Minnesota Market Intelligence Report (2025)

Top Businesses to Start in Minnesota (2025)

We analyzed 164K+ verified business records to help you separate the hype from the hard numbers.

Top 5 Opportunities

FASTEST GROWTH SECTOR

Exterminating and Pest Control Services

Growth: +300.0% • Saturation: 0.67 LQ

HIGH DEMAND SIGNAL

Offices of Physicians (except Mental Health Specialists)

Growth: +283.3% • Saturation: 0.22 LQ

LOW COMPETITION GAP

Offices of Physicians, Mental Health Specialists

Growth: +266.7% • Saturation: 0.73 LQ

HIGH DEMAND SIGNAL

Marketing Consulting Services

Growth: +266.7% • Saturation: 0.42 LQ

LOW COMPETITION GAP

Offices of All Other Miscellaneous Health Practitioners

Growth: +210.0% • Saturation: 0.77 LQ

Census Records

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10+ Est. Minimum

100% Objective

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SELECT METRO AREA

Minneapolis-St. Paul-Bloomington

#1 VOL

The state's largest economic engine.

Population

3.7M

Active Biz

116K

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Fastest Growth

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Common Questions

What is the fastest growing business in Minnesota?+

Currently, the Exterminating and Pest Control Services sector is leading the state with a +300.0% 5-year growth rate across multiple metro markets.

What is the most profitable solo business?+

Based on Non-Employer Statistics, solo founders in the Boat Dealers sector report the highest average annual receipts at $286k.

What does the data say about Minnesota's economy?+

The state is home to 164K active establishments across 9 major metro areas. The market shows strong growth in emerging sectors with opportunities in high-demand, low-saturation niches.