Mobile food service outlets require a lower initial investment than brick-and-mortar restaurants. Food trucks can also cater to a wide range of customers by customizing their menus according to the cultural preferences of the customers in the vicinity.
Factors such as inexperience in the food industry, location and real estate issues, lack of investment capital, mismanagement, and pricing structure lower the success rate of brick-and-mortar restaurants. This is why financial institutions prefer to invest in mobile food service outlets over brick-and-mortar restaurants because of their relatively high success rate. The versatility and food quality control offered by food trucks are further boosting its popularity among consumers.
In 2018, the global Mobile Food Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Mobile Food Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Mobile Food Services development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Kogi BBQ
Luke’s Lobster Holding LLC
Restaurant Brands International Inc.
Subway IP LLC
YUM! Brands Inc.
...
Market segment by Type, the product can be split into
Food
Beverages
Market segment by Application, split into
Removable Container
Food Truck
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Mobile Food Services status, future forecast, growth opportunity, key market and key players.
To present the Mobile Food Services development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Mobile Food Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Mobile Food Services. Industry analysis & Market Report on Mobile Food Services is a syndicated market report, published as Global Mobile Food Services Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Mobile Food Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.