Food Trucks: Global Markets

Jan 2023| FOD115A| BCC Publishing

Report Highlights

The global market for food trucks is estimated to increase from $19.4 billion in 2022 to reach $26.3 billion by 2027, at a compound annual growth rate (CAGR) of 6.2% from 2022 through 2027.

Report Includes

  • 44 data tables and 39 additional tables
  • An up-to-date overview of the global market for food trucks within the food and beverage industry
  • Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Understanding of the upcoming market potential and industry growth drivers and opportunities in the food trucks industry with a holistic review of Porter’s Five Forces model and SWOT analysis covering major regions and countries involved in market development
  • Estimation of the actual market size and revenue forecast for the food trucks market in USD million values, and corresponding market share analysis based on the type of service, vehicle/food truck type, food type, and region
  • In-depth information (facts and figures) about the major market dynamics, food safety regulations, technology advancements, and competitive environment of the leading global players
  • Discussion of underlying political, economic, sociocultural, technological, legal, and environmental trends and concerns that may influence the nature and size of this market
  • Competitive landscape of the leading market participants in food trucks industry, their business segments, company revenue share analysis, product portfolio, and recent key developments
  • A relevant patent analysis with review of patents granted on food trucks systems from 2019 to 2022
  • Profile descriptions of the leading market participants, including Cafe2U, Kentucky Fried Chicken, Kogi Korean BBQ, Kona Ice, Pizza Hut LLC, and Tim Hortons Inc.

Report Scope

This report segments the market by food truck type, food type, serving type, and region. The report provides an overview of the global food truck market and analyzes market trends. Using 2021 as the base year, the report estimates market data for the forecast period 2022 through 2027. Market values have been calculated based on the total revenue of food truck providers.

By serving type the food truck market is segmented into dine-in and takeaway segments. Based on food type, the market is divided into Ice cream, BBQ, fast food, beverages, Asian, and some others. By truck type, the food truck market is segmented into trucks, vans and buses, and others. Geographic regions in the report are North America, Europe, Asia-Pacific, and the Rest of the World (South America, the Middle East, and Africa). Revenue forecasts from 2022 to 2027 are given for the food truck market’s segments mentioned above, with estimated values derived from solutions and service providers’ total revenue.

Frequently Asked Questions (FAQs)

The Food Trucks market is projected to grow from $17.93 Billion in 2021 to $26.25 Billion in 2027 at a compound annual growth rate (CAGR) of 6.2% during the forecast period.
The key factors driving the growth of the Food Trucks market include, the Raising demand for fast-serving food, Food trucks provide authentic food at the best prices compared to traditional restaurant spaces boosting the market growth.
The Food Trucks market is segmented on the basis of truck type, Food type, serving type, and region.
Fast food is already dominating and is likely to continue its dominance till 2027.
North America holds the highest share of the global market.
Key companies in the market includes Kona Ice, Cafe2U, McDonald’s, Baskin-Robbins, KFC, Burger King, Dominos, Taco Bell, Starbucks, Pizza Hut, and some others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $17.9 billion
Market size forecast $26.3 billion
Growth rate CAGR of 6.2% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered Type of Service, Food Truck Type, Food Type, and Region
Regions covered North America, Europe, Asia-Pacific, and the Rest of the World (South America, the Middle East, and Africa)
Key Market Drivers
  • Rising Demand for Fast Service
  • Better Prices Compared to Traditional Food Spaces
Companies studied
  • TOPPERS PIZZA
  • BASKIN-ROBBINS
  • BURGER KING CORP.
  • CAFE2U
  • CHICK-FIL-A
  • DAIRY QUEEN CORP.
  • DOMINO'S PIZZA INC.
  • DUNKIN BRANDS INC.
  • JACK IN THE BOX INC.
  • KENTUCKY FRIED CHICKEN
  • KOGI KOREAN BBQ
  • KONA ICE
  • MCDONALD'S CORP.
  • PAPA JOHNS INTERNATIONAL INC.
  • PIZZA HUT LLC.
  • STARBUCKS CORP.
  • TACO BELL CORP.
  • TIM HORTONS INC.
  • THE WENDYS CO.

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Food Trucks: Global Markets130Free
Chapter- 1: Introduction9Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview16Free
Chapter- 4: Market Dynamics2Free
Chapter- 5: Market Breakdown by Type of Service6Free
Chapter- 6: Market Breakdown by Type of Vehicle9Free
Chapter- 7: Market Breakdown by Type of Food13Free
Chapter- 8: Market Breakdown by Region35Free
Chapter- 9: Competitive Landscape3Free
Chapter- 10: Company Profiles35Free
Food Trucks: Global Markets

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