Street Vendors in the US - Industry Market Research Report

Street Vendors in the US - Industry Market Research Report

  • October 2016
  • 34 pages
  • Ibisworld
Report ID: 90320

Rolling along: While the food truck craze wanes, demand for specialty foods will support growth



Abstract

Street Vendors in the US

The Street Vendors industry has surged ahead over the past five years due to renewed consumer demand for unique and gourmet food products. This trend gained momentum as the fast food and food service industries slowed down significantly, as a result of changing consumer tastes and heightened competition. Over the five-year period, many consumers have increased their spending on eating out; nevertheless, many people have still opted for lower-priced items and convenience. Furthermore, the general trend toward healthy eating over recent years has hurt sales for street vendors that offer greasy, high-calorie meals. Yet, despite an increasingly health-conscious consumer base, renewed fascination with street foods in the United States has offset some of these trends. Despite strong recent growth, demand is expected to slow down over the next five years, as this recent fad slowly subsides and the industry becomes saturated.

This industry comprises establishments primarily engaged in preparing and serving meals and snacks for immediate consumption from motorized vehicles or nonmotorized carts. The establishment is the main location from which the caterer route is serviced, not each cart or vehicle. Included in this industry are establishments primarily engaged in providing food services from vehicles, such as 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.



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TABLE OF CONTENTS

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

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Country=UnitedStates Industry=FoodServices ParentIndustry=FoodServices Date=201610 Topic=MarketReport Publisher=Ibisworld Price=1000