Market Highlights: Food plays a major role in the travel plans of holidaymakers. They like to experience local culture through its authentic cuisine. Interaction with locals adds an authentic touch to culinary experiences. Travelers like to combine food tourism with other activities, like adventurous excursions. Food safety is important, as well as sustainability. The Internet is the main influencer. However, specialized tour operators continue to be a popular booking channel. Food tourism can play a significant role in preserving local heritage while building on existing tourism assets and driving innovation. By increasing visitor demand for local food and drink, food tourism contributes to the long-term sustainability of local agriculture, food systems, communities, and culture. The market study is being classified by Type (Domestic Tourism and International Tourism), by Application (Individual Tourism and Group Tourism) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Food Tourism are Classic Journeys (United States), Abercrombie & Kent (United States), ITC Travel Group (United Kingdom), G Adventures (Canada), TU Elite (United Kingdom), Greaves Travel (United States), India Food Tour (United Kingdom), The FTC4Lobe Group (United States), The Travel Corporation (United Kingdom) and Topdeck Travel (United Kingdom).
Key Questions Answered in the Report What will the Food Tourism Market size and the growth rate be in Future? What are the key factors driving the Food Tourism Market? What are the key market trends and macro-economic impacting the growth of the Food Tourism Market? What are the challenges to market growth? Who are the key vendors in the Food Tourism Market? What are the market opportunities and threats faced by the vendors in the Food Tourism Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Food Tourism Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food Tourism market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Food Tourism market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Food Tourism Service Providers, Government Regulatory and Research Organizations and End-Use Industries. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.