Military and Correctional Facility Food and Foodservice Trends in the U.S.Packaged Facts
May 1, 2011
134 Pages - SKU: LA6077730
Market Insights: A Selection From The Report
Foodservice at U.S. Corrections Facilities
In this section, we provide an overview of the U.S. correctional facilities foodservice market,including growth drivers, market sizing and forecasting, prison cost trends, state correctional facility budgeting trends, state prison count reduction strategies, foodservice cost analysis, and foodservice cost cutting initiatives.
Packaged Facts estimates that U.S. correctional facilities foodservice sales reached $1.74 billion in 2010, a 2.2% increase from 2009, and a compound annual growth rate of 2.6% from 2005 to 2010. However, we forecast that the market will decline in 2011 and 2012, driven downward by incremental reductions in the overall prison population and significant budget cutting initiatives at the state level.
Joint Services Prime Vendor Program
The Joint Services Prime Vendor Program (JSPVP) provides quality food and food-related supplies on a pre-negotiated basis to more than 1,000 military (Morale, Welfare, and Recreation) MWR and exchange foodservice operations at 235 installations around the world. The primary customers of the JSPVP are MWR and Naval Air Facility (NAF) foodservice activities from the Army, Navy, NEXCOM, Marine Corps and Coast Guard. Its buying power allows the JSPVP to achieve savings over street pricing and to establish pricing agreements with manufacturers for bulk purchases. In fiscal 2010, program purchases
totaled $147 million.
Military Deli & Bakery Services, Inc.
Incorporated in 1996, Military Deli & Bakery Services, Inc. (MDBS) is the largest operator of deli and bakery departments in military commissaries. Privately owned and managed by Tim Howard, MDBS has revenues exceeding $70 million. Our overall business strategy is to increase sales by attracting more customers and finding more items that our current customers want to buy.