Functional Carbohydrates Market Analysis, Size, and Share by 2031

Coverage: Functional Carbohydrates Market covers analysis By Type (Isomalt, Palatinose, Cyclodextrin, Curdlan, Others); Application (Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals/Nutraceutical, Others), and Geography

  • Report Code : TIPRE00011074
  • Category : Food and Beverages
  • No. of Pages : 150
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The functional carbohydrates market is expected to register a CAGR of 5% during 2023–2031. The growing demand for healthier food choices is likely to remain a key trend in the market.

Functional Carbohydrates Market Analysis

  • The global functional carbohydrates market is witnessing a rise in its growth due to the increasing demand for healthy food and beverages, rising prevalence of obesity, diabetes and cardiovascular diseases, and due to the rising awareness of functional carbohydrates.
  •  At the same time, market players are also constantly innovating new products to meet the needs of consumers. This includes the development of new functional carbohydrate ingredients with potential health benefits and improved taste and functionality.
  •  Sustainability is also an emerging trend in the functional carbohydrate market. Manufacturers are looking for sources of ingredients that are responsibly and sustainably sourced, more minimally wasted, and produced with less of an environmental footprint

Functional Carbohydrates Market Overview

  • Functional carbohydrates can be used in diverse industrial applications. For example, they are used in food and beverages, including for bakery products, confectionery, dairy products, beverages, and snacks. In the animal feed industry, functional carbohydrates are added to feed formulations to improve animal health and performance.
  •  Consumer trends that are primarily driving the growth of the functional carbohydrate market are the demand for natural and organic ingredients and clean-label products, and the desire for personalised nutrition solutions. Consumers are looking for functional carbohydrate ingredients that confer specific health benefits, such as for gut health, immune support and sustained energy release.
  •  The functional carbohydrate market is regulated to guarantee safety and the correct labelling. The Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) set rules and regulations for the use of functional carbohydrates in food and feed products.

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Functional Carbohydrates Market: Strategic Insights

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Functional Carbohydrates Market Drivers and Opportunities

Increasing Demand for Probiotics

  • The health benefits of probiotics in support of gut health and overall wellness are becoming increasingly well-known among consumers, as are market opportunities for personalised solutions. This is expected to propel demand for prebiotics in many different formats, notably functional carbohydrates.
  •  Gut health has quickly become a popular topic of conversation, with consumers seeking ways to maintain digestive wellness, and probiotics including those sourced from functional carbohydrates have emerged as a natural solution.
  • Consumers are looking for natural alternatives to synthetic ingredients and pharmaceutical solutions will increasingly turn to probiotics as safe and effective alternatives to improve gut health and cure digestive problems.

Growing Animal Feed Sector

  • With a growing global population, a growing demand for livestock products – meat, milk and eggs are expected to require a larger livestock population that in turn requires animal feed.
  • Functional carbohydrates can be used as feed additives for improved immune system health and gut function in livestock and aquaculture animals.
  • Livestock producers are widely showing increased interest in animal health and performance to improve production efficiencies.
  • Functional carbohydrates, as feed additives, have demonstrated the ability to provide benefits to animal health such as improved gut health, improved nutrient absorption and immune function, which can lead to improved performance outcomes such as improved growth rates, improved feed efficiency and mental health.

Functional Carbohydrates Market Report Segmentation Analysis

Key segments that contributed to the derivation of the functional carbohydrates market analysis are deployment type and enterprise size.

  • Based on type, the functional carbohydrates market is divided into isomalt, palatinose, cyclodextrin, curdlan, and others.
  • On the basis of application, the market is divided into food and beverages, cosmetics and personal care, pharmaceuticals/nutraceutical, and others.

Functional Carbohydrates Market Share Analysis by Geography

  • Functional Carbohydrates 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 functional carbohydrates market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
  • Also, the report covers PEST analysis, which involves the study of major factors that influence the functional carbohydrates market in these regions.

Functional Carbohydrates Market Report Scope

Functional Carbohydrates Market News and Recent Developments

The functional carbohydrates 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 functional carbohydrates market are listed below:

  • Beneo GmbH introduces the next level of carbohydrate functionality with its product Palatinose. Beneo GmbH functional carbohydrates are developed to help them manage their weight and their daily performance. Consumers, therefore, seek for functional carbs that can help them manage their diet, be it for weight or for performance reasons. (Source: Press Release, October 2017)

Functional Carbohydrates Market Report Coverage and Deliverables

The “Functional Carbohydrates Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Functional carbohydrates market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Functional carbohydrates market trends as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Functional carbohydrates market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the functional carbohydrates market
  • Detailed company profiles
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

This text is related
to country scope.

Frequently Asked Questions


What are the options available for the customization of this report?

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.

What are the deliverable formats of the functional carbohydrates market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

Which are the leading players operating in the functional carbohydrates market?

The leading players operating in the functional carbohydrates market are Cargill Incorporated, Beneo GmbH, Wacker Chemie AG, Evonik Industries AG, Roquette Frères, Sanxinyuan Food Industry Corporation Limited, Haihang Industry Co., Ltd., Fraken Biochem Co., Foodchem International Corporation, and Sdzucker AG.

What are the future trends of the functional carbohydrates market?

The growing demand for healthier food choices is anticipated to play a significant role in the global functional carbohydrates market in the coming years.

What is the expected CAGR of the functional carbohydrates market?

The global functional carbohydrates market is expected to grow at a CAGR of 5% during the forecast period 2023 - 2031.

What are the driving factors impacting the global functional carbohydrates market?

Increasing demand for probiotics is one of the major factors driving the functional carbohydrates market.

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 Functional Carbohydrates Market - By Type
1.3.2 Functional Carbohydrates Market - By Application
1.3.3 Functional Carbohydrates Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. FUNCTIONAL CARBOHYDRATES 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. FUNCTIONAL CARBOHYDRATES 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. FUNCTIONAL CARBOHYDRATES MARKET - GLOBAL MARKET ANALYSIS
6.1. FUNCTIONAL CARBOHYDRATES - GLOBAL MARKET OVERVIEW
6.2. FUNCTIONAL CARBOHYDRATES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. FUNCTIONAL CARBOHYDRATES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ISOMALT
7.3.1. Overview
7.3.2. Isomalt Market Forecast and Analysis
7.4. PALATINOSE
7.4.1. Overview
7.4.2. Palatinose Market Forecast and Analysis
7.5. CYCLODEXTRIN
7.5.1. Overview
7.5.2. Cyclodextrin Market Forecast and Analysis
7.6. CURDLAN
7.6.1. Overview
7.6.2. Curdlan Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. FUNCTIONAL CARBOHYDRATES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGES
8.3.1. Overview
8.3.2. Food and Beverages Market Forecast and Analysis
8.4. COSMETICS AND PERSONAL CARE
8.4.1. Overview
8.4.2. Cosmetics and Personal Care Market Forecast and Analysis
8.5. PHARMACEUTICALS/NUTRACEUTICAL
8.5.1. Overview
8.5.2. Pharmaceuticals/Nutraceutical Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

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

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. FUNCTIONAL CARBOHYDRATES MARKET, KEY COMPANY PROFILES
11.1. BENEO GMBH
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. CARGILL INCORPORATED
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. EVONIK INDUSTRIES AG
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. FOODCHEM INTERNATIONAL CORPORATION.
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. FRAKEN BIOCHEM CO. LTD
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. HAIHANG INDUSTRY CO., LTD
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. ROQUETTE FRèRES
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. SANXINYUAN FOOD INDUSTRY CORPORATION LIMITED
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. WACKER CHEMIE AG
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. ZIBO QIANHUI BIOLOGICAL TECHNOLOGY CO., LTD
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. Beneo GmbH
2. Cargill Incorporated
3. Evonik Industries AG
4. Foodchem International Corporation.
5. Fraken Biochem Co. Ltd
6. Haihang Industry Co., Ltd
7. Roquette Frères
8. Sanxinyuan Food Industry Corporation Limited
9. Wacker Chemie AG
10. Zibo Qianhui Biological Technology Co., Ltd

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.

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