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Agritourism Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a substantial expansion in the agritourism market size. The market, which was valued at $66.29 billion in 2024, is anticipated to increase to $70.43 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.2%. The growth seen in previous years is largely due to factors such as diversification of the rural economy, a rise in consumer curiosity towards farm lifestyle, the preservation of culture and heritage, initiatives in environmental education and conservation, and recurring events and festivals.
How Will the Agritourism Market Size Evolve and Grow by 2029?
The market size of agritourism is set for significant expansion in the upcoming years, with projections seeing it reaching $94.7 billion by 2029, escalating at a compound annual growth rate (CAGR) of 7.7%. The notable growth during this forecast period will likely be due to changes in the preferences of travellers, health and wellness programs, educational and learning options, food and drink experiences, and the capacity for exclusivity and customization. The forecast period is also set to see a rise in trends like education about agriculture, farm-to-table experiences, rural adventure activities, cultural engagement, and specialized agritourism services.
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What Drivers Are Propelling the Growth of Agritourism Market Forward?
A burgeoning interest in agritourism, amplified by governmental initiatives, is the primary factor propelling the agritourism market’s growth. Globally, the appeal of agritourism is swelling due to increasing curiosity about farming operations, products, and ingenuity, coupled with the unveiling of fresh governmental drives. These initiatives aim at fostering local farming and agricultural endeavors while providing a crucial financial uplift to the community sectors involved in agriculture. Notably, different governing bodies have initiated measures to create opportunities for the local agricultural industry through tourism. For instance, the Irish Minister in charge of Agriculture, Food, and the Marine, Charlie McConalogue, declared in June 2022 a funding of €300,000 ($3.06 million) for 19 local agro-food tourism schemes. This finance targets at evolving agritourism to enhance rural areas, bolstering farmers, producers, and artisans in developing their offerings. Moreover, the Kerala State Government in India in September 2021 set up the Kerala Agri Tourism Network along with a state-wide training regimen for skilled labor with an objective to boost farm tourism, creating another bulwark for the tourism industry in the post-COVID era. Hence, such governmental drives toward agritourism farms are predicted to spur the expansion of the agritourism market.
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Which Emerging Trends Are Transforming the Agritourism Market in 2025?
Leading businesses in the agritourism sector are creating unique services, ranging from advocating for better agricultural understanding to enriching visitor involvement via interactive farm tours and workshops to raise agricultural consciousness. Their concentration also lies in farm-to-table dining and sustainable methods to establish stronger links between consumers and the process of food production. Such awareness about agriculture is aimed at enlightening the public on the importance of agriculture for societal benefits, sustainability, and food security. For example, in April 2024, a United States non-profit organization called Greater Iowa City Inc. initiated Agri-Culture Iowa, a program that endorses local agribusinesses and sustainable methods, thereby augmenting tourism and fostering community participation in Johnson County. It’s intended to provide unforgettable farm-to-table experiences and stimulate the local economy.
What Are the Key Segments in the Agritourism Market?
The agritourism market covered in this report is segmented –
1) By Activity: On-farm Sales, Outdoor Recreation, Agritainment, Educational Tourism, Accommodations, Other Activities
2) By Tour Types: Group Travelers, Individual Travelers
3) By Sales Channel: Travel Agents, Direct
4) By Consumer Demographics: Men, Women, Kids
Subsegments:
1) By On-farm Sales: Farm Stands and markets, U-Pick Operations, Local Product Sales
2) By Outdoor Recreation: Hiking and Nature Trails, Fishing and Hunting, Camping and Picnicking, Farm Tours
3) By Agritainment: Corn Mazes and Pumpkin Patches, Festivals and Events, Animal Pettin*g Zoos
4) By Educational Tourism: Workshops and Classes, Farm Visits and Tours, School Field Trips
5) By Accommodations: Farm Stays, Camping Facilities, Glamping Options
6) By Other Activities: Wine and Brewery Tours, Culinary Experiences, Wellness Retreats
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Who Are the Key Players Shaping the Agritourism Market’s Competitive Landscape?
Major companies operating in the agritourism market include Blackberry Farm LLC, Gites de France, Feather Down Farms, Farm Stay UK, Goosewing Ranch, Liberty Hill Farm, Willowsford Farm, Agriturismo Al Verneto, Bay Farm Tours, Kansas Agritourism, The Inn at Valley Farms, Agritopia, Agritours Canada Inc., Stita Farm Tours, Green Acres Farm Bed and Breakfast, Agrilys Voyages, Monteillet Fromagerie, World Wide Opportunities on Organic Farms, Agricultural Tour Operators International, Field Farm Tours Limited, Willow-Witt Ranch, Farms & Farmers, Agri-Tourism Development Corporation, AgriTourismo, Barns and Farms, Farmhouse Inns, Agritourisme France, Rural Retreats, Farmers For Real, Newland Stays, Heritage Farmstead Museum, Agriturismo.it, Farm Stay US, Australian Farm Tourism, Farm Stay Japan, Agrotourism Cyprus, Farm Stay New Zealand, Fazenda Leite Verde, Agritourism South Africa
What Geographic Markets Are Powering Growth in the Agritourism Market?
North America was the largest region in the agritourism market in 2024. The regions covered in the agritourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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