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25 U.S. Industries that are Crushing the Pandemic

Almost a year into the COVID-19 pandemic, some businesses not only found a way to survive but are thriving. These 25 industries are among those achieving the fastest growth in 2020.

Industry

Growth

1. Online Grocery Sales

74.5%

2. Cough & Cold Medicine Manufacturing OTC

68.8%

3. 3D Printing & Rapid Prototyping Services

28.8%

4. Online Pet Food & Pet Supply Sales

28.5%

5. Hydraulic Fracturing Services

27.8%

6. Autonomous Underwater Vehicle Manufacturing

26.7%

7. U.S. Stock & Commodity Exchanges

26.3%

8. Medical & Recreational Marijuana Growing

25.2%

9. Thermometer Manufacturing

23.7%

10. Massage Franchises

23.6%

11. Medical & Recreational Marijuana Stores

23.4%

12. Meal Kit Services

22.8%

13. Video Conferencing Software Developers

21.4%

14. Community Housing & Homeless Shelters in the U.S.

21.2%

15. Hospital Bed Manufacturing

19.7%

16. Social Networking Sites

19.0%

17. Hand Sanitizer Manufacturing

18.7%

18. For-Profit Universities

18.6%

19. 3D Printer Manufacturing

17.9%

20. Fraud Detection Software Developers

17.6%

21. e-Commerce & Online Auctions

17.4%

22. Personal Protective Equipment Manufacturing

17.4%

23. Wound Care Product Manufacturing

16.5%

24. Online Vitamin & Supplement Sales

15%

25. Gold & Silver Ore Mining

14.4%

Source: IBISWorld, “The 25 Fastest Growing Industries in the U.S.,” 2020

 

It’s possible to grow your business during the pandemic. Contact your Synovus Relationship Manager to learn how.

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