Consumer Wellness Markets
Today’s consumers are driving change across markets for wellness – demanding products that support human health, as well as the health of the environment. With our Plantrose technology, Renmatix can facilitate this change across an array of product categories.
The wellness industry is thriving, as is Plantrose.
According to the Global Wellness Institute, the global health and wellness industry is now worth $4.2 trillion. The industry has been growing 12.8% CAGR since 2015 and represents > 5% of global economic output.
Health and Wellness encompasses all activities which promote physical and mental wellbeing, including healthy eating and nutrition, plus personal care and beauty. Renmatix is committed to help serve the Wellness markets, using our ingredients and products, to support consumers in their wellness journey.
At the intersection of consumer trends and technology, is where Innovation thrives. The Global Wellness Economy is thriving today, and Renmatix is a leading technology provider to this multi-trillion dollar market.
According to the Global Wellness Institute, the market is growing at > 6% annually, with Personal Care/Beauty/Spa at $1.2T, followed by Healthy Eating and Nutrition at $702B, combined the target markets for Renmatix, represent a $2.0T market potential.
Personal Care & Beauty
Consumers are shifting to healthier for you, plant based ingredients in the $1T+ personal care and cosmetic markets. Renmatix offers direct to consumer brands for Beauty applications.
Healthy Eating & Nutrition
Consumers have created this growing category, and driven change to, plant based food ingredients in their products. Renmatix offers Nouravant, to satisfy their push for better-for-you ingredients.