The mobile food services market is forecasted to grow by USD 17.7 bn during 2023-2028, accelerating at a CAGR of 9.48% during the forecast period. The report on the mobile food services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for convenience foods, advantages of mobile food service outlets over brick-and-mortar restaurants, and cost-effective entrepreneurship.
Technavio's mobile food services market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.41% |
CAGR | 9.48% |
Incremental Value | $17.7bn |
By Type
By Application
- Food truck
- Removable container
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the increasing marketing initiatives as one of the prime reasons driving the mobile food services market growth during the next few years. Also, use of improved equipment and packaging and rise in demand for gluten-free food products will lead to sizable demand in the market.
The report on the mobile food services market covers the following areas:
- Mobile food services market sizing
- Mobile food services market forecast
- Mobile food services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mobile food services market vendors that include Belgo Holdings LLC, Chick fil A Inc., Chipotle Mexican Grill Inc., Cocoa Forte Franchising LLC, Courageous Bakery and Cafe, Darden Restaurants Inc, Eat Drink Collective, Kogi BBQ, KoJa Kitchen LLC, Lukes Seafood LLC, McDonald Corp., Ms Cheezious, Phat Cart, Restaurant Brands International Inc., The Grilled Cheeserie, The Subway Group, Waffle Bus, World Famous House of Mac, YUM Brands Inc., and Yumbii. Also, the mobile food services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Mobile Food Services Market 2018 - 2022
- Historic Market Size - Data Table on Global Mobile Food Services Market 2018 - 2022 ($ billion)
- 4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- 4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ billion)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 6.3 Food - Market size and forecast 2023-2028
- Chart on Food - Market size and forecast 2023-2028 ($ billion)
- Data Table on Food - Market size and forecast 2023-2028 ($ billion)
- Chart on Food - Year-over-year growth 2023-2028 (%)
- Data Table on Food - Year-over-year growth 2023-2028 (%)
- 6.4 Beverages - Market size and forecast 2023-2028
- Chart on Beverages - Market size and forecast 2023-2028 ($ billion)
- Data Table on Beverages - Market size and forecast 2023-2028 ($ billion)
- Chart on Beverages - Year-over-year growth 2023-2028 (%)
- Data Table on Beverages - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Application
- 7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 7.3 Food truck - Market size and forecast 2023-2028
- Chart on Food truck - Market size and forecast 2023-2028 ($ billion)
- Data Table on Food truck - Market size and forecast 2023-2028 ($ billion)
- Chart on Food truck - Year-over-year growth 2023-2028 (%)
- Data Table on Food truck - Year-over-year growth 2023-2028 (%)
- 7.4 Removable container - Market size and forecast 2023-2028
- Chart on Removable container - Market size and forecast 2023-2028 ($ billion)
- Data Table on Removable container - Market size and forecast 2023-2028 ($ billion)
- Chart on Removable container - Year-over-year growth 2023-2028 (%)
- Data Table on Removable container - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Chick fil A Inc.
- Chick fil A Inc. - Overview
- Chick fil A Inc. - Product / Service
- Chick fil A Inc. - Key offerings
- 12.4 Chipotle Mexican Grill Inc.
- Chipotle Mexican Grill Inc. - Overview
- Chipotle Mexican Grill Inc. - Product / Service
- Chipotle Mexican Grill Inc. - Key offerings
- 12.5 Courageous Bakery and Cafe
- Courageous Bakery and Cafe - Overview
- Courageous Bakery and Cafe - Product / Service
- Courageous Bakery and Cafe - Key offerings
- 12.6 Darden Restaurants Inc
- Darden Restaurants Inc - Overview
- Darden Restaurants Inc - Business segments
- Darden Restaurants Inc - Key offerings
- Darden Restaurants Inc - Segment focus
- 12.7 Eat Drink Collective
- Eat Drink Collective - Overview
- Eat Drink Collective - Product / Service
- Eat Drink Collective - Key offerings
- 12.8 Kogi BBQ
- Kogi BBQ - Overview
- Kogi BBQ - Product / Service
- Kogi BBQ - Key offerings
- 12.9 KoJa Kitchen LLC
- KoJa Kitchen LLC - Overview
- KoJa Kitchen LLC - Product / Service
- KoJa Kitchen LLC - Key offerings
- 12.10 McDonald Corp.
- McDonald Corp. - Overview
- McDonald Corp. - Business segments
- McDonald Corp. - Key news
- McDonald Corp. - Key offerings
- McDonald Corp. - Segment focus
- 12.11 Phat Cart
- Phat Cart - Overview
- Phat Cart - Product / Service
- Phat Cart - Key offerings
- 12.12 Restaurant Brands International Inc.
- Restaurant Brands International Inc. - Overview
- Restaurant Brands International Inc. - Business segments
- Restaurant Brands International Inc. - Key news
- Restaurant Brands International Inc. - Key offerings
- Restaurant Brands International Inc. - Segment focus
- 12.13 The Grilled Cheeserie
- The Grilled Cheeserie - Overview
- The Grilled Cheeserie - Product / Service
- The Grilled Cheeserie - Key offerings
- 12.14 The Subway Group
- The Subway Group - Overview
- The Subway Group - Product / Service
- The Subway Group - Key news
- The Subway Group - Key offerings
- 12.15 World Famous House of Mac
- World Famous House of Mac - Overview
- World Famous House of Mac - Product / Service
- World Famous House of Mac - Key offerings
- 12.16 YUM Brands Inc.
- YUM Brands Inc. - Overview
- YUM Brands Inc. - Business segments
- YUM Brands Inc. - Key offerings
- YUM Brands Inc. - Segment focus
- 12.17 Yumbii
- Yumbii - Overview
- Yumbii - Product / Service
- Yumbii - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations