Leading Food Trucks Country Markets Databank
The Food Trucks market was valued at $3,930.0 Million in 2020, and is projected to reach $7,727.5 Million by 2029 growing at a CAGR of 7.85% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $1,241.9 Million in 2020, and is anticipated to reach $2,318.0 Million by 2029, registering a CAGR of 7.22%. Asia-Pacific is anticipated to reach $2,243.9 Million by 2029 with the highest CAGR of 9.95%. North America and Europe collectively expected to account for about 61.9% share of the Food Trucks market in 2020, with the former constituting around 31.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 9.95% and 7.22% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 56.0% in the overall Food Trucks market in 2020, and is anticipated to reach 59.0% by 2029.
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