The Europe avocado oil market is expected to grow from US$ 120.30 million in 2018 to US$ 257.05 million by 2027; it is estimated to grow at a CAGR of 8.9% from 2019 to 2027.
UK, Germany, France, Italy are major economies in Europe. The rise in lifestyle disorders such as diabetes, obesity, cardiovascular disorders, etc. due to the high consumption of high-fat butter and oils is projected to increase the demand for healthy oils such as avocado oil. Incidences of lifestyle diseases are mounting across the globe. According to the World Health Organization (WHO), more than 17 million people across the world die of cardiovascular diseases (CVD) each year, mainly due to strokes and heart attacks. Cardiovascular diseases occur almost equally among men and women. Although heart attacks and strokes are the major reason for death in major parts of the world, 80% of premature deaths causes can be avoided by controlling the main risk factors such as physical inactivity and unhealthy diet. Therefore, awareness regarding health issues and suitable precautionary measures have gained increased importance ever since. Medical experts and scientists have been researching various natural treatments for such chronic diseases. This has pushed the research on avocado oil owing to the health benefits associated with its consumption. High blood cholesterol and high blood pressure are prominent risk factors for heart disease. Various other medical conditions and lifestyle choices also put people at a higher risk for heart disease, including overweight and obesity, diabetes, unhealthy diet, physical inactivity, and excessive alcohol use. Likewise, according to European Heart Network AISBL, each year, cardiovascular disease (CVD) causes 3.9 million deaths in Europe and over 1.8 million deaths in the European Union (EU). CVD accounts for 45% of all deaths in Europe and 37% of all deaths in the EU. Therefore, increasing prevalence of cardiovascular and lifestyle disorders is boosting the demand for healthy foods and ingredients such as avocado oil.
As the COVID 19 pandemic continues to grow, it has hampered the avocado oil market in Europe. The major countries in the Europe region are under lockdown. In many countries of Europe, where the newest strain of the coronavirus (COVID-19) has made an impact, isolation and social distancing measures have been put in place. The lesser production of goods and commodities is hampering the growth of Europe avocado oil market as the demand for these solution has weekend over the past couple of months.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe avocado oil market. The Europe avocado oil market is expected to grow at a good CAGR during the forecast period.
Europe avocado oil Market Revenue and Forecast to 2027 (US$ Mn)
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Europe avocado oil market, by Type
- Extra virgin,
- Virgin,
- Refined
- Blends
Europe avocado oil market, by Nature
- Organic
- Conventional
Europe avocado oil market – by Variety
- Hass
- Pinkerton
- Fuerte
- Gwen
- Others
Europe avocado oil market – By Application
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Others
Europe avocado oil market – By distribution channel
- Hypermarkets and Supermarkets
- Specialty Stores
- Online Stores
- Others
Europe avocado oil market – By Country
- UK
- France
- Italy
- Germany
- Russia
- Rest of Europe
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Nature, Variety, Application, and Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Stores, and Others
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Avocado Oil Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Expert Opinion
5. Avocado Oil Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Heathier lifestyle Offered by Avocado Oil
5.1.2 A rise in Lifestyle Disorders
5.2 Market Restraints
5.2.1 Substitutes are easily available for Avocado Oil
5.3 Market Opportunities
5.3.1 Increasing Demand for Organic Avocado Oil
5.4 Future Trends
5.4.1 Emerging Demand for Avocado Oil From Asia Pacific Region
5.5 Impact Analysis of Drivers and Restraints
6. Avocado Oil –Market Analysis
6.1 Avocado Oil Market Overview
6.2 Europe Avocado Oil Market –Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning – Market Players Ranking
7. Avocado Oil Market Analysis – By Type
7.1 Overview
7.2 Europe Avocado Oil Market, By Type (2018 and 2027)
7.3 Extra Virgin
7.3.1 Overview
7.3.1.1 Extra Virgin: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
7.4 Virgin
7.4.1 Overview
7.4.1.1 Virgin: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
7.5 Refined
7.5.1 Overview
7.5.1.1 Refined: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
7.6 Blends
7.6.1 Overview
7.6.1.1 Blends: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
8. Avocado Oil Market Analysis – By Nature
8.1 Overview
8.2 Europe Avocado Oil Market, By Nature (2018 and 2027)
8.3 Organic
8.3.1 Overview
8.3.1.1 Organic: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Conventional
8.4.1 Overview
8.4.1.1 Conventional: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
9. Avocado Oil Market Analysis – By Variety
9.1 Overview
9.2 Europe Avocado Oil Market, By Variety (2018 and 2027)
9.3 Hass
9.3.1 Overview
9.3.1.1 Hass: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
9.4 Pinkerton
9.4.1 Overview
9.4.1.1 Pinkerton: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
9.5 Fuerte
9.5.1 Overview
9.5.1.1 Fuerte: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
9.6 Gwen
9.6.1 Overview
9.6.1.1 Gwen: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.1.1 Others: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
10. Avocado Oil Market Analysis – By Application
10.1 Overview
10.2 Europe Avocado Oil Market, By Application (2018 and 2027)
10.3 Food and Beverages
10.3.1 Overview
10.3.1.1 Food and Beverages: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
10.4 Pharmaceuticals
10.4.1 Overview
10.4.1.1 Pharmaceuticals: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
10.5 Cosmetics
10.5.1 Overview
10.5.1.1 Cosmetics: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
10.6 Others
10.6.1 Overview
10.6.1.1 Others: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
11. Avocado Oil Market Analysis – By Distribution Channel
11.1 Overview
11.2 Europe Avocado Oil Market, By distribution channel (2018 and 2027)
11.3 Hypermarkets and Supermarkets
11.3.1 Overview
11.3.1.1 Hypermarkets and Supermarkets: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
11.4 Specialty Stores
11.4.1 Overview
11.4.1.1 Specialty Stores: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
11.5 Online Stores
11.5.1 Overview
11.5.1.1 Online Stores: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
11.6 Others
11.6.1 Overview
11.6.1.1 Others: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
12. Avocado Oil Market – Country Analysis
12.1 Overview
12.1.1 Europe Avocado Oil Market Breakdown, by Key Countries
12.1.1.1 Germany Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.1.1 Germany Avocado Oil Market Breakdown by Type
12.1.1.1.2 Germany Avocado Oil Market Breakdown by Nature
12.1.1.1.3 Germany Avocado Oil Market Breakdown by Variety
12.1.1.1.4 Germany Avocado Oil Market Breakdown by Application
12.1.1.1.5 Germany Avocado Oil Market Breakdown by Distribution Channel
12.1.1.2 France Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.2.1 France Avocado Oil Market Breakdown by Type
12.1.1.2.2 France Avocado Oil Market Breakdown by Nature
12.1.1.2.3 France Avocado Oil Market Breakdown by Variety
12.1.1.2.4 France Avocado Oil Market Breakdown by Application
12.1.1.2.5 France Avocado Oil Market Breakdown by Distribution Channel
12.1.1.3 Italy Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.3.1 Italy Avocado Oil Market Breakdown by Type
12.1.1.3.2 Italy Avocado Oil Market Breakdown by Nature
12.1.1.3.3 Italy Avocado Oil Market Breakdown by Variety
12.1.1.3.4 Italy Avocado Oil Market Breakdown by Application
12.1.1.3.5 Italy Avocado Oil Market Breakdown by Distribution Channel
12.1.1.4 UK Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.4.1 UK Avocado Oil Market Breakdown by Type
12.1.1.4.2 UK Avocado Oil Market Breakdown by Nature
12.1.1.4.3 UK Avocado Oil Market Breakdown by Variety
12.1.1.4.4 UK Avocado Oil Market Breakdown by Application
12.1.1.4.5 UK Avocado Oil Market Breakdown by Distribution Channel
12.1.1.5 Russia Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.5.1 Russia Avocado Oil Market Breakdown by Type
12.1.1.5.2 Russia Avocado Oil Market Breakdown by Nature
12.1.1.5.3 Russia Avocado Oil Market Breakdown by Variety
12.1.1.5.4 Russia Avocado Oil Market Breakdown by Application
12.1.1.5.5 Russia Avocado Oil Market Breakdown by Distribution Channel
12.1.1.6 Rest of Europe Avocado Oil Market Revenue and Forecast to 2027 (US$ Mn)
12.1.1.6.1 Rest of Europe Avocado Oil Market Breakdown by Type
12.1.1.6.2 Rest of Europe Avocado Oil Market Breakdown by Nature
12.1.1.6.3 Rest of Europe Avocado Oil Market Breakdown by Variety
12.1.1.6.4 Rest of Europe Avocado Oil Market Breakdown by Application
12.1.1.6.5 Rest of Europe Avocado Oil Market Breakdown by Distribution Channel
13. Impact of COVID-19 Pandemic on Europe Avocado Oil Market
13.1 Europe: Impact Assessment of COVID-19 Pandemic
14. Company Profiles
14.1 Avocado Health Limited
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.2 CROFTS LTD
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.3 La Tourangelle, Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Olivado USA
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.5 Sesajal S.A de C.V.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.6 Spectrum Organics Products, LLC (Hain Celestial Group, Inc.)
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Europe Avocado Oil Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. Germany Avocado Oil Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 3. Germany Avocado Oil Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 4. Germany Avocado Oil Market, by Variety – Revenue and Forecast to 2027 (USD Million)
Table 5. Germany Avocado Oil Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 6. Germany Avocado Oil Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 7. France Avocado Oil Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 8. France Avocado Oil Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 9. France Avocado Oil Market, by Variety – Revenue and Forecast to 2027 (USD Million)
Table 10. France Avocado Oil Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 11. France Avocado Oil Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 12. Italy Avocado Oil Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 13. Italy Avocado Oil Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 14. Italy Avocado Oil Market, by Variety – Revenue and Forecast to 2027 (USD Million)
Table 15. Italy Avocado Oil Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 16. Italy Avocado Oil Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 17. UK Avocado Oil Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 18. UK Avocado Oil Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 19. UK Avocado Oil Market, by Variety – Revenue and Forecast to 2027 (USD Million)
Table 20. UK Avocado Oil Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 21. UK Avocado Oil Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 22. Russia Avocado Oil Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 23. Russia Avocado Oil Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 24. Russia Avocado Oil Market, by Variety – Revenue and Forecast to 2027 (USD Million)
Table 25. Russia Avocado Oil Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 26. Russia Avocado Oil Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 27. Rest of Europe Avocado Oil Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 28. Rest of Europe Avocado Oil Market, by Nature – Revenue and Forecast to 2027 (USD Million)
Table 29. Rest of Europe Avocado Oil Market, by Variety – Revenue and Forecast to 2027 (USD Million)
Table 30. Rest of Europe Avocado Oil Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 31. Rest of Europe Avocado Oil Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 32. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Avocado Oil Market Segmentation
Figure 2. Europe Avocado Oil Market Segmentation – By Country
Figure 3. Europe Avocado Oil Market Overview
Figure 4. Food and Beverages Held Largest Share of Europe Avocado Oil Market
Figure 5. France Region Held Largest Share of Europe Avocado Oil Market
Figure 6. Europe Avocado Oil Market, Industry Landscape
Figure 7. Europe – PEST Analysis
Figure 8. Expert Opinion
Figure 9. Europe Avocado Oil Market Impact Analysis Of Driver And Restraints
Figure 10. Europe: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Europe Avocado Oil Market Revenue Share, by Type (2018 and 2027)
Figure 12. Europe Extra Virgin: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 13. Europe Virgin: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. Europe Refined: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. Europe Blends: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. Europe Avocado Oil Market Revenue Share, by Nature (2018 and 2027)
Figure 17. Europe Organic: Avocado Oil Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 18. Europe Conventional: Avocado Oil Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Europe Avocado Oil Market Revenue Share, by Variety (2018 and 2027)
Figure 20. Europe Hass: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Europe Pinkerton: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Europe Fuerte: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Europe Gwen: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 24. Europe Others: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 25. Europe Avocado Oil Market Revenue Share, by Application (2018 and 2027)
Figure 26. Europe Food and Beverages: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Europe Pharmaceuticals: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 28. Europe Cosmetics: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Europe Others: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Europe Avocado Oil Market Revenue Share, by distribution channel (2018 and 2027)
Figure 31. Europe Hypermarkets and Supermarkets: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Europe Specialty Stores: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Europe Online Stores: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 34. Europe Others: Avocado Oil Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Europe Avocado Oil Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 36. Germany Avocado Oil Market Forecasts To 2027 (US$ Mn)
Figure 37. France Avocado Oil Market Forecasts To 2027 (US$ Mn)
Figure 38. Italy Avocado Oil Market Forecasts To 2027 (US$ Mn)
Figure 39. UK Avocado Oil Market Forecasts To 2027 (US$ Mn)
Figure 40. Russia Avocado Oil Market Forecasts To 2027 (US$ Mn)
Figure 41. Rest of Europe Avocado Oil Market Forecasts To 2027 (US$ Mn)
Figure 42. Impact of COVID-19 Pandemic in Europe Country Markets
The List of Companies - Europe Avocado Oil Market
- Avocado Health Limited
- Crofts ltd
- La Tourangelle, Inc.
- Olivado USA
- Sesajal S.A. de C.V.
- Spectrum Organics Products, LLC (Hain Celestial Group, Inc.)
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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