Global Emergency Food Market Size 2022-2027

Byimarcsuraj

 IMARC Group has recently released a new research study “Emergency Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What Are The Growth Prospects Of The Emergency Food Industry?

The global emergency food market size reached US$ 6.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 10.68 Billion on by 2027, exhibiting a growth rate (CAGR) of 7.50% during 2022-2027.

What Is A Emergency Food?

Emergency food refers to the foods that are stored for consumption during emergencies and other uncertain situations. Some of the common product types include non-perishable pasteurized milk, protein or fruit bars, ready-to-eat meals, dry cereals or granola, peanut butter, infant food, dried fruits, canned juice, etc. These emergency food products offer nutritional security during disasters, such as earthquakes, floods, hurricanes, tornadoes, etc. They have all the essential nutrients that are important for maintaining proper health. Emergency food items even allow channelizing of the funds in procuring other basic needs. Consequently, they are in extensive demand across the globe.

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What Are The Major Market Drivers In The Emergency Food Market?

The launch of various favorable initiatives by the government bodies of several countries aimed at providing basic necessities to individuals during crises, including economic unrest, natural disasters, or terrorist attacks, is among the key factors driving the emergency food market. Additionally, the growing collaborations of non-governmental organizations (NGOs) with food suppliers for supporting and helping poor and needy people during uncertain scenarios are further propelling the global market.

Besides this, the increasing improvement of the infrastructure and distribution channels, especially in developing countries, and the escalating use of emergency food products in the daily diet of the working population are also positively influencing the market growth. Moreover, the elevating requirement for dried fruits and ready-to-eat (RTE) meals among army personnel who are posted in war zones with low access to food and water is acting as another significant growth-inducing factor. In line with this, the shifting preferences toward foods with longer shelf life among people living in harsh climatic conditions across countries are expected to bolster the emergency food market over the forecasted period.

Who Are The Key Players/Companies In The Global Emergency Food Market?

Conagra Brands Inc., Del Monte Foods Inc. (Del Monte Pacific Ltd.), General Mills Inc., Lotte Corporation, Nestlé S.A., PepsiCo Inc., Princes Group (Mitsubishi Corporation), SOS Food Lab LLC, The Coca-Cola Company, The Kellogg Company and The Kraft Heinz Company..   

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Product Type:

  • Non-perishable Pasteurized Milk
  • Ready to Eat Meals
  • Protein or Fruit Bars
  • Dry Cereals or Granola
  • Peanut Butter
  • Dried Fruits
  • Canned Juice
  • Infant Food

Breakup by Sales Channel:

  • Offline
  • Online

Breakup by End User:

  • Civil
  • Military

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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