A Chart Of The Mobile Food Industry In The Us Rising demand for convenient meals and mobile applications for food delivery are the driving factors of the mobile food services market Which are the top companies operating in the mobile food services market
Expert industry market research on the Food Trucks in the US 2014 2029 Make better business decisions faster with IBISWorld s industry market research reports statistics analysis data trends and forecasts The mobile food services market had an estimated market share worth US 21 billion in 2022 and it is predicted to reach a global market valuation of US 40 28 billion by 2033 growing at a steady CAGR of 6 1 from 2023 to 2033
A Chart Of The Mobile Food Industry In The Us
A Chart Of The Mobile Food Industry In The Us
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Mobile Food Services Market size is estimated to grow by USD 17 7 billion from 2024 to 2028 at a CAGR of 9 with the food having largest market share Rising demand for convenience foods will be a key driver fueling the mobile food services growth during the forecast period There are over 35 000 food trucks spread across the cities with more than 14 000 people employed in the industry The shift in consumer preference especially the millennial and Gen Z group toward gourmet foods and unique adventurous food concepts is propelling the demand for these food truck services in the U S
It is expected to continue growing at a CAGR of 6 04 reaching USD 34 15 billion by 2030 The mobile food services industry encompasses a dynamic market characterized by the sale of prepared food and beverages from mobile vehicles or temporary setups including food trucks carts and trailers USDA Economic Research Service ERS conducts research on foodservice outlets facilities that serve meals and snacks for immediate consumption onsite food away from home FAFH USDA ERS examines the size of this growing market and its major market segments including limited service and full service outlets
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Mobile Food Services Market size was valued at 640 46 Mn in 2023 and is projected to reach 1003 16 Mn by 2030 growing at a CAGR of 8 84 from 2024 2030 It s being expected that by 2032 the Mobile Food Services market cap will hit US 37 61 Billion at a CAGR growth of about 6 Covid 19 Impact Market Status The outbreak of covid 19 across the world played a huge strain on the Mobile Food Services market in the year 2020
NEW YORK May 30 2022 PRNewswire The mobile food services market size is set to grow by USD 7 24 billion from 2021 to 2026 progressing at a CAGR of 5 94 according to the latest market The Global Restaurants and Mobile Food Services Market was at USD 8 06 billion in 2023 and is anticipated to reach a valuation of USD 14 21 billion by 2032 from USD 8 58 billion in 2024 registering a CAGR of 6 50 during the forecast period 2024 to 2032
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Rising demand for convenient meals and mobile applications for food delivery are the driving factors of the mobile food services market Which are the top companies operating in the mobile food services market
https://www.ibisworld.com › united-states › industry › food-trucks
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A Chart Of The Mobile Food Industry In The Us - New York United States Aug 27 2024 GLOBE NEWSWIRE The Global Mobile Food Services Market Size is to Grow from USD 22 30 Billion in 2023 to USD 42 30 Billion by 2033 at a Compound