Artisan Baked Products Market Insights and Growth by 2031
MARKET OVERVIEW
Artisan baked goods are handcrafted, individually shaped, baked foods free from chemicals or additives. They are different from mass-produced, commercial varieties available in supermarkets or local stores in terms of quality. Artisan baked products are manufactured by skilled artisans using traditional baking process and are usually produced in small-scale bakeries and factories. Artisan baked goods include products such as breads and buns, cakes and pastries, biscuits and cookies, and others.
MARKET SCOPE
The "Global Artisan Baked Products Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the artisan baked products market with detailed market segmentation by type, category, distribution channel, and geography. The report provides key statistics on the market status of the leading artisan baked products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type, the market is segmented into breads and buns, cakes and pastries, biscuits and cookies, and others
- On the basis of category, the market is segmented into conventional and gluten-free.
- On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
MARKET DYNAMICS
Drivers:
- The market for artisan baked products has been driven by an increase in demand for on-the-go bakery, changing lifestyles of customers, and a shift in consumer demand for customized and handmade premium baked goods.
- The significant rise of bakery industry in emerging economies is also expected to drive the market growth.
- Moreover, increasingh popularity of gluten-free, non-GMO, and traditional bakery products is also driving the market growth.
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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 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), the Middle East and Africa (MEA), and South America. The artisan baked products 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 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 trend. 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 artisan baked products market in these regions.
IMPACT OF COVID-19 ON ARTISAN BAKED PRODUCTS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.
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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 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), the Middle East and Africa (MEA), and South America. The artisan baked products 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 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 trend. 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 artisan baked products market in these regions.
IMPACT OF COVID-19 ON ARTISAN BAKED PRODUCTS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the artisan baked products 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Artisan baked products market are anticipated to lucrative growth opportunities in the future with the rising demand for artisan baked products in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the artisan baked products 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 3 years, the key development in the past five years.
- Grupo Bimbo
- Aryzta AG
- Corbion NV
- Harry Brot GmbH
- Lantmännen Unibake International
- Safinco NV
- R E Rich Family Holding Corporation
- Flowers Foods, Inc.
- Barilla Holding S.p.A.
- Fuji Baking Group Co. Limited
- Finsbury Food Group Plc.
- Associated British Foods PLC
- Premier Foods plc
- Yamazaki Baking Co., Ltd
- Dr. Schär AG
- CANYON BAKEHOUSE LLC
- Snacktivist Foods
- Dawn Food Products, Inc.
- Weston Foods (Canada) Inc.
- Upper Crust
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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.
TABLE OF CONTENTS
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Artisan Baked Products Market - By Type
1.3.2Artisan Baked Products Market - By Category
1.3.3Artisan Baked Products Market - By Distribution Channel
1.3.4Artisan Baked Products Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ARTISAN BAKED PRODUCTS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.ARTISAN BAKED PRODUCTS 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.ARTISAN BAKED PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1.ARTISAN BAKED PRODUCTS - GLOBAL MARKET OVERVIEW
6.2.ARTISAN BAKED PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.ARTISAN BAKED PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.BREADS AND BUNS
7.3.1.Overview
7.3.2.Breads and Buns Market Forecast and Analysis
7.4.CAKES AND PASTRIES
7.4.1.Overview
7.4.2.Cakes and Pastries Market Forecast and Analysis
7.5.BISCUITS AND COOKIES
7.5.1.Overview
7.5.2.Biscuits and Cookies Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.ARTISAN BAKED PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
8.1.OVERVIEW
8.2.CATEGORY MARKET FORECASTS AND ANALYSIS
8.3.CONVENTIONAL
8.3.1.Overview
8.3.2.Conventional Market Forecast and Analysis
8.4.GLUTEN-FREE
8.4.1.Overview
8.4.2.Gluten-Free Market Forecast and Analysis
9.ARTISAN BAKED PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1.OVERVIEW
9.2.DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3.SUPERMARKETS AND HYPERMARKETS
9.3.1.Overview
9.3.2.Supermarkets and Hypermarkets Market Forecast and Analysis
9.4.SPECIALTY STORES
9.4.1.Overview
9.4.2.Specialty Stores Market Forecast and Analysis
9.5.ONLINE RETAIL
9.5.1.Overview
9.5.2.Online Retail Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.ARTISAN BAKED PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Artisan Baked Products Market Overview
10.1.2North America Artisan Baked Products Market Forecasts and Analysis
10.1.3North America Artisan Baked Products Market Forecasts and Analysis - By Type
10.1.4North America Artisan Baked Products Market Forecasts and Analysis - By Category
10.1.5North America Artisan Baked Products Market Forecasts and Analysis - By Distribution Channel
10.1.6North America Artisan Baked Products Market Forecasts and Analysis - By Countries
10.1.6.1United States Artisan Baked Products Market
10.1.6.1.1United States Artisan Baked Products Market by Type
10.1.6.1.2United States Artisan Baked Products Market by Category
10.1.6.1.3United States Artisan Baked Products Market by Distribution Channel
10.1.6.2Canada Artisan Baked Products Market
10.1.6.2.1Canada Artisan Baked Products Market by Type
10.1.6.2.2Canada Artisan Baked Products Market by Category
10.1.6.2.3Canada Artisan Baked Products Market by Distribution Channel
10.1.6.3Mexico Artisan Baked Products Market
10.1.6.3.1Mexico Artisan Baked Products Market by Type
10.1.6.3.2Mexico Artisan Baked Products Market by Category
10.1.6.3.3Mexico Artisan Baked Products Market by Distribution Channel
10.2.EUROPE
10.2.1Europe Artisan Baked Products Market Overview
10.2.2Europe Artisan Baked Products Market Forecasts and Analysis
10.2.3Europe Artisan Baked Products Market Forecasts and Analysis - By Type
10.2.4Europe Artisan Baked Products Market Forecasts and Analysis - By Category
10.2.5Europe Artisan Baked Products Market Forecasts and Analysis - By Distribution Channel
10.2.6Europe Artisan Baked Products Market Forecasts and Analysis - By Countries
10.2.6.1Germany Artisan Baked Products Market
10.2.6.1.1Germany Artisan Baked Products Market by Type
10.2.6.1.2Germany Artisan Baked Products Market by Category
10.2.6.1.3Germany Artisan Baked Products Market by Distribution Channel
10.2.6.2France Artisan Baked Products Market
10.2.6.2.1France Artisan Baked Products Market by Type
10.2.6.2.2France Artisan Baked Products Market by Category
10.2.6.2.3France Artisan Baked Products Market by Distribution Channel
10.2.6.3Italy Artisan Baked Products Market
10.2.6.3.1Italy Artisan Baked Products Market by Type
10.2.6.3.2Italy Artisan Baked Products Market by Category
10.2.6.3.3Italy Artisan Baked Products Market by Distribution Channel
10.2.6.4United Kingdom Artisan Baked Products Market
10.2.6.4.1United Kingdom Artisan Baked Products Market by Type
10.2.6.4.2United Kingdom Artisan Baked Products Market by Category
10.2.6.4.3United Kingdom Artisan Baked Products Market by Distribution Channel
10.2.6.5Russia Artisan Baked Products Market
10.2.6.5.1Russia Artisan Baked Products Market by Type
10.2.6.5.2Russia Artisan Baked Products Market by Category
10.2.6.5.3Russia Artisan Baked Products Market by Distribution Channel
10.2.6.6Rest of Europe Artisan Baked Products Market
10.2.6.6.1Rest of Europe Artisan Baked Products Market by Type
10.2.6.6.2Rest of Europe Artisan Baked Products Market by Category
10.2.6.6.3Rest of Europe Artisan Baked Products Market by Distribution Channel
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Artisan Baked Products Market Overview
10.3.2Asia-Pacific Artisan Baked Products Market Forecasts and Analysis
10.3.3Asia-Pacific Artisan Baked Products Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Artisan Baked Products Market Forecasts and Analysis - By Category
10.3.5Asia-Pacific Artisan Baked Products Market Forecasts and Analysis - By Distribution Channel
10.3.6Asia-Pacific Artisan Baked Products Market Forecasts and Analysis - By Countries
10.3.6.1Australia Artisan Baked Products Market
10.3.6.1.1Australia Artisan Baked Products Market by Type
10.3.6.1.2Australia Artisan Baked Products Market by Category
10.3.6.1.3Australia Artisan Baked Products Market by Distribution Channel
10.3.6.2China Artisan Baked Products Market
10.3.6.2.1China Artisan Baked Products Market by Type
10.3.6.2.2China Artisan Baked Products Market by Category
10.3.6.2.3China Artisan Baked Products Market by Distribution Channel
10.3.6.3India Artisan Baked Products Market
10.3.6.3.1India Artisan Baked Products Market by Type
10.3.6.3.2India Artisan Baked Products Market by Category
10.3.6.3.3India Artisan Baked Products Market by Distribution Channel
10.3.6.4Japan Artisan Baked Products Market
10.3.6.4.1Japan Artisan Baked Products Market by Type
10.3.6.4.2Japan Artisan Baked Products Market by Category
10.3.6.4.3Japan Artisan Baked Products Market by Distribution Channel
10.3.6.5South Korea Artisan Baked Products Market
10.3.6.5.1South Korea Artisan Baked Products Market by Type
10.3.6.5.2South Korea Artisan Baked Products Market by Category
10.3.6.5.3South Korea Artisan Baked Products Market by Distribution Channel
10.3.6.6Rest of Asia-Pacific Artisan Baked Products Market
10.3.6.6.1Rest of Asia-Pacific Artisan Baked Products Market by Type
10.3.6.6.2Rest of Asia-Pacific Artisan Baked Products Market by Category
10.3.6.6.3Rest of Asia-Pacific Artisan Baked Products Market by Distribution Channel
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Artisan Baked Products Market Overview
10.4.2Middle East and Africa Artisan Baked Products Market Forecasts and Analysis
10.4.3Middle East and Africa Artisan Baked Products Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Artisan Baked Products Market Forecasts and Analysis - By Category
10.4.5Middle East and Africa Artisan Baked Products Market Forecasts and Analysis - By Distribution Channel
10.4.6Middle East and Africa Artisan Baked Products Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Artisan Baked Products Market
10.4.6.1.1South Africa Artisan Baked Products Market by Type
10.4.6.1.2South Africa Artisan Baked Products Market by Category
10.4.6.1.3South Africa Artisan Baked Products Market by Distribution Channel
10.4.6.2Saudi Arabia Artisan Baked Products Market
10.4.6.2.1Saudi Arabia Artisan Baked Products Market by Type
10.4.6.2.2Saudi Arabia Artisan Baked Products Market by Category
10.4.6.2.3Saudi Arabia Artisan Baked Products Market by Distribution Channel
10.4.6.3U.A.E Artisan Baked Products Market
10.4.6.3.1U.A.E Artisan Baked Products Market by Type
10.4.6.3.2U.A.E Artisan Baked Products Market by Category
10.4.6.3.3U.A.E Artisan Baked Products Market by Distribution Channel
10.4.6.4Rest of Middle East and Africa Artisan Baked Products Market
10.4.6.4.1Rest of Middle East and Africa Artisan Baked Products Market by Type
10.4.6.4.2Rest of Middle East and Africa Artisan Baked Products Market by Category
10.4.6.4.3Rest of Middle East and Africa Artisan Baked Products Market by Distribution Channel
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Artisan Baked Products Market Overview
10.5.2South and Central America Artisan Baked Products Market Forecasts and Analysis
10.5.3South and Central America Artisan Baked Products Market Forecasts and Analysis - By Type
10.5.4South and Central America Artisan Baked Products Market Forecasts and Analysis - By Category
10.5.5South and Central America Artisan Baked Products Market Forecasts and Analysis - By Distribution Channel
10.5.6South and Central America Artisan Baked Products Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Artisan Baked Products Market
10.5.6.1.1Brazil Artisan Baked Products Market by Type
10.5.6.1.2Brazil Artisan Baked Products Market by Category
10.5.6.1.3Brazil Artisan Baked Products Market by Distribution Channel
10.5.6.2Argentina Artisan Baked Products Market
10.5.6.2.1Argentina Artisan Baked Products Market by Type
10.5.6.2.2Argentina Artisan Baked Products Market by Category
10.5.6.2.3Argentina Artisan Baked Products Market by Distribution Channel
10.5.6.3Rest of South and Central America Artisan Baked Products Market
10.5.6.3.1Rest of South and Central America Artisan Baked Products Market by Type
10.5.6.3.2Rest of South and Central America Artisan Baked Products Market by Category
10.5.6.3.3Rest of South and Central America Artisan Baked Products Market by Distribution Channel
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.ARTISAN BAKED PRODUCTS MARKET, KEY COMPANY PROFILES
12.1.GRUPO BIMBO
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.ARYZTA AG
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.CORBION NV
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.HARRY BROT GMBH
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.LANTMäNNEN UNIBAKE INTERNATIONAL
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.SAFINCO NV
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.R E RICH FAMILY HOLDING CORPORATION
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.FLOWERS FOODS, INC.
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.BARILLA HOLDING S.P.A.
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.FUJI BAKING GROUP CO. LIMITED
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
12.11.FINSBURY FOOD GROUP PLC.
12.11.1.Key Facts
12.11.2.Business Description
12.11.3.Products and Services
12.11.4.Financial Overview
12.11.5.SWOT Analysis
12.11.6.Key Developments
12.12.ASSOCIATED BRITISH FOODS PLC
12.12.1.Key Facts
12.12.2.Business Description
12.12.3.Products and Services
12.12.4.Financial Overview
12.12.5.SWOT Analysis
12.12.6.Key Developments
12.13.PREMIER FOODS PLC
12.13.1.Key Facts
12.13.2.Business Description
12.13.3.Products and Services
12.13.4.Financial Overview
12.13.5.SWOT Analysis
12.13.6.Key Developments
12.14.YAMAZAKI BAKING CO., LTD
12.14.1.Key Facts
12.14.2.Business Description
12.14.3.Products and Services
12.14.4.Financial Overview
12.14.5.SWOT Analysis
12.14.6.Key Developments
12.15.DR. SCHäR AG
12.15.1.Key Facts
12.15.2.Business Description
12.15.3.Products and Services
12.15.4.Financial Overview
12.15.5.SWOT Analysis
12.15.6.Key Developments
12.16.CANYON BAKEHOUSE LLC
12.16.1.Key Facts
12.16.2.Business Description
12.16.3.Products and Services
12.16.4.Financial Overview
12.16.5.SWOT Analysis
12.16.6.Key Developments
12.17.SNACKTIVIST FOODS
12.17.1.Key Facts
12.17.2.Business Description
12.17.3.Products and Services
12.17.4.Financial Overview
12.17.5.SWOT Analysis
12.17.6.Key Developments
12.18.DAWN FOOD PRODUCTS, INC.
12.18.1.Key Facts
12.18.2.Business Description
12.18.3.Products and Services
12.18.4.Financial Overview
12.18.5.SWOT Analysis
12.18.6.Key Developments
12.19.WESTON FOODS (CANADA) INC.
12.19.1.Key Facts
12.19.2.Business Description
12.19.3.Products and Services
12.19.4.Financial Overview
12.19.5.SWOT Analysis
12.19.6.Key Developments
12.20.UPPER CRUST
12.20.1.Key Facts
12.20.2.Business Description
12.20.3.Products and Services
12.20.4.Financial Overview
12.20.5.SWOT Analysis
12.20.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
- Grupo Bimbo
- Aryzta AG
- Corbion NV
- Harry Brot GmbH
- Lantmännen Unibake International
- Safinco NV
- R E Rich Family Holding Corporation
- Flowers Foods, Inc.
- Barilla Holding S.p.A.
- Fuji Baking Group Co. Limited
- Finsbury Food Group Plc.
- Associated British Foods PLC
- Premier Foods plc
- Yamazaki Baking Co., Ltd
- Dr. Schär AG
- CANYON BAKEHOUSE LLC
- Snacktivist Foods
- Dawn Food Products, Inc.
- Weston Foods (Canada) Inc.
- Upper Crust
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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