Philippines Culinary Tourism Market Growth, Demand and Challenges of the Key Industry Players 2024-32


MARKETRESEARCH

Uploaded on Jul 11, 2024

Category Business

According to the latest research report by IMARC Group, The Philippines culinary tourism market is projected to exhibit a growth rate (CAGR) of 12.10% during ​2024-2032​. More Info:- https://www.imarcgroup.com/philippines-culinary-tourism-market

Category Business

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Philippines Culinary Tourism Market Growth, Demand and Challenges of the Key Industry Players 2024-32

Philippines Culinary Tourism Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . A cc o r d i ng t o t h e l a te s t r e p o r t b y I M A R C Gr o u p , t i t l e d " P h i l i p p i n e s C u l i n a r y T o u r i sm Ma r k e t : I n d u s t r y T r e n d s , S h a r e , S i z e , Gr o w th , O p p o r t u n i ty a n d F o r e ca s t 2 0 2 4 - 20 3 2 , " t h e P h i l i p p i n es cu l i n a r y t o u r i s m ma r k e t i s p r o j e c t ed t o e x h i b i t a g r o w t h r a t e ( C A G R ) o f 1 2 . 1 0 % d u r i n g 2 0 2 4 - 20 3 2 . Report T he g r ow i n g g l ob a l i n t e r e s t i n u n i q ue a s w e l l a s a u t he n t i c c u l i n a ry ex p e r i e n ce s i s o n e o f t h e fa c t o r s r e s p o ns i b l e f o r t h e g r o w t h o f t h e P h i l i p p i n es c u l i n a ry t o u r i sm ma r k e t . A dd i t i o n a l l y , a s t r a v e l e r s s e e k mo r e i mm e r s i v e a n d c u l t u r a l l y e n r i c h i ng a c t i v i t i e s , t h e Highlight and d i ve r s e an d f l a v o r f u l F i l i p i n o c u i s i n e i s g a i n i n g i n t e r na t i o n a l r e c o g n i t i o n . T he r i c h t a p e s t r y o f r e g i o n a l d i sh e s , i n f l u e nc e d by v a r i o us cu l t u r a l h e r i t a g e s , o f f e r s a w i de r an g e o f cu l i n a r y e x pe r i e n ce s th a t a p p e a l t o f o od en t h u s i a s t s . M o re o v e r , t h e Description po p u l a r i t y o f f o o d fe s t i v a l s , c o ok i n g c l a ss e s , a nd f a r m- t o - t ab l e d i n i n g e x p e r i e n c e s i s r i s i n g , p r o v i d i n g t o u r i s t s w i th h an d s - o n o p po r t u n i t i e s t o ex p l o r e a n d a p p re c i a t e t h e l o ca l f oo d cu l t u r e . T he p r om o t i on o f F i l i p i n o c u i s i n e th r o u g h i n t e r n a t i on a l me d i a a n d so c i a l p l a t f o r ms i s a t t r a c t i n g f o o d t o u r i s t s t o t h e P h i l i p p i n e s . R eq u e s t f o r a P D F sa m p le o f th i s r ep o r t : h t t p s : / /w w w . i ma r c g r o u p . co m / p h i l i p p i n e s -c u l i n a r y - t o u r i sm - ma r k e t / r e q u e s t s a mp l e Report Description Phi l ippines Cul inary Tour ism Market Trends: Another s ign i f icant dr iver is the concer ted ef for t by the Phi l ipp ine government and pr ivate sector to boost cu l inary tour ism. In i t ia t ives such as "Kain Na!" by the Depar tment o f Tour ism and par tnersh ips wi th loca l chefs and cu l inary schools a im to showcase the gast ronomic her i tage and cu l inary ta lents o f the count ry . These in i t ia t ives not on ly h igh l ight t rad i t iona l d ishes but a lso encourage innovat ion and modern in terpreta t ions of F i l ip ino cu is ine, mak ing i t more appeal ing to a g lobal audience. Fur thermore, the growing in f ras t ruc ture and development in the hospi ta l i ty and tour ism sectors are enhanc ing the overa l l tour is t exper ience. Improved access ib i l i ty to key cu l inary dest inat ions, coupled wi th the r ise o f bout ique hote ls and themed restaurants, is making i t eas ier for v is i tors to exp lore the cu l inary landscape, which is ant ic ipated to dr ive the Phi l ipp ines cu l inary tour ism market over the forecasted per iod. View Report TOC, Figures and Tables : ht tps: / /www.imarcgroup.com/phi l ippines-cul inary- tour ism-market Activity Type Insights: • Culinary Tr ials • Cooking Classes • Restaurants • Food Fest ivals and Events • Others Report Segmentation Tour Type Insights: • Domestic • International Age Group Insights: • Baby Boomers • Generat ion X • Generat ion Y • Generat ion Z Mode of Booking Insights: • Online Travel Agents Report • Tradit ional Agents • Direct Booking Segmentation Regional Insights: • Luzon • Visayas • Mindanao How has the Philippines culinary tourism market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the Philippines culinary tourism market? Key Questions What is the breakup of the Philippines culinary tourism market on the basis of activity type? Answered in What is the breakup of the Philippines culinary tourism the Report market on the basis of tour type? What is the breakup of the Philippines culinary tourism market on the basis of age group? What is the breakup of the Philippines culinary tourism market on the basis of mode of booking? What are the various stages in the value chain of the Philippines culinary tourism market? What are the key driving factors and challenges in the Philippines culinary tourism? Key Questions What is the structure of the Philippines culinary tourism market and who are the key players? Answered in the Report What is the degree of competition in the Philippines culinary tourism market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 P h i l i p p i n e s C u l i n a r y T o u r i s m M a r k e t – I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w4 . 2 M a r k e t D y n a m i c s4 . 3 I n d u s t r y T r e n d s 4 . 4 C o m p e t i t i v e I n t e l l i g e n c e 5 P h i l i p p i n e s C u l i n a r y T o u r i s m M a r k e t L a n d s c a p e 5 . 1 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 5 . 2 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 P h i l i p p i n e s C u l i n a r y T o u r i s m M a r k e t - B r e a k u p b y A c t i v i t y T y p e 6 . 1 C u l i n a r y T r i a l s 6 . 1 . 1 O v e r v i e w 6 . 1 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 1 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 1 . 4 M a r k e t B r e a k u p b y T o u r T y p e 6 . 1 . 5 M a r k e t B r e a k u p b y A g e G r o u p 6 . 1 . 6 M a r k e t B r e a k u p b y M o d e o f B o o k i n g 6 . 2 C o o k i n g C l a s s e s 6 . 2 . 1 O v e r v i e w 6 . 2 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 2 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 2 . 4 M a r k e t B r e a k u p b y T o u r T y p e 6 . 2 . 5 M a r k e t B r e a k u p b y A g e G r o u p 6 . 2 . 6 M a r k e t B r e a k u p b y M o d e o f B o o k i n g 6 . 3 R e s t a u r a n t s 6 . 3 . 1 O v e r v i e w 6 . 3 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 3 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 3 . 4 M a r k e t B r e a k u p b y T o u r T y p e 6 . 3 . 5 M a r k e t B r e a k u p b y A g e G r o u p Table of 6 . 3 . 6 M a r k e t B r e a k u p b y M o d e o f B o o k i n g6 . 4 F o o d F e s t i v a l s a n d E v e n t s 6 . 4 . 1 O v e r v i e w Contents 6 . 4 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 )6 . 4 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 4 . 4 M a r k e t B r e a k u p b y T o u r T y p e 6 . 4 . 5 M a r k e t B r e a k u p b y A g e G r o u p 6 . 4 . 6 M a r k e t B r e a k u p b y M o d e o f B o o k i n g 6 . 5 O t h e r s 6 . 5 . 1 O v e r v i e w 6 . 5 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 5 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 6 A t t r a c t i v e I n v e s t m e n t P r o p o s i t i o n b y A c t i v i t y T y p e 7 P h i l i p p i n e s C u l i n a r y T o u r i s m M a r k e t - B r e a k u p b y T o u r T y p e 7 . 1 D o m e s t i c 7 . 1 . 1 O v e r v i e w 7 . 1 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 7 . 1 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /p h i l i pp i nes - cu l i na ry - to u r i s m-m a rke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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