Medicinal and Botanical Manufacturing in Utah
Revenue benchmarks for medicinal and botanical manufacturing businesses operating in Utah.
#22 of 50 states-44.1% vs national avg
Average Revenue
$11.7M
per year
Businesses
34
in Utah
Revenue / Employee
$282K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.0
firms per 100K in UT
Total Revenue
$399.0M
all firms in UT
Total Employees
1,413
in UT
How Utah Compares
National Average$21.0M
Utah$11.7M
Difference$9.3M (-44.1%)