When it comes to this year’s most significant emerging industries, we are in for a wild ride in the wellness space. From CBD and veganism to biohacking fax number database and astrology, the outlook for these high-growth industries is bright. At 99designs, we keep a close watch on how industry trends are evolving, and what our clients need to adapt to any flourishing sectors. Last year we tipped some of 2019’s hottest emerging industries, and judging by our numbers, the four sectors below are on track to experience phenomenal growth in 2020. 1.
CBD products — As the cannabis industry continues to shed its social stigma, the rise of cannabidiol (or CBD for short)—particularly in high-end lifestyle fax number database products—has been astronomical. Emerging industry 2020: CBD products infographic excerpt Already estimated to be a multi-billion dollar global industry spanning food and drink, health and beauty, pet products and more, we’ve seen an incredible 1568% increase in CBD-related design work completed on 99designs since 2015, and with a sharp 61% increase over the past 12 months, it’s showing no signs of slowing down.
Why now? CBD has been big news in the United States for a couple of years now (we identified cannabis as one of 2018’s most significant emerging industries) but in other places like Europe, it has become this year’s wellness trend du jour. CBD does not contain fax number database the psychoactive ingredient (THC) which causes a ‘high’ sensation, instead claiming an impressive range of health benefits from easing anxiety to reducing pain. Its spike in popularity is partly thanks to a much wider and more indepth public understanding of the differences between psychoactive and non-psychoactive cannabis extracts, as well as people becoming more used to these newly legalized ingredients being available in mainstream stores like Sephora or Walgreens.