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

Coverage: Craft Cider Market covers analysis By Type  (Apple, Pear, Cranberry, Others); Category (Sweet Cider, Dry Cider); Packaging Type (Cans, Bottles, Others); Distribution Channel (On-trade, Off-trade) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00016585
  • Category : Food and Beverages
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The craft cider is produced using new squeezed organic product juice, generally squeezed apple, which is then aged normally, while the cycle can be constrained by the presentation of juice, wine, or champagne yeasts. Aging permits the characteristic sugar of the natural product to go to liquor (juice) that can be matured or made to offer a definitive taste insight. Also, craft cider is made in more modest groups contrasted with business juice without the utilization of any concentrates and added substances, and limits the utilization of sugar. These are the key components prompting worldwide interest for craft cider, further quickened by the adjustment in shopper practices.

MARKET DYNAMICS

Ascend as consumers continued looking for neighborhood and true items, particularly among millennial segment, alongside their developing revenue in thinking about different elements of the items is required to affect the advancement of craft cider market. Expanding appropriation of non-purified and non-carbonated refreshments has affected makes to zero in on item advancements and decrease the utilization of fake sugars and added substances which thusly is probably going to fuel the development of craft cider market. Furthermore, raising interest for aged refreshments and for natural fixings in art juices alongside persistent endeavors on item advertising is anticipated to be profoundly effective on the worldwide development of craft cider market.

MARKET SCOPE

The "Global Craft Cider Market Analysis to 2028" 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 craft cider market with detailed market segmentation by type, category, packaging type, distribution channel and geography. The global craft cider market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading craft cider market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global craft cider market is segmented on the basis of type, category, packaging type and distribution channel. Based on type the craft cider market is segmented into apple, cranberry, pear and others. BY category the market is classified into sweet cider and dry cider. Based on packaging type the craft cider market is divided into cans, bottles and others. By distribution channel the market is segmented into on-trade and off-trade.

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 craft cider market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The craft cider 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 craft cider 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 craft cider market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global craft cider market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The craft cider 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 craft cider 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 craft cider market in these regions.

MARKET PLAYERS

The reports cover key developments in the craft cider 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 craft cider market are anticipated to lucrative growth opportunities in the future with the rising demand for craft cider in the global market. Below mentioned is the list of few companies engaged in the craft cider market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the craft cider 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.

  •   Anheuser-Busch
  •   Molson Coors Brewing Company
  •   Heineken N.V.
  •   Boston Beer Company
  •   C and C Group plc
  •   The Kent Cider Company
  •   Carlsberg Breweries A/S
  •   Vander Mill Ciders
  •   Ardiel Cider House
  •   Crispin Cider Co

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
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 Craft Cider Market - By Type 
1.3.2 Craft Cider Market - By Category
1.3.3 Craft Cider Market - By Packaging Type
1.3.4 Craft Cider Market - By Distribution Channel
1.3.5 Craft Cider Market - By Region
1.3.5.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. CRAFT CIDER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. CRAFT CIDER 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. CRAFT CIDER MARKET - GLOBAL MARKET ANALYSIS
6.1. CRAFT CIDER - GLOBAL MARKET OVERVIEW
6.2. CRAFT CIDER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. CRAFT CIDER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE 
7.1. OVERVIEW
7.2. TYPE  MARKET FORECASTS AND ANALYSIS
7.3. APPLE
7.3.1. Overview
7.3.2. Apple Market Forecast and Analysis
7.4. PEAR
7.4.1. Overview
7.4.2. Pear Market Forecast and Analysis
7.5. CRANBERRY
7.5.1. Overview
7.5.2. Cranberry Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. CRAFT CIDER MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
8.1. OVERVIEW
8.2. CATEGORY MARKET FORECASTS AND ANALYSIS
8.3. SWEET CIDER
8.3.1. Overview
8.3.2. Sweet Cider Market Forecast and Analysis
8.4. DRY CIDER
8.4.1. Overview
8.4.2. Dry Cider Market Forecast and Analysis
9. CRAFT CIDER MARKET - REVENUE AND FORECASTS TO 2028 - PACKAGING TYPE
9.1. OVERVIEW
9.2. PACKAGING TYPE MARKET FORECASTS AND ANALYSIS
9.3. CANS
9.3.1. Overview
9.3.2. Cans Market Forecast and Analysis
9.4. BOTTLES
9.4.1. Overview
9.4.2. Bottles Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. CRAFT CIDER MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
10.1. OVERVIEW
10.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
10.3. ON-TRADE
10.3.1. Overview
10.3.2. On-trade Market Forecast and Analysis
10.4. OFF-TRADE
10.4.1. Overview
10.4.2. Off-trade Market Forecast and Analysis

11. CRAFT CIDER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Craft Cider Market Overview
11.1.2 North America Craft Cider Market Forecasts and Analysis
11.1.3 North America Craft Cider Market Forecasts and Analysis - By Type 
11.1.4 North America Craft Cider Market Forecasts and Analysis - By Category
11.1.5 North America Craft Cider Market Forecasts and Analysis - By Packaging Type
11.1.6 North America Craft Cider Market Forecasts and Analysis - By Distribution Channel
11.1.7 North America Craft Cider Market Forecasts and Analysis - By Countries
11.1.7.1 United States Craft Cider Market
11.1.7.1.1 United States Craft Cider Market by Type 
11.1.7.1.2 United States Craft Cider Market by Category
11.1.7.1.3 United States Craft Cider Market by Packaging Type
11.1.7.1.4 United States Craft Cider Market by Distribution Channel
11.1.7.2 Canada Craft Cider Market
11.1.7.2.1 Canada Craft Cider Market by Type 
11.1.7.2.2 Canada Craft Cider Market by Category
11.1.7.2.3 Canada Craft Cider Market by Packaging Type
11.1.7.2.4 Canada Craft Cider Market by Distribution Channel
11.1.7.3 Mexico Craft Cider Market
11.1.7.3.1 Mexico Craft Cider Market by Type 
11.1.7.3.2 Mexico Craft Cider Market by Category
11.1.7.3.3 Mexico Craft Cider Market by Packaging Type
11.1.7.3.4 Mexico Craft Cider Market by Distribution Channel
11.2. EUROPE
11.2.1 Europe Craft Cider Market Overview
11.2.2 Europe Craft Cider Market Forecasts and Analysis
11.2.3 Europe Craft Cider Market Forecasts and Analysis - By Type 
11.2.4 Europe Craft Cider Market Forecasts and Analysis - By Category
11.2.5 Europe Craft Cider Market Forecasts and Analysis - By Packaging Type
11.2.6 Europe Craft Cider Market Forecasts and Analysis - By Distribution Channel
11.2.7 Europe Craft Cider Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Craft Cider Market
11.2.7.1.1 Germany Craft Cider Market by Type 
11.2.7.1.2 Germany Craft Cider Market by Category
11.2.7.1.3 Germany Craft Cider Market by Packaging Type
11.2.7.1.4 Germany Craft Cider Market by Distribution Channel
11.2.7.2 France Craft Cider Market
11.2.7.2.1 France Craft Cider Market by Type 
11.2.7.2.2 France Craft Cider Market by Category
11.2.7.2.3 France Craft Cider Market by Packaging Type
11.2.7.2.4 France Craft Cider Market by Distribution Channel
11.2.7.3 Italy Craft Cider Market
11.2.7.3.1 Italy Craft Cider Market by Type 
11.2.7.3.2 Italy Craft Cider Market by Category
11.2.7.3.3 Italy Craft Cider Market by Packaging Type
11.2.7.3.4 Italy Craft Cider Market by Distribution Channel
11.2.7.4 United Kingdom Craft Cider Market
11.2.7.4.1 United Kingdom Craft Cider Market by Type 
11.2.7.4.2 United Kingdom Craft Cider Market by Category
11.2.7.4.3 United Kingdom Craft Cider Market by Packaging Type
11.2.7.4.4 United Kingdom Craft Cider Market by Distribution Channel
11.2.7.5 Russia Craft Cider Market
11.2.7.5.1 Russia Craft Cider Market by Type 
11.2.7.5.2 Russia Craft Cider Market by Category
11.2.7.5.3 Russia Craft Cider Market by Packaging Type
11.2.7.5.4 Russia Craft Cider Market by Distribution Channel
11.2.7.6 Rest of Europe Craft Cider Market
11.2.7.6.1 Rest of Europe Craft Cider Market by Type 
11.2.7.6.2 Rest of Europe Craft Cider Market by Category
11.2.7.6.3 Rest of Europe Craft Cider Market by Packaging Type
11.2.7.6.4 Rest of Europe Craft Cider Market by Distribution Channel
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Craft Cider Market Overview
11.3.2 Asia-Pacific Craft Cider Market Forecasts and Analysis
11.3.3 Asia-Pacific Craft Cider Market Forecasts and Analysis - By Type 
11.3.4 Asia-Pacific Craft Cider Market Forecasts and Analysis - By Category
11.3.5 Asia-Pacific Craft Cider Market Forecasts and Analysis - By Packaging Type
11.3.6 Asia-Pacific Craft Cider Market Forecasts and Analysis - By Distribution Channel
11.3.7 Asia-Pacific Craft Cider Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Craft Cider Market
11.3.7.1.1 Australia Craft Cider Market by Type 
11.3.7.1.2 Australia Craft Cider Market by Category
11.3.7.1.3 Australia Craft Cider Market by Packaging Type
11.3.7.1.4 Australia Craft Cider Market by Distribution Channel
11.3.7.2 China Craft Cider Market
11.3.7.2.1 China Craft Cider Market by Type 
11.3.7.2.2 China Craft Cider Market by Category
11.3.7.2.3 China Craft Cider Market by Packaging Type
11.3.7.2.4 China Craft Cider Market by Distribution Channel
11.3.7.3 India Craft Cider Market
11.3.7.3.1 India Craft Cider Market by Type 
11.3.7.3.2 India Craft Cider Market by Category
11.3.7.3.3 India Craft Cider Market by Packaging Type
11.3.7.3.4 India Craft Cider Market by Distribution Channel
11.3.7.4 Japan Craft Cider Market
11.3.7.4.1 Japan Craft Cider Market by Type 
11.3.7.4.2 Japan Craft Cider Market by Category
11.3.7.4.3 Japan Craft Cider Market by Packaging Type
11.3.7.4.4 Japan Craft Cider Market by Distribution Channel
11.3.7.5 South Korea Craft Cider Market
11.3.7.5.1 South Korea Craft Cider Market by Type 
11.3.7.5.2 South Korea Craft Cider Market by Category
11.3.7.5.3 South Korea Craft Cider Market by Packaging Type
11.3.7.5.4 South Korea Craft Cider Market by Distribution Channel
11.3.7.6 Rest of Asia-Pacific Craft Cider Market
11.3.7.6.1 Rest of Asia-Pacific Craft Cider Market by Type 
11.3.7.6.2 Rest of Asia-Pacific Craft Cider Market by Category
11.3.7.6.3 Rest of Asia-Pacific Craft Cider Market by Packaging Type
11.3.7.6.4 Rest of Asia-Pacific Craft Cider Market by Distribution Channel
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Craft Cider Market Overview
11.4.2 Middle East and Africa Craft Cider Market Forecasts and Analysis
11.4.3 Middle East and Africa Craft Cider Market Forecasts and Analysis - By Type 
11.4.4 Middle East and Africa Craft Cider Market Forecasts and Analysis - By Category
11.4.5 Middle East and Africa Craft Cider Market Forecasts and Analysis - By Packaging Type
11.4.6 Middle East and Africa Craft Cider Market Forecasts and Analysis - By Distribution Channel
11.4.7 Middle East and Africa Craft Cider Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Craft Cider Market
11.4.7.1.1 South Africa Craft Cider Market by Type 
11.4.7.1.2 South Africa Craft Cider Market by Category
11.4.7.1.3 South Africa Craft Cider Market by Packaging Type
11.4.7.1.4 South Africa Craft Cider Market by Distribution Channel
11.4.7.2 Saudi Arabia Craft Cider Market
11.4.7.2.1 Saudi Arabia Craft Cider Market by Type 
11.4.7.2.2 Saudi Arabia Craft Cider Market by Category
11.4.7.2.3 Saudi Arabia Craft Cider Market by Packaging Type
11.4.7.2.4 Saudi Arabia Craft Cider Market by Distribution Channel
11.4.7.3 U.A.E Craft Cider Market
11.4.7.3.1 U.A.E Craft Cider Market by Type 
11.4.7.3.2 U.A.E Craft Cider Market by Category
11.4.7.3.3 U.A.E Craft Cider Market by Packaging Type
11.4.7.3.4 U.A.E Craft Cider Market by Distribution Channel
11.4.7.4 Rest of Middle East and Africa Craft Cider Market
11.4.7.4.1 Rest of Middle East and Africa Craft Cider Market by Type 
11.4.7.4.2 Rest of Middle East and Africa Craft Cider Market by Category
11.4.7.4.3 Rest of Middle East and Africa Craft Cider Market by Packaging Type
11.4.7.4.4 Rest of Middle East and Africa Craft Cider Market by Distribution Channel
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Craft Cider Market Overview
11.5.2 South and Central America Craft Cider Market Forecasts and Analysis
11.5.3 South and Central America Craft Cider Market Forecasts and Analysis - By Type 
11.5.4 South and Central America Craft Cider Market Forecasts and Analysis - By Category
11.5.5 South and Central America Craft Cider Market Forecasts and Analysis - By Packaging Type
11.5.6 South and Central America Craft Cider Market Forecasts and Analysis - By Distribution Channel
11.5.7 South and Central America Craft Cider Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Craft Cider Market
11.5.7.1.1 Brazil Craft Cider Market by Type 
11.5.7.1.2 Brazil Craft Cider Market by Category
11.5.7.1.3 Brazil Craft Cider Market by Packaging Type
11.5.7.1.4 Brazil Craft Cider Market by Distribution Channel
11.5.7.2 Argentina Craft Cider Market
11.5.7.2.1 Argentina Craft Cider Market by Type 
11.5.7.2.2 Argentina Craft Cider Market by Category
11.5.7.2.3 Argentina Craft Cider Market by Packaging Type
11.5.7.2.4 Argentina Craft Cider Market by Distribution Channel
11.5.7.3 Rest of South and Central America Craft Cider Market
11.5.7.3.1 Rest of South and Central America Craft Cider Market by Type 
11.5.7.3.2 Rest of South and Central America Craft Cider Market by Category
11.5.7.3.3 Rest of South and Central America Craft Cider Market by Packaging Type
11.5.7.3.4 Rest of South and Central America Craft Cider Market by Distribution Channel

12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13. CRAFT CIDER MARKET, KEY COMPANY PROFILES
13.1. ANHEUSER-BUSCH
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. MOLSON COORS BREWING COMPANY
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. HEINEKEN N.V.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. BOSTON BEER COMPANY
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. C AND C GROUP PLC
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. THE KENT CIDER COMPANY
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. CARLSBERG BREWERIES A/S
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. VANDER MILL CIDERS
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. CRISPIN CIDER CO
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. ARDIEL CIDER HOUSE
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments

14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. Anheuser-Busch
2. Molson Coors Brewing Company
3. Heineken N.V.
4. Boston Beer Company
5. C and C Group plc
6. The Kent Cider Company
7. Carlsberg Breweries A/S
8. Vander Mill Ciders
9. Crispin Cider Co
10. Ardiel Cider House

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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