The Brazil culinary tourism market is anticipated to be worth US$ 17,831 Million in 2022. Sales in the market are projected to increase at a 17.6% CAGR over the forecast period (2022-2032).
Growing penetration of online websites and social media structures is one of the key factor propelling the demand in Brazil culinary tourism market. Rising trend of wine making and tasting package deal is expected to create lucrative growth opportunities for the market players.
Further, the government authorities are investing extensively to promote small restaurants and hotels pushing the demand in Brazil culinary tourism market. This will boost the demand at an impressive rate over the forecast period in Brazil culinary tourism market.
“Key players are collaborating with government to promote regional delicacies/dishes available in Brazil. This is expected to create remunerative growth prospects for the market players over the upcoming decade”- Says an FMI analyst.
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Key Takeaways:
- Online bookings segment is expected to contributed lion’s share in the Brazil culinary tourism market.
- International tourists are expected to account for maximum revenue in the Brazil culinary tourism market through 2022 & beyond.
- In terms of age group, the 35-45 segment is expected to witness fastest growth over the assessment period as the demographic are financially stable.
- Based on activity, the restaurants segment is projected to increase at a positive pace in the upcoming decade
Who is winning?
Leading players of Brazil Culinary Tourism are focusing on promotional strategies and they are doing business with small local restaurants and cafes to improve sales in the market.
Major players present in the Brazil Culinary Tourism market are Tasting Tour SP by Vicky Constantinescu, Uluwatour Viagens & Receptivos, Rio Carioca Tours, ESPAÇO DISCOVER POA, Paraty Explorer, Tour de Boteco, Traveller XP, Concrete Jungles Walking Tours, Way to Know Rio, Jeep Tour – Rio de Janeiro, C2RIO TOURS & TRAVEL, Cook in Rio, Concrete Jungles Walking Tours, Free Walker Tours, Amazon Amazing Tours, Rio Alternative Tour among others.
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Brazil Culinary Tourism Market by Category
By Activity Type:
- Culinary Trials
- Cooking Classes,
- Restaurants
- Food Festivals
- Others
By Booking Channel:
- Phone Booking
- Online Booking
- In Person Booking
By Tourist Type:
- Domestic
- International
By Tour Type:
- Independent Traveller
- Package Traveller
- Tour Group
By Consumer Orientation:
- Men
- Women
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
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About Future Market Insights, Inc.
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