niche market
Pronunciation
/nˈiːʃ mˈɑːɹkɪt/

Definition & Meaning of "niche market"in English

Niche market
01

a specific, targeted segment of the market focused on a particular product or service for a specific group of people

Grammatical Information
Animacy status
Abstract
Composition
Compound
Countable
Plural form
niche markets
Examples
The company targets a niche market for eco-friendly clothing.
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