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Global Mobile Food Services Market 2019-2023

Global Mobile Food Services Market: About this market

Mobile food service includes a business that serves food and beverages from motorized or non-motorized vehicles. Technavio’s mobile food service market analysis considers the sale of food and beverages. Our analysis also considers the sale of mobile food in APAC, Europe, MEA, North America, and South America. In 2018, the food segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as convenience will play a significant role in the food segment to maintain its market position. Also, our global mobile food service market looks at factors such as rising demand for convenience foods, advantages of mobile food service outlets over brick-and-mortar restaurants, and innovations and customizations in food menus. However, fluctuations in food commodity prices, high propensity toward substitutes, and stringent regulations may hamper the growth of the mobile food service industry.

Global Mobile Food Services Market: Overview

Advantages of mobile food service outlets over brick-and-mortar restaurants

Establishing a mobile food truck requires lesser initial investment compared to brick-and-mortar restaurants. Investing in a mobile food truck offers the flexibility of reaching a wide range of customers and eliminates several complications associated with brick-and-mortar restaurants. Mobile food services enable customers to customize their menus based on their preferences. Also, mobile food service outlets have higher success rates than brick-and-mortar restaurants. These factors are encouraging companies in the food and beverages industry to invest in mobile food services. The advantages of mobile food service outlets over brick-and-mortar restaurants is one of the key factors driving the growth of the global mobile food service market size at a CAGR of almost 5% during the forecast period.

Use of improved equipment and packaging

Mobile food service operators are adopting advanced equipment and sustainable practices in packaging to improve their operational efficiency and achieve cost savings. Several mobile food service operators are replacing aging units with new electronic appliances such as modern refrigerators that comply with new refrigeration standards. Many such advancements among mobile food service operators will have a positive impact on the growth of the global mobile food service market size.

For the detailed list of factors that will drive the global mobile food service market size during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several players, the global mobile food service market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several mobile food service providers, that include Kogi BBQ, Luke’s Lobster Holding LLC, Restaurant Brands International Inc., Subway IP LLC, and YUM! Brands Inc.

Also, the mobile food service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global food service market
      • Table Segments of global food service market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Employment in services, female (% of female employment) 2013-2018
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Food - Market size and forecast 2018-2023
      • Table Food - Market size and forecast 2018-2023 ($ billions)
      • Table Food - Year-over-year growth 2019-2023 (%)
    • Beverages - Market size and forecast 2018-2023
      • Table Beverages - Market size and forecast 2018-2023 ($ billions)
      • Table Beverages - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Marketing initiatives
      • Table Commonly used social media platforms and their advantages
    • Use of improved equipment and packaging
    • Rise in demand for gluten-free food products
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Kogi BBQ
      • Table Kogi BBQ - Vendor overview
      • Table Kogi BBQ - Service segments
      • Table Kogi BBQ - Key offerings
    • Luke's Lobster Holding LLC
      • Table Luke's Lobster Holding LLC - Vendor overview
      • Table Luke's Lobster Holding LLC - Service segments
      • Table Luke's Lobster Holding LLC - Key offerings
    • Restaurant Brands International Inc.
      • Table Restaurant Brands International Inc. - Vendor overview
      • Table Restaurant Brands International Inc. - Business segments
      • Table Restaurant Brands International Inc. - Organizational developments
      • Table Restaurant Brands International Inc. - Geographic focus
      • Table Restaurant Brands International Inc. - Segment focus
      • Table Restaurant Brands International Inc. - Key offerings
    • Subway IP LLC
      • Table Subway IP LLC - Vendor overview
      • Table Subway IP LLC - Business segments
      • Table Subway IP LLC - Organizational developments
      • Table Subway IP LLC - Key offerings
    • YUM! Brands Inc.
      • Table YUM! Brands Inc. - Vendor overview
      • Table YUM! Brands Inc. - Business segments
      • Table YUM! Brands Inc. - Organizational developments
      • Table YUM! Brands Inc. - Geographic focus
      • Table YUM! Brands Inc. - Segment focus
      • Table YUM! Brands Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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