Consumer staples are essential products that people regularly purchase to meet their basic needs. These items typically include food, beverages, household goods, and personal care products. Because they are necessities, demand for consumer staples remains relatively stable, even during economic downturns. Companies that produce or sell consumer staples are often considered more resilient investments. Examples of these companies include Procter & Gamble, Coca-Cola, and Unilever. Investors often look to consumer staples for steady returns, as their products are consistently in demand regardless of market conditions.