The global wildlife hunting tourism market is estimated to be valued at US$ 1,841.5 million in 2028, according to Global Wildlife Hunting Tourism Market Report, By Type (Big Game Trophy, Small Game Trophy, and Skill Hunting), By Species Type (Ungulates, Rodents, Birds, Carnivores, and Others), By Contribution (Transportation, Accommodation, Food & Dining, Equipment, and Others) and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)  published by Coherent Market Insights.

The global wildlife hunting tourism market is expected to surpass US$ 1841.5 Million by 2028, exhibiting a CAGR of 16.5% during the forecast period (2021-2028).

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/wildlife-hunting-tourism-market-4922

Browse 50 market data tables* and 40 figures* on "Global wildlife hunting tourism market” - Forecast to 2028.

Key Trends and Analysis of the Global wildlife hunting tourism market:

  • Among regions, North America accounted for the share of 28.8% in 2020 in the global wildlife hunting tourism market.
  • The wildlife hunting tourism market in Canada is expected to grow at a significant rate during the forecast period, as Canada exports more hunting trophies than it imports. According to IFAW (International Fund for Animal Welfare) revealed that between 2005 and 2014, over 600 polar bear hides and 550 skulls were exported as hunting trophies from Canada. Top 10 exported hunting trophies in Canada include timber wolf, American black bear, cougar, polar bear, grizzly bear, Canadian lynx, narwhal, bobcat, and walrus, among others.
  • Controlling excessive quantity of bird species can help to grow wildlife hunting tourism market. In Canada, Migratory Birds Regulations (MBR) have been formulated to create conditions for the sustainable harvest of migratory game bird population and provide tools that enable hunters to assist in population control of overabundant species as published in the Canada Gazette in July 2020. The Canada Gazette is the official newspaper of the Government of Canada since 1841.The Government of Canada, through Environment and Climate Change Canada (ECCC), is responsible for the conservation of migratory birds in Canada and the management of the sustainable hunting of these birds.

 Key Takeaways of the Market:

  • Among species type, Ungulates segment held the largest revenue share of 32.2% in the global wildlife hunting tourism market in 2020
  • Ungulates are the members of a diverse group of primarily huge mammals with hooves. These group of animals include odd-toed ungulates such as rhinoceros, tapir, and horse, and some even-toed ungulates such as pigs, cattle, deer, camel, giraffe, sheep, and hippopotamus. The big game trophy generally includes hunting of ungulates and its hunting is widely popular in the European region. For instance, according to Coherent Market insights’ analysis, in 2017, around 3.04 Mn wild boars were hunted, where Germany contributed around 27.5%.

Global Wildlife Hunting Tourism Market- Impact of Coronavirus (Covid-19) Pandemic

COVID-19's global spread has resulted in lockdown, lowering the activity of the economy, which have had a significant impact on wages of the employee of wildlife tourism due to cancellation of confirmed bookings.

According to Luc Hoffmann Institute’s report April 2021, ‘The Future Of Nature-Based Tourism’, in South Africa, one third of the game lodges furloughed more than 50% of their staff, while 16% have furloughed all of their staff. Between April and March 2020, 67% of permanent employees of South African game ranchers were affected due to reduced wages, unpaid leave, or were made redundant. According to a survey conducted between April and March 2020 by Wildlife Ranching South Africa (an organization representing the national and international interests of the wildlife ranching industry), 95% of respondents experienced a decline in number of hunters visiting their game farms/lodges during March and April 2020. Respondents experienced 74% cancellations of confirmed bookings for the period March to December 2020.

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