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Global Community Food Services Market Report 2023 : Size, Share, Growth Rate, Business Module, Product Scope And Expansion 2032 | Feeding America, City Harvest, Equal Heart, Volunteers Of American CO BR, A.D. Food Service
Community Food Services Market
As per the Community Food Services market report by The Business Research Company, the increasing crowdfunding is projected to boost the demand for the community food services market. Crowdfunding is a method of raising capital from individual investors, customers, and the general public through crowdfunding and social media platforms. The global crowdfunding statistics published in May 2020 indicated a rapid growth in the crowdfunding market worldwide with China and the USA contributing 70.7% and 20.0%, respectively. Moreover, JustGiving, a UK-based online fund-raising platform raised about $7,705.8 to provide emergency food for vulnerable, elderly, and low-income people during the COVID-19 crisis in 2020. This has led to a greater supply for the industry's food aid and social services, enabling industry organizations to meet the demand for food services. Thus, the growth in crowdfunding is expected to act as a major driver for the industry.
The global community food services market size will grow from $356.28 billion in 2022 to $377.08 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global community food services market size is expected to grow to $458.93 billion in 2027 at a CAGR of 5.0%.
Read More On The Community Food Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/community-food-services-global-market-report
Major competitors in the Community Food Services market include Feeding America, City Harvest, Equal Heart, Volunteers Of American CO BR, A.D. Food Service, Gratzi Catering, CRS Employment Services, Feedmore Western New York, Giica, Chata, Second Harvest Food Bank Of Greater New Orleans & Acadiana, Good Shepherd Food Bank, The Meals on Wheels Association of America and Meals on Wheels Ministry are the same, Good Fortune Restaurant, City Harvest, and The Meals on Wheels Association of America.
The Community Food Services market is segmented -
• By Products and Services: Soup Kitchen and On-site Meal Provision, Food Pantry Services, Food Collection And Distribution Services, Other Services
• By System: Conventional Foodservice System, Centralized Foodservice System, Ready Prepared Foodservice System, Assembly-Serve Foodservice System
• By Sector: Commercial, Non-commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the Community Food Services market.
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Community food services refer to a collaborative effort of a community in preparing and providing food for the poor and hungry in order to enhance the social welfare of that particular place or community. This can help relax people and help them interact and having a meal together gives people something to talk about.
The Table Of Content For The Community Food Services Market Include:
1. Executive Summary
2. Community Food Services Market Characteristics
3. Community Food Services Market Trends And Strategies
4. Community Food Services Market - Macro Economic Scenario
5. Community Food Services Market Size And Growth
………
28. Key Mergers And Acquisitions In The Community Food Services Market
29. Community Food Services Market Future Outlook and Potential Analysis
30. Appendix
The "Global Community Food Services Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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