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2018 Market Analysis & Industry Outlook: Mobile Food Services & Street Vendors


Overview: the U.S. Mobile Food Services & Street Vendors Industry

Once small and highly localized ventures, mobile food service has now caught the attention of both governments and the restaurant industry by creating viable competition and requiring updated regulation.

The industry includes espresso carts, made-to-order hot trucks, and prepared food carts. Presently mobile food service is primarily an urban enterprise and can play a pivotal role in developing local business economies. The industry faces the unique opportunity, or challenge, to work with local governments to develop appropriate ordinances that suit the realities of this growing industry.

This report provides answers to key questions about the industry:
What is the total market size (industry revenue)?

This report shows the total market size for the Mobile Food Services & Street Vendors industry, comprised of total revenues of both public and private companies over the last five years (2012-2017) and current year estimates.

What is the industry outlook?

The industry Outlook and Forecasts show how the Mobile Food Services & Street Vendors industry is heading over the next five years (2018-2022). Market forecasts account for historical growth, cyclical changes, and general economic outlook.

Market Analysis: Is the market growing or declining, and how quickly?

The Market Analysis section shows the five-year growth trends for Mobile Food Services & Street Vendors, year-by-year from 2012-2017.

Are long-term forecasts positive or negative?

Forecasts for 2018-2022 for the industry show the future growth and market opportunity for Mobile Food Services & Street Vendors companies.

What is the average company size in the industry?

The average number of employees and average revenue for a typical Mobile Food Services & Street Vendors company is charted over time for 2012-2017.

How many companies are in the industry?

Track how many companies compete in the Mobile Food Services & Street Vendors industry, and how the number of companies has changed over the past five years.


Market Size & Industry Statistics

The total U.S. industry market size for Mobile Food Services & Street Vendors: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2013        2014        2015        2016        2017        2018*
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.



market forecast

Forecast / Industry Outlook 2018* 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Mobile Food Services & Street Vendors industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Groceries & Other Food Items For Human Consumption Off The Premises

Alcoholic Beverages Served For Immediate Consumption

Beer, Ale, & Malt Beverages Served For Immediate Consumption

Meals, Unpackaged Snacks, Sandwiches, Unpackaged Ice Cream & Yogurt, Bakery Items, Other Food Items & Nonalcoholic Beverages Prepared

Meals & Snacks Dispensed Via Mobile Vending Service

Nonalcoholic Beverages Dispensed Via Mobile Vending Service

Meals, Snacks, & Beverages Prepared For Catered Events

Meals, Snacks & Nonalcoholic Beverages Served At Catered Events Away From The Caterer's Premises



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Mobile Food Services & Street Vendors company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Mobile Food Services & Street Vendors industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Mobile Food Services & Street Vendors measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

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Chief Executives0%
General and Operations Managers1%
Food Preparation and Serving Related Occupations 81%
Supervisors of Food Preparation and Serving Workers 8%
Supervisors of Food Preparation and Serving Workers 8%
First-Line Supervisors of Food Preparation and Serving Workers 6%
Cooks and Food Preparation Workers 22%
Cooks 13%
Cooks, Institution and Cafeteria 8%
Food Preparation Workers 9%
Food Preparation Workers 9%
Food and Beverage Serving Workers 42%
Fast Food and Counter Workers 25%
Combined Food Preparation and Serving Workers, Including Fast Food 19%
Counter Attendants, Cafeteria, Food Concession, and Coffee Shop 5%
Waiters and Waitresses 10%
Waiters and Waitresses 10%
Food Servers, Nonrestaurant 5%
Food Servers, Nonrestaurant 5%
Other Food Preparation and Serving Related Workers 9%
Sales and Related Occupations 5%
Source: Bureau of Labor Statistics


Mobile Food Services & Street Vendors Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate







Government Contracts

In 2016, the federal government spent a total of $325,410 on Mobile Food Services & Street Vendors. It has awarded 23 contracts to 12 companies, with an average value of $27,118 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount





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