growth area

noun

: an area of business that is becoming larger and more successful

Children's books are a growth area in the publishing industry.

Examples of growth area in a Sentence

Recent Examples on the Web Novo Nordisk has a short window In its capital markets day in March, Novo Nordisk highlighted the markets of mainland China, Hong Kong and Taiwan as a growth area for the company. —

Prarthana Prakash, Fortune Asia, 26 June 2024 Latin America is a great growth area for us, as is India. —

Melanie Goodfellow, Deadline, 13 June 2024 Another growth area relates to reconstruction and rebuilding in areas formerly under Russian occupation. —

Nataliya Gumenyuk, Foreign Affairs, 19 Apr. 2024 Another growth area is to have more entertainment moments outside with their stage that opens up indoors and outdoors. —

Brittney Oliver, Essence, 28 May 2024 Annexations must occur within the municipal growth area that has been jointly established between Carroll County and Westminster, according to county planning rules. —

Thomas Goodwin Smith, Baltimore Sun, 11 May 2024 Gandhi added that sports is a growth area, as well as local broadcasters signing on to Prime Video’s Channels service. —

Naman Ramachandran, Variety, 22 Mar. 2024 The Middle East has recently become a growth area for the music industry, with major labels like Universal setting up imprints and local offices there. —

Katie Bain, Billboard, 3 Sep. 2019 And the medium has become a growth area for agencies who represent players. —

Emmanuel Morgan, New York Times, 20 Nov. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'growth area.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.