Culinary Tourism Market Size, Trends and Insights By Activity Type (Culinary Trials, Cooking Classes, Restaurants, Food Festival, Others), By Application (Travel Agency, Ordinary Tourists, Others), By Geographic Focus (Local Guidance, National Tours, International Tours), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI40543

Published Date: February 2024

Pages: 320+

Category: Consumer Goods

Report Snapshot

CAGR: 12.5%
865.1B
2022
973.2B
2023
2809.3B
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Epicurean Ways
  • The International Kitchen
  • Food N’ Wine Vacations
  • Gourmet On Tour
  • Eating Italy Food Tours
  • Others

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Reports Description

As per the current market research conducted by the CMI Team, the global Culinary Tourism Market is expected to record a CAGR of 12.5% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 973.2 Billion. By 2032, the valuation is anticipated to reach USD 2809.3 Billion.

The Culinary Tourism Market involves travel experiences centered around food and beverages, focusing on exploring diverse culinary traditions, regional cuisines, and unique gastronomic offerings. Travelers seek authentic dining experiences, cooking classes, and visits to local markets, aiming to engage with the cultural fabric of a destination through its cuisine.

The market has evolved with trends such as sustainable and locally sourced foods, technological innovations in culinary experiences, and an increased emphasis on health and safety measures. Culinary tourism promotes cultural exchange, offering a dynamic and immersive way for individuals to discover and savor the flavors of different regions globally.

Culinary Tourism Market – Significant Growth Factors

The Culinary Tourism Market presents significant growth opportunities due to several factors:

  • Growing Interest in Authentic Experiences: The increasing desire for authentic travel experiences drives the culinary tourism market. Travelers seek to immerse themselves in local cultures through authentic culinary encounters, leading to rising demand for unique and traditional gastronomic adventures.
  • Social Media Influence: Social media platforms play a pivotal role in promoting food experiences. Influencers and user-generated content contribute to the popularity of culinary destinations, influencing travel decisions and driving interest in diverse and trending cuisines.
  • Rising Health and Wellness Consciousness: The growing focus on health and wellness encourages culinary tourism. Travelers seek nutritious and well-balanced food options, leading to a demand for destinations offering a blend of delicious and health-conscious culinary experiences.
  • Cultural Exchange and Globalization: The globalization of food trends and a desire for cultural exchange contribute to the market’s growth. Culinary tourism enables individuals to explore diverse cuisines, fostering a deeper appreciation for global gastronomic diversity.
  • Innovative Culinary Experiences: The opportunity lies in creating and promoting innovative culinary experiences, such as themed pop-up dinners, fusion cuisine collaborations, and interactive food festivals. Unique and unconventional offerings attract travelers seeking memorable and Instagram-worthy dining adventures.
  • Collaborations with Local Communities: Collaborating with local communities presents an opportunity to enhance the authenticity of culinary tourism. Establishing partnerships with local chefs, farmers, and artisans allows for the development of exclusive and immersive culinary experiences, supporting sustainable practices and contributing to the economic growth of the community.

Culinary Tourism Market – Mergers and Acquisitions

The Culinary Tourism Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Culinary Tourism Market include:

  • In 2023, The World Food Travel Association (WFTA) introduced a sustainable culinary experiences certification program. This initiative aims to recognize and promote food-related activities that prioritize environmental and social responsibility, aligning with the growing demand for sustainable practices within the culinary tourism industry.
  • In 2024, EasyJet will expand its partnership with TUI Musement Tours and Activities, offering customers the option to add experiences to their flight or holiday packages. This collaboration enhances easyJet’s offering, providing travelers with a seamless way to integrate tours and activities into their travel plans.
  • In 2023, The Basque Culinary Center launched “Culinary Action!”—a program dedicated to using culinary experiences for social causes. Focused on integrating individuals from disadvantaged backgrounds, the initiative also emphasizes promoting sustainable cooking practices, contributing to social inclusion and environmentally conscious culinary efforts.
  • In 2023, TUI Group will extend its decade-long partnership with IBS Software, aiming to optimize its airline IT operations platform. This move allows TUI to disrupt existing business models, improve scalability, expedite speed to market, and ultimately enhance the customer experience within the travel and tourism industry.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Culinary Tourism Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Culinary Tourism Market Advanced Apparel Manufacturing Market Matchmaking Market
CAGR 12.5% (Approx) CAGR 8.15% (Approx) CAGR 6.7% (Approx)
USD 2809.3 Billion by 2032 USD 562.6 Billion by 2032 USD 12.9 Billion by 2032

Culinary Tourism Market – Significant Threats

The Culinary Tourism Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Public Health Concerns: Public health crises, such as pandemics or food safety issues, pose significant threats to the culinary tourism market. Health-related concerns can lead to travel restrictions, reduced consumer confidence, and an overall decline in culinary tourism activities.
  • Climate and Environmental Factors: Climate change and environmental challenges can impact the availability and quality of certain ingredients, affecting the culinary offerings of a region. Unpredictable weather patterns, natural disasters, or environmental degradation may threaten the sustainability of local culinary experiences.
  • Cultural Appropriation Controversies: Culinary tourism may face challenges related to cultural appropriation, where the commercialization of traditional cuisines without proper understanding or respect for cultural nuances can lead to controversies and backlash, potentially impacting market reputation.
  • Overcommercialization and Standardization: Overcommercialization and standardization of culinary experiences can diminish their authenticity. If destinations prioritize mass appeal over preserving local traditions, it may lead to a loss of unique culinary identities, reducing the attractiveness of the location for culinary tourists.
  • Economic Downturns and Global Crises: Economic downturns or global crises, such as financial recessions or geopolitical conflicts, can have a substantial impact on travel budgets. Reduced disposable income and uncertainties about the future may result in a decline in overall travel, affecting the demand for culinary tourism experiences.

Global Culinary Tourism Market 2023–2032 (By Application)

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Category-Wise Insights

By Activity Type:

  • Culinary Trails: Culinary trails involve curated journeys exploring local cuisines across multiple destinations. Trends include thematic trails focusing on specific cuisines or ingredients, providing travelers with a comprehensive and immersive culinary experience, promoting regional diversity, and attracting food enthusiasts seeking gastronomic adventures.
  • Cooking Classes: Cooking classes offer hands-on experiences, allowing participants to learn and create dishes under expert guidance. Trends include virtual cooking classes, personalized workshops, and collaborations with local chefs, enhancing culinary skills and fostering a deeper connection to destination cultures.
  • Restaurants: Restaurants are integral to culinary tourism, offering diverse dining experiences. Trends include a focus on farm-to-table concepts, sustainable practices, and innovative menu creations, catering to the increasing demand for unique and locally inspired culinary adventures.
  • Food Festivals: Food festivals bring together diverse cuisines and culinary traditions in one location. Trends include themed festivals, showcasing local specialties, and incorporating interactive elements, creating vibrant culinary atmospheres that attract both locals and tourists seeking diverse and festive gastronomic experiences.
  • Others: The “Others” category encompasses various culinary tourism activities beyond the defined segments. This may include street food tours, vineyard visits, or culinary-focused cultural events. Trends involve innovative and niche experiences, catering to specific interests and evolving consumer preferences within the broader culinary tourism landscape.

Global Culinary Tourism Market 2023–2032 (By Geographic Focus)

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By Application

  • Travel Agency: Culinary tourism for travel agencies involves curating and organizing food-centric travel experiences. Agencies design culinary tours, cooking classes, and gourmet adventures, offering tourists a curated exploration of global cuisines. The trend includes personalized itineraries, exclusive dining events, and collaborations with local chefs for a comprehensive and memorable culinary journey.
  • Ordinary Tourists: Ordinary tourists in culinary tourism represent individuals seeking authentic food experiences during their travels. These tourists explore local cuisines, attend food festivals, and engage in culinary activities, contributing to the market’s growth. Trends include a rising interest in street food, farm-to-table experiences, and food-related cultural immersion.
  • Others: The “others” category in culinary tourism involves diverse segments beyond traditional travel agencies and ordinary tourists. This can include culinary education institutions, event organizers, and specialized food-focused businesses. Trends within this segment encompass the integration of technology, virtual culinary experiences, and collaborations with non-traditional partners to diversify culinary offerings.

By Geographic Focus

  • Local Guidance: Local guidance in culinary tourism focuses on exploring the food culture within a specific locality. This involves guided tours led by locals who provide insights into regional culinary traditions, hidden gems, and local eateries, creating a personalized and immersive experience for visitors.
  • National Tours: National culinary tours span a country’s diverse culinary landscape. These tours explore the richness of national cuisines, highlighting iconic dishes and regional specialties. National culinary tourism emphasizes cultural diversity and unique culinary traditions within a single country.
  • International Tours: International culinary tours involve global exploration of diverse cuisines. Travelers experience the culinary delights of different countries, sampling authentic dishes, attending food festivals, and engaging in cooking classes. International culinary tourism fosters a global appreciation for gastronomic diversity.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 973.2 Billion
Projected Market Size in 2032 USD 2809.3 Billion
Market Size in 2022 USD 865.1 Billion
CAGR Growth Rate 12.5% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Activity Type, Application, Geographic Focus and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Culinary Tourism Market – Regional Analysis

The Culinary Tourism Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: In North America, culinary tourism trends focus on the rise of food trucks and street food culture. Popularity for farm-to-table dining experiences is increasing, reflecting a preference for locally sourced ingredients. Additionally, there’s a surge in culinary festivals celebrating diverse cuisines and promoting sustainable practices.
  • Europe: Europe emphasizes heritage dining experiences, where culinary tourism trends revolve around exploring traditional and historic eateries. Food and wine pairing tours gain traction, highlighting the region’s rich vineyards. The rise of Michelin-starred restaurants and gastronomic events showcases Europe’s commitment to culinary excellence.
  • Asia-Pacific: In the Asia-Pacific, culinary tourism trends include the growing popularity of food markets and night markets, providing a diverse range of street food. Cooking classes and interactive culinary experiences, especially in countries like Thailand and Japan, appeal to travelers seeking hands-on engagement with local cuisines.
  • LAMEA (Latin America, Middle East, and Africa): LAMEA sees trends in culinary tourism centered on the promotion of exotic and indigenous ingredients. There’s a rise in culinary tours exploring local spices, unique cooking techniques, and traditional dishes. Culinary festivals celebrating regional flavors contribute to the region’s appeal to food enthusiasts.

Global Culinary Tourism Market 2023–2032 (By Billion)

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Competitive Landscape – Culinary Tourism Market

The Culinary Tourism Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Epicurean Ways
  • The International Kitchen
  • Food N’ Wine Vacations
  • Gourmet On Tour
  • Eating Italy Food Tours
  • Devour Tours
  • Taste Hungary
  • Local Montreal Food Tours
  • Eating Europe Food Tours
  • Food Tour Pros
  • Secret Food Tours
  • Viator (a TripAdvisor company)
  • Culinary Backstreets
  • Epicurean Travel
  • Culinary Institute of America (CIA)
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

Newcomers like Culinary Explorer and Gourmet Traveller Tours are adopting innovation to enter the culinary tourism market, leveraging technology for seamless bookings and offering unique gastronomic experiences. Dominant players like Devour Tours and Eating Europe Food Tours maintain market dominance through established brand recognition, extensive networks, and continuous innovation.

These key players invest in digital platforms, collaborate with local communities, and introduce thematic culinary experiences, creating a competitive edge. Their ability to adapt to evolving consumer preferences and offer diverse, immersive culinary adventures solidifies their leadership positions in the dynamic culinary tourism landscape.

The Culinary Tourism Market is segmented as follows:

By Activity Type

  • Culinary Trials
  • Cooking Classes
  • Restaurants
  • Food Festival
  • Others

By Application

  • Travel Agency
  • Ordinary Tourists
  • Others

By Geographic Focus

  • Local Guidance
  • National Tours
  • International Tours

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Culinary Tourism Market, (2023 – 2032) (USD Billion)
    • 2.2 Global Culinary Tourism Market: snapshot
  • Chapter 3. Global Culinary Tourism Market – Industry Analysis
    • 3.1 Culinary Tourism Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing Interest in Authentic Experiences
      • 3.2.2 Social Media Influence
      • 3.2.3 Rising Health and Wellness Consciousness
      • 3.2.4 Cultural Exchange and Globalization
      • 3.2.5 Innovative Culinary Experiences
      • 3.2.6 Collaborations with Local Communities.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Activity Type
      • 3.7.2 Market Attractiveness Analysis By Application
      • 3.7.3 Market Attractiveness Analysis By Geographic Focus
  • Chapter 4. Global Culinary Tourism Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Culinary Tourism Market: Company Market Share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Culinary Tourism Market – Activity Type Analysis
    • 5.1 Global Culinary Tourism Market Overview: By Activity Type
      • 5.1.1 Global Culinary Tourism Market Share, By Activity Type, 2022 and 2032
    • 5.2 Culinary Trials
      • 5.2.1 Global Culinary Tourism Market by Culinary Trials, 2023 – 2032 (USD Billion)
    • 5.3 Cooking Classes
      • 5.3.1 Global Culinary Tourism Market by Cooking Classes, 2023 – 2032 (USD Billion)
    • 5.4 Restaurants
      • 5.4.1 Global Culinary Tourism Market by Restaurants, 2023 – 2032 (USD Billion)
    • 5.5 Food Festival
      • 5.5.1 Global Culinary Tourism Market by Food Festival, 2023 – 2032 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Culinary Tourism Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 6. Global Culinary Tourism Market – Application Analysis
    • 6.1 Global Culinary Tourism Market Overview: By Application
      • 6.1.1 Global Culinary Tourism Market Share, By Application, 2022 and 2032
    • 6.2 Travel Agency
      • 6.2.1 Global Culinary Tourism Market by Travel Agency, 2023 – 2032 (USD Billion)
    • 6.3 Ordinary Tourists
      • 6.3.1 Global Culinary Tourism Market by Ordinary Tourists, 2023 – 2032 (USD Billion)
    • 6.4 Others
      • 6.4.1 Global Culinary Tourism Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 7. Global Culinary Tourism Market – Geographic Focus Analysis
    • 7.1 Global Culinary Tourism Market Overview: By Geographic Focus
      • 7.1.1 Global Culinary Tourism Market Share, By Geographic Focus, 2022 and 2032
    • 7.2 Local Guidance
      • 7.2.1 Global Culinary Tourism Market by Local Guidance, 2023 – 2032 (USD Billion)
    • 7.3 National Tours
      • 7.3.1 Global Culinary Tourism Market by National Tours, 2023 – 2032 (USD Billion)
    • 7.4 International Tours
      • 7.4.1 Global Culinary Tourism Market by International Tours, 2023 – 2032 (USD Billion)
  • Chapter 8. Culinary Tourism Market – Regional Analysis
    • 8.1 Global Culinary Tourism Market Regional Overview
    • 8.2 Global Culinary Tourism Market Share, by Region, 2022 & 2032 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Culinary Tourism Market, 2023 – 2032 (USD Billion)
        • 8.3.1.1 North America Culinary Tourism Market, by Country, 2023 – 2032 (USD Billion)
    • 8.4 North America Culinary Tourism Market, by Activity Type, 2023 – 2032
      • 8.4.1 North America Culinary Tourism Market, by Activity Type, 2023 – 2032 (USD Billion)
    • 8.5 North America Culinary Tourism Market, by Application, 2023 – 2032
      • 8.5.1 North America Culinary Tourism Market, by Application, 2023 – 2032 (USD Billion)
    • 8.6 North America Culinary Tourism Market, by Geographic Focus, 2023 – 2032
      • 8.6.1 North America Culinary Tourism Market, by Geographic Focus, 2023 – 2032 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Culinary Tourism Market, 2023 – 2032 (USD Billion)
        • 8.7.1.1 Europe Culinary Tourism Market, by Country, 2023 – 2032 (USD Billion)
    • 8.8 Europe Culinary Tourism Market, by Activity Type, 2023 – 2032
      • 8.8.1 Europe Culinary Tourism Market, by Activity Type, 2023 – 2032 (USD Billion)
    • 8.9 Europe Culinary Tourism Market, by Application, 2023 – 2032
      • 8.9.1 Europe Culinary Tourism Market, by Application, 2023 – 2032 (USD Billion)
    • 8.10 Europe Culinary Tourism Market, by Geographic Focus, 2023 – 2032
      • 8.10.1 Europe Culinary Tourism Market, by Geographic Focus, 2023 – 2032 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Culinary Tourism Market, 2023 – 2032 (USD Billion)
        • 8.11.1.1 Asia Pacific Culinary Tourism Market, by Country, 2023 – 2032 (USD Billion)
    • 8.12 Asia Pacific Culinary Tourism Market, by Activity Type, 2023 – 2032
      • 8.12.1 Asia Pacific Culinary Tourism Market, by Activity Type, 2023 – 2032 (USD Billion)
    • 8.13 Asia Pacific Culinary Tourism Market, by Application, 2023 – 2032
      • 8.13.1 Asia Pacific Culinary Tourism Market, by Application, 2023 – 2032 (USD Billion)
    • 8.14 Asia Pacific Culinary Tourism Market, by Geographic Focus, 2023 – 2032
      • 8.14.1 Asia Pacific Culinary Tourism Market, by Geographic Focus, 2023 – 2032 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Culinary Tourism Market, 2023 – 2032 (USD Billion)
        • 8.15.1.1 Latin America Culinary Tourism Market, by Country, 2023 – 2032 (USD Billion)
    • 8.16 Latin America Culinary Tourism Market, by Activity Type, 2023 – 2032
      • 8.16.1 Latin America Culinary Tourism Market, by Activity Type, 2023 – 2032 (USD Billion)
    • 8.17 Latin America Culinary Tourism Market, by Application, 2023 – 2032
      • 8.17.1 Latin America Culinary Tourism Market, by Application, 2023 – 2032 (USD Billion)
    • 8.18 Latin America Culinary Tourism Market, by Geographic Focus, 2023 – 2032
      • 8.18.1 Latin America Culinary Tourism Market, by Geographic Focus, 2023 – 2032 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Culinary Tourism Market, 2023 – 2032 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Culinary Tourism Market, by Country, 2023 – 2032 (USD Billion)
    • 8.20 The Middle-East and Africa Culinary Tourism Market, by Activity Type, 2023 – 2032
      • 8.20.1 The Middle-East and Africa Culinary Tourism Market, by Activity Type, 2023 – 2032 (USD Billion)
    • 8.21 The Middle-East and Africa Culinary Tourism Market, by Application, 2023 – 2032
      • 8.21.1 The Middle-East and Africa Culinary Tourism Market, by Application, 2023 – 2032 (USD Billion)
    • 8.22 The Middle-East and Africa Culinary Tourism Market, by Geographic Focus, 2023 – 2032
      • 8.22.1 The Middle-East and Africa Culinary Tourism Market, by Geographic Focus, 2023 – 2032 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Epicurean Ways
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 The International Kitchen
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Food N’ Wine Vacations
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Gourmet On Tour
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Eating Italy Food Tours
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Devour Tours
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Taste Hungary
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Local Montreal Food Tours
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Eating Europe Food Tours
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Food Tour Pros
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Secret Food Tours
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Viator (a TripAdvisor company)
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Culinary Backstreets
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Epicurean Travel
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Culinary Institute of America (CIA)
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Others.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
List Of Figures

Figures No 1 to 27

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2032

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2032
  • Market revenue estimates and forecasts up to 2032, by technology
  • Market revenue estimates and forecasts up to 2032, by application
  • Market revenue estimates and forecasts up to 2032, by type
  • Market revenue estimates and forecasts up to 2032, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Epicurean Ways
  • The International Kitchen
  • Food N’ Wine Vacations
  • Gourmet On Tour
  • Eating Italy Food Tours
  • Devour Tours
  • Taste Hungary
  • Local Montreal Food Tours
  • Eating Europe Food Tours
  • Food Tour Pros
  • Secret Food Tours
  • Viator (a TripAdvisor company)
  • Culinary Backstreets
  • Epicurean Travel
  • Culinary Institute of America (CIA)
  • Others

FAQs

The key factors driving the Market are Growing Interest in Authentic Experiences, Social Media Influence, Rising Health and Wellness Consciousness, Cultural Exchange and Globalization, Innovative Culinary Experiences And Collaborations with Local Communities.

The “Culinary Trials” category dominated the market in 2022.

The key players in the market are Epicurean Ways, The International Kitchen, Food N’ Wine Vacations, Gourmet On Tour, Eating Italy Food Tours, Devour Tours, Taste Hungary, Local Montreal Food Tours, Eating Europe Food Tours, Food Tour Pros, Secret Food Tours, Viator (a TripAdvisor company), Culinary Backstreets, Epicurean Travel, Culinary Institute of America (CIA), Others.

“North America” had the largest share in the Culinary Tourism Market.

The global market is projected to grow at a CAGR of 12.5% during the forecast period, 2023-2032.

The Culinary Tourism Market size was valued at USD 973.2 Billion in 2023.

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