What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Global Curcumin Market by Type (Organic, Non-organic), Applications (Pharmaceutical, Food, Cosmetics, Others), Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

Publish Date: Mar, 2019
Report ID: 376074
Category: Chemicals and Materials
Pages: 0

$4700

Global curcumin market is expected to reach USD 114.34 million by 2025, at a CAGR of 9.28% from 2018 to 2025. The anti-inflammatory and anti-oxidant properties of curcumin have led to its increasing adoption by pharmaceutical, cosmetics and food industry fueling the global demand.

Market Overview:

Curcumin is a naturally occurring chemical compound produced by some particular plants in nature. It is considered to be principally responsible for characteristic flavor, fragrance, and color of turmeric. Curcumin is increasingly being utilized in food and cosmetics industries on account of rising awareness about its therapeutic properties.

Report Description:

The base year for the study has been considered 2017, the historic year 2015 and 2016 and, the forecast period considered is from 2018 to 2025. The curcumin is analyzed by value (USD million) and volume (tons)
The study delivers a comprehensive analysis of the global curcumin market by type, applications, and regions. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
Porter’s Five Forces model is used to recognize the competitive scenario in the global curcumin market. This report incorporates the industry analysis which is focused on providing an extensive view of the curcumin market.
The study also includes attractiveness analysis of type, application, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
The report provides company profile of the key players operating in the curcumin market and a 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 which are based on our extensive secondary research, primary research, and in-house databases.

Market Dynamics:

Drivers:

Increasing awareness among consumers
The rising popularity of Ayurveda

Restraints:

Expensive raw material
Stringent quality control regulations

Opportunities:

The increasing acceptance of alternative medicines
Increasing per capita expenditure on healthy food and beverages

Challenges:

Quality of raw material
Development of synthetic substitutes

Global Curcumin Market Key Findings:

All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.

Segmentation Analysis:

The global curcumin market has been segmented by type and applications.

The type segment is divided into organic and non-organic. Currently, the non-organic curcumin segment dominates the market with 83% of the total global market by revenue for curcumin. There is huge pent demand for organic curcumin from the food and pharmaceutical industry. Lack of proper certification and procurement process is the reason hampering the supply of Organic curcumin. As these supply-side bottlenecks clear up, Organic curcumin segment is expected to register impressive growth at CAGR of 12.45% during the forecast period 2018-2025. As increased awareness among consumers regarding the health benefits of Organic products with GMP certification is leading to global demand for organic products market share of organic curcumin is also expected to rise exponentially.
Applications segment is categorized into pharmaceutical, food, cosmetics, others. The pharmaceutical segment is leading the market share by revenue and is projected to achieve a market size of USD 62.43 million by 2025. Anti-inflammatory, anti-oxidant, and cancer preventive properties of curcumin have found widespread application in the fields of non-herbal and herbal medicines. curcumin-based medicines are widely used for treating arthritis, gastric ailments, migraine, diabetes, Alzheimer’s disease and different skin and viral infections. curcumin-based food colors are also receiving increasing acceptance as adverse effects of artificial food colors have become widely known. Curcumin has also been found of use in cosmetics for anti-aging treatments and other skin related issues. Curcumin is also used as a natural dyeing agent for textiles.

Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa. North America held the largest market share of 43.26% of total curcumin market revenue followed by Europe with 29.15% in 2017.

North America was the leader in market share by revenue segment and is expected to maintain its hold during the forecast period. Well-developed food and pharmaceutical industry, higher consumption of food supplement and higher per capita consumption of medicines are major propelling forces behind this impressive growth.
Europe was second best with a total market share of 29.15% by revenue and is expected to report the highest growth rate of 11.06% CAGR over the forecasted decade. Health conscious consumers and high per capita income and rising demand for herbal and ayurvedic medicines are going to drive this growth.
The Asia Pacific is also projected to report impressive growth over the forecast period owing to increased spending on cosmetics and food supplements as well as the development of the pharmaceutical and food industry.

Global Curcumin Market Competitive Analysis:

The Key players in Curcumin market include Biomax Life Sciences Ltd., Synthite Industries Ltd., BioThrive Sciences, Konark Herbals & Health Care, Arjuna Natural Extracts Ltd., SV Agrofood, Star Hi Herbs Pvt. Ltd, NOW Foods, Phyo life Sciences, Herboveda India Pvt. Ltd., Hindustan Mint & Agro Products Pvt. Ltd, Hebei Food Additive Co. Ltd. Among others. Majority of Curcumin manufacturing facilities are concentrated in the Asia Pacific region due to the ready availability of turmeric an essential raw material.

This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global curcumin market by below-mentioned segments:

Global Curcumin Market by Type:

Organic
Nonorganic

Global Curcumin Market by Applications:

Pharmaceuticals
Food
Cosmetics
Others

Global Curcumin Market by Regions:

North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Sweden
- Netherlands
- U.K.
- Italy
- Spain
- Turkey
- Switzerland
- Belgium
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific
South America
- Brazil
- Argentina
- Colombia
- Rest of South America
The Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of The Middle East and Africa

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1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency

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 Type
4.3.2. Market attractiveness analysis by Application
4.3.3. Market attractiveness analysis by Region
4.4. Industry Trends

5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing awareness among consumers
5.2.2. Rising popularity of Ayurveda
5.3. Restraints
5.3.1. Expensive raw material
5.3.2. Stringent quality control regulations
5.4. Opportunities
5.4.1. Increasing acceptance of alternative medicines
5.4.2. Increasing per capita expenditure on healthy food and beverages
5.5. Challenges
5.5.1. Quality of raw material
5.5.2. Development of synthetic substitutes

6. Global Curcumin Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Organic
6.3. Non Organic

7. Global Curcumin Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Pharmaceuticals
7.3. Cosmetics
7.4. Foods
7.5. Others

8. Global Curcumin Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. Sweden
8.3.4. Netherlands
8.3.5. U.K.
8.3.6. Italy
8.3.7. Spain
8.3.8. Turkey
8.3.9. Switzerland
8.3.10. Belgium
8.3.11. Rest of Europe
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Singapore
8.4.7. Malaysia
8.4.8. Thailand
8.4.9. Indonesia
8.4.10. Philippines
8.4.11. Rest of Asia-Pacific
8.5. South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Colombia
8.5.4. Rest of South America
8.6. Middle East and Africa
8.6.1. Saudi Arabia
8.6.2. UAE
8.6.3. Egypt
8.6.4. Nigeria
8.6.5. South Africa
8.6.6. Rest of Middle East and Africa

9. Global Curcumin Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Curcumin Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions

10. Company Profiles
10.1. Biomax Life Sciences Ltd.
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Synthite Industries Ltd.
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. BioThrive Sciences
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Konark Herbals & Health Care
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Arjuna Natural Extracts Ltd.
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. SV Agrofood
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Star Hi Herbs Pvt. Ltd.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. NOW Foods
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Phyo life Sciences
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Herboveda India Pvt. Ltd
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Hindustan Mint & Agro Products Pvt. Ltd
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Hebei Food Additive Co. Ltd.
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Tri Rahardja PT
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Helmigs Prima Sejahtera PT
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Star Hi Herbs Pvt. Ltd
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis

List of Table
1. Global Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
2. Global Organic Curcumin Market, By Region, 2015–2025 (USD Million) (tons)
3. Global Non-organic Curcumin Market, Region, 2015–2025 (USD Million) (tons)
4. Global Curcumin Market, By Application, 2015–2025 (USD Million) (tons) (tons)
5. Global Pharmaceutical Curcumin Market, By Region, 2015–2025 (USD Million) (tons)
6. Global Food Curcumin Market, By Region, 2015–2025 (USD Million) (tons)
7. Global Cosmetics Curcumin Market, By Region, 2015–2025 (USD Million) (tons)
8. Global Other Curcumin Market, By Region, 2015–2025 (USD Million) (tons)
9. Global Curcumin Market, By Region, 2015–2025 (USD Million) (tons)
10. Global Curcumin Market, By North America, 2015–2025 (USD Million) (tons)
11. North America Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
12. North America Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
13. U.S. Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
14. U.S. Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
15. Canada Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
16. Canada Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
17. Mexico Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
18. Mexico Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
19. Europe Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
20. Europe Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
21. Germany Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
22. Germany Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
23. France Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
24. France Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
25. Sweden Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
26. Sweden Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
27. Netherlands Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
28. Netherlands Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
29. U.K. Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
30. U.K. Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
31. Italy Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
32. Italy Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
33. Spain Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
34. Spain Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
35. Turkey Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
36. Turkey Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
37. Switzerland Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
38. Switzerland Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
39. Belgium Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
40. Belgium Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
41. Asia Pacific Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
42. Asia Pacific Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
43. Japan Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
44. Japan Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
45. China Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
46. China Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
47. India Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
48. India Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
49. South Korea Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
50. South Korea Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
51. Australia Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
52. Australia Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
53. Singapore Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
54. Singapore Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
55. Malaysia Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
56. Malaysia Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
57. Thailand Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
58. Thailand Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
59. Indonesia Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
60. Indonesia Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
61. Philippines Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
62. Philippines Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
63. South America Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
64. South America Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
65. Brazil Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
66. Brazil Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
67. Argentina Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
68. Argentina Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
69. Colombia Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
70. Colombia Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
71. Middle East and Africa Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
72. Middle East and Africa Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
73. Saudi Arabia Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
74. Saudi Arabia Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
75. UAE Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
76. UAE Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
77. Egypt Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
78. Egypt Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
79. Nigeria Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
80. Nigeria Curcumin Market, By Application, 2015–2025 (USD Million) (tons)
81. South Africa Curcumin Market, By Type, 2015–2025 (USD Million) (tons)
82. South Africa Curcumin Market, By Application, 2015–2025 (USD Million) (tons)

List of Figures
1. Global Curcumin Market Segmentation
2. Curcumin Market: 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 Curcumin Market attractiveness analysis by Type
9. Global Curcumin Market attractiveness analysis by Application
10. Global Curcumin Market attractiveness analysis by Region
11. Global Curcumin Market: Dynamics
12. Global Curcumin Market Share by Type (2017 & 2025)
13. Global Curcumin Market Share by Application (2017 & 2025)
14. Global Curcumin Market Share by Regions (2017 & 2025)
15. Global Curcumin Market Share by Company (2018)

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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Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!