From Scarcity to Solutions 2025

Food and water technology innovation has been accelerating. By 2030, the global market for food and water tech is projected to reach approximately $470 billion – an increase of 74% (or 10% year-on-year) compared to 2024’s market size (see Figure 4).221.3 Innovation with practical implications for emerging economies By 2030, the global market for food and water technology is projected to reach ~$470 billion Global food and water technology market size ($ billion) FIGURE 4 Note: CAGR = compound annual growth rate. Source: BCG.Food Water139196355 4270117)nb $ ( 2018 2024 2030$181 bn$266 bn$472 bn + 7%+ 10% CAGRGlobal food and water tech innovations ar e accelerating From Scarcity to Solutions: Food-Water Innovation in Asia and the Middle East 10