The world’s population has been growing rapidly for decades and we’re predicted to surpass 8 Billion people by the end of 2023, but this figure fails to paint the full picture of what our population will look like.
Birth rates across much of the world are falling and the consequences of that are pretty alarming. Japan, Italy, Spain, Portugal, Thailand and South Korea are some of the 23 countries that are expected to have their populations halved by 2100. A falling birth rate compounded by the effects of modern medicine keeping people healthier for longer has meant that the world is in a unique position. Our population is getting older.
The ways in which we will adapt are yet to be seen, but an aging population does not spell disaster. In fact, there are some industries that are set to benefit from us getting older. Here are some of our suggestions to answer the question in the mind of investors: what are the best stocks to invest in for an aging population?
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Simply Wall St analyst Bailey Pemberton and Simply Wall St have no position in any of the companies mentioned.