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The agritourism market size is forecast to increase by USD 7 billion at a CAGR of 3.58% between 2023 and 2028. The market is experiencing significant growth, driven by the expanding tourism industry and the increasing popularity of farm tourism. According to the World Tourism Organization, international visitor arrivals reached 1.4 billion in 2018, and agritourism has emerged as a popular niche within the industry. Social distancing guidelines have further boosted the demand for agritourism, as urban families, millennials, and the corporate world seek safe and authentic experiences. Digital innovation plays a crucial role in the market, enabling instant bookings and enhancing customer engagement. However, challenges persist, including the risks associated with fraudulent vacation rental houses, apartments, and homestays. The tourism ministry is working to address these challenges and promote sustainable and safe agritourism practices.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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