In Florida, the mining, quarrying, and oil and gas extraction industry added around 990 million chained 2017 U.S. dollars of value to the state's gross domestic product (GDP) in 2023. The total value added to Florida's GDP by all industries was about 1.29 trillion U.S. dollars that year.

Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNGSP) from 1997 to 2024 about GSP, FL, industry, GDP, and USA.

Thanks to its strong economy and robust infrastructure, Florida is an attractive destination for many manufacturers. The Sunshine State boasts a diverse economy, and its manufacturing sector is consistently adding jobs thanks to growth in industries like aerospace and electronics. This article will explore the latest facts, statistics, and top companies in Florida's manufacturing sector based on data collected directly from the state's manufacturers by MNI.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Florida (FLRGSP) from 1997 to 2024 about GSP, FL, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNQGSP) from Q1 2005 to Q4 2024 about GSP, FL, industry, GDP, and USA.

This statistic shows the revenue of the industry “wood kitchen cabinet and countertop manufacturing“ in Florida from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of wood kitchen cabinet and countertop manufacturing in Florida will amount to approximately ***** million U.S. Dollars by 2024.

Florida Data Center Construction Market size was valued at USD 762.41 Million in 2024 and is projected to reach USD 1,165.04 Million by 2032, growing at a CAGR of 6.43% from 2026 to 2032.The Florida data center construction market is experiencing significant growth, driven by several key trends. The rising adoption of cloud services, digital transformation across industries, and the rise of edge computing are major contributors to this expansion. Companies are increasingly adopting green building practices and striving to achieve energy efficiency and reduce carbon footprints. This involves the use of renewable energy sources, advanced cooling mechanisms, and innovative architectural designs that minimize energy consumption.Several factors are driving the growth of the Florida data center construction market. The state's strategic location as a gateway between the U.S. and Latin America enhances its appeal for data center investments.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

This data set includes the value of mineral production by state in the United States in thousands of U.S. dollars. The data represent commodities covered by the National Minerals Information Center of the U.S. Geological Survey. This data set includes years going back to 1990 and going through 2011; estimated data for 2012 and 2013 are available in the Mineral Commodity Summaries but are not included here because they are not considered final.

Technological integration, governmental infrastructure investment and a focus on sustainability are driving a period of transformation for engineering services. In 2025, the industry boasts an annual revenue of $367.4 billion, with a current-year growth rate of 1.9% and steady profitability hovering around 9.4%. This uptick in revenue and profit stability is mainly because of the adoption of new technologies like building information modeling (BIM) and 3D printing, which have streamlined operations and reduced costs. Substantial government investments, accounting for 34.4% of industry revenue, have provided a stable foundation for growth. However, interest rate fluctuations and growing demands for sustainable practices introduce challenges engineers must navigate to maintain momentum. Over the past five years, the engineering services industry has faced notable challenges, including revenue volatility because of changing interest rates and inflation. Despite rapid interest rate hikes, strengthening utilities construction and government investment helped revenue grow by 6.3% in 2023. Technological advancements have offered a silver lining, particularly in sustainable practices. Engineering companies have embraced renewable energy integration, driving innovation and competitive advantage. Yet, firms have had to navigate regulatory pressures and hefty investment costs for new technologies and sustainable techniques. Industry revenue has remained resilient, with a 2.6% CAGR since 2020. Looking ahead, digital transformation and climate resilience efforts promise dynamic shifts in the industry. Revenue is projected to reach $413.5 billion by 2030, growing at a CAGR of 2.4%. Emerging technologies like the Internet of Things (IoT), artificial intelligence (AI) and augmented reality (AR) will enhance profitability and streamline operations and client interactions. Firms specializing in climate resilience and sustainability will see climbing demand profitability as governments and private entities invest in infrastructure to counteract climate change. Meanwhile, the persistent talent shortage drives labor outsourcing growth at a staggering 24.6% CAGR through 2030. Personalization and data-driven solutions will be key as engineering servicers look to boost customer satisfaction and loyalty, ensuring long-term growth in an evolving and competitive market.

The residential sector is the greatest revenue stream for Florida Power & Light. In 2023, households accounted for 57 percent of the utility's operating revenue. Meanwhile, 33 percent of revenue generated that year was from commercial customers. Florida Power & Light is a subsidiary of NextEra Energy.

The Sugar Processing industry’s recent performance has been marked by record-high domestic production and a shift in import-export dynamics. In fiscal year 2023-24, sugar production soared to peak levels, hitting 9,305,000 tons. This surge was fueled by a combination of improved agricultural practices, favorable harvest conditions and significant consumer demand for sugar-based products. While this booming production has led to a surplus, evidenced by an ending stocks-to-use ratio well above USDA targets, it has also initiated downward pressure on prices, balancing processors' revenue growth with constrained profit margins. Over the five years to 2025, industry revenue expanded at a CAGR of 1.2% to reach an estimated $13.6 billion, including a 0.5% boost in 2025. Over the last five years, the Sugar Processing industry has navigated substantial growth in both production and imports. The industry's reliance on imports peaked in 2020 but stayed relatively high through 2024, bolstered by favorable trade conditions and growing consumer demand. However, these dynamics are shifting as the industry anticipates a sharp drop in imports for the upcoming fiscal year, driven by an increase in domestic production. This decrease in imports will likely offer a revenue boost to processors who rely less on foreign raw sugar, though it may also raise operational challenges for those dependent on imports. Meanwhile, swelling health consciousness among consumers has propelled demand for sugar alternatives, impacting traditional sugar demand and reshaping market structures. Looking ahead, the Sugar Processing industry will face continued challenges from consumer health trends and global market conditions. Industry revenue will inch up at a CAGR of 0.5% over the next five years to reach an anticipated $13.9 billion in 2030. Weight-loss drugs and a growing preference for sugar alternatives are expected to decelerate processors’ revenue growth. Simultaneously, the industry is eyeing new markets through increased exports as domestic production grows, positioning the United States as a burgeoning sugar exporter. Meanwhile, strategic shifts towards renewable energy usage, including harnessing bagasse for biomass power, are anticipated to bolster sustainability and revenue. As sugar processors navigate these dynamic changes, their ability to adapt—whether through innovation in sweetener alternatives or investments in renewable energy—will play a crucial role in their continued profitability and relevance.

According to Cognitive Market Research, the global Citrus Fibre market is expected to have a market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.

The Global Citrus Fibre market is expected to have a market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. 
The North American region is expected to have the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. 
Europe region is expected to grow fastest in the citrus fibre market with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Bakery Segment is expected to have the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. 
Orange segment is expected to have the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period. 

Market Dynamics

Key Drivers

Increasing preference towards plant-based products is increasing market growth 

A growing number of people are using citrus fibre, which is derived from the peels of citrus fruits, due to its numerous useful properties. It includes the ability to stabilize, thicken, and replace fat in food preparations. The increased customer desire for natural and clean-label ingredients is one element driving this market growth, forcing food makers to find substitutes for artificial chemicals and fillers. For instance, the PBFA reports that 70% of US residents now eat plant-based foods, up from 66% in 2022; in 2022, 60% of families ingested plant-based foods, and 80% of them were purchased again in all categories. Citrus fibre perfectly meets this need because it is a naturally occurring, plant-based ingredient, making it an attractive option for making nutritious food products. Citrus fiber's market is also growing as a result of its versatility across many other culinary and beverage sectors. It is widely used to enhance the texture, stability, and nutritional profile of goods including beverages, meat products, dairy alternatives, sauces, dressings, and dressings. For instance, the well-known citrus fibre manufacturer Fiberstar, Inc. offers its Citri-Fi® line of citrus fibre products, which are intended for a variety of applications in the food industry. Other companies, such as Florida Food Products and Herbafood Ingredients GmbH, are also specialized in the production and distribution of citrus fibre to meet the increasing demand from food makers worldwide. One of the main factors driving the expansion of the citrus fibre market is the trend towards food-based products, which is being driven by customer desire for natural and clean-label components. (Source- https://plantbasedfoods.org/2022-retail-sales-data-plant-based-food)

Rising development in the food & beverage industry is favouring the market growth 

Innovation is the primary engine of development and customer happiness in the ever-changing food and beverage business. Citrus fibre is one of the many components that have shaped the industry's growth. It is a flexible and highly sought-after component that has sparked a revolution in product formulations and market dynamics. Several elements are coming together to support this growing trend, such as customer desire for healthier alternatives, sustainability concerns, and developments in food technology. Citrus fibre, derived from citrus fruits such as limes, lemons, and oranges, is prized for its unique functional properties, such as its ability to thicken food naturally, bind water, and enhance texture. Consumers are actively looking for delicious meals and beverages that also help them achieve their health goals as a result of the growing emphasis on nutrition and general well-being. A 2022 Food Insight study found that the most popular options among the participants were clean eating (16%), mindful eating (14%), and calorie counting (13%). In addition, the food and beverage industry is going through a dramatic transformation driven by the pursuit of sustainability, technological advancements, and changing customer preferences. For instance, Natural Machines developed the Foodini, a 3D food printer capable of producing intricate designs and customized dishes using edible ingredients. This c...

The industrial nitrogen market, valued at approximately $XX million in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 4.75% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning chemical and pharmaceutical industries, along with the escalating demand for nitrogen in food processing and preservation, are significant contributors. Furthermore, the increasing adoption of nitrogen as a coolant and refrigerant in various industrial applications, including transportation and healthcare, is boosting market demand. Technological advancements leading to more efficient nitrogen generation and delivery systems are also propelling market growth. Growth is geographically diverse, with Asia Pacific, particularly China and India, expected to lead due to rapid industrialization and expanding manufacturing sectors. However, stringent environmental regulations related to nitrogen emissions and fluctuations in raw material prices present challenges to sustained growth. Competition among established players like Air Liquide, Air Products, and Linde, alongside regional players, is intensifying, leading to innovative product offerings and strategic partnerships. The market segmentation, encompassing various storage types (cylinder, packaged gas), functions (coolant, refrigerant), and end-user industries, reflects the diverse applications of industrial nitrogen and offers lucrative opportunities for specialized players. The forecast period (2025-2033) anticipates continued expansion, driven by sustained growth in key end-use sectors and the increasing adoption of cost-effective and sustainable nitrogen technologies. The market's segmentation by storage type (cylinder and packaged gas) offers insights into evolving consumer preferences and logistical considerations. Similarly, analyzing the functional segmentation (coolant and refrigerant) highlights the distinct applications driving market demand. The regional breakdown allows for targeted market penetration strategies, acknowledging the unique economic and regulatory landscapes of each area. Understanding these dynamics is crucial for manufacturers to tailor product offerings, optimize supply chains, and capitalize on the immense potential within specific market segments and geographic locations. The historical period (2019-2024) provides a valuable baseline for predicting future trends, factoring in past performance and external market influences. By understanding these trends and adapting to the competitive landscape, companies can strategically position themselves for success within this dynamic market. Recent developments include: April 2022: Linde plc signed another long-term arrangement to supply bulk industrial gases with a major space launch firm in Florida. Linde will deliver liquid nitrogen to the client from its air separation facility in Mims, Florida, expanding to increase production capacity by up to 50%. The extra capacity, expected to begin operations in 2023, will fulfill the new agreement's demands and increase demand from clients in the aerospace, healthcare, manufacturing, food processing, and water treatment end sectors., February 2022: INOX Air Products opened its sixth air separation plant in Hosur, India, to satisfy expanding healthcare and industrial demand. The INR 3000 million (USD 36.48 billion) plant at SIPCOT Phase II was completed in just 20 months. It will produce high-purity liquid nitrogen with a capacity of up to 150 MT per day, twice the current amount.. Key drivers for this market are: Increasing Demand from the Chemical and Pharmaceutical Industry, Growing Application in the Healthcare Industry; Other Drivers. Potential restraints include: Increasing Demand from the Chemical and Pharmaceutical Industry, Growing Application in the Healthcare Industry; Other Drivers. Notable trends are: Growing Demand from the Chemical and Pharmaceutical Industry.

Graph and download economic data for Gross Domestic Product: All Industries in Hillsborough County, FL (GDPALL12057) from 2001 to 2023 about Hillsborough County, FL; Tampa; FL; industry; GDP; and USA.

Graph and download economic data for Total Gross Domestic Product for Miami-Fort Lauderdale-West Palm Beach, FL (MSA) (NGMP33100) from 2001 to 2023 about Miami, FL, industry, GDP, and USA.

The boutique hotel market in the United States is set to explode between 2025 and 2035, thanks in part to the increasing consumer friends for distinct, personalized, unique, and experiential travel lodging. A new generation of boutique hotels rose to meet this demand, with their thoughtful design, carefully curated experiences and prioritization of the destination’s culture.

Metric	Value
Market Size in 2025	USD 19.47 Billion
Projected Market Size in 2035	USD 31.42 Billion
CAGR (2025 to 2035)	4.9%

Region	CAGR (2025 to 2035)
California	5.2%

Region	CAGR (2025 to 2035)
New York	5.1%

Region	CAGR (2025 to 2035)
Texas	4.9%

Region	CAGR (2025 to 2035)
Florida	5.0%

Company/Organization Name	Estimated Market Share (%)
Kimpton Hotels & Restaurants	18-22%
The Standard Hotels	12-16%
Ace Hotel Group	10-14%
1 Hotels	8-12%
Nobu Hotels	5-9%
Other Boutique Hotel Brands & Independent Properties (combined)	30-40%

This statistic shows the revenue of the industry “car washes“ in Florida from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of car washes in Florida will amount to approximately 672,0 million U.S. Dollars by 2024.

Florida Power & Light Company was the largest retailer of electricity in the United States in 2023. That year, the retailer sold over 127 terawatt-hours of electricity across all customer sectors. Its largest customer base are households, accounting for 55 percent of sales. Florida Power & Light Co. is also the leading U.S. electric utility by number of customers. Virginia Electric & Power Co ranked second in terms of overall sales, led by the commercial sector, with over 53 terawatt-hours sold.