Medicinal & Botanical Manufacturing Industry: Statistics, Forecasts, and Company Data
Medicinal & Botanical Manufacturing - Market Size and Industry Forecast
The 2023 Medicinal and Botanical Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the medicinal & botanical manufacturing industry.
| Historical | Forecasted |
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
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Market Size (Total Revenue) | 
|
% Growth Rate |
Number of Companies |
Total Employees |
Average Revenue per Company |
Average Employees per Company |
Source: U.S. government financial data.Industry Revenue ($ Billions)

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Medicinal & Botanical Manufacturing - Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Medicinal & Botanical Manufacturing companies in the United States.
Medicinal & Botanical Manufacturing Revenue by State

Distribution by Company Size
Company Size | All Industries | Medicinal & Botanical Manufacturing |
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Small Business (< 5 Employees) | 
|
Small Business (5 - 20) |
Midsized Business (20 - 100) |
Large Business (100 - 500) |
Enterprise (> 500) |
Medicinal & Botanical Manufacturing - Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
| Industry Average | Percent of Sales |
---|
Total Revenue | 
|
Operating Revenue |
Cost of Goods Sold (COGS) |
Gross Profit |
Operating Expenses |
Operating Income |
Non-Operating Income |
Earnings Before Interest and Taxes (EBIT) |
Interest Expense |
Earnings Before Taxes |
Income Tax |
Net Profit |
Average Income Statement

Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Medicinal & Botanical Manufacturing - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
Financial Ratio | Industry Average |
---|
Profitability Ratios | 
|
Profit Margin |
ROE |
ROA |
Liquidity Ratios |
Current Ratio |
Quick Ratio |
Activity Ratios |
Average Collection Period |
Asset Turnover Ratio |
Receivables Turnover Ratio |
Inventory Conversion Ratio |
Medicinal & Botanical Manufacturing - Product Mix
Product Description | Description | Revenue ($ Millions) |
---|
Medicinal and botanical manufacturing | 
|
Medicinal and botanical chemicals, drugs, and other products |
Medicinal and botanical chems, drugs, prods, for human use |
Medicinal and botanical chems, drugs, prods, for veterinary use |
Medicinal and botanical chemicals, drugs, and other products, nsk |
Medicinal and botanical manufacturing, nsk, for admin-records |
Medicinal & Botanical Manufacturing - Compensation and Salary Surveys
Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|
Management Occupations | 11% | 
|
Chief Executives | 0% |
General and Operations Managers | 2% |
Business and Financial Operations Occupations | 8% |
Business Operations Specialists | 7% |
Architecture and Engineering Occupations | 6% |
Life, Physical, and Social Science Occupations | 16% |
Life Scientists | 6% |
Physical Scientists | 6% |
Chemists and Materials Scientists | 6% |
Chemists | 6% |
Office and Administrative Support Occupations | 8% |
Production Occupations | 32% |
Other Production Occupations | 26% |
Packaging and Filling Machine Operators and Tenders | 9% |
Packaging and Filling Machine Operators and Tenders | 9% |
Government Contracts
In the past, the federal government spent an annual total of
$354,655,361 on the medicinal & botanical manufacturing industry. It has awarded 14,370 contracts to 78 companies, with an average value of $4,546,864 per company.
Medicinal & Botanical Manufacturing and Adjacent Industries - Top Companies
Company | Address | Revenue ($ Millions) |
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