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North America Food Trucks Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

North America Food Trucks Market: By Solution (Vehicles Sales, Parts & Accessories, and Repair & Services); Vehicle Type (Full-Size Van (Cargo van, Step vans, Bus), Cutaway or Pickup Truck, Food Trailer, Box Truck, and Others); Fuel Type (Diesel, Petrol, Electric, Bio-Diesel, and CNG); Application (Street food truck, Gourmet food truck, Fast food truck, Vegan food truck, BBQ food truck, and Others); and Country)—Industry Dynamics, Market Size, Opportunity and Forecast till 2031

  • Published Date: Apr-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0423385  | Delivery: 2 to 4 Hours


The Food Truck market has been estimated to be from USD 23.87 million in 2022 to USD 137.19 million by 2031, at a CAGR of 18.47% during the forecast period.

Rising urbanization and inclination towards fast food and beverages is creating an opportunity for market expansion.

Vehicle Sales, Parts & Accessories, and Repair & Services are the offerings provided by the market.

Increase in the number of Health-conscious people across the region is hampering the market.

The box truck segment dominated the market in 2022, with around 37% of the market share.

In terms of Application, the fast-food truck segment holds the maximum market share in 2022.

Rise in Plant-based Dieting is the upcoming trend in the market.

The market growth in the U.S.A. is anticipated to be driven by the higher preference for fast food and beverages from street vendors.

The food truck market has been under a lot of economic strain due to the COVID-19 pandemic. The pandemic outbreak had a significant negative impact on food traffic in business district areas, which are home to many food truck owners. Various US economic sectors experienced slow growth during the pandemic.

The growing inclination of consumers towards gourmet offerings and unique food concepts and increased expenditure on dining out are the driving factors of the market.

Key players in the food truck market include competitors such as ALL-AMERICAN FOOD, TRUCKS, Bostonian Body, Inc., EasyTracGPS, Inc., Food Truck Company B.V., Futuristo Trailers, Good Food Truck Company, M&R Trailers, MSM Catering Trucks Manufacturing, Prestige Food Trucks, Roaming Hunger, The Fud Trailer Company, United Food Trucks United LLC, and VS VeicoliSpeciali among others.