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
Want to see more most profitable industries?
View a list of the Top 25 most profitable industriesTotal Profit for 2021: $2.1B
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
Total Profit for 2021: $8B
Operators in the Business Coaching industry offer leadership and management training courses, including courses to enhance knowledge in particular areas, such as IT and change management. The industry is heavily reliant on demand from its largest market, the middle and senior management staff of US corporations. Favorable economic conditions prior to 2020 enabled new and existing companies to expand their operations, boosting demand for industry services. However, the economic disruption caused by the COVID-19 (coronavirus) pandemic has offset any previous growth, resulting in decreased corporate profit. As a result, industry revenue has declined 7.5% in 2020. In 2021, the industry's... Learn More
Based 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
VIEW ARTICLEBased on the expert analysis and our database of 1,300+ US industries, IBISWorld presents a list of the Biggest Industries by Revenue. in the US in 2021
VIEW ARTICLEDownload a free sample report today to discover the breadth and depth of information available at your fingertips!
GET SAMPLE REPORT