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Agritourism Market Size, Share, Competitive Landscape and Trend Analysis Report by Sales Channel, by ACTIVITY : Global Opportunity Analysis and Industry Forecast, 2024-2032

Agritourism Market Size, Share, Competitive Landscape and Trend Analysis Report...

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Agritourism Market Size, Share, Competitive Landscape and Trend Analysis Report by Sales Channel, by ACTIVITY : Global Opportunity Analysis and Industry Forecast, 2024-2032
Agritourism Market Size, Share, Competitive...
Report Code
RO5/128/1115

Publish Date
30/Apr/2024

Pages
200
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The global agritourism market revenue was around US$ 33 billion in 2023 and is estimated to reach US$ 107.9 billion in 2032, growing at a compound annual growth rate (CAGR) of 12.5% during the forecast period from 2024 to 2032.
Agritourism industry is also called agritourism, agricultural tourism, village tourism, farm tourism, and sustainable agriculture. It is the industry that combines agricultural activities with tourism to make learning as well as recreation for people. The activities included in agritourism are agricultural museums and displays, farm cooking contests, farm stores, herb walks barn dances, biking trails, bird watching, breweries, corn mazes, and cut flowers.

Factors Influencing Market Growth
- Due to the shift in farmers' behavior and rise in inclination towards entrepreneurship around the world, there is an expected growth in the agritourism market.
- With the growing trend of taking a healthy and relaxing holiday around the world, people are now developing an interest in seeing lush green farms, riding a bullock cart, milking a cow, driving a tractor, and other village activities. This will contribute to accelerating the market growth of agritourism.
- The increasing popularity of farm tourism among urban families, the corporate world, and children will propel the agritourism market to grow throughout the forecast period. Young minds nowadays are more curious about rural and farm activities.
- Unpredictable climate changes and environmental degradation are some of the few possible risks that can hamper the growth of the agritourism industry.
Impact of COVID-19
The COVID-19 outbreak adversely affected the agritourism market. People were restricted to staying at their homes to stop the spread of COVID-19. In most countries, this directly affects agritourism activities. The entire tourism sector was severely affected during the COVID-19. However, after the development of the COVID-19 vaccination, the agritourism industry regained its position.
Regional Insights
North America is dominating the agritourism market currently and is expected to sustain its dominance throughout the forecast period. The key factor for this dominance is that the farmers in this region are finding adjacent businesses and additional revenue along with their regular farm activities. Also, farmers in the U.S. are opening their farms and agro-based companies for visitors to show them how they produce farm products. They invite people to take actual experience on the farm. Thus, these factors are driving the market growth.
Leading Competitors
The leading competitors in the global agritourism market are
- Farm to Farm Tours
- Blackberry Farm, LLC.
- GTI Travel
- Kansas Tourism
- Trump Tours Inc.
- Bay Farm Tours.
- Star Destinations
- Expedia, Inc.
- Select Holidays
- Green mount Travel
- Other Prominent Players

Segmentation Analysis
The global agritourism market segmentation focuses on Activity, Sales Channel, and Region.
Segmentation based on Activity
- On-farm sales
- Outdoor recreation
- Agritainment
- Educational Tourism
- Accommodations
- Others
Segmentation based on Sales Channel
- Travel agents
- Direct
Segmentation based on Region
- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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