Consumer Staples
The consumer staples sector includes non-cyclical companies that produce or sell goods or services that are always in demand. It is characterized by consistent and stable growth over time and represents a safe haven for investors during recessions. Consumer staples include essential products used by consumers, such as food, beverages, household items, hygiene products, alcohol, tobacco. These goods are always in demand throughout the year, regardless of economic performance. People tend to demand them at relatively constant levels, regardless of price.