Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Gastronomy/Food Tourism Market Size

The global gastronomy/food tourism market value was approximately USD 961.50 billion in 2023. The market is assessed to grow at a CAGR of 17.3% between 2024 and 2032 to attain a value of around USD 4,056.12 billion by 2032.

 

Global Gastronomy/Food Tourism Market Outlook

Food tourism, variously known as gastronomy or culinary tourism, refers to a category of tourism that encompasses experiencing food from different cultures and regions. Food travellers seek destinations that can provide them with a chance to experience local cuisines. Some common food tourism activities are visiting local markets, attending food festivals, joining cooking classes, trying street food, and touring breweries and wineries.

 

  • One of the significant market trends is the growing participation of leisure tourists in unique culinary activities. As travellers are actively seeking authentic experiences for their personal growth, food tourism activities that offer authentic culinary experiences and reflect local culture are gaining popularity.
  • Travellers are also shifting from fine dining establishments to food festivals, street vendors, and food halls to experience authentic regional dishes made with local ingredients.
  • The development of food-focused travel websites and apps such as EatWith, Yelp, and Opentable, among others, that can provide travellers with information about local cuisines, food tourism, and top restaurants, among others, is expected to increase the global gastronomy/food tourism market revenue.
  • Moreover, governments are introducing various initiatives to promote food tourism such as arranging food walks and encouraging participation in cooking classes and culinary trials to enhance their economic development.
  • Sustainability has emerged as a crucial metric in the tourism sector and a point of concern for travellers. Hence, the gastronomy/food tourism demand is being supported by the rising interest of travellers in food sourcing tours to understand the harvesting, transportation, and cooking of local foods as well as the surging inclination towards food establishments using natural and local raw materials.

 

Gastronomy/Food Tourism Market Report Snapshots

Gastronomy/Food Tourism Market Size

Gastronomy/Food Tourism Companies

Gastronomy/Food Tourism Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 961.50 billion.

The gastronomy/food tourism market is expected to grow at a CAGR of 17.3% between 2024 and 2032.

The market for gastronomy/food tourism in Australia is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 4,056.12 billion by 2032.

The major market drivers are the increasing demand for unique culinary experiences among tourists and the introduction of favourable government initiatives aimed at promoting food tourism.

Key trends aiding the market expansion include the increasing innovations offering unique culinary experiences and growing focus on health and wellness.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the significant markets for gastronomy/food tourism.

The significant tourist categories considered in the market report are baby boomers, generation X, generation Y, and generation Z.

Key players in the market are India Food Tour, TourRadar GmbH, The FTC4Lobe Group, Greaves Travel Limited, Butterfield & Robinson Inc., Abercrombie & Kent Ltd., Gourmet on Tour, Essor Ltd. (Secret Food Tours), California Corporation (International Culinary Tours), and Classic Journeys LLC, and others.

The rising disposable income and expansion of the dining establishments support the market for gastronomy/food tourisms.

Seasonal variations, inadequate infrastructure, and ensuring consistent product quality that meet global standards are the key challenges faced by the industry.

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