+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Food Colors Market by Type and by Applications: Global Opportunity Analysis and Industry Forecast, 2020-2027

  • PDF Icon

    Report

  • 328 Pages
  • May 2020
  • Region: Global
  • Allied Market Research
  • ID: 5125488
The food color market size was valued at $2.1 billion in 2019, and is estimated to reach $3.5 billion by 2027, registering a CAGR of 12.4% from 2020 to 2027. A food color is a pigment or a dye, which adds color to food items or drinks. Food colors are available in liquid, liquid gel, gel paste, and powdered forms. They find their major application in commercial food and household cooking. Food quality is evaluated on the basis of the color of the food. Food color does not always mean that the ingredients are organic, however, in few cases, it refers to less amount of ingredients used in it. The less ingredients added, the more natural the food product is. Thus, consumers demand natural and organic ingredients in food colors for better lifestyle and to minimize the risk of diseases that are caused due to artificial food colors.



The popular trend of healthy living has increased awareness among consumers about the components used in food products. In addition, consumers are often careful about choosing food products when it comes to products that are consumed by children. Thus, they have shifted their preference from food made with using chemical modifiers to natural, healthy, simple food.

The growth of the global food color market is driven by increase in demand for clean label foods and health benefits offered by natural colors. Moreover, the enhanced product appeal offered by these colors to food items boosts their demand across the globe, thereby boosting the market growth. However, the side effects associated with food colors and implementation of stringent regulations toward the use of artificial colors restrict the market growth. In addition, high cost of natural colors hampers the growth of the global market. On the contrary, an increase in demand for cost-effective products are expected to provide potential opportunities for market expansion during the forecast period.

The global food color market is segmented into type, application, and region. On the basis of type, the market is categorized into natural color and artificial color. The applications covered in the study include meat products, beverages, dairy, bakery & confectionary, processed food & vegetables, oils & fats, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa.

The key players profiled in this report are AromataGroup SRL (Fiorio Colori SPA), Givaudan (Naturex S.A.), Kalsec, Inc., Archer Daniels Midland Company, Chr. Hansen A/S, D.D. Williamson & Co. Inc. (DDW), Dohler Group, International Flavors & Fragrances, Koninklijke DSM N.V., and Sensient Technologies Corporation.

KEY BENEFITS FOR STAKEHOLDERS
  • This study provides an in-depth analysis of the Food Color market with current and future trends to elucidate the imminent investment pockets in the market.
  • The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
  • Porters five forces analysis of industry and SWOT analysis of the key market players have been provided to illustrate the business strategies adopted by them.
  • The value chain analysis of the industry highlights the key intermediaries involved and elaborates their roles and value additions at every stage in the value chain.
  • The quantitative analysis of the market during the period 2020-2027 has been provided to elaborate the market potential.

KEY MARKET SEGMENTS

By Type
  • Natural Color
  • Artificial Color

By Application
  • Meat Products
  • Beverages
  • Dairy
  • Bakery & Confectionary
  • Processed Food & Vegetables
  • Oils & Fats
  • Other

By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • Australia
  • India
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Argentina
  • Colombia
  • Rest of Latin America
  • Middle East
  • Saudi Arabia
  • Egypt
  • Turkey
  • Rest of Middle East
  • Africa
  • South Africa
  • Nigeria
  • Rest of Africa

Table of Contents

Chapter 1: Introduction
1.1. Key Benefits for Stakeholders
1.2. Key Market Segments
1.3. Research Methodology
1.3.1. Secondary Research
1.3.2. Primary Research
1.4. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter’S Five Forces Analysis
3.3.1. Moderate Bargaining Power of Suppliers
3.3.2. Moderate Bargaining Power of Buyers
3.3.3. Moderate Threat of Substitution
3.3.4. High Threat of New Entrants
3.3.5. Moderate Intensity of Competitive Rivalry
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Surge in Demand for Natural Colors Due to Their Organic Properties
3.5.1.2. Increase in Consumer Demand for Clean Label Color Products
3.5.1.3. Asia-Pacific Region to Exhibit Potential Growth Opportunities
3.5.1.4. Upsurge in Marketing Activities and Improvement in Distribution Channels
3.5.2. Restraints
3.5.2.1. High Extraction Cost of Natural Ingredients
3.5.2.2. Increase in Side Effects of Artificial Food Colors
3.5.2.1. Lack of Awareness Regarding Food Colors in Undeveloped Nations
3.5.3. Opportunities
3.5.3.1. Increase in Demand for Cost-Effective Natural Products
3.5.3.2. Increase in Investments by Small- & Mid-Sized Food Product Manufacturing Companies
3.6. Market Share Analysis
3.7. Impact of Covid-19 on Food Color Market
Chapter 4: Food Color Market, by Type
4.1. Overview
4.1.1. Market Size and Forecast
4.1.2. Market Volume and Forecast
4.2. Natural Color
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast
4.2.3. Market Volume and Forecast
4.3. Artificial Color
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast
4.3.3. Market Volume and Forecast
Chapter 5: Food Color Market, by Application
5.1. Overview
5.1.1. Market Size and Forecast
5.1.2. Market Volume and Forecast
5.2. Meat Products
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast
5.2.3. Market Volume and Forecast
5.3. Beverages
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast
5.3.3. Market Volume and Forecast
5.4. Dairy
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast
5.4.3. Market Volume and Forecast
5.5. Bakery & Confectionary
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast
5.5.3. Market Volume and Forecast
5.6. Processed Food & Vegetables
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast
5.6.3. Market Volume and Forecast
5.7. Oils & Fats
5.7.1. Key Market Trends, Growth Factors, and Opportunities
5.7.2. Market Size and Forecast
5.7.3. Market Volume and Forecast
5.8. Others
5.8.1. Key Market Trends, Growth Factors, and Opportunities
5.8.2. Market Size and Forecast
5.8.3. Market Volume and Forecast
Chapter 6: Food Color Market, by Region
6.1. Overview
6.1.1. Market Size and Forecast, by Region
6.1.2. Market Volume and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Type
6.2.3. Market Volume and Forecast, by Type
6.2.4. Market Size and Forecast, by Application
6.2.5. Market Volume and Forecast, by Application
6.2.6. Market Size and Forecast, by Country
6.2.7. Market Volume and Forecast, by Country
6.2.7.1. U. S.
6.2.7.1.1. Market Size and Forecast by Type
6.2.7.1.2. Market Volume and Forecast by Type
6.2.7.1.3. Market Size and Forecast by Application
6.2.7.1.4. Market Volume and Forecast by Application
6.2.7.2. Canada
6.2.7.2.1. Market Size and Forecast by Type
6.2.7.2.2. Market Volume and Forecast by Type
6.2.7.2.3. Market Size and Forecast by Application
6.2.7.2.4. Market Volume and Forecast by Application
6.2.7.3. Mexico
6.2.7.3.1. Market Size and Forecast by Type
6.2.7.3.2. Market Volume and Forecast by Type
6.2.7.3.3. Market Size and Forecast by Application
6.2.7.3.4. Market Volume and Forecast by Application
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Type
6.3.3. Market Volume and Forecast, by Type
6.3.4. Market Size and Forecast, by Application
6.3.5. Market Volume and Forecast, by Application
6.3.6. Market Size and Forecast, by Country
6.3.7. Market Volume and Forecast, by Country
6.3.7.1. Germany
6.3.7.1.1. Market Size and Forecast by Type
6.3.7.1.2. Market Volume and Forecast by Type
6.3.7.1.3. Market Size and Forecast by Application
6.3.7.1.4. Market Volume and Forecast by Application
6.3.7.2. France
6.3.7.2.1. Market Size and Forecast by Type
6.3.7.2.2. Market Volume and Forecast by Type
6.3.7.2.3. Market Size and Forecast by Application
6.3.7.2.4. Market Volume and Forecast by Application
6.3.7.3. Italy
6.3.7.3.1. Market Size and Forecast by Type
6.3.7.3.2. Market Volume and Forecast by Type
6.3.7.3.3. Market Size and Forecast by Application
6.3.7.3.4. Market Volume and Forecast by Application
6.3.7.4. UK
6.3.7.4.1. Market Size and Forecast by Type
6.3.7.4.2. Market Volume and Forecast by Type
6.3.7.4.3. Market Size and Forecast by Application
6.3.7.4.4. Market Volume and Forecast by Application
6.3.7.5. Spain
6.3.7.5.1. Market Size and Forecast by Type
6.3.7.5.2. Market Volume and Forecast by Type
6.3.7.5.3. Market Size and Forecast by Application
6.3.7.5.4. Market Volume and Forecast by Application
6.3.7.6. Rest of Europe
6.3.7.6.1. Market Size and Forecast by Type
6.3.7.6.2. Market Volume and Forecast by Type
6.3.7.6.3. Market Size and Forecast by Application
6.3.7.6.4. Market Volume and Forecast by Application
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Type
6.4.3. Market Volume and Forecast, by Type
6.4.4. Market Size and Forecast, by Application
6.4.5. Market Volume and Forecast, by Application
6.4.6. Market Size and Forecast, by Country
6.4.7. Market Volume and Forecast, by Country
6.4.7.1. China
6.4.7.1.1. Market Size and Forecast by Type
6.4.7.1.2. Market Volume and Forecast by Type
6.4.7.1.3. Market Size and Forecast by Application
6.4.7.1.4. Market Volume and Forecast by Application
6.4.7.2. Japan
6.4.7.2.1. Market Size and Forecast by Type
6.4.7.2.2. Market Volume and Forecast by Type
6.4.7.2.3. Market Size and Forecast by Application
6.4.7.2.4. Market Volume and Forecast by Application
6.4.7.3. South Korea
6.4.7.3.1. Market Size and Forecast by Type
6.4.7.3.2. Market Volume and Forecast by Type
6.4.7.3.3. Market Size and Forecast by Application
6.4.7.3.4. Market Volume and Forecast by Application
6.4.7.4. Australia
6.4.7.4.1. Market Size and Forecast by Type
6.4.7.4.2. Market Volume and Forecast by Type
6.4.7.4.3. Market Size and Forecast by Application
6.4.7.4.4. Market Volume and Forecast by Application
6.4.7.5. India
6.4.7.5.1. Market Size and Forecast by Type
6.4.7.5.2. Market Volume and Forecast by Type
6.4.7.5.3. Market Size and Forecast by Application
6.4.7.5.4. Market Volume and Forecast by Application
6.4.7.6. Rest of Asia-Pacific
6.4.7.6.1. Market Size and Forecast by Type
6.4.7.6.2. Market Volume and Forecast by Type
6.4.7.6.3. Market Size and Forecast by Application
6.4.7.6.4. Market Volume and Forecast by Application
6.5. Latin America
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Type
6.5.3. Market Volume and Forecast, by Type
6.5.4. Market Size and Forecast, by Application
6.5.5. Market Volume and Forecast, by Application
6.5.6. Market Size and Forecast, by Country
6.5.7. Market Volume and Forecast, by Country
6.5.7.1. Brazil
6.5.7.1.1. Market Size and Forecast by Type
6.5.7.1.2. Market Volume and Forecast by Type
6.5.7.1.3. Market Size and Forecast by Application
6.5.7.1.4. Market Volume and Forecast by Application
6.5.7.2. Argentina
6.5.7.2.1. Market Size and Forecast by Type
6.5.7.2.2. Market Volume and Forecast by Type
6.5.7.2.3. Market Size and Forecast by Application
6.5.7.2.4. Market Volume and Forecast by Application
6.5.7.3. Colombia
6.5.7.3.1. Market Size and Forecast by Type
6.5.7.3.2. Market Volume and Forecast by Type
6.5.7.3.3. Market Size and Forecast by Application
6.5.7.3.4. Market Volume and Forecast by Application
6.5.7.4. Rest of Latin America
6.5.7.4.1. Market Size and Forecast by Type
6.5.7.4.2. Market Volume and Forecast by Type
6.5.7.4.3. Market Size and Forecast by Application
6.5.7.4.4. Market Volume and Forecast by Application
6.6. Middle East
6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast, by Type
6.6.3. Market Volume and Forecast, by Type
6.6.4. Market Size and Forecast, by Application
6.6.5. Market Volume and Forecast, by Application
6.6.6. Market Size and Forecast, by Country
6.6.7. Market Volume and Forecast, by Country
6.6.7.1. Saudi Arabia
6.6.7.1.1. Market Size and Forecast by Type
6.6.7.1.2. Market Volume and Forecast by Type
6.6.7.1.3. Market Size and Forecast by Application
6.6.7.1.4. Market Volume and Forecast by Application
6.6.7.2. Egypt
6.6.7.2.1. Market Size and Forecast by Type
6.6.7.2.2. Market Volume and Forecast by Type
6.6.7.2.3. Market Size and Forecast by Application
6.6.7.2.4. Market Volume and Forecast by Application
6.6.7.3. Turkey
6.6.7.3.1. Market Size and Forecast by Type
6.6.7.3.2. Market Volume and Forecast by Type
6.6.7.3.3. Market Size and Forecast by Application
6.6.7.3.4. Market Volume and Forecast by Application
6.6.7.4. Rest of Middle East
6.6.7.4.1. Market Size and Forecast by Type
6.6.7.4.2. Market Volume and Forecast by Type
6.6.7.4.3. Market Size and Forecast by Application
6.6.7.4.4. Market Volume and Forecast by Application
6.7. Africa
6.7.1. Key Market Trends, Growth Factors, and Opportunities
6.7.2. Market Size and Forecast, by Type
6.7.3. Market Volume and Forecast, by Type
6.7.4. Market Size and Forecast, by Application
6.7.5. Market Volume and Forecast, by Application
6.7.6. Market Size and Forecast, by Country
6.7.7. Market Volume and Forecast, by Country
6.7.7.1. South Africa
6.7.7.1.1. Market Size and Forecast by Type
6.7.7.1.2. Market Volume and Forecast by Type
6.7.7.1.3. Market Size and Forecast by Application
6.7.7.1.4. Market Volume and Forecast by Application
6.7.7.2. Nigeria
6.7.7.2.1. Market Size and Forecast by Type
6.7.7.2.2. Market Volume and Forecast by Type
6.7.7.2.3. Market Size and Forecast by Application
6.7.7.2.4. Market Volume and Forecast by Application
6.7.7.3. Rest of Africa
6.7.7.3.1. Market Size and Forecast by Type
6.7.7.3.2. Market Volume and Forecast by Type
6.7.7.3.3. Market Size and Forecast by Application
6.7.7.3.4. Market Volume and Forecast by Application
Chapter 7: Competitive Landscape
7.1. Competitive Dashboard
7.2. Competitive Heatmap
7.3. Product Mapping
7.4. Top Winning Strategies
7.5. Top Player Positioning
Chapter 8: Company Profiles
8.1. Aromatagroup Srl (Fiorio Colori Spa)
8.1.1. Company Overview
8.1.2. Key Executive
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Key Strategic Moves and Developments
8.2. Archer Daniels Midland Company
8.2.1. Company Overview
8.2.2. Key Executive
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. R&D Expenditure
8.2.7. Business Performance
8.2.8. Key Strategic Moves and Developments
8.3. Givaudan (Naturex S. A.)
8.3.1. Company Overview
8.3.2. Key Executive
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. R&D Expenditure
8.3.7. Business Performance
8.3.8. Key Strategic Moves and Developments
8.4. Chr Hasen A/S
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. R&D Expenditure
8.4.7. Business Performance
8.4.8. Key Strategic Moves and Developments
8.5. Ddw the Color House
8.5.1. Company Overview
8.5.2. Key Executive
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Key Strategic Moves and Developments
8.6. Doehler Group Se
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.7. International Flavors & Fragrances Inc.
8.7.1. Company Overview
8.7.2. Key Executive
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. R&D Expenditure
8.7.7. Business Performance
8.7.8. Key Strategic Moves and Developments
8.8. Kalsec Inc.
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.9. Koninklijke Dsm N. V.
8.9.1. Company Overview
8.9.2. Key Executive
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. R&D Expenditure
8.9.7. Business Performance
8.10. Sensient Technologies Corporation
8.10.1. Company Overview
8.10.2. Key Executive
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. R&D Expenditure
8.10.7. Business Performance
8.10.8. Key Strategic Moves and Developments

Executive Summary

According to the report titled 'Food Colors Market by Type, and Application: Opportunities and Forecasts, 2020-2027' the food colors market size was valued at $2.1 billion in 2019, and is estimated to reach $3.5 billion by 2027, registering a CAGR of 12.4% from 2020 to 2027. In 2018, North America accounted for nearly 33.98% share of the food colors market.

Ingredients used to impart the desired appearance to any food item or beverage are termed as food colors.. They are added to carbonated drinks, ready-to-eat (RTE) products, frozen food, alcoholic beverages, processed foods, juices, and sauces. Food colors are used in commercial food items and domestic cooking, and are available in various forms such as liquid, liquid gel, gel paste, and powder. The market for food colors comprises natural and artificial colors. The food colors industry has been evolving in terms of innovations and demand. Manufacturers are focusing on key innovations that cater to the requirements of the large consumer base. Increase in awareness toward health and wellness has been witnessed among people residing in developed as well as the developing countries. This has resulted in increased demand for various types of food colors made using organic products. Thus, natural colors are gaining increased traction among food & beverage manufacturers, which significantly drives the global food colors market growth.

Furthermore, an increase has been witnessed in the number of netizens along with rise in internet penetration. Taking this into consideration, most of the key players in the market strategize on promoting their products on various social media platforms. Thus, through social media marketing strategy, the food colors market sights critical growth opportunity.

Moreover, the food colors market trends are health benefits offered by few natural colorants such as antioxidant and antimicrobial activities boost market growth. In addition, advancements in natural color ingredients and easy availability of raw materials from plants and animals supplement the growth of the market. However, market growth for food color is restricted by the ban on the usage of artificial colorants. Conversely, rise in R&D activities pertaining to new raw material sources offer food colorant manufacturers remunerative opportunity.

Food colors have witnessed higher rate of penetration in North America and Europe. However, low availability has been observed for this product in some major parts of Asia-Pacific and LAMEA, which is attributable to low performing macro-economic factors such as low internet penetration and insufficient marketing strategies by manufacturers. Thus, lower penetration of such products limits the growth of the market.

According to the food colors market analysis, the market is segmented into type, application, and region. By type, the market is bifurcated into natural color and artificial color. Depending on application, it is segregated into meat products, beverages, dairy, bakery & confectionery, processed food & vegetables, oils & fats, others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), Latin America (Brazil, Argentina, Colombia, Rest of Latin America), Middle East (Saudi Arabia, Egypt, Nigeria, and Rest of Middle East), Africa (South Africa, Nigeria, and Rest of Africa).

On the basis of type, natural colors have been witnessing increased preference, due to rise in demand for organic-based ingredients among consumers. The growth of the food colors market is further driven by the ability of food colors to enhance product appeal and rise in awareness about the beneficial effects of natural colors. For instance, betanin, a natural food colorant, is used for its antioxidant properties.

As per application, the meat products segment dominated the market in 2019, accounting for 20.42% of the share, and is expected to retain its dominance throughout the food colors market forecast period. This is attributed to the fact that consumers are preferring bright cherry-red color of fresh meat products while purchasing, which has created major traction in the market.

Region wise, Europe was the prominent market in 2019, garnering maximum share, owing to high consumption of bakery & confectionery, dairy, seafood, products in majority of the European countries, including Germany, France, Italy, and the UK. Furthermore, consumers in the region are attracted by new colors, texture, and higher nutrition content, which drives market growth. Furthermore, North America is expected to witness highest CAGR of 11.70%, owing to health benefits offered by few natural colorants ingredients such as anthocyanins, carotenoids, safflower, and carmine in the region.

Key Findings of the Study:

Quantitative analysis of the current market trends, estimations, and dynamics of the global market for the period of 2020 to 2027 to identify the prevailing food colors market opportunity.
Western Europe has emerged to be the second largest market with Germany and U.K. accounting for the prominent food colors market share by value.
The beverage segment accounted was valued at $349.12 million, and is projected to reach $578.05 million by 2027, registering a CAGR of 13.10%.
The Asia-Pacific region would witness the fastest growth during 2019-2027, owing to increase in adoption of high-end Food Colors in developing economies such as China and India

The players in the food colors market have adopted product launch and business expansion as their key developmental strategies to expand their market share, an increase profitability, and remain competitive in the market. The key players profiled in this report include AromataGroup SRL (Fiorio Colori SPA), Givaudan (Naturex S.A.), Kalsec, Inc., Archer Daniels Midland Company, Chr. Hansen A/S, D.D. Williamson & Co. Inc. (DDW), Dohler Group, International Flavors & Fragrances, Koninklijke DSM N.V., and Sensient Technologies Corporation.

Companies Mentioned

  • AromataGroup SRL (Fiorio Colori SPA)
  • Givaudan (Naturex S.A.)
  • Kalsec Inc.
  • Archer Daniels Midland Company
  • Chr. Hansen A/S
  • D.D. Williamson & Co. Inc. (DDW)
  • Dohler Group
  • International Flavors & Fragrances
  • Koninklijke DSM N.V.
  • Sensient Technologies Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...