Potato Fiber Market Strategies and Share 2031
The potato fiber market is expected to register a CAGR of 4% during 2023–2031. The rising demand for organic potato fiber is likely to remain a key trend in the market.
Potato Fiber Market Analysis
- Rising demand for functional food ingredients, such as dietary fibers like potato fiber, in various food and beverage products is contributing to the growth of the potato fiber market globally.
- The demand for potato fiber is also driven by the addition of healthy food ingredients in a variety of products, such as baked goods, baby food, meat products, and health food products.
- Moreover, the increasing demand for natural fibers, along with growing awareness of the health benefits of potato fiber, is driving the growth of the potato fiber market.
Potato Fiber Market Overview
- Potato fiber is a dietary fiber derived from potatoes, which is a type of carbohydrate.
- It is a crucial component of the potato that contributes to its nutritional value.
- Potato fiber offers various advantages, making it a valuable component in dietary supplements, bakery and confectionery, meat-based products, savory snacks, soups pastas and noodles, and other food products.
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.
Potato Fiber 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.
Speak to Analyst
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.
Potato Fiber 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.
Speak to Analyst
Potato Fiber Market Drivers and Opportunities
Rising Demand for Functional Food Ingredients
- In various countries across the globe, there has been a rise in demand for functional food ingredients in the food and beverage industry. This has significantly contributed to the growth of the potato fiber market.
- Moreover, rising consumer preferences for healthier and sustainable food options have driven the demand for potato fiber.
- Also, the increasing consumer demand for clean-label products is also expected to contribute to the growth of the potato fiber market.
Increasing Use of Potato Fiber from Animal Nutrition Products
- Potato fiber is considered a potential novel fiber source in dog food, containing significant levels of total dietary fiber.
- Also, potato fiber is characterized by its high nutritional value and is known to enhance the milk protein content in cattle.
- They are known for their high energy/starch supply, making them a valuable component in animal feed products.
- Thus, the increasing use of potato fiber in animal nutrition products is expected to offer more lucrative opportunities for market growth.
Potato Fiber Market Report Segmentation Analysis
Key segments that contributed to the derivation of the potato fiber market analysis are category and application.
- Based on category, the potato fiber market is divided into organic and conventional.
- On the basis of application, the market is segmented into food and beverages and animal nutrition. The food and beverage segment is further sub-segmented into bakery and confectionery, meat-based products, savory snacks, soups pastas and noodles, and others.
Potato Fiber Market Share Analysis by Geography
- Potato Fiber 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 potato fiber 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 potato fiber market in these regions.
Potato Fiber Market Report Scope
Potato Fiber Market News and Recent Developments
The potato fiber market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the potato fiber market are listed below:
- This week, AGRANA is launching the processing of potato fibers at its potato starch mill in Gmünd, Austria, to produce a product high in dietary fiber yet low in calories. (AGRANA Beteiligungs-AG/ Company Website/ News/ 2021)
- Ingredion has introduced a new clean-label potato fiber to its portfolio in order to bring increased functionality, quality, and potential cost savings to manufacturers of bakery, savory, and meat products. (Potato Business/ Company Website/ News/November 2021)
Potato Fiber Market Report Coverage and Deliverables
The “Potato Fiber Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Potato fiber market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Potato fiber market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter’s Five Forces and SWOT analysis
- Potato fiber 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 in the potato fiber 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
The global potato fiber market is expected to grow at a CAGR of 4% during the forecast period 2023 - 2031.
The rising demand for functional food ingredients is one of the major factors driving the potato fiber market.
The rising demand for organic potato fiber is likely to remain a key trend in the market.
The leading players operating in the potato fiber market are J. RETTENMAIER and SÖHNE GmbH + Co KG, Roquette Frères, Ingredion, CFF GmbH and Co. KG, Provil S.A., AGRANA Beteiligungs-AG, AVEBE, Emsland Group, Sveriges Stärkelseproducenter, and The Scoular Company.
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
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 Potato Fiber Market - By Type
1.3.2 Potato Fiber Market - By Nature
1.3.3 Potato Fiber Market - By End Use
1.3.4 Potato Fiber Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. POTATO FIBER 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. POTATO FIBER 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. POTATO FIBER MARKET - GLOBAL MARKET ANALYSIS
6.1. POTATO FIBER - GLOBAL MARKET OVERVIEW
6.2. POTATO FIBER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POTATO FIBER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SOLUBLE FIBER
7.3.1. Overview
7.3.2. Soluble Fiber Market Forecast and Analysis
7.4. INSOLUBLE FIBER
7.4.1. Overview
7.4.2. Insoluble Fiber Market Forecast and Analysis
8. POTATO FIBER MARKET - REVENUE AND FORECASTS TO 2028 - NATURE
8.1. OVERVIEW
8.2. NATURE MARKET FORECASTS AND ANALYSIS
8.3. ORGANIC
8.3.1. Overview
8.3.2. Organic Market Forecast and Analysis
8.4. CONVENTIONAL
8.4.1. Overview
8.4.2. Conventional Market Forecast and Analysis
9. POTATO FIBER MARKET - REVENUE AND FORECASTS TO 2028 - END USE
9.1. OVERVIEW
9.2. END USE MARKET FORECASTS AND ANALYSIS
9.3. FOOD
9.3.1. Overview
9.3.2. Food Market Forecast and Analysis
9.3.3. Bakery Products Market
9.3.3.1. Overview
9.3.3.2. Bakery Products Market Forecast and Analysis
9.3.4. Meat Products Market
9.3.4.1. Overview
9.3.4.2. Meat Products Market Forecast and Analysis
9.3.5. Beverage Market
9.3.5.1. Overview
9.3.5.2. Beverage Market Forecast and Analysis
9.3.6. Desserts Market
9.3.6.1. Overview
9.3.6.2. Desserts Market Forecast and Analysis
9.3.7. Savory Products Market
9.3.7.1. Overview
9.3.7.2. Savory Products Market Forecast and Analysis
9.3.8. Others Market
9.3.8.1. Overview
9.3.8.2. Others Market Forecast and Analysis
9.4. FEED
9.4.1. Overview
9.4.2. Feed Market Forecast and Analysis
10. POTATO FIBER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Potato Fiber Market Overview
10.1.2 North America Potato Fiber Market Forecasts and Analysis
10.1.3 North America Potato Fiber Market Forecasts and Analysis - By Type
10.1.4 North America Potato Fiber Market Forecasts and Analysis - By Nature
10.1.5 North America Potato Fiber Market Forecasts and Analysis - By End Use
10.1.6 North America Potato Fiber Market Forecasts and Analysis - By Countries
10.1.6.1 United States Potato Fiber Market
10.1.6.1.1 United States Potato Fiber Market by Type
10.1.6.1.2 United States Potato Fiber Market by Nature
10.1.6.1.3 United States Potato Fiber Market by End Use
10.1.6.2 Canada Potato Fiber Market
10.1.6.2.1 Canada Potato Fiber Market by Type
10.1.6.2.2 Canada Potato Fiber Market by Nature
10.1.6.2.3 Canada Potato Fiber Market by End Use
10.1.6.3 Mexico Potato Fiber Market
10.1.6.3.1 Mexico Potato Fiber Market by Type
10.1.6.3.2 Mexico Potato Fiber Market by Nature
10.1.6.3.3 Mexico Potato Fiber Market by End Use
10.2. EUROPE
10.2.1 Europe Potato Fiber Market Overview
10.2.2 Europe Potato Fiber Market Forecasts and Analysis
10.2.3 Europe Potato Fiber Market Forecasts and Analysis - By Type
10.2.4 Europe Potato Fiber Market Forecasts and Analysis - By Nature
10.2.5 Europe Potato Fiber Market Forecasts and Analysis - By End Use
10.2.6 Europe Potato Fiber Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Potato Fiber Market
10.2.6.1.1 Germany Potato Fiber Market by Type
10.2.6.1.2 Germany Potato Fiber Market by Nature
10.2.6.1.3 Germany Potato Fiber Market by End Use
10.2.6.2 France Potato Fiber Market
10.2.6.2.1 France Potato Fiber Market by Type
10.2.6.2.2 France Potato Fiber Market by Nature
10.2.6.2.3 France Potato Fiber Market by End Use
10.2.6.3 Italy Potato Fiber Market
10.2.6.3.1 Italy Potato Fiber Market by Type
10.2.6.3.2 Italy Potato Fiber Market by Nature
10.2.6.3.3 Italy Potato Fiber Market by End Use
10.2.6.4 United Kingdom Potato Fiber Market
10.2.6.4.1 United Kingdom Potato Fiber Market by Type
10.2.6.4.2 United Kingdom Potato Fiber Market by Nature
10.2.6.4.3 United Kingdom Potato Fiber Market by End Use
10.2.6.5 Russia Potato Fiber Market
10.2.6.5.1 Russia Potato Fiber Market by Type
10.2.6.5.2 Russia Potato Fiber Market by Nature
10.2.6.5.3 Russia Potato Fiber Market by End Use
10.2.6.6 Rest of Europe Potato Fiber Market
10.2.6.6.1 Rest of Europe Potato Fiber Market by Type
10.2.6.6.2 Rest of Europe Potato Fiber Market by Nature
10.2.6.6.3 Rest of Europe Potato Fiber Market by End Use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Potato Fiber Market Overview
10.3.2 Asia-Pacific Potato Fiber Market Forecasts and Analysis
10.3.3 Asia-Pacific Potato Fiber Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Potato Fiber Market Forecasts and Analysis - By Nature
10.3.5 Asia-Pacific Potato Fiber Market Forecasts and Analysis - By End Use
10.3.6 Asia-Pacific Potato Fiber Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Potato Fiber Market
10.3.6.1.1 Australia Potato Fiber Market by Type
10.3.6.1.2 Australia Potato Fiber Market by Nature
10.3.6.1.3 Australia Potato Fiber Market by End Use
10.3.6.2 China Potato Fiber Market
10.3.6.2.1 China Potato Fiber Market by Type
10.3.6.2.2 China Potato Fiber Market by Nature
10.3.6.2.3 China Potato Fiber Market by End Use
10.3.6.3 India Potato Fiber Market
10.3.6.3.1 India Potato Fiber Market by Type
10.3.6.3.2 India Potato Fiber Market by Nature
10.3.6.3.3 India Potato Fiber Market by End Use
10.3.6.4 Japan Potato Fiber Market
10.3.6.4.1 Japan Potato Fiber Market by Type
10.3.6.4.2 Japan Potato Fiber Market by Nature
10.3.6.4.3 Japan Potato Fiber Market by End Use
10.3.6.5 South Korea Potato Fiber Market
10.3.6.5.1 South Korea Potato Fiber Market by Type
10.3.6.5.2 South Korea Potato Fiber Market by Nature
10.3.6.5.3 South Korea Potato Fiber Market by End Use
10.3.6.6 Rest of Asia-Pacific Potato Fiber Market
10.3.6.6.1 Rest of Asia-Pacific Potato Fiber Market by Type
10.3.6.6.2 Rest of Asia-Pacific Potato Fiber Market by Nature
10.3.6.6.3 Rest of Asia-Pacific Potato Fiber Market by End Use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Potato Fiber Market Overview
10.4.2 Middle East and Africa Potato Fiber Market Forecasts and Analysis
10.4.3 Middle East and Africa Potato Fiber Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Potato Fiber Market Forecasts and Analysis - By Nature
10.4.5 Middle East and Africa Potato Fiber Market Forecasts and Analysis - By End Use
10.4.6 Middle East and Africa Potato Fiber Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Potato Fiber Market
10.4.6.1.1 South Africa Potato Fiber Market by Type
10.4.6.1.2 South Africa Potato Fiber Market by Nature
10.4.6.1.3 South Africa Potato Fiber Market by End Use
10.4.6.2 Saudi Arabia Potato Fiber Market
10.4.6.2.1 Saudi Arabia Potato Fiber Market by Type
10.4.6.2.2 Saudi Arabia Potato Fiber Market by Nature
10.4.6.2.3 Saudi Arabia Potato Fiber Market by End Use
10.4.6.3 U.A.E Potato Fiber Market
10.4.6.3.1 U.A.E Potato Fiber Market by Type
10.4.6.3.2 U.A.E Potato Fiber Market by Nature
10.4.6.3.3 U.A.E Potato Fiber Market by End Use
10.4.6.4 Rest of Middle East and Africa Potato Fiber Market
10.4.6.4.1 Rest of Middle East and Africa Potato Fiber Market by Type
10.4.6.4.2 Rest of Middle East and Africa Potato Fiber Market by Nature
10.4.6.4.3 Rest of Middle East and Africa Potato Fiber Market by End Use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Potato Fiber Market Overview
10.5.2 South and Central America Potato Fiber Market Forecasts and Analysis
10.5.3 South and Central America Potato Fiber Market Forecasts and Analysis - By Type
10.5.4 South and Central America Potato Fiber Market Forecasts and Analysis - By Nature
10.5.5 South and Central America Potato Fiber Market Forecasts and Analysis - By End Use
10.5.6 South and Central America Potato Fiber Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Potato Fiber Market
10.5.6.1.1 Brazil Potato Fiber Market by Type
10.5.6.1.2 Brazil Potato Fiber Market by Nature
10.5.6.1.3 Brazil Potato Fiber Market by End Use
10.5.6.2 Argentina Potato Fiber Market
10.5.6.2.1 Argentina Potato Fiber Market by Type
10.5.6.2.2 Argentina Potato Fiber Market by Nature
10.5.6.2.3 Argentina Potato Fiber Market by End Use
10.5.6.3 Rest of South and Central America Potato Fiber Market
10.5.6.3.1 Rest of South and Central America Potato Fiber Market by Type
10.5.6.3.2 Rest of South and Central America Potato Fiber Market by Nature
10.5.6.3.3 Rest of South and Central America Potato Fiber Market by End Use
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. POTATO FIBER MARKET, KEY COMPANY PROFILES
12.1. AGRANA
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. AVEBE
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. BI NUTRACEUTICALS
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. EMSLAND GROUP
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. INGREDITION GERMANY GMBH
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. J. RETTENMAIER AND SöHNE GMB
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. LYCKEBY STARCH AB
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. ROQUETTE FRERES S.A.
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. SANACEL
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. OTHERS
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. Agrana
2. Avebe
3. BI Nutraceuticals
4. Emsland Group
5. Ingredition Germany Gmbh
6. J. Rettenmaier and Söhne Gmb
7. Lyckeby Starch AB
8. ROQUETTE FRERES S.A.
9. Sanacel
10. Others
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