Published in Marketing and Strategy Terms category by MBA Skool Team
What is Staple Goods (Staples)?
Staple goods, or staples as they are referred too, are those consumer goods which are consumed on a regular basis and are bought often or regularly. Staple goods are mostly food items like milk, wheat, sugar etc as they are eaten in a large quantity and they constitute a dominant portion of a diet. They are generally inexpensive and vary across places.
These provide carbohydrates, proteins and fats – the three macronutrients needs for survival and health.
Staple goods are available at almost all convenience stores along with impulse goods and emergency goods. All these three type of goods are collectively known as convenience goods or a convenience product.
Categories of Staple Goods
These can be divided into four categories –
1. Meat, poultry, fish – beef, chicken, bacon, ham, shellfish
2. Bread or cereal – derived from wheat, barley, rice, maize like bread, pasta, rice, grains, flour
3. Vegetables or fruits – fresh and canned vegetables and fruits
4. Dairy products – cheese, butter, milk, yogurt
Agricultural civilizations valued staple goods because in addition to giving necessary nutrients, they could be stored for a longer duration without decay
Showing below the demographic profiles of staple foods-
Rice, wheat and maize are the staples (staple goods) for over 4 billion people and constitutes two-third of the human food consumption
Hence, this concludes the definition of Staple Goods (Staples) along with its overview.
This article has been researched & authored by the Business Concepts Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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