Pesticides Market Updates by 2031
Pesticides are chemical or biological agents which are introduced to control or destroy the growth of pests and other unwanted species that are harmful to crop growth. They are applied before as well as after harvest operations to protect crops from deterioration during storage and transportation. Also, some pesticides help in enhancing farm yield by preventing thinning and premature falling of fruits and regulate the overall growth of plants.
MARKET DYNAMICS
The pesticides market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of biopesticides and demand for crop protection by farmers. Stringent regulations associated with the harmful impacts of product use in the environment are expected to hinder the market growth. Nonetheless, increasing adoption of biopesticides and rising shift towards their usage offers growth opportunity for the pesticides market.
MARKET SCOPE
The "Global Pesticides Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of pesticides market with detailed market segmentation by type, product type, formulation, application and geography. The global pesticides market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pesticides market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pesticides market is segmented on the basis of type, product type, formulation and application. Based on type, the market is segmented as synthetic and biological. By product type, the market is segmented as herbicides, fungicides, insecticides and others. On the basis of the formulation, the market is segmented as dry and liquid. The market on the basis of the application, is classified as cereal, fruit, plantation crop, vegetable and others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global pesticides 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 & Central America. The pesticides 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 pesticides 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 & Central America after evaluating political, economic, social and technological factors affecting the pesticides market in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global pesticides 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 & Central America. The pesticides 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 pesticides 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 & Central America after evaluating political, economic, social and technological factors affecting the pesticides market in these regions.
MARKET PLAYERSThe reports cover key developments in the pesticides 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 the way for the expansion of business and customer base of market players. The market payers from pesticides market are anticipated to lucrative growth opportunities in the future with the rising demand for pesticides in the global market. Below mentioned is the list of few companies engaged in the pesticides market.
The report also includes the profiles of key pesticides companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ADAMA Ltd.
- AMVAC Chemical Corporation.
- BASF SE
- Bayer AG
- China National Chemical Corporation Ltd.
- DowDuPont
- FMC Corporation
- Nufarm Limited
- Sumitomo Chemical Co., Ltd.
- Syngenta AG
- 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 Pesticides Market - By Type
1.3.2 Pesticides Market - By Product Type
1.3.3 Pesticides Market - By Formulation
1.3.4 Pesticides Market - By Application
1.3.5 Pesticides Market - By Region
1.3.5.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. PESTICIDES 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. PESTICIDES 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. PESTICIDES MARKET - GLOBAL MARKET ANALYSIS
6.1. PESTICIDES - GLOBAL MARKET OVERVIEW
6.2. PESTICIDES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PESTICIDES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SYNTHETIC
7.3.1. Overview
7.3.2. Synthetic Market Forecast and Analysis
7.4. BIOLOGICAL
7.4.1. Overview
7.4.2. Biological Market Forecast and Analysis
8. PESTICIDES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
8.1. OVERVIEW
8.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3. HERBICIDES
8.3.1. Overview
8.3.2. Herbicides Market Forecast and Analysis
8.4. FUNGICIDES
8.4.1. Overview
8.4.2. Fungicides Market Forecast and Analysis
8.5. INSECTICIDES
8.5.1. Overview
8.5.2. Insecticides Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. PESTICIDES MARKET - REVENUE AND FORECASTS TO 2028 - FORMULATION
9.1. OVERVIEW
9.2. FORMULATION MARKET FORECASTS AND ANALYSIS
9.3. DRY
9.3.1. Overview
9.3.2. Dry Market Forecast and Analysis
9.4. LIQUID
9.4.1. Overview
9.4.2. Liquid Market Forecast and Analysis
10. PESTICIDES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. CEREAL
10.3.1. Overview
10.3.2. Cereal Market Forecast and Analysis
10.4. FRUIT
10.4.1. Overview
10.4.2. Fruit Market Forecast and Analysis
10.5. PLANTATION CROP
10.5.1. Overview
10.5.2. Plantation Crop Market Forecast and Analysis
10.6. VEGETABLE
10.6.1. Overview
10.6.2. Vegetable Market Forecast and Analysis
10.7. OTHERS
10.7.1. Overview
10.7.2. Others Market Forecast and Analysis
11. PESTICIDES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Pesticides Market Overview
11.1.2 North America Pesticides Market Forecasts and Analysis
11.1.3 North America Pesticides Market Forecasts and Analysis - By Type
11.1.4 North America Pesticides Market Forecasts and Analysis - By Product Type
11.1.5 North America Pesticides Market Forecasts and Analysis - By Formulation
11.1.6 North America Pesticides Market Forecasts and Analysis - By Application
11.1.7 North America Pesticides Market Forecasts and Analysis - By Countries
11.1.7.1 United States Pesticides Market
11.1.7.1.1 United States Pesticides Market by Type
11.1.7.1.2 United States Pesticides Market by Product Type
11.1.7.1.3 United States Pesticides Market by Formulation
11.1.7.1.4 United States Pesticides Market by Application
11.1.7.2 Canada Pesticides Market
11.1.7.2.1 Canada Pesticides Market by Type
11.1.7.2.2 Canada Pesticides Market by Product Type
11.1.7.2.3 Canada Pesticides Market by Formulation
11.1.7.2.4 Canada Pesticides Market by Application
11.1.7.3 Mexico Pesticides Market
11.1.7.3.1 Mexico Pesticides Market by Type
11.1.7.3.2 Mexico Pesticides Market by Product Type
11.1.7.3.3 Mexico Pesticides Market by Formulation
11.1.7.3.4 Mexico Pesticides Market by Application
11.2. EUROPE
11.2.1 Europe Pesticides Market Overview
11.2.2 Europe Pesticides Market Forecasts and Analysis
11.2.3 Europe Pesticides Market Forecasts and Analysis - By Type
11.2.4 Europe Pesticides Market Forecasts and Analysis - By Product Type
11.2.5 Europe Pesticides Market Forecasts and Analysis - By Formulation
11.2.6 Europe Pesticides Market Forecasts and Analysis - By Application
11.2.7 Europe Pesticides Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Pesticides Market
11.2.7.1.1 Germany Pesticides Market by Type
11.2.7.1.2 Germany Pesticides Market by Product Type
11.2.7.1.3 Germany Pesticides Market by Formulation
11.2.7.1.4 Germany Pesticides Market by Application
11.2.7.2 France Pesticides Market
11.2.7.2.1 France Pesticides Market by Type
11.2.7.2.2 France Pesticides Market by Product Type
11.2.7.2.3 France Pesticides Market by Formulation
11.2.7.2.4 France Pesticides Market by Application
11.2.7.3 Italy Pesticides Market
11.2.7.3.1 Italy Pesticides Market by Type
11.2.7.3.2 Italy Pesticides Market by Product Type
11.2.7.3.3 Italy Pesticides Market by Formulation
11.2.7.3.4 Italy Pesticides Market by Application
11.2.7.4 United Kingdom Pesticides Market
11.2.7.4.1 United Kingdom Pesticides Market by Type
11.2.7.4.2 United Kingdom Pesticides Market by Product Type
11.2.7.4.3 United Kingdom Pesticides Market by Formulation
11.2.7.4.4 United Kingdom Pesticides Market by Application
11.2.7.5 Russia Pesticides Market
11.2.7.5.1 Russia Pesticides Market by Type
11.2.7.5.2 Russia Pesticides Market by Product Type
11.2.7.5.3 Russia Pesticides Market by Formulation
11.2.7.5.4 Russia Pesticides Market by Application
11.2.7.6 Rest of Europe Pesticides Market
11.2.7.6.1 Rest of Europe Pesticides Market by Type
11.2.7.6.2 Rest of Europe Pesticides Market by Product Type
11.2.7.6.3 Rest of Europe Pesticides Market by Formulation
11.2.7.6.4 Rest of Europe Pesticides Market by Application
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Pesticides Market Overview
11.3.2 Asia-Pacific Pesticides Market Forecasts and Analysis
11.3.3 Asia-Pacific Pesticides Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Pesticides Market Forecasts and Analysis - By Product Type
11.3.5 Asia-Pacific Pesticides Market Forecasts and Analysis - By Formulation
11.3.6 Asia-Pacific Pesticides Market Forecasts and Analysis - By Application
11.3.7 Asia-Pacific Pesticides Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Pesticides Market
11.3.7.1.1 Australia Pesticides Market by Type
11.3.7.1.2 Australia Pesticides Market by Product Type
11.3.7.1.3 Australia Pesticides Market by Formulation
11.3.7.1.4 Australia Pesticides Market by Application
11.3.7.2 China Pesticides Market
11.3.7.2.1 China Pesticides Market by Type
11.3.7.2.2 China Pesticides Market by Product Type
11.3.7.2.3 China Pesticides Market by Formulation
11.3.7.2.4 China Pesticides Market by Application
11.3.7.3 India Pesticides Market
11.3.7.3.1 India Pesticides Market by Type
11.3.7.3.2 India Pesticides Market by Product Type
11.3.7.3.3 India Pesticides Market by Formulation
11.3.7.3.4 India Pesticides Market by Application
11.3.7.4 Japan Pesticides Market
11.3.7.4.1 Japan Pesticides Market by Type
11.3.7.4.2 Japan Pesticides Market by Product Type
11.3.7.4.3 Japan Pesticides Market by Formulation
11.3.7.4.4 Japan Pesticides Market by Application
11.3.7.5 South Korea Pesticides Market
11.3.7.5.1 South Korea Pesticides Market by Type
11.3.7.5.2 South Korea Pesticides Market by Product Type
11.3.7.5.3 South Korea Pesticides Market by Formulation
11.3.7.5.4 South Korea Pesticides Market by Application
11.3.7.6 Rest of Asia-Pacific Pesticides Market
11.3.7.6.1 Rest of Asia-Pacific Pesticides Market by Type
11.3.7.6.2 Rest of Asia-Pacific Pesticides Market by Product Type
11.3.7.6.3 Rest of Asia-Pacific Pesticides Market by Formulation
11.3.7.6.4 Rest of Asia-Pacific Pesticides Market by Application
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Pesticides Market Overview
11.4.2 Middle East and Africa Pesticides Market Forecasts and Analysis
11.4.3 Middle East and Africa Pesticides Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Pesticides Market Forecasts and Analysis - By Product Type
11.4.5 Middle East and Africa Pesticides Market Forecasts and Analysis - By Formulation
11.4.6 Middle East and Africa Pesticides Market Forecasts and Analysis - By Application
11.4.7 Middle East and Africa Pesticides Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Pesticides Market
11.4.7.1.1 South Africa Pesticides Market by Type
11.4.7.1.2 South Africa Pesticides Market by Product Type
11.4.7.1.3 South Africa Pesticides Market by Formulation
11.4.7.1.4 South Africa Pesticides Market by Application
11.4.7.2 Saudi Arabia Pesticides Market
11.4.7.2.1 Saudi Arabia Pesticides Market by Type
11.4.7.2.2 Saudi Arabia Pesticides Market by Product Type
11.4.7.2.3 Saudi Arabia Pesticides Market by Formulation
11.4.7.2.4 Saudi Arabia Pesticides Market by Application
11.4.7.3 U.A.E Pesticides Market
11.4.7.3.1 U.A.E Pesticides Market by Type
11.4.7.3.2 U.A.E Pesticides Market by Product Type
11.4.7.3.3 U.A.E Pesticides Market by Formulation
11.4.7.3.4 U.A.E Pesticides Market by Application
11.4.7.4 Rest of Middle East and Africa Pesticides Market
11.4.7.4.1 Rest of Middle East and Africa Pesticides Market by Type
11.4.7.4.2 Rest of Middle East and Africa Pesticides Market by Product Type
11.4.7.4.3 Rest of Middle East and Africa Pesticides Market by Formulation
11.4.7.4.4 Rest of Middle East and Africa Pesticides Market by Application
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Pesticides Market Overview
11.5.2 South and Central America Pesticides Market Forecasts and Analysis
11.5.3 South and Central America Pesticides Market Forecasts and Analysis - By Type
11.5.4 South and Central America Pesticides Market Forecasts and Analysis - By Product Type
11.5.5 South and Central America Pesticides Market Forecasts and Analysis - By Formulation
11.5.6 South and Central America Pesticides Market Forecasts and Analysis - By Application
11.5.7 South and Central America Pesticides Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Pesticides Market
11.5.7.1.1 Brazil Pesticides Market by Type
11.5.7.1.2 Brazil Pesticides Market by Product Type
11.5.7.1.3 Brazil Pesticides Market by Formulation
11.5.7.1.4 Brazil Pesticides Market by Application
11.5.7.2 Argentina Pesticides Market
11.5.7.2.1 Argentina Pesticides Market by Type
11.5.7.2.2 Argentina Pesticides Market by Product Type
11.5.7.2.3 Argentina Pesticides Market by Formulation
11.5.7.2.4 Argentina Pesticides Market by Application
11.5.7.3 Rest of South and Central America Pesticides Market
11.5.7.3.1 Rest of South and Central America Pesticides Market by Type
11.5.7.3.2 Rest of South and Central America Pesticides Market by Product Type
11.5.7.3.3 Rest of South and Central America Pesticides Market by Formulation
11.5.7.3.4 Rest of South and Central America Pesticides Market by Application
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. PESTICIDES MARKET, KEY COMPANY PROFILES
13.1. ADAMA LTD.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. AMVAC CHEMICAL CORPORATION.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. BASF SE
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. BAYER AG
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. CHINA NATIONAL CHEMICAL CORPORATION LTD.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. DOWDUPONT
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. FMC CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. NUFARM LIMITED
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SUMITOMO CHEMICAL CO., LTD.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SYNGENTA AG
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. ADAMA Ltd.
2. AMVAC Chemical Corporation.
3. BASF SE
4. Bayer AG
5. China National Chemical Corporation Ltd.
6. DowDuPont
7. FMC Corporation
8. Nufarm Limited
9. Sumitomo Chemical Co., Ltd.
10. Syngenta AG
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.
Get Free Sample For