The agritourism market comprises activities conducted on agricultural lands and farms for recreational and educational purposes. Some key components of agritourism include visiting orchards, fur farms, pumpkin patches, barn tours, and corn mazes among others. It allows visitors to learn about farming practices and interaction with animals while enjoying activities such as hiking, dining, and outdoor recreation. The growth of agritourism provides supplementary income to farmers and landowners while promoting agricultural education.
The global agritourism market is estimated to be valued at US$ 8.23 Bn in 2024 and is expected to exhibit a CAGR of 11 % over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Agritourism Market Demand are Field Farm Tours Limited, Farm to Farm Tours, Bay Farm Tours., Star Destinations, Expedia, Inc., Select Holidays, Green mount Travel., Blackberry Farm, LLC., GTI Travel, Kansas Tourism, Trump Tours Inc., Tour De Farm, Kisan Eco Farm and Farm Stay, Liberty Hill Farm, Harvest Travel International, Farm to Farm International, STAR Destinations, Stita Group, Select Holidays, and Agritours Canada Inc. The major players are focusing on expansion strategies and product innovation to meet the growing demand for unique agricultural experiences.
The demand for agritourism is increasing rapidly driven by people's desire to disconnect from urban lifestyle and spend quality time in natural settings. Farm visits, outdoor recreation activities and educational tours are becoming increasingly popular among families and corporate groups. Social media is also fueling interest in agricultural activities by exposing people to new experiences on farms and rural areas.
The global agritourism industry is expanding at a swift pace with many countries promoting domestic and inbound farm tourism. Nations in Europe and North America have well established agritourism sectors while developing countries in Asia Pacific and Latin America are witnessing strong growth. Stakeholders are exploring international partnerships and mergers to capitalize on the opportunities presented by growing cross-border travel.
Market Drivers
The agritourism market growth is primarily driven by increasing demand for unique recreational experiences. Traditional off-season farming activities are being converted into all season sustainable tourism operations. Farmers are recognizing agritourism as a means to diversify income sources and promote agricultural education. Moreover, the health and wellness trend has boosted interest in rural retreats featuring activities like barn yoga, farm-to-table meals and hiking/cycling trails. The industry is expected to grow further on the back of these drivers.
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