Medicinal and Botanical Manufacturing in New Jersey
Revenue benchmarks for medicinal and botanical manufacturing businesses operating in New Jersey.
#9 of 50 states+38.3% vs national avg
Average Revenue
$29.1M
per year
Businesses
39
in New Jersey
Revenue / Employee
$458K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in NJ
Total Revenue
$1.1B
all firms in NJ
Total Employees
2,477
in NJ
How New Jersey Compares
National Average$21.0M
New Jersey$29.1M
Difference+$8.1M (+38.3%)