Craft Soda Market Share, Share & Trends Analysis Report By Target Consumer (Middle-Aged Adults, Young Adults, Teenagers), By Product Type (Organic, Natural), By Flavor (Tropical Fruits, Passion Fruit, Orange, Berries, Root Beer), By Distribution Channel (Direct, Indirect), By Region and Forecasts, 2021 – 2028

  • Publish Date: May, 2021
  • Report ID: 419439
  • Category: Food & Beverages
  • Pages: 222
$4700

The craft soda market is expected to grow from USD 587.75 million in 2020 to USD 855.22 million by 2028, at a CAGR of 4.8% during the forecast period 2021-2028.

A craft soda is a craft drink usually preferred as a healthy alternative to traditional carbonated beverages. While standard soft drinks are under review by nutritionists, craft soda, also known as artisanal soda, specialty, or small-batch, is increasing share due to its natural and finest ingredients, inventive flavors, different packaging, etc., and its strong local presence. They are made with natural ingredients, containing few preservatives, and are brewed in tiny lots. They are available in combinations of various fruit flavors, which are either combined with traditional soft drink flavoring such as sarsaparilla, root beer and ginger ale, among others. A craft soda can cost three times as much as a common one, and they usually are in four-packs rather than six- or 12-packs.

The factors driving the market are the rising population in developing countries and the increasing consumer disposable income, rising demand for clean label and the organic source, growing concerns about obesity and shifting consumer preferences towards natural and organic drinks, the shifting consumer preference from high sugar drinks to low sugar mid-calorie beverages. The factors restraining the market growth are strict government initiatives regarding energy conservation and increasing social awareness towards environmental concern.

This study delivers a comprehensive analysis of target consumer, product type, flavor, distribution channel and region. The target consumer segment includes middle-aged adults, young adults, and teenagers. The young adults' segment holds the largest market share due to growing health concerns and increasing awareness regarding soft drinks. The product type segment includes organic and natural. The organic segment holds the largest market share, owing to the global trend of organic food & beverage. The flavor segment includes tropical fruits, passion fruit, orange, berries, and root beer. Orange and root beer hold the largest market share. The distribution channel segment includes direct and indirect. The indirect segment holds the largest market share due to the rising popularity of e-commerce websites among consumers worldwide.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America holds the largest market share due to people shifting towards healthy drinks and increasing health concerns. The Asia-Pacific region is anticipated to grow and has the most significant share high growth rate in the craft soda market due to the faster adoption of western market offerings.

Some key players operating in the craft soda market Jones Soda Co, Boylan Bottling Co, Crooked Beverage Co, SIPP eco beverage co. Inc, Pepsi, ReedÕsInc, Tuxen Brewing Company, Q Drinks, Appalachian Brewing Co, The Coca-Cola Company, JustCraft Soda, and Gus.

For this study, Fior Markets Research has segmented the global craft soda market report based on target consumer, product type, flavor, distribution channel and region:

The Global Craft Soda  Market Analysis and Forecast, By Target Consumer

  • Middle-Aged Adults
  • Young Adults
  • Teenagers

The Global Craft Soda  Market Analysis and Forecast, By  Product Type

  • Organic
  •  Natural

The Global Craft Soda  Market Analysis and Forecast, By Flavor

  • Tropical Fruits
  • Passion Fruit
  • Orange
  • Berries
  • Root Beer

The Global Craft Soda Market Analysis and Forecast, By  Distribution Channel

  • Direct
  •  Indirect

The Global Craft Soda Market Analysis and Forecast, By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Spain
  • Asia Pacific
  • India
  • Japan
  • China
  • Australia
  • Rest of Asia-Pacific (APAC)
  • Latin America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East and Africa (MEA)

Report Description:

  • The study's base year has been considered 2020, the historic year 2018 and 2019; the forecast period is 2021 to 2028.
  • The study delivers a comprehensive analysis of the global craft soda market for all segments and regions.
  • The report offers an in-depth analysis of driving factors, opportunities, and restraints to gain fundamental insight into the craft soda market. The report emphasizes all the key trends that play a vital role in enlarging the market from 2021 to 2028.
  • Porter’s Five Forces model is used to recognize the competitive scenario in the craft soda market. This report incorporates the industry analysis, which focuses on providing an extensive view of the craft soda market.
  • The study also includes attractiveness analysis of all segments and regions, which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the craft soda market and comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors based on our extensive secondary research, primary research, and in-house databases.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Target Consumer
          4.3.2. Market Attractiveness Analysis By Product Type
          4.3.3. Market Attractiveness Analysis By Flavor
          4.3.4. Market Attractiveness Analysis By Distribution Channel
          4.3.5. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Rising health concerns and growing willingness of the young adults for authentic beverages
          5.2.2. Rising awareness of consumers about unhealthy ingredients used in soft drinks.
          5.2.3. Strict government guidelines for artificial ingredients and labelling and packaging
    5.3. Restraints
          5.3.1.Increasing social awareness towards environmental concern
          5.3.2.Strict government initiative regarding energy conservation
6. Global Craft Soda Market Analysis and Forecast, By Target Consumer
    6.1. Segment Overview
    6.2.Middle-Aged Adults
    6.3. Young Adults
    6.4.Teenagers
7. Global Craft Soda Market Analysis and Forecast, By Product Type
    7.1. Segment Overview
    7.2.Organic
    7.3.Natural
8. Global Craft Soda Market Analysis and Forecast, By Flavor
    8.1. Segment Overview
    8.2. Tropical Fruits
    8.3. Passion Fruit
    8.4.Orange
    8.5. Berries
    8.6. Root Beer
9. Global Craft Soda Market Analysis and Forecast, By Distribution Channel
    8.1. Segment Overview
    8.2. Direct
    8.3. Indirect
10. GlobalCraft Soda Market Analysis and Forecast, By Regional Analysis
    10.1. Segment Overview
    10.2.North America
          10.2.1. US
          10.2.2. Canada
          10.2.3. Mexico
    10.3. Europe
          10.3.1. UK
          10.3.2. Germany
          10.3.3. Italy
          10.3.4. Spain
          10.3.5. Russia
          10.3.6.Rest of Europe
    10.4. Asia-Pacific
          10.4.1. India
          10.4.2. Japan
          10.4.3. China
          10.4.4. South Korea
          10.4.5. Australia
          10.4.6. Rest of Asia-Pacific (APAC)
    10.5. Latin America
          10.5.1. Brazil
    10.6.Middle East & Africa
          10.6.1. Saudi Arabia
          10.6.2. U.A.E.
          10.6.3. South Africa
          10.6.4.Rest of Middle East and Africa (MEA)
11. GlobalCraft Soda Market-Competitive Landscape
    11.1. Overview
    11.2. Market Share of Key Players in Global Craft SodaMarket
          11.2.1. Global Company Market Share
          11.2.2. North America Company Market Share
          11.2.3. Europe Company Market Share
          11.2.4. APAC Company Market Share
    11.3.Competitive Situations and Trends
          11.3.1. Product Launches and Developments
          11.3.2. Partnerships, Collaborations, and Agreements
          11.3.3. Mergers & Acquisitions
          11.3.4. Expansions
12. Company Profiles
    12.1.Jones Soda Co
          12.1.1. Business Overview
          12.1.2. Company Snapshot
          12.1.3. Company Market Share Analysis
          12.1.4. Company Product Portfolio
          12.1.5. Recent Developments
          12.1.6. SWOT Analysis
    12.2.Boylan Bottling Co
          12.2.1. Business Overview
          12.2.2. Company Snapshot
          12.2.3. Company Market Share Analysis
          12.2.4. Company Product Portfolio
          12.2.5. Recent Developments
          12.2.6. SWOT Analysis
    12.3.Crooked Beverage Co
          12.3.1. Business Overview
          12.3.2. Company Snapshot
          12.3.3. Company Market Share Analysis
          12.3.4. Company Product Portfolio
          12.3.5. Recent Developments
          12.3.6. SWOT Analysis
    12.4.SIPP eco beverage co. Inc
          12.4.1. Business Overview
          12.4.2. Company Snapshot
          12.4.3. Company Market Share Analysis
          12.4.4. Company Product Portfolio
          12.4.5. Recent Developments
          12.4.6. SWOT Analysis
    12.5.Pepsi
          12.5.1. Business Overview
          12.5.2. Company Snapshot
          12.5.3. Company Market Share Analysis
          12.5.4. Company Product Portfolio
          12.5.5. Recent Developments
          12.5.6. SWOT Analysis
    12.6.ReedÕs Inc
          12.6.1. Business Overview
          12.6.2. Company Snapshot
          12.6.3. Company Market Share Analysis
          12.16.4. Company Product Portfolio
          12.6.5. Recent Developments
          12.6.6. SWOT Analysis
    12.7.Tuxen Brewing Company
          12.7.1. Business Overview
          12.7.2. Company Snapshot
          12.7.3. Company Market Share Analysis
          12.7.4. Company Product Portfolio
          12.7.5. Recent Developments
          12.7.6. SWOT Analysis
    12.8.Q Drinks
          12.8.1. Business Overview
          12.8.2. Company Snapshot
          12.8.3. Company Market Share Analysis
          12.8.4. Company Product Portfolio
          12.8.5. Recent Developments
          12.8.6. SWOT Analysis
    12.9.Appalachian Brewing Co
          12.9.1. Business Overview
          12.9.2. Company Snapshot
          12.9.3. Company Market Share Analysis
          12.9.4. Company Product Portfolio
          12.9.5. Recent Developments
          12.9.6. SWOT Analysis
    12.10.The Coca-Cola Company
          12.10.1. Business Overview
          12.10.2. Company Snapshot
          12.10.3. Company Market Share Analysis
          12.10.4. Company Product Portfolio
          12.10.5. Recent Developments
          12.10.6.SWOT Analysis
    12.11.JustCraft Soda
          12.11.1. Business Overview
          12.11.2. Company Snapshot
          12.11.3. Company Market Share Analysis
          12.11.4. Company Product Portfolio
          12.11.5. Recent Developments
          12.11.6. SWOT Analysis
    12.12.Gus
          12.12.1. Business Overview
          12.12.2. Company Snapshot
          12.12.3. Company Market Share Analysis
          12.12.4. Company Product Portfolio
          12.12.5. Recent Developments
          12.12.6. SWOT Analysis
 

List of Table

1. Global Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

2. Global Middle-Aged Adults, Craft Soda Market, By Region, 2018-2028 (USD Million) 

3. Global Young Adults, Craft Soda Market, By Region, 2018-2028 (USD Million)

4. Global Teenagers, Craft Soda Market, By Region, 2018-2028 (USD Million)

5. Global Craft Soda Market, By Product Type 2018-2028(USD Million)

6. Global Organic, Craft Soda Market, ByRegion, 2018-2028 (USD Million)

7. Global Natural,Craft Soda Market, By Region, 2018-2028 (USD Million). 

8. Global Craft Soda Market, By Flavor 2018-2028 (USD Million)

9. Global Tropical Fruits, Craft Soda Market, By Region, 2018-2028 (USD Million)

10. Global Passion Fruit, Craft Soda Market,By Region, 2018-2028 (USD Million)

11. Global Orange, Craft Soda Market, By Region, 2018-2028 (USD Million)

12. Global Berries, Craft Soda Market, By Region, 2018-2028 (USD Million)

13. Global Root Beer, Craft Soda Market, By Region, 2018-2028 (USD Million)

14.Global Craft Soda Market, ByDistribution Channel, 2018-2028 (USD Million)

15. Global Direct, Craft Soda Market, By Region, 2018-2028 (USD Million)

16. GlobalIndirect, Craft Soda Market, By Region, 2018-2028 (USD Million)

17. North America Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

18. North America Craft Soda Market, By Product Type, 2018-2028 (USD Million)

19. North America Craft Soda Market, By Flavor, 2018-2028 (USD Million)

20. North America Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

21. U.S Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

22. U.S. Craft Soda Market, By Product Type, 2018-2028 (USD Million)

23. U.S. Craft Soda Market, By Flavor, 2018-2028 (USD Million)

24. U.S. Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

25. Canada Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

26. Canada Craft Soda Market, By Product Type, 2018-2028 (USD Million)

27. Canada Craft Soda Market, By Flavor, 2018-2028 (USD Million)

28. Canada Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

29. Mexico Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

30. MexicoCraft Soda Market, By Product Type, 2018-2028 (USD Million)

31. Mexico Craft Soda Market, By Flavor, 2018-2028 (USD Million)

32. Mexico Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

33. Europe Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

34. Europe Craft Soda Market, By Product Type, 2018-2028 (USD Million)

35. Europe Craft Soda Market, By Flavor, 2018-2028 (USD Million)

36. Europe Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

37. U.K. Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

38. U.K. Craft Soda Market, By Product Type, 2018-2028 (USD Million)

39. U.K. Craft Soda Market, By Flavor, 2018-2028 (USD Million)

40. U. K. Craft Soda Market, By Distribution Channel 2018-2028 (USD Million)

41. Germany Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

42. Germany Craft Soda Market, By Product Type, 2018-2028 (USD Million)

43. Germany Craft Soda Market, By Flavor, 2018-2028 (USD Million)

44. Germany Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

45. Italy Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

46. Italy Craft Soda Market, By Product Type, 2018-2028 (USD Million)

47. Italy Craft Soda Market, By Flavor, 2018-2028 (USD Million)

48. Italy Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

49. France Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

50. France Craft Soda Market, By Product Type, 2018-2028 (USD Million)

51. France Craft Soda Market, By Flavor, 2018-2028 (USD Million)

52. France Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

53. Russia Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

54. Russia Craft Soda Market, By Product Type, 2018-2028 (USD Million)

55. Russia Craft Soda Market, By Flavor, 2018-2028 (USD Million)

56. Russia Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

57. Spain Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

58. Spain Craft Soda Market, By Product Type, 2018-2028 (USD Million)

59. Spain Craft Soda Market, By Flavor, 2018-2028 (USD Million)

60. Spain Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

61. Asia-Pacific Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

62. Asia-Pacific Craft Soda Market, By Product Type, 2018-2028 (USD Million)

63. Asia-Pacific Craft Soda Market, By Flavor, 2018-2028 (USD Million)

64. Asia-Pacific Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

65. India Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

66. India Craft Soda Market, By Product Type, 2018-2028 (USD Million)

67. India Craft Soda Market, By Flavor, 2018-2028 (USD Million)

68. India Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

69. Japan Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

70. Japan Craft Soda Market, By Product Type, 2018-2028 (USD Million)

71. Japan Craft Soda Market, By Flavor, 2018-2028 (USD Million)

72. Japan Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

73. China Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

74. China Craft Soda Market, By Product Type, 2018-2028 (USD Million)

75. China Craft Soda Market, By Flavor, 2018-2028 (USD Million)

76. China Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

77. Australia Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

78. Australia Craft Soda Market, By Product Type, 2018-2028 (USD Million)

79. Australia Craft Soda Market, By Flavor, 2018-2028 (USD Million)

80. Australia Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

81. Latin America Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

82. Latin America Craft Soda Market, By Product Type, 2018-2028 (USD Million)

83. Latin America Craft Soda Market, By Flavor, 2018-2028 (USD Million)

84. Latin America Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

85. Brazil Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

86. Brazil Craft Soda Market, By Product Type, 2018-2028 (USD Million)

87. Brazil Craft Soda Market, By Flavor, 2018-2028 (USD Million)

88. Brazil Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

89. Middle East & Africa Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

90. Middle East & Africa Craft Soda Market, By Product Type, 2018-2028 (USD Million)

91. Middle East & Africa Craft Soda Market, By Flavor, 2018-2028 (USD Million)

92. Middle East & Africa Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

93. Saudi Arabia Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

94. Saudi Arabia Craft Soda Market, By Product Type, 2018-2028 (USD Million)

95. Saudi Arabia Craft Soda Market, By Flavor, 2018-2028 (USD Million)

96. Saudi Arabia Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

97. UAE Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

98. UAE Craft Soda Market, By Product Type, 2018-2028 (USD Million)

99. UAE Craft Soda Market, By Flavor, 2018-2028 (USD Million)

100. UAE Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

101. Saudi Africa Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)

102. Saudi Africa Craft Soda Market, By Product Type, 2018-2028 (USD Million)

103. Saudi Africa Craft Soda Market, By Flavor, 2018-2028 (USD Million)

104. Saudi Africa Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)

List of Figures

1.Global Craft SodaMarket Segmentation

2. Global Craft SodaMarket: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Craft SodaMarket Attractiveness Analysis By Target Consumer

9. Global Craft SodaMarket Attractiveness Analysis By Product Type 

10. Global Craft SodaMarket Attractiveness Analysis By Flavor

11. Global Craft SodaMarket Attractiveness Analysis By Distribution Channel

12.Global Craft Soda Market Attractiveness Analysis By Region

13.Global Craft SodaMarket: Dynamics

14. Global Craft Soda Market Share ByTarget Consumer (2021 & 2028)

15. Global Craft Soda Market Share By Product Type (2021 & 2028)

16. Global Craft Soda Market Share By Flavor (2021 & 2028)

17.Global Craft SodaMarket Share By Distribution Channel (2021 & 2028)

18.Global Craft SodaMarket Share By Region (2021 & 2028)

19. Global Craft SodaMarket Share By Company (2020)
 

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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