Raising Agents Market Opportunities 2031
The raising agents, or leavening agents, are substances which aid in increasing the surface of the dough or batter by releasing gases in the mixture and rendering the baked products with porous structures. Baked products are hence puffed up with increased volume and lightweight. Raising agents are essential to bakery and confectionery products including packaged and fried food products. The aeration inside can be provided using biological, mechanical or chemical methods. Chemical agents such as sodium bicarbonate are used to release carbon dioxide to produce chemical aeration. Baking powder is another raising agent which leaves harmless and tasteless residue in the baked food.
MARKET DYNAMICS
The raising agents market is anticipated to grow in the forecast period owing to driving factors such as increasing consumption of baked products such as bread in emerging economies due to the changing lifestyle of the consumers. Rise in disposable incomes coupled with the growing demand for convenience food product and bakery products further boost the growth of the raising agents market. However, the emergence of substitutes such as lemon juice and egg alternatives is likely to restrict the growth of the raising agents market. On the other hand, rising focus on the production of low carbohydrates bread with added nutritional ingredients is likely to offer lucrative opportunities for the key players operating in the raising agents market during the forecast period.
MARKET SCOPE
The "Global Raising Agents Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of raising agents market with detailed market segmentation by product type, application, sales channel, and geography. The global raising agents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading raising agents market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global raising agents market is segmented on the basis of product type, application, and sales channel. Based on product type, the market is segmented as baking powder, baking soda, cream of tartar, organic agents, and others. On the basis of the application, the market is segmented as bakery, confectionery, biscuits & crackers, packaged food products, fried food products, and others. The market on the basis of the sales channel, is classified as direct sales & wholesalers, independent grocery retailer, non-store retailers, 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 raising agents 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 raising agents 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 raising agents 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 raising agents market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global raising agents 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 raising agents 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 raising agents 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 raising agents market in these regions.
MARKET PLAYERS
The reports cover key developments in the raising agents 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 raising agents market are anticipated to lucrative growth opportunities in the future with the rising demand for raising agents in the global market. Below mentioned is the list of few companies engaged in the raising agents market.
The report also includes the profiles of key raising agents 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.
- Associated British Foods plc
- Blue Bird Foods India Pvt. Ltd.
- Clabber Girl Corporation
- Corbion nv
- McCormick & Company, Inc.
- Newseed Chemical Co., Limited
- Tartaros Gonzalo Castello, S.L.
- The Kraft Heinz Company
- Ward McKenzie Pty Ltd
- Weikfield Products Co. India Pvt. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Raising Agents Market - By Product Type
1.3.2Raising Agents Market - By Application
1.3.3Raising Agents Market - By Sales Channel
1.3.4Raising Agents Market - By Region
1.3.4.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.RAISING AGENTS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.RAISING AGENTS 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.RAISING AGENTS MARKET - GLOBAL MARKET ANALYSIS
6.1.RAISING AGENTS - GLOBAL MARKET OVERVIEW
6.2.RAISING AGENTS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.RAISING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.BAKING POWDER
7.3.1.Overview
7.3.2.Baking Powder Market Forecast and Analysis
7.4.BAKING SODA
7.4.1.Overview
7.4.2.Baking Soda Market Forecast and Analysis
7.5.CREAM OF TARTAR
7.5.1.Overview
7.5.2.Cream of Tartar Market Forecast and Analysis
7.6.ORGANIC AGENTS
7.6.1.Overview
7.6.2.Organic Agents Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.RAISING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.BAKERY
8.3.1.Overview
8.3.2.Bakery Market Forecast and Analysis
8.4.CONFECTIONERY
8.4.1.Overview
8.4.2.Confectionery Market Forecast and Analysis
8.5.BISCUITS AND CRACKERS
8.5.1.Overview
8.5.2.Biscuits and Crackers Market Forecast and Analysis
8.6.PACKAGED FOOD PRODUCTS
8.6.1.Overview
8.6.2.Packaged Food Products Market Forecast and Analysis
8.7.FRIED FOOD PRODUCTS
8.7.1.Overview
8.7.2.Fried Food Products Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis
9.RAISING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - SALES CHANNEL
9.1.OVERVIEW
9.2.SALES CHANNEL MARKET FORECASTS AND ANALYSIS
9.3.DIRECT SALES AND WHOLESALERS
9.3.1.Overview
9.3.2.Direct Sales and Wholesalers Market Forecast and Analysis
9.4.INDEPENDENT GROCERY RETAILER
9.4.1.Overview
9.4.2.Independent Grocery Retailer Market Forecast and Analysis
9.5.NON-STORE RETAILERS
9.5.1.Overview
9.5.2.Non-Store Retailers Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.RAISING AGENTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Raising Agents Market Overview
10.1.2North America Raising Agents Market Forecasts and Analysis
10.1.3North America Raising Agents Market Forecasts and Analysis - By Product Type
10.1.4North America Raising Agents Market Forecasts and Analysis - By Application
10.1.5North America Raising Agents Market Forecasts and Analysis - By Sales Channel
10.1.6North America Raising Agents Market Forecasts and Analysis - By Countries
10.1.6.1United States Raising Agents Market
10.1.6.1.1United States Raising Agents Market by Product Type
10.1.6.1.2United States Raising Agents Market by Application
10.1.6.1.3United States Raising Agents Market by Sales Channel
10.1.6.2Canada Raising Agents Market
10.1.6.2.1Canada Raising Agents Market by Product Type
10.1.6.2.2Canada Raising Agents Market by Application
10.1.6.2.3Canada Raising Agents Market by Sales Channel
10.1.6.3Mexico Raising Agents Market
10.1.6.3.1Mexico Raising Agents Market by Product Type
10.1.6.3.2Mexico Raising Agents Market by Application
10.1.6.3.3Mexico Raising Agents Market by Sales Channel
10.2.EUROPE
10.2.1Europe Raising Agents Market Overview
10.2.2Europe Raising Agents Market Forecasts and Analysis
10.2.3Europe Raising Agents Market Forecasts and Analysis - By Product Type
10.2.4Europe Raising Agents Market Forecasts and Analysis - By Application
10.2.5Europe Raising Agents Market Forecasts and Analysis - By Sales Channel
10.2.6Europe Raising Agents Market Forecasts and Analysis - By Countries
10.2.6.1Germany Raising Agents Market
10.2.6.1.1Germany Raising Agents Market by Product Type
10.2.6.1.2Germany Raising Agents Market by Application
10.2.6.1.3Germany Raising Agents Market by Sales Channel
10.2.6.2France Raising Agents Market
10.2.6.2.1France Raising Agents Market by Product Type
10.2.6.2.2France Raising Agents Market by Application
10.2.6.2.3France Raising Agents Market by Sales Channel
10.2.6.3Italy Raising Agents Market
10.2.6.3.1Italy Raising Agents Market by Product Type
10.2.6.3.2Italy Raising Agents Market by Application
10.2.6.3.3Italy Raising Agents Market by Sales Channel
10.2.6.4United Kingdom Raising Agents Market
10.2.6.4.1United Kingdom Raising Agents Market by Product Type
10.2.6.4.2United Kingdom Raising Agents Market by Application
10.2.6.4.3United Kingdom Raising Agents Market by Sales Channel
10.2.6.5Russia Raising Agents Market
10.2.6.5.1Russia Raising Agents Market by Product Type
10.2.6.5.2Russia Raising Agents Market by Application
10.2.6.5.3Russia Raising Agents Market by Sales Channel
10.2.6.6Rest of Europe Raising Agents Market
10.2.6.6.1Rest of Europe Raising Agents Market by Product Type
10.2.6.6.2Rest of Europe Raising Agents Market by Application
10.2.6.6.3Rest of Europe Raising Agents Market by Sales Channel
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Raising Agents Market Overview
10.3.2Asia-Pacific Raising Agents Market Forecasts and Analysis
10.3.3Asia-Pacific Raising Agents Market Forecasts and Analysis - By Product Type
10.3.4Asia-Pacific Raising Agents Market Forecasts and Analysis - By Application
10.3.5Asia-Pacific Raising Agents Market Forecasts and Analysis - By Sales Channel
10.3.6Asia-Pacific Raising Agents Market Forecasts and Analysis - By Countries
10.3.6.1Australia Raising Agents Market
10.3.6.1.1Australia Raising Agents Market by Product Type
10.3.6.1.2Australia Raising Agents Market by Application
10.3.6.1.3Australia Raising Agents Market by Sales Channel
10.3.6.2China Raising Agents Market
10.3.6.2.1China Raising Agents Market by Product Type
10.3.6.2.2China Raising Agents Market by Application
10.3.6.2.3China Raising Agents Market by Sales Channel
10.3.6.3India Raising Agents Market
10.3.6.3.1India Raising Agents Market by Product Type
10.3.6.3.2India Raising Agents Market by Application
10.3.6.3.3India Raising Agents Market by Sales Channel
10.3.6.4Japan Raising Agents Market
10.3.6.4.1Japan Raising Agents Market by Product Type
10.3.6.4.2Japan Raising Agents Market by Application
10.3.6.4.3Japan Raising Agents Market by Sales Channel
10.3.6.5South Korea Raising Agents Market
10.3.6.5.1South Korea Raising Agents Market by Product Type
10.3.6.5.2South Korea Raising Agents Market by Application
10.3.6.5.3South Korea Raising Agents Market by Sales Channel
10.3.6.6Rest of Asia-Pacific Raising Agents Market
10.3.6.6.1Rest of Asia-Pacific Raising Agents Market by Product Type
10.3.6.6.2Rest of Asia-Pacific Raising Agents Market by Application
10.3.6.6.3Rest of Asia-Pacific Raising Agents Market by Sales Channel
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Raising Agents Market Overview
10.4.2Middle East and Africa Raising Agents Market Forecasts and Analysis
10.4.3Middle East and Africa Raising Agents Market Forecasts and Analysis - By Product Type
10.4.4Middle East and Africa Raising Agents Market Forecasts and Analysis - By Application
10.4.5Middle East and Africa Raising Agents Market Forecasts and Analysis - By Sales Channel
10.4.6Middle East and Africa Raising Agents Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Raising Agents Market
10.4.6.1.1South Africa Raising Agents Market by Product Type
10.4.6.1.2South Africa Raising Agents Market by Application
10.4.6.1.3South Africa Raising Agents Market by Sales Channel
10.4.6.2Saudi Arabia Raising Agents Market
10.4.6.2.1Saudi Arabia Raising Agents Market by Product Type
10.4.6.2.2Saudi Arabia Raising Agents Market by Application
10.4.6.2.3Saudi Arabia Raising Agents Market by Sales Channel
10.4.6.3U.A.E Raising Agents Market
10.4.6.3.1U.A.E Raising Agents Market by Product Type
10.4.6.3.2U.A.E Raising Agents Market by Application
10.4.6.3.3U.A.E Raising Agents Market by Sales Channel
10.4.6.4Rest of Middle East and Africa Raising Agents Market
10.4.6.4.1Rest of Middle East and Africa Raising Agents Market by Product Type
10.4.6.4.2Rest of Middle East and Africa Raising Agents Market by Application
10.4.6.4.3Rest of Middle East and Africa Raising Agents Market by Sales Channel
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Raising Agents Market Overview
10.5.2South and Central America Raising Agents Market Forecasts and Analysis
10.5.3South and Central America Raising Agents Market Forecasts and Analysis - By Product Type
10.5.4South and Central America Raising Agents Market Forecasts and Analysis - By Application
10.5.5South and Central America Raising Agents Market Forecasts and Analysis - By Sales Channel
10.5.6South and Central America Raising Agents Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Raising Agents Market
10.5.6.1.1Brazil Raising Agents Market by Product Type
10.5.6.1.2Brazil Raising Agents Market by Application
10.5.6.1.3Brazil Raising Agents Market by Sales Channel
10.5.6.2Argentina Raising Agents Market
10.5.6.2.1Argentina Raising Agents Market by Product Type
10.5.6.2.2Argentina Raising Agents Market by Application
10.5.6.2.3Argentina Raising Agents Market by Sales Channel
10.5.6.3Rest of South and Central America Raising Agents Market
10.5.6.3.1Rest of South and Central America Raising Agents Market by Product Type
10.5.6.3.2Rest of South and Central America Raising Agents Market by Application
10.5.6.3.3Rest of South and Central America Raising Agents Market by Sales Channel
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.RAISING AGENTS MARKET, KEY COMPANY PROFILES
12.1.ASSOCIATED BRITISH FOODS PLC
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.BLUE BIRD FOODS INDIA PVT. LTD.
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.CLABBER GIRL CORPORATION
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.CORBION NV
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.MCCORMICK AND COMPANY, INC.
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.NEWSEED CHEMICAL CO., LIMITED
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.TáRTAROS GONZALO CASTELLó, S.L.
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 KRAFT HEINZ 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.WARD MCKENZIE PTY LTD
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.WEIKFIELD PRODUCTS CO. INDIA PVT. LTD.
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. Associated British Foods plc
2. Blue Bird Foods India Pvt. Ltd.
3. Clabber Girl Corporation
4. Corbion nv
5. McCormick and Company, Inc.
6. Newseed Chemical Co. , Limited
7. Tartaros Gonzalo Castello, S. L.
8. The Kraft Heinz Company
9. Ward McKenzie Pty Ltd
10. Weikfield Products Co. India Pvt. Ltd.
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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