You can be on Entrepreneur’s cover!

These Are the 10 Hottest Franchise Categories For 2024 Based on the trends, we're predicting which categories will be all the rage in 2024. Check out the list.

By Tracy Stapp Herold

entrepreneur daily

This story appears in the November 2023 issue of Entrepreneur. Subscribe »

Lubo Ivanko | Stock.Adobe.Com

Where are the hottest franchise opportunities in the year ahead? Every year, we at Entrepreneur like to try answering that question. To do so, we consider a few factors: What trends are we seeing in the world at large? In which industries are we seeing new franchisors pop up? Which industries are seeing high unit growth? And what does our experience covering the franchise industry for over four decades tell us?

Related: Would You Turn Your Small Business Into a Franchise? Here's Why Everyone From Hardware Stores to Hot Dog Shops Are Doing It.

We take those factors into account, and then we produce our predictions for the 10 categories we think will perform well in the year to come. As always, this year's list includes categories that have been thriving for a while, such as chicken, health and wellness, and pets. But you'll find some exciting newcomers to this year's list as well, including beverages, meal prep and delivery, and sports.

Related: If You Want to Join a Franchise That Is Truly Diverse, These Are the Top 100 to Consider

Below we share almost 300 franchise opportunities that are available within those categories — some that have been around for decades, and others that are brand new. Keep in mind that inclusion on the list does not constitute a recommendation of any specific franchise. Even — and maybe especially — when you're considering a franchise in a "hot" category, it's important to do your homework first. Read the company's legal documents, consult with an attorney and an accountant, and talk to current and former franchisees to decide if the brand and the opportunity are right for you.

Beverages

Chicken

STEM Enrichment Programs

Health & Wellness

Meal Prep/Delivery

Pest Control

Pets

Restoration Services

Sports

Tutoring

Tracy Stapp Herold

Entrepreneur Staff

Tracy Stapp Herold is the special projects editor at Entrepreneur magazine. She works on franchise and business opportunity stories and listings, including the annual Franchise 500.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

I Designed My Dream Home For Free With an AI Architect — Here's How It Works

The AI architect, Vitruvius, created three designs in minutes, complete with floor plans and pictures of the inside and outside of the house.

Business News

This Fan-Favorite Masters 2024 Item Is Still $1.50 as Tournament Menu Appears Unscathed by Inflation

The pimento cheese sandwich is a tradition almost as big as the tournament itself.

Making a Change

Learn to Play Guitar Even if You Have No Previous Training for Just $20

Start with the beginner's crash course and learn how to play guitar in no time.

Side Hustle

This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention

In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Here's One Thing Americans Would Take a Pay Cut For — Besides Remote Work

An Empower survey found a high percentage of respondents would take a pay cut for better retirement benefits and remote work options.