.png)
Beta-Carotene Market by Source and Application - Global Industry Analysis and Forecast to 2023
Published On : April 2018 Pages : 90 Category: Nutraceuticals & Functional Foods Report Code : CM04691
SEGMENTS & REGIONS:
- Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa
Industry Outlook and Trend Analysis
The Beta-Carotene Market was worth USD billion in 2017 and is expected to reach approximately USD billion by 2023, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. The business is foreseen to witness a striking development throughout the following years. A huge increment in the beta-carotene usage in dietary supplements, personal care & cosmetics, animal feed, and personal care & cosmetics such is foreseen to positively affect the general development. The rising interest for common source carotene product is anticipated to enlarge the worldwide business development.
Source Outlook and Trend Analysis
Naturally, beta-carotene is extracted from green growth (Dunaliella salina), organic products and vegetable (pumpkin, carrot, sweet potato and others), palm oil, fungus, and fermentation of microorganisms. Green growth inferred beta-carotene represented more than % of aggregate income in 2017. The algae-based product is anticipated to witness relentless development incline over the figure time frame attributable to its different preferences over different sources. Manufactured sources represent a little offer in the worldwide business.
Application Outlook and Trend Analysis
Food & beverages were the most prevailing application and represented more than % of the aggregate worth in 2017. Beta-carotene is broadly used as a nourishment supplement and as a sustenance shading specialist in food production and beverage industry. The general sustenance and refreshments part is expected to demonstrate an amazing development all around finished the following couple of years. This ascent in nourishment and refreshments industry is anticipated to bring about the development of the business. Personal care & cosmetics is additionally expected to witness significant development throughout the following years.
Regional Outlook and Trend Analysis
Europe developed as the main shopper and represented more than % of worldwide request in 2017. The locale encounters the existence of an extensive number of makers and purchaser of the product with the most recent innovation. Europe is foreseen to witness a similar development slant in the coming years.
Competitive Insights
The leading players in the market are LycoRed Limited, BASF, Nutralliance, Foodchem International Corporation, DSM, Chr. Hansen, BioExtract, Zhejiang Medicine Co Ltd, DDW The Color House and Parry Nutraceuticals. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Beta-Carotene Market is segmented as follows-
By Source:
- Fruits & Vegetables
- Algae
- Synthetic
- Others
By Application:
- Dietary supplements
- Animal Feed
- Food & Beverages
- Cosmetics
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Beta-Carotene Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
· Food & Beverages
· Dietary Supplements
· Cosmetics
· Animal Feed
· Beta-Carotene Market, By Source, Estimates and Forecast, 2014-2023 ($Million)
· Algae
· Fruits & Vegetables
· Synthetic
· Other Sources
· Beta-Carotene Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Beta-Carotene Market, By Country
o U.S. Beta-Carotene Market
o Canada Beta-Carotene Market
o Mexico Beta-Carotene Market
· Europe
§ Europe Beta-Carotene Market, By Country
o Germany Beta-Carotene Market
o UK Beta-Carotene Market
o France Beta-Carotene Market
o Russia Beta-Carotene Market
o Italy Beta-Carotene Market
o Rest of Europe Beta-Carotene Market
· Asia-Pacific
§ Asia-Pacific Beta-Carotene Market, By Country
o China Beta-Carotene Market
o Japan Beta-Carotene Market
o South Korea Beta-Carotene Market
o India Beta-Carotene Market
o Southeast Asia Beta-Carotene Market
o Rest of Asia-Pacific Beta-Carotene Market
· South America
§ South America Beta-Carotene Market
o Brazil Beta-Carotene Market
o Argentina Beta-Carotene Market
o Columbia Beta-Carotene Market
o South Africa Beta-Carotene Market
o Rest of South America Beta-Carotene Market
· Middle East and Africa
§ Middle East and Africa Beta-Carotene Market
o Saudi Arabia Beta-Carotene Market
o UAE Beta-Carotene Market
o Egypt Beta-Carotene Market
o Nigeria Beta-Carotene Market
o South Africa Beta-Carotene Market
o Rest of MEA Beta-Carotene Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Beta-Carotene Market, By Application
5.1. Introduction
5.2. Global Beta-Carotene Sales, Revenue and Market Share by Application (2017-2017)
5.2.1. Global Beta-Carotene Sales and Sales Share by Application (2017-2017)
5.2.2. Global Beta-Carotene Revenue and Revenue Share by Application (2017-2017)
5.3. Beta-Carotene Market Assessment and Forecast, By Application, 2017-2023
5.4. Food & Beverages
5.4.1. Global Food & Beverages Sales and Growth Rate (2017-2027)
5.5. Dietary Supplements
5.5.1. Global Dietary Supplements Sales and Growth Rate (2017-2027)
5.6. Cosmetics
5.6.1. Global Cosmetics Sales and Growth Rate (2017-2027)
5.7. Animal Feed
5.7.1. Global Animal Feed Sales and Growth Rate (2017-2027)
6. Beta-Carotene Market, By Source
6.1. Introduction
6.2. Global Beta-Carotene Sales, Revenue and Market Share by Source (2017-2017)
6.2.1. Global Beta-Carotene Sales and Sales Share by Source (2017-2017)
6.2.2. Global Beta-Carotene Revenue and Revenue Share by Source (2017-2017)
6.3. The Beta-Carotene Market Assessment and Forecast, By Source, 2017-2023
6.4. Algae
6.4.1. Global Algae Sales and Growth Rate (2017-2027)
6.5. Fruits & Vegetables
6.5.1. Global Fruits & Vegetables Sales and Growth Rate (2017-2027)
6.6. Synthetic
6.6.1. Global Synthetic Sales and Growth Rate (2017-2027)
6.7. Other Sources
6.7.1. Global Other Sources Sales and Growth Rate (2017-2027)
7. Beta-Carotene Market, By Region
7.1. Introduction
7.2. Global Beta-Carotene Sales, Revenue and Market Share by Regions
7.2.1. Global Beta-Carotene Sales by Regions (2017-2027)
7.2.2. Global Beta-Carotene Revenue by Regions (2017-2027)
7.3. North America Beta-Carotene by Countries
7.3.1. North America Beta-Carotene Sales and Growth Rate (2017-2027)
7.3.2. North America Beta-Carotene Revenue and Growth Rate (2017-2027)
7.3.3. North America Beta-Carotene Sales by Countries (2017-2027)
7.3.4. North America Beta-Carotene Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States Beta-Carotene Sales and Growth Rate (2017-2027)
7.3.5.2. United States Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada Beta-Carotene Sales and Growth Rate (2017-2027)
7.3.6.2. Canada Beta-Carotene Sales (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico Beta-Carotene Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Beta-Carotene by Countries
7.4.1. Europe Beta-Carotene Sales and Growth Rate (2017-2027)
7.4.2. Europe Beta-Carotene Revenue and Growth Rate (2017-2027)
7.4.3. Europe Beta-Carotene Sales by Countries (2017-2027)
7.4.4. Europe Beta-Carotene Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany Beta-Carotene Sales and Growth Rate (2017-2027)
7.4.5.2. Germany Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK Beta-Carotene Sales and Growth Rate (2017-2027)
7.4.6.2. UK Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France Beta-Carotene Sales and Growth Rate (2017-2027)
7.4.7.2. France Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia Beta-Carotene Sales and Growth Rate (2017-2027)
7.4.8.2. Russia Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy Beta-Carotene Sales and Growth Rate (2017-2027)
7.4.9.2. Italy Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Beta-Carotene Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Beta-Carotene Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Beta-Carotene Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific Beta-Carotene Sales by Countries (2017-2027)
7.5.4. Asia-Pacific Beta-Carotene Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China Beta-Carotene Sales and Growth Rate (2017-2027)
7.5.5.2. China Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan Beta-Carotene Sales and Growth Rate (2017-2027)
7.5.6.2. Japan Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6.3.
7.5.7. Korea
7.5.7.1. Korea Beta-Carotene Sales and Growth Rate (2017-2027)
7.5.7.2. Korea Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India Beta-Carotene Sales and Growth Rate (2017-2027)
7.5.8.2. India Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Beta-Carotene Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Beta-Carotene Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Beta-Carotene Sales and Growth Rate (2017-2027)
7.6.2. South America Beta-Carotene Revenue and Growth Rate (2017-2027)
7.6.3. South America Beta-Carotene Sales by Countries (2017-2027)
7.6.4. South America Beta-Carotene Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil Beta-Carotene Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina Beta-Carotene Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia Beta-Carotene Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Beta-Carotene Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Beta-Carotene Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Beta-Carotene Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa Beta-Carotene Sales by Countries (2017-2027)
7.7.4. Middle East and Africa Beta-Carotene Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Beta-Carotene Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Beta-Carotene Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt Beta-Carotene Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria Beta-Carotene Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa Beta-Carotene Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Beta-Carotene Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa Beta-Carotene Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. DSM N.V.
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Sales, Revenue and Market Share
8.2. BASF S.E.
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Sales, Revenue and Market Share
8.3. Chr Hansen Holding A/S
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Sales, Revenue and Market Share
8.4. Foodchem International Corporation
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Sales, Revenue and Market Share
8.5. Flavorchem Corporation
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Sales, Revenue and Market Share
8.6. Lycored
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Sales, Revenue and Market Share
8.7. DD Williamson & Co., Inc.
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.7.4. Sales, Revenue and Market Share
8.8. BioExtract
8.8.1. Business Overview
8.8.2. Product Portfolio
8.8.3. Strategic Developments
8.8.4. Sales, Revenue and Market Share
8.9. Nutralliance
8.9.1. Business Overview
8.9.2. Product Portfolio
8.9.3. Strategic Developments
8.9.4. Sales, Revenue and Market Share
8.10. Zhejiang Medicine Co., Ltd.
8.10.1. Business Overview
8.10.2. Product Portfolio
8.10.3. Strategic Developments
8.10.4. Sales, Revenue and Market Share
9. Global Beta-Carotene Market Competition, by Manufacturer
9.1. Global Beta-Carotene Sales and Market Share by Manufacturer (2017-2017)
9.2. Global Beta-Carotene Revenue and Market Share by Manufacturer (2017-2017)
9.3. Top 5 Beta-Carotene Manufacturer Market Share
9.4. Market Competition Trend
10. Beta-Carotene Market Forecast (2027-2023)
10.1. Global Beta-Carotene Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Beta-Carotene Market Forecast by Regions (2027-2023)
10.2.1. North America Beta-Carotene Market Forecast (2027-2023)
10.2.1.1. United States Beta-Carotene Market Forecast (2027-2023)
10.2.1.2. Canada Beta-Carotene Market Forecast (2027-2023)
10.2.1.3. Mexico Beta-Carotene Market Forecast (2027-2023)
10.2.2. Europe Beta-Carotene Market Forecast (2027-2023)
10.2.2.1. Germany Beta-Carotene Market Forecast (2027-2023)
10.2.2.2. United Kingdom Beta-Carotenes Market Forecast (2027-2023)
10.2.2.3. France Beta-Carotene Market Forecast (2027-2023)
10.2.2.4. Russia Beta-Carotene Market Forecast (2027-2023)
10.2.2.5. Italy Beta-Carotene Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Beta-Carotene Market Forecast (2027-2023)
10.2.3. Asia-Pacific Beta-Carotene Market Forecast (2027-2023)
10.2.3.1. China Beta-Carotene Market Forecast (2027-2023)
10.2.3.2. Japan Beta-Carotene Market Forecast (2027-2023)
10.2.3.3. Korea Beta-Carotene Market Forecast (2027-2023)
10.2.3.4. India Beta-Carotene Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Beta-Carotene Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Beta-Carotene Market Forecast (2027-2023)
10.2.4. South America Beta-Carotene Market Forecast (2027-2023)
10.2.4.1. Brazil Beta-Carotene Market Forecast (2027-2023)
10.2.4.2. Argentina Beta-Carotene Market Forecast (2027-2023)
10.2.4.3. Columbia Beta-Carotene Market Forecast (2027-2023)
10.2.4.4. Rest of South America Beta-Carotene Market Forecast (2027-2023)
10.2.5. Middle East and Africa Beta-Carotene Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Beta-Carotene Market Forecast (2027-2023)
10.2.5.2. UAE Beta-Carotene Market Forecast (2027-2023)
10.2.5.3. Egypt Beta-Carotene Market Forecast (2027-2023)
10.2.5.4. Nigeria Beta-Carotene Market Forecast (2027-2023)
10.2.5.5. South Africa Beta-Carotene Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Beta-Carotene Market Forecast (2027-2023)
10.3. Beta-Carotene Market Forecast by Application (2027-2023)
10.3.1. Global Beta-Carotene Sales Forecast by Application (2027-2023)
10.3.2. Global Beta-Carotene Sales Market Share Forecast by Application (2027-2023)
10.4. Beta-Carotene Market Forecast by Source (2027-2023)
10.4.1. Global Beta-Carotene Sales Forecast by Source (2027-2023)
10.4.2. Global Beta-Carotene Sales Market Share Forecast by Source (2027-2023)
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Beta-Carotene Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
|
Data Collection Matrix |
Supply Side |
Demand Side |
|
Primary Data Sources |
|
|
|
Secondary Data Sources |
|
|
Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
|
Qualitative Data |
Quantitative Data (2017-2025) |
|
|