What is the company's current sales forecast for the renewable green diesel segment globally by 2025
gment on track to have $80 billion in sales globally by 2025; and in which we're constantly expanding our product portfolio including our recently introduced Bio-Kult Brighten, which includes ingredients to reduce tiredness and fatigue.
And then there is pet food, which is forecast to grow to more than $130 billion globally by 2025 and an area in which we launched our new premium cat food in Mexico, earlier this year. The list goes on. Renewable green diesel, pharmaceuticals and personal care, beverages all large high-growth opportunities powered by macro consumer trends like sustainability and health and wellbeing. And in each of those segments and more, our unparalleled global footprint, fully integrated value chain, customer insight, broad portfolio and speed to market are setting us ahead of the competition and fueling our growth. That's why, we are so optimistic about our path forward. Of course, there are always going to be short-term factors for us to navigate. But those are not things that will impact our long-term success.
Our confidence is rooted in the transformation we began a decade ago and which continues with our work in productivity and innovation, as well as our expanding participation in large and fast-growing market opportunities. So to conclude, we have a great start of the year and we expect to continue our momentum, in the second half to deliver very strong 2021 earnings. As we've discussed, we are moving to a new phase of our strategic growth plan. With what we have accomplished over the years on capital discipline targeted cost reductions and cash generation and moving through our portfolio transformation and our efforts to optimize business performance, drive efficiencies and expand strategically. I believe we have successfully increased our base earnings power from $3 a share back in 2015 to a range of $4 to $4.50 this year.
And now, as we enter the next stage of our growth leveraging the key macro trends of food security health and well-being and sustainability with our continued focus on productivity and innovation and with future targeted investments, we believe our medium-term,annual earnings trend growth rate will be in the high single-digit percentages from these $4 to $4.50 per share baseline.
With that, operator please open the line for questions.
Questions and Answers:
Operator
[Operator Instructions] Your first question is from Adam Samuelson of Goldman Sachs.
Adam Samuelson -- Goldman Sachs -- Analyst
Yes. Thank you, and good morning, everyone.
Juan Luciano -- Chairman & Chief Executive Officer
Good morning, Adam.
Ray Young -- Chief Financial Officer
Good morning.
Adam Samuelson -- Goldman Sachs -- Analyst
I want -- maybe just something you just mentioned in the prepared remarks the $4 to $4.50 baseline of EPS this year and the high single-digit growth thereafter just to be clear is that -- should we take that as a reasonably formal EPS range for 2021 just given the performance year-to-date? I just want to clarify just, how we're framing that.
Juan Luciano -- Chairman & Chief Executive Officer
Yes, Adam. Listen, when we were -- when we put together the previous phase of the strategy, we were looking at growing as I said before from $3 to land in the $4 to $4.50 area and achieve 10% ROIC. As we started to see those goals in sight, we started on the development of the new phase of the strategy. So, we took that base of $4 to $4.50 and we created a five-year plan. When we put together that plan, with all these opportunities that I highlighted and focused on productivity and innovation, that plan shows that from that base of $4 to $4.50 will grow over the next five years at the rate of high single-digit growth per year. So that's what we said in the -- at the outlook. Hello? Are we still on the line?
Adam Samuelson -- Goldman Sachs -- Analyst
I'm sorry. And then, just a market macro question, if I may. Just, we've seen some volatility in oilseed crush margins around the world of late. It seems like, especially, in China, the soy meal demand has waned a little bit, with the wheat substitut
gment on track to have $80 billion in sales globally by 2025; and in which we're constantly expanding our product portfolio including our recently introduced Bio-Kult Brighten, which includes ingredients to reduce tiredness and fatigue.
And then there is pet food, which is forecast to grow to more than $130 billion globally by 2025 and an area in which we launched our new premium cat food in Mexico, earlier this year. The list goes on. Renewable green diesel, pharmaceuticals and personal care, beverages all large high-growth opportunities powered by macro consumer trends like sustainability and health and wellbeing. And in each of those segments and more, our unparalleled global footprint, fully integrated value chain, customer insight, broad portfolio and speed to market are setting us ahead of the competition and fueling our growth. That's why, we are so optimistic about our path forward. Of course, there are always going to be short-term factors for us to navigate. But those are not things that will impact our long-term success.
Our confidence is rooted in the transformation we began a decade ago and which continues with our work in productivity and innovation, as well as our expanding participation in large and fast-growing market opportunities. So to conclude, we have a great start of the year and we expect to continue our momentum, in the second half to deliver very strong 2021 earnings. As we've discussed, we are moving to a new phase of our strategic growth plan. With what we have accomplished over the years on capital discipline targeted cost reductions and cash generation and moving through our portfolio transformation and our efforts to optimize business performance, drive efficiencies and expand strategically. I believe we have successfully increased our base earnings power from $3 a share back in 2015 to a range of $4 to $4.50 this year.
And now, as we enter the next stage of our growth leveraging the key macro trends of food security health and well-being and sustainability with our continued focus on productivity and innovation and with future targeted investments, we believe our medium-term,annual earnings trend growth rate will be in the high single-digit percentages from these $4 to $4.50 per share baseline.
With that, operator please open the line for questions.
Questions and Answers:
Operator
[Operator Instructions] Your first question is from Adam Samuelson of Goldman Sachs.
Adam Samuelson -- Goldman Sachs -- Analyst
Yes. Thank you, and good morning, everyone.
Juan Luciano -- Chairman & Chief Executive Officer
Good morning, Adam.
Ray Young -- Chief Financial Officer
 Good morning.
Adam Samuelson -- Goldman Sachs -- Analyst
I want -- maybe just something you just mentioned in the prepared remarks the $4 to $4.50 baseline of EPS this year and the high single-digit growth thereafter just to be clear is that -- should we take that as a reasonably formal EPS range for 2021 just given the performance year-to-date? I just want to clarify just, how we're framing that.
Juan Luciano -- Chairman & Chief Executive Officer
Yes, Adam. Listen, when we were -- when we put together the previous phase of the strategy, we were looking at growing as I said before from $3 to land in the $4 to $4.50 area and achieve 10% ROIC. As we started to see those goals in sight, we started on the development of the new phase of the strategy. So, we took that base of $4 to $4.50 and we created a five-year plan. When we put together that plan, with all these opportunities that I highlighted and focused on productivity and innovation, that plan shows that from that base of $4 to $4.50 will grow over the next five years at the rate of high single-digit growth per year. So that's what we said in the -- at the outlook. Hello? Are we still on the line?
Adam Samuelson -- Goldman Sachs -- Analyst
I'm sorry. And then, just a market macro question, if I may. Just, we've seen some volatility in oilseed crush margins around the world of late. It seems like, especially, in China, the soy meal demand has waned a little bit, with the wheat substitut