Latest News- Culinary Tourism Market: Food festival is expected to lead the Application segment during 2025-2029

The Culinary Tourism Market is being driven by Growing popularity of food festivals and events

The Culinary Tourism Market is expected to grow at a CAGR of 22.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 253 billion. The burgeoning trend in sustainable and organic culinary tourism is driven by several key factors. Consumers are increasingly conscious of sustainability and seek authentic, unique experiences that align with their values. Sustainable culinary tourism offers an eco-friendly alternative, supporting local ecosystems and reducing carbon emissions. This approach often involves patronizing local farmers, producers, and businesses, contributing to the economic well-being of communities. Moreover, there is a growing demand for organic food options that are free from pesticides, chemicals, and genetically modified organisms (GMOs), further fueling the popularity of sustainable culinary tourism. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing popularity of food festivals and events
• Increase in integrative culinary and cultural events
• Positive influence of digital media on culinary tourism

However, the market also witnesses some limitations, which are as follows:

• Eliteness quotient attached to luxury travels
• Growing threat of terrorism among tourists
• Health and safety concerns

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Market Scope in Culinary Tourism Market Research Report

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Research Analysis Overview

Foodies and consumers seek authentic culinary experiences, driving the growth of culinary tourism. Travel companies offer cooking classes, culinary trails, and vacation encounters at exotic locations. Authentic eating places and indigenous destinations showcase regional cuisines and dishes. Social media and food influencers spread the word, boosting consumer spending. Technology and public-private partnerships enhance the tourism sector through food festivals, culinary-related events, and MasterChef competitions. The food festival segment, including Asian Food Fest, attracts food travellers, expanding the market. World Expeditions and other tour companies cater to this demand, offering immersive experiences in local cuisines and cultures.

Market Research Overview

The global hotels, resorts, and cruise lines industry encompasses businesses involved in the operation of casinos and gaming, hotels, resorts, cruise ships, travel agencies, tour operators, and related services. According to Technavio, industry growth is attributed to the expanding travel and tourism sector, with increasing numbers of consumers, particularly foodies, traveling annually from both emerging and developed economies. Authentic culinary experiences, such as cooking classes and dining at local eating establishments, are key trends driving demand. Social media plays a significant role in promoting these experiences, further fueling market growth. The industry's total revenue is calculated based on the combined earnings of these sectors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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