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The food truck market size crossed USD 4.3 billion in 2023 and is projected to observe around 5% CAGR from 2024 to 2032, driven by the rising demand for convenient and diverse dining options.
In the grand food truck rally of nations, China has pulled ahead. Their quality-driven manufacturing and wallet-friendly prices are turning heads. Second-hand food truck agents, take heed: the winds of change blow from the East.
14 Οκτ 2024 · The China food service market size was USD 454.80 billion in 2022. The market is projected to grow from USD 504.52 billion in 2023 to USD 1,061.16 billion by 2030, exhibiting a CAGR of 11.21% during the forecast period. Foodservice outlets serve meals and snacks on-premise or take away.
The country research report on China food truck market is a customer intelligence and competitive study of the China market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the China market.
The China Foodservice Market size is estimated at USD 560.11 billion in 2024, and is expected to reach USD 694.76 billion by 2029, growing at a CAGR of 4.40% during the forecast period (2024-2029).
31 Οκτ 2023 · Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, coffee & tea shop, and pub, club & bar) within the China foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
Regarding China’s food supply and demand, Lester R. Brown forecast that the net-import volume for food would be 151 million tonnes in 2010, 258 million tonnes in 2020, and 370 million tonnes in 2030.
