, attending food festivals, and other related experiences. Culinary trails consist of organized routes or itineraries that guide tourists through locations renowned for their unique food offerings. Tourist types vary and include recreational, diversionary, existential, and experimental travelers, spanning different age groups such as baby boomers, Generation X, Generation Y, and Generation Z. Culinary tourism can focus on local, national, or international experiences, and is facilitated through various booking channels including online travel agencies (OTAs), tour operators, and direct travel arrangements.
The culinary tourism market research report is one of a series of new reports that provides culinary tourism market statistics, including culinary tourism industry global market size, regional shares, competitors with a culinary tourism market share, detailed culinary tourism market segments, market trends and opportunities, and any further data you may need to thrive in the culinary tourism industry. This culinary tourism market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The culinary tourism market includes revenues earned by entities by providing services such as wine and brewery tours, culinary workshops, street food tours, and dining experiences. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Culinary Tourism Market Characteristics3. Culinary Tourism Market Trends and Strategies32. Global Culinary Tourism Market Competitive Benchmarking33. Global Culinary Tourism Market Competitive Dashboard34. Key Mergers and Acquisitions in The Culinary Tourism Market
4. Culinary Tourism Market - Macro Economic Scenario
5. Global Culinary Tourism Market Size and Growth
6. Culinary Tourism Market Segmentation
7. Culinary Tourism Market Regional and Country Analysis
8. Asia-Pacific Culinary Tourism Market
9. China Culinary Tourism Market
10. India Culinary Tourism Market
11. Japan Culinary Tourism Market
12. Australia Culinary Tourism Market
13. Indonesia Culinary Tourism Market
14. South Korea Culinary Tourism Market
15. Western Europe Culinary Tourism Market
16. UK Culinary Tourism Market
17. Germany Culinary Tourism Market
18. France Culinary Tourism Market
19. Italy Culinary Tourism Market
20. Spain Culinary Tourism Market
21. Eastern Europe Culinary Tourism Market
22. Russia Culinary Tourism Market
23. North America Culinary Tourism Market
24. USA Culinary Tourism Market
25. Canada Culinary Tourism Market
26. South America Culinary Tourism Market
27. Brazil Culinary Tourism Market
28. Middle East Culinary Tourism Market
29. Africa Culinary Tourism Market
30. Culinary Tourism Market Competitive Landscape and Company Profiles
31. Culinary Tourism Market Other Major and Innovative Companies
35. Culinary Tourism Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Culinary Tourism Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on culinary tourism market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for culinary tourism? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The culinary tourism market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Activity: Culinary Trails; Cooking Classes; Restaurants; Food Festivals; Other Activities2) By Tourist Type: Recreational; Diversionary; Existential; Experimental
3) By Age Group: Baby Boomers; Generation X; Generation Y; Generation Z
4) By Geographic Focus: Local Guidance; National Tours; International Tours
5) By Booking Mode: Online Travel Agencies (OTA); Tour Operators; Direct Travel
Key Companies Mentioned: The Travel Corporation; City Experiences; Abercrombie & Kent USA LLC; Intrepid Travel Pty Ltd; TourRadar GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- The Travel Corporation
- City Experiences
- Abercrombie & Kent USA LLC
- Intrepid Travel Pty Ltd
- TourRadar GmbH
- G Adventures Inc.
- Viator Inc.
- Zicasso Inc.
- Secret Food Tours
- Eating Europe Food Tours
- Food Tour Corporation
- Greaves Travel Ltd
- The International Kitchen
- Culinary Backstreets
- India Food Tour
- Classic Journeys LLC
- Context Travel
- Epicurean Ways LLC
- Gourmet on Tour
- The FTC4Lobe Group
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | October 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 924.8 Billion |
Forecasted Market Value ( USD | $ 1650 Billion |
Compound Annual Growth Rate | 15.7% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |