Agritourism Market To Regain its Strength With Lockdown Relief In Forecast Period
Advancements in agriculture industry
are driving the growth in Global Agritourism Market in the forecast period,
2022-2026.
According
to TechSci Research report, “Global Agritourism Market - Global Industry Size,
Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Activity
(Outdoor Recreation, Agritainment, Educational Tourism, Accommodations,
Others), By Sales Channel (Direct v/s Indirect), By Region”,
the global agritourism market would potentially project an impressive growth in
the forecast period, 2022-2026, with an impressive CAGR on the account of rapidly
increasing concerns over farmers who fail to generate huge revenues out of crop
cultivations. The climatic changes, degrading soil quality along with the toxic
air & environment is affecting the crop yields and thus affects the regular
incomes of the farmers and cultivators. Agritourism is an advantageous method
to replenish the lack of sufficient income. Moreover, rapidly increasing
inclination of the population toward crop-field based tourism, and educational
tourism in the farms is driving the growth of the global agritourism market in
the upcoming five years. Also, the market players in the industry are actively
collaborating with the farmers and cultivators. These assures the tourism
destinations and complete the respective tour packages that actively influences
the visitors thereby supporting the growth of the global agritourism market in
the next five years.
Although
tourism industry suffered due to pandemic situation as the travelling was
banned and lockdown was observed. But in the past few months of 2021, the
tourism industry is in action again. Promotions of the agricultural fields,
flower plantations, and recreational activities in such farms, are anticipated
to further substantiate the growth of the global agritourism market in the
forecast period, until 2026.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Agritourism Market"
The global agritourism market is segmented on the
basis of activity, sales channel, competitional landscape, and regional
distribution. Based on sales channel, the market is divided between direct and
indirect sales channel. Direct sales channel is anticipated to hold the largest
revenue shares of the market and dominate the market segment on the account of
rapidly increasing market players in the industry. Rapidly increasing
competition for the better provision of extended services, and advancement in
the process of agricultural tourism is aiding the growth of the segment and
thus influencing the growth of the global agritourism market in the upcoming
five years. Indirect sales are also anticipated to hold significant shares of
the market in the next five years on the account of increasing collaborations
among tourism companies and crop cultivators influencing their field growths
and field incomes, thus driving the growth of the global agritourism market.
Based on activity, the market is further bifurcated
into outdoor recreation, agritainment, educational tourism, accommodations, and
others. Educational tourism is also anticipated to hold the significant shares
of the market in the future five years on the account of expanding scopes of
agriculture sector. Government initiatives is also influencing the farmers and
plant growers toward the benefits of various crop, and different methods of agriculture
practices that enhances the crop yields thereby supporting the growth of the
global agritourism market in the forecast period, until 2026.
Liberty Hill Farm, Harvest Travel International,
Farm to Farm International, STAR Destinations, Stita Group, Select Holdiays,
Agritours Canada Inc., Field Farm Tours Limited, Greenmount Travel, Blackberry
Farms, LLC, etc. are some of the major shareholders for global agritourism
market. Market players are actively involved in the research and technological
development in the product developments. The advanced technology has made it
possible for the industry to provide excellent services through agritourism.
Further advancement would aid the market value and brand establishment in the
future five years. New market players may focus on the research and development
to provide options that satisfies the consumer demand as well as benefits the
market players in building their brand value. Other competitive strategies
include mergers & acquisitions and new product developments.
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“Europe is anticipated to emerge as the
most promising regional market in the upcoming five years on the backbone of
increased agrotourism in the countries like United Kingdom, Germany, France,
Italy, Belgium, Croatia, etc. These countries are garnered with presence of
dispersed and small scale agribusiness and farms that are often family owned,
promoting agritourism in the region at increased rate, thereby supporting the
growth of the global agritourism market and creating more prospective
opportunities for the future five years. Asia Pacific is anticipated to
register fastest growing CAGR in the next five years on the account of
dependency of the countries like India, China, Japan etc. majorly over
agriculture sector. Moreover, government initiative in these countries to
support the agriculture sector and agritourism is also aiding the growth of the
global agritourism market. New market players must focus on the behavioral
pattern of the tourist being inclined toward agritourism. Inclination of the
students, and other educational tourism for the agriculture sector would also
aid the growth of the market in the next five years,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based Global management
consulting firm.
“Global Agritourism
Market - Global Industry Size, Share, Trends, Opportunity and Forecast,
2016-2026, Segmented By Activity
(Outdoor Recreation, Agritainment, Educational Tourism, Accommodations,
Others), By Sales Channel (Direct v/s Indirect), By Region”, has evaluated the future
growth potential of global agritourism and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global agritourism market.
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