Acids and Nutrients In Animal Nutrition Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A number of organic and inorganic acids and nutrients used in animal feed plays an important role in the normal growth and health of animals. Organic as well as synthetic acids have been used in animal feed for a number of decades as they ensure food preservation and safety by reducing bacterial and mold growth. They also play an important role in improving nutrient digestibility leading to stable animal health and improved feed efficiency while nutrients are added to make the animal feed more wholesome and improve the nutritive value of the feed.
MARKET DYNAMICS
The demand for acids and nutrients in animal nutrition is on the rise as the right doses of acids, such as formic, lactic, acetic acid, citric acids, etc. have the capability to increase weight and reduce colonization of pathogens in the intestinal tracks. With the growing focus of animal farm owners on improving feed conversion rates and producing protein-rich meat, the consumption of acids and nutritions used in animal feeds is expected to rise. The rising demand for meat and dairy has prompted a high demand for quality animal feeds and necessitated the use of acids and nutrients in animal feeds. Acids and nutrients are growingly used in the animal feed industry to improve feed efficiency and consequently reduce waste nutrient outflow. This trend is likely to drive the acids and nutrients in the animal nutrition market in the forecast period. Increasing consumption of meat and dairy, availability of milk at lower prices, and proliferation of animal farms across the world has led to significant demands for quality acids and nutrients in animal feed.
MARKET SCOPE
The "Global Acids and Nutrients In Animal Nutrition Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acids and nutrients in animal nutrition market with detailed market segmentation by type, livestock, and geography. The global acids and nutrients in animal nutrition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acids and nutrients in animal nutrition market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global acids and nutrients in animal nutrition market is segmented on the basis of type and livestock. On the basis of type, the acids and nutrients in animal nutrition market is segmented into amino acids & proteins, minerals, vitamins, fibers & carbohydrates, organic acids, and others. The acids and nutrients in animal nutrition market on the basis of livestock is classified into ruminant feed, poultry feed, aquafeed, swine feed, equine feed, and other livestock.
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 acids and nutrients in animal nutrition market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The acids and nutrients in animal nutrition 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 acids and nutrients in animal nutrition market from both demand and supply side and further 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 acids and nutrients in animal nutrition 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 acids and nutrients in animal nutrition market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The acids and nutrients in animal nutrition 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 acids and nutrients in animal nutrition market from both demand and supply side and further 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 acids and nutrients in animal nutrition market in these regions.
MARKET PLAYERS
The reports cover key developments in the acids and nutrients in animal nutrition 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 acids and nutrients in animal nutrition market are anticipated to lucrative growth opportunities in the future with the rising demand for acids and nutrients in animal nutrition in the global market. Below mentioned is the list of few companies engaged in the acids and nutrients in animal nutrition market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acids and nutrients in animal nutrition market. In addition, 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 key development in the past five years.
- Adisseo France S.A.S
- Alltech
- Archer Daniels Midland Company
- BASF SE
- Cargill, Incorporated
- Charoen Pokphand Foods Pcl.
- Evonik Industries Ag
- Novus International, Inc.
- Nutreco N.V.
- Royal DSM N.V.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing 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 Acids And Nutrients In Animal Nutrition Market - By Type
1.3.2 Acids And Nutrients In Animal Nutrition Market - By Livestock
1.3.3 Acids And Nutrients In Animal Nutrition Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION 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. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION MARKET - GLOBAL MARKET ANALYSIS
6.1. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION - GLOBAL MARKET OVERVIEW
6.2. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. AMINO ACIDS AND PROTEINS
7.3.1. Overview
7.3.2. Amino Acids and Proteins Market Forecast and Analysis
7.4. MINERALS
7.4.1. Overview
7.4.2. Minerals Market Forecast and Analysis
7.5. VITAMINS
7.5.1. Overview
7.5.2. Vitamins Market Forecast and Analysis
7.6. FIBERS AND CARBOHYDRATES
7.6.1. Overview
7.6.2. Fibers and Carbohydrates Market Forecast and Analysis
7.7. ORGANIC ACIDS
7.7.1. Overview
7.7.2. Organic Acids Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION MARKET - REVENUE AND FORECASTS TO 2028 - LIVESTOCK
8.1. OVERVIEW
8.2. LIVESTOCK MARKET FORECASTS AND ANALYSIS
8.3. RUMINANT FEED
8.3.1. Overview
8.3.2. Ruminant Feed Market Forecast and Analysis
8.4. POULTRY FEED
8.4.1. Overview
8.4.2. Poultry Feed Market Forecast and Analysis
8.5. AQUAFEED
8.5.1. Overview
8.5.2. Aquafeed Market Forecast and Analysis
8.6. SWINE FEED
8.6.1. Overview
8.6.2. Swine Feed Market Forecast and Analysis
8.7. EQUINE FEED
8.7.1. Overview
8.7.2. Equine Feed Market Forecast and Analysis
8.8. OTHER LIVESTOCK
8.8.1. Overview
8.8.2. Other Livestock Market Forecast and Analysis
9. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Acids And Nutrients In Animal Nutrition Market Overview
9.1.2 North America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis
9.1.3 North America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Type
9.1.4 North America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Livestock
9.1.5 North America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Countries
9.1.5.1 United States Acids And Nutrients In Animal Nutrition Market
9.1.5.1.1 United States Acids And Nutrients In Animal Nutrition Market by Type
9.1.5.1.2 United States Acids And Nutrients In Animal Nutrition Market by Livestock
9.1.5.2 Canada Acids And Nutrients In Animal Nutrition Market
9.1.5.2.1 Canada Acids And Nutrients In Animal Nutrition Market by Type
9.1.5.2.2 Canada Acids And Nutrients In Animal Nutrition Market by Livestock
9.1.5.3 Mexico Acids And Nutrients In Animal Nutrition Market
9.1.5.3.1 Mexico Acids And Nutrients In Animal Nutrition Market by Type
9.1.5.3.2 Mexico Acids And Nutrients In Animal Nutrition Market by Livestock
9.2. EUROPE
9.2.1 Europe Acids And Nutrients In Animal Nutrition Market Overview
9.2.2 Europe Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis
9.2.3 Europe Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Type
9.2.4 Europe Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Livestock
9.2.5 Europe Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Acids And Nutrients In Animal Nutrition Market
9.2.5.1.1 Germany Acids And Nutrients In Animal Nutrition Market by Type
9.2.5.1.2 Germany Acids And Nutrients In Animal Nutrition Market by Livestock
9.2.5.2 France Acids And Nutrients In Animal Nutrition Market
9.2.5.2.1 France Acids And Nutrients In Animal Nutrition Market by Type
9.2.5.2.2 France Acids And Nutrients In Animal Nutrition Market by Livestock
9.2.5.3 Italy Acids And Nutrients In Animal Nutrition Market
9.2.5.3.1 Italy Acids And Nutrients In Animal Nutrition Market by Type
9.2.5.3.2 Italy Acids And Nutrients In Animal Nutrition Market by Livestock
9.2.5.4 United Kingdom Acids And Nutrients In Animal Nutrition Market
9.2.5.4.1 United Kingdom Acids And Nutrients In Animal Nutrition Market by Type
9.2.5.4.2 United Kingdom Acids And Nutrients In Animal Nutrition Market by Livestock
9.2.5.5 Russia Acids And Nutrients In Animal Nutrition Market
9.2.5.5.1 Russia Acids And Nutrients In Animal Nutrition Market by Type
9.2.5.5.2 Russia Acids And Nutrients In Animal Nutrition Market by Livestock
9.2.5.6 Rest of Europe Acids And Nutrients In Animal Nutrition Market
9.2.5.6.1 Rest of Europe Acids And Nutrients In Animal Nutrition Market by Type
9.2.5.6.2 Rest of Europe Acids And Nutrients In Animal Nutrition Market by Livestock
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Acids And Nutrients In Animal Nutrition Market Overview
9.3.2 Asia-Pacific Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis
9.3.3 Asia-Pacific Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Livestock
9.3.5 Asia-Pacific Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Acids And Nutrients In Animal Nutrition Market
9.3.5.1.1 Australia Acids And Nutrients In Animal Nutrition Market by Type
9.3.5.1.2 Australia Acids And Nutrients In Animal Nutrition Market by Livestock
9.3.5.2 China Acids And Nutrients In Animal Nutrition Market
9.3.5.2.1 China Acids And Nutrients In Animal Nutrition Market by Type
9.3.5.2.2 China Acids And Nutrients In Animal Nutrition Market by Livestock
9.3.5.3 India Acids And Nutrients In Animal Nutrition Market
9.3.5.3.1 India Acids And Nutrients In Animal Nutrition Market by Type
9.3.5.3.2 India Acids And Nutrients In Animal Nutrition Market by Livestock
9.3.5.4 Japan Acids And Nutrients In Animal Nutrition Market
9.3.5.4.1 Japan Acids And Nutrients In Animal Nutrition Market by Type
9.3.5.4.2 Japan Acids And Nutrients In Animal Nutrition Market by Livestock
9.3.5.5 South Korea Acids And Nutrients In Animal Nutrition Market
9.3.5.5.1 South Korea Acids And Nutrients In Animal Nutrition Market by Type
9.3.5.5.2 South Korea Acids And Nutrients In Animal Nutrition Market by Livestock
9.3.5.6 Rest of Asia-Pacific Acids And Nutrients In Animal Nutrition Market
9.3.5.6.1 Rest of Asia-Pacific Acids And Nutrients In Animal Nutrition Market by Type
9.3.5.6.2 Rest of Asia-Pacific Acids And Nutrients In Animal Nutrition Market by Livestock
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Acids And Nutrients In Animal Nutrition Market Overview
9.4.2 Middle East and Africa Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis
9.4.3 Middle East and Africa Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Livestock
9.4.5 Middle East and Africa Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Acids And Nutrients In Animal Nutrition Market
9.4.5.1.1 South Africa Acids And Nutrients In Animal Nutrition Market by Type
9.4.5.1.2 South Africa Acids And Nutrients In Animal Nutrition Market by Livestock
9.4.5.2 Saudi Arabia Acids And Nutrients In Animal Nutrition Market
9.4.5.2.1 Saudi Arabia Acids And Nutrients In Animal Nutrition Market by Type
9.4.5.2.2 Saudi Arabia Acids And Nutrients In Animal Nutrition Market by Livestock
9.4.5.3 U.A.E Acids And Nutrients In Animal Nutrition Market
9.4.5.3.1 U.A.E Acids And Nutrients In Animal Nutrition Market by Type
9.4.5.3.2 U.A.E Acids And Nutrients In Animal Nutrition Market by Livestock
9.4.5.4 Rest of Middle East and Africa Acids And Nutrients In Animal Nutrition Market
9.4.5.4.1 Rest of Middle East and Africa Acids And Nutrients In Animal Nutrition Market by Type
9.4.5.4.2 Rest of Middle East and Africa Acids And Nutrients In Animal Nutrition Market by Livestock
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Acids And Nutrients In Animal Nutrition Market Overview
9.5.2 South and Central America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis
9.5.3 South and Central America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Type
9.5.4 South and Central America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Livestock
9.5.5 South and Central America Acids And Nutrients In Animal Nutrition Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Acids And Nutrients In Animal Nutrition Market
9.5.5.1.1 Brazil Acids And Nutrients In Animal Nutrition Market by Type
9.5.5.1.2 Brazil Acids And Nutrients In Animal Nutrition Market by Livestock
9.5.5.2 Argentina Acids And Nutrients In Animal Nutrition Market
9.5.5.2.1 Argentina Acids And Nutrients In Animal Nutrition Market by Type
9.5.5.2.2 Argentina Acids And Nutrients In Animal Nutrition Market by Livestock
9.5.5.3 Rest of South and Central America Acids And Nutrients In Animal Nutrition Market
9.5.5.3.1 Rest of South and Central America Acids And Nutrients In Animal Nutrition Market by Type
9.5.5.3.2 Rest of South and Central America Acids And Nutrients In Animal Nutrition Market by Livestock
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ACIDS AND NUTRIENTS IN ANIMAL NUTRITION MARKET, KEY COMPANY PROFILES
11.1. ADISSEO FRANCE S.A.S
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALLTECH
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ARCHER DANIELS MIDLAND COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BASF SE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CARGILL, INCORPORATED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CHAROEN POKPHAND FOODS PCL.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. EVONIK INDUSTRIES AG
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NOVUS INTERNATIONAL, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NUTRECO N.V.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ROYAL DSM N.V.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Adisseo France S.A.S
2. Alltech
3. Archer Daniels Midland Company
4. BASF SE
5. Cargill, Incorporated
6. Charoen Pokphand Foods Pcl.
7. Evonik Industries Ag
8. Novus International, Inc.
9. Nutreco N.V.
10. Royal DSM N.V.
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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