According to a new report, published by KBV research, The Global Agritourism Market size is expected to reach $10.7 billion by 2028, rising at a market growth of 10.7% CAGR during the forecast period.
The Outdoor Recreation market is generating high revenue in the Global Agritourism Market by Activity in 2021; thereby, achieving a market value of $3.4 billion by 2028. It is due to the increasing tourist interest in hobbies including trekking, horse riding, fishing, and hunting, among others. The market growth is anticipated to accelerate during the projected period because of the lower risk level and growing popularity of outdoor leisure among millennials and children.
The Travel Agents market is exhibiting the highest CAGR of 11.4% during (2022 - 2028). Due to dependable transportation, individualized attention, and exclusivity, travelers are increasingly using travel agents to arrange hotels, outdoor activities, entertainment, educational trips, and other services. Since travel agents offer quick booking services and the possibility to compare several accessible travel options, customers are urged to purchase their vacation packages through them, which is accelerating industry growth.
The North America market dominated the Global Agritourism Market by Region in 2021; thereby, achieving a market value of $4.4 billion by 2028. The Europe market is exhibiting a CAGR of 10.4% during (2022 - 2028). Additionally, The Asia Pacific market is experiencing a CAGR of 11.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/agritourism-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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