Food Gift Boxes and Baskets Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Food Gift Boxes and Baskets Market covers analysis By Type (Nuts and Dried Fruits, Snacks, Baked Goods and Confectioneries, Others); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00022472
  • Category : Food and Beverages
  • No. of Pages : 150
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Food Gift Boxes and Baskets Market Insights and Growth by 2031

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MARKET INTRODUCTION

Food gift boxes and baskets are hampers containing various food products such as chocolates, nuts, packaged snacks, beverages, bakery goods, etc., often used for gifting purpose during small occasions and social gatherings. These baskets and gift boxes can be customized according to specific requirements of consumers. Moreover, choice of food products and the overall cost of the hamper can be decided by the consumers accordingly. Gifting chocolates, baked goods, beverages, etc., in a decorated and attractive hamper during birthdays, housewarming party, thanksgiving, Christmas, Mother's Day and other such occasions is gaining traction amongst the young population and working class across the globe.

MARKET DYNAMICS

Growing trend of gifting customized gift hampers during small events, festivals and social gatherings is the crucial factor driving the market growth. Moreover, giving handmade and premium food products as gifts is gaining traction amongst the young population in various regions which is anticipated to boost the demand for food gift boxes and baskets over the forecast period. Additionally, growing influence of social media influencers and celebrities on the lifestyles and choices of people is also one of the key factors projected to further bolster the market growth in the coming years.

MARKET SCOPE

The "Global Food Gift Boxes and Baskets Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the food gift boxes and baskets market with detailed market segmentation by type and distribution channel. The global food gift boxes and baskets market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food gift boxes and baskets market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global food gift boxes and baskets market is segmented into type and distribution channel. By type, the food gift boxes and baskets market is bifurcated into nuts & dried fruits, snacks, baked goods & confectionaries, and others. By distribution channel, the food gift boxes and baskets market is bifurcated into supermarkets & hypermarkets, convenience store, online retail, and others.

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 food gift boxes and baskets 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 food gift boxes and baskets 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 food gift boxes and baskets 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 food gift boxes and baskets market in these regions.

World Geography

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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 food gift boxes and baskets 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 food gift boxes and baskets 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 food gift boxes and baskets 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 food gift boxes and baskets market in these regions.

MARKET PLAYERS

The report covers vital developments in the food gift boxes and baskets 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 players from the food gift boxes and baskets market are anticipated to lucrative growth opportunities in the future with the rising demand for food gift boxes and baskets in the global market. Below mentioned is the list of few companies engaged in the food gift boxes and baskets market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food gift boxes and baskets 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.

  •   Simone LeBlanc, Inc.
  •   The Gourmet Box
  •   Williams Sonoma Inc.
  •   Bayley's Boxes, Inc.
  •   U.S. Box Corp.
  •   Stonewall Kitchen
  •   BKLYN Larder
  •   Nashville Wraps, LLC
  •   The Fruit Company
  •   GiftTree

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
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 Food Gift Boxes And Baskets Market - By Type
1.3.2 Food Gift Boxes And Baskets Market - By Distribution Channel
1.3.3 Food Gift Boxes And Baskets Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. FOOD GIFT BOXES AND BASKETS 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. FOOD GIFT BOXES AND BASKETS 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. FOOD GIFT BOXES AND BASKETS MARKET - GLOBAL MARKET ANALYSIS
6.1. FOOD GIFT BOXES AND BASKETS - GLOBAL MARKET OVERVIEW
6.2. FOOD GIFT BOXES AND BASKETS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. FOOD GIFT BOXES AND BASKETS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. NUTS AND DRIED FRUITS
7.3.1. Overview
7.3.2. Nuts and Dried Fruits Market Forecast and Analysis
7.4. SNACKS
7.4.1. Overview
7.4.2. Snacks Market Forecast and Analysis
7.5. BAKED GOODS AND CONFECTIONERIES
7.5.1. Overview
7.5.2. Baked Goods and Confectioneries Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. FOOD GIFT BOXES AND BASKETS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. FOOD GIFT BOXES AND BASKETS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Food Gift Boxes And Baskets Market Overview
9.1.2 North America Food Gift Boxes And Baskets Market Forecasts and Analysis
9.1.3 North America Food Gift Boxes And Baskets Market Forecasts and Analysis - By Type
9.1.4 North America Food Gift Boxes And Baskets Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Food Gift Boxes And Baskets Market Forecasts and Analysis - By Countries
9.1.5.1 United States Food Gift Boxes And Baskets Market
9.1.5.1.1 United States Food Gift Boxes And Baskets Market by Type
9.1.5.1.2 United States Food Gift Boxes And Baskets Market by Distribution Channel
9.1.5.2 Canada Food Gift Boxes And Baskets Market
9.1.5.2.1 Canada Food Gift Boxes And Baskets Market by Type
9.1.5.2.2 Canada Food Gift Boxes And Baskets Market by Distribution Channel
9.1.5.3 Mexico Food Gift Boxes And Baskets Market
9.1.5.3.1 Mexico Food Gift Boxes And Baskets Market by Type
9.1.5.3.2 Mexico Food Gift Boxes And Baskets Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Food Gift Boxes And Baskets Market Overview
9.2.2 Europe Food Gift Boxes And Baskets Market Forecasts and Analysis
9.2.3 Europe Food Gift Boxes And Baskets Market Forecasts and Analysis - By Type
9.2.4 Europe Food Gift Boxes And Baskets Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Food Gift Boxes And Baskets Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Food Gift Boxes And Baskets Market
9.2.5.1.1 Germany Food Gift Boxes And Baskets Market by Type
9.2.5.1.2 Germany Food Gift Boxes And Baskets Market by Distribution Channel
9.2.5.2 France Food Gift Boxes And Baskets Market
9.2.5.2.1 France Food Gift Boxes And Baskets Market by Type
9.2.5.2.2 France Food Gift Boxes And Baskets Market by Distribution Channel
9.2.5.3 Italy Food Gift Boxes And Baskets Market
9.2.5.3.1 Italy Food Gift Boxes And Baskets Market by Type
9.2.5.3.2 Italy Food Gift Boxes And Baskets Market by Distribution Channel
9.2.5.4 United Kingdom Food Gift Boxes And Baskets Market
9.2.5.4.1 United Kingdom Food Gift Boxes And Baskets Market by Type
9.2.5.4.2 United Kingdom Food Gift Boxes And Baskets Market by Distribution Channel
9.2.5.5 Russia Food Gift Boxes And Baskets Market
9.2.5.5.1 Russia Food Gift Boxes And Baskets Market by Type
9.2.5.5.2 Russia Food Gift Boxes And Baskets Market by Distribution Channel
9.2.5.6 Rest of Europe Food Gift Boxes And Baskets Market
9.2.5.6.1 Rest of Europe Food Gift Boxes And Baskets Market by Type
9.2.5.6.2 Rest of Europe Food Gift Boxes And Baskets Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Food Gift Boxes And Baskets Market Overview
9.3.2 Asia-Pacific Food Gift Boxes And Baskets Market Forecasts and Analysis
9.3.3 Asia-Pacific Food Gift Boxes And Baskets Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Food Gift Boxes And Baskets Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Food Gift Boxes And Baskets Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Food Gift Boxes And Baskets Market
9.3.5.1.1 Australia Food Gift Boxes And Baskets Market by Type
9.3.5.1.2 Australia Food Gift Boxes And Baskets Market by Distribution Channel
9.3.5.2 China Food Gift Boxes And Baskets Market
9.3.5.2.1 China Food Gift Boxes And Baskets Market by Type
9.3.5.2.2 China Food Gift Boxes And Baskets Market by Distribution Channel
9.3.5.3 India Food Gift Boxes And Baskets Market
9.3.5.3.1 India Food Gift Boxes And Baskets Market by Type
9.3.5.3.2 India Food Gift Boxes And Baskets Market by Distribution Channel
9.3.5.4 Japan Food Gift Boxes And Baskets Market
9.3.5.4.1 Japan Food Gift Boxes And Baskets Market by Type
9.3.5.4.2 Japan Food Gift Boxes And Baskets Market by Distribution Channel
9.3.5.5 South Korea Food Gift Boxes And Baskets Market
9.3.5.5.1 South Korea Food Gift Boxes And Baskets Market by Type
9.3.5.5.2 South Korea Food Gift Boxes And Baskets Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Food Gift Boxes And Baskets Market
9.3.5.6.1 Rest of Asia-Pacific Food Gift Boxes And Baskets Market by Type
9.3.5.6.2 Rest of Asia-Pacific Food Gift Boxes And Baskets Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Food Gift Boxes And Baskets Market Overview
9.4.2 Middle East and Africa Food Gift Boxes And Baskets Market Forecasts and Analysis
9.4.3 Middle East and Africa Food Gift Boxes And Baskets Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Food Gift Boxes And Baskets Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Food Gift Boxes And Baskets Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Food Gift Boxes And Baskets Market
9.4.5.1.1 South Africa Food Gift Boxes And Baskets Market by Type
9.4.5.1.2 South Africa Food Gift Boxes And Baskets Market by Distribution Channel
9.4.5.2 Saudi Arabia Food Gift Boxes And Baskets Market
9.4.5.2.1 Saudi Arabia Food Gift Boxes And Baskets Market by Type
9.4.5.2.2 Saudi Arabia Food Gift Boxes And Baskets Market by Distribution Channel
9.4.5.3 U.A.E Food Gift Boxes And Baskets Market
9.4.5.3.1 U.A.E Food Gift Boxes And Baskets Market by Type
9.4.5.3.2 U.A.E Food Gift Boxes And Baskets Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Food Gift Boxes And Baskets Market
9.4.5.4.1 Rest of Middle East and Africa Food Gift Boxes And Baskets Market by Type
9.4.5.4.2 Rest of Middle East and Africa Food Gift Boxes And Baskets Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Food Gift Boxes And Baskets Market Overview
9.5.2 South and Central America Food Gift Boxes And Baskets Market Forecasts and Analysis
9.5.3 South and Central America Food Gift Boxes And Baskets Market Forecasts and Analysis - By Type
9.5.4 South and Central America Food Gift Boxes And Baskets Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Food Gift Boxes And Baskets Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Food Gift Boxes And Baskets Market
9.5.5.1.1 Brazil Food Gift Boxes And Baskets Market by Type
9.5.5.1.2 Brazil Food Gift Boxes And Baskets Market by Distribution Channel
9.5.5.2 Argentina Food Gift Boxes And Baskets Market
9.5.5.2.1 Argentina Food Gift Boxes And Baskets Market by Type
9.5.5.2.2 Argentina Food Gift Boxes And Baskets Market by Distribution Channel
9.5.5.3 Rest of South and Central America Food Gift Boxes And Baskets Market
9.5.5.3.1 Rest of South and Central America Food Gift Boxes And Baskets Market by Type
9.5.5.3.2 Rest of South and Central America Food Gift Boxes And Baskets Market by Distribution Channel

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. FOOD GIFT BOXES AND BASKETS MARKET, KEY COMPANY PROFILES
11.1. SIMONE LEBLANC INC.
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. THE GOURMET BOX
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. WILLIAMS SONOMA INC.
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. BAYLEY'S BOXES INC.
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. U.S. BOX CORP.
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. STONEWALL KITCHEN
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. BKLYN LARDER
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. NASHVILLE WRAPS LL
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. THE FRUIT COMPANY
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. GIFTTREE
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
The List of Companies

1. Simone LeBlanc Inc.
2. The Gourmet Box
3. Williams Sonoma Inc.
4. Bayley's Boxes Inc.
5. U.S. Box Corp.
6. Stonewall Kitchen
7. BKLYN Larder
8. Nashville Wraps LL
9. The Fruit Company
10. GiftTree

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.

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