Food Truck Market Outlook (2025–2034): A Sizzling Growth Journey Ahead!

The global food truck market is on a strong growth trajectory. It is projected to rise from USD 5.82 billion in 2025 to USD 10.09 billion by 2034, growing at a CAGR of 6.34 percent. This surge is fueled by rising investments from small business entrepreneurs and the increasing demand for fast, mobile food services. Food trucks are becoming a popular and practical solution in urban areas around the world.

Regional Insights – Who Is Leading the Market

Europe – Market Leader in 2025

Europe led the food truck market in 2025, driven by growing demand for popular local street foods such as paella, goulash, currywurst, and pizzas. Italy, in particular, has embraced food trucks due to a combination of increasing tourism and a booming fast-food startup scene. In December 2024, Pizzeria Loco launched a new food truck in London to serve a variety of pizza options.

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Asia Pacific – Fastest Growing Region

Asia Pacific is expected to grow at the highest rate through 2034. Countries including Japan, India, China, and Australia are seeing growing interest in street food culture. In India, the Imerys Group partnered with the TREEI Foundation to launch a food truck service supporting the LGBTQ community. In Japan, a vibrant street food scene featuring ramen, sushi, tempura, and more is fueling expansion.

Type Insights – Which Food Trucks Are Most Popular

Box-Type Trucks

Box-style food trucks were the most dominant type in 2025. Their flexibility, spacious interiors, and ease of customization make them ideal for restaurant chains expanding to underserved areas. Collaborations between food chains and truck manufacturers are helping box trucks maintain their leadership in the market.

Buses and Vans

This segment is growing the fastest. Buses and vans are popular for their mobility, compact size, and lower costs. Many startups prefer vans to quickly launch food services across cities. Their affordability and flexibility make them ideal for reaching dense, high-traffic areas.

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Truck Size Insights – Medium Dominates, Large on the Rise

Medium-Sized Trucks

Medium food trucks were the leading segment in 2025. Their size makes them ideal for vendors who want a balance between kitchen space and mobility. These trucks are frequently used in tourist destinations such as Vietnam, France, and Thailand. They offer enough space for kitchen equipment while remaining cost-effective and easy to maneuver.

Large-Sized Trucks

Large trucks are expected to grow at the fastest pace during the forecast period. These vehicles are favored by established food service brands for their ability to support complete kitchens, including grills, ovens, and refrigeration. Countries such as China, Canada, and Italy are seeing a rise in the use of these larger food trucks.

Food Type Insights – Fast Food Leads, Barbecue and Snacks Gaining

Fast Food

Fast food held the largest market share in 2025. It is especially popular among middle-aged consumers and working professionals due to its affordability and convenience. Strategic partnerships between fast food brands and mobile vendors are also driving market growth.

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Barbecue and Snacks

This segment is expected to grow significantly over the next decade. Popular items such as chicken, burgers, brisket, and regional snacks like samosas and patties are drawing more customers to food trucks. Collaborations between snack producers and mobile vendors are creating new business opportunities.

Key Industry Trends

  • Electrically powered food trucks are gaining traction due to environmental concerns and cost efficiency.

  • There is rising interest in vegan and plant-based food trucks, especially in western countries.

  • The 18 to 33 age group is driving demand for fast, diverse, and high-quality street food options.

  • Creative food truck concepts are emerging, such as nightlife-focused services and inclusion-based themes like LGBTQ community outreach.

Recent Developments

  • In June 2025, Boston Mayor Michelle Wu announced a new food truck program to enhance nightlife in the city.

  • Cousins Maine Lobster introduced a food truck in Wisconsin to serve the Milwaukee area.

  • ACME Chicken Bowls launched new trucks in Owensboro and Evansville to provide high-protein meals to customers.

Logistics and Distribution – A Critical Backbone

As the food truck industry continues to expand, logistics and distribution are becoming more important than ever. From reliable supply chains to smart kitchen equipment integration, efficient logistics play a key role in ensuring smooth daily operations and enabling growth.

Final Thoughts

The food truck market is evolving quickly, becoming a vibrant part of modern food culture. With increasing investments, consumer demand, and innovation, the road ahead is full of exciting opportunities for both existing brands and new entrants. Whether you are a foodie, entrepreneur, or investor, the food truck industry offers a dynamic and promising future.

Source : https://www.towardsautomotive.com/insights/food-truck-market-sizing

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