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Global Agritourism Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Agritourism Market, By Activity (On-Farm Sales, Outdoor Recreation, Agritainment, Educational Tourism, Accommodation, Others) Sales Channel: Travel Agents, Direct) – Industry Trends and Forecast to 2029

Agritourism Market

Agritourism Market Analysis and Size

People are increasingly finding new and innovative ways to entertain themselves and find peace in their lives, as well as new and different ways to travel to and stay in village areas. Agritourism is one of these new tourism avenues that allows people to experience farm activities, rural lifestyles, and green peace ambiances that are difficult to find in urban areas. Agritourism is gaining popularity among farmers because it not only provides additional income to farmers in addition to farm production activities, but it also improves sustainability. It has enormous potential to provide good business to farmers because it is cost-effective, there is a demand for family-oriented recreation environments, and young minds are becoming more interested in farm activities.

Data Bridge Market Research analyses that the agritourism market was valued at USD 5.73 billion is expected to reach the value of USD 8.21 billion by the year 2029, at a CAGR of 5.30% during the forecast period. The rapid growth in online reservations has led to an expansion in the agritourism market over the next seven years.

Market Definition

Agritourism refers to businesses that combine farm activities and tourism for the purpose of recreation and entertainment. Agritourism is also known as agri-tourism, sustainable agriculture, farm tourism, agrotourism, agricultural tourism, and village tourism. Agritourism activities include agricultural museums and displays, barn dances, biking trails, bird watching, breweries, corn mazes, cut flowers, farm cooking contests, farm stores, and herb walks.

Agritourism Market Size and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Activity (On-Farm Sales, Outdoor Recreation, Agritainment, Educational Tourism, Accommodation, Others), Sales Channel (Travel Agents, Direct)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Liberty Hill Farm (U.S), Blackberry Farm LLC. (U.S), Willow-Witt Ranch (U.S), Monteillet Fromagerie (U.S), The Inn at Valley Farms (U.S), Harvest Fresh Farms (U.S), Wheatacre Hall Barns (U.K), Orange Grove by Totalstay (South Africa), Quadrant Australia (Australia), Select Holidays (Canada), Expedia Inc. (U.S), Booking Holdings Inc. (U.S), China Travel (Beijing), BCD Group (Netherlands), Travel Leaders Group (U.S), Butterfield and Robinson (Canada)

Opportunities

  • Rising incidence of target conditions
  • Rising government support
  • Rising number of CLIA-waived POC tests

Agritourism Market Dynamics

Drivers

  • Increased online bookings and rise of social media

Tourists all over the world regard online booking as a convenient option. Furthermore, the use of social media and the efficient distribution of customer surveys have resulted in an increase in online reservations in the exchange.

Rapid growth in social media tools

Social media tools help to improve client engagement and information. As a result, the increasing popularity of online bookings will fuel the growth of the agritourism market during the forecast period.

  • Regulatory Compliance

Maintaining compliance with medical reforms and regulations raises the demand for these solutions. The increase in the funding by the federal government to drive the adoption of these solutions further influence the market. Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the agritourism market.

Restraints/Challenges

Changing national policies have a significant impact on agritourism initiatives, as tourism interventions help the agriculture sector survive any economic restructuring of a country.

This agritourism market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agritourism market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Agritourism Market

The COVID-19 pandemic has had a negative impact on the agritourism industry. People are being asked to stay at home in order to prevent the corona virus from spreading. Most countries have closed borders, which has a direct impact on agritourism activities. The tourism industry has been severely impacted as a result of the global increase in Corona virus cases. The decrease in corona virus cases and advancements in corona virus vaccination have aided the tourism industry in regaining its position.

Global Agritourism Market Scope

The agritourism market is segmented on the basis of activity and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Activity

  • Research
  • Strategy & concept generation
  • Concept & requirements development
  • Detailed design & process development
  • Design verification
  • Process validation
  • Manufacturing transfer & design validation
  • Production & commercial support

Sales channel

  • Medical device companies
  • Pharmaceutical companies
  • Biotechnology companies
  • Contract research organizations

Agritourism Market Regional Analysis/Insights

The agritourism market is analysed and market size insights and trends are provided by country, activity and sales channel as referenced above.

The countries covered in the agritourism market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the agritourism market because of the province's accelerated expansion of the tourism industry, Asia-Pacifc will estimate the highest percentage of growth in the agritourism market during the forecast period owing to the rising infrastructural development activities.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The agritourism market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for agritourism market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the agritourism market. The data is available for historic period 2010-2020.

Competitive Landscape and Agritourism Market Share Analysis

The agritourism market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agritourism market.

Some of the major players operating in the agritourism market are

  • Liberty Hill Farm (U.S)
  • Blackberry Farm LLC. (U.S)
  • Willow-Witt Ranch (U.S)
  • Monteillet Fromagerie (U.S)
  • The Inn at Valley Farms (U.S)
  • Harvest Fresh Farms (U.S)
  • Wheatacre Hall Barns (U.K) 
  • Orange Grove by Totalstay (South Africa)
  • Quadrant Australia (Australia)
  • Select Holidays (Canada)
  • Expedia Inc. (U.S)
  • Booking Holdings Inc. (U.S)
  • China Travel (Beijing)
  • BCD Group (Netherlands)
  • Travel Leaders Group (U.S)
  • Butterfield and Robinson (Canada)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The agritourism market size will be worth USD 8.21 billion by 2029.
The growth rate of the agritourism market is 5.30% in the forecast period by 2029.
Increased online bookings and the rise of social media, rapid growth in social media tools & regulatory compliance are the growth drivers of the agritourism market.
Activity and sales channels are the factors on which the agritourism market research is based.
Major companies in the agritourism market are Liberty Hill Farm (U.S), and Blackberry Farm LLC. (U.S), Willow-Witt Ranch (U.S), Monteillet Fromagerie (U.S), The Inn at Valley Farms (U.S), Harvest Fresh Farms (U.S), Wheatacre Hall Barns (U.K), Orange Grove by Totalstay (South Africa), Quadrant Australia (Australia), Select Holidays (Canada), Expedia Inc. (U.S), Booking Holdings Inc. (U.S), China Travel (Beijing), BCD Group (Netherlands), Travel Leaders Group (U.S), Butterfield and Robinson (Canada).
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