Hazelnut Market Developments by 2031
Hazelnuts are rich in fats, protein, vitamins, and minerals. Hazelnuts also provide high amounts of antioxidants. High antioxidants level protect the human body from oxidative stress, which can damage cell structure and promote aging, cancer, and heart disease. Also, hazelnuts are used as a major ingredient in confectionery to make praline. It is also used in combination with chocolate for chocolate truffles and products such as Nutella, Frangelico liqueur, and cadbury chocolate bars. Hazelnut oil produced from hazelnuts is used as a cooking oil.
MARKET DYNAMICS
The hazelnut market has witnessed significant growth owing to factors such as rising awareness of the health benefits offered by hazelnut and increasing health consciousness among the consumers. Moreover, a significant shift of consumers towards healthy food habits provides huge market opportunities for the key players in the market. However, fluctuation in the cultivation and prices of hazelnut is projected to hamper the overall growth of the hazelnut market.
MARKET SCOPE
The "Global Hazelnut 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 hazelnut market with detailed market segmentation by form, application, distribution channel and geography. The global hazelnut market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hazelnut market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hazelnut market is segmented on the basis of form, application and distribution channel. On the basis of form, the hazelnut market is segmented into raw and processed. Based on application the market is segmented into food and beverage, pharmaceutical, and cosmetics and personal care. The food and beverage segment is further divided into confectionary, baker, frozen desserts, coffee, liquors, and others. On the basis of distribution channel, the hazelnut market is segmented into business to business and business to consumer. The business to consumer segment is further segmented into supermarket/hypermarket, specialty 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 hazelnut market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hazelnut 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 hazelnut 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 hazelnut market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hazelnut market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hazelnut 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 hazelnut 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 hazelnut market in these regions.
MARKET PLAYERS
The reports cover key developments in the hazelnut 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 hazelnut market are anticipated to lucrative growth opportunities in the future with the rising demand for hazelnut in the global market. Below mentioned is the list of few companies engaged in the hazelnut market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hazelnut 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.
- ARSLANTURK
- Ayd-n Kuruyemi- Sanayii ve Ticaret A.-.
- AZERSTAR LLC
- Balsu Gida
- Barry Callebaut
- Chelmer Foods
- DURAK FINDIK
- Northwest Hazelnut Company
- Olam International
- Oregon Hazelnuts
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
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hazelnut Market - By Form
1.3.2 Hazelnut Market - By Application
1.3.3 Hazelnut Market - By Distribution Channel
1.3.4 Hazelnut Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HAZELNUT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. HAZELNUT 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. HAZELNUT MARKET - GLOBAL MARKET ANALYSIS
6.1. HAZELNUT - GLOBAL MARKET OVERVIEW
6.2. HAZELNUT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HAZELNUT MARKET - REVENUE AND FORECASTS TO 2028 – FORM
7.1. OVERVIEW
7.2. FORM MARKET FORECASTS AND ANALYSIS
7.3. RAW
7.3.1. Overview
7.3.2. Raw Market Forecast and Analysis
7.4. PROCESSED
7.4.1. Overview
7.4.2. Processed Market Forecast and Analysis
8. HAZELNUT MARKET - REVENUE AND FORECASTS TO 2028 – APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGE
8.3.1. Overview
8.3.2. Food and Beverage Market Forecast and Analysis
8.3.3. Confectionary Market
8.3.3.1. Overview
8.3.3.2. Confectionary Market Forecast and Analysis
8.3.4. Bakery Market
8.3.4.1. Overview
8.3.4.2. Bakery Market Forecast and Analysis
8.3.5. Frozen Desserts Market
8.3.5.1. Overview
8.3.5.2. Frozen Desserts Market Forecast and Analysis
8.3.6. Coffee Market
8.3.6.1. Overview
8.3.6.2. Coffee Market Forecast and Analysis
8.3.7. Liquors Market
8.3.7.1. Overview
8.3.7.2. Liquors Market Forecast and Analysis
8.3.8. Others Market
8.3.8.1. Overview
8.3.8.2. Others Market Forecast and Analysis
8.4. PHARMACEUTICAL
8.4.1. Overview
8.4.2. Pharmaceutical Market Forecast and Analysis
8.5. COSMETICS AND PERSONAL CARE
8.5.1. Overview
8.5.2. Cosmetics and Personal Care Market Forecast and Analysis
9. HAZELNUT MARKET - REVENUE AND FORECASTS TO 2028 – DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. BUSINESS TO BUSINESS
9.3.1. Overview
9.3.2. Business to Business Market Forecast and Analysis
9.4. BUSINESS TO CONSUMER
9.4.1. Overview
9.4.2. Business to Consumer Market Forecast and Analysis
9.4.3. Hypermarkets/Supermarkets Market
9.4.3.1. Overview
9.4.3.2. Hypermarkets/Supermarkets Market Forecast and Analysis
9.4.4. Specialty Stores Market
9.4.4.1. Overview
9.4.4.2. Specialty Stores Market Forecast and Analysis
9.4.5. Online Retail Market
9.4.5.1. Overview
9.4.5.2. Online Retail Market Forecast and Analysis
9.4.6. Others Market
9.4.6.1. Overview
9.4.6.2. Others Market Forecast and Analysis
10. HAZELNUT MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Hazelnut Market Overview
10.1.2 North America Hazelnut Market Forecasts and Analysis
10.1.3 North America Hazelnut Market Forecasts and Analysis - By Form
10.1.4 North America Hazelnut Market Forecasts and Analysis - By Application
10.1.5 North America Hazelnut Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Hazelnut Market Forecasts and Analysis - By Countries
10.1.6.1 United States Hazelnut Market
10.1.6.1.1 United States Hazelnut Market by Form
10.1.6.1.2 United States Hazelnut Market by Application
10.1.6.1.3 United States Hazelnut Market by Distribution Channel
10.1.6.2 Canada Hazelnut Market
10.1.6.2.1 Canada Hazelnut Market by Form
10.1.6.2.2 Canada Hazelnut Market by Application
10.1.6.2.3 Canada Hazelnut Market by Distribution Channel
10.1.6.3 Mexico Hazelnut Market
10.1.6.3.1 Mexico Hazelnut Market by Form
10.1.6.3.2 Mexico Hazelnut Market by Application
10.1.6.3.3 Mexico Hazelnut Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Hazelnut Market Overview
10.2.2 Europe Hazelnut Market Forecasts and Analysis
10.2.3 Europe Hazelnut Market Forecasts and Analysis - By Form
10.2.4 Europe Hazelnut Market Forecasts and Analysis - By Application
10.2.5 Europe Hazelnut Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Hazelnut Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Hazelnut Market
10.2.6.1.1 Germany Hazelnut Market by Form
10.2.6.1.2 Germany Hazelnut Market by Application
10.2.6.1.3 Germany Hazelnut Market by Distribution Channel
10.2.6.2 France Hazelnut Market
10.2.6.2.1 France Hazelnut Market by Form
10.2.6.2.2 France Hazelnut Market by Application
10.2.6.2.3 France Hazelnut Market by Distribution Channel
10.2.6.3 Italy Hazelnut Market
10.2.6.3.1 Italy Hazelnut Market by Form
10.2.6.3.2 Italy Hazelnut Market by Application
10.2.6.3.3 Italy Hazelnut Market by Distribution Channel
10.2.6.4 United Kingdom Hazelnut Market
10.2.6.4.1 United Kingdom Hazelnut Market by Form
10.2.6.4.2 United Kingdom Hazelnut Market by Application
10.2.6.4.3 United Kingdom Hazelnut Market by Distribution Channel
10.2.6.5 Russia Hazelnut Market
10.2.6.5.1 Russia Hazelnut Market by Form
10.2.6.5.2 Russia Hazelnut Market by Application
10.2.6.5.3 Russia Hazelnut Market by Distribution Channel
10.2.6.6 Rest of Europe Hazelnut Market
10.2.6.6.1 Rest of Europe Hazelnut Market by Form
10.2.6.6.2 Rest of Europe Hazelnut Market by Application
10.2.6.6.3 Rest of Europe Hazelnut Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Hazelnut Market Overview
10.3.2 Asia-Pacific Hazelnut Market Forecasts and Analysis
10.3.3 Asia-Pacific Hazelnut Market Forecasts and Analysis - By Form
10.3.4 Asia-Pacific Hazelnut Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Hazelnut Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Hazelnut Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Hazelnut Market
10.3.6.1.1 Australia Hazelnut Market by Form
10.3.6.1.2 Australia Hazelnut Market by Application
10.3.6.1.3 Australia Hazelnut Market by Distribution Channel
10.3.6.2 China Hazelnut Market
10.3.6.2.1 China Hazelnut Market by Form
10.3.6.2.2 China Hazelnut Market by Application
10.3.6.2.3 China Hazelnut Market by Distribution Channel
10.3.6.3 India Hazelnut Market
10.3.6.3.1 India Hazelnut Market by Form
10.3.6.3.2 India Hazelnut Market by Application
10.3.6.3.3 India Hazelnut Market by Distribution Channel
10.3.6.4 Japan Hazelnut Market
10.3.6.4.1 Japan Hazelnut Market by Form
10.3.6.4.2 Japan Hazelnut Market by Application
10.3.6.4.3 Japan Hazelnut Market by Distribution Channel
10.3.6.5 South Korea Hazelnut Market
10.3.6.5.1 South Korea Hazelnut Market by Form
10.3.6.5.2 South Korea Hazelnut Market by Application
10.3.6.5.3 South Korea Hazelnut Market by Distribution Channel
10.3.6.6 Rest of Asia-Pacific Hazelnut Market
10.3.6.6.1 Rest of Asia-Pacific Hazelnut Market by Form
10.3.6.6.2 Rest of Asia-Pacific Hazelnut Market by Application
10.3.6.6.3 Rest of Asia-Pacific Hazelnut Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Hazelnut Market Overview
10.4.2 Middle East and Africa Hazelnut Market Forecasts and Analysis
10.4.3 Middle East and Africa Hazelnut Market Forecasts and Analysis - By Form
10.4.4 Middle East and Africa Hazelnut Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Hazelnut Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Hazelnut Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Hazelnut Market
10.4.6.1.1 South Africa Hazelnut Market by Form
10.4.6.1.2 South Africa Hazelnut Market by Application
10.4.6.1.3 South Africa Hazelnut Market by Distribution Channel
10.4.6.2 Saudi Arabia Hazelnut Market
10.4.6.2.1 Saudi Arabia Hazelnut Market by Form
10.4.6.2.2 Saudi Arabia Hazelnut Market by Application
10.4.6.2.3 Saudi Arabia Hazelnut Market by Distribution Channel
10.4.6.3 U.A.E Hazelnut Market
10.4.6.3.1 U.A.E Hazelnut Market by Form
10.4.6.3.2 U.A.E Hazelnut Market by Application
10.4.6.3.3 U.A.E Hazelnut Market by Distribution Channel
10.4.6.4 Rest of Middle East and Africa Hazelnut Market
10.4.6.4.1 Rest of Middle East and Africa Hazelnut Market by Form
10.4.6.4.2 Rest of Middle East and Africa Hazelnut Market by Application
10.4.6.4.3 Rest of Middle East and Africa Hazelnut Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Hazelnut Market Overview
10.5.2 South and Central America Hazelnut Market Forecasts and Analysis
10.5.3 South and Central America Hazelnut Market Forecasts and Analysis - By Form
10.5.4 South and Central America Hazelnut Market Forecasts and Analysis - By Application
10.5.5 South and Central America Hazelnut Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Hazelnut Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Hazelnut Market
10.5.6.1.1 Brazil Hazelnut Market by Form
10.5.6.1.2 Brazil Hazelnut Market by Application
10.5.6.1.3 Brazil Hazelnut Market by Distribution Channel
10.5.6.2 Argentina Hazelnut Market
10.5.6.2.1 Argentina Hazelnut Market by Form
10.5.6.2.2 Argentina Hazelnut Market by Application
10.5.6.2.3 Argentina Hazelnut Market by Distribution Channel
10.5.6.3 Rest of South and Central America Hazelnut Market
10.5.6.3.1 Rest of South and Central America Hazelnut Market by Form
10.5.6.3.2 Rest of South and Central America Hazelnut Market by Application
10.5.6.3.3 Rest of South and Central America Hazelnut 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. HAZELNUT MARKET, KEY COMPANY PROFILES
12.1. ARSLANTURK
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. AYD?N KURUYEMI? SANAYII VE TICARET A.?.
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. AZERSTAR LLC
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. BALSU GIDA
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. BARRY CALLEBAUT
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. CHELMER FOODS
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. DURAK FINDIK
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. NORTHWEST HAZELNUT COMPANY
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. OLAM INTERNATIONAL
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. OREGON HAZELNUTS
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
1. ARSLANTURK
2. Aydn Kuruyemi Sanayii ve Ticaret A.
3. AZERSTAR LLC
4. Balsu Gida
5. Barry Callebaut
6. Chelmer Foods
7. DURAK FINDIK
8. Northwest Hazelnut Company
9. Olam International
10. Oregon Hazelnuts
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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