MENA Food Truck Market Size Worth USD 230 Million By 2028 | CAGR 5%: Infinium Global Research

Infinium Global Research, a leading market research firm, has released a groundbreaking report that delves into the intricacies of the MENA Food Truck Market, providing a thorough analysis of its segments and sub-segments. This in-depth study highlights the influential drivers, restraints, and macro indicators impacting the MENA and regional Food Truck Market over both the short and long term.

The MENA Food Truck Market has witnessed remarkable growth, with a valuation exceeding USD 170 million in 2022 and a promising projection to surpass USD 230 million by 2028, with a CAGR of nearly 5% during the forecast period. This phenomenal growth is driven by various factors, including the burgeoning popularity of food trucks, their convenient nature, and the evolving consumer preferences towards fast food options.

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A food truck, characterized by its large motorized vehicle or trailer equipped for cooking and serving a variety of foods, has become a significant component of the street food industry that caters to countless individuals daily. These mobile dining establishments range from those offering traditional fast food fare like sandwiches, hamburgers, and French fries to gourmet cuisine with a multitude of specialties and ethnic menus. Food trucks may also serve cold beverages, making them an integral part of the culinary landscape.

While the expansion of mobile dining is accompanied by significant market growth, the Food Truck Market also faces challenges. Government regulations, particularly concerning service tax and traffic rules, can impact the industry's growth. Balancing convenience with changing government regulations is a critical aspect of the food truck business. However, consumer preferences for fast food options continue to create growth opportunities for this dynamic market.

Recent reports by Alpen Capital's GCC Food Industry underline the substantial impact of population growth, high disposable income, urbanization, and evolving consumer preferences in boosting the GCC region's food truck market. Food trucks have also emerged as a new distribution channel, as exemplified by the recent announcement from Saudi Arabia's AlBaik to launch five mobile restaurants in Qatar during the World Cup.

Infinium Global Research's report on the MENA food truck Market covers various segments, including type, size type, and application. Under the type category, the sub-markets include bus, van, and customized trucks. Size type sub-markets encompass small and medium-sized trucks, while application sub-markets include ice cream, barbecue food trucks, snack food, halal food, fast food, fruits & vegetable sellers, and others.

The report also provides in-depth profiles of key companies operating in the market, including WORLD STREET KITCHEN, Food Truck Company, Prestige Food Trucks, Restaurant Brands International Inc., Roaming Hunger, Apparel Group, Krispy Kreme Doughnut Corp., BinHendi Enterprises, Americana Foods Inc., Yum! Brands, and M&R SPECIALTY TRAILERS AND TRUCKS.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Food Truck Market Highlights

2.2. Food Truck Market Projection

2.3. Food Truck Market Country Highlights

Chapter 3. MENA Food Truck Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter`s Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Type

3.4.2. IGR-Growth Matrix Analysis by Size type

3.4.3. IGR-Growth Matrix Analysis by Application

3.4.4. IGR-Growth Matrix Analysis by Country

3.5. Value Chain Analysis of Food Truck Market

Chapter 4. Company Profiles and Competitive Landscape

4.1. Competitive Landscape in the MENA Food Truck Market

4.2. Companies Profiles

4.2.1. WORLD STREET KITCHEN

4.2.2. Food Truck Company

4.2.3. Prestige Food Trucks

4.2.4. Restaurant Brands International Inc.

4.2.5. Roaming Hunger

4.2.6. Apparel Group

4.2.7. Krispy Kreme Doughnut Corp.

4.2.8. BinHendi Enterprises

4.2.9. Americana Foods Inc.

4.2.10. Yum! Brands

4.2.11. M&R SPECIALTY TRAILERS AND TRUCKS

Chapter 5. MENA Food Truck Market by Type

5.1. Bus

5.2. Van

5.3. Customised Trucks

Chapter 6. MENA Food Truck Market by Size type

6.1. Small

6.2. Medium

Chapter 7. MENA Food Truck Market by Application

7.1. Ice Cream

7.2. Barbeque Food Truck

7.3. Snack Food

7.4. Halal Food

7.5. Fast Food

7.6. Fruits & Vegetable Seller

7.7. Others

Chapter 8. MENA Food Truck Market by Country 2022-2028

8.1. Saudi Arabia

8.1.1. Saudi Arabia Food Truck Market by Type

8.1.2. Saudi Arabia Food Truck Market by Size Type

8.1.3. Saudi Arabia Food Truck Market by Application

8.2. UAE

8.2.1. UAE Food Truck Market by Type

8.2.2. UAE Food Truck Market by Size Type

8.2.3. UAE Food Truck Market by Application

8.3. Qatar

8.3.1. Qatar Food Truck Market by Type

8.3.2. Qatar Food Truck Market by Size Type

8.3.3. Qatar Food Truck Market by Application

8.4. Kuwait

8.4.1. Kuwait Food Truck Market by Type

8.4.2. Kuwait Food Truck Market by Size Type

8.4.3. Kuwait Food Truck Market by Application

8.5. Egypt

8.5.1. Egypt Food Truck Market by Type

8.5.2. Egypt Food Truck Market by Size Type

8.5.3. Egypt Food Truck Market by Application

8.6. Sudan

8.6.1. Sudan Food Truck Market by Type

8.6.2. Sudan Food Truck Market by Size Type

8.6.3. Sudan Food Truck Market by Application

8.7. Rest of MENA

8.7.1. Rest of MENA Food Truck Market by Type

8.7.2. Rest of MENA Food Truck Market by Size Type

8.7.3. Rest of MENA Food Truck Market by Application

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of MENA food truck.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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