Global Community Food Services Market Size, Drivers, Trends, Opportunities And Strategies – Includes Community Food Services Market Growth
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The increasing crowdfunding is projected are expected to drive innovation in community food services manufacturing, thus driving the market during the forecast period.
The global community food services market is expected to grow from $356.28 billion in 2022 to $377.08 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The global community food services market size is expected to grow to $458.93 billion in 2027 at a CAGR of 5.0%.
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- 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: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global community food services market in 2021.
Major Market Players 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.
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 March 2020, Food Finders Food Bank, operating in community food services launched the Mobile Pantry Program. The outreach program directly serves patrons in areas where food is needed to supplement other starvation relief agencies. The mobile pantry truck travels around North Central Indiana providing nutritious perishable and non-perishable food and providing at least 6,500 lbs. of food to each place, which is sufficient for 140 families to receive 40-50 pounds of food. The Mobile Food Pantry allows organizations the ability to serve the needs of society.
The Community Food Services Global Market Report 2023 provides a community food services market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The community food services market forecast analyzes community food services market size, community food services market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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.
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