Desiccated coconut is shredded, chipped, or powdered coconut meat, which has been dried out. Desiccated coconut is generally prepared by removing natural moisture from the coconut fruit. It snow-white in appearance with a fresh sweetness and nutty flavour. It is also available in different varieties like sweetened, toasted and toasted sweetened. It is derived from coconut that is predominantly obtained in the Southeast Asian Countries and is traded worldwide. It is used for making cookies, pastries, desserts, cakes, puddings, etc.
MARKET DYNAMICS
Coconut nowadays is used vastly in bakery goods, confectionaries, coffee, and so on. So an increase in demand for these things will have a direct impact on the market of desiccated coconut. As the consumer is becoming highly conscious of their feeding habits and becoming more health-conscious, the demand of desiccated coconut is increasing as it is considered rich in vitamins and minerals. Majority of the population is oriented towards convenience and is starting to opt for desiccated version because of how easy it is to use it while making many dishes. It also used in breakfast cereals, so an increase in demand for breakfast cereals will also cause a rise in demand for desiccated coconut. Due to this COVID pandemic, the demand will fall because of the disruptions in the supply chain. The coconut obtained cannot be exported in this pandemic and will affect the supply of desiccated coconut.
MARKET SCOPE
The "Global Desiccated Coconut 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 desiccated coconut market with detailed market segmentation by type, grade, end user, distribution channels and geography. The global desiccated coconut market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading desiccated coconut market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global desiccated coconut market is segmented on the basis of type, grade, end user and distribution channels. On the basis of type the market is segmented into full fat and reduced fat. On the basis of grade the market is segmented into fine grade and medium grade. On the basis of end user the market is segmented into households, food & beverages industry, and food service industry. On the basis of distribution channel the market is segmented into Direct/B2B, Supermarkets/Hypermarkets, Convenience Stores, Retail Stores, Online, 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 desiccated coconut 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 desiccated coconut 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 desiccated coconut 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 desiccated coconut 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 desiccated coconut 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 desiccated coconut 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 desiccated coconut 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 desiccated coconut market in these regions.
MARKET PLAYERS
The reports cover key developments in the desiccated coconut 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 desiccated coconut market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the desiccated coconut market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the desiccated coconut 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.
- PT.Global Coconut
- KKP Industries
- Adamjee Lukmanjee & Sons (Pvt) Ltd
- South India Industries
- PT. Pacific Eastern Coconut Utama
- Super Coco Company
- Greenville Agro Corporation
- Royce Food Corporation
- Primex Group of Companies
- CBL Natural Foods (Pvt) Ltd
The Insight Partner 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.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Desiccated Coconut Market - By Type
1.3.2Desiccated Coconut Market - By Grade
1.3.3Desiccated Coconut Market - By End User
1.3.4Desiccated Coconut Market - By Distribution Channels
1.3.5Desiccated Coconut Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DESICCATED COCONUT MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.EXPERT OPINIONS
5.DESICCATED COCONUT 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.DESICCATED COCONUT MARKET - GLOBAL MARKET ANALYSIS
6.1.DESICCATED COCONUT - GLOBAL MARKET OVERVIEW
6.2.DESICCATED COCONUT - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DESICCATED COCONUT MARKET - REVENUE AND FORECASTS TO 2028 " TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.FULL FAT
7.3.1.Overview
7.3.2.Full fat Market Forecast and Analysis
7.4.REDUCED FAT
7.4.1.Overview
7.4.2.Reduced fat Market Forecast and Analysis
8.DESICCATED COCONUT MARKET - REVENUE AND FORECASTS TO 2028 " GRADE
8.1.OVERVIEW
8.2.GRADE MARKET FORECASTS AND ANALYSIS
8.3.FINE GRADE
8.3.1.Overview
8.3.2.Fine grade Market Forecast and Analysis
8.4.MEDIUM GRADE
8.4.1.Overview
8.4.2.Medium grade Market Forecast and Analysis
9.DESICCATED COCONUT MARKET - REVENUE AND FORECASTS TO 2028 " END USER
9.1.OVERVIEW
9.2.END USER MARKET FORECASTS AND ANALYSIS
9.3.HOUSEHOLD
9.3.1.Overview
9.3.2.Household Market Forecast and Analysis
9.4.FOOD AND BEVERAGE INDUSTRY
9.4.1.Overview
9.4.2.Food and Beverage Industry Market Forecast and Analysis
9.5.FOOD SERVICE INDUSTRY
9.5.1.Overview
9.5.2.Food Service Industry Market Forecast and Analysis
10.DESICCATED COCONUT MARKET - REVENUE AND FORECASTS TO 2028 " DISTRIBUTION CHANNELS
10.1.OVERVIEW
10.2.DISTRIBUTION CHANNELS MARKET FORECASTS AND ANALYSIS
10.3.DIRECT/B2B
10.3.1.Overview
10.3.2.Direct/B2B Market Forecast and Analysis
10.4.SUPERMARKET AND HYPERMARKET
10.4.1.Overview
10.4.2.Supermarket and Hypermarket Market Forecast and Analysis
10.5.CONVENIENCE STORES
10.5.1.Overview
10.5.2.Convenience Stores Market Forecast and Analysis
10.6.ONLINE
10.6.1.Overview
10.6.2.Online Market Forecast and Analysis
10.7.OTHERS
10.7.1.Overview
10.7.2.others Market Forecast and Analysis
11.DESICCATED COCONUT MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Desiccated Coconut Market Overview
11.1.2North America Desiccated Coconut Market Forecasts and Analysis
11.1.3North America Desiccated Coconut Market Forecasts and Analysis - By Type
11.1.4North America Desiccated Coconut Market Forecasts and Analysis - By Grade
11.1.5North America Desiccated Coconut Market Forecasts and Analysis - By End User
11.1.6North America Desiccated Coconut Market Forecasts and Analysis - By Distribution Channels
11.1.7North America Desiccated Coconut Market Forecasts and Analysis - By Countries
11.1.7.1United States Desiccated Coconut Market
11.1.7.1.1United States Desiccated Coconut Market by Type
11.1.7.1.2United States Desiccated Coconut Market by Grade
11.1.7.1.3United States Desiccated Coconut Market by End User
11.1.7.1.4United States Desiccated Coconut Market by Distribution Channels
11.1.7.2Canada Desiccated Coconut Market
11.1.7.2.1Canada Desiccated Coconut Market by Type
11.1.7.2.2Canada Desiccated Coconut Market by Grade
11.1.7.2.3Canada Desiccated Coconut Market by End User
11.1.7.2.4Canada Desiccated Coconut Market by Distribution Channels
11.1.7.3Mexico Desiccated Coconut Market
11.1.7.3.1Mexico Desiccated Coconut Market by Type
11.1.7.3.2Mexico Desiccated Coconut Market by Grade
11.1.7.3.3Mexico Desiccated Coconut Market by End User
11.1.7.3.4Mexico Desiccated Coconut Market by Distribution Channels
11.2.EUROPE
11.2.1Europe Desiccated Coconut Market Overview
11.2.2Europe Desiccated Coconut Market Forecasts and Analysis
11.2.3Europe Desiccated Coconut Market Forecasts and Analysis - By Type
11.2.4Europe Desiccated Coconut Market Forecasts and Analysis - By Grade
11.2.5Europe Desiccated Coconut Market Forecasts and Analysis - By End User
11.2.6Europe Desiccated Coconut Market Forecasts and Analysis - By Distribution Channels
11.2.7Europe Desiccated Coconut Market Forecasts and Analysis - By Countries
11.2.7.1Germany Desiccated Coconut Market
11.2.7.1.1Germany Desiccated Coconut Market by Type
11.2.7.1.2Germany Desiccated Coconut Market by Grade
11.2.7.1.3Germany Desiccated Coconut Market by End User
11.2.7.1.4Germany Desiccated Coconut Market by Distribution Channels
11.2.7.2France Desiccated Coconut Market
11.2.7.2.1France Desiccated Coconut Market by Type
11.2.7.2.2France Desiccated Coconut Market by Grade
11.2.7.2.3France Desiccated Coconut Market by End User
11.2.7.2.4France Desiccated Coconut Market by Distribution Channels
11.2.7.3Italy Desiccated Coconut Market
11.2.7.3.1Italy Desiccated Coconut Market by Type
11.2.7.3.2Italy Desiccated Coconut Market by Grade
11.2.7.3.3Italy Desiccated Coconut Market by End User
11.2.7.3.4Italy Desiccated Coconut Market by Distribution Channels
11.2.7.4United Kingdom Desiccated Coconut Market
11.2.7.4.1United Kingdom Desiccated Coconut Market by Type
11.2.7.4.2United Kingdom Desiccated Coconut Market by Grade
11.2.7.4.3United Kingdom Desiccated Coconut Market by End User
11.2.7.4.4United Kingdom Desiccated Coconut Market by Distribution Channels
11.2.7.5Russia Desiccated Coconut Market
11.2.7.5.1Russia Desiccated Coconut Market by Type
11.2.7.5.2Russia Desiccated Coconut Market by Grade
11.2.7.5.3Russia Desiccated Coconut Market by End User
11.2.7.5.4Russia Desiccated Coconut Market by Distribution Channels
11.2.7.6Rest of Europe Desiccated Coconut Market
11.2.7.6.1Rest of Europe Desiccated Coconut Market by Type
11.2.7.6.2Rest of Europe Desiccated Coconut Market by Grade
11.2.7.6.3Rest of Europe Desiccated Coconut Market by End User
11.2.7.6.4Rest of Europe Desiccated Coconut Market by Distribution Channels
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Desiccated Coconut Market Overview
11.3.2Asia-Pacific Desiccated Coconut Market Forecasts and Analysis
11.3.3Asia-Pacific Desiccated Coconut Market Forecasts and Analysis - By Type
11.3.4Asia-Pacific Desiccated Coconut Market Forecasts and Analysis - By Grade
11.3.5Asia-Pacific Desiccated Coconut Market Forecasts and Analysis - By End User
11.3.6Asia-Pacific Desiccated Coconut Market Forecasts and Analysis - By Distribution Channels
11.3.7Asia-Pacific Desiccated Coconut Market Forecasts and Analysis - By Countries
11.3.7.1Australia Desiccated Coconut Market
11.3.7.1.1Australia Desiccated Coconut Market by Type
11.3.7.1.2Australia Desiccated Coconut Market by Grade
11.3.7.1.3Australia Desiccated Coconut Market by End User
11.3.7.1.4Australia Desiccated Coconut Market by Distribution Channels
11.3.7.2China Desiccated Coconut Market
11.3.7.2.1China Desiccated Coconut Market by Type
11.3.7.2.2China Desiccated Coconut Market by Grade
11.3.7.2.3China Desiccated Coconut Market by End User
11.3.7.2.4China Desiccated Coconut Market by Distribution Channels
11.3.7.3India Desiccated Coconut Market
11.3.7.3.1India Desiccated Coconut Market by Type
11.3.7.3.2India Desiccated Coconut Market by Grade
11.3.7.3.3India Desiccated Coconut Market by End User
11.3.7.3.4India Desiccated Coconut Market by Distribution Channels
11.3.7.4Japan Desiccated Coconut Market
11.3.7.4.1Japan Desiccated Coconut Market by Type
11.3.7.4.2Japan Desiccated Coconut Market by Grade
11.3.7.4.3Japan Desiccated Coconut Market by End User
11.3.7.4.4Japan Desiccated Coconut Market by Distribution Channels
11.3.7.5South Korea Desiccated Coconut Market
11.3.7.5.1South Korea Desiccated Coconut Market by Type
11.3.7.5.2South Korea Desiccated Coconut Market by Grade
11.3.7.5.3South Korea Desiccated Coconut Market by End User
11.3.7.5.4South Korea Desiccated Coconut Market by Distribution Channels
11.3.7.6Rest of Asia-Pacific Desiccated Coconut Market
11.3.7.6.1Rest of Asia-Pacific Desiccated Coconut Market by Type
11.3.7.6.2Rest of Asia-Pacific Desiccated Coconut Market by Grade
11.3.7.6.3Rest of Asia-Pacific Desiccated Coconut Market by End User
11.3.7.6.4Rest of Asia-Pacific Desiccated Coconut Market by Distribution Channels
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Desiccated Coconut Market Overview
11.4.2Middle East and Africa Desiccated Coconut Market Forecasts and Analysis
11.4.3Middle East and Africa Desiccated Coconut Market Forecasts and Analysis - By Type
11.4.4Middle East and Africa Desiccated Coconut Market Forecasts and Analysis - By Grade
11.4.5Middle East and Africa Desiccated Coconut Market Forecasts and Analysis - By End User
11.4.6Middle East and Africa Desiccated Coconut Market Forecasts and Analysis - By Distribution Channels
11.4.7Middle East and Africa Desiccated Coconut Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Desiccated Coconut Market
11.4.7.1.1South Africa Desiccated Coconut Market by Type
11.4.7.1.2South Africa Desiccated Coconut Market by Grade
11.4.7.1.3South Africa Desiccated Coconut Market by End User
11.4.7.1.4South Africa Desiccated Coconut Market by Distribution Channels
11.4.7.2Saudi Arabia Desiccated Coconut Market
11.4.7.2.1Saudi Arabia Desiccated Coconut Market by Type
11.4.7.2.2Saudi Arabia Desiccated Coconut Market by Grade
11.4.7.2.3Saudi Arabia Desiccated Coconut Market by End User
11.4.7.2.4Saudi Arabia Desiccated Coconut Market by Distribution Channels
11.4.7.3U.A.E Desiccated Coconut Market
11.4.7.3.1U.A.E Desiccated Coconut Market by Type
11.4.7.3.2U.A.E Desiccated Coconut Market by Grade
11.4.7.3.3U.A.E Desiccated Coconut Market by End User
11.4.7.3.4U.A.E Desiccated Coconut Market by Distribution Channels
11.4.7.4Rest of Middle East and Africa Desiccated Coconut Market
11.4.7.4.1Rest of Middle East and Africa Desiccated Coconut Market by Type
11.4.7.4.2Rest of Middle East and Africa Desiccated Coconut Market by Grade
11.4.7.4.3Rest of Middle East and Africa Desiccated Coconut Market by End User
11.4.7.4.4Rest of Middle East and Africa Desiccated Coconut Market by Distribution Channels
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Desiccated Coconut Market Overview
11.5.2South and Central America Desiccated Coconut Market Forecasts and Analysis
11.5.3South and Central America Desiccated Coconut Market Forecasts and Analysis - By Type
11.5.4South and Central America Desiccated Coconut Market Forecasts and Analysis - By Grade
11.5.5South and Central America Desiccated Coconut Market Forecasts and Analysis - By End User
11.5.6South and Central America Desiccated Coconut Market Forecasts and Analysis - By Distribution Channels
11.5.7South and Central America Desiccated Coconut Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Desiccated Coconut Market
11.5.7.1.1Brazil Desiccated Coconut Market by Type
11.5.7.1.2Brazil Desiccated Coconut Market by Grade
11.5.7.1.3Brazil Desiccated Coconut Market by End User
11.5.7.1.4Brazil Desiccated Coconut Market by Distribution Channels
11.5.7.2Argentina Desiccated Coconut Market
11.5.7.2.1Argentina Desiccated Coconut Market by Type
11.5.7.2.2Argentina Desiccated Coconut Market by Grade
11.5.7.2.3Argentina Desiccated Coconut Market by End User
11.5.7.2.4Argentina Desiccated Coconut Market by Distribution Channels
11.5.7.3Rest of South and Central America Desiccated Coconut Market
11.5.7.3.1Rest of South and Central America Desiccated Coconut Market by Type
11.5.7.3.2Rest of South and Central America Desiccated Coconut Market by Grade
11.5.7.3.3Rest of South and Central America Desiccated Coconut Market by End User
11.5.7.3.4Rest of South and Central America Desiccated Coconut Market by Distribution Channels
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.DESICCATED COCONUT MARKET, KEY COMPANY PROFILES
13.1.ADAMJEE LUKMANJEE AND SONS (PVT) LTD
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.CBL NATURAL FOODS (PVT) LTD
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.GREENVILLE AGRO CORPORATION
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.KKP INDUSTRIES
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.PRIMEX GROUP OF COMPANIES
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.PT.GLOBAL COCONUT
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.PT. PACIFIC EASTERN COCONUT UTAMA
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.ROYCE FOOD CORPORATION
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.SOUTH INDIA INDUSTRIES
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.SUPER COCO COMPANY
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
1. Adamjee Lukmanjee and Sons (Pvt) Ltd
2. CBL Natural Foods (Pvt) Ltd
3. Greenville Agro Corporation
4. KKP Industries
5. Primex Group of Companies
6. PT.Global Coconut
7. PT. Pacific Eastern Coconut Utama
8. Royce Food Corporation
9. South India Industries
10. Super Coco Company
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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