The global economy has been negatively impacted by Covid-19. Some industries have managed to keep their heads up and remain hopeful. The 15 most profitable industries in the world in 2021 are highlighted. Five of these industries are highlighted in this article. During this moment of economic downturn, the tech industry was the most optimistic. Mark Zuckerberg, the 37-year-old Facebook CEO, has a net worth of $119.3 billion, making him a centa-billionaire. PepsiCo and other food and beverage companies have also done well. The tourism, aviation, and hotel businesses have had to recover from the impact of COVID-19. Some once-powerful sectors were unable to join this list due to travel limitations in some regions, which forced them to collapse. These industries, as well as many others, will not achieve their full potential anytime soon.
Insider Monkey takes a look at the 15 most profitable industries in the world in 2021. In our estimate of the 15 most profitable industries in the world in 2021, the online retail industry comes in at number 15. Online sales have soared as a result of the ongoing pandemic, amounting to an online retail gross profit of $288.8 billion. The industry has a net income of $45.7 billion and capital returns of 11.19 percent. The food processing business was included in the ranking of the world’s 15 most profitable industries in 2021. Since 2019, Nestlé S.A. (OTC: NSRGY) has grown at a rate of 2.4 percent, with gross profits reaching $81.2 billion. The soft drinks sector has a 20.19 percent return on invested capital and a $115 billion gross profit. PepsiCo announced an increase in net income from $1.77 billion to $ billion, as well as an increase in revenue of 8.8 percent. Real estate development generates $85.3 billion in net income and $264.4 billion in gross profit. Real estate developers have one of the lowest capital returns on the list, with only 8.29 percent. One of the most tangible assets one may own is real estate. PayPal Holdings Inc. is expected to be one of the world’s 15 most profitable industries in 2020. The information services business made $108 billion in total profits, $29.5 billion in net income, and a 23.40 percent return on invested capital. The semiconductor sector has a net profit of $81.5 billion and a return on capital investment of 19.36%. The total profit made is $219.9 billion dollars. Some of the major participants in this industry include Intel Corporation, NVIDIA Corporation, and AMD. The insurance business has achieved a gross profit of $452.6 billion and a net profit of $86 billion. At 10.70 percent, the return on capital is relatively modest. Prudential Financial Inc. is a Fortune 500 firm that specializes in life insurance. For more details, click 15 Most Profitable Industries in the World in 2021.
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