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

Coverage: Agrigenomics Market covers analysis by Sequencer (Sanger sequencer, Illumina HiSeq, PacBio sequencer, SOLiD sequencer, Others (Roche GS FLX, Ion Torrent, Oxford Nanopore, and Danaher GeXP)); Application (Crops, Livestock); Objective (DNA extraction and purification, DNA/RNA sequencing, Genotyping, Gene expression profiling, Marker-assisted selection, GMO/Trait purity, Other objectives (hybrid purity testing, targeted resequencing, DNA parentage testing, QTL mapping, and genetic disease identification) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00008163
  • Category : Biotechnology
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Agrigenomics is defined as the study of the genetic makeup of crops and livestock and how genes influence the produce. The application of genomics in agriculture enables improvement in the sustainability and productivity of livestock and crop production.

MARKET DYNAMICS

The agrigenomics market is anticipated to increase due to the advancement of new technology in the market. However, high cost of devices, stringent regulatory procedures, and high cost of investment are restraining the market growth. Moreover, rising opportunities for DNA sequencing in crops and livestock are expected to benefit the growth of the market in the forecast period.

MARKET SCOPE

The "Agrigenomics Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of in agrigenomics market with detailed market segmentation by type, reptile, mode of action and geography. The agrigenomics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in agrigenomics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The agrigenomics market is segmented on the basis of sequencer, application and objective. Based on sequencer the market is segmented as sanger sequencer, illumina hiseq, pacbio sequencer, solid sequencer and others (Roche gs flx, ion torrent, oxford nanopore, and Danaher GeXP). On the basis of application the market is categorized as crops and livestock. On the basis of objective the market is categorized as DNA extraction and purification, DNA/RNA sequencing, genotyping, gene expression profiling, marker-assisted selection, GMO/Trait purity and other objectives (hybrid purity testing, targeted resequencing, DNA parentage testing, QTL mapping, and genetic disease identification).


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REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in agrigenomics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The agrigenomics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting agrigenomics market from both demand and supply side and further evaluates market dynamics affecting the market during 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 effecting the agrigenomics market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in agrigenomics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The agrigenomics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting agrigenomics market from both demand and supply side and further evaluates market dynamics affecting the market during 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 effecting the agrigenomics market in these regions.

MARKET PLAYERS

The report covers key developments in the in agrigenomics 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 witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from in agrigenomics market are anticipated to have lucrative growth opportunities in the future with the rising demand for in agrigenomics market in the global market. Below mentioned is the list of few companies engaged in the agrigenomics market.

The report also includes the profiles of key in agrigenomics market 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 last 3 years, key development in past five years.

  •  Agilent Technologies Inc.
  •  Agrigenomics' Inc.
  •  Biogenetic Services' Inc.
  •  Eurofins Scientific Se
  •  Galseq Srl Via Italia
  •  Illumina, Inc.
  •  LGS Limited
  •  Neogen Corporation
  •  Thermo Fisher Scientific Inc.
  •  Zoetis' Inc.

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
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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

This text is related
to country scope.

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 Agrigenomics Market - By Sequencer
1.3.2 Agrigenomics Market - By Application
1.3.3 Agrigenomics Market - By Objective
1.3.4 Agrigenomics Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

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

7. AGRIGENOMICS MARKET - REVENUE AND FORECASTS TO 2028 - SEQUENCER
7.1. OVERVIEW
7.2. SEQUENCER MARKET FORECASTS AND ANALYSIS
7.3. SANGER SEQUENCER
7.3.1. Overview
7.3.2. Sanger sequencer Market Forecast and Analysis
7.4. ILLUMINA HISEQ
7.4.1. Overview
7.4.2. Illumina HiSeq Market Forecast and Analysis
7.5. PACBIO SEQUENCER
7.5.1. Overview
7.5.2. PacBio sequencer Market Forecast and Analysis
7.6. SOLID SEQUENCER
7.6.1. Overview
7.6.2. SOLiD sequencer Market Forecast and Analysis
7.7. OTHERS (ROCHE GS FLX
7.7.1. Overview
7.7.2. Others (Roche GS FLX Market Forecast and Analysis
7.8. ION TORRENT
7.8.1. Overview
7.8.2. Ion Torrent Market Forecast and Analysis
7.9. OXFORD NANOPORE
7.9.1. Overview
7.9.2. Oxford Nanopore Market Forecast and Analysis
7.10. AND DANAHER GEXP)
7.10.1. Overview
7.10.2. and Danaher GeXP) Market Forecast and Analysis

8. AGRIGENOMICS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CROPS
8.3.1. Overview
8.3.2. Crops Market Forecast and Analysis
8.4. LIVESTOCK
8.4.1. Overview
8.4.2. Livestock Market Forecast and Analysis

9. AGRIGENOMICS MARKET - REVENUE AND FORECASTS TO 2028 - OBJECTIVE
9.1. OVERVIEW
9.2. OBJECTIVE MARKET FORECASTS AND ANALYSIS
9.3. DNA EXTRACTION AND PURIFICATION
9.3.1. Overview
9.3.2. DNA extraction and purification Market Forecast and Analysis
9.4. DNA/RNA SEQUENCING
9.4.1. Overview
9.4.2. DNA/RNA sequencing Market Forecast and Analysis
9.5. GENOTYPING
9.5.1. Overview
9.5.2. Genotyping Market Forecast and Analysis
9.6. GENE EXPRESSION PROFILING
9.6.1. Overview
9.6.2. Gene expression profiling Market Forecast and Analysis
9.7. MARKER-ASSISTED SELECTION
9.7.1. Overview
9.7.2. Marker-assisted selection Market Forecast and Analysis
9.8. GMO/TRAIT PURITY
9.8.1. Overview
9.8.2. GMO/Trait purity Market Forecast and Analysis
9.9. OTHER OBJECTIVES (HYBRID PURITY TESTING
9.9.1. Overview
9.9.2. Other objectives (hybrid purity testing Market Forecast and Analysis
9.10. TARGETED RESEQUENCING
9.10.1. Overview
9.10.2. targeted resequencing Market Forecast and Analysis
9.11. DNA PARENTAGE TESTING
9.11.1. Overview
9.11.2. DNA parentage testing Market Forecast and Analysis
9.12. QTL MAPPING
9.12.1. Overview
9.12.2. QTL mapping Market Forecast and Analysis
9.13. AND GENETIC DISEASE IDENTIFICATION)
9.13.1. Overview
9.13.2. and genetic disease identification) Market Forecast and Analysis

10. AGRIGENOMICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Agrigenomics Market Overview
10.1.2 North America Agrigenomics Market Forecasts and Analysis
10.1.3 North America Agrigenomics Market Forecasts and Analysis - By Sequencer
10.1.4 North America Agrigenomics Market Forecasts and Analysis - By Application
10.1.5 North America Agrigenomics Market Forecasts and Analysis - By Objective
10.1.6 North America Agrigenomics Market Forecasts and Analysis - By Countries
10.1.6.1 United States Agrigenomics Market
10.1.6.1.1 United States Agrigenomics Market by Sequencer
10.1.6.1.2 United States Agrigenomics Market by Application
10.1.6.1.3 United States Agrigenomics Market by Objective
10.1.6.2 Canada Agrigenomics Market
10.1.6.2.1 Canada Agrigenomics Market by Sequencer
10.1.6.2.2 Canada Agrigenomics Market by Application
10.1.6.2.3 Canada Agrigenomics Market by Objective
10.1.6.3 Mexico Agrigenomics Market
10.1.6.3.1 Mexico Agrigenomics Market by Sequencer
10.1.6.3.2 Mexico Agrigenomics Market by Application
10.1.6.3.3 Mexico Agrigenomics Market by Objective
10.2. EUROPE
10.2.1 Europe Agrigenomics Market Overview
10.2.2 Europe Agrigenomics Market Forecasts and Analysis
10.2.3 Europe Agrigenomics Market Forecasts and Analysis - By Sequencer
10.2.4 Europe Agrigenomics Market Forecasts and Analysis - By Application
10.2.5 Europe Agrigenomics Market Forecasts and Analysis - By Objective
10.2.6 Europe Agrigenomics Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Agrigenomics Market
10.2.6.1.1 Germany Agrigenomics Market by Sequencer
10.2.6.1.2 Germany Agrigenomics Market by Application
10.2.6.1.3 Germany Agrigenomics Market by Objective
10.2.6.2 France Agrigenomics Market
10.2.6.2.1 France Agrigenomics Market by Sequencer
10.2.6.2.2 France Agrigenomics Market by Application
10.2.6.2.3 France Agrigenomics Market by Objective
10.2.6.3 Italy Agrigenomics Market
10.2.6.3.1 Italy Agrigenomics Market by Sequencer
10.2.6.3.2 Italy Agrigenomics Market by Application
10.2.6.3.3 Italy Agrigenomics Market by Objective
10.2.6.4 Spain Agrigenomics Market
10.2.6.4.1 Spain Agrigenomics Market by Sequencer
10.2.6.4.2 Spain Agrigenomics Market by Application
10.2.6.4.3 Spain Agrigenomics Market by Objective
10.2.6.5 United Kingdom Agrigenomics Market
10.2.6.5.1 United Kingdom Agrigenomics Market by Sequencer
10.2.6.5.2 United Kingdom Agrigenomics Market by Application
10.2.6.5.3 United Kingdom Agrigenomics Market by Objective
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Agrigenomics Market Overview
10.3.2 Asia-Pacific Agrigenomics Market Forecasts and Analysis
10.3.3 Asia-Pacific Agrigenomics Market Forecasts and Analysis - By Sequencer
10.3.4 Asia-Pacific Agrigenomics Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Agrigenomics Market Forecasts and Analysis - By Objective
10.3.6 Asia-Pacific Agrigenomics Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Agrigenomics Market
10.3.6.1.1 Australia Agrigenomics Market by Sequencer
10.3.6.1.2 Australia Agrigenomics Market by Application
10.3.6.1.3 Australia Agrigenomics Market by Objective
10.3.6.2 China Agrigenomics Market
10.3.6.2.1 China Agrigenomics Market by Sequencer
10.3.6.2.2 China Agrigenomics Market by Application
10.3.6.2.3 China Agrigenomics Market by Objective
10.3.6.3 India Agrigenomics Market
10.3.6.3.1 India Agrigenomics Market by Sequencer
10.3.6.3.2 India Agrigenomics Market by Application
10.3.6.3.3 India Agrigenomics Market by Objective
10.3.6.4 Japan Agrigenomics Market
10.3.6.4.1 Japan Agrigenomics Market by Sequencer
10.3.6.4.2 Japan Agrigenomics Market by Application
10.3.6.4.3 Japan Agrigenomics Market by Objective
10.3.6.5 South Korea Agrigenomics Market
10.3.6.5.1 South Korea Agrigenomics Market by Sequencer
10.3.6.5.2 South Korea Agrigenomics Market by Application
10.3.6.5.3 South Korea Agrigenomics Market by Objective
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Agrigenomics Market Overview
10.4.2 Middle East and Africa Agrigenomics Market Forecasts and Analysis
10.4.3 Middle East and Africa Agrigenomics Market Forecasts and Analysis - By Sequencer
10.4.4 Middle East and Africa Agrigenomics Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Agrigenomics Market Forecasts and Analysis - By Objective
10.4.6 Middle East and Africa Agrigenomics Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Agrigenomics Market
10.4.6.1.1 South Africa Agrigenomics Market by Sequencer
10.4.6.1.2 South Africa Agrigenomics Market by Application
10.4.6.1.3 South Africa Agrigenomics Market by Objective
10.4.6.2 Saudi Arabia Agrigenomics Market
10.4.6.2.1 Saudi Arabia Agrigenomics Market by Sequencer
10.4.6.2.2 Saudi Arabia Agrigenomics Market by Application
10.4.6.2.3 Saudi Arabia Agrigenomics Market by Objective
10.4.6.3 U.A.E Agrigenomics Market
10.4.6.3.1 U.A.E Agrigenomics Market by Sequencer
10.4.6.3.2 U.A.E Agrigenomics Market by Application
10.4.6.3.3 U.A.E Agrigenomics Market by Objective
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Agrigenomics Market Overview
10.5.2 South and Central America Agrigenomics Market Forecasts and Analysis
10.5.3 South and Central America Agrigenomics Market Forecasts and Analysis - By Sequencer
10.5.4 South and Central America Agrigenomics Market Forecasts and Analysis - By Application
10.5.5 South and Central America Agrigenomics Market Forecasts and Analysis - By Objective
10.5.6 South and Central America Agrigenomics Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Agrigenomics Market
10.5.6.1.1 Brazil Agrigenomics Market by Sequencer
10.5.6.1.2 Brazil Agrigenomics Market by Application
10.5.6.1.3 Brazil Agrigenomics Market by Objective
10.5.6.2 Argentina Agrigenomics Market
10.5.6.2.1 Argentina Agrigenomics Market by Sequencer
10.5.6.2.2 Argentina Agrigenomics Market by Application
10.5.6.2.3 Argentina Agrigenomics Market by Objective

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. AGRIGENOMICS MARKET, KEY COMPANY PROFILES
12.1. AGILENT TECHNOLOGIES INC.
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. AGRIGENOMICS' INC.
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. BIOGENETIC SERVICES' INC.
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. EUROFINS SCIENTIFIC SE
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. GALSEQ SRL VIA ITALIA
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. ILLUMINA, INC.
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. LGS LIMITED
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. NEOGEN CORPORATION
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. THERMO FISHER SCIENTIFIC INC.
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. ZOETIS' INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Agilent Technologies Inc.
2. Agrigenomics' Inc.
3. Biogenetic Services' Inc.
4. Eurofins Scientific Se
5. Galseq Srl Via Italia
6. Illumina, Inc.
7. LGS Limited
8. Neogen Corporation
9. Thermo Fisher Scientific Inc.
10. Zoetis' 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.

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