They are, in effect, the engine rooms in which we work on differentiated solutions for our markets – these are primarily pharmaceutical ingredients, medical products, nutrition for humans and animals, personal care products, cosmetics, and household cleaning products.
Nutrition & Care is one of Evonik’s three growth divisions. The basis for the high growth expectations consists of the robust, non-cyclical markets close to the end user, shared core competencies, and a well-filled innovation pipeline.
The growth of our markets – medical, cosmetics/cleansing and animal nutrition – is based on long-term megatrends such as progress in medicine, the aging population, the expanding middle class and, above all, sustainability. We can rely on these. In these markets, we work together with our customers and partners along the value chain to create value.
We hold market-leading positions in most of our businesses. In many cases, we were pioneers in our industries and have been the market leaders for several decades. Our key competitive advantage, which has made all this possible, is our ability to understand complex systems. Traditionally, our thinking has gone beyond chemistry, we have worked on interfaces between chemistry, biotechnology, medicine, nutrition, physiology and engineering. This enables us to develop holistic solutions, which our world urgently needs.
The innovative strength of Nutrition & Care is based primarily on three key factors: We have strong expertise in biotechnology. We understand our customers and their value chains. Sustainability is our top priority.
Using this innovative strength, we want to remain as an important growth and value driver for Evonik and for our customers, while striving to sustainably improve the lives of people across the world.