{"id":7561,"date":"2018-04-24T13:24:47","date_gmt":"2018-04-24T13:24:47","guid":{"rendered":"https:\/\/posbistro.com\/blog\/?p=7561"},"modified":"2018-04-24T13:25:12","modified_gmt":"2018-04-24T13:25:12","slug":"food-truck-market-trends","status":"publish","type":"post","link":"https:\/\/posbistro.com\/blog\/food-truck-market-trends\/","title":{"rendered":"Food Truck Market Trends"},"content":{"rendered":"

Food trucks are a very popular vehicle for serving delicious and quick foods to crowds without the high overhead of owning a brick and mortar restaurant.\u00a0<\/span><\/p>\n

QSR<\/span><\/a> states that there are more than 4000 food trucks in the USA with annual sales over $1.2 billion. It furthermore states from IBISWorld that food truck revenue has spiked at a yearly rate of 7.9 percent in just five years. \u00a0<\/span><\/p><\/blockquote>\n

With spring nearly upon us, food trucks are a wonderful option for local workers and residents to enjoy a quick bite for lunch or a snack with friends and colleagues. Read on to gather some trends and ideas for maintaining your food truck operation business this season.<\/span><\/p>\n

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Current Market Trends<\/span><\/h5>\n

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In 2008, when the US recession was shuttering down businesses, restaurants, and retail, the food truck industry started to grow. \u00a0<\/span>Mobile Cuisine<\/span><\/a> observes that during the recession, food trucks began appearing, offering more affordable options for consumers with less overhead for food truck operators. Furthermore, with steady growth, Mobile Cuisine still anticipates the industry will face certain challenges, particularly regulatory issues such as parking laws, which are still adapting and evolving in many cities. Food truck associates may need to work alongside city governments to fuse these disconnects to continue the booming success of food truck hubs in major cities. <\/span><\/p>\n

IBIS<\/span><\/a> quotes that for future success, food truck operators must maintain and control inventory, have close proximity to cities or key markets and have a license to operate. <\/span><\/p>\n

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QSR<\/span><\/a> also anticipates seeing a growing market in private food truck rentals such as at special events like weddings, Bar Mitzvahs, and used as marketing incentives to draw the public in at store openings, and public gatherings such music festivals and other outdoor happenings. <\/span><\/p>\n

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Trends in Food & Beverage<\/span><\/h5>\n

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A few years ago, when food trucks began to find popularity, one may have found a basic assortment of cozy, homemade comforts like mac and cheese, or a good old-fashioned greasy burger. But now with more health-conscious consumers and a larger market for unique and flavorful beverages, trends are changing. Below are some trends <\/span>Mobile Cuisine<\/span><\/a> anticipates seeing in food in 2018: <\/span><\/p>\n