Street Food – The Market Potential

Street Food – The Market Potential

The concept of street food started in Asia, is huge in America and is rapidly growing in Europe especially in the UK. The quality and variety of food now available is way above what used to be the domain of the burger or kebab van. Right now, street food is eaten at markets, at special events, in disused warehouses, at food festivals and on the high street. There are dedicated street food events popping up all over the country, and on any given weekend, there’s a high chance you’ll find a street food trader serving up some high quality, delicious dishes in most major towns and cities across the UK.

For consumers, street food presents a low-cost opportunity to try authentic, unusual flavours and global cuisines. In the UK the variety of street food available is huge and includes dishes such as...

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Sustainable Pan-Asian styles

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Vegan Indian Cuisine

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Nutritious Deserts

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Sustainable Meat & Meat-Free Burgers

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African Style tagines

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European Styles using locally sourced ingredients

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Eastern Influenced Sustainable cuisine

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Scandinavian Street Gastronomy

Research tells us that the street food bubble isn’t about to burst anytime soon, far from it. In the next 12 months, 47% of consumers plan to eat more street food than they do already.

By 2020 Local authorities will have had their budgets slashed by over 70% of their 2012 levels as part of the governments’ austerity drive. Councils are cash strapped and they need revenue, desperately. Street trading and concessions will offer opportunities for councils to raise additional revenue and create opportunities for street vendors and other mobile caterers that previously have not existed. With technological developments and a greater understanding of street food at local authority level, we expect many more councils to redefine their street trading, markets and concessions policies.

These are all positive signs for the success of the StreetCube business model.

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