Despite what can be seen as an unusual year for many industries, there are others that have been emerging and succeeding in 2020. Many of these industries have been creating new products and offering new services which are working really well for them. Some offer health products that are in high demand while others are focusing their efforts on tech. As these industries continue to blossom, we ask – what are the top emerging industries of 2020? Read on to hear our thoughts.

CBD

The CBD industry is one that really started to become profitable over recent years. However, recently, we have seen CBD being featured in more high-end products. Whether you are looking for CBD food, drink, pet products or even health and beauty products, you can find them in 2020. According to reports, the CBD beauty industry will be worth around $25 billion over the next 10 years. Make sure to keep an eye on this industry.

Biohacking

Have you ever heard of biohacking? This is one of the emerging industries of 2020 that we really think you should be paying attention to.  Biohacking refers to the optimisation of the body and mind. Typically, it will involve IV hydration therapy and genetic manipulation. While this might seem a bit out there, this industry has experienced a lot of growth over recent years including a 71% increase in the past year.

AI

Artificial intelligence isn’t necessarily something new but over the past year, this industry has been emerging and becoming a necessary part of many new tech products. Entrepreneurs like Tej Kohli have been putting their faith in this tech to really grow and develop. Many of us are using AI in the products that we have at home, in the office and on our smartphones without realising it. While AI might appear to have peaked, this is only the beginning for this technology.

Astrology

Some people will live their lives according to astrology while others won’t believe anything that an astrologist has to say. There doesn’t seem to be an in-between but this doesn’t matter too much because the astrology industry is still profiting in 2020. In fact, this industry can be seen as one of the top emerging industries as new products surrounding this kind of belief are created every year. Products include podcasts, apps and books and there are many top astrology brands. This is certainly an industry that you should take note of if you haven’t already. 

Final Thoughts

If you aren’t paying attention to any of these industries then you should make sure to in the coming year. They are all profiting more than ever before and they are set to experience even more growth as time goes on. These are just some of the industries that are emerging, others include the health tech and plant-based industries. Make sure to keep an eye on these.