Global Mobile Food Vehicle Market Expected to Expand
The global mobile food vehicles market is expected to expand at a CAGR of 4.9% during the forecast from 2018 to 2026.
Mobile food vending industry has grown considerably over the last few years, becoming a multi-billion industry globally. The rapid growth experienced by the mobile food vending industry, especially food trucks is majorly attributed to consumer's desire and appreciation for quick, quality, and fresh local food along with a sustainable business option for food vendors.
In addition, to help food vendors expand economic opportunities, mobile food vehicles are also seen as an option for enriching communities by improving access to goods and producing food otherwise not readily available through merchants. Economic uncertainties and strong competition in...
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