Dublin, Dec. 18, 2024 (GLOBE NEWSWIRE) — The “Emergency Food Market 2024-2032” report has been added to ResearchAndMarkets.com’s offering. This report provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. The report has categorized the market based on product type, sales channel, and end user.
The global emergency food market size reached US$ 8 billion in 2023. Looking forward, the market is forecast to reach US$ 14.3 billion by 2032, exhibiting a growth rate (CAGR) of 6.67% during 2023-2032. The market is experiencing moderate growth driven by increasing concerns about food security, climate-related disasters, innovations in food technology and packaging, and growing focus of key players on product quality and distribution expansion.
Emergency Food Market Analysis:
- Market Growth and Size: The market is witnessing stable growth, driven by the increasing concerns about food security and preparedness.
- Technological Advancements: Technological advancements in food preservation and packaging have played a pivotal role in the evolution of this market. Innovations in freeze-drying and packaging techniques have extended the shelf life of emergency food products.
- Industry Applications: The emergency food market finds applications in disaster relief efforts and also in camping, outdoor activities, and military use. This diversification of applications has contributed to its resilience.
- Geographical Trends: Geographically, North America and Europe have been prominent markets for emergency food products due to their proactive disaster management strategies. However, Asia-Pacific is showing increasing potential as awareness grows.
- Competitive Landscape: The market is characterized by a competitive landscape with both established players and new entrants.
- Challenges and Opportunities: Challenges include volatile raw material prices and regulatory hurdles. Opportunities lie in catering to the growing demand for sustainable and nutritionally balanced emergency food options.
- Future Outlook: The future outlook for the global emergency food market appears promising. As climate-related disasters become more frequent, the demand for long-lasting, nutritionally sound emergency food products is expected to rise, presenting a positive growth trajectory for the industry.
North America leads the emergency food market, accounting for the largest market share
North America is a prominent market for emergency food products, driven by the proactive disaster management strategies of the region and the increasing frequency of climate-related disasters. The United States and Canada, in particular, have well-established emergency preparedness programs and government initiatives that include stockpiling emergency food supplies. Additionally, a growing awareness about the importance of food security among consumers has boosted demand for long-lasting, nutritious emergency food products.
Europe also boasts a significant share of the global emergency food market. The advanced infrastructure and response mechanisms of the region make it well-prepared for disaster scenarios. European countries invest in maintaining strategic food reserves to ensure food security during emergencies. Furthermore, innovations in food technology and packaging have allowed European manufacturers to produce high-quality emergency food products that cater to diverse dietary preferences.
The Asia Pacific region is increasingly becoming a crucial player in the emergency food market. This is partly due to the vulnerability of the region to natural disasters such as earthquakes, typhoons, and monsoons. As awareness about the need for disaster preparedness grows, governments and organizations in countries such as, Japan, China, and India are actively investing in emergency food stockpiles. The market in Asia Pacific is expected to see significant growth in the coming years as populations and economies continue to expand.
Latin America faces various natural disasters, including hurricanes, earthquakes, and volcanic eruptions. This has led to a growing recognition of the importance of emergency food supplies in the region. Governments and NGOs are working to improve disaster preparedness and response, which includes the procurement of emergency food products. The Latin American market is characterized by a mix of locally produced and imported emergency food items to meet the increasing demand.
The Middle East and Africa region are prone to natural disasters and face unique challenges related to conflicts and humanitarian crises. These challenges have led to a strong focus on emergency food aid and relief efforts. Both governments and international organizations are involved in providing emergency food assistance to affected populations. As a result, the market for emergency food products in this region is driven by a combination of disaster preparedness and humanitarian response initiatives.
Leading Players in the Emergency Food Industry
The key players in the market are actively engaging in several strategic initiatives to maintain their positions and adapt to changing market dynamics. They are consistently investing in research and development to innovate and improve their product offerings. This includes enhancing the nutritional content, taste, and shelf life of their emergency food products, as well as developing eco-friendly and sustainable packaging solutions.
Additionally, many major companies are expanding their distribution networks, both domestically and internationally, to ensure their products are readily available to governments, humanitarian organizations, and consumers during times of crisis. Furthermore, key players are also strengthening their partnerships and collaborations with disaster relief agencies and non-governmental organizations (NGOs) to participate in disaster response efforts. This provides valuable assistance to affected populations and also reinforces their reputation as reliable providers of emergency food supplies.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
- Conagra Brands Inc.
- Del Monte Foods Inc. (Del Monte Pacific Ltd.)
- General Mills Inc.
- Lotte Corporation
- Nestle SA
- PepsiCo Inc.
- Princes Group (Mitsubishi Corporation)
- SOS Food Lab LLC
- The Coca-Cola Company
- The Kellogg Company
- The Kraft Heinz Company
(Please note that this is only a partial list of the key players, and the complete list is provided in the report)
Key Questions Answered in This Report:
- How has the global emergency food market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global emergency food market?
- What is the impact of each driver, restraint, and opportunity on the global emergency food market?
- What are the key regional markets?
- Which countries represent the most attractive emergency food market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the emergency food market?
- What is the breakup of the market based on the sales channel?
- Which is the most attractive sales channel in the emergency food market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the emergency food market?
- What is the competitive structure of the market?
- Who are the key players/companies in the global emergency food market?
Key Attributes
Report Attribute | Details |
No. of Pages | 150 |
Forecast Period | 2023-2032 |
Estimated Market Value (USD) in 2023 | $8 Billion |
Forecasted Market Value (USD) by 2032 | $14.3 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
Key Topics Covered
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Emergency Food Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Non-perishable Pasteurized Milk
6.2 Ready to Eat Meals
6.3 Protein or Fruit Bars
6.4 Dry Cereals or Granola
6.5 Peanut Butter
6.6 Dried Fruits
6.7 Canned Juice
6.8 Infant Food
7 Market Breakup by Sales Channel
7.1 Offline
7.2 Online
8 Market Breakup by End User
8.1 Civil
8.2 Military
9 Market Breakup by Region
9.1 North America
9.2 Asia-Pacific
9.3 Europe
9.4 Latin America
9.5 Middle East and Africa
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Conagra Brands Inc.
14.3.2 Del Monte Foods Inc. (Del Monte Pacific Ltd.)
14.3.3 General Mills Inc.
14.3.4 Lotte Corporation
14.3.5 Nestle SA
14.3.6 PepsiCo Inc.
14.3.7 Princes Group (Mitsubishi Corporation)
14.3.8 SOS Food Lab LLC
14.3.9 The Coca-Cola Company
14.3.10 The Kellogg Company
14.3.11 The Kraft Heinz Company
For more information about this report visit https://www.researchandmarkets.com/r/kmcpjj
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