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The latest research study “India Agritourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the India agritourism market is expected to exhibit a CAGR of 20.60% during 2022-2027.
Agritourism refers to a commercial enterprise combining agricultural production and processing activities with tourism for the purpose of entertaining tourists. It offers farmers a chance to generate additional income and a platform for direct marketing to consumers. Agritourism also provides communities with the potential to grow their local tax bases. It aids in preserving the agricultural lands and allows states to develop business establishments. As a result, agritourism finds widespread application across the country, owing to its ability to educate the public about agriculture, revitalize rural economies, and provide employment opportunities to residents.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Agritourism Market Trends and Drivers:
The escalating demand for this commercial enterprise by the farmers to gain a competitive advantage and capitalize on the uniqueness of their farm, along with the increasing focus on rural development, are primarily driving the India agritourism market. Besides this, the establishment offers various farm activities, such as harvest festivals, horseback riding, fishing, wildlife photography, outdoor farm stays, wagon or sleigh rides, sheep shearing, cooking classes, guided animal tours, historical re-enactments, etc., which is further augmenting the market growth.
Moreover, the growing curiosity about rural and farm activities, particularly among the millennial and urban population, is also catalyzing the market across India. Apart from this, the rising purchase of authentic farm products and services by the tourists who are fascinated by the rural lifestyle is acting as another significant growth-inducing factor. Furthermore, the emerging trend of the activity of the pick-your-own fruit is expected to bolster the India agritourism market in the coming years.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Million |
| Segment Coverage | Tourist Type, Activity, Booking Channel, Sales Channel, Region |
| Region Covered | North India, West and Central India, South India, East India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499 |
India Agritourism Market 2022-2027 Analysis and Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India agritourism market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on tourist type, activity, booking channel and sales channel.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The report has segmented the market on the basis of tourist type, activity, booking channel and sales channel.
Tourist Type:
- Domestic
- International
Activity:
- On-farm Sales
- Outdoor Recreation
- Agritainment
- Educational Tourism
- Accommodations
- Others
Booking Channel:
- Online
- Offline
Sales Channel:
- Travel Agents
- Direct
Region:
- North India
- West and Central India
- South India
- East India
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 India Agritourism Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
11 SWOT Analysis 11.1 Overview 11.2 Strengths 11.3 Weaknesses 11.4 Opportunities 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis 13.1 Overview 13.2 Bargaining Power of Buyers 13.3 Bargaining Power of Suppliers 13.4 Degree of Competition 13.5 Threat of New Entrants 13.6 Threat of Substitutes
14 Price Analysis
15 Policy and Regulatory Landscape
16 Competitive Landscape 16.1 Market Structure 16.2 Key Players 16.3 Profiles of Key Players
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
