Pectin Market Size, Growth, and Share by 2031
The pectin market is expected to register a CAGR of 5% during 2023–2031. is likely to remain key market trend.
Pectin Market Analysis:
- Pectin is used widely in food industry as the thickening and gelling agent. It is used to thicken the texture and keep the stability of jams, jellies, preserves, flavored milk, drinkable yogurt, fillings, fruit juice and many more products.
- Pectin is a rich source of soluble dietary fiber which adds nutritional value to food and drinks by contributing to daily fiber requirements and enhancing gut health.
- Pectin acts as an excellent stabilizer in food and beverage formulae. It helps maintain the consistency, texture and shelf life of products.
- Thus, the benefits of pectin in food and beverage formulations is driving the market growth.
Pectin Market Overview
- The most important application of pectin is in the food industry, where it is used to give body, gelling and emulsifying properties to products. It adds substance and stability to things such as jams, jellies, preserves, flavored milk and fruit juices.
- Jams and preserves account for significant global pectin consumption, the remaining going into drinkable yogurt and spoonable varieties.
- Citrus peel and apple pomace are the main raw materials for the production of pectin, and citrus peel accounts for the significant market share, due to its higher pectin content.
- The key drivers of pectin market include the increasing intake of ready-to-eat food, the growing health awareness and the multifunctionality of pectin.
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Pectin Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Pectin Market: Strategic Insights
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Pectin Market Drivers and Opportunities
Rising Demand for Pectin Due to Increasing Awareness of its Benefits in Food and Beverage, Personal Care, and Pharmaceuticals Applications
- Pectin is a polysaccharide that is increasingly recognized and utilized in different industries like food and beverage, personal care and pharmaceuticals industries.
- It imparts an appealing texture to jams, jellies, preserves, bakery goods, dairy products, meat products and beverages, by increasing the viscosity, stabilizing the products and enhancing their texture.
- The increasing demand for natural and clean-label ingredients in food and beverage industry is driving the pectin market growth.
- Pectin is widely used in the pharmaceutical sector for its potential application in health food products and functional foods due to its health benefits. It is utilized as a binding agent in drug formulations and as an excipient in pharmaceutical products. The use of pectin as a pharmaceutical agent is widely favored as a good gelling agent and emulsion stabilizer, owing to its biocompatible nature.
- In cosmetics and personal care products, pectin is widely used as stabilizer and thickening agent.
- Thus, applications of pectin in various industries is driving the market growth.
Opportunities
Rising Demand for Natural Ingredients is Providing Immense Opportunities for the Pectin Market Growth
- The increasing demand for naturally derived ingredients is providing huge opportunities for the growth of the pectin market. The side effects of artificial or synthetic ingredients and processed food on consumers are increasingly well-known, which is prompting consumers to shift towards cleaner, more organic and natural ingredients for their food and beverage formulations.
- This shift in demand for natural and clean-label ingredients has been an important drivers of pectin demand in the market.
Pectin Market Segmentation
The scope of the global pectin market has been segmented on the based-on type and application.
- Based on type, the pectin market is divided into high methoxyl pectin and low methoxyl pectin.
- Based on application, the market is segmented into food and beverage, pharmaceuticals and nutraceuticals, personal care, and others.
Pectin Market Share Analysis by Geography
- Pectin Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering pectin market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the pectin market in these regions.
Pectin Market Report Scope
Pectin Market News and Recent Developments:
The pectin market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- Tate & Lyle has announced plans to acquire the hydrocolloid and pectin supplier, CP Kelo, in a deal worth $1.8 billion. On 20 June, London-headquartered Tate & Lyle announced plans to acquire the entire issued share capital of CP Kelco US, CP Kelco China, and CP Kelco ApS together with each of their respective subsidiaries for a total of $1.8 billion (around £1.4 billion) on a cash-free, debt-free basis. (Source: Tate & Lyle, Newsletter, June 2024)
- Cargill is launching a range of LM conventional (LMC) pectins that deliver a novel texture for fruit-filled food products marketed with “organic” or conventional claims. Pectin is a soluble fiber derived from fruits. (Source – Cargill Incorporated, Newsletter, Sept 2023)
Pectin Market Report Coverage and Deliverables
The “Pectin Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:
- Pectin market size and forecast at global, regional and country levels for all the key market segments covered under the scope.
- Pectin market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Pectin market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the pectin market.
- Detailed company profiles
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.
Frequently Asked Questions
Increasing demand for clean-label and 100% natural food additives likely to remain the key trends in the market.
The global pectin market is estimated to grow above 5% during the forecast period 2023-2031.
CP Kelco Inc, Dupont, Cargill Incorporated, Ingredion, Tate & Lyle, DSM, B&V Srl, Silvateam Spa, International Flavors & Fragrances Inc, and Lucid Colloids Ltd are among the leading players operating in the pectin market.
The growth of the global food & beverages industry along with rising demand for natural food additives are driving the pectin market growth.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
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 Pectin Market - By Type
1.3.2 Pectin Market - By Raw Material
1.3.3 Pectin Market - By Application
1.3.4 Pectin Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. PECTIN 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. PECTIN 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. PECTIN MARKET - GLOBAL MARKET ANALYSIS
6.1. PECTIN - GLOBAL MARKET OVERVIEW
6.2. PECTIN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PECTIN MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. HM PECTIN
7.3.1. Overview
7.3.2. HM Pectin Market Forecast and Analysis
7.4. LM PECTIN
7.4.1. Overview
7.4.2. LM Pectin Market Forecast and Analysis
8. PECTIN MARKET - REVENUE AND FORECASTS TO 2028 - RAW MATERIAL
8.1. OVERVIEW
8.2. RAW MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. CITRUS FRUITS
8.3.1. Overview
8.3.2. Citrus fruits Market Forecast and Analysis
8.4. APPLES
8.4.1. Overview
8.4.2. Apples Market Forecast and Analysis
8.5. SUGAR BEET
8.5.1. Overview
8.5.2. Sugar beet Market Forecast and Analysis
9. PECTIN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. FOOD AND BEVERAGES
9.3.1. Overview
9.3.2. Food and beverages Market Forecast and Analysis
9.4. PHARMACEUTICAL AND PERSONAL CARE PRODUCTS
9.4.1. Overview
9.4.2. Pharmaceutical and Personal Care Products Market Forecast and Analysis
9.5. INDUSTRIAL APPLICATIONS
9.5.1. Overview
9.5.2. Industrial Applications Market Forecast and Analysis
10. PECTIN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Pectin Market Overview
10.1.2 North America Pectin Market Forecasts and Analysis
10.1.3 North America Pectin Market Forecasts and Analysis - By Type
10.1.4 North America Pectin Market Forecasts and Analysis - By Raw Material
10.1.5 North America Pectin Market Forecasts and Analysis - By Application
10.1.6 North America Pectin Market Forecasts and Analysis - By Countries
10.1.6.1 United States Pectin Market
10.1.6.1.1 United States Pectin Market by Type
10.1.6.1.2 United States Pectin Market by Raw Material
10.1.6.1.3 United States Pectin Market by Application
10.1.6.2 Canada Pectin Market
10.1.6.2.1 Canada Pectin Market by Type
10.1.6.2.2 Canada Pectin Market by Raw Material
10.1.6.2.3 Canada Pectin Market by Application
10.1.6.3 Mexico Pectin Market
10.1.6.3.1 Mexico Pectin Market by Type
10.1.6.3.2 Mexico Pectin Market by Raw Material
10.1.6.3.3 Mexico Pectin Market by Application
10.2. EUROPE
10.2.1 Europe Pectin Market Overview
10.2.2 Europe Pectin Market Forecasts and Analysis
10.2.3 Europe Pectin Market Forecasts and Analysis - By Type
10.2.4 Europe Pectin Market Forecasts and Analysis - By Raw Material
10.2.5 Europe Pectin Market Forecasts and Analysis - By Application
10.2.6 Europe Pectin Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Pectin Market
10.2.6.1.1 Germany Pectin Market by Type
10.2.6.1.2 Germany Pectin Market by Raw Material
10.2.6.1.3 Germany Pectin Market by Application
10.2.6.2 France Pectin Market
10.2.6.2.1 France Pectin Market by Type
10.2.6.2.2 France Pectin Market by Raw Material
10.2.6.2.3 France Pectin Market by Application
10.2.6.3 Italy Pectin Market
10.2.6.3.1 Italy Pectin Market by Type
10.2.6.3.2 Italy Pectin Market by Raw Material
10.2.6.3.3 Italy Pectin Market by Application
10.2.6.4 United Kingdom Pectin Market
10.2.6.4.1 United Kingdom Pectin Market by Type
10.2.6.4.2 United Kingdom Pectin Market by Raw Material
10.2.6.4.3 United Kingdom Pectin Market by Application
10.2.6.5 Russia Pectin Market
10.2.6.5.1 Russia Pectin Market by Type
10.2.6.5.2 Russia Pectin Market by Raw Material
10.2.6.5.3 Russia Pectin Market by Application
10.2.6.6 Rest of Europe Pectin Market
10.2.6.6.1 Rest of Europe Pectin Market by Type
10.2.6.6.2 Rest of Europe Pectin Market by Raw Material
10.2.6.6.3 Rest of Europe Pectin Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Pectin Market Overview
10.3.2 Asia-Pacific Pectin Market Forecasts and Analysis
10.3.3 Asia-Pacific Pectin Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Pectin Market Forecasts and Analysis - By Raw Material
10.3.5 Asia-Pacific Pectin Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Pectin Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Pectin Market
10.3.6.1.1 Australia Pectin Market by Type
10.3.6.1.2 Australia Pectin Market by Raw Material
10.3.6.1.3 Australia Pectin Market by Application
10.3.6.2 China Pectin Market
10.3.6.2.1 China Pectin Market by Type
10.3.6.2.2 China Pectin Market by Raw Material
10.3.6.2.3 China Pectin Market by Application
10.3.6.3 India Pectin Market
10.3.6.3.1 India Pectin Market by Type
10.3.6.3.2 India Pectin Market by Raw Material
10.3.6.3.3 India Pectin Market by Application
10.3.6.4 Japan Pectin Market
10.3.6.4.1 Japan Pectin Market by Type
10.3.6.4.2 Japan Pectin Market by Raw Material
10.3.6.4.3 Japan Pectin Market by Application
10.3.6.5 South Korea Pectin Market
10.3.6.5.1 South Korea Pectin Market by Type
10.3.6.5.2 South Korea Pectin Market by Raw Material
10.3.6.5.3 South Korea Pectin Market by Application
10.3.6.6 Rest of Asia-Pacific Pectin Market
10.3.6.6.1 Rest of Asia-Pacific Pectin Market by Type
10.3.6.6.2 Rest of Asia-Pacific Pectin Market by Raw Material
10.3.6.6.3 Rest of Asia-Pacific Pectin Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Pectin Market Overview
10.4.2 Middle East and Africa Pectin Market Forecasts and Analysis
10.4.3 Middle East and Africa Pectin Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Pectin Market Forecasts and Analysis - By Raw Material
10.4.5 Middle East and Africa Pectin Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Pectin Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Pectin Market
10.4.6.1.1 South Africa Pectin Market by Type
10.4.6.1.2 South Africa Pectin Market by Raw Material
10.4.6.1.3 South Africa Pectin Market by Application
10.4.6.2 Saudi Arabia Pectin Market
10.4.6.2.1 Saudi Arabia Pectin Market by Type
10.4.6.2.2 Saudi Arabia Pectin Market by Raw Material
10.4.6.2.3 Saudi Arabia Pectin Market by Application
10.4.6.3 U.A.E Pectin Market
10.4.6.3.1 U.A.E Pectin Market by Type
10.4.6.3.2 U.A.E Pectin Market by Raw Material
10.4.6.3.3 U.A.E Pectin Market by Application
10.4.6.4 Rest of Middle East and Africa Pectin Market
10.4.6.4.1 Rest of Middle East and Africa Pectin Market by Type
10.4.6.4.2 Rest of Middle East and Africa Pectin Market by Raw Material
10.4.6.4.3 Rest of Middle East and Africa Pectin Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Pectin Market Overview
10.5.2 South and Central America Pectin Market Forecasts and Analysis
10.5.3 South and Central America Pectin Market Forecasts and Analysis - By Type
10.5.4 South and Central America Pectin Market Forecasts and Analysis - By Raw Material
10.5.5 South and Central America Pectin Market Forecasts and Analysis - By Application
10.5.6 South and Central America Pectin Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Pectin Market
10.5.6.1.1 Brazil Pectin Market by Type
10.5.6.1.2 Brazil Pectin Market by Raw Material
10.5.6.1.3 Brazil Pectin Market by Application
10.5.6.2 Argentina Pectin Market
10.5.6.2.1 Argentina Pectin Market by Type
10.5.6.2.2 Argentina Pectin Market by Raw Material
10.5.6.2.3 Argentina Pectin Market by Application
10.5.6.3 Rest of South and Central America Pectin Market
10.5.6.3.1 Rest of South and Central America Pectin Market by Type
10.5.6.3.2 Rest of South and Central America Pectin Market by Raw Material
10.5.6.3.3 Rest of South and Central America Pectin 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. PECTIN MARKET, KEY COMPANY PROFILES
12.1. CARGILL
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. CEAMSA
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. CP KELCO
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. DOWDUPONT
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. DSM
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. HERBSTREITH AND FOX GMBH AND CO
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. INGREDION INCORPORATED
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. NATUREX
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. SILVATEAM S.P.A.
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. TATE AND LYLE PLC
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. Cargill
2. CEAMSA
3. CP Kelco
4. DowDupont
5. DSM
6. Herbstreith and Fox GmbH and Co
7. Ingredion Incorporated
8. Naturex
9. Silvateam S.P.A.
10. Tate and Lyle PLC
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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