Oilseeds Market Insights and Growth by 2031
MARKET OVERVIEW
The oilseed usually is considered as one of the fastest-growing crops globally in the agricultural market due to its wide applicability in the food processing industry, pharmaceutical industry, animal feed industry, cosmetic industry, and other industries. Oilseeds are mainly cultivated for extracting edible oils, however now oilseeds are gaining more attention owing to their industrial use. The oil extracted from different oilseeds is utilized in food products for consumption; meanwhile, the residue of oil is utilized as animal feed. The major oilseeds crops are as follows sunflower, cottonseed, linseed, rapeseed, soybeans, and others. Vegetable oil is considered the most valuable commodity in world trade.
MARKET SCOPE
The "Global Oilseeds Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the oilseeds market with detailed market segmentation by type, category, application, and geography. The report provides key statistics on the market status of the leading oilseeds market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global oilseeds market is segmented into soybeans, sunflower seed, cotton seed, canola/rapeseed, and others
- Based on category, the global oilseeds market is segmented into conventional and genetically modified
- Based on application, the market is bifurcated into oilseed meal and vegetable oil
MARKET DYNAMICS
Drivers
- Increasing demand for healthy and organic oilseed-processed products.
- Growing deman from food and feed processing industries
- Molecular breeding in oilseeds
Restraints
- Fluctuating prices of raw materials may restrict the market growth.
Shejal Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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 oilseeds market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the oilseeds market in these regions.
IMPACT OF COVID-19 ON OILSEEDS MARKET
As of June 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting the business collaborations as well as partnerships opportunities.
Due to Covid-19 pandemic, food and beverage industry is also facing huge losses, which is further impacting on world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the oilseeds market. However, as the economies are planning to revive their operations, the demand for oilseeds is presumed to rise globally, since consumers are buying food products through online retailers, and increasing demand for more food products. Some of the safety measures followed by the food processing companies include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.
Have a question?
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 oilseeds market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the oilseeds market in these regions.
IMPACT OF COVID-19 ON OILSEEDS MARKET
As of June 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting the business collaborations as well as partnerships opportunities.
Due to Covid-19 pandemic, food and beverage industry is also facing huge losses, which is further impacting on world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the oilseeds market. However, as the economies are planning to revive their operations, the demand for oilseeds is presumed to rise globally, since consumers are buying food products through online retailers, and increasing demand for more food products. Some of the safety measures followed by the food processing companies include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.
MARKET PLAYERS
The report covers key developments in the oilseeds 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 oilseeds market are anticipated to lucrative growth opportunities in the future with the rising demand for oilseeds in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the oilseeds 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.
- AGT Food and Ingredients Inc.
- Bunge Limited
- Cargill, Incorporated
- CHS Inc.
- Cootamundra Oilseeds Pty Ltd
- Louis Dreyfus Company B.V.
- Oilseeds International Ltd
- The Archer Daniels Midl and Company
- The Bühler Holding AG
- Wilmar International Limited
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.
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 Oilseeds Market - By Type
1.3.2 Oilseeds Market - By Category
1.3.3 Oilseeds Market - By Application
1.3.4 Oilseeds Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. OILSEEDS 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. OILSEEDS 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. OILSEEDS MARKET - GLOBAL MARKET ANALYSIS
6.1. OILSEEDS - GLOBAL MARKET OVERVIEW
6.2. OILSEEDS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. OILSEEDS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SOYBEANS
7.3.1. Overview
7.3.2. Soybeans Market Forecast and Analysis
7.4. SUNFLOWER SEED
7.4.1. Overview
7.4.2. Sunflower Seed Market Forecast and Analysis
7.5. COTTON SEED
7.5.1. Overview
7.5.2. Cotton Seed Market Forecast and Analysis
7.6. CANOLA/RAPESEED
7.6.1. Overview
7.6.2. Canola/Rapeseed Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. OILSEEDS MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
8.1. OVERVIEW
8.2. CATEGORY MARKET FORECASTS AND ANALYSIS
8.3. CONVENTIONAL
8.3.1. Overview
8.3.2. Conventional Market Forecast and Analysis
8.4. GENETICALLY MODIFIED
8.4.1. Overview
8.4.2. Genetically Modified Market Forecast and Analysis
9. OILSEEDS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. OILSEED MEAL
9.3.1. Overview
9.3.2. Oilseed Meal Market Forecast and Analysis
9.4. VEGETABLE OIL
9.4.1. Overview
9.4.2. Vegetable Oil Market Forecast and Analysis
10. OILSEEDS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Oilseeds Market Overview
10.1.2 North America Oilseeds Market Forecasts and Analysis
10.1.3 North America Oilseeds Market Forecasts and Analysis - By Type
10.1.4 North America Oilseeds Market Forecasts and Analysis - By Category
10.1.5 North America Oilseeds Market Forecasts and Analysis - By Application
10.1.6 North America Oilseeds Market Forecasts and Analysis - By Countries
10.1.6.1 United States Oilseeds Market
10.1.6.1.1 United States Oilseeds Market by Type
10.1.6.1.2 United States Oilseeds Market by Category
10.1.6.1.3 United States Oilseeds Market by Application
10.1.6.2 Canada Oilseeds Market
10.1.6.2.1 Canada Oilseeds Market by Type
10.1.6.2.2 Canada Oilseeds Market by Category
10.1.6.2.3 Canada Oilseeds Market by Application
10.1.6.3 Mexico Oilseeds Market
10.1.6.3.1 Mexico Oilseeds Market by Type
10.1.6.3.2 Mexico Oilseeds Market by Category
10.1.6.3.3 Mexico Oilseeds Market by Application
10.2. EUROPE
10.2.1 Europe Oilseeds Market Overview
10.2.2 Europe Oilseeds Market Forecasts and Analysis
10.2.3 Europe Oilseeds Market Forecasts and Analysis - By Type
10.2.4 Europe Oilseeds Market Forecasts and Analysis - By Category
10.2.5 Europe Oilseeds Market Forecasts and Analysis - By Application
10.2.6 Europe Oilseeds Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Oilseeds Market
10.2.6.1.1 Germany Oilseeds Market by Type
10.2.6.1.2 Germany Oilseeds Market by Category
10.2.6.1.3 Germany Oilseeds Market by Application
10.2.6.2 France Oilseeds Market
10.2.6.2.1 France Oilseeds Market by Type
10.2.6.2.2 France Oilseeds Market by Category
10.2.6.2.3 France Oilseeds Market by Application
10.2.6.3 Italy Oilseeds Market
10.2.6.3.1 Italy Oilseeds Market by Type
10.2.6.3.2 Italy Oilseeds Market by Category
10.2.6.3.3 Italy Oilseeds Market by Application
10.2.6.4 United Kingdom Oilseeds Market
10.2.6.4.1 United Kingdom Oilseeds Market by Type
10.2.6.4.2 United Kingdom Oilseeds Market by Category
10.2.6.4.3 United Kingdom Oilseeds Market by Application
10.2.6.5 Russia Oilseeds Market
10.2.6.5.1 Russia Oilseeds Market by Type
10.2.6.5.2 Russia Oilseeds Market by Category
10.2.6.5.3 Russia Oilseeds Market by Application
10.2.6.6 Rest of Europe Oilseeds Market
10.2.6.6.1 Rest of Europe Oilseeds Market by Type
10.2.6.6.2 Rest of Europe Oilseeds Market by Category
10.2.6.6.3 Rest of Europe Oilseeds Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Oilseeds Market Overview
10.3.2 Asia-Pacific Oilseeds Market Forecasts and Analysis
10.3.3 Asia-Pacific Oilseeds Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Oilseeds Market Forecasts and Analysis - By Category
10.3.5 Asia-Pacific Oilseeds Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Oilseeds Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Oilseeds Market
10.3.6.1.1 Australia Oilseeds Market by Type
10.3.6.1.2 Australia Oilseeds Market by Category
10.3.6.1.3 Australia Oilseeds Market by Application
10.3.6.2 China Oilseeds Market
10.3.6.2.1 China Oilseeds Market by Type
10.3.6.2.2 China Oilseeds Market by Category
10.3.6.2.3 China Oilseeds Market by Application
10.3.6.3 India Oilseeds Market
10.3.6.3.1 India Oilseeds Market by Type
10.3.6.3.2 India Oilseeds Market by Category
10.3.6.3.3 India Oilseeds Market by Application
10.3.6.4 Japan Oilseeds Market
10.3.6.4.1 Japan Oilseeds Market by Type
10.3.6.4.2 Japan Oilseeds Market by Category
10.3.6.4.3 Japan Oilseeds Market by Application
10.3.6.5 South Korea Oilseeds Market
10.3.6.5.1 South Korea Oilseeds Market by Type
10.3.6.5.2 South Korea Oilseeds Market by Category
10.3.6.5.3 South Korea Oilseeds Market by Application
10.3.6.6 Rest of Asia-Pacific Oilseeds Market
10.3.6.6.1 Rest of Asia-Pacific Oilseeds Market by Type
10.3.6.6.2 Rest of Asia-Pacific Oilseeds Market by Category
10.3.6.6.3 Rest of Asia-Pacific Oilseeds Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Oilseeds Market Overview
10.4.2 Middle East and Africa Oilseeds Market Forecasts and Analysis
10.4.3 Middle East and Africa Oilseeds Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Oilseeds Market Forecasts and Analysis - By Category
10.4.5 Middle East and Africa Oilseeds Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Oilseeds Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Oilseeds Market
10.4.6.1.1 South Africa Oilseeds Market by Type
10.4.6.1.2 South Africa Oilseeds Market by Category
10.4.6.1.3 South Africa Oilseeds Market by Application
10.4.6.2 Saudi Arabia Oilseeds Market
10.4.6.2.1 Saudi Arabia Oilseeds Market by Type
10.4.6.2.2 Saudi Arabia Oilseeds Market by Category
10.4.6.2.3 Saudi Arabia Oilseeds Market by Application
10.4.6.3 U.A.E Oilseeds Market
10.4.6.3.1 U.A.E Oilseeds Market by Type
10.4.6.3.2 U.A.E Oilseeds Market by Category
10.4.6.3.3 U.A.E Oilseeds Market by Application
10.4.6.4 Rest of Middle East and Africa Oilseeds Market
10.4.6.4.1 Rest of Middle East and Africa Oilseeds Market by Type
10.4.6.4.2 Rest of Middle East and Africa Oilseeds Market by Category
10.4.6.4.3 Rest of Middle East and Africa Oilseeds Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Oilseeds Market Overview
10.5.2 South and Central America Oilseeds Market Forecasts and Analysis
10.5.3 South and Central America Oilseeds Market Forecasts and Analysis - By Type
10.5.4 South and Central America Oilseeds Market Forecasts and Analysis - By Category
10.5.5 South and Central America Oilseeds Market Forecasts and Analysis - By Application
10.5.6 South and Central America Oilseeds Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Oilseeds Market
10.5.6.1.1 Brazil Oilseeds Market by Type
10.5.6.1.2 Brazil Oilseeds Market by Category
10.5.6.1.3 Brazil Oilseeds Market by Application
10.5.6.2 Argentina Oilseeds Market
10.5.6.2.1 Argentina Oilseeds Market by Type
10.5.6.2.2 Argentina Oilseeds Market by Category
10.5.6.2.3 Argentina Oilseeds Market by Application
10.5.6.3 Rest of South and Central America Oilseeds Market
10.5.6.3.1 Rest of South and Central America Oilseeds Market by Type
10.5.6.3.2 Rest of South and Central America Oilseeds Market by Category
10.5.6.3.3 Rest of South and Central America Oilseeds 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. OILSEEDS MARKET, KEY COMPANY PROFILES
12.1. AGT FOOD AND INGREDIENTS INC.
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. BUNGE LIMITED
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. CARGILL, INCORPORATED
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. CHS INC.
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. COOTAMUNDRA OILSEEDS PTY LTD
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. LOUIS DREYFUS COMPANY 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. OILSEEDS INTERNATIONAL 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. THE ARCHER DANIELS MIDLAND 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. THE BüHLER HOLDING AG
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. WILMAR INTERNATIONAL LIMITED
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. AGT Food and Ingredients Inc.
2. Bunge Limited
3. Cargill, Incorporated
4. CHS Inc.
5. Cootamundra Oilseeds Pty Ltd
6. Louis Dreyfus Company B.V.
7. Oilseeds International Ltd
8. The Archer Daniels Midland Company
9. The Bühler Holding AG
10. Wilmar International Limited
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.