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The United States Food Truck Market Report is Segmented by Type (Vans, Trailers, Customized Trucks, and Expandable Trucks), Application (Fast Food, Vegan and Plant-Based, BBQ and Snacks and More), Size (Up To 15 Feet, 16 To 25 Feet and More), Ownership Model (Independent and Franchise/Chain-affiliated), and Region (Northeast, Midwest and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).
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Food trucks have seen significant growth over the last five years, cementing their position as a standout in the broad food services sector. Notably, this expansion is largely due to evolving consumer tastes shifting in favor of unique, gourmet cuisine offered at prices lower than those in traditional sit-down restaurants. The industry has thrived, with cities like Portland, LA and Austin passing regulations and establishing designated areas for this new wave of culinary delights. The industry revenue stayed resilient despite higher inflationary pressures. Therefore, industry revenue is expected to reach $2.8 billion, with an annualized growth rate of 13.2% over the five years to 2025. However, in 2025 alone, industry revenue is expected to marginally decline 0.2% due to higher tariffs that force most food truck vendors to raise their prices. Nevertheless, not all food truck industry vendors celebrate this success. City regulations, escalating competition, and minuscule profit margins are tripping up some. Food truck-specific laws are not uniform; they differ by city. These laws determine the working hours and conditions for the food trucks, often including specified distances from traditional brick-and-mortar establishments. Indeed, these restaurants often see the food trucks as direct competition and have rallied against the industry. Food trucks will still face significant challenges over the next five years. The most prominent are regulatory roadblocks, stunting industry growth. Parking and other concerns legislation remains a work in progress in many towns as they scramble to accommodate the wave of change. Nonetheless, rising household incomes and the growing interest in convenient yet affordable gourmet cuisine will fuel the industry's expansion. The projected revenue growth over the five years to 2030 is a CAGR of 0.3%, reaching $2.9 billion.
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The global food truck market size was USD 4.90 billion in 2024 & is projected to grow from USD 5.22 billion in 2025 to USD 8.78 billion by 2033.
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 4.90 Billion |
| Market Size in 2025 | USD 5.22 Billion |
| Market Size in 2033 | USD 8.78 Billion |
| CAGR | 6.7% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Type,By Size,By Food Type,By Region. |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM, |
| Countries Covered | U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Singapore, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia, |
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The Food Truck Market Report is Segmented by Vehicle Type (Vans, Trailers, and More), Length (Up To 14 Ft, 14 To 22 Ft, and More), Cuisine/Menu (Fast Food and More), Ownership Model (Independent Operators and More), Powertrain (Internal-Combustion and More), Service Model (Roaming/Event-Based and Semi-Permanent Pods and Parks), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).
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Food Trucks Market Size 2025-2029
The food trucks market size is forecast to increase by USD 2.27 billion at a CAGR of 8% between 2024 and 2029.
The food truck market is experiencing significant growth due to the expanding popularity of street foods and the increasing demand for convenient and affordable eating options. As street foods gain increasing favor among consumers for their convenience and diverse culinary offerings, the demand for mobile food services rises accordingly. Moreover, the rapid urbanization observed globally provides a fertile ground for food truck businesses to thrive, catering to the bustling populations in urban areas and capitalizing on the growth of culinary tourism. However, the market faces challenges, including strict government regulations on the use of food trucks and ensuring food safety and quality. Adhering to these regulations is crucial for food truck operators to maintain customer trust and ensure the success of their businesses. Additionally, the use of technology, such as mobile ordering and contactless payment systems, is becoming increasingly important to meet the changing consumer preferences and expectations.
What will be the Size of the Food Trucks Market During the Forecast Period?
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The food truck market encompasses the operation of mobile food businesses, including vans, trailers, and food carts, that offer a diverse range of cuisines from quick service to gourmet offerings. This market caters to various food preferences, including vegan and meat-based options from barbeque food to snack and specialty beverages.
Food trucks provide unique meal experiences, bridging the gap between traditional restaurant experiences and the convenience of fast food. Millennials have fueled the growth of this market due to their preference for unique food concepts and the desire for authentic, gourmet offerings. Commercial restaurant chains and food services have also embraced the food truck trend, integrating mobile food booths into their business models to expand their reach and cater to diverse customer preferences. The food truck market continues to evolve, offering innovative gastronomy experiences and unique food concepts that keep consumers engaged and satisfied.
How is this Food Trucks Industry segmented and which is the largest segment?
The food trucks industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Fast food
Barbeque and snacks
Desserts and confectionary
Others
Type
Medium-sized food trucks
Small-sized food trucks
Large-sized food trucks
Geography
Europe
Germany
UK
France
Italy
Spain
North America
Canada
US
APAC
China
India
South America
Brazil
Middle East and Africa
By Application Insights
The fast food segment is estimated to witness significant growth during the forecast period.
The Food Truck Market is expected to expand significantly by 2024, with fast food being the largest application segment. Fast food offerings from food trucks include sandwiches, fries, noodles, and other quick-service items. The convenience and affordability of fast food have contributed to its increasing popularity, with approximately 40% of American adults and 70-80% of households consuming it daily, and around 45% of the Chinese population doing so at least once a week. Food trucks offer a variety of menus and unique food concepts, such as vegan, meat plant-based, bakery, and gourmet offerings. They can be found at tourism sites, commercial restaurants, and food festivals, as well as In the form of mobile vans, trailers, buses, and customized trucks. Electrically chargeable vans and stands or kiosks are also gaining popularity.
The Food Truck Market encompasses a wide range of offerings, including desserts, confectionary, specialty beverages, shaved ice, coffee, and barbeque food. The industry caters to diverse consumer preferences and is expected to continue growing due to the increasing demand for unique meal experiences and convenient food options.
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The fast food segment was valued at USD 1.95 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
Europe is estimated to contribute 39% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The European market experienced significant growth in 2024, accounting for a substantial share
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North America Food Trucks Market is projected to reach USD 186.22 million by 2033, growing at a CAGR of 18.47% from 2025-2033.
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The global Mobile Food Truck Market size is predicted to grow from USD 2.44 billion in 2024 to USD 4.71 billion by 2034, reflecting a CAGR of over 6.8% from 2025 through 2034. Prominent industry players include M&R Specialty Trailers and Trucks, Prime Design Food Trucks, Food Cart USA, APEX, Prestige Food Trucks, Shanghai Automotive Industry Corp.
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The food truck market is expected to reach USD 5.8 billion by 2025, expanding at a CAGR of 6.4%. Extending this growth rate, the market is projected to reach USD 10.9 billion by 2035.
| Metric | Value |
|---|---|
| Industry Size (2025E) | USD 5.8 billion |
| Industry Value (2035F) | USD 10.9 billion |
| CAGR (2025 to 2035) | 6.4% |
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Market Size statistics on the Food Trucks industry in the US
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Food Truck Market size was valued at USD 4.52 Billion in 2024 and is projected to reach USD 7.15 Billion by 2031, growing at a CAGR of 5.90% from 2024 to 2031.
Key Market Drivers Increasing consumption of fast food: People are increasingly busy and looking for convenient and affordable food options. Food trucks offer a wide variety of delicious and interesting options that are typically cheaper than traditional restaurants. Rising trend of urbanization: As more people move to cities, there is a growing demand for street food. Food trucks are well-positioned to meet this demand, as they can easily move to different locations to serve customers. Affordability and lower overheads: Compared to brick-and-mortar restaurants, food trucks have lower overhead costs, which allows them to offer competitive prices. This is a major advantage in a market where consumers are increasingly price-conscious.
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Technological advancements in the Food Truck industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.
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The size of the Mobile Food Truck Market was valued at USD 3.1 Million in 2024 and is projected to reach USD 4.85 Million by 2033, with an expected CAGR of 6.6% during the forecast period. Recent developments include: June 2022: Gorkovsky Avtomobilny Zavod (GAZ) unveiled new car types. An example of a vehicle using the GAZelle NN chassis is the food truck. There is flexibility in the layout of this unique and contemporary food truck built on a GAZelle NN chassis., April 2023: Toyota Australia showcased a range of possible uses for its hydrogen fuel cell technology at a national hydrogen showcase in Melbourne with the FCV Express Diner, an inventive fuel cell food truck design., June 2023: Hyzon Motors Inc. and Performance Food Group, Inc. (PFG), a major food and food service distribution company in North America, have entered into a five-fuel-cell electric vehicle (FCEV) sales agreement.. Notable trends are: Flexibility and Mobility is driving the market growth.
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Check Market Research Intellect's Electric Food Truck Market Report, pegged at USD 1.2 billion in 2024 and projected to reach USD 2.5 billion by 2033, advancing with a CAGR of 9.5% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.
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The food truck services market is experiencing significant growth, driven by factors such as the increasing popularity of street food, the convenience factor, and the growing demand for unique culinary experiences. The market is expected to reach a value of $2.9 billion by 2033, growing at a CAGR of 5.6% during the forecast period. The mobile vending segment currently dominates the market, but the online delivery segment is expected to witness substantial growth in the coming years. Geographically, North America holds the largest market share, followed by Europe and Asia Pacific. Key trends shaping the food truck services market include the use of technology for online ordering and payment, the emergence of food truck parks, and the increasing popularity of plant-based and organic food options. However, the market faces challenges such as competition from traditional restaurants, regulatory hurdles, and the need for skilled labor. Some of the prominent companies operating in the market include Stoked Wood Fired Pizza, Tenoch Mexican, and Roxy's Gourmet Grilled Cheese. The market is fragmented, with a large number of small and medium-sized operators. However, consolidation is expected in the coming years as larger players acquire smaller ones to expand their reach and market share.
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Discover the booming mobile food truck market! This comprehensive analysis reveals key trends, growth projections (CAGR 7%, reaching $8.5B by 2033), regional insights, and leading companies. Learn about the impact of electric food trucks, evolving consumer preferences, and future market opportunities.
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The US food truck market is booming, projected to reach $1.77 billion by 2033, fueled by diverse culinary trends, entrepreneurial spirit, and convenient dining. Explore market size, CAGR, segmentation, key players, and future growth projections. Recent developments include: March 2024: The National Park of Boston in the United States announced the call for bids for food truck vendors to operate at the Charlestown Navy Yard through a Request for Bids (RFB) proposal. The administration is willing to lease two spaces identified by the National Park Service (NPS) as suitable for mobile food and beverage vending in the Charlestown Navy Yard at Boston National Historical Park. Further, the administration stated that the minimum rent for the lease is USD 40 per shift per day., April 2023: Aggie Campus Basic Needs Center, Student Housing and Dining Services, and the Division of Student Affairs announced a partnership to launch a food truck brand, AggieEats, to address food insecurity among students at the University of California, Davies, in the United States. The food truck operates in four locations: East Quad, Student Health and Wellness Center, Storer Hall, and West Village, and are open on weekdays between 11:00 am and 2:00 pm.. Key drivers for this market are: Increasing Consumer Preference toward Fast Food Consumption Fosters the Growth of the Market. Potential restraints include: Rapid Integration of Online Food Delivery Services Hampers the Growth of the Market. Notable trends are: The Customized Truck Segment is Expected to Gain Traction Between 2024 and 2029.
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US Food Truck Services Market Size 2024-2028
The US food truck services market size is forecast to increase by USD 634.8 million, at a CAGR of 7.44% between 2023 and 2028.
The Food Truck Services Market in the US is experiencing significant growth, driven primarily by the increasing demand for mobile food services. This trend is fueled by consumers' preferences for convenient, affordable, and diverse culinary options. Moreover, food trucks offer unique and innovative menus, often featuring ethnic and fusion cuisine, which caters to the evolving palates of consumers. Another key driver in the market is the strategic partnerships among companies. These collaborations foster innovation, enhance brand visibility, and create synergies that benefit both parties. However, the market is not without challenges. The potential for food contamination poses a significant risk to both companies and consumers.
Ensuring food safety and maintaining stringent hygiene standards are essential to mitigate this risk and maintain consumer trust. Companies seeking to capitalize on market opportunities must prioritize food safety measures and invest in robust quality control systems. Effective operational planning, including efficient logistics and inventory management, is also crucial to remain competitive in the dynamic food truck services market.
What will be the size of the US Food Truck Services Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The food truck services market in the US continues to evolve, with mobile kitchens gaining significant social media popularity. These mobile kitchens offer cooking facilities, catering to the growing demand for a mobile lifestyle. Specialty beverages and gourmet food trucks are becoming increasingly common, providing an alternative to traditional local fast food. Online food ordering systems enable customers to easily place orders, enhancing the convenience of mobile food services.
Female employees are making their mark in this industry, contributing to its diversity. Urban areas serve as hotspots for food trucks, providing opportunities to cater to social gatherings and diverse populations. Street food companies contribute to the vibrant food scene, offering unique culinary experiences to consumers.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Delivery Mode
Mobile vending
Online delivery
Product
Food
Desserts
Beverages
Type
American
Mexican
Chinese
Thai
Others
Geography
North America
US
By Delivery Mode Insights
The mobile vending segment is estimated to witness significant growth during the forecast period.
The food truck services market in the US has witnessed noteworthy growth in the mobile vending segment. Food trucks, which are a part of this segment, provide a diverse range of ethnic dishes, local fast food, gourmet burgers, vegan goods, and unique cuisine to customers in urban areas and social gatherings. The popularity of social media has significantly contributed to the rise of food trucks, enabling them to reach a wider audience and attract more customers. Food trucks come in various sizes, from extra large vehicles to large vans, allowing companies to offer a comprehensive menu, including specialty desserts, meatless protein, plant-based BBQ, kettle corn, ice cream, and a variety of beverages, both non-alcoholic and alcoholic.
These mobile kitchens cater to the growing demand for convenience and the mobile lifestyle, particularly among Gen Z. The food truck industry's success is further fueled by technology trends, such as online ordering platforms, mobile apps, and customer-driven apps, which streamline the ordering process and provide a seamless experience for consumers. Additionally, food festivals and office parks have become popular venues for food trucks, contributing to increased revenues for companies. Despite the challenges posed by zoning laws and mobile vending regulations, the food truck industry continues to evolve, with gourmet food trucks offering cooking facilities and a focus on gourmet foods and specialty beverages.
The industry's future looks promising, with continued growth expected in the coming years.
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The Mobile vending segment was valued at USD 1.08 billion in 2018 and showed a gradual increase during the forecast period.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to ga
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Access Market Research Intellect's Mobile Food Truck Market Report for insights on a market worth USD 1.3 billion in 2024, expanding to USD 2.5 billion by 2033, driven by a CAGR of 8.5%.Learn about growth opportunities, disruptive technologies, and leading market participants.
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The Food Truck Services market, valued at $1470.71 million in 2025, is projected to experience robust growth, driven by several key factors. The increasing popularity of diverse and convenient food options, coupled with the relatively low overhead costs associated with food trucks compared to traditional restaurants, fuels market expansion. Changing consumer preferences towards unique culinary experiences and the rise of food truck festivals and events contribute significantly to market dynamism. The market segmentation reveals a diverse landscape with mobile vending and online delivery modes gaining traction. Popular food categories include American, Mexican, Chinese, and Thai cuisines, reflecting evolving consumer tastes. Successful companies leverage strategic market positioning, focusing on unique menu offerings, branding, and targeted marketing to differentiate themselves in a competitive market. Technological advancements, such as online ordering platforms and mobile payment systems, are further enhancing accessibility and convenience for customers. While regulatory hurdles and competition pose challenges, the overall market outlook remains positive, with consistent growth projected through 2033. The significant presence of established players like The Halal Guys Inc. and Waffle House Inc., alongside innovative startups, indicates a vibrant and dynamic market structure. The projected Compound Annual Growth Rate (CAGR) of 7.44% signifies considerable growth potential over the forecast period (2025-2033). This growth is expected to be fueled by continued innovation in menu offerings, expansion into new geographical markets, and the increasing adoption of technology to streamline operations and enhance customer experience. Competition is intense, with established players and new entrants vying for market share. Success hinges on factors such as brand building, effective marketing strategies, maintaining food quality and consistency, and navigating the regulatory landscape effectively. The market’s segmentation across delivery modes (mobile vending, online delivery) and product categories (food, desserts, beverages) allows for targeted marketing and operational strategies, catering to the diverse preferences of the consumer base. The geographical focus on the US market indicates substantial opportunity within this region, although international expansion presents potential future growth avenues.
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The size of the US Food Truck Services Market was valued at USD 1.8 Billion in 2023 and is projected to reach USD 2.89 Billion by 2032, with an expected CAGR of 7.0% during the forecast period. Recent developments include: August 2021: Shake Shack debuted its inaugural food truck in Los Angeles. The food truck will serve hot honey chicken sandwiches, hot honey potatoes, and burger fixes.. Key drivers for this market are: Growing urbanization and demand for convenient dining options
Increasing disposable income and willingness to spend on food experiences. Potential restraints include: Regulatory hurdles and strict licensing requirements
Seasonality and weather-related factors. Notable trends are: Automation and technology integration to improve efficiency
Partnerships and collaborations with other businesses for growth and diversification.
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The United States Food Truck Market Report is Segmented by Type (Vans, Trailers, Customized Trucks, and Expandable Trucks), Application (Fast Food, Vegan and Plant-Based, BBQ and Snacks and More), Size (Up To 15 Feet, 16 To 25 Feet and More), Ownership Model (Independent and Franchise/Chain-affiliated), and Region (Northeast, Midwest and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).