To accomplish supreme level of market insights and get know how of the best market opportunities into the specific markets, this Agritourism market research report is the perfect key. The report consists of reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies. This report comprises of a market data that provides a detailed analysis of the Agritourism industry and its impact based on applications and on different geographical regions, and systemic analysis of growth trends and future prospects. The whole Agritourism report can be divided into four major areas, which include market definition, market segmentation, competitive analysis and research methodology.
A finest market research report acts as an innovative solution for the businesses in today’s changing market place. This Agritourism report provides you with the relevant information about your niche and saves your lot of time that you may otherwise take for decision-making. The report offers a thorough synopsis on the study, analysis and estimation of the market and how it is impacting the industry. The report is generated by keeping in mind businesses of all sizes. This Agritourism report is generated by thoroughly understanding business environment which best suits the requirements of the client.
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.
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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.
Key Growth 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.
The report outlines the involvement of key players, including:
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)
Key Market Segmentation
By Activity (On-Farm Sales, Outdoor Recreation, Agritainment, Educational Tourism, Accommodation, Others), Sales Channel (Travel Agents, Direct)
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