PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1691697
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1691697
Systemic Changes Needed to Continue Feeding the World in the Face of Climate-change Challenges
The nutrition and wellness sector plays a crucial role in supporting the global population of 8 billion by providing key ingredients for food, nutraceuticals, healthcare, and personal care and cosmetics (PC&C) products. These ingredients range from agrochemicals and food additives to nutraceutical ingredients and raw materials used in PC&C and pharmaceuticals. Valued at more than $500 billion, this sector supports trillion-dollar industries, such as food, nutraceuticals, and pharmaceuticals, while the PC&C sector is a $600 billion industry.
These products are vital to maintaining human health and well-being. As the global population grows and demand for wellness products increases, the industry will be challenged to meet this demand sustainably, without harming the environment. Ensuring a steady supply of healthy food while addressing climate change effects remains a significant challenge. In addition to sustainability concerns, emerging trends in 2025 will be driven by technological advancements. These will enhance our understanding of human biochemistry and enable more personalized nutrition and health solutions by considering consumer preferences in the years ahead.