Adoption & Child Welfare Services in the US - Industry Market Research Report
Description
Adoption & Child Welfare Services in the US - Industry Market Research Report
Adoption & Child Welfare Services in the US
The Adoption and Children Welfare Services industry comprises private nonprofit and for-profit organizations that provide social assistance services for children and young adults. As an industry of many nonprofits, revenue is dependent on government funding and private donations. Demand for industry services grew as the number of children entering into and passing through the foster care system increased during the five-year period. This growth has occurred despite a $7.9 billion decrease in the federal budget for the Administration for Children and Families (ACF), which is part of the Department of Health and Human Services (HHS), between 2017 and 2018. Over the next five years, the slowdown in industry revenue growth is largely attributable to expected budget cuts across several federal departments and federal social services programs, including industry-relevant programs.
This industry includes nonresidential social assistance services for children and young adults. Private sector and nonprofit establishments in this industry offer services in the areas of adoption, foster care placement, drug prevention, guidance and self-help, life skills training and positive social development. This industry excludes orphanages and group homes, day-care services, youth recreational sports centers, sports teams and leagues and scouting organizations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Adoption & Child Welfare Services in the US
The Adoption and Children Welfare Services industry comprises private nonprofit and for-profit organizations that provide social assistance services for children and young adults. As an industry of many nonprofits, revenue is dependent on government funding and private donations. Demand for industry services grew as the number of children entering into and passing through the foster care system increased during the five-year period. This growth has occurred despite a $7.9 billion decrease in the federal budget for the Administration for Children and Families (ACF), which is part of the Department of Health and Human Services (HHS), between 2017 and 2018. Over the next five years, the slowdown in industry revenue growth is largely attributable to expected budget cuts across several federal departments and federal social services programs, including industry-relevant programs.
This industry includes nonresidential social assistance services for children and young adults. Private sector and nonprofit establishments in this industry offer services in the areas of adoption, foster care placement, drug prevention, guidance and self-help, life skills training and positive social development. This industry excludes orphanages and group homes, day-care services, youth recreational sports centers, sports teams and leagues and scouting organizations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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