Meals & nutrition

Future Outlook & Opportunities

• Biomedical Devices: Continued growth in minimally invasive devices, smart implants, and self-deploying structures.

• Advanced Manufacturing: 4D printing (SMPs that respond over time) could unlock novel applications (soft robotics, adaptive structures).

• Automotive Applications: More use for SMPs in self-repairing / morphing parts, lightweight actuators, adaptive interiors.

• Sustainability: Development of bio-based SMPs or recyclable SMPs could be a big opportunity, especially under ESG pressure.

• Regional Expansion: Emerging markets (Asia-Pacific, India) are likely to grow rapidly.

The global hot drinks market continues to thrive as consumers worldwide embrace beverages that provide comfort, energy, and wellness benefits. Hot drinks—primarily tea, coffee, and hot chocolate—have been cultural staples for centuries, offering not just warmth but also social and emotional connections.

Coffee remains the dominant segment, driven by rising café culture, premiumization, and demand for specialty brews. Consumers are increasingly exploring single-origin, organic, and sustainably sourced varieties. Tea follows closely, supported by its perceived health benefits, diverse flavors, and growing popularity among younger demographics. Herbal and functional teas enriched with antioxidants and vitamins are gaining traction as part of the broader health and wellness movement.