Higher Growth Expected In The Global Social Assistance Market By 2020
Added: (Wed Jan 02 2019)
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The Business Research Companyís global social assistance market analysis covers the year-on-year growth of the global social assistance market historic and forecast growth. it also includes chapters on the social assistance market trends, geographical analysis, and competitive landscape.
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The global social assistance market is forecast to grow at a CAGR (compound annual growth rate) of around 8.5% to 2020.
Social Assistance Market Segmentation:
According to TBRCís global social assistance market research, the market is split by segments into community and individual services, and child day care services.
Community and individual services was the largest segment in the social assistance market at 85.9% of the global social assistance market. This was due to the presence of a large number of community service establishments in both developed and developing countries.
Child day care services was the second largest segment in the social assistance market at 14.1% of the global social assistance market. This segment includes establishments involved in providing day care for infants or children. They provide care for pre-school children, and offer pre-kindergarten and kindergarten educational programs.
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Community and individual services is forecast to grow at a higher CAGR of 9.1%, than the child day care services segment which is forecast to grow at around 5%. This was mainly due to increasing demand for community and individual services, establishment of food banks in developed nations, increasing public funding to support social initiatives and advancements in technologies for adult day care.†
The global social assistance market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global social assistance marketís segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are Bill & Melinda Gates Foundation, World Food Programme, Unicef, The Salvation Army, Feeding America, Bright Horizons Family Solutions, W.K. Kellogg Foundation Trust, Food For Poor, Sanctuary Housing, and Learning Care Group.
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