Mexico Culinary Tourism Market Size & Outlook, 2023-2030
Mexico culinary tourism market, 2018-2030 (US$M)
Related Markets
Mexico culinary tourism market highlights
- The Mexico culinary tourism market generated a revenue of USD 245.7 million in 2023 and is expected to reach USD 866.7 million by 2030.
- The Mexico 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.
Culinary tourism market data book summary
| Market revenue in 2023 | USD 245.7 million |
| Market revenue in 2030 | USD 866.7 million |
| Growth rate | 19.7% (CAGR from 2023 to 2030) |
| Largest segment | Food festivals |
| Fastest growing segment | Culinary Trails |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food Festivals, Cooking Classes, Culinary Trails, Restaurants |
| Key market players worldwide | Abercrombie & Fitch Co Class A, The Travelers Companies Inc, India Food Tour, Classic Journeys, Butterfield & Robinson |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.1% of the global culinary tourism market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. culinary tourism market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,837.9 million by 2030.
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Culinary Tourism Market Scope
Culinary Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 30.61% in 2023. Horizon Databook has segmented the Mexico 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 Mexico culinary tourism market databook
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Our clientele includes a mix of culinary tourism market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Mexico culinary tourism market , including forecasts for subscribers. This country databook contains high-level insights into Mexico culinary tourism market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico culinary tourism market size, by activity, 2018-2030 (US$M)
Mexico Culinary Tourism Market Outlook Share, 2023 & 2030 (US$M)
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