Lend a spoon: Corporate and individual contributions will increase, boosting industry revenue

The Community Food Services industry expanded over the five years to 2018, as a result of economic improvements in the United States. This is due, in part, to growing per capita disposable income, which increased donations given to industry operators. On average, operators experienced higher costs during the period, due to expanded food services. Industry operators have also benefited from a rising number of volunteers, which reduces labor expenses. As the economy expands, corporate and individual contributions to this industry are projected to increase over the five years to 2023. As more Americans return to work, incomes are projected to grow, which will encourage more private donations...purchase to read more.

Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 13-18
2.8%
Forecast Growth 18-23
Profit
Employment
44,699
Businesses
6,746
Market Share of Companies

Industry Threats & Opportunities

  • As the economy expands, corporate and individual contributions to this industry are projected to increase
  • Disposable income grew, making individuals more willing to donate to industry organizations
  • Improvements in employment and disposable income are projected to help prevent significant increases in the poverty rate
  • Industry Report - Industry SWOT Analysis Chapter

    The Community Food Services industry is in the mature stage of its life cycle, however its contribution to the overall economy, as measured by its industry value added (IVA), has grown substantially. Over the 10 years to 2023, IVA, is anticipated to increase at an annualized rate of 0.9%. During the same period, US GDP is forecast to grow at an annualized rate of 2.1%. Typically, this industry demonstrates some degree of counter cyclicality because it provides services to individuals when the overall economy is performing poorly.Industry services are clearly defined and segmented. Industry operators provide food services through soup kitchens, food banks and meal delivery services. There has been very minimal product development over the past five years. Tec...purchase to read more.

    Additional Insights for the Community Food Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Community Food Services Industry are

  • Ability to provide goods/services in diverse locations
  • Having an integrated operation
  • Ability to control size and growth of internal bureaucracy
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Federal funding for social services in the Community Food Services industry impact industry performance..

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    What's in this report

    What is the Community Food Services Industry?

    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. Additionally, operators may also distribute clothing and blankets. This industry excludes emergency relief services that provide food and other aid to disaster victims.

    Industry Products
  • Soup kitchen and on-site meal provision
  • Food pantry and food bank services
  • Food collection and distribution
  • Other services
  • Industry Activities
  • Collecting food for the needy
  • Preparing food for the needy
  • Delivering food to the needy
  • Distributing clothing and blankets to the poor
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Federal funding for social services
  • Poverty rate
  • Consumer price index

  • Current Performance
  • Food insecurity
  • Federal funding
  • Private sector funding
  • Growing costs
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand for industry services
  • Federal funding
  • Industry expansion
  • Table: Community Food Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Community Food Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Bread Production
  • Canned Fruit & Vegetable Processing
  • Cereal Production
  • Cookie, Cracker & Pasta Production
  • Dairy Product Production
  • Supermarkets & Grocery Stores
  • Truck & Bus Manufacturing
  • Vegetable Farming

  • Products & Services
  • Food collection and distribution
  • Food pantry and food bank services
  • Other services
  • Soup kitchen and on-site meal provision
  • Chart: Community Food Services Industry Products and Services Segmentation

  • Demand Determinants
  • Poverty and unemployment
  • Food Insecurity and food prices
  • Federal nutritional assistance programs: consumer subsidies

  • Major Markets
  • Households with incomes below the poverty line
  • Households with incomes 100% to 185% of the poverty line
  • Households with incomes over 185% of the poverty line
  • Households without incomes
  • Chart: Major Market Segmentation for the Community Food Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesAdditional costs
  • Chart: Cost Structure Benchmarking – Sector vs Community Food Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Community Food Services Industry

  • Industry Globalization
    Feeding America,
  • Table: Feeding America - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Community Food Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Community Food Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Poverty rate (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Food Bank
  • A facility that sorts, inventories, stores and distributes (mostly) donated foods for use by government agencies and direct service organizations (e.g. food pantries, soup kitchens, shelters).
  • Food Pantry
  • A location where food is donated and made available to be picked up by low-income and needy individuals for preparation at-home.
  • Food Security
  • USDA classification of an individual's access to food and vulnerability to hunger, measured in the Food Security Supplement to the CPS.
  • Soup Kitchen
  • A place or mobile location where meals are prepared and served on-site to low income and needy individuals for free or at a very low cost.
  • Supplemental Nutrition Assistance Program (Snap)
  • Formerly called the Food Stamp Program, SNAP is a federal-assistance program that provides assistance to low- and no-income people and families living in the United States
  • Temporary Emergency Food Assistance Program (Tefap
  • A federal program responsible for providing emergency food and nutrition assistance to low-income persons; this is the most important federal program for industry operators.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Community Food Services can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Community Food Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Community Food Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Community Food Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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