Prepared for Andy S. | Delivered January 17, 2020
Fiction and Non-Fiction: Publisher revenue
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To identify the revenue breakdown between fiction and non-fiction in the book publishing industry in the US.
According to the Association of American Publishers (AAP), US book publishing industry generated an estimated revenue of
2.71 billion units
The publisher revenue for adult fiction was
for children’s & young adult fiction in 2018, totaling $8.12 billion for the fiction category.
Since trade books (fiction, non-fiction, and religious presses) had a revenue of
in 2018 and fiction and religious books generated $8.12 billion and
respectively, we can conclude that the publisher revenue for non-fiction amounted to $6.85 billion during the period (16.19-8.12-1.22).
Non-fiction books showed the largest growth in revenue for publishers over the past five years with a
increase in adult non-fiction and a
increase in children’s & young adult non-fiction (2014-2018).
According to Forbes, "2013 was the last year that the adult fiction category beat non-fiction in revenue (at
in revenue to non-fiction's
). Revenues for adult non-fiction have rapidly risen every year since:
in 2016, and finally
last year. In the same five-year period, adult fiction revenues dropped from a high of
in 2013 to 2017's low of