The Asia Pacific Agritourism Market would witness market growth of 11.5% CAGR during the forecast period (2022-2028).
Woody perennials that are integrated with other products and/or animals are known as agroforestry. There is a big need for research to help farmers in this developed technique because agroforestry is rarely integrated into organic produce. Farmers are interested in learning more about the use of trees, hedges, and shrubs as a way to enhance soil properties, maintain organic matter in the soil, protect livestock and crops from flies and other carnivores, and promote nutrient cycling.
This is true even though the use of intercrops and mixed perennial cropping is growing in the organic sector. Farmers are attempting to employ trees more effectively in their attempts to restore land in locations where land-use patterns have resulted in significant deterioration.
As a strategy to trap carbon and to supplement the current array of mitigation strategies for global climate change, it is particularly crucial to expanding the use of and best practices for agroforestry with organic agriculture. This has a lot to do with sustainable development because agroforestry may be utilized to diversify and intercrop crops, enhance livelihoods, and possibly even provide access to other sources of revenue like the carbon market.
India is the top importer of soybean oil in the world. India's consumption of indigenous soybean oil has increased by double-digit percentages during the last ten years. By 2018–19, India purchased more than 42% of all soybean oil imported worldwide, making up roughly 63 percent of its domestic use. India imports a lot of soybean oil, but it imports very little whole soybeans due to tariffs, phytosanitary regulations, and a restriction on the production and import of genetic modification (GM) soybeans. The large variety of the different agriculture present in India accelerates the growth of the agritourism market.
The China market dominated the Asia Pacific Agritourism Market by Country in 2021; thereby, achieving a market value of $775.5 million by 2028. The Japan market is exhibiting a CAGR of 10.8% during (2022 - 2028). Additionally, The India market is experiencing a CAGR of 12.2% during (2022 - 2028).
Based on Activity, the market is segmented into Outdoor Recreation, On-farm Sales, Entertainment, Educational Tourism, Accommodations and Others. Based on Sales Channel, the market is segmented into Direct Sales and Travel Agents. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Agritourism Market is Projected to reach USD 10.7 Billion by 2028, at a CAGR of 10.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Farm to Farm Tours, Bay Farm Tours, Star Destinations, Expedia, Inc., Select Holidays, Green mount Travel, Blackberry Farm LLC, GTI Travel, Kansas Tourism and Trump Tours, Inc.
By Activity
By Sales Channel
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