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Analyst Opinions
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Foodservice Insights & Trends – Street Food
Time-poor consumers are demanding ‘ultra-convenient’ meal solutions that can be consumed on the go. Traditionally, this has been an audience captured by QSR. However, street food operators, including trucks, markets and kiosks, are gaining prominence. Mobile operators benefit from avoiding ever-rising rental prices and having flexibility in where they operate. Offering opportunities for impulse consumption, street food operators are able to capitalize on a fear of missing out (FOMO). The climate of street food market varies between developed and developing...
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