Lafayette, LA

Business Ideas & Market Opportunities

The Lafayette market is currently trailing the national growth rate. Our analysis identifies 37 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

15,785

Total Competition Pool

Market Size

411K

Total Metro Population

5-Year Growth Rate

-3.8%

⚠️ Trailing US(+0.1% avg)

Underserved Sectors

125

Niches with LQ < 0.8

Analyst Tip

Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.

Showing 20 of 241 opportunities

Mobile Food Services

Growth
+150.0%
Scale
$26K PAY
Saturation
0.58
10 establishments

All Other Insurance Related Activities

Growth
+150.0%
Scale
$200K PAY
Saturation
2.44
10 establishments

Other Management Consulting Services

Growth
+125.0%
Scale
$113K PAY
Saturation
1.27
27 establishments

Freestanding Ambulatory Surgical and Emergency Centers

Growth
+100.0%
Scale
$888K PAY
Saturation
2.10
30 establishments

Electric Power Distribution

Growth
+100.0%
Scale
$2.7M PAY
Saturation
1.29
12 establishments

All Other Outpatient Care Centers

Growth
+90.5%
Scale
$646K PAY
Saturation
1.37
40 establishments

Freight Transportation Arrangement

Growth
+70.0%
Scale
$579K PAY
Saturation
0.54
17 establishments

Nail Salons

Growth
+66.7%
Scale
$26270.0M REV
Saturation
0.39
568 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+66.7%
Scale
$233K PAY
Saturation
1.02
70 establishments

Photography Studios, Portrait

Growth
+66.7%
Scale
$42K PAY
Saturation
1.22
20 establishments

Outpatient Mental Health and Substance Abuse Centers

Growth
+61.5%
Scale
$968K PAY
Saturation
0.90
21 establishments

Special Needs Transportation

Growth
+57.1%
Scale
$429K PAY
Saturation
2.19
11 establishments

Retail Bakeries

Growth
+55.6%
Scale
$222K PAY
Saturation
1.09
14 establishments

Medical Laboratories

Growth
+55.0%
Scale
$728K PAY
Saturation
1.29
31 establishments

Other Services to Buildings and Dwellings

Growth
+50.0%
Scale
$173K PAY
Saturation
1.03
27 establishments

Natural Gas Extraction

Growth
+50.0%
Scale
$729K PAY
Saturation
9.41
12 establishments

Other Activities Related to Real Estate

Growth
+47.6%
Scale
$91K PAY
Saturation
2.75
93 establishments

All Other Miscellaneous Ambulatory Health Care Services

Growth
+46.2%
Scale
$308K PAY
Saturation
1.44
19 establishments

Security Guards and Patrol Services

Growth
+42.9%
Scale
$519K PAY
Saturation
0.63
10 establishments

Barber Shops

Growth
+37.5%
Scale
$193K PAY
Saturation
0.98
296 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Lafayette:

1

Demographic Fit

Does the local population age or income level explain the "Supply Gaps"? (e.g., A gap in luxury services may be due to lower local income).

2

Regulatory Check

Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.

3

Competitor Health

Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?