North America Food Trucks Market 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. Medium segment is expected to be the highest contributor to this market, with $1,792.2 Million in 2020, and is anticipated to reach $3,547.0 Million by 2029, registering a CAGR of 7.93%. Medium and Large segments collectively expected to account for about 84.9% share of the Food Trucks market in 2020, with the former constituting around 45.6% share. Medium and Small segments are expected to witness significant growth rates at a CAGR of 7.93% and 7.88% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 60.8% in the overall Food Trucks market in 2020, and is anticipated to reach 61.1% by 2029.
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