Agritourism Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Agritourism Market size is projected to record over 11% CAGR from 2024 to 2032, led by the surge in new offerings and tech innovations.
Of late, new agritourism experiences and services are being introduced to provide visitors with immersive, farm-based activities and educational opportunities. Moreover, technology is amplifying these experiences through virtual tours, interactive applications, and sophisticated booking systems, making agritourism more engaging and accessible. For example, in April 2023, the Global Agritourism Network (GAN) was inaugurated via a Zoom meeting, aiming to unite agritourism stakeholders and bolster global collaboration.
The overall market is segregated into activity, farm, sales channel, visitor, and region.
The educational tourism activity segment is set to drive significant growth in the agritourism market from 2024 to 2032. This surge is fueled by the rising appetite for hands-on learning at farms and agricultural sites. Agritourism operators are curating diverse educational offerings, from farm tours and sustainable practice workshops to interactive agricultural demonstrations. These initiatives are also shedding light on farming techniques, environmental care, and food production.
The livestock farm segment in the agritourism industry is projected to grow at a commendable rate through 2032. This growth is attributed to the rising demand for immersive experiences in animal husbandry and farm life. Livestock farms are rolling out activities like guided tours, hands-on animal feeding, and workshops on livestock care and sustainable farming. Through these engagements, visitors are gaining insights into animal behavior, breeding, and the daily nuances of managing a livestock farm.
Europe agritourism market size is set to experience robust growth from 2024 to 2032, spurred by burgeoning interest in rural tourism. As visitors gravitate towards authentic countryside experiences, activities like farm stays, local food tastings, and agricultural workshops are witnessing a surge. To meet this demand, rural areas are crafting distinctive agritourism offerings, blending traditional farming with contemporary visitor amenities. With rural tourism on the rise, the allure of agritourism in Europe is only set to intensify.
Chapter 1 Methodology and Scope
1.1 Market scope and definition
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates and calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Farm owners
3.2.2 Agritourism operators
3.2.3 Service provider
3.2.4 Distribution channel
3.2.5 End users
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Growing interest in sustainable and local food
3.8.1.2 Increased desire for unique travel experiences
3.8.1.3 Government support for rural economies
3.8.1.4 Diversification of farm income
3.8.2 Industry pitfalls and challenges
3.8.2.1 Regulatory and liability concerns including health and safety
3.8.2.2 Seasonality and weather dependence
3.9 Growth potential analysis
3.10 Porter’s analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Activity, 2021 - 2032 ($Bn)
5.1 Key trends
5.2 On-farm sales
5.3 Recreation and entertainment
5.4 Educational tourism
5.5 Hospitality
5.6 Others
Chapter 6 Market Estimates and Forecast, By Farm, 2021 - 2032 ($Bn)
6.1 Key trends
6.2 Crop farms
6.3 Livestock farms
6.4 Dairy farms
6.5 Wineries and vineyards
6.6 Others
Chapter 7 Market Estimates and Forecast, By Sales Channel, 2021 - 2032 ($Bn)
7.1 Key trends
7.2 Travel agents
7.3 Direct sales
Chapter 8 Market Estimates and Forecast, By Visitor, 2021 - 2032 ($Bn)
8.1 Key trends
8.2 Group traveler
8.3 Individual traveler
Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 ($Bn)