The article cited AMA's "Global Culinary Tourism Market Study" explored substantial growth of %. According to the report, Introduction of Food Trucks is one of the primary growth factors for the market. Rise in Integrative Culinary and Cultural Events is also expected to contribute significantly to the Culinary Tourism market. Overall, applications of Culinary Tourism, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Mode of Booking, such as Online Travel Agents, is boosting the Culinary Tourism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Activity, such as Culinary Trials, is boosting the Culinary Tourism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Culinary Tourism market identified that the demand is rising in many different parts of the world as "Increasing Number of Local Culinary Programs Presented at Music and Arts Festival". Furthermore, some recent industry insights like "In 2021, G Adventures announced it has expanded its domestic tours for 2022, offering thirteen new options expanding its Classic and 18-to-Thirtysomethings travel styles. Increased demand has led to the tour operator's expansion of its “United States of Adventure” collection, which launched during the pandemic in February 2021. The new tours almost double the collection to offer more cultural and national parks-centric trips." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Culinary Tourism market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Culinary Tourism market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Culinary Tourism market size is calculated using market estimation process, the Culinary Tourism market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Culinary Tourism market size has been validated using both top-down and bottom-up approaches.