Latin America Culinary Tourism Market Size & Outlook

The culinary tourism market in Latin America is expected to reach a projected revenue of US$ 3,258.4 million by 2030. A compound annual growth rate of 19.7% is expected of Latin America culinary tourism market from 2024 to 2030.
Revenue, 2023 (US$M)
$927.9
Forecast, 2030 (US$M)
$3,258.4
CAGR, 2024 - 2030
19.7%
Report Coverage
Latin America

Latin America culinary tourism market highlights

  • The Latin America culinary tourism market generated a revenue of USD 927.9 million in 2023.
  • The market is expected to grow at a CAGR of 19.7% from 2024 to 2030.
  • In terms of segment, food festivals was the largest revenue generating activity in 2023.
  • Culinary Trails is the most lucrative activity segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 927.9 million
Market revenue in 2030USD 3,258.4 million
Growth rate19.7% (CAGR from 2023 to 2030)
Largest segmentFood festivals
Fastest growing segmentCulinary Trails
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood Festivals, Cooking Classes, Culinary Trails, Restaurants
Key market players worldwideAbercrombie & Fitch Co Class A, The Travelers Companies Inc, India Food Tour, Classic Journeys, Butterfield & Robinson


Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.1% of the global culinary tourism market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 8,766.1 million by 2030.

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Culinary Tourism Market Companies

Name Profile # Employees HQ Website

Latin America culinary tourism market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to culinary tourism market will help companies and investors design strategic landscapes.


Food festivals was the largest segment with a revenue share of 31.7% in 2023. Horizon Databook has segmented the Latin America culinary tourism market based on food festivals, cooking classes, culinary trails, restaurants covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America culinary tourism market databook

  • Our clientele includes a mix of culinary tourism market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America culinary tourism market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America culinary tourism market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America culinary tourism market size, by country, 2018-2030 (US$M)

Latin America Culinary Tourism Market Outlook Share, 2023 & 2030 (US$M)

Latin America culinary tourism market size, by country, 2018-2030 (US$M)

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