Tagged: fast food

Did You Know?: Food Trucks Are Taking Over the World

If you live in any urban city you should know what a food truck is. If you leave your house most days of the week, you’ve probably seen them popping upĀ everywhere. Actually, you don’t even have to live in a major city nor in a hip neighborhood. They are literally everywhere. Even if you can’t see them, you’ve definitely heard of them. People tell you they’re awesome, expensive, dirty and annoying. Though many of those things could quite possibly be true, we can’t deny that they are taking over the world. Is that good or bad? I’ll leave that for you to decide.

According to Emergent Research, the presence and revenue of food trucks will increase 3-4% within the next five years. That’s pretty fucking fast and they’re making a lot of money. Revenue is expected to increase to $2.7 billion to be exact, says Small Business Labs.

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Not only are food trucks being developed by innovators with unique ideas, but major figures in the game we’re already very familiar with are jumping on the street food bandwagon. A good amount of fast-food companies have admitted to considering to add food trucks to their business. Chains like Chick-fil-A, Burger King and TCBY have already hit the road….which is ridiculous. If any fast-food chain needs a food truck, it’s definitely In-n-Out.

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And for obvious reasons, starting food trucks are much cheaper. Like cheap as shit compared to brick and mortars. With the economy being amazing and all, people still gotta find ways to make their dreams come true right? USA Today lays out how the need for food and low production costs are contributing to this growing phenomena.

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For more really interesting trends and statistics pertaining to food trucks, take a look at the completeĀ Emergent Research’s 2012 Food Truck Report.