The agrotourism industry will play an increasingly important role in the years to come, Says Market Forecasts a high CAGR between 2020 and 2027. Breakdown of the Global Trend The agrotourism market currently in Europe, the APAC region, South America and the MEA. the region is leading. Agricultural tourism is completely fragmented due to the presence of maximum actors in most regions of the world. Later on, the report also provides different segments based on the product category, numerous uses of the product, and key revenue regions that greatly contribute to the market share.
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Note: The report covers the detailed pre and post COVID-19 impact analysis on the Agricultural Tourism Market
Agricultural tourism, a hybrid subgroup of rural tourism, is an emerging industry that emerged from the merger of agriculture and the tourism industry. The global agricultural tourism market is experiencing impressive growth due to its establishment as a viable alternative to sustainable development and its ability to open up new market opportunities for agricultural products and services. The increasing demand from tourists for pristine destinations and personalized services in a natural setting is also catalyzing the demand for agrotourism as it offers services such as farm tours, leisure and hospitality, farm accommodation, sale of farm products and some others. The agrotourism industry is expected to grow remarkably in the coming years due to the influence of various factors such as the increasing curiosity of tourists about agriculture and lifestyle, as well as the desire to find solace through nature-friendly means. In addition, agrotourism is a low cost gateway that helps raise foreign currency for local businesses by positioning rural locations in key tourism markets.
The research explores new growth opportunities conducted with an in-depth analysis of the Agricultural Tourism market based on evolution and a data analysis that takes into account every aspect of the Agricultural Tourism market. Global industry interprets the fundamental aspects of the dominant market players with their business overview, agrotourism market sales, press release, and development taking place in the market.
COVID-19 IMPACT ANALYSIS Agrotourism market
The coronavirus has affected any of the small or large organizations that operate in every sector. The growth curves of the agrotourism market have seen immense fluctuations in 2020. The market scenario and the pace of growth have taken a colossal turn and resulted in numerous adjustments in the cycles with significant effects. 2021 is likely to be better for the agro tourism market players in 2020 as most of the organizations have continued their activities and interest in them will be restored.
Some major 10+ key players in the Agrotourism Market:
Bowen Farm Bed and Breakfast
Saguna Baug-Agro tourism farm
Sahyadri Agrotourism Center
Agri Tourism Development Company Pvt Ltd (ATDC)
Worldwide opportunities on organic farms (WWOOF)
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Competitive Analysis of the Agricultural Tourism Market:
The report examines the competitive framework and the business environment using various analytical frameworks such as:
- Porter’s five forces model
- SWOT analysis
- PEST analysis
- Success factors
- Growth matrix
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Agricultural tourism market segmentation:
The report delves deeply into critical aspects of key issues that are helping market participants change their approach accordingly. The Agricultural Tourism Market report offers competitive analysis which helps the readers become aware of the unique characteristics of crucial factors that affect market competition. The Agricultural Tourism market report has accurate market data, market dynamics, and key segments. The report will also indicate how the market situation will change in the coming years and the major changes in market dynamics. It also provides historical, ongoing, and forecasted market research for volume and value with emerging segments and regional markets.
According to segments
Tailored products or services
Finished products or services
Geographic markets are treated separately in the report, which includes a competitive analysis of their market performance in the base year as well as forecasts for the forecast year. Extensive primary research is carried out to obtain leading information to understand market conditions and competition in a particular region. The comparison between two or more geographic markets is effectively done to know where to invest.
- North America (USA, Canada, Mexico)
- Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, rest of Asia-Pacific)
- Latin America (Brazil, rest of LA)
- The Middle East and Africa (Turkey, GCC, Rest of Middle East)
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