As the world moves more into the online realm, so should you. 

If you’re looking to make money, one of the best ways to do this is by finding a niche in the market and capitalizing on it. There are loads of opportunities available; you just need to be looking in the right places,

Here, we will be taking a closer look at some of the trending niches in the US that have shown fantastic market growth and provide entrepreneurs with brilliant potential if you’re willing to do the work.

Eco-Friendly Products

Although it’s taken us a while as a civilization to realize the effects we are having on the planet, the concept of being cognizant of the environmental impact we have on our ecosystem has been around for longer than you think.

It’s only now that we are beginning to witness the true devastation caused by our lifestyles.

Herein lays the niche.

There are countless companies and NGOs that have sprung up over the past few years that have designed their products primarily around being good or better for the environment than competitors.

More and more global citizens are trying to do their part by reducing their carbon footprint on the earth. These range from agriculture to transport and even the casino industry. 

The casino industry has gone online, which means land based entities are slowly decreasing. By doing so, they are alleviating the need for electricity, delivery trucks, air-conditioning and many other contributing factors to climate change. 

An example is like this online casino, which is completely digitally powered and other brands should endeavor to follow suit to keep up with changes in the market.

reCommerce

If you’re not sure what this is, don’t be concerned. It basically refers to the practice of reselling items online. Essentially, it’s the sale of both previously owned and new goods online, which is becoming quite the craze lately.

As you might imagine, this is totally on brand for people who are conscious of being eco-friendly. Not to mention the fact that everyone is looking for a good deal when it comes to high end products, which you’re far more likely to find here than at the store.

Health & Wellness

There has been a drastic rise in the health and fitness industry over the past few years. Everyone wants to look and feel good, right? 

What better way to do this than eating healthy and exercising.

With that being said, there has been an explosion in the homeopathic industry as more people are looking for healthier alternatives with regards to what they’re putting into their bodies.

Superfoods, kinetic exercise equipment, yoga and many other holistic products have seen massive growth in popularity which makes this a perfect niche for anyone. 

Pet Products

They say that pets are the new children for this generation.

More and more millennials are turning to adopting pets rather than bringing another human into the world. This has been the driving force behind the dramatic rise in the pet product industry.

Almost everyone owns a pet and treats it like part of the family. No expense is spared when it comes to those who truly love their dear friends.

Electric Vehicles

Probably one of the markets that should have taken off ages ago. The electric vehicle industry is poised to skyrocket very soon as they’re already making waves throughout the automotive market.

The only thing holding them back at the moment is the cost of producing batteries. But you can bet your bottom dollar that with technology advancing at such an astonishing rate; it won’t be long before the prices on these batteries will make it affordable to all.

Technology & Gadgets

We’ve all seen just how far the world has come in just a couple decades.

The rule of thumb is that the rate of development when it comes to technology is doubled each year. A startling fact yes, but oh so true.

Just look at your smartphone for instance. It wasn’t long ago when it couldn’t fit in your pocket while the screen was the size of a matchbox which displayed no colors or images. 

Now it has replaced almost every piece of office equipment and displays are out of this world. You’re able to talk with people on the other side of the planet in real time. Just taking this into account should give you some sort of idea as to where we’ll be in just a couple years.

Think about it, if we’re going to have our first space tourists this year thanks to Spacex, Virgin Galactic and Blue Origins, what’s next?