Technavio has been monitoring the mobile food services market and it is poised to grow by USD 5.03 billion during 2019-2023, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The global mobile foodservice market size will grow by USD 5.03 billion during 2019-2023, according to @Technavio
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Kogi BBQ, Luke’s Lobster Holding LLC, Restaurant Brands International Inc., Subway IP LLC, and YUM! Brands Inc. are some of the major market participants. The benefits of mobile food service will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The benefit of mobile food service has been instrumental in driving the growth of the market.
Mobile Food Services Market 2019-2023: Segmentation
The mobile food services market is segmented as below:
• Geographic Landscape
o North America
o South America
Mobile Food Services Market 2019-2023: scop
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mobile food services market report covers the following areas:
• Mobile Food Services Market Size
• Mobile Food Services Market Trends
• Mobile Food Services Market Industry Analysis
This study identifies a rising demand for gluten-free food products as one of the prime reasons for driving the mobile food services market growth during the next few years.
Mobile Food Services Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the mobile food services market, including some of the vendors such as Kogi BBQ, Luke’s Lobster Holding LLC, Restaurant Brands International Inc., Subway IP LLC, and YUM! Brands Inc. Backed with competitive intelligence and benchmarking, our research reports on the mobile food services market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.