5 Industries Expect to Grow in the Next 5 Years

Over the last five years, there have been many products that grew in market share rapidly over a short time frame. Many products that are rising in popularity quickly are those that are health-focused and effective. In addition, there are other products and niche interests that are guaranteed to continue to grow and expand in the future. Continue reading this article to be informed about industries to keep in mind when you consider important investments and economic shifts in the coming years.

1. Electrolyte Supplements

Although products like Gatorade and Powerade have been on the shelves for decades, they are now in competition with products that are much more effective. Rather than having high sugar content and moderately low electrolytes, hydration supplements are now offering an incredible amount of electrolytes while maintaining a low sugar content. For athletic recovery or medical assistance, individuals are benefiting greatly from the effective nature of drinks like Liquid IV, BIOLYTE, and Nuun.

2. CBD

From CBD-infused edibles to oil tinctures, the demand for CBD has continued to rise across the nation and the world. When the population realized that CBD was a safe product that could effectively reduce anxiety, treat sleep disorders, and offer many other benefits, it began to become available in retail stores across the country. These days, you can find this product almost anywhere. Since there are so many CBD brands on the market, it is important to find trustworthy and organic brands like Joy Organics that will guarantee the safety and quality of their products.

3. Sustainable Beauty Products

Over the last five years, the demand for transparency across the beauty industry has increased dramatically. In the past, fewer people were concerned about the ingredients that they applied topically. Now, many people recognize the importance of using sustainable and clean products on the skin. With many big brands focused on clean products entering the conversation, older beauty brands are working to improve their product offerings to keep up with the everchanging competition.

4. Biotechnology

Although technology is always evolving, the use of biotechnology is beginning to shape environmental and medical processes. The devices created in this industry help break down organisms to create products. Environmentally, this helps improve the impact of recycling. In healthcare, this helps create medicines and other treatments that solve complex issues in the body. With the technology and research available in this industry today, we have likely only experienced a small portion of the impact that this industry will have on our world.

5. Sustainable Energy

Similar to beauty products, energy sources are becoming more globally sustainable. With the help of a large governmental push, companies are taking clean energy more seriously than ever. There are hundreds of billions of dollars continuing to be funnelled into this industry with the hope that it will improve our processes and air purity for centuries to come. There will be major changes occurring in large commercial corporations as the regulations for clean energy continue to be enacted.

Summary

While there are still many unhealthy and unsustainable practices in businesses across the world, there is a lot of energy moving towards sustainable and holistic health. As more large businesses continue to opt in for better practices, we will most likely see these industries continue to expand in years to come. In addition, we will likely see sustainable and clean products increase in affordability as popularity rises.

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