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The World's Most Lucrative Business Markets by theEYe21(f): 11:10pm On Jun 28, 2016
1. Drugs

Two words best describe the global drug market: Insanely large. According to UNODC (The UN Office on Drugs and Crime), the global market for illicit drugs is worth more than $300 billion annually. If the drug black market were a country, its GNP would rank 21st in the world, after Sweden.

Marijuana alone has a market value of $141.8 billion, according to the black-market research organization Havocscope. Add to that a $70 billion cocaine market, a $65 billion market for prescription drugs, and a $28 billion amphetamines market, and you just have the beginning. One can only marvel that governments are missing out on the taxation opportunity.

2. Defence

Governments spend trillions per year on tanks, artillery, armored vehicles, aircraft, motor gunboats, missiles, and other defense goodies. Global military spending was $1.14 trillion in 2007. That number is only going up. Global military spending is expected to increase 34% to $1.15 trillion by 2012. And global defense industry profits increased 12.6% during 2007-8, according to Fortune.

Who’s the biggest, baddest military spender of them all? That honor goes to the US, which spent $623 billion on defense in 2008. We’re also the world’s biggest military weaponry supplier. 9 of the 10 biggest profiteers of last year’s global war spend were US companies. Hey, at least we have one market that the recession hasn’t dry up.

3. Prostitution

If you’ve ever slipped a sex worker money for sweet-tasting deeds, congratulations. You just contributed to a $108 billion market. Enslavement contributes to those high returns: Globally, a single woman sex slave earns her love-vendor up to $250,000/year. Who needs business school when you can build an empire of prostitutes?

Although prostitution is more common in poor countries and around military bases, rich countries like the US certainly get their share. Here, prostitutes charge an average of up to $50 for MouthAction, $100 for intercourse, and have 3-5 clients per day. If nothing else, the prostitution market is productive

4. Oil

The oil market, like its product, is vast, slippery and opaque. Nobody’s even sure what the market size is. According to one estimate, it’s worth a whopping $2.5 trillion.

Underhanded deals and collusion play no small part in this (read this article for more), but even the legitimate numbers are impressive. Crude oil production profits increased 16.2% in 2007-8 alone.

The 6 most profitable oil companies in the world—Exxon Mobil, Gazprom, Shell, Chevron, BP, and Brazil’s Petrobras—netted a total profit of $156 billion in 2008. Add to that peak oil’s potential supply shortages, OPEC’s ongoing legal collusion, a $12.5 billion oil smuggling black market, and shady commodities deals, and you have oil barons swimming in profits for the foreseeable future.


5. Counterfeits


Counterfeiting continues to burgeon, especially with regards to technology and drugs. Check out these Havocscope market size numbers:

• Counterfeit technology products: $100 billion
• Counterfeit pharmaceutical drugs: $75 billion
• Web video piracy: $60 billion
• Software piracy: $51.4 billion
• Movie piracy: $18.2 billion
• Counterfeit auto parts: $16 billion

The list above doesn’t include other lucrative counterfeit markets like clothing, shoes, and pirated music. Or fake medical devices, which make up a $7 billion market. Even more scarily, counterfeit airline parts are a $2 billion market. Cheapness, it seems, has no rational limits.

6. Sports

No matter what country you’re in, you have a home team. You may own merchandise, like a baseball cap or mug, related to that team. You probably watch your team’s games on TV. You may even place the occasional bet on your team (unless you’re a Cubs fan).

Around the world, there are millions, perhaps billions of people just like you. Thanks to your fandom, savvy merchants are cashing in big on TV rights, sponsorships, merchandise, hospitality, and the hundreds of other ways sports can make money.

According to Plunkett Research, in the US alone, the “Big 4”–NFL, NBA, NHL and MLB–bring in $17 billion in annual revenue. “That’s just the tip of the iceberg,” says Plunkett:

U.S. sporting equipment sales at retail sporting goods stores are roughly $41 billion yearly, according to U.S. government figures. A reasonable estimate of the total U.S. sports market would be $400 to $425 billion yearly. However, the sports industry is so complex, including ticket sales, licensed products, sports video games, collectibles, sporting goods, sports-related advertising, endorsement income, stadium naming fees and facilities income; that it’s difficult to put an all-encompassing figure on annual revenue.

That’s the US alone. Now add in soccer, rugby, handball, table tennis, muay thai, and all those other sports the rest of the world loves. Sprinkle in global events for good measure–this year’s FIFA World Cup is expected to bring in about $3.4 billion in revenue–and sports is always in the running for the world’s most lucrative market.
Re: The World's Most Lucrative Business Markets by theEYe21(f): 11:12pm On Jun 28, 2016
7. Gambling

Last year, gross legal gaming revenues in the US were about $33 billion. Nevada alone was responsible for more than $10 billion of that. If you add other global gambling centers, such as Macau (which brought in $1.7 billion this February alone), Monte Carlo, Estonia, other legal global casinos bring that amount up substantially.


Virtual venues also rake in returns. The American Gaming Association says that “Internet gambling revenue for offshore companies was estimated to be $5.9 billion in 2008 from players in the United States and $21.0 billion from players worldwide.”

Take away the taxes, and gambling becomes a sea of profit. In the US alone, illegal sports wagers are worth as much as $380 billion annually, according to one National Gambling Impact Study Commission estimate. (About 92% of those earnings go to organized crime groups.) How big is illegal gambling? Perhaps Roger Dunstan sums it up best in this government report: “We are ignorant about the full extent of it.” Suffice to say, it is very lucrative.
Re: The World's Most Lucrative Business Markets by theEYe21(f): 11:15pm On Jun 28, 2016
8. Banking


The recent global liquidity crisis brought down the pre-tax profits of the world’s top 1,000 banks to a measly $115 billion. Still, those same banks hold $800 trillion in assets. If those asset numbers go much higher, they’re going to be the first industry to introduce us to the concept of quadrillion.

Investment banking fees alone made banks $66 billion in 2009. Nearly half of those revenues came from US banks, followed by Europe. That said, the world’s most profitable bank today is the Industrial & Commercial Bank of China, which made $16 billion in profits in 2008.
Re: The World's Most Lucrative Business Markets by Ofemmanu1: 11:16pm On Jun 28, 2016
Very informative.
Re: The World's Most Lucrative Business Markets by theEYe21(f): 11:17pm On Jun 28, 2016
9. Alcohol

The combined market cap of the world’s five biggest alcohol companies is $227 billion. Nearly 200 billion liters of alcohol were sold in 2004; that number has since gone up, thanks in large part to developing countries in Eastern Europe and Asia.

Still, “the leading alcohol marketing companies are nearly all headquartered in developed nations, rank among the world’s largest transnational corporations, and rely on large marketing budgets to dominate the market and extract oligopoly profits,” according to the World Health Organization. They profit heavily off those addicted to their products. In the US, for example, the “top top 5% of drinkers consume about 42% of the alcohol sold,” according to Corporations and Health. Add in minors, who consume about 17.5% of total alcohol sold, and binge drinkers, and you have an ongoing lucrative proposition.
Re: The World's Most Lucrative Business Markets by theEYe21(f): 11:20pm On Jun 28, 2016
10 Pornography



How big is porn? Well, how big do you want it to be, baby?

Porn sales statistics are notoriously hard to get your hands on. Everyone seems to have a size estimate, but nobody has an accurate measuring stick to see how big the industry really is.

One 2006 estimate has the global porn industry at $97 billion in revenues. Although piracy is eating into the profits of more traditional outlets like paid online subscriptions and DVDs, underpaid porn stars and nearly infinite distribution channels ensure that the industry remains strong. Everyone from Verizon (smartphone porn) to Marriott (pay-per-porn) profits off the stuff. According to one estimate, 28,000 Internet users are watching porn every second.

Adult-oriented video games, magazines, anime and manga also diversify porn’s income channels. Even though the economies of porn market leaders Great Britain, South Korea, and the US have have slumped, peoples’ sex drive hasn’t.
Re: The World's Most Lucrative Business Markets by theEYe21(f): 11:23pm On Jun 28, 2016
11. Pharmaceuticals

The global pharmaceutical market is estimated to be worth more than $700 billion. They’re also one of the world’s most profitable industries (with profit as a percentage of revenue).

Yet patent expirations threaten the pharma industry’s profit engine. The US, which boasts some of the world’s most profitable pharma companies, has a big patent cliff coming in 2012. Pharma companies are scrambling to find new drugs, redefine old ones, and sell to new markets to retain their bite of the profit pie.
Re: The World's Most Lucrative Business Markets by theEYe21(f): 11:27pm On Jun 28, 2016
12. Entertainment

Combating boredom has always been good business. Whether it’s paying $20 for a 3-D Shrek movie or being one of 11 million people to buy a copy of Halo 3, consumers always seem to have entertainment money on hand.

The US is the biggest entertainment market in the world, raking in an estimated $726 billion this year (PWC projection). The lowly TV, it turns out, still has a lot of cash-cow power. TV ads are estimated to make more than $200 million of that. Hollywood movie studios will make most of their profits from come from TV licensing. Computer and video game software, meanwhile, made $11.7 billion in 2008. The number of games sold worldwide continues to grow.

On the international stage, Asia is catching up, with a projected $425 billion entertainment market this year. China is leading the pack; some say the Chinese film industry will be bigger than the US’s by 2050. Even if we’re all watching movies on our iPads in a few years, entertainment in its many forms will continue to be one of the most lucrative markets around.
Re: The World's Most Lucrative Business Markets by theEYe21(f): 11:29pm On Jun 28, 2016
13. Human Trafficking

Human trafficking could be the ultimate organized crime. Essentially, people are tricked or stolen away from their homes and turned into slaves. Girls and women become prostitutes, children are trafficked for adoptions purposes, still others are forced into bondage as laborers.

Human trafficking is worth a relatively paltry $32 billion today, but it’s the fastest growing organized crime in the world. At least 27 million people around the world were slaves in 2008, according to American Public Radio. That number will only go up. In Europe and North America, sex trafficking alone generated as much as $9 billion in 2004. When you consider the low overhead involved, human trafficking could be one of the most profitable businesses around.
Re: The World's Most Lucrative Business Markets by olatunjithomas(m): 11:52pm On Jun 28, 2016
enjoying this post like




but op,how about internet business

Re: The World's Most Lucrative Business Markets by MissShakara: 5:57am On Jun 29, 2016
Nice one op
Re: The World's Most Lucrative Business Markets by theEYe21(f): 7:36am On Jun 29, 2016
This thread is about top 13 lucrative Buisnesses, feel free to add yours smiley
olatunjithomas:
enjoying this post like



but op,how about internet business
Re: The World's Most Lucrative Business Markets by theEYe21(f): 10:04am On Jul 01, 2016
.
Re: The World's Most Lucrative Business Markets by lymelyte(m): 3:33pm On Jul 01, 2016
FRAUD aka yahoo yahoo grin

1 Like

Re: The World's Most Lucrative Business Markets by theEYe21(f): 10:56pm On Aug 15, 2016
smiley

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