Textured Pea Protein Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Textured Pea Protein Market covers analysis By Category (Organic, Conventional); Distribution Channel (Hypermarket and Supermarket, Convenience Store, Online Retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00023108
  • Category : Food and Beverages
  • No. of Pages : 150
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Textured Pea Protein Market SWOT Analysis by 2031

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The Textured Pea Protein Market is expected to register a CAGR of 4.3% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented by product type (yellow peas and green peas). The report is segmented by category (organic and conventional). The report further presents an analysis based on the application (food processing, animal feed, nutraceuticals, sports nutrition, infant nutrition, and others). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Textured Pea Protein Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Textured Pea Protein Market Segmentation

Product Type
  • Yellow Peas and Green Peas
Category
  • Organic and Conventional
Application
  • Food Processing
  • Animal Feed
  • Nutraceuticals
  • Sports Nutrition
  • Infant Nutrition
  • Others

Strategic Insights

Textured Pea Protein Market Growth Drivers
  • Plant-Based Diet Trends Fuel Growth: One of the chief growth drivers for the textured pea protein market is the rising trend of plant-based diets. Increasing adoption of a vegetarian and vegan lifestyle has resulted in an earnest quest for high-quality meat alternatives. Textured pea protein, because of its adaptability and texture similar to meat, has acquired a greater preference to fulfill protein requirements.
  • Health Benefits Drive Consumer Interest in Textured Pea Protein: High growth is attributed in the marketplace by increasing the awareness of consumers regarding the health benefits that can be acquired through plant proteins, particularly those from textured pea protein. This protein source contains high amounts of essential amino acids and is low in allergens; hence, it is very attractive for consumers who are health-conscious. Most attractive to such nutrition-focused consumers in relation to muscle health, weight management, and general well-being are the aspects of this protein source.
  • Sustainability Concerns Boost Demand for Textured Pea Protein: Sustainability issues form one of the prime drivers for the textured pea protein market, as consumers tend to opt for environmentally friendly food choices. Pea protein happens to be a relatively low-carbon footprint product with resource efficiency when compared with animal proteins. This similarity of belief makes consumers opt for plant-based food products and also drive increased demand for textured pea protein.
Textured Pea Protein Market Future Trends
  • Product Innovation Drives Growth: Product innovation drives growth in the textured pea protein market for these brands because they build multiple offerings within the umbrella of ready-to-eat meals, snacks, and meat alternatives. This will cater to a variety of consumer preferences based on convenience, flavor, and functionality. As products grow with time, they attract a more diverse audience searching for nutritious and versatile plant-based options.
  • Flavor Enhancements Attract Consumers to Textured Pea Protein Alternatives: The trend toward flavor enhancements is increasingly popular in the textured pea protein market, where brands are experimenting with bold seasonings and spices. Taste remains among the biggest motivators for consumers seeking satisfying alternatives to traditional meat, so making products more likely to attract consumers who enjoy appealing flavors. Enhancing flavor allows for driving trial and repeat among diverse consumers.
  • Clean Labeling Builds Consumer Trust and Drives Demand for Textured Pea Protein: Clean labeling is an increasing concern for the textured pea protein market. Increased demand for transparency regarding ingredient source and processing requirements in proteins creates a pressing need for corporations to design such products that epitomize minimal, recognizable ingredients, as well as no artificial additives. Such a trend will build trust among health-conscious consumers who would then be more likely to choose textured pea protein as their wholesome option.
Textured Pea Protein Market Opportunities
  • Textured Pea Protein Market Expands in Developing Markets with Growing Health Consciousness: Opportunities in the textured pea protein market remain vast for penetration across developing markets as interest in plant-based diet consumption increases. Depending upon the rise in disposable incomes, the increase in consumers, and especially the adoption of more health-conscious approaches, this market can be geared and followed at product levels to indulge in local tastes, thereby unlocking new customer bases and rapid or significant growth across diverse regions.
  • Partnerships with Established Food Brands Boost Textured Pea Protein Visibility and Credibility: The opportunities for textured pea protein producers will lie in established food brands. Adding pea protein to popular products such as snacks, ready meals, and meat alternatives will help to increase the visibility and credibility of the product or brand. Consumer trial will probably be encouraged through such partnerships and textured pea protein established as a mainstream ingredient.
  • Health-Oriented Textured Pea Protein Products Appeal to Wellness-Focused Consumers: Developing health-oriented textured pea protein presents a significant opportunity to attract health-conscious customers. Brands will be able to formulate products that address healthier-than-average nutritional views by emphasizing pea protein's nutritional advantages such as its high protein level, fiber content, and low potential for allergenicity levels. A growing share of the health market can thus be captured.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Textured Pea Protein Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Textured Pea Protein Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What is the expected CAGR of the Textured Pea Protein Market?

The Textured Pea Protein Market is estimated to witness a CAGR of 4.3% from 2023 to 2031

What are the driving factors impacting the textured pea protein market?

The major factors driving the textured pea protein market are:

1. Increasing interest in plant-based diets boosts demand for textured pea protein as a meat alternative.

2. Awareness of health benefits, such as high protein content, drives market growth.

What are the key players operating in the textured pea protein market?

Cargill Inc, The Scoular Co, Roquette Frères, AGT Food and Ingredients, Archer-Daniels-Midland Co, International Flavors and Fragrances Inc, Ingredion Inc, Shandong Jianyuan Group, NutriPea LP, and Merit Functional Foods

Which regions are covered in the report?

On the basis of geography, the textured pea protein market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America

What are the deliverable formats of the textured pea protein market?

The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.

What is the furture trend for textured pea protein market?

Growing demand for enhanced flavors makes textured pea protein more appealing is expected to be the key market trend

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 Textured Pea Protein Market - By Category
1.3.2 Textured Pea Protein Market - By Distribution Channel
1.3.3 Textured Pea Protein Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. TEXTURED PEA PROTEIN 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. TEXTURED PEA PROTEIN MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. TEXTURED PEA PROTEIN MARKET - GLOBAL MARKET ANALYSIS
6.1. TEXTURED PEA PROTEIN - GLOBAL MARKET OVERVIEW
6.2. TEXTURED PEA PROTEIN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. TEXTURED PEA PROTEIN MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
7.1. OVERVIEW
7.2. CATEGORY MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. TEXTURED PEA PROTEIN MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. HYPERMARKET AND SUPERMARKET
8.3.1. Overview
8.3.2. Hypermarket and Supermarket Market Forecast and Analysis
8.4. CONVENIENCE STORE
8.4.1. Overview
8.4.2. Convenience Store Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. TEXTURED PEA PROTEIN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Textured Pea Protein Market Overview
9.1.2 North America Textured Pea Protein Market Forecasts and Analysis
9.1.3 North America Textured Pea Protein Market Forecasts and Analysis - By Category
9.1.4 North America Textured Pea Protein Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Textured Pea Protein Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Textured Pea Protein Market
9.1.5.1.1 Canada Textured Pea Protein Market by Category
9.1.5.1.2 Canada Textured Pea Protein Market by Distribution Channel
9.1.5.2 Mexico Textured Pea Protein Market
9.1.5.2.1 Mexico Textured Pea Protein Market by Category
9.1.5.2.2 Mexico Textured Pea Protein Market by Distribution Channel
9.1.5.3 US Textured Pea Protein Market
9.1.5.3.1 US Textured Pea Protein Market by Category
9.1.5.3.2 US Textured Pea Protein Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Textured Pea Protein Market Overview
9.2.2 Europe Textured Pea Protein Market Forecasts and Analysis
9.2.3 Europe Textured Pea Protein Market Forecasts and Analysis - By Category
9.2.4 Europe Textured Pea Protein Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Textured Pea Protein Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Textured Pea Protein Market
9.2.5.1.1 Germany Textured Pea Protein Market by Category
9.2.5.1.2 Germany Textured Pea Protein Market by Distribution Channel
9.2.5.2 France Textured Pea Protein Market
9.2.5.2.1 France Textured Pea Protein Market by Category
9.2.5.2.2 France Textured Pea Protein Market by Distribution Channel
9.2.5.3 Italy Textured Pea Protein Market
9.2.5.3.1 Italy Textured Pea Protein Market by Category
9.2.5.3.2 Italy Textured Pea Protein Market by Distribution Channel
9.2.5.4 United Kingdom Textured Pea Protein Market
9.2.5.4.1 United Kingdom Textured Pea Protein Market by Category
9.2.5.4.2 United Kingdom Textured Pea Protein Market by Distribution Channel
9.2.5.5 Russia Textured Pea Protein Market
9.2.5.5.1 Russia Textured Pea Protein Market by Category
9.2.5.5.2 Russia Textured Pea Protein Market by Distribution Channel
9.2.5.6 Rest of Europe Textured Pea Protein Market
9.2.5.6.1 Rest of Europe Textured Pea Protein Market by Category
9.2.5.6.2 Rest of Europe Textured Pea Protein Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Textured Pea Protein Market Overview
9.3.2 Asia-Pacific Textured Pea Protein Market Forecasts and Analysis
9.3.3 Asia-Pacific Textured Pea Protein Market Forecasts and Analysis - By Category
9.3.4 Asia-Pacific Textured Pea Protein Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Textured Pea Protein Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Textured Pea Protein Market
9.3.5.1.1 Australia Textured Pea Protein Market by Category
9.3.5.1.2 Australia Textured Pea Protein Market by Distribution Channel
9.3.5.2 China Textured Pea Protein Market
9.3.5.2.1 China Textured Pea Protein Market by Category
9.3.5.2.2 China Textured Pea Protein Market by Distribution Channel
9.3.5.3 India Textured Pea Protein Market
9.3.5.3.1 India Textured Pea Protein Market by Category
9.3.5.3.2 India Textured Pea Protein Market by Distribution Channel
9.3.5.4 Japan Textured Pea Protein Market
9.3.5.4.1 Japan Textured Pea Protein Market by Category
9.3.5.4.2 Japan Textured Pea Protein Market by Distribution Channel
9.3.5.5 South Korea Textured Pea Protein Market
9.3.5.5.1 South Korea Textured Pea Protein Market by Category
9.3.5.5.2 South Korea Textured Pea Protein Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Textured Pea Protein Market
9.3.5.6.1 Rest of Asia-Pacific Textured Pea Protein Market by Category
9.3.5.6.2 Rest of Asia-Pacific Textured Pea Protein Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Textured Pea Protein Market Overview
9.4.2 Middle East and Africa Textured Pea Protein Market Forecasts and Analysis
9.4.3 Middle East and Africa Textured Pea Protein Market Forecasts and Analysis - By Category
9.4.4 Middle East and Africa Textured Pea Protein Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Textured Pea Protein Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Textured Pea Protein Market
9.4.5.1.1 South Africa Textured Pea Protein Market by Category
9.4.5.1.2 South Africa Textured Pea Protein Market by Distribution Channel
9.4.5.2 Saudi Arabia Textured Pea Protein Market
9.4.5.2.1 Saudi Arabia Textured Pea Protein Market by Category
9.4.5.2.2 Saudi Arabia Textured Pea Protein Market by Distribution Channel
9.4.5.3 U.A.E Textured Pea Protein Market
9.4.5.3.1 U.A.E Textured Pea Protein Market by Category
9.4.5.3.2 U.A.E Textured Pea Protein Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Textured Pea Protein Market
9.4.5.4.1 Rest of Middle East and Africa Textured Pea Protein Market by Category
9.4.5.4.2 Rest of Middle East and Africa Textured Pea Protein Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Textured Pea Protein Market Overview
9.5.2 South and Central America Textured Pea Protein Market Forecasts and Analysis
9.5.3 South and Central America Textured Pea Protein Market Forecasts and Analysis - By Category
9.5.4 South and Central America Textured Pea Protein Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Textured Pea Protein Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Textured Pea Protein Market
9.5.5.1.1 Brazil Textured Pea Protein Market by Category
9.5.5.1.2 Brazil Textured Pea Protein Market by Distribution Channel
9.5.5.2 Argentina Textured Pea Protein Market
9.5.5.2.1 Argentina Textured Pea Protein Market by Category
9.5.5.2.2 Argentina Textured Pea Protein Market by Distribution Channel
9.5.5.3 Rest of South and Central America Textured Pea Protein Market
9.5.5.3.1 Rest of South and Central America Textured Pea Protein Market by Category
9.5.5.3.2 Rest of South and Central America Textured Pea Protein Market by Distribution Channel

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. TEXTURED PEA PROTEIN MARKET, KEY COMPANY PROFILES
11.1. DUPONT
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. PURIS FOODS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INGREDION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EMSLAND GROUP
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FENCHEM INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. THE GREEN LABS LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GLANBIA PLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. AXIOM FOODS INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. AGT FOODS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. KERRY INC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. DuPont
2. Puris Foods
3. Ingredion
4. Emsland Group
5. Fenchem Inc
6. The Green Labs LLC
7. Glanbia PLC
8. Axiom Foods Inc
9. AGT Foods
10. Kerry Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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