Which regional segment accounted for the largest food trucks market share? As of 2022, the global Food Truck market was estimated at . In the 12 years of data, sugar has shown the biggest variation of prices with the lowest price in 2007 being 31% of the highest price in 2011. The global food trucks market is expected to grow at a compound annual growth rate of 6.8% from 2021 to 2028 to reach USD 6.63 billion by 2028. b. Europe dominated the food trucks market with a share of 29.8% in 2020. As this data is in real terms it reflects how food price inflation compares to overall inflation. to incorporate the statistic into your presentation at any time. Barbecue food trucks have gained significant popularity in the past couple of years, with major truck operators offering a unique fusion of barbecue food to gain customers from younger generations. Then there's the continued Rise of Middle Eastern food. Please do not hesitate to contact me. Learn more about how Statista can support your business. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. A surge in gastronomy across the globe coupled with the rising preference of consumers between the age group of 16-34 years towards new meal experience over conventional brick and mortar restaurant experience is expected to drive food trucks market demand throughout the forecasted period. The presence of well-established manufacturers in Asia Pacific, such as Hanyi Machine and Ante Trailers, along with the growing demand for street food, is expected to support the market growth. The ideal entry-level account for individual users. A surge in gastronomy across the globe coupled with the rising preference of consumers between the age group of 16-34 years for new meal experience over conventional brick and mortar restaurant experience is expected to drive the market over the forecasted period. Averaged over all households, 14.4% (69.20) of household expenditure went on food in 2020-21. (NISRA), Labour Market Statistics- Employee jobs by industry (, Download the data for this chart in .csv format: 760 KB, Download the data for this chart in .csv format: 1.36 KB, Download the data for this chart in .csv format: 1.03 KB, Download the data for this chart in .csv format: 401 KB, Download the data for this chart in .csv format: 2 KB, Download the data for this chart in .csv format: 2.81 KB, Living Standards, Poverty and Inequality in the UK, 2021; Institute for Fiscal Studies, Consumer Price Index including owner occupiers housing costs (CPIH) (, Soil Association Certification Organic Market Report 2021. To use individual functions (e.g., mark statistics as favourites, set Food and drink manufacturers directly employ over 468,000 people across every region and nation of the UK, an increase of 3.4% from 2020. This means the food truck industry is actually outgrowing, the commercial and restaurant industry.
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