Utah Market Intelligence Report (2026)

Top Businesses to Start in Utah (2026)

We analyzed 101K+ verified business records to help you separate the hype from the hard numbers.

Top 5 Opportunities

#1
FASTEST GROWTH SECTOR

Barber Shops

Growth: +100.0% • Saturation: 0.68 LQ
#2
HIGH DEMAND SIGNAL

Nail Salons

Growth: +100.0% • Saturation: 0.26 LQ
#3
LOW COMPETITION GAP

Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures

Growth: +87.5% • Saturation: 0.66 LQ
#4
HIGH DEMAND SIGNAL

Convenience Stores

Growth: +78.0% • Saturation: 0.53 LQ
#5
LOW COMPETITION GAP

Interior Design Services

Growth: +75.0% • Saturation: 0.65 LQ

Census Records

Official Source

Volume Filtered

10+ Est. Minimum

100% Objective

No Pay-to-Play

Validate Your Idea Locally

SELECT METRO AREA

Salt Lake City-Murray

#1 VOL

The state's largest economic engine.

Population

1.3M

Active Biz

45K

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Fastest Growth

Provo-Orem-Lehi

696K Residents

ANALYZE

Ogden

Population

646K

ANALYZE

St. George

Population

190K

ANALYZE

Logan

Population

152K

ANALYZE

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Common Questions

What is the fastest growing business in Utah?+

Currently, the Barber Shops sector is leading the state with a +100.0% 5-year growth rate across multiple metro markets.

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

The state is home to 101K active establishments across 5 major metro areas. The market shows strong growth in emerging sectors with opportunities in high-demand, low-saturation niches.