Industry Analysis & Industry Trends
While the larger food-service sector relies on buoyant consumers to drive revenue, the Street Vendors industry has not been as susceptible to volatility in consumer spending and confidence over the past five years. In the five years since the recession, many consumers spent less on discretionary items such as food purchases. However, street vendors were largely able to avoid these potential hindrances by selling food that is even cheaper than traditional fast food restaurants. The public's newfound obsession with food trucks will likely subside over the next five years, but sustained interest from major metropolitan areas will still present some opportunities for growth... purchase to read more
Industry Report - Industry Locations Chapter
Like all general food-service operators, the industry is located in areas which have a large population and, therefore, also an industry or establishment and employee base to be serviced.
Compared to the population spread, the industry is more heavily concentrated in the Great Lakes, Mid-Atlantic and the West regions. It is, therefore, more concentrated in the most populated cities, and particularly, in the central parts of these metropolitan areas. These areas generally have a high concentration of workers, people in transit or who are attending sporting events, major concerts or festivals that can take advantage of a mobile food van's convenience... purchase to read more