Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - Consumers are increasingly focused on health and longevity, leading to a shift towards preventive healthcare methods, with global retail sales of vitamins and nutritional supplements expected to reach $139.9 billion by 2025 [6] - Strategic consumer behavior has emerged due to long-term economic uncertainty, with only 18% of consumers indicating they frequently make impulse purchases in 2024 [10] - There is a growing trend towards sustainable consumption, with consumers viewing green attributes as an important supplementary advantage rather than the sole purchasing motivation [15] Summary by Sections Health and Wellness - Consumers are changing their habits to enhance health and longevity, actively seeking products with proven efficacy to monitor and alleviate health issues [6] - The retail sales of vitamins and nutritional supplements are projected to grow significantly, indicating a robust market opportunity [6][8] Consumer Behavior - Economic uncertainty has led to more strategic purchasing decisions, with a significant portion of consumers willing to spend money to save time [10] - The demand for high-quality products remains strong, with premium beauty and personal care products outperforming mass-market alternatives [11][12] Sustainability - The number of online SKUs with sustainable claims has increased from 4 million in Q2 2022 to 5 million in Q2 2024 across 25 countries [16] - Retail sales of sustainable products have shown an upward trend, reflecting their strong appeal and influence on consumer preferences [16][20]

INRE Retail Reinvention: A Framework for Future Growth Michelle Evans Global Lead, Retail and Digital Consumer Insights Euromonitor International Not to be distributed without permission. This report includes the latest data from Euromonitor International at the time of publication in June 2024. Contents | --- | --- | |---------------------------------|-------| | | | | The reinvention of retail | | | | | | New business models | | | | | | Diversified revenue streams | | | Channel expansion | | | | | | Shoppe ...