Asparagus Market Drivers, Trends, and Forecast by 2031

Coverage: Asparagus Market covers analysis By Type (Fresh, Processed); Category (Organic, Conventional); Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00011606
  • Category : Food and Beverages
  • No. of Pages : 150
Buy Now

MARKET OVERVIEW

Asparagus is the green vegetable known for its slender spears and is often one of the first signs of spring. It is a natural addition to many spring dishes, from veggie-packed frittatas to salads piled high with the season's finest ingredients. It has a somewhat earthy flavor. It has nutritional benefits and is shown potential cancer-fighting and diuretic properties.

MARKET SCOPE

The "Global Asparagus Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the asparagus market with detailed market segmentation by category, type, distribution channel, and geography. The report provides key statistics on the market status of the leading asparagus market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on category, the global asparagus market is segmented into organic and conventional.
  •   Based on type, the global asparagus market is segmented into fresh and processed.
  •   Based on distribution channel, the global asparagus market is segmented into hypermarkets & supermarkets, specialtty stores, online retail, and others.

MARKET DYNAMICS
Drivers:

  •   Rising demand for organic asparagus.
  •   Growing consumption of asparagus as pickle since its shelf-life can be extended by adding preservative or by keeping asparagus in brine.
  •   Rising R&D activities drive the asparagus market.

Restraints:

  •   Distribution of product through direct marketing.

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 asparagus 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 marketduring 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 asparagus market in these regions.

IMPACT OF COVID-19 ON ASPARAGUS 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 chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

World Geography

Have a question?

Analyst

Shejal

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS


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 asparagus 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 marketduring 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 asparagus market in these regions.

IMPACT OF COVID-19 ON ASPARAGUS 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 chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various 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 asparagus 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 partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from asparagus market are anticipated to lucrative growth opportunities in the future with the rising demand for asparagus in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the asparagus 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.

  •   Altar Produce LLC
  •   BEJO SEEDS LTD.
  •   Cutter Asparagus Seed
  •   DanPer Trujillo S.A.C.
  •   JERSEY ASPARAGUS FARMS, INC.
  •   Limgroup B.V.
  •   Sociedad Agrícola Virú
  •   Spargelhof Elsholz Gbr
  •   TEBOZA BV
  •   THIERMANN SPAGEL FARM
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.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
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
1.3.1 Asparagus Market - By Type
1.3.2 Asparagus Market - By Category
1.3.3 Asparagus Market - By Distribution Channel
1.3.4 Asparagus Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ASPARAGUS 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. ASPARAGUS 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. ASPARAGUS MARKET - GLOBAL MARKET ANALYSIS
6.1. ASPARAGUS - GLOBAL MARKET OVERVIEW
6.2. ASPARAGUS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. ASPARAGUS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FRESH
7.3.1. Overview
7.3.2. Fresh Market Forecast and Analysis
7.4. PROCESSED
7.4.1. Overview
7.4.2. Processed Market Forecast and Analysis
8. ASPARAGUS MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
8.1. OVERVIEW
8.2. CATEGORY MARKET FORECASTS AND ANALYSIS
8.3. ORGANIC
8.3.1. Overview
8.3.2. Organic Market Forecast and Analysis
8.4. CONVENTIONAL
8.4.1. Overview
8.4.2. Conventional Market Forecast and Analysis
9. ASPARAGUS 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. ASPARAGUS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Asparagus Market Overview
10.1.2 North America Asparagus Market Forecasts and Analysis
10.1.3 North America Asparagus Market Forecasts and Analysis - By Type
10.1.4 North America Asparagus Market Forecasts and Analysis - By Category
10.1.5 North America Asparagus Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Asparagus Market Forecasts and Analysis - By Countries
10.1.6.1 United States Asparagus Market
10.1.6.1.1 United States Asparagus Market by Type
10.1.6.1.2 United States Asparagus Market by Category
10.1.6.1.3 United States Asparagus Market by Distribution Channel
10.1.6.2 Canada Asparagus Market
10.1.6.2.1 Canada Asparagus Market by Type
10.1.6.2.2 Canada Asparagus Market by Category
10.1.6.2.3 Canada Asparagus Market by Distribution Channel
10.1.6.3 Mexico Asparagus Market
10.1.6.3.1 Mexico Asparagus Market by Type
10.1.6.3.2 Mexico Asparagus Market by Category
10.1.6.3.3 Mexico Asparagus Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Asparagus Market Overview
10.2.2 Europe Asparagus Market Forecasts and Analysis
10.2.3 Europe Asparagus Market Forecasts and Analysis - By Type
10.2.4 Europe Asparagus Market Forecasts and Analysis - By Category
10.2.5 Europe Asparagus Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Asparagus Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Asparagus Market
10.2.6.1.1 Germany Asparagus Market by Type
10.2.6.1.2 Germany Asparagus Market by Category
10.2.6.1.3 Germany Asparagus Market by Distribution Channel
10.2.6.2 France Asparagus Market
10.2.6.2.1 France Asparagus Market by Type
10.2.6.2.2 France Asparagus Market by Category
10.2.6.2.3 France Asparagus Market by Distribution Channel
10.2.6.3 Italy Asparagus Market
10.2.6.3.1 Italy Asparagus Market by Type
10.2.6.3.2 Italy Asparagus Market by Category
10.2.6.3.3 Italy Asparagus Market by Distribution Channel
10.2.6.4 United Kingdom Asparagus Market
10.2.6.4.1 United Kingdom Asparagus Market by Type
10.2.6.4.2 United Kingdom Asparagus Market by Category
10.2.6.4.3 United Kingdom Asparagus Market by Distribution Channel
10.2.6.5 Russia Asparagus Market
10.2.6.5.1 Russia Asparagus Market by Type
10.2.6.5.2 Russia Asparagus Market by Category
10.2.6.5.3 Russia Asparagus Market by Distribution Channel
10.2.6.6 Rest of Europe Asparagus Market
10.2.6.6.1 Rest of Europe Asparagus Market by Type
10.2.6.6.2 Rest of Europe Asparagus Market by Category
10.2.6.6.3 Rest of Europe Asparagus Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Asparagus Market Overview
10.3.2 Asia-Pacific Asparagus Market Forecasts and Analysis
10.3.3 Asia-Pacific Asparagus Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Asparagus Market Forecasts and Analysis - By Category
10.3.5 Asia-Pacific Asparagus Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Asparagus Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Asparagus Market
10.3.6.1.1 Australia Asparagus Market by Type
10.3.6.1.2 Australia Asparagus Market by Category
10.3.6.1.3 Australia Asparagus Market by Distribution Channel
10.3.6.2 China Asparagus Market
10.3.6.2.1 China Asparagus Market by Type
10.3.6.2.2 China Asparagus Market by Category
10.3.6.2.3 China Asparagus Market by Distribution Channel
10.3.6.3 India Asparagus Market
10.3.6.3.1 India Asparagus Market by Type
10.3.6.3.2 India Asparagus Market by Category
10.3.6.3.3 India Asparagus Market by Distribution Channel
10.3.6.4 Japan Asparagus Market
10.3.6.4.1 Japan Asparagus Market by Type
10.3.6.4.2 Japan Asparagus Market by Category
10.3.6.4.3 Japan Asparagus Market by Distribution Channel
10.3.6.5 South Korea Asparagus Market
10.3.6.5.1 South Korea Asparagus Market by Type
10.3.6.5.2 South Korea Asparagus Market by Category
10.3.6.5.3 South Korea Asparagus Market by Distribution Channel
10.3.6.6 Rest of Asia-Pacific Asparagus Market
10.3.6.6.1 Rest of Asia-Pacific Asparagus Market by Type
10.3.6.6.2 Rest of Asia-Pacific Asparagus Market by Category
10.3.6.6.3 Rest of Asia-Pacific Asparagus Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Asparagus Market Overview
10.4.2 Middle East and Africa Asparagus Market Forecasts and Analysis
10.4.3 Middle East and Africa Asparagus Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Asparagus Market Forecasts and Analysis - By Category
10.4.5 Middle East and Africa Asparagus Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Asparagus Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Asparagus Market
10.4.6.1.1 South Africa Asparagus Market by Type
10.4.6.1.2 South Africa Asparagus Market by Category
10.4.6.1.3 South Africa Asparagus Market by Distribution Channel
10.4.6.2 Saudi Arabia Asparagus Market
10.4.6.2.1 Saudi Arabia Asparagus Market by Type
10.4.6.2.2 Saudi Arabia Asparagus Market by Category
10.4.6.2.3 Saudi Arabia Asparagus Market by Distribution Channel
10.4.6.3 U.A.E Asparagus Market
10.4.6.3.1 U.A.E Asparagus Market by Type
10.4.6.3.2 U.A.E Asparagus Market by Category
10.4.6.3.3 U.A.E Asparagus Market by Distribution Channel
10.4.6.4 Rest of Middle East and Africa Asparagus Market
10.4.6.4.1 Rest of Middle East and Africa Asparagus Market by Type
10.4.6.4.2 Rest of Middle East and Africa Asparagus Market by Category
10.4.6.4.3 Rest of Middle East and Africa Asparagus Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Asparagus Market Overview
10.5.2 South and Central America Asparagus Market Forecasts and Analysis
10.5.3 South and Central America Asparagus Market Forecasts and Analysis - By Type
10.5.4 South and Central America Asparagus Market Forecasts and Analysis - By Category
10.5.5 South and Central America Asparagus Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Asparagus Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Asparagus Market
10.5.6.1.1 Brazil Asparagus Market by Type
10.5.6.1.2 Brazil Asparagus Market by Category
10.5.6.1.3 Brazil Asparagus Market by Distribution Channel
10.5.6.2 Argentina Asparagus Market
10.5.6.2.1 Argentina Asparagus Market by Type
10.5.6.2.2 Argentina Asparagus Market by Category
10.5.6.2.3 Argentina Asparagus Market by Distribution Channel
10.5.6.3 Rest of South and Central America Asparagus Market
10.5.6.3.1 Rest of South and Central America Asparagus Market by Type
10.5.6.3.2 Rest of South and Central America Asparagus Market by Category
10.5.6.3.3 Rest of South and Central America Asparagus 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. ASPARAGUS MARKET, KEY COMPANY PROFILES
12.1. ALTAR PRODUCE LLC
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. BEJO SEEDS LTD.
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. CUTTER ASPARAGUS SEED
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. DANPER TRUJILLO S.A.C.
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. JERSEY ASPARAGUS FARMS, INC.
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. LIMGROUP B.V.
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. SOCIEDAD AGRíCOLA VIRú
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. SPARGELHOF ELSHOLZ GBR
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. TEBOZA BV
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. THIERMANN SPAGEL FARM
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
The List of Companies

1. Altar Produce LLC
2. BEJO SEEDS LTD.
3. Cutter Asparagus Seed
4. DanPer Trujillo S.A.C.
5. JERSEY ASPARAGUS FARMS, INC.
6. Limgroup B.V.
7. Sociedad Agrícola Virú
8. Spargelhof Elsholz Gbr
9. TEBOZA BV
10. THIERMANN SPAGEL FARM

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Food and Beverages : READ MORE..