Based on the expert analysis and our database of 1,300+ US industries, IBISWorld presents a list of the Industries with the Highest Profit Margin in the US in 2021
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View a list of the Top 25 industries with the highest profit marginProfit Margin 2021: 18.6%
The Premium Pet Food Manufacturing industry is composed of operators primarily engaged in the manufacture of cat and dog food, distinguished by their products' higher margin nature. Overall, the primary driving factor for industry performance is the quantity of pets, namely cats and dogs, in the United States, which has increased an annualized 1.8% over the five years to 2021. Furthermore, positive consumer trends surrounding pet ownership have been a boon to the industry, with consumers being more willing to spend a greater share of their disposable income on their pets. Lastly, the shift towards e-commerce and the rise of... Learn More
Based on the expert analysis and our database of 1,300+ US industries, IBISWorld presents a list of the Most Profitable Industries in the US in 2021
VIEW ARTICLEBased on the expert analysis and our database of 1,300+ US industries, IBISWorld presents a list of the Fastest Growing Industries in the US by Revenue Growth (%) in 2021
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