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Culinary Tourism Market

The Global Culinary Tourism Market size was worth US$ 1.136 billion in 2021 and is anticipated to have a value of US$ 1,796.5 billion by 2027 and to reach the register a CAGR of 17.5% during the forecast period 2022-2027.

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Culinary Tourism Market

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  1. Culinary Tourism Market toreach US$ 1,796.5 billion by the year 2027 The Global Culinary Tourism Market size was worth US$ 1.136 billion in 2021 and is anticipated to have the value of US$ 1,796.5 billion by 2027 and to reach the register a CAGR of 17.5% during the forecast period 2022-2027. The desire for an exceptional dining and drinking experience is referred to as culinary tourism. Travelers can explore regional cuisines on this excursion. It links tourists with regional cuisine and drinks. Heritage and cultural tourism are closely tied to culinary tourism. Due to an increase in interest in local food culture rather than gourmet food, travellers find culinary tourism to be the most alluring. Local food allows visitors to have a direct and genuine relationship with their location. Through food and drink, they get a sense of the local culture, heritage, and people. Additionally, a destination's local food culture helped it develop a reputation around the world, attracting tourists interested in culinary tourism. Browse Report@ https://www.marketdataforecast.com/market-reports/culinary-tourism-market Market Drivers: The surge in the number of travellers choosing unusual and exotic vacation spots to escape their busy everyday lives and gain worthwhile experiences might be ascribed to the culinary tourism market's highest share during 2022-2027. Most people choose their travel destination based on private, quiet, peaceful, and exotic regions with strong food culture. Travelers have chosen as their top preferences regions with a wide choice of tasty foods and beverages. Affluent visitors are also more attracted to places that are culturally and historically fascinating, as interest in learning about and understanding the local culture grows. Market Segmentation: Global Culinary Tourism Market - By Type: Culinary trials, Restaurants, Cooking classes, Food festivals, and Others. The sector responsible for the biggest share and most prominences in the global culinary tourism market was the food festival segment, and it is anticipated that this trend would remain for the entire forecast year. Global Culinary Tourism Market - By Mode of Booking: Traditional agents, OTA, and Direct travel. The OTA segment, which was the most significant segment in 2019 based on the mode of booking, is anticipated to increase at the highest CAGR of 17.9% throughout the forecast period. This can be attributed to the increasing use of smartphones for booking travel. Additionally, this method of booking is quite practical, and the agencies frequently give incentives to customers who choose this method.

  2. Click the link to get a Sample Copy of the Report: https://www.marketdataforecast.com/market-reports/culinary-tourism-market/request- sample Market Regional Analysis: •North America •Europe •Asia Pacific •Latin America •Middle East & Africa During the forecast period, Asia Pacific is anticipated to develop at the fastest CAGR. The demand for culinary tourism is anticipated to rise as per capita income rises and lifestyles change. The rising number of events that combine cuisine and culture is one of the things that is fuelling the expansion of culinary tourism in the United States. It is anticipated that the increasing number of regional cuisine programs being offered at music and arts festivals would open up the profit potential for foodservice suppliers in the American market. Over the projected time, this is anticipated to encourage the market for culinary tourism to increase. The market for culinary tourism in Europe is expected to expand at a significant CAGR as a result of rising concerns about the sustainability of German vacations. Through the use of sustainable food, food tourism reflects sustainability issues. ABOUT US: Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs. Contact Us: Market Data Forecast Website: https://www.marketdataforecast.com Phone: +1-888-702-9626 Email: contact@marketdataforecast.com

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