The global Agritourism market has been growing at a healthy rate, and is expected to follow the same growth trail in the near future. The recent market research created by TMRR finds that the global Agritourism market is estimated to reach a value of ~US$ xx Bn/Mn in 2019, up from ~US$ xx Bn/Mn in 2018, at y-o-y of xx%. Further, the report suggests that ongoing innovations, increasing disposable income, and rising demand from consumers are set to fuel the Agritourism market at a CAGR of xx% over the forecast period 2019-2029.
Each player enclosed in the Agritourism market report is assessed according to its strengths, weaknesses, opportunities and threats. In addition, the report focuses on the nature of the vendors, including product expansion, product launches, acquisitions, partnerships, and market tactics.
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The growth of global agritourism market is majorly driven by factors such as growing demand for various recreational activities for families on various farmlands. Various government initiatives are also some of the major factors that are promoting the growth of global agritourism market in the forecast of 2018 to 2028.
Rising demand for local food and beverages during the farm stay is also influencing the growth of global agritourism market. Furthermore, the changing national policies where the tourists are driven to farmlands in order to understand agriculture and help farmers is yet another factor that is influencing the growth global agritourism market during the forecast period.
Global Agritourism Market: Regional Analysis
Geographically, the global agritourism market is expected to witness maximum growth in Asia Pacific region. The dominance of the region is the result of rising awareness about the agriculture and various government policies to encourage agritourism in the region.
Moreover, North America is expected to be an emerging market for the players of global agritourism market. Rising awareness for agritourism in countries such as U.S. and Canada is the prime reason for the growth of North America in global agritoursim market. Futhermore, various initiatives by the government in order to promote the agricultural tourism is yet another factor that is responsible for the growth of the region in the market.
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The Agritourism market research answers important questions, including the following:
- What manufacturing techniques are being implemented by market players for developing Agritourism ?
- Why the demand for the Agritourism gradually decreasing in region?
- How many units of Agritourism are estimated to be sold in 2019?
- Why governments are imposing restrictions on the use of Agritourism ?
- Which country in region is expected to hold the largest share by 2029?
The Agritourism market research provides the below-mentioned data in a critical manner:
- Adoption trend and consumption behavior across various industries and consumers respectively.
- Factors (Positive and Negative) influencing the global Agritourism market.
- Product launches, mergers & acquisitions, and revenue of each Agritourism market player.
- Growth outlook of the global Agritourism market in terms of value and volume.
- Regulatory standards imposed on the application of Agritourism .
And many more …
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This post was originally published on Analytics News