India Food Truck Services Market, By Offerings (Food, Beverages, Dessert & Ice Creams); By Cuisine ; By Platform ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

India food truck services market is flourishing due to a quick rise in gastronomy and a rise in young people's preference for unique dining experiences over traditional dining in physical restaurants.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India food truck services market size at USD 152.45 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India food truck services market size to grow at a significant CAGR of 9.23% reaching a value of USD 277.28 million by 2029. Changes in consumer preferences, a rise in the popularity of street food & beverages, urbanization, and the number of working women are the key forces behind the expansion of the India food truck market. The market participants will have new opportunities owing to the addition of specialty drinks and countless other innovative, unusual products on the menu. Together with other factors, on-the-spot availability, and affordable costs are expected to be the primary factors influencing demand for mobile food services. However, stringent government regulations could hamper the growth of the India food truck services market.

India Food Truck Services Market - Overview:

A food truck is a sizable motor vehicle (like a van) or trailer that can prepare, cook, serve, and/or sell food. Some have onboard kitchens and either make meals from scratch or reheat meals that have previously been cooked in a brick-and-mortar commercial kitchen. Some, like frozen dessert trucks, sell frozen or prepackaged food. Local fast food favorites like sandwiches, French fries, and hamburgers are typical. Gourmet food trucks with a variety of specialties and ethnic menus have grown in popularity as a result of the recent trend of pop-up restaurants. Food trucks also sell cold beverages like soda and water.

Impact of COVID-19 on India Food Truck Services Market

India food truck services market was negatively impacted by the COVID-19 pandemic. The demand for food services, especially those provided by food trucks, has decreased owing to the COVID-19 outbreaks. Due to the statewide lockdown, food festivals, weddings, birthday party buffets, and local street food services have all been postponed, which has hampered food truck sales. Sales decreased by 50% nationwide between March and April 2020 owing to store closures brought on by severe lockdown laws.

India Food Truck Services Market - By Offerings

By offerings, India food truck services market is segmented into four categories: desserts, ice creams, non-vegetarian, vegetarian, and vegan. The vegan & meat plant sector is expected to grow at the fastest CAGR throughout the projected period. According to forecasts, there will be a rise in the demand for vegan products and plant-based meat, which will fuel market growth. Food truck vendors are creating innovative vegan meat blend meals to appeal to millennials.

Competitive Landscape:

India food truck services market is highly competitive. Major players in the market include The Lalit Food Truck Company, The Cheese Truck, Bombay Food Truck, SuperSucker Food Truck, Burgertron, Delhi Food Truck Co., Henny's Gourmet, Mumbai Rolling Kitchen, and Go Waffles. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India food truck services market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Food Truck Services Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Food Truck Services Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23334

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Food Truck Services Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rise of social media
  - 3.2.1.2. Increasing Consumer Trends Towards Fast Food and Beverages
- 3.2.2. Restraints
  - 3.2.2.1. Stringent Government Regulations regarding Food
- 3.2.3. Opportunity
  - 3.2.3.1. Growing Popularity of Food Trucks Among Commercial Restaurants
- 3.2.4. Challenges
  - 3.2.4.1. To Maintain and Grow their Consumer Base
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Food Truck Services Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Offerings
  - 4.2.1.1. Food
  - 4.2.1.1.1. Non-Vegetarian
  - 4.2.1.1.2. Vegetarian
  - 4.2.1.1.3. Vegan
  - 4.2.1.2. Beverages
  - 4.2.1.2.1. Alcoholic Beverages
  - 4.2.1.2.2. Non-Alcoholic Beverages
  - 4.2.1.3. Dessert and Ice Creams
- 4.2.2. By Cuisine
  - 4.2.2.1. American
  - 4.2.2.2. Chinese
  - 4.2.2.3. Japanese
  - 4.2.2.4. Mexican
  - 4.2.2.5. Italian
  - 4.2.2.6. Others
- 4.2.3. By Platform
  - 4.2.3.1. Mobile Vending
  - 4.2.3.2. Online Delivery
- 4.2.4. By Region
  - 4.2.4.1. North India
  - 4.2.4.2. South India
  - 4.2.4.3. East India
  - 4.2.4.4. West India

5. North India Food Truck Services Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Offerings
- 5.2.2. By Cuisine
- 5.2.3. By Platform

6. South India Food Truck Services Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Offerings
- 6.2.2. By Cuisine
- 6.2.3. By Platform

7. East India Food Truck Services Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Offerings
- 7.2.2. By Cuisine
- 7.2.3. By Platform

8. West India Food Truck Services Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Offerings
- 8.2.2. By Cuisine
- 8.2.3. By Platform

9. Competitive Landscape

9.1. List of Key Players and Their Offerings
9.2. India Food Truck Services Company Market Share Analysis, 2022
9.3. Competitive Benchmarking, By Operating Parameters
9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

10. Impact of Covid-19 on India Food Truck Services Market

11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

11.1. The Lalit Food Truck Company
11.2. The Cheese Truck
11.3. Bombay Food Truck
11.4. SuperSucker Food Truck
11.5. Burgertron
11.6. Delhi Food Truck Co.
11.7. Henny's Gourmet
11.8. Mumbai Rolling Kitchen
11.9. Go Waffles
11.10. Other Prominent Players

12. Key Strategic Recommendations

13. Research Methodology

13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
13.2. Quantitative Research
13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
13.4. Breakdown of Primary Research Respondents, By Region
13.5. Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC23334

List of Figures

Figure 1 India Food Truck Services Segmentation
Figure 2 India Food Truck Services Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Figure 5 India Food Truck Services Market Share, By Offerings, By Value, 2019-2029
Figure 6 India Food Truck Services Market Share, By Cuisine, By Value, 2019-2029
Figure 7 India Food Truck Services Market Share, By Platform, By Value, 2019-2029
Figure 8 North India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Figure 9 North India Food Truck Services Market Share, By Offerings, By Value, 2019-2029
Figure 10 North India Food Truck Services Market Share, By Cuisine, By Value, 2019-2029
Figure 11 North India Food Truck Services Market Share, By Platform, By Value, 2019-2029
Figure 12 South India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Figure 13 South India Food Truck Services Market Share, By Offerings, By Value, 2019-2029
Figure 14 South India Food Truck Services Market Share, By Cuisine, By Value, 2019-2029
Figure 15 South India Food Truck Services Market Share, By Platform, By Value, 2019-2029
Figure 16 East India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Figure 17 East India Food Truck Services Market Share, By Offerings, By Value, 2019-2029
Figure 18 East India Food Truck Services Market Share, By Cuisine, By Value, 2019-2029
Figure 19 East India Food Truck Services Market Share, By Platform, By Value, 2019-2029
Figure 20 West India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Figure 21 West India Food Truck Services Market Share, By Offerings, By Value, 2019-2029
Figure 22 West India Food Truck Services Market Share, By Cuisine, By Value, 2019-2029
Figure 23 West India Food Truck Services Market Share, By Platform, By Value, 2019-2029

List of Tables

Table 1 India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Table 2 India Food Truck Services Market Size, By Offerings, By Value, 2019-2029
Table 3 India Food Truck Services Market Size, By Cuisine, By Value, 2019-2029
Table 4 India Food Truck Services Market Size, By Platform, By Value, 2019-2029
Table 5 North India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Table 6 North India Food Truck Services Market Size, By Offerings, By Value, 2019-2029
Table 7 North India Food Truck Services Market Size, By Cuisine, By Value, 2019-2029
Table 8 North India Food Truck Services Market Size, By Platform, By Value, 2019-2029
Table 9 South India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Table 10 South India Food Truck Services Market Size, By Offerings, By Value, 2019-2029
Table 11 South India Food Truck Services Market Size, By Cuisine, By Value, 2019-2029
Table 12 South India Food Truck Services Market Size, By Platform, By Value, 2019-2029
Table 13 East India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Table 14 East India Food Truck Services Market Size, By Offerings, By Value, 2019-2029
Table 15 East India Food Truck Services Market Size, By Cuisine, By Value, 2019-2029
Table 16 East India Food Truck Services Market Size, By Platform, By Value, 2019-2029
Table 17 West India Food Truck Services Market Size, By Value (USD Million), 2019-2029
Table 18 West India Food Truck Services Market Size, By Offerings, By Value, 2019-2029
Table 19 West India Food Truck Services Market Size, By Cuisine, By Value, 2019-2029
Table 20 West India Food Truck Services Market Size, By Platform, By Value, 2019-2029
Table 21 The Lalit Food Truck Company - Company Overview
Table 22 The Lalit Food Truck Company Financial Overview
Table 23 The Cheese Truck Company Overview
Table 24 The Cheese Truck Financial Overview
Table 25 Bombay Food Truck Company Overview
Table 26 Bombay Food Truck Financial Overview
Table 27 SuperSucker Food Truck Company Overview
Table 28 SuperSucker Food Truck Financial Overview
Table 29 Burgertron Company Overview
Table 30 Burgertron Financial Overview
Table 31 Delhi Food Truck Co. Company Overview
Table 32 Delhi Food Truck Co. Financial Overview
Table 33 Henny's Gourmet Company Overview
Table 34 Henny's Gourmet Financial Overview
Table 35 Mumbai Rolling Kitchen Company Overview
Table 36 Mumbai Rolling Kitchen Financial Overview
Table 37 Go Waffles Company Overview
Table 38 Go Waffles Financial Overview

India Food Truck Services Market, By Offerings (Food, Beverages, Dessert & Ice Creams); By Cuisine ; By Platform ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Description

Table of Contents

List of Tables

India Food Truck Services Market Size Booming at Significant CAGR of 9.2% to Touch USD 277.3 Million by 2029.

India Food Truck Services Market - Overview:

Impact of COVID-19 on India Food Truck Services Market

India Food Truck Services Market - By Offerings

Competitive Landscape:

Table of Contents

1. Research Framework

2. Executive Summary

3. India Food Truck Services Market Insights

4. India Food Truck Services Market Overview

5. North India Food Truck Services Market

6. South India Food Truck Services Market

7. East India Food Truck Services Market

8. West India Food Truck Services Market

9. Competitive Landscape

10. Impact of Covid-19 on India Food Truck Services Market

11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12. Key Strategic Recommendations

13. Research Methodology

List of Figures

List of Tables