Global Community Food, Housing, And Relief Services Market Report 2022 – Market Forecast, Trends And Strategies

The global community food, housing, and relief services market size is expected to grow from $452.69 billion in 2021 to $496.24 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The community food, housing, and relief services market is expected to reach $687.45 billion in 2026 at a CAGR of 8.5%.

What is the Global Community Food, Housing, And Relief Services Market?

The community food, housing, and relief services market consists of the revenues from community food, housing, and relief services and related goods by entities (organizations, sole traders, and partnerships) that prepare, and deliver food for the needy; provide short-term emergency shelter, temporary residential shelter, transitional housing, volunteer construction or repair of low-cost housing, and/or repair of homes for individuals or families in need; or provide food, shelter, clothing, medical relief, resettlement, and counselling to victims of domestic or international disasters or conflicts (example: wars). Only goods and services traded between entities or sold to end consumers are included.

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What drives the Global Community Food, Housing, And Relief Services Market?

Federal funding for social services is a major driver for the community food, housing, and relief services market. Funding from the government helps many homeless people get shelter. Many programs are run by different countries to provide assistance to homeless people. For instance, in the US, every year the Federal Government allocates funds to States/Territories to support social services for vulnerable children, adults, and families through the Social Services Block Grant (SSBG). In India, ‘Pradhan Mantri Gramin Awaas Yojana’ focuses on providing permanent houses with basic amenities to homeless families. The objective of this scheme is to build one crore home of 25 sqm by 2022. Similarly, the government of India launched the Shelter for Homeless program under the National Urban Livelihood Mission (NULM). Under this program, various types of shelter, such as men shelter, women shelter, family shelter, and special shelter (for old age, mentally ill, sick persons) are provided. The government of India would finance 75% of the expense for the development of the shelters, while, 25% would be the State commitment. The Indian government is also working on providing rental housing to urban poor belonging to scheduled castes, scheduled tribes and other backward classes, migrants, transgender, and senior citizens. The increased federal funding will help contribute to the market for community food, housing, and relief services leading to its growth.

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Global Community Food, Housing, And Relief Services Market Segments
The global community food, housing, and relief services market is segmented:
By Type: Community Food Services, Community Housing Services, Temporary Shelters, Other Community Housing Services, Emergency And Other Relief Services, Vocational Rehabilitation Services
By Structure: Chained Outlets, Independent Outlets
By End-Users: Individuals (Nonchronic) Homeless, Homeless Families, Chronic Homeless, Homeless Veterans, Unaccompanied Homeless Youth and Children
By Geography: The regions covered in the community food, housing, and relief services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Community Food, Housing, And Relief Services Global Market Report 2022provides market size and growth forecasts for the global community food, housing, and relief services market, global community food, housing, and relief services market share, community food, housing, and relief services market segments and geographies, community food, housing, and relief services market competitive landscape including leading competitors’ revenues, profiles and market shares. The community food, housing, and relief services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Community Food, Housing, And Relief Services Industry Playersinclude Feeding America, World Food Programme, UNICEF, The Salvation Army, Food For Poor, Adventist Community Services, Doctors Without Borders, Catholic Relief Services, CARE, American National Red Cross, Spectrum Professional Services, Community Options Middlesex, Camba, Easter Seals New Jersey, One Voice Central Texas, Horizon House, Internation Rescue Committee, Fair community housing services limited, Nestle community housing services ltd, Community Housing Services-Crossroads Villa Inc, Community Housing Partners, Community Housing Ltd, and SRM Housing Services Private Limited. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.