Food Truck Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

By: HDIN Research Published: 2025-06-15 Pages: 85
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Food Trucks Market Summary
Introduction and Market Overview
Food trucks, mobile kitchens offering diverse cuisines, thrive in urban environments, with 68% of the global population projected to live in cities by 2050, driving demand for convenient dining. The 6% growth in global SMEs in 2023 highlights food trucks’ appeal as low-cost entrepreneurial ventures. Social media, with 4.9 billion users in 2023, promotes unique food truck offerings, attracting young consumers. Festivals and events, drawing 1.5 billion tourists in 2023, provide key revenue opportunities. The global food trucks market is estimated at USD 3.0-5.0 billion in 2025, with a CAGR of 7%-11% through 2030, propelled by urbanization, culinary trends, and event economies.

Regional Market Trends
 North America: The U.S. and Canada lead with vibrant food truck cultures and urban markets.
 Asia Pacific: China, India, and Thailand see growth in street food and mobile dining.
 Europe: Germany, France, and the UK focus on gourmet and ethnic food trucks.
 Rest of the World: Brazil and South Africa expand with festival and urban demand.

Application Analysis
 Barbecue & Snacks: Anticipated growth of 7%-11%, valued for casual dining. Trends focus on regional flavors and quick service.
 Fast Food: Expected growth of 8%-12%, preferred for convenience. Trends highlight burgers and tacos.
 Desserts & Confectionary: Projected growth of 6%-10%, fueled by sweet treats. Trends emphasize artisanal ice cream and pastries.
 Bakery: Anticipated growth of 5%-9%, for fresh baked goods. Trends focus on artisanal breads.
 Vegan & Meat Plant: Expected growth of 8%-12%, driven by plant-based diets. Trends highlight sustainable menus.
 Others: Projected growth of 4%-8%, including ethnic cuisines. Trends emphasize global flavors.

Type Analysis
 Expandable: Expected growth of 8%-12%, preferred for flexibility and space. Trends focus on modular designs.
 Boxes: Projected growth of 6%-10%, valued for compact setups. Trends emphasize cost-effective builds.
 Buses & Vans: Anticipated growth of 7%-11%, for unique aesthetics. Trends highlight retro conversions.
 Others: Expected growth of 5%-9%, including carts. Trends focus on mobility and niche markets.

Key Market Players
 Prestige Food Trucks: Builds custom food trucks for diverse cuisines.
 M&R Specialty Trailers: Offers durable food truck designs for entrepreneurs.
 United Food Truck: Supplies high-quality mobile kitchens.
 MSM Catering Trucks: Markets food trucks for fast food and snacks.
 Futuristo Trailers: Provides innovative, expandable food truck designs.

Porter’s Five Forces Analysis
 Threat of New Entrants: High, due to low initial costs, but location permits and brand loyalty create barriers.
 Threat of Substitutes: High, with restaurants and delivery services as alternatives.
 Bargaining Power of Buyers: High, due to diverse food options and price sensitivity.
 Bargaining Power of Suppliers: Low, with abundant food and equipment suppliers.
 Competitive Rivalry: High, driven by innovation in menus, designs, and social media presence.

Market Opportunities and Challenges
Opportunities:
 Addressing 68% urban population growth by 2050 for mobile dining.
 Leveraging 6% SME growth in 2023 for entrepreneurial ventures.
 Utilizing 4.9 billion social media users for brand promotion.
 Targeting 1.5 billion festival tourists in 2023.
 Innovating with plant-based and global cuisine menus.
 Expanding into urbanizing markets like India and Brazil.
Challenges:
 Competing with established restaurants and delivery platforms.
 High costs of custom food truck designs and maintenance.
 Navigating complex location and health permits.
 Addressing consumer concerns about hygiene and quality.
 Managing supply chain disruptions for fresh ingredients.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Food Truck Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Food Truck Market in North America (2020-2030)
8.1 Food Truck Market Size
8.2 Food Truck Market by End Use
8.3 Competition by Players/Suppliers
8.4 Food Truck Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Food Truck Market in South America (2020-2030)
9.1 Food Truck Market Size
9.2 Food Truck Market by End Use
9.3 Competition by Players/Suppliers
9.4 Food Truck Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Food Truck Market in Asia & Pacific (2020-2030)
10.1 Food Truck Market Size
10.2 Food Truck Market by End Use
10.3 Competition by Players/Suppliers
10.4 Food Truck Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Food Truck Market in Europe (2020-2030)
11.1 Food Truck Market Size
11.2 Food Truck Market by End Use
11.3 Competition by Players/Suppliers
11.4 Food Truck Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Food Truck Market in MEA (2020-2030)
12.1 Food Truck Market Size
12.2 Food Truck Market by End Use
12.3 Competition by Players/Suppliers
12.4 Food Truck Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Food Truck Market (2020-2025)
13.1 Food Truck Market Size
13.2 Food Truck Market by End Use
13.3 Competition by Players/Suppliers
13.4 Food Truck Market Size by Type
Chapter 14 Global Food Truck Market Forecast (2025-2030)
14.1 Food Truck Market Size Forecast
14.2 Food Truck Application Forecast
14.3 Competition by Players/Suppliers
14.4 Food Truck Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Prestige Food Trucks
15.1.1 Company Profile
15.1.2 Main Business and Food Truck Information
15.1.3 SWOT Analysis of Prestige Food Trucks
15.1.4 Prestige Food Trucks Food Truck Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 M&R SPECIALTY TRAILERS AND TRUCKS
15.2.1 Company Profile
15.2.2 Main Business and Food Truck Information
15.2.3 SWOT Analysis of M&R SPECIALTY TRAILERS AND TRUCKS
15.2.4 M&R SPECIALTY TRAILERS AND TRUCKS Food Truck Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 United Food Truck
15.3.1 Company Profile
15.3.2 Main Business and Food Truck Information
15.3.3 SWOT Analysis of United Food Truck
15.3.4 United Food Truck Food Truck Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Veicoli Speciali
15.4.1 Company Profile
15.4.2 Main Business and Food Truck Information
15.4.3 SWOT Analysis of Veicoli Speciali
15.4.4 Veicoli Speciali Food Truck Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 MSM CATERING TRUCKS MFG
15.5.1 Company Profile
15.5.2 Main Business and Food Truck Information
15.5.3 SWOT Analysis of MSM CATERING TRUCKS MFG
15.5.4 MSM CATERING TRUCKS MFG Food Truck Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Futuristo trailers
15.6.1 Company Profile
15.6.2 Main Business and Food Truck Information
15.6.3 SWOT Analysis of Futuristo trailers
15.6.4 Futuristo trailers Food Truck Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms
Table Research Scope Of Food Truck Report
Table Data Sources Of Food Truck Report
Table Major Assumptions Of Food Truck Report
Table Food Truck Classification
Table Food Truck Applications
Table Drivers Of Food Truck Market
Table Restraints Of Food Truck Market
Table Opportunities Of Food Truck Market
Table Threats Of Food Truck Market
Table Raw Materials Suppliers
Table Different Production Methods Of Food Truck
Table Cost Structure Analysis Of Food Truck
Table Key End Users
Table Latest News Of Food Truck Market
Table Merger And Acquisition
Table Planned/Future Project Of Food Truck Market
Table Policy Of Food Truck Market
Table 2020-2030 North America Food Truck Market Size
Table 2020-2030 North America Food Truck Market Size By Application
Table 2020-2025 North America Food Truck Key Players Revenue
Table 2020-2025 North America Food Truck Key Players Market Share
Table 2020-2030 North America Food Truck Market Size By Type
Table 2020-2030 United States Food Truck Market Size
Table 2020-2030 Canada Food Truck Market Size
Table 2020-2030 Mexico Food Truck Market Size
Table 2020-2030 South America Food Truck Market Size
Table 2020-2030 South America Food Truck Market Size By Application
Table 2020-2025 South America Food Truck Key Players Revenue
Table 2020-2025 South America Food Truck Key Players Market Share
Table 2020-2030 South America Food Truck Market Size By Type
Table 2020-2030 Brazil Food Truck Market Size
Table 2020-2030 Argentina Food Truck Market Size
Table 2020-2030 Chile Food Truck Market Size
Table 2020-2030 Peru Food Truck Market Size
Table 2020-2030 Asia & Pacific Food Truck Market Size
Table 2020-2030 Asia & Pacific Food Truck Market Size By Application
Table 2020-2025 Asia & Pacific Food Truck Key Players Revenue
Table 2020-2025 Asia & Pacific Food Truck Key Players Market Share
Table 2020-2030 Asia & Pacific Food Truck Market Size By Type
Table 2020-2030 China Food Truck Market Size
Table 2020-2030 India Food Truck Market Size
Table 2020-2030 Japan Food Truck Market Size
Table 2020-2030 South Korea Food Truck Market Size
Table 2020-2030 Southeast Asia Food Truck Market Size
Table 2020-2030 Australia Food Truck Market Size
Table 2020-2030 Europe Food Truck Market Size
Table 2020-2030 Europe Food Truck Market Size By Application
Table 2020-2025 Europe Food Truck Key Players Revenue
Table 2020-2025 Europe Food Truck Key Players Market Share
Table 2020-2030 Europe Food Truck Market Size By Type
Table 2020-2030 Germany Food Truck Market Size
Table 2020-2030 France Food Truck Market Size
Table 2020-2030 United Kingdom Food Truck Market Size
Table 2020-2030 Italy Food Truck Market Size
Table 2020-2030 Spain Food Truck Market Size
Table 2020-2030 Belgium Food Truck Market Size
Table 2020-2030 Netherlands Food Truck Market Size
Table 2020-2030 Austria Food Truck Market Size
Table 2020-2030 Poland Food Truck Market Size
Table 2020-2030 Russia Food Truck Market Size
Table 2020-2030 Mea Food Truck Market Size
Table 2020-2030 Mea Food Truck Market Size By Application
Table 2020-2025 Mea Food Truck Key Players Revenue
Table 2020-2025 Mea Food Truck Key Players Market Share
Table 2020-2030 Mea Food Truck Market Size By Type
Table 2020-2030 Egypt Food Truck Market Size
Table 2020-2030 Israel Food Truck Market Size
Table 2020-2030 South Africa Food Truck Market Size
Table 2020-2030 Gulf Cooperation Council Countries Food Truck Market Size
Table 2020-2030 Turkey Food Truck Market Size
Table 2020-2025 Global Food Truck Market Size By Region
Table 2020-2025 Global Food Truck Market Size Share By Region
Table 2020-2025 Global Food Truck Market Size By Application
Table 2020-2025 Global Food Truck Market Share By Application
Table 2020-2025 Global Food Truck Key Vendors Revenue
Table 2020-2025 Global Food Truck Key Vendors Market Share
Table 2020-2025 Global Food Truck Market Size By Type
Table 2020-2025 Global Food Truck Market Share By Type
Table 2025-2030 Global Food Truck Market Size By Region
Table 2025-2030 Global Food Truck Market Size Share By Region
Table 2025-2030 Global Food Truck Market Size By Application
Table 2025-2030 Global Food Truck Market Share By Application
Table 2025-2030 Global Food Truck Key Vendors Revenue
Table 2025-2030 Global Food Truck Key Vendors Market Share
Table 2025-2030 Global Food Truck Market Size By Type
Table 2025-2030 Food Truck Global Market Share By Type

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Food Truck Picture
Figure 2020-2030 North America Food Truck Market Size And Cagr
Figure 2020-2030 South America Food Truck Market Size And Cagr
Figure 2020-2030 Asia & Pacific Food Truck Market Size And Cagr
Figure 2020-2030 Europe Food Truck Market Size And Cagr
Figure 2020-2030 Mea Food Truck Market Size And Cagr
Figure 2020-2025 Global Food Truck Market Size And Growth Rate
Figure 2025-2030 Global Food Truck Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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