Industry Analysis & Industry Trends
The Food Trucks industry has only grown in strength over the past five years, and is one of the best performing segments in the broader food-services sector. The industry's remarkable rise began in 2008, just as the recession hit, as hundreds of new vendors recognized changing consumer preferences favoring unique, gourmet cuisine. Cities such as Portland, Oregon, Los Angeles and Austin sought to differentiate themselves by crafting laws and creating areas specially designed for mobile food trucks. While the recession put the brakes on the broader food-services sector in 2008-09, it was in fact a boon for the Food Trucks industry as consumers sought to maximize their disposable income by indulging in small conveniences such the affordable gourmet food.... purchase to read more
Industry Report - Industry Products Chapter
Many operators have entered the Food Trucks industry for its low operating costs and because the business allows chefs and entrepreneurs to create innovative food that consumers are increasingly gravitating toward. As such, food trucks that offer ethnic cuisines, fusion food and new flavors have performed exceptionally well.
Traditional American dishes such as pizza, hamburgers and sandwiches represent the largest product segment within this industry. Within this segment, burgers account for the majority of sales, mirroring the popularity of this American staple... purchase to read more