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Gastronomy/Food Tourism Market Trends and Forecast
The future of the gastronomy/food tourism market looks promising with opportunities in food guides, brochures, websites, blogs, events, publicity, and other markets. The global gastronomy/food tourism market is expected to grow with a CAGR of 8% to 10% from 2022 to 2027. The major drivers for this market are increase in the number of food enthusiasts who travel to places to have the gist of regional cuisines, food, or drinks, increase in per capita income, and rise in awareness through various media channels.
Gastronomy/Food Tourism Market by Gastronomic Activity, Marketing Activity, and Tourist Category
Emerging Trends in the Gastronomy/Food Tourism Market
Emerging trends, which have a direct impact on the dynamics of the industry, include art of cooking, tasting, or eating good food, and increase in the internet penetration around the globe.
A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global gastronomy/food tourism market report, please download the report brochure.
Gastronomy/Food Tourism Market by Segments
 Gastronomy/Food Tourism Market by Segment
In this market, millennials are the largest market by tourist category. The study includes a forecast for the global gastronomy/food tourism market by gastronomic activity, marketing activity, tourist category, and region as follows:
 
Gastronomy/Food Tourism Market by Gastronomic Activity [Value ($B) shipment analysis for 2016-2027]:
  • Food Tours
  • Visits to markets and food producers
  • Food fairs
  • Food events
  • Museums
  • Cookery workshops
  • Others
Gastronomy/Food Tourism Market by Marketing Activity [Value ($B) shipment analysis for 2016-2027]:
  • Food guides, Brochures
  • Websites, Blogs
  • Events
  • Publicity
  • Others
Gastronomy/Food Tourism Market by Tourist Category [Value ($B) shipment analysis for 2016-2027]:
  • Millennials
  • Baby Boomers
  • Gen X
  • Gen Z
Gastronomy/Food Tourism Market by Region [Value ($B) shipment analysis for 2016-2027]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Gastronomy/Food Tourism Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gastronomy/food tourism companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gastronomy/food tourism companies profiled in this report include. 
Gastronomy/Food Tourism Market Insights
  • Lucintel forecasts that millennials will remain the largest segment over the forecast period due to the kind of population which is the trend setter in various macro-economic sectors around the global and food sector.
  • APAC will remain the largest region due to the easy accessibility of information on various factors for the customer, active, curious, and adventurous with positive outlook on indulging and experience various regional cuisine and have gist of their respective culture and theme.
Features of the Gastronomy/Food Tourism Market
  • Market Size Estimates: Gastronomy/Food Tourism market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Gastronomy/Food Tourism market size by various segments, such as by gastronomic activity, marketing activity, tourist category and region in terms of value ($B)
  • Regional Analysis: Gastronomy/Food Tourism market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by gastronomic activity, marketing activity, tourist category and regions for the gastronomy/food tourism market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the Gastronomy/Food Tourism market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the gastronomy/food tourism market size?
Answer: The global Gastronomy/Food Tourism market is expected to reach an estimated $XX billion by 2027.
Q2. What is the growth forecast for gastronomy/food tourism market?
Answer: The global gastronomy/food tourism market is expected to grow with a CAGR of 8% to 10% from 2022 to 2027.
Q3. What are the major drivers influencing the growth of the Gastronomy/Food Tourism market?
Answer: The major drivers for this market are increase in the number of food enthusiast dedicated to travel places to have gist of regional cuisines, food, or drinks, increase in per capita income, and rise in awareness through various media channels.
Q4. What are the major segments for gastronomy/food tourism market?
Answer: The future of the gastronomy/food tourism market looks promising with opportunities in food guides, brochures, websites, blogs, events, publicity, and others market.
Q5. What are the emerging trends in gastronomy/food tourism market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include art of cooking, tasting, or eating good food, and increase in the internet penetration around the globe.
Q6. Who is the key gastronomy/food tourism companies?
Answer: Some of the key Gastronomy/Food Tourism companies are as follows:
Q7. Which gastronomy/food tourism segment will be the largest in future?
Answer: Lucintel forecasts that millennials will remain the largest segment over the forecast period due to the kind of population which is the trend setter in various macro-economic sectors around the global and food sector is no less.
Q8. In gastronomy/food tourism market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the easy accessibility of information on various factors for the customer, active, curious, and adventurous with positive outlook on indulging and experience various regional cuisine and have gist of their respective culture and theme.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the gastronomy/food tourism market by gastronomic activity (food tours, visits to markets and food producers, food fairs, food events, museums, cookery workshops, and others), marketing activity (food guides, brochures, websites, blogs, events, publicity, and others), tourist category (millennials, baby boomers, Gen X, and Gen Z) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to gastronomy/food tourism market or related to gastronomy market, gastronomy tourism, gastronomic tourism, gastronomy food, gastronomy/food tourism market share, gastronomy/food tourism analysis, gastronomy/food tourism market size, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
 
2. Global Gastronomy/Food Tourism Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends (2016-2021) and Forecast (2022-2027)
3.2: Global Gastronomy/Food Tourism Market Trends (2016-2021) and Forecast (2022-2027)
3.3: Global Gastronomy/Food Tourism Market by Gastronomic Activity 
3.3.1: Food Tours
3.3.2: Visits to Markets and Food Producers
3.3.3: Food Fairs
3.3.4: Food Events
3.3.5: Museums
3.3.6: Cookery Workshops
3.3.7: Others 
3.4: Global Gastronomy/Food Tourism Market by Marketing Activity
3.4.1: Food Guides
3.4.2: Brochures
3.4.3: Websites
3.4.4: Blogs
3.4.5: Events
3.4.6: Publicity
3.4.7: Others 
3.5: Global Gastronomy/Food Tourism Market by Tourist Category 
3.5.1: Millennials
3.5.2: Baby Boomers
3.5.3: Gen X
3.5.4: Gen Z 
 
4. Market Trends and Forecast Analysis by Region from 2016-227
4.1: Global Gastronomy/Food Tourism Market by Region
4.2: North American Gastronomy/Food Tourism Market 
4.2.1: North American Gastronomy/Food Tourism Market by Gastronomic Activity 
4.2.2: North American Gastronomy/Food Tourism Market by Tourist Category 
4.3: European Gastronomy/Food Tourism Market 
4.3.1: European Gastronomy/Food Tourism Market by Gastronomic Activity 
4.3.2: European Gastronomy/Food Tourism Market by Tourist Category 
4.4: APAC Gastronomy/Food Tourism Market  
4.4.1: APAC Gastronomy/Food Tourism Market by Gastronomic Activity 
4.4.2: APAC Gastronomy/Food Tourism Market by Tourist Category 
4.5: ROW Gastronomy/Food Tourism Market  
4.5.1: ROW Gastronomy/Food Tourism Market by Gastronomic Activity 
4.5.2: ROW Gastronomy/Food Tourism Market by Tourist Category 
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.3: Operational Integration
5.4: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Gastronomy/Food Tourism Market by Gastronomic Activity 
6.1.2: Growth Opportunities for the Global Gastronomy/Food Tourism Market by Marketing Activity 
6.1.3: Growth Opportunities for the Global Gastronomy/Food Tourism Market by Tourist Category 
6.1.4: Growth Opportunities for the Global Gastronomy/Food Tourism Market by Region
6.2: Emerging Trends in the Global Gastronomy/Food Tourism Market  
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Gastronomy/Food Tourism Market  
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Gastronomy/Food Tourism Market  
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Abercrombie & Kent USA
7.2: Classic Journeys
7.3: G Adventures
7.4: Greaves Travel
7.5: India Food Tour
7.6: ITC Travel Group Limited
7.7: The FTC4Lobe Group
7.8: The Travel Corporation
7.9: Topdeck Travel
7.10: Tour Radar 
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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