Empty plate: Increased federal funding for social services is anticipated to spur industry revenue growth
Community Food Services in the US
The Community Food Services industry has expanded over the five years to 2019 as a result of economic growth in the United States. Due to growing per capita disposable income, increased donations have been given to industry operators during the period. This has led to a greater supply for the industry’s food aid and social services, enabling industry organizations to meet demand from those in need. Over the five years to 2024, corporate and individual contributions to this industry are projected to increase. Unemployment is forecast to remain low and per capita disposable income is expected to continue rising. Additionally, the poverty rate is expected to stagnate in the coming years as the price of goods and services grows steadily. This will increase the need for industry services and thus for funding from private sources.
Industry operators collect, prepare and deliver food to the needy. This industry includes food banks, meal delivery programs and fixed and mobile soup kitchens. Generally, establishments deliver meals to persons who cannot prepare meals for themselves due to age, disability or illness. Operators may also distribute clothing and blankets. This industry excludes emergency relief services that provide food and other aid to disaster victims.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of contents
ABOUT THIS INDUSTRY
INDUSTRY AT A GLANCE
Key External Drivers
Industry Life Cycle
PRODUCTS & MARKETS
Products & Services
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Technology & Systems
Regulation & Policy
JARGON & GLOSSARY
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