The Global Community And Individual Services Market Was Valued At USD 1 Trillion

Posted by praneeth on July 31st, 2018

Community and individual services industry includes establishments involved in collecting, preparing, and delivering food for the needy, providing short-term emergency shelter, temporary residential shelters, transitional housing, and providing food, shelter, clothing, medical relief, resettlement, and counseling to victims of domestic or international disasters. For example, community meals, food banks, soup kitchens, runaway youth shelters, emergency shelters, and refugee settlement services.

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The community and individual services market was valued at USD 1 trillion in 2017, and is expected to be driven by big data and predictive analytics to provide deep insights on foster kids and kids from low income group sections.  North America was the largest geographic region in the community and individual services market in 2017, accounting for more than two-fifth of the market share.

The community and individual services market is split into segments: community food, housing, and relief services and individual and family services.

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The USA was the largest country in the market, accounting for nearly one-third of the global community and individual services market in 2017. This was due to a large number of educational institutions, child day care center and other social service establishments catering to a large population in the country. The USA was followed by China and India as the next largest countries in the market.

The top five competitors in the market are Unicef, CARE International, Médecins Sans Frontières, World Food Programme, and Feeding America. UNICEF was the biggest player in the community and individual services market in 2017 with revenue of USD 50 billion in 2016. The United Nations Children’s Emergency Fund(UNICEF) is a United Nations (UN)program headquartered in New York City that provides humanitarian and developmental assistance to children and mothers in developing countries. It is a member of the United Nations Development Group.

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praneeth
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