Agriculture & Environment Industries Are The Largest Growth Businesses In The Present And Next 5 Decades – Part 1 of 3
I participated a workshop a few years ago and the mentors said about the feasible future growing business sectors in the forthcoming 50 years. They mentioned about 15 sectors but I can only recall about ten sectors.
For the feasible rising commercial industries, kindly note that each country may have dissimilar manpower, resources, environment, weather and others for their own regional needs. Below list of industries are in general applicable to most of the countries :-
1) Environment Related Sector
2) Agriculture Sector
3) Energy Sector
4) Infrastructure Sector
5) Education and Health Services Sector
6) Professional and Business Services Sector
7) Information Businesses Sector
Financial Activities Sector
9) Logistic Sector
10) Drinking Water Sector
Item (3) Energy Sector – Do you aware that it will create wars if there is a shortage in this sector ? Every country is struggling energies for their industrial use and people consumptions. Just for your information, shortage of either gold or energies will create war.
Item (4) Infrastructure Sector – This is the fundamental necessity for a better living environment of beings. Within the forthcoming fifty years, in my opinion, it is impossible to attain the stage of saturation for the world, particularly in the third world, Asia and/or less developed countries.
Item (5) – (8) Sectors – These are generally the fumeless services related sectors for the well-being, hotel, trading, tourism, commercial, etc. The demand in these sectors can never stop but I personally feel that the competitions of these sectors are grand. To be sustainable in these sectors, the uniqueness of businesses and better service quality level will determine the winners.
Item (9) Logistic Sector – Due to depleting of natural resources, such as crude oil and others, and higher living costs for the general public, the world will switch the way of living of the public by pooling resources to tap business and non-business means. By the time, I personally anticipate that the majority of the people will work at their residential territory and physical goods deliveries will be handled through the logistic sector. Surely, I also personally perceive that the competition of this logistic sector is large too.
Item (10) Drinking Water Sector – The supply of sources of non-contaminated water is gradually diminishing due to human behaviors such as pollutions, weather, wars, and others. Other causes may be the wastages by the users and industrial uses. This sector may be a huge capital investment and the wealthy is much easier to access into this sector.
For items (1) Environment Related Sector and (2) Agriculture Sector, I personally think these two industries are greatly important and the growth of these two industries are nearly absolutely assured. I will elaborate further details in the next two articles (Part 2 and Part 3) why they are critical.