Emergency Food Market

Global Emergency Food Market Size (2024 to 2032)

The global emergency food market size is expected to be US$ 6.72 Billion in 2024 and is anticipated to increase at US$ 8.19 Billion by 2032, with a growing CAGR 2.50% in the next six years.

Emergency food refers to products consumed and stored in an uncertain situation or in an emergency. It is like a backup of your needs to stay in uncertain situations such as terrorist attacks, bad weather conditions or economic instability. Plus, emergency food is ready and available at an affordable price. It can be treated as an ideal alternative for storing longer periods, emergencies, and various outdoor activities like camping and hiking. Food is available in convenience stores and supermarkets. Emergency foods can be stored refrigerated and require minimal heating or are served hot. Not only does emergency food provide its value in emergency situations, it also provides value in a variety of other demographics. Emergency food plays an important role in the defense sector. Army personnel are deployed in war zones with little access to food and water. In such situations, military personnel must carry food and drinks in case of emergency. Therefore, urgent foods such as nuts and ready-to-eat meals qualify. As a result, the Army sector is considered a major customer in the global emergency food market. The growing demand for emergency food in regions with uncertain climatic conditions is driving the growth of the global emergency food market in terms of sales value.

MARKET DRIVERS

Rising rates of food consumption requiring minimal preparation time, shifting consumer preferences for convenient foods, and government initiatives to meet basic needs in uncertain weather conditions are key drivers expected to drive emergency food demand and promote growth of the target market. Also, economic growth, higher purchasing power and a female workforce are supposed to further increase demand in this market. Additionally, emergency food plays an important role in the military and defense sectors. Emergency food plays an important role in the daily life of the workforce, especially among female workers, which provides a great opportunity for the emergency food industry to grow in terms of sales value. According to a document published by the World Health Organization (WHO), around 10 million non-governmental organizations (NGOs) support, help and provide basic services (clothing, food and drinks) to the poor and needy people around the world. A recent trend observed in target markets is that research institutions and food manufacturers are investing heavily to improve the efficiency of their infrastructure and distribution channels. The growth of the global emergency food market is driven by uncertain weather conditions in North America and Asia-Pacific, the growing demand for emergency food in the military sector, and an increase in government initiatives and policies on food supply.

Additionally, increased consumer preferences for natural foods, strategic cooperation with organized NGOs, and a rise in millennials are expected to create favorable opportunities for emerging market participants in the near future. In addition, government initiatives and policies on food supply are expected to promote emergency food market. With the growing demand for emergency food in military sector, there is a rising call for the emergency food market. People living in these uncertain climatic conditions need food that has a longer shelf life and is worth eating. Emergency foods, such as ready meals, cereals and nuts, meet the needs of these types of consumers, driving market growth. Governments in developed or economically developed regions are taking proactive measures to meet the basic needs of affluent populations in regions that endure a variety of uncertain climatic conditions. This has put an end to the demand for a variety of emergency foods by the government that can meet the growing needs and demands of the people living in the area. Several macroeconomic factors, such as an increase in the labor force participation rate, a decrease in the price of various convenience foods, and an increase in income per consumer, have affected the emergency food business.

There is a growing trend for healthy snacks that offer great opportunities for freeze-dried fruit and vegetable products. Hence, it is the preferred lyophilized product due to its nutritional level-related convenience. Market research has been driven by growing consumer interest in quality ingredients that meet clean label requirements. Additionally, partnerships between packaged food and ingredient companies are evolving due to increased levels of collaborative innovation and product development to meet emerging consumer trends and regulatory burdens in the region. Freeze-dried fruits and vegetables like blueberries and kale are emerging as superfoods. In addition, the shelf life of lyophilized products is long, which is advantageous for the accumulation of stocks in an emergency. Packages or cans of lyophilized products can be stored for 25 years or more.

MARKET RESTRAINTS

Increasing cases of emergency food quality test failures and increasing health problems in younger populations may hamper the growth of the target market. Africa's weak economy has cut spending on disaster management and this hampered the growth of the region's emergency food industry.

REPORT COVERAGE

Emergency Food Market Segmentation Analysis

Depending on the product, the emergency food market is segmented into ready-to-eat meals, protein or fruit bars, dry cereals or granola, peanut butter, tree nuts, canned juices, shelf-stable milks, and baby foods. Of these products, non-perishable dairy products have a higher share of the emergency food market because the product penetration rate of various dairy products is relatively high compared to other products around the world. However, the protein or fruit bars segment is likely to grow at a significant rate in terms of sales value during the outlook period, as the product is available in a variety of regions. The demand rate in the defense sector is also increasing. Fruit bar or protein bar further enhances the growth of the emergency food market.

Based on the sales channel, the global market is mainly bifurcated as online and offline.

REGIONAL ANALYSIS

The Asia Pacific market dominates the global emergency food market in terms of revenue and is supposed to maintain its position during the conjecture period. Recent disasters, such as floods, storms and other natural disasters, have caused an increase in spending on food and other resources. Additionally, factors such as product introduction and launch, increased prerequisites, increased demand among end users, increased investment by key players, easy product availability, and increased Customer awareness are some of the factors driving the market boom.

North America is a mature and uniform market for the emergency foods with high product penetration. In North America, the emergency food market has stopped expanding in recent years, but in South America it is showing strong and sustained growth, especially in Brazil and Peru. Disasters such as floods and storms in the region have recently affected increased public spending on food and other resources. Furthermore, in terms of GDP growth, the growth of the Middle East economy has resulted in higher spending on disaster management in the LAMEA market.

KEY PLAYERS IN THE MARKET

Major Key Players in the Global Emergency Food Market are The Coca-Cola Company, General Mills Inc, Nestlé S.A, Del Monte Foods Inc, Kraft Foods Group Inc, Kellogg’s, PepsiCo, CHB, Conagra Brands Inc, and Princes Limited

RECENT DEVELOPMENTS IN EMERGENCY FOOD INDUSTRY

• In 2017, Katadyn Group partnered with the "North Face Mountain Festival" in Lauterbrunnen. The company offers Trek'n Eat to outdoor enthusiasts around the world with clean drinking water, freeze-dried meals, stoves and accessories.