3D Food Printing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
3D food printing refers to designing and providing 3-dimensional shapes to the food ingredients and maintaining the ingredients' texture, structure, and taste. 3D food printing is usually done by 3D printers. 3D food printing is bringing 3-dimensional digital design into the real-world object that is edible. 3D food printing is healthy and safe for the environment as it transforms proteins from beet leaves, algae, or insects into tasty products. Also, 3D food printing provides food customization according to the preferences and needs of an individual. 3D food printing gives rise to new textures, flavors, and shapes to provide new and unique eating experiences.
MARKET DYNAMICS
The 3D food printing market is mainly driven by factors such as the increasing market need for mass customization and customization of nutrients required by individuals in their food products. The market need for mass customization is increasing and is going for different colors, shapes, nutrition, flavors, and textures. This customization is done primarily on food products like hamburgers, coffee, ice cream, cake, confectionery, biscuits, etc. Moreover, technology is also one of the driving forces behind the 3D food printing market. With the enhancement in technology came up the micro oven in every home and now 3D food printing machine is coming up. However, 3D food printing is a slow process that requires cooling many times before the food can be consumed, which is expected to hinder the market growth during the forecast period.
MARKET SCOPE
The "Global 3D Food Printing Market Analysis to 2031" is a specialized and in-depth study of the Chemicals & Materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the 3D food printing market with detailed market segmentation by ingredient, application, and technology. The global 3D food printing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 3D food printing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global 3D food printing market is segmented into ingredient, application, and technology. By ingredient, the 3D food printing market is classified into Dough, Fruits and Vegetables, Proteins, Sauces, Dairy Products, Carbohydrates. By application, the 3D food printing market is classified into Bakeries, Restaurants, Residential. By technology, the 3D food printing market is classified into Fused Deposition Modelling, Hot Air Sintering, Binder Jetting, Open Source.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global 3D food printing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The 3D food printing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the 3D food printing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the 3D food printing market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global 3D food printing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The 3D food printing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the 3D food printing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the 3D food printing market in these regions.
MARKET PLAYERS
The report covers vital developments in the 3D food printing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the 3D food printing market are anticipated to lucrative growth opportunities in the future with the rising demand for 3D food printing in the global market. Below mentioned is the list of few companies engaged in the 3D food printing market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 3D food printing market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- TNO
- 3D Systems
- byFlow
- Wiiboox
- Systems And Materials Research Corporation
- Beehex
- Choc Edge
- Procusini
- NATURAL MACHINES
- 3D Systems, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 3D Food Printing Market - By Ingredient
1.3.2 3D Food Printing Market - By Application
1.3.3 3D Food Printing Market - By Technology
1.3.4 3D Food Printing Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. 3D FOOD PRINTING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. 3D FOOD PRINTING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. 3D FOOD PRINTING MARKET - GLOBAL MARKET ANALYSIS
6.1. 3D FOOD PRINTING - GLOBAL MARKET OVERVIEW
6.2. 3D FOOD PRINTING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. 3D FOOD PRINTING MARKET - REVENUE AND FORECASTS TO 2028 - INGREDIENT
7.1. OVERVIEW
7.2. INGREDIENT MARKET FORECASTS AND ANALYSIS
7.3. DOUGH
7.3.1. Overview
7.3.2. Dough Market Forecast and Analysis
7.4. FRUITS AND VEGETABLES
7.4.1. Overview
7.4.2. Fruits and Vegetables Market Forecast and Analysis
7.5. PROTEINS
7.5.1. Overview
7.5.2. Proteins Market Forecast and Analysis
7.6. SAUCES
7.6.1. Overview
7.6.2. Sauces Market Forecast and Analysis
7.7. DAIRY PRODUCTS
7.7.1. Overview
7.7.2. Dairy Products Market Forecast and Analysis
7.8. CARBOHYDRATES
7.8.1. Overview
7.8.2. Carbohydrates Market Forecast and Analysis
8. 3D FOOD PRINTING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BAKERIES
8.3.1. Overview
8.3.2. Bakeries Market Forecast and Analysis
8.4. RESTAURANTS
8.4.1. Overview
8.4.2. Restaurants Market Forecast and Analysis
8.5. RESIDENTIAL
8.5.1. Overview
8.5.2. Residential Market Forecast and Analysis
9. 3D FOOD PRINTING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
9.1. OVERVIEW
9.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
9.3. FUSED DEPOSITION MODELLING
9.3.1. Overview
9.3.2. Fused Deposition Modelling Market Forecast and Analysis
9.4. HOT AIR SINTERING
9.4.1. Overview
9.4.2. Hot Air Sintering Market Forecast and Analysis
9.5. BINDER JETTING
9.5.1. Overview
9.5.2. Binder Jetting Market Forecast and Analysis
9.6. OPEN SOURCE
9.6.1. Overview
9.6.2. Open Source Market Forecast and Analysis
10. 3D FOOD PRINTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America 3D Food Printing Market Overview
10.1.2 North America 3D Food Printing Market Forecasts and Analysis
10.1.3 North America 3D Food Printing Market Forecasts and Analysis - By Ingredient
10.1.4 North America 3D Food Printing Market Forecasts and Analysis - By Application
10.1.5 North America 3D Food Printing Market Forecasts and Analysis - By Technology
10.1.6 North America 3D Food Printing Market Forecasts and Analysis - By Countries
10.1.6.1 Canada 3D Food Printing Market
10.1.6.1.1 Canada 3D Food Printing Market by Ingredient
10.1.6.1.2 Canada 3D Food Printing Market by Application
10.1.6.1.3 Canada 3D Food Printing Market by Technology
10.1.6.2 Mexico 3D Food Printing Market
10.1.6.2.1 Mexico 3D Food Printing Market by Ingredient
10.1.6.2.2 Mexico 3D Food Printing Market by Application
10.1.6.2.3 Mexico 3D Food Printing Market by Technology
10.1.6.3 US 3D Food Printing Market
10.1.6.3.1 US 3D Food Printing Market by Ingredient
10.1.6.3.2 US 3D Food Printing Market by Application
10.1.6.3.3 US 3D Food Printing Market by Technology
10.2. EUROPE
10.2.1 Europe 3D Food Printing Market Overview
10.2.2 Europe 3D Food Printing Market Forecasts and Analysis
10.2.3 Europe 3D Food Printing Market Forecasts and Analysis - By Ingredient
10.2.4 Europe 3D Food Printing Market Forecasts and Analysis - By Application
10.2.5 Europe 3D Food Printing Market Forecasts and Analysis - By Technology
10.2.6 Europe 3D Food Printing Market Forecasts and Analysis - By Countries
10.2.6.1 Germany 3D Food Printing Market
10.2.6.1.1 Germany 3D Food Printing Market by Ingredient
10.2.6.1.2 Germany 3D Food Printing Market by Application
10.2.6.1.3 Germany 3D Food Printing Market by Technology
10.2.6.2 France 3D Food Printing Market
10.2.6.2.1 France 3D Food Printing Market by Ingredient
10.2.6.2.2 France 3D Food Printing Market by Application
10.2.6.2.3 France 3D Food Printing Market by Technology
10.2.6.3 Italy 3D Food Printing Market
10.2.6.3.1 Italy 3D Food Printing Market by Ingredient
10.2.6.3.2 Italy 3D Food Printing Market by Application
10.2.6.3.3 Italy 3D Food Printing Market by Technology
10.2.6.4 United Kingdom 3D Food Printing Market
10.2.6.4.1 United Kingdom 3D Food Printing Market by Ingredient
10.2.6.4.2 United Kingdom 3D Food Printing Market by Application
10.2.6.4.3 United Kingdom 3D Food Printing Market by Technology
10.2.6.5 Rest of Europe 3D Food Printing Market
10.2.6.5.1 Rest of Europe 3D Food Printing Market by Ingredient
10.2.6.5.2 Rest of Europe 3D Food Printing Market by Application
10.2.6.5.3 Rest of Europe 3D Food Printing Market by Technology
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific 3D Food Printing Market Overview
10.3.2 Asia-Pacific 3D Food Printing Market Forecasts and Analysis
10.3.3 Asia-Pacific 3D Food Printing Market Forecasts and Analysis - By Ingredient
10.3.4 Asia-Pacific 3D Food Printing Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific 3D Food Printing Market Forecasts and Analysis - By Technology
10.3.6 Asia-Pacific 3D Food Printing Market Forecasts and Analysis - By Countries
10.3.6.1 Australia 3D Food Printing Market
10.3.6.1.1 Australia 3D Food Printing Market by Ingredient
10.3.6.1.2 Australia 3D Food Printing Market by Application
10.3.6.1.3 Australia 3D Food Printing Market by Technology
10.3.6.2 China 3D Food Printing Market
10.3.6.2.1 China 3D Food Printing Market by Ingredient
10.3.6.2.2 China 3D Food Printing Market by Application
10.3.6.2.3 China 3D Food Printing Market by Technology
10.3.6.3 India 3D Food Printing Market
10.3.6.3.1 India 3D Food Printing Market by Ingredient
10.3.6.3.2 India 3D Food Printing Market by Application
10.3.6.3.3 India 3D Food Printing Market by Technology
10.3.6.4 Japan 3D Food Printing Market
10.3.6.4.1 Japan 3D Food Printing Market by Ingredient
10.3.6.4.2 Japan 3D Food Printing Market by Application
10.3.6.4.3 Japan 3D Food Printing Market by Technology
10.3.6.5 South Korea 3D Food Printing Market
10.3.6.5.1 South Korea 3D Food Printing Market by Ingredient
10.3.6.5.2 South Korea 3D Food Printing Market by Application
10.3.6.5.3 South Korea 3D Food Printing Market by Technology
10.3.6.6 Rest of Asia-Pacific 3D Food Printing Market
10.3.6.6.1 Rest of Asia-Pacific 3D Food Printing Market by Ingredient
10.3.6.6.2 Rest of Asia-Pacific 3D Food Printing Market by Application
10.3.6.6.3 Rest of Asia-Pacific 3D Food Printing Market by Technology
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa 3D Food Printing Market Overview
10.4.2 Middle East and Africa 3D Food Printing Market Forecasts and Analysis
10.4.3 Middle East and Africa 3D Food Printing Market Forecasts and Analysis - By Ingredient
10.4.4 Middle East and Africa 3D Food Printing Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa 3D Food Printing Market Forecasts and Analysis - By Technology
10.4.6 Middle East and Africa 3D Food Printing Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa 3D Food Printing Market
10.4.6.1.1 South Africa 3D Food Printing Market by Ingredient
10.4.6.1.2 South Africa 3D Food Printing Market by Application
10.4.6.1.3 South Africa 3D Food Printing Market by Technology
10.4.6.2 Saudi Arabia 3D Food Printing Market
10.4.6.2.1 Saudi Arabia 3D Food Printing Market by Ingredient
10.4.6.2.2 Saudi Arabia 3D Food Printing Market by Application
10.4.6.2.3 Saudi Arabia 3D Food Printing Market by Technology
10.4.6.3 U.A.E 3D Food Printing Market
10.4.6.3.1 U.A.E 3D Food Printing Market by Ingredient
10.4.6.3.2 U.A.E 3D Food Printing Market by Application
10.4.6.3.3 U.A.E 3D Food Printing Market by Technology
10.4.6.4 Rest of Middle East and Africa 3D Food Printing Market
10.4.6.4.1 Rest of Middle East and Africa 3D Food Printing Market by Ingredient
10.4.6.4.2 Rest of Middle East and Africa 3D Food Printing Market by Application
10.4.6.4.3 Rest of Middle East and Africa 3D Food Printing Market by Technology
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America 3D Food Printing Market Overview
10.5.2 South and Central America 3D Food Printing Market Forecasts and Analysis
10.5.3 South and Central America 3D Food Printing Market Forecasts and Analysis - By Ingredient
10.5.4 South and Central America 3D Food Printing Market Forecasts and Analysis - By Application
10.5.5 South and Central America 3D Food Printing Market Forecasts and Analysis - By Technology
10.5.6 South and Central America 3D Food Printing Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil 3D Food Printing Market
10.5.6.1.1 Brazil 3D Food Printing Market by Ingredient
10.5.6.1.2 Brazil 3D Food Printing Market by Application
10.5.6.1.3 Brazil 3D Food Printing Market by Technology
10.5.6.2 Argentina 3D Food Printing Market
10.5.6.2.1 Argentina 3D Food Printing Market by Ingredient
10.5.6.2.2 Argentina 3D Food Printing Market by Application
10.5.6.2.3 Argentina 3D Food Printing Market by Technology
10.5.6.3 Rest of South and Central America 3D Food Printing Market
10.5.6.3.1 Rest of South and Central America 3D Food Printing Market by Ingredient
10.5.6.3.2 Rest of South and Central America 3D Food Printing Market by Application
10.5.6.3.3 Rest of South and Central America 3D Food Printing Market by Technology
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. 3D FOOD PRINTING MARKET, KEY COMPANY PROFILES
12.1. 3D SYSTEMS
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. 3D SYSTEMS, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. BEEHEX
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. BYFLOW
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. CHOC EDGE
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NATURAL MACHINES
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PROCUSINI
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SYSTEMS AND MATERIALS RESEARCH CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TNO
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. WIIBOOX
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
2. 3D Systems, Inc.
3. Beehex
4. byFlow
5. Choc Edge
6. NATURAL MACHINES
7. Procusini
8. Systems And Materials Research Corporation
9. TNO
10. Wiiboox
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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