Report cover image

Street Vendors in the US - Industry Market Research Report

Publisher IBISWorld
Published Jan 31, 2024
Length 45 Pages
SKU # IBSS18494396

Description

Street Vendors in the US - Industry Market Research Report


Street Vendors in the US

Street vendors are poised to rebound following major disruptions that came as a result of COVID-19. These vendors have seen growth through the end of 2023 because of heightened consumer demand for unique food products and more outdoor gatherings, though revenue also benefited later in 2020 due to falling demand for indoor dining. Street vendors prepare and serve food and beverages for consumption from vehicles and carts, limiting initial capital costs and expanding appeal for vendors attempting to enter the food service sector for the first time. IBISWorld expects street vendor revenue to swell at a CAGR of an estimated 8.8% to reach $2.8 billion through the end of 2023. The food truck craze began to take hold just prior to the current period and has since outperformed the broader food service sector. This steady expansion will continue, with revenue anticipated to boost 1.1% in 2023 alone.

Street vendors comprise establishments primarily engaged in preparing and serving meals and snacks for immediate consumption from motorized vehicles or nonmotorized carts. An establishment is the main location from which the caterer route is serviced, not each cart or vehicle. Included are establishments primarily engaged in providing food services from vehicles, like hot dog carts and ice cream trucks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

45 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us