Food Trucks Market Is Extrapolated To Reach A Value Of USD 6.63 Bn By 2028Posted by rahul nikade on December 20th, 2022 Food Trucks Industry Overview The global food trucks market size is expected to reach USD 6.63 billion by 2028, registering a CAGR of 6.8% over the forecast period, according to a new report by Grand View Research, Inc. Rising popularity of events, such as food festivals, carnivals, concerts, and parades, are driving the industry. The growing demand from bars to partner with food trucks to park outside and gain a larger customer base is also anticipated to fuel the overall market growth. The rising demand for unconventional menus has resulted in the demand for food trucks over the last few years. Moreover, a growing inclination towards purchasing meals from mobile food outlets and street kiosks is observed. According to the Food and Agriculture Organization of the United Nations, more than 2.5 billion people across the world purchase food from mobile food outlets including food trucks daily. Food Trucks Market Segmentation Grand View Research has segmented the global food trucks market on the basis of type, size, food type, and region: Based on the Type Insights, the market is segmented into Expandable, Boxes, Buses & Vans, Customized Trucks, Others.
Based on the Size Insights, the market is segmented into Small, Medium, Large.
Based on the Food Type Insights, the market is segmented into Barbecue & Snacks, Fast Food, Desserts & Confectionery, Bakery, Vegan & Meat Plant, Others.
Food Trucks Regional Outlook
Key Companies Profile & Market Share Insights The market is characterized by the presence of a few established players and new entrants. Companies have been focusing on signing new food truck contracts to widen their consumer base. Some prominent players in the global food trucks market include
Order a free sample PDF of the Food Trucks Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |