Yeast ingredients are becoming more and more significant due to their exquisite flavor. Yeast is generally used in order to provide flavor and taste to processed food. These ingredients have a number of applications in fermentation processing, which has helped the yeast ingredient market to grow. These are natural ingredients that are used as one of the primary ingredients for the food processing industry. Yeast has high nutrient content, which makes it useful as a taste booster for many processed foods.
MARKET DYNAMICS
The rise in demand for processed and conventional food, especially bakery items, is driving the growth of the yeast ingredient market. The food manufacturers are developing products with natural ingredients rather than using artificial flavor that will increase the demand for yeast ingredients. The demand for yeast ingredients has increased from the pharmaceutical industries due to its application as a fat substitute, thickening agent, and dietary fiber.
MARKET SCOPE
The "Global Yeast Ingredients 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 the yeast ingredients market with detailed market segmentation by type, application, source and geography. The global yeast ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading yeast ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Yeast Ingredients Market is segmented on the basis of type, source and application. On the basis of type, the market is segmented into yeast extracts, autolyzed yeast, yeast cell wall and yeast-based flavors. On the basis of source, the market is segmented into baker's yeast and brewer's yeast. On the basis of application, the market is segmented into food, feed and pet food, pharmaceuticals and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global yeast ingredients 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 America. The yeast ingredients 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 the yeast ingredients 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 America after evaluating political, economic, social and technological factors affecting the yeast ingredients 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 yeast ingredients 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 America. The yeast ingredients 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 the yeast ingredients 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 America after evaluating political, economic, social and technological factors affecting the yeast ingredients market in these regions.
MARKET PLAYERS
The reports cover key developments in the yeast ingredients 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 way for the expansion of business and customer base of market players. The market payers from yeast ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for yeast ingredients in the global market. Below mentioned is the list of few companies engaged in the yeast ingredients market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the yeast ingredients market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Lesaffre Yeast Corporation
- LALLEMAND Inc.
- Associated British Foods plc
- Kerry Inc.
- Cargill, Incorporated
- Archer Daniels Midland Company
- DSM
- AngelYeast Co., Ltd
- Leiber GmbH
- Biorigin
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.
Frequently Asked Questions
The increasing demand for organic bakery products is an emerging trend in the market.
Based on geography, Asia Pacific held the largest share of the yeast ingredients market due to increased consumption of bakery products in the region.
The food application segment has marked the largest market share in 2023.
The Yeast Ingredients Market is estimated to witness a CAGR of 8% from 2023 to 2031
The increased consumption of bakery products including breads is considered as a key driver in the market.
AngelYeast Co., Ltd, Archer Daniels Midland Company, Associated British Foods plc, Biorigin, Cargill, Incorporated, DSM, Kerry Inc, LALLEMAND Inc, Leiber GmbH, and Lesaffre Yeast Corporation are among the key players in the market.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Yeast Ingredients Market - By Type
1.3.2 Yeast Ingredients Market - By Source
1.3.3 Yeast Ingredients Market - By Application
1.3.4 Yeast Ingredients Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. YEAST INGREDIENTS 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. YEAST INGREDIENTS 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. YEAST INGREDIENTS MARKET - GLOBAL MARKET ANALYSIS
6.1. YEAST INGREDIENTS - GLOBAL MARKET OVERVIEW
6.2. YEAST INGREDIENTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. YEAST INGREDIENTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. YEAST EXTRACTS
7.3.1. Overview
7.3.2. yeast extracts Market Forecast and Analysis
7.4. AUTOLYZED YEAST
7.4.1. Overview
7.4.2. autolyzed yeast Market Forecast and Analysis
7.5. YEAST CELL WALL
7.5.1. Overview
7.5.2. yeast cell wall Market Forecast and Analysis
7.6. YEAST-BASED FLAVORS
7.6.1. Overview
7.6.2. yeast-based flavors Market Forecast and Analysis
8. YEAST INGREDIENTS MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
8.1. OVERVIEW
8.2. SOURCE MARKET FORECASTS AND ANALYSIS
8.3. BAKER'S YEAST
8.3.1. Overview
8.3.2. baker's yeast Market Forecast and Analysis
8.4. BREWER'S YEAST
8.4.1. Overview
8.4.2. brewer's yeast Market Forecast and Analysis
9. YEAST INGREDIENTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. FOOD
9.3.1. Overview
9.3.2. food Market Forecast and Analysis
9.4. FEED AND PET FOOD
9.4.1. Overview
9.4.2. feed and pet food Market Forecast and Analysis
9.5. PHARMACEUTICALS
9.5.1. Overview
9.5.2. pharmaceuticals Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. others Market Forecast and Analysis
10. YEAST INGREDIENTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Yeast Ingredients Market Overview
10.1.2 North America Yeast Ingredients Market Forecasts and Analysis
10.1.3 North America Yeast Ingredients Market Forecasts and Analysis - By Type
10.1.4 North America Yeast Ingredients Market Forecasts and Analysis - By Source
10.1.5 North America Yeast Ingredients Market Forecasts and Analysis - By Application
10.1.6 North America Yeast Ingredients Market Forecasts and Analysis - By Countries
10.1.6.1 United States Yeast Ingredients Market
10.1.6.1.1 United States Yeast Ingredients Market by Type
10.1.6.1.2 United States Yeast Ingredients Market by Source
10.1.6.1.3 United States Yeast Ingredients Market by Application
10.1.6.2 Canada Yeast Ingredients Market
10.1.6.2.1 Canada Yeast Ingredients Market by Type
10.1.6.2.2 Canada Yeast Ingredients Market by Source
10.1.6.2.3 Canada Yeast Ingredients Market by Application
10.1.6.3 Mexico Yeast Ingredients Market
10.1.6.3.1 Mexico Yeast Ingredients Market by Type
10.1.6.3.2 Mexico Yeast Ingredients Market by Source
10.1.6.3.3 Mexico Yeast Ingredients Market by Application
10.2. EUROPE
10.2.1 Europe Yeast Ingredients Market Overview
10.2.2 Europe Yeast Ingredients Market Forecasts and Analysis
10.2.3 Europe Yeast Ingredients Market Forecasts and Analysis - By Type
10.2.4 Europe Yeast Ingredients Market Forecasts and Analysis - By Source
10.2.5 Europe Yeast Ingredients Market Forecasts and Analysis - By Application
10.2.6 Europe Yeast Ingredients Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Yeast Ingredients Market
10.2.6.1.1 Germany Yeast Ingredients Market by Type
10.2.6.1.2 Germany Yeast Ingredients Market by Source
10.2.6.1.3 Germany Yeast Ingredients Market by Application
10.2.6.2 France Yeast Ingredients Market
10.2.6.2.1 France Yeast Ingredients Market by Type
10.2.6.2.2 France Yeast Ingredients Market by Source
10.2.6.2.3 France Yeast Ingredients Market by Application
10.2.6.3 Italy Yeast Ingredients Market
10.2.6.3.1 Italy Yeast Ingredients Market by Type
10.2.6.3.2 Italy Yeast Ingredients Market by Source
10.2.6.3.3 Italy Yeast Ingredients Market by Application
10.2.6.4 United Kingdom Yeast Ingredients Market
10.2.6.4.1 United Kingdom Yeast Ingredients Market by Type
10.2.6.4.2 United Kingdom Yeast Ingredients Market by Source
10.2.6.4.3 United Kingdom Yeast Ingredients Market by Application
10.2.6.5 Russia Yeast Ingredients Market
10.2.6.5.1 Russia Yeast Ingredients Market by Type
10.2.6.5.2 Russia Yeast Ingredients Market by Source
10.2.6.5.3 Russia Yeast Ingredients Market by Application
10.2.6.6 Rest of Europe Yeast Ingredients Market
10.2.6.6.1 Rest of Europe Yeast Ingredients Market by Type
10.2.6.6.2 Rest of Europe Yeast Ingredients Market by Source
10.2.6.6.3 Rest of Europe Yeast Ingredients Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Yeast Ingredients Market Overview
10.3.2 Asia-Pacific Yeast Ingredients Market Forecasts and Analysis
10.3.3 Asia-Pacific Yeast Ingredients Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Yeast Ingredients Market Forecasts and Analysis - By Source
10.3.5 Asia-Pacific Yeast Ingredients Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Yeast Ingredients Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Yeast Ingredients Market
10.3.6.1.1 Australia Yeast Ingredients Market by Type
10.3.6.1.2 Australia Yeast Ingredients Market by Source
10.3.6.1.3 Australia Yeast Ingredients Market by Application
10.3.6.2 China Yeast Ingredients Market
10.3.6.2.1 China Yeast Ingredients Market by Type
10.3.6.2.2 China Yeast Ingredients Market by Source
10.3.6.2.3 China Yeast Ingredients Market by Application
10.3.6.3 India Yeast Ingredients Market
10.3.6.3.1 India Yeast Ingredients Market by Type
10.3.6.3.2 India Yeast Ingredients Market by Source
10.3.6.3.3 India Yeast Ingredients Market by Application
10.3.6.4 Japan Yeast Ingredients Market
10.3.6.4.1 Japan Yeast Ingredients Market by Type
10.3.6.4.2 Japan Yeast Ingredients Market by Source
10.3.6.4.3 Japan Yeast Ingredients Market by Application
10.3.6.5 South Korea Yeast Ingredients Market
10.3.6.5.1 South Korea Yeast Ingredients Market by Type
10.3.6.5.2 South Korea Yeast Ingredients Market by Source
10.3.6.5.3 South Korea Yeast Ingredients Market by Application
10.3.6.6 Rest of Asia-Pacific Yeast Ingredients Market
10.3.6.6.1 Rest of Asia-Pacific Yeast Ingredients Market by Type
10.3.6.6.2 Rest of Asia-Pacific Yeast Ingredients Market by Source
10.3.6.6.3 Rest of Asia-Pacific Yeast Ingredients Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Yeast Ingredients Market Overview
10.4.2 Middle East and Africa Yeast Ingredients Market Forecasts and Analysis
10.4.3 Middle East and Africa Yeast Ingredients Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Yeast Ingredients Market Forecasts and Analysis - By Source
10.4.5 Middle East and Africa Yeast Ingredients Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Yeast Ingredients Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Yeast Ingredients Market
10.4.6.1.1 South Africa Yeast Ingredients Market by Type
10.4.6.1.2 South Africa Yeast Ingredients Market by Source
10.4.6.1.3 South Africa Yeast Ingredients Market by Application
10.4.6.2 Saudi Arabia Yeast Ingredients Market
10.4.6.2.1 Saudi Arabia Yeast Ingredients Market by Type
10.4.6.2.2 Saudi Arabia Yeast Ingredients Market by Source
10.4.6.2.3 Saudi Arabia Yeast Ingredients Market by Application
10.4.6.3 U.A.E Yeast Ingredients Market
10.4.6.3.1 U.A.E Yeast Ingredients Market by Type
10.4.6.3.2 U.A.E Yeast Ingredients Market by Source
10.4.6.3.3 U.A.E Yeast Ingredients Market by Application
10.4.6.4 Rest of Middle East and Africa Yeast Ingredients Market
10.4.6.4.1 Rest of Middle East and Africa Yeast Ingredients Market by Type
10.4.6.4.2 Rest of Middle East and Africa Yeast Ingredients Market by Source
10.4.6.4.3 Rest of Middle East and Africa Yeast Ingredients Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Yeast Ingredients Market Overview
10.5.2 South and Central America Yeast Ingredients Market Forecasts and Analysis
10.5.3 South and Central America Yeast Ingredients Market Forecasts and Analysis - By Type
10.5.4 South and Central America Yeast Ingredients Market Forecasts and Analysis - By Source
10.5.5 South and Central America Yeast Ingredients Market Forecasts and Analysis - By Application
10.5.6 South and Central America Yeast Ingredients Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Yeast Ingredients Market
10.5.6.1.1 Brazil Yeast Ingredients Market by Type
10.5.6.1.2 Brazil Yeast Ingredients Market by Source
10.5.6.1.3 Brazil Yeast Ingredients Market by Application
10.5.6.2 Argentina Yeast Ingredients Market
10.5.6.2.1 Argentina Yeast Ingredients Market by Type
10.5.6.2.2 Argentina Yeast Ingredients Market by Source
10.5.6.2.3 Argentina Yeast Ingredients Market by Application
10.5.6.3 Rest of South and Central America Yeast Ingredients Market
10.5.6.3.1 Rest of South and Central America Yeast Ingredients Market by Type
10.5.6.3.2 Rest of South and Central America Yeast Ingredients Market by Source
10.5.6.3.3 Rest of South and Central America Yeast Ingredients Market by Application
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. YEAST INGREDIENTS MARKET, KEY COMPANY PROFILES
12.1. ANGELYEAST CO., LTD
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. ARCHER DANIELS MIDLAND COMPANY
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. ASSOCIATED BRITISH FOODS PLC
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. BIORIGIN
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. CARGILL, INCORPORATED
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. DSM
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. KERRY INC.
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. LALLEMAND INC.
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. LEIBER GMBH
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. LESAFFRE YEAST CORPORATION
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. AngelYeast Co., Ltd
2. Archer Daniels Midland Company
3. Associated British Foods plc
4. Biorigin
5. Cargill, Incorporated
6. DSM
7. Kerry Inc.
8. LALLEMAND Inc.
9. Leiber GmbH
10. Lesaffre Yeast Corporation
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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