Guar Gum Market SWOT Analysis by 2031
Analyst Perspective
The global guar gum market is estimated to register a CAGR of ~5%. Increasing awareness of guar gum's health benefits and its diverse applications in food, pharmaceuticals, cosmetics, and industrial sectors drive market growth. Price volatility, supply chain disruptions, and competition from substitutes are significant challenges that may hamper the guar gum market's growth. Product innovation, technological advancements, and sustainability initiatives are significant opportunities for the growth of the guar gum market.
Market Overview
Guar gum is a versatile natural polymer sourced from guar seeds. Its powdered form is a valuable tool in stabilizing, emulsifying, and thickening textures in food and industrial uses. Gaur gum powder plays a crucial role in the food industry, enhancing the texture of gluten-free pastries, jams, noodles, and ice cream. Its versatility extends to salad dressing, sauces, and soups, where it controls thickness and ensures a smooth texture, driving growth in the global gaur gum market. Rising global demand for convenient food has also led to the growth of the guar gum market. The increased use of guar gum in bakery items also contributes to market growth. Beyond food, guar gum finds extensive use in the petroleum industry, serving purposes such as corrosion inhibition, fracturing fluids, enhanced oil recovery, and viscosity improvement. Its high viscosity makes it an ideal solution for oil and gas recovery, establishing the petroleum and oil & gas sectors as key contributors to the global guar gum market expansion.
Market Drivers
- Consumers are increasingly looking for natural and organic ingredients in their food and beverages, and guar gum is a plant-based gluten-free ingredient that can be used as a thickener, stabilizer, and emulsifier.
- Guar gum has many health benefits, including aiding digestion, controlling blood sugar levels, and lowering cholesterol, which led to increased demand for guar gum in food and beverage products, as well as in nutraceuticals and pharmaceuticals.
- Gaur gum is a key ingredient in hydraulic fracturing fluids used to extract oil and gas from shale formulations. The growth of the oil and gas industry is another key driver of the guar gum market.
Market Segmentation
The global guar gum market is segmented based on grade, application, and function. The guar gum market is segmented based on grade into food grade, pharmaceutical grade, and industrial grade.
The guar gum market is segmented based on application in food & beverages, oil & gas, pharmaceuticals, and paper manufacturing, and based on function, it is segmented into stabilizing, emulsifying, thickening, binding, and others.
REGIONAL FRAMEWORK
The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global guar gum market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The guar gum market by region is also sub-segmented by respective countries and segments. The guar gum market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.
The report analyses factors affecting the guar gum market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting these regions' guar gum market.
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The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global guar gum market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The guar gum market by region is also sub-segmented by respective countries and segments. The guar gum market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.
The report analyses factors affecting the guar gum market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting these regions' guar gum market.
MARKET PLAYERS
The reports cover vital organic and inorganic growth strategy developments in the gaur gum market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. The guar gum market players are expected to have lucrative growth opportunities with the increasing demand for sustainable products in the global market.
The report includes key companies' profiles, SWOT analysis, and guar gum market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.
Below is a list of guar gum market companies.
- Altrafine Gums
- Cargill Inc
- Dupont
- Dabur
- Global Gums and Chemicals
- Ingredion Inc.
- Guangrao
- Neelkanth Polymers
- Vikas Wsp
- Fuji Oil Holdings
- 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.
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 Guar Gum Market - By Grade
1.3.2 Guar Gum Market - By Function
1.3.3 Guar Gum Market - By Application
1.3.4 Guar Gum Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GUAR GUM 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. GUAR GUM 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. GUAR GUM MARKET - GLOBAL MARKET ANALYSIS
6.1. GUAR GUM - GLOBAL MARKET OVERVIEW
6.2. GUAR GUM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. GUAR GUM MARKET - REVENUE AND FORECASTS TO 2028 - GRADE
7.1. OVERVIEW
7.2. GRADE MARKET FORECASTS AND ANALYSIS
7.3. FOOD-GRADE
7.3.1. Overview
7.3.2. Food-grade Market Forecast and Analysis
7.4. INDUSTRIAL-GRADE
7.4.1. Overview
7.4.2. Industrial-grade Market Forecast and Analysis
7.5. HARMACEUTICAL-GRADE
7.5.1. Overview
7.5.2. harmaceutical-grade Market Forecast and Analysis
8. GUAR GUM MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
8.1. OVERVIEW
8.2. FUNCTION MARKET FORECASTS AND ANALYSIS
8.3. THICKENING
8.3.1. Overview
8.3.2. Thickening Market Forecast and Analysis
8.4. GELLING
8.4.1. Overview
8.4.2. Gelling Market Forecast and Analysis
8.5. BINDING
8.5.1. Overview
8.5.2. Binding Market Forecast and Analysis
8.6. FRICTION REDUCING
8.6.1. Overview
8.6.2. Friction reducing Market Forecast and Analysis
8.7. OTHER FUNCTIONS
8.7.1. Overview
8.7.2. Other functions Market Forecast and Analysis
9. GUAR GUM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. OIL AND GAS
9.3.1. Overview
9.3.2. Oil and Gas Market Forecast and Analysis
9.4. FOOD AND BEVERAGES
9.4.1. Overview
9.4.2. food and Beverages Market Forecast and Analysis
9.5. MINING AND EXPLOSIVES
9.5.1. Overview
9.5.2. Mining and Explosives Market Forecast and Analysis
9.6. PAPER MANUFACTURING
9.6.1. Overview
9.6.2. Paper manufacturing Market Forecast and Analysis
9.7. PHARMACEUTICALS AND COSMETICS
9.7.1. Overview
9.7.2. Pharmaceuticals and cosmetics Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. others Market Forecast and Analysis
10. GUAR GUM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Guar Gum Market Overview
10.1.2 North America Guar Gum Market Forecasts and Analysis
10.1.3 North America Guar Gum Market Forecasts and Analysis - By Grade
10.1.4 North America Guar Gum Market Forecasts and Analysis - By Function
10.1.5 North America Guar Gum Market Forecasts and Analysis - By Application
10.1.6 North America Guar Gum Market Forecasts and Analysis - By Countries
10.1.6.1 United States Guar Gum Market
10.1.6.1.1 United States Guar Gum Market by Grade
10.1.6.1.2 United States Guar Gum Market by Function
10.1.6.1.3 United States Guar Gum Market by Application
10.1.6.2 Canada Guar Gum Market
10.1.6.2.1 Canada Guar Gum Market by Grade
10.1.6.2.2 Canada Guar Gum Market by Function
10.1.6.2.3 Canada Guar Gum Market by Application
10.1.6.3 Mexico Guar Gum Market
10.1.6.3.1 Mexico Guar Gum Market by Grade
10.1.6.3.2 Mexico Guar Gum Market by Function
10.1.6.3.3 Mexico Guar Gum Market by Application
10.2. EUROPE
10.2.1 Europe Guar Gum Market Overview
10.2.2 Europe Guar Gum Market Forecasts and Analysis
10.2.3 Europe Guar Gum Market Forecasts and Analysis - By Grade
10.2.4 Europe Guar Gum Market Forecasts and Analysis - By Function
10.2.5 Europe Guar Gum Market Forecasts and Analysis - By Application
10.2.6 Europe Guar Gum Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Guar Gum Market
10.2.6.1.1 Germany Guar Gum Market by Grade
10.2.6.1.2 Germany Guar Gum Market by Function
10.2.6.1.3 Germany Guar Gum Market by Application
10.2.6.2 France Guar Gum Market
10.2.6.2.1 France Guar Gum Market by Grade
10.2.6.2.2 France Guar Gum Market by Function
10.2.6.2.3 France Guar Gum Market by Application
10.2.6.3 Italy Guar Gum Market
10.2.6.3.1 Italy Guar Gum Market by Grade
10.2.6.3.2 Italy Guar Gum Market by Function
10.2.6.3.3 Italy Guar Gum Market by Application
10.2.6.4 United Kingdom Guar Gum Market
10.2.6.4.1 United Kingdom Guar Gum Market by Grade
10.2.6.4.2 United Kingdom Guar Gum Market by Function
10.2.6.4.3 United Kingdom Guar Gum Market by Application
10.2.6.5 Russia Guar Gum Market
10.2.6.5.1 Russia Guar Gum Market by Grade
10.2.6.5.2 Russia Guar Gum Market by Function
10.2.6.5.3 Russia Guar Gum Market by Application
10.2.6.6 Rest of Europe Guar Gum Market
10.2.6.6.1 Rest of Europe Guar Gum Market by Grade
10.2.6.6.2 Rest of Europe Guar Gum Market by Function
10.2.6.6.3 Rest of Europe Guar Gum Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Guar Gum Market Overview
10.3.2 Asia-Pacific Guar Gum Market Forecasts and Analysis
10.3.3 Asia-Pacific Guar Gum Market Forecasts and Analysis - By Grade
10.3.4 Asia-Pacific Guar Gum Market Forecasts and Analysis - By Function
10.3.5 Asia-Pacific Guar Gum Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Guar Gum Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Guar Gum Market
10.3.6.1.1 Australia Guar Gum Market by Grade
10.3.6.1.2 Australia Guar Gum Market by Function
10.3.6.1.3 Australia Guar Gum Market by Application
10.3.6.2 China Guar Gum Market
10.3.6.2.1 China Guar Gum Market by Grade
10.3.6.2.2 China Guar Gum Market by Function
10.3.6.2.3 China Guar Gum Market by Application
10.3.6.3 India Guar Gum Market
10.3.6.3.1 India Guar Gum Market by Grade
10.3.6.3.2 India Guar Gum Market by Function
10.3.6.3.3 India Guar Gum Market by Application
10.3.6.4 Japan Guar Gum Market
10.3.6.4.1 Japan Guar Gum Market by Grade
10.3.6.4.2 Japan Guar Gum Market by Function
10.3.6.4.3 Japan Guar Gum Market by Application
10.3.6.5 South Korea Guar Gum Market
10.3.6.5.1 South Korea Guar Gum Market by Grade
10.3.6.5.2 South Korea Guar Gum Market by Function
10.3.6.5.3 South Korea Guar Gum Market by Application
10.3.6.6 Rest of Asia-Pacific Guar Gum Market
10.3.6.6.1 Rest of Asia-Pacific Guar Gum Market by Grade
10.3.6.6.2 Rest of Asia-Pacific Guar Gum Market by Function
10.3.6.6.3 Rest of Asia-Pacific Guar Gum Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Guar Gum Market Overview
10.4.2 Middle East and Africa Guar Gum Market Forecasts and Analysis
10.4.3 Middle East and Africa Guar Gum Market Forecasts and Analysis - By Grade
10.4.4 Middle East and Africa Guar Gum Market Forecasts and Analysis - By Function
10.4.5 Middle East and Africa Guar Gum Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Guar Gum Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Guar Gum Market
10.4.6.1.1 South Africa Guar Gum Market by Grade
10.4.6.1.2 South Africa Guar Gum Market by Function
10.4.6.1.3 South Africa Guar Gum Market by Application
10.4.6.2 Saudi Arabia Guar Gum Market
10.4.6.2.1 Saudi Arabia Guar Gum Market by Grade
10.4.6.2.2 Saudi Arabia Guar Gum Market by Function
10.4.6.2.3 Saudi Arabia Guar Gum Market by Application
10.4.6.3 U.A.E Guar Gum Market
10.4.6.3.1 U.A.E Guar Gum Market by Grade
10.4.6.3.2 U.A.E Guar Gum Market by Function
10.4.6.3.3 U.A.E Guar Gum Market by Application
10.4.6.4 Rest of Middle East and Africa Guar Gum Market
10.4.6.4.1 Rest of Middle East and Africa Guar Gum Market by Grade
10.4.6.4.2 Rest of Middle East and Africa Guar Gum Market by Function
10.4.6.4.3 Rest of Middle East and Africa Guar Gum Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Guar Gum Market Overview
10.5.2 South and Central America Guar Gum Market Forecasts and Analysis
10.5.3 South and Central America Guar Gum Market Forecasts and Analysis - By Grade
10.5.4 South and Central America Guar Gum Market Forecasts and Analysis - By Function
10.5.5 South and Central America Guar Gum Market Forecasts and Analysis - By Application
10.5.6 South and Central America Guar Gum Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Guar Gum Market
10.5.6.1.1 Brazil Guar Gum Market by Grade
10.5.6.1.2 Brazil Guar Gum Market by Function
10.5.6.1.3 Brazil Guar Gum Market by Application
10.5.6.2 Argentina Guar Gum Market
10.5.6.2.1 Argentina Guar Gum Market by Grade
10.5.6.2.2 Argentina Guar Gum Market by Function
10.5.6.2.3 Argentina Guar Gum Market by Application
10.5.6.3 Rest of South and Central America Guar Gum Market
10.5.6.3.1 Rest of South and Central America Guar Gum Market by Grade
10.5.6.3.2 Rest of South and Central America Guar Gum Market by Function
10.5.6.3.3 Rest of South and Central America Guar Gum Market by Application
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. GUAR GUM MARKET, KEY COMPANY PROFILES
12.1. ALTRAFINE GUMS
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. CARGILL, INCORPORATED
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. DABUR
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. E.I. DUPONT DE NEMOURS AND COMPANY
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. GLOBAL GUMS AND CHEMICALS
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. GUANGRAO LIUHE CHEMICAL CO.,LTD
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. HINDUSTAN GUM AND CHEMICALS LTD.
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. INGREDION INCORPORATED
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. NEELKANTH POLYMER INDUSTRIES (A UNIT OF K.C INDIA LTD.)
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. VIKAS WSP LTD.
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.Altrafine Gums
2.Cargill, Incorporated
3.Dabur
4.E.I. Dupont De Nemours and Company
5.Global Gums and Chemicals
6.Guangrao Liuhe Chemical Co.,Ltd
7.Hindustan Gum and Chemicals Ltd.
8.Ingredion Incorporated
9.Neelkanth Polymer Industries (A Unit of K.C India Ltd.)
10.Vikas WSP Ltd.
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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