Gastronomy/Food Tourism Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0196610
  • Format: Electronic (PDF)
  • Number of Pages: 189
  • Author(s): Joshi, Madhavi

Report Overview

The Gastronomy/Food Tourism Market size was estimated at USD 850 billion in 2023 and is projected to reach USD 1200 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.80% during the forecast period (2024-2030).

Gastronomy/Food Tourism Market

(Market Size)
$850 billion
$1200 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 4.80%
2023 Market Size USD 850 billion
2030 Market Size USD 1200 billion
Key Players Expedia Group, Booking Holdings, Airbnb, TripAdvisor, TUI Group

Market Summary

The gastronomy and food tourism market represents a specialized segment of the travel and food and beverage industries, focusing on culinary experiences as a primary travel motivation. This market encompasses a wide range of activities, from visiting local food producers and markets to participating in cooking classes and dining at renowned restaurants. The core concept is the exploration of a destination through its food and drink culture, which is deeply intertwined with local heritage and traditions. Travelers are increasingly seeking authentic and immersive experiences that connect them to the places they visit, making gastronomy a powerful driver of tourism. This trend has led to the development of dedicated food tours, culinary festivals, and partnerships between tourism boards and local food artisans. The market's growth is supported by the rise of social media, which allows travelers to share their culinary discoveries and inspires others. For businesses, this presents opportunities to cater to a discerning clientele that values quality, authenticity, and unique storytelling around food. The market is dynamic, with continuous innovation in tour offerings and experiences to meet evolving consumer demands.

Key Highlights

The gastronomy and food tourism market is characterized by several key highlights that define its current landscape. A significant trend is the demand for hyper-local and authentic experiences, where tourists want to go beyond standard restaurant visits and engage directly with food producers, such as farmers, fishermen, and cheesemakers. Sustainability and ethical sourcing have become paramount, with travelers showing increased interest in organic farms, zero-waste dining, and support for local communities. Another highlight is the integration of technology, with mobile apps and online platforms facilitating the discovery and booking of culinary experiences, from street food tours to exclusive chef's table dinners. The market also benefits from strong public and private sector collaboration, with national and regional tourism boards actively promoting their culinary heritage as a key attraction. Furthermore, the segment has shown resilience and adaptability, with operators developing virtual cooking classes and local food box deliveries during periods of travel restriction, demonstrating the enduring appeal of culinary exploration.

Drivers, Opportunities & Restraints

The growth of the gastronomy and food tourism market is propelled by several key drivers. The rising consumer interest in experiential travel is a primary force, as modern travelers seek more meaningful and participatory vacations rather than passive sightseeing. The proliferation of food-focused media, including television shows, blogs, and social media influencers, has dramatically raised global awareness and curiosity about diverse cuisines. This media exposure educates and inspires potential tourists. However, the market also faces significant restraints. Seasonality can impact demand, with many destinations experiencing peaks and troughs based on harvest times or weather. Economic fluctuations can affect discretionary spending on luxury culinary experiences. Logistical challenges, such as ensuring consistent quality and managing food safety standards across various vendors, also pose operational difficulties for tour operators. Despite these challenges, substantial opportunities exist. There is significant potential for development in emerging destinations that have rich but under-promoted culinary traditions. The creation of more personalized and niche tours, such as those focusing on vegan cuisine, historical recipes, or specific beverages like wine or craft beer, represents another avenue for growth and differentiation in a competitive marketplace.

Concentration Insights

The concentration of the gastronomy and food tourism market reveals a landscape with a mix of large, established players and a vibrant ecosystem of small to medium-sized specialized operators. Major international tour companies often include food-focused excursions within their broader travel packages, leveraging their extensive distribution networks. However, the heart of the market is frequently found in local and regional specialists who possess deep, authentic knowledge of their destination's culinary scene. These smaller operators are often celebrated for their curated, intimate tours that provide unique access to hidden gems and local experts. The market concentration is also geographic; renowned culinary destinations like Italy, France, Japan, and Thailand naturally attract a higher density of operators and tourists. There is a noticeable trend towards consolidation, where larger travel corporations acquire successful niche food tour companies to expand their experiential offerings. This dynamic creates a competitive environment where quality, authenticity, and a strong unique selling proposition are critical for success, regardless of company size.

Type Insights

The gastronomy and food tourism market can be segmented by the type of experiences offered, each catering to different traveler preferences. Culinary tours and cooking classes represent a foundational category, allowing tourists to explore local markets, taste street food, or learn to prepare traditional dishes under expert guidance. These activities provide hands-on engagement and cultural immersion. Food and beverage festivals and events form another major type, drawing large crowds to celebrate specific products, harvests, or culinary traditions; these can range from local town fairs to international events like the Taste of London. Visits to food and drink producers constitute a highly popular segment, including tours and tastings at vineyards, breweries, distilleries, cheese dairies, and chocolate factories. This type offers insight into the production process and emphasizes terroir and craftsmanship. Restaurant-based tourism, where travel is planned specifically around dining at acclaimed establishments, from Michelin-starred restaurants to iconic local eateries, is a significant driver for high-spending tourists. Lastly, agritourism, which involves stays on working farms, is growing, combining accommodation with direct participation in agricultural activities and farm-to-table meals.

Application Insights

The application of gastronomy and food tourism strategies is diverse, targeting different traveler demographics and trip purposes. For domestic tourists, food tourism often serves as a catalyst for exploring lesser-known regions within their own country, promoting intra-national travel and economic distribution. For international tourists, a destination's culinary reputation can be a primary factor in the travel decision-making process, effectively positioning a country or city as a must-visit location. The segment is also heavily applied within the luxury travel market, where exclusive, high-end culinary experiences are a standard expectation. These can include private dinners with renowned chefs or bespoke tours of exclusive producers. Furthermore, food tourism has significant applications in business travel and MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism, where unique dining experiences are used for networking and entertainment. Educational travel is another key application, with universities and culinary schools offering study abroad programs focused on gastronomy. Finally, the rise of "bleisure" travel (combining business and leisure) has created opportunities for short-duration food experiences that professionals can enjoy during a business trip.

Regional Insights

The gastronomy and food tourism market exhibits distinct characteristics across different global regions, each leveraging its unique culinary heritage. Europe is a mature and highly developed market, with countries like Italy, France, and Spain being perennial favorites. These destinations are renowned for their well-established wine routes, cheese trails, and deeply ingrained food cultures that attract millions of visitors annually. The Asia Pacific region is experiencing rapid growth, driven by the rich and diverse cuisines of Thailand, Japan, Vietnam, and India. Street food tours are particularly prominent in many Asian destinations. North America boasts a strong market, with a focus on farm-to-table movements, craft beverage trails (wine, beer, spirits), and the culinary diversity of major cities like New York and San Francisco. Latin America is emerging as a powerful player, with destinations like Peru gaining international acclaim for its gastronomy, and countries like Mexico and Argentina promoting their traditional cuisines and wine regions. The Middle East and Africa, while less developed in this sector, hold immense potential, with growing interest in the spices of Morocco, the culinary traditions of Lebanon, and the wine industries of South Africa.

Company Insights

The competitive landscape of the gastronomy and food tourism market includes a variety of companies ranging from global online travel agencies to specialized boutique operators. Major players like Expedia Group and Booking Holdings have incorporated food experiences into their vast portfolios through their subsidiary platforms like Viator, allowing for massive global distribution. Thematic tour specialists such as Urban Adventures, which focuses on locally-led experiences, have a strong presence in the food tour niche across numerous cities worldwide. Regional leaders are also critical; companies like Devour Tours in Europe are highly regarded for their in-depth cultural and food walks in cities like Rome and Madrid. Similarly, companies such as A Chef's Tour in Asia have built a reputation for authentic street food explorations. Many successful operators are hyper-local, small businesses that have cultivated expert knowledge of their specific city's culinary landscape. Key strategies for companies in this space include forging strong partnerships with reputable local vendors, emphasizing sustainability and community benefit, maintaining exceptional guide quality, and leveraging user reviews and digital marketing to build trust and visibility in a crowded online marketplace.

Recent Developments

The gastronomy and food tourism market has witnessed several pivotal recent developments that are shaping its future trajectory. A major trend has been the industry's adaptation to the post-pandemic landscape, with a heightened emphasis on hygiene, small group sizes, and outdoor dining experiences to ensure traveler safety and confidence. Sustainability has moved from a niche concern to a central business imperative, leading many operators to partner exclusively with establishments that prioritize local sourcing, reduce food waste, and have transparent ethical practices. Technology integration has accelerated, with augmented reality being experimented with to provide historical context on food tours and AI-driven platforms offering hyper-personalized culinary itinerary recommendations. There is also a notable development towards more immersive and hands-on formats, such as multi-day culinary retreats that combine cooking classes with farm stays and cultural activities, moving beyond simple half-day tours. Furthermore, strategic partnerships between tourism boards and major culinary brands or influencers are becoming more common to amplify destination marketing efforts and reach a global audience of food-centric travelers.

Report Segmentation

This comprehensive market research report on the gastronomy and food tourism industry provides a detailed analysis segmented across multiple dimensions to offer a granular view of the market dynamics. The segmentation is designed to help stakeholders identify specific areas of opportunity and competition. The report is segmented by experience type, which includes key categories such as culinary tours, cooking classes, food festivals, visits to producers, and agritourism activities. It is further segmented by booking channel, analyzing the market through online platforms, traditional travel agents, and direct bookings with tour operators. A demographic segmentation provides insights into the preferences and behaviors of different age groups, including millennials, generation X, and baby boomers. The report also includes a geographic segmentation, delivering detailed analysis for key regions and major countries within North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This multi-faceted segmentation allows for a thorough understanding of demand patterns, competitive intensity, and growth potential across the various facets of the global gastronomy and food tourism market.

FAQs

What is food tourism? Food tourism, also known as gastronomy tourism or culinary tourism, is the pursuit of unique and memorable eating and drinking experiences. It involves traveling to a destination specifically to explore its food culture, which can include activities like dining at renowned restaurants, visiting local markets, participating in food festivals, taking cooking classes, and touring farms or vineyards.

What is an example of gastronomy tourism? A prime example of gastronomy tourism is traveling to the Emilia-Romagna region of Italy for a tour focused on Parmigiano-Reggiano cheese and traditional balsamic vinegar. This experience typically includes visiting a cheese dairy to witness the production process, a vinegar loft for aging, and culminating in a meal at a local farmhouse restaurant that features these iconic products.

Why is food tourism important? Food tourism is critically important as it drives economic development by supporting local farmers, producers, chefs, and small businesses. It promotes cultural preservation and celebration of local heritage and traditions. Furthermore, it enhances a destination's brand and attractiveness, encouraging longer stays and higher tourist spending, which benefits the wider tourism and hospitality economy.

What are the activities of food tourism? The activities encompassed by food tourism are vast and varied. They include guided food walks and street food tours, hands-on cooking classes with local chefs, wine, beer, or spirit tasting tours at producers, visits to farmers' markets and food halls, attendance at culinary festivals and events, farm stays and harvest participation, and fine dining at award-winning or historic restaurants.

What is the difference between culinary tourism and food tourism? While the terms are often used interchangeably, a subtle distinction can be made. Food tourism is generally considered the broader term, encompassing all travel motivated by interest in food, including simple consumption. Culinary tourism often implies a more knowledge-based or educational approach, involving a deeper engagement with the culture, techniques, and history behind the food, such as through cooking classes or in-depth producer visits.

Citius Research has developed a research report titled “Gastronomy/Food Tourism Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Gastronomy/Food Tourism Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Gastronomy/Food Tourism Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Gastronomy/Food Tourism Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Gastronomy/Food Tourism Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Gastronomy/Food Tourism Market
• Research Methodology
• Executive Summary
• Market Dynamics of Gastronomy/Food Tourism Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Gastronomy/Food Tourism Market
• Cost and Gross Margin Analysis of Gastronomy/Food Tourism Market
• Gastronomy/Food Tourism Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Gastronomy/Food Tourism Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Gastronomy/Food Tourism Market Key Stakeholders

Below are the key stakeholders for the Gastronomy/Food Tourism Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Gastronomy/Food Tourism Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Gastronomy/Food Tourism Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Gastronomy/Food Tourism Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Gastronomy/Food Tourism Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Gastronomy/Food Tourism Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Gastronomy/Food Tourism Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Gastronomy/Food Tourism Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Gastronomy/Food Tourism Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Gastronomy/Food Tourism Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Gastronomy/Food Tourism Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Gastronomy/Food Tourism Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Gastronomy/Food Tourism Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Gastronomy/Food Tourism Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Gastronomy/Food Tourism Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Gastronomy/Food Tourism Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Gastronomy/Food Tourism Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Gastronomy/Food Tourism Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports