openPR Logo
Press release

Community Food Services Market 2024-2033: Analysis, Forecast & Growth Trends

05-15-2024 06:43 PM CET | Food & Beverage

Press release from: The Business research company

Community Food Services Market 2024-2033: Analysis, Forecast &

The community food services market size has grown strongly in recent years. It will grow from $372.56 billion in 2023 to $394.27 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to food insecurity, donor support, hunger relief initiatives, government assistance.

The community food services market size is expected to see strong growth in the next few years. It will grow to $489.95 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to economic disparities, nutrition and health education, digital engagement and donor platforms, mobile food services. Major trends in the forecast period include gleaning and food recovery, community gardens and urban agriculture, youth and adolescent nutrition, sustainable food sourcing, technology for food access.

Market Overview -
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.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=3482&type=smp

The Role Of Crowdfunding In Fuelling Growth Of The Community Food Services Market
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. For instance, 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. 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 growth of the community food services market.

Competitive Landscape -
Major companies operating in the community food services market include Feeding America, City Harvest, Equal Heart, Volunteers Of American Co., A.D. Food Service, Gratzi Catering, CRS Employment Services, Feedmore Western New York, GIICA LLC, Chata Technologies Inc., Second Harvest Food Bank Of Greater New Orleans & Acadiana, Good Shepherd Food Bank, Good Fortune Restaurant, The Meals on Wheels Association of America, Meals on Wheels Ministry, The Dohmen Company Foundation, The Salvation Army International Trust, United Nations International Children's Emergency Fund, Sanctuary Management Ltd., World Food Programme, Food Finders Food Bank, Common Ground, The Meals on Wheels Association of America, CRS Employment Services, A.D. Food Service, Feedmore Western New York

Launch Of Programs To Address Community Food Service Requirements
The launch of various programs to serve community food service requirements is becoming an emerging trend in the community food services market. For instance, in 2023, the Summer Food Service Program provides free meals to children during the summer months when school is not in session. The program will include a permanent, non-congregate meal service option for eligible rural communities. This program helps to reduce food insecurity among children and ensures that they have access to nutritious meals during the summer months.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/community-food-services-global-market-report

Key Segments -
The community food services market covered in this report is segmented -
1) By Products and Services: Soup Kitchen and On-site Meal Provision, Food Pantry Services, Food Collection And Distribution Services, Other Services
2) By System: Conventional Foodservice System, Centralized Foodservice System, Ready Prepared Foodservice System, Assembly-Serve Foodservice System
3) By Sector: Commercial, Non-commercial

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Community Food Services Market 2024-2033: Analysis, Forecast & Growth Trends here

News-ID: 3498073 • Views:

More Releases from The Business research company

Automatic License Plate Recognition Market Report 2024-2033: Trends, Size & Competitive Landscape
Automatic License Plate Recognition Market Report 2024-2033: Trends, Size & Comp …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Automatic License Plate Recognition Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $13.16 Bn In
Network Telemetry Market Report 2024-2033: Growth, Demand & Competitive Landscape
Network Telemetry Market Report 2024-2033: Growth, Demand & Competitive Landscap …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Network Telemetry Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $2.7 Bn In 2028 At
Liquidity Asset Liability Management Solutions Market Report 2024-2033: Size, Trends & Analysis
Liquidity Asset Liability Management Solutions Market Report 2024-2033: Size, Tr …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Liquidity Asset Liability Management Solutions Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $2.99 Bn
Green Logistics Market Report 2024-2033: Growth, Forecast & Competitive Outlook
Green Logistics Market Report 2024-2033: Growth, Forecast & Competitive Outlook
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Green Logistics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $1744.57 Bn In 2028 At

All 5 Releases


More Releases for Food

Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France). Global Pet Food
Global Food Safety Testing and Technologies Market by 2025: Market by Product ( …
Qyresearchreports include new market research report “Global Food Safety Testing and Technologies Market Research Report 2018” to its huge collection of research reports. The growth of the food safety testing market is estimated to be high in most regions. Increase in foodborne illness outbreaks, implementation of stringent food safety regulations globalization of food supply, and availability of advanced technology capable of rapid testing are the major driving factors of this market. The
Pet Food Market: Analysis by Dog Food, Cat Food, Dry Food, Wet/Canned Food, Nutr …
No one knows for sure when the first animals were domesticated. Domestication means taming an animal to live alongside a human being as a pet. So is Pet food Market is driven by growing awareness of pet owner’s regarding pet fitness, thus increasing the demand for wrapped and branded food .Another reason apart from this is demand for pets for companionship and for security reason is rising due to the
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France). Global Pet Food
Food Tray Market Size 2017-2022 HIRO FOOD, AS Food Packaging
Food Tray Market Research 2017 A market study ” Global Food Tray Market ” will help you understand, formulate and implement strategic decisions by offering critical data, insights and analysis from technology as well as commercial perspective on the Food Tray market. It encloses an in-depth Research of the Food Tray market state and the competitive landscape globally. This report consist of comprehensive market data, on a granular level, providing a