Food Truck Market Report 2026

The food truck market size has grown strongly in recent years. It will grow from $4.33 billion in 2025 to $4.63 billion in 2026 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to growth of urban street food culture, lower entry barriers for food entrepreneurs, rising consumer preference for on-the-go dining, expansion of food festivals and events, increasing acceptance of mobile food services.

The food truck market size is expected to see strong growth in the next few years. It will grow to $6.28 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing integration of online food delivery platforms, rising demand for sustainable mobile kitchens, expansion of electric and hybrid food trucks, growing use of data-driven route planning, increasing regulatory support for small food businesses. Major trends in the forecast period include increasing popularity of mobile dining concepts, rising use of digital ordering and payment systems, expansion of specialized cuisine food trucks, growing adoption of eco-friendly food truck designs, enhanced focus on location-based marketing.

The increasing popularity of street food is expected to drive the growth of the food truck market in the coming years. Street food refers to prepared, ready-to-eat meals sold by vendors on streets and in other public locations. It is generally more affordable than dining at restaurants, making it an attractive option for budget-conscious consumers. Food trucks have become a preferred channel for selling street food, as they provide advantages over traditional brick-and-mortar establishments, including greater mobility, the ability to reach a broader customer base, and increased flexibility in operating hours. For example, in 2024, Street Food Expo, a UK-based industry publication, reported that more than 7,000 street food trucks were operating across the United Kingdom in 2023. Additionally, 50% of UK consumers purchased food from a street food van at least once per week, and 64% were willing to spend more than the average daily lunch cost on street food offerings. As a result, the rising appeal of street food is contributing to the expansion of the food truck market.

Leading companies in the food truck market are focusing on developing innovative products such as fuel cell food trucks, which provide a more sustainable and energy-efficient alternative to traditional diesel-powered vehicles. Fuel cell food trucks are powered by hydrogen fuel cells, which produce electricity through a chemical reaction between hydrogen and oxygen, offering a cleaner and more environmentally friendly energy source compared to conventional diesel or gasoline engines. For example, in April 2023, Toyota Australia, a manufacturing company based in Australia, introduced the FCV Express Diner. Toyota’s FCV Express Diner is a mobile food truck concept powered by hydrogen fuel cell technology, highlighting the versatility of hydrogen as a clean energy solution. It uses the same powertrain as the second-generation Mirai sedan, providing a range of up to 400 km and supplying electricity for cooking and other external needs.

in June 2023, Shore Capital Partners LLC, a Chicago-based private equity firm, announced a partnership with Roaming Hunger Inc., although the financial details were not disclosed. This strategic partnership is expected to create a platform that supports the success of food trucks and other mobile vendors. Through this collaboration, Roaming Hunger is poised to continue serving the food truck industry by offering various revenue-generating opportunities to food truck owners, caterers, and pop-up operators. Roaming Hunger Inc. is a provider of food truck booking services based in the United States.

Major companies operating in the food truck market are The Fud Trailer, VS Veicoli Speciali, Bostonian Body Inc., Futuristo Trailers Manufacturer, United Food Trucks LLC, Mallaghan Engineering Ltd., Prestige Food Trucks, MRA Mobile Experiential, Cafe2U Pty Ltd, Roaming Hunger Inc., Kona Ice Inc., Custom Concessions, Food Truck Company B.V., M&R Speciality Trailers And Trucks, MSM Catering Trucks Manufacturing Inc., Good Food Truck Company, World Street Kitchen, Kogi Korean BBQ, Epicurean Mobile Kitchens, Off the Grid Food Trucks, Cousins Maine Lobster, Big Gay Ice Cream Truck, The Grilled Cheese Truck, Nomad Food Trucks, Street Kitchen Co Ltd.

North America was the largest region in the food truck market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food truck market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food truck market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The food truck market includes revenues earned by entities by providing services such as catering, outdoor dining, marketing and brand promotion. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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