Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Gastronomy/Food Tourism Market Regional Insight

As per the gastronomy/food tourism industry analysis, the Asia Pacific has emerged as a hotspot for culinary tourism. Countries such as India, China, Thailand, Singapore, and South Korea, boast rich culinary cultures, attracting an increasing number of travellers seeking authentic and unique gastronomical experiences. Moreover, governments in the region are also encouraging food tourism activities as a form of economic development.

 

Europe is also expected to witness a healthy growth in the coming years due to the rising leisure travel and the growing number of food museums, wine trails, food festivals, and producer visits in the region. Food and beverages are also engraved in the cultures of countries such as Italy, France, and Belgium, among others, which is further boosting their appeal as food tourism destinations.

 

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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