Organic Soy Protein Market
Organic Soy Protein Market Forecasts to 2028 - Global Analysis By Product Type (Textured Protein, Isolates and Concentrates), Type Soy Protein Flour, Soy Protein Concentrates, Soy Protein Isolates and Other Types), Form (Liquid and Dry), Application and By Geography
According to Stratistics MRC, the Global Organic Soy Protein Market is accounted for $561.4 million in 2022 and is expected to reach $1,120.1 million by 2028 growing at a CAGR of 12.2% during the forecast period. Soy protein is said to be the cheapest vegan source of dietary protein and it also been considered as a ‘complete protein’ due to the presence of the essential amino acids in it. This soy protein extracted from organic sources are considered to be healthier, safer for consumption, and claim which doesn’t have any side effects and useful for bodybuilding. Due to which fitness industry is extensively using the soy-based protein as muscle gaining supplements.
According to the US National Library of Medicine, nearly all humans lose approximately 65% of their ability to digest lactose after infancy.
Market Dynamics:
Driver:
Need for more affordable protein sources
In addition to the already extensive cultivation around the globe, rising crop farming in developing regions has boosted the availability of soy proteins. Contract farmers or oilseed crushers that sell soy meal make it simple to access raw ingredients. Because soy protein components have low processing costs, they are appropriate for meeting the operational needs of manufacturers and enable processors to use their resources wisely towards product development. Soy proteins are less expensive than other protein sources including meat, dairy, and whey proteins as a result of these tendencies.
Restraint:
Ban on genetically modified soy products
The majority of soybeans are imported, and the majority of them are genetically modified organisms, which are likewise controversial among numerous stakeholders. The fact that GMO soybeans drain valuable foreign cash while also posing significant health dangers means that Pakistan should gradually incorporate oilseed and soybean crops into its cropping pattern. Genetically modified organisms foods may create allergies in people who wouldn't typically be allergic to the food since they include DNA from other creatures. In one case, a Brazil nut-derived DNA was used to make the soybean crop that was harmful for persons with nut allergies and couldn't be distributed to the general public thus hindering the growth of the market.
Opportunity:
Rising trends in health and fitness
Because of its superior ability to gel and propensity to form fibrous structures, soy protein the most popular substitute for animal protein has been employed to make meat substitutes with success. Soy is a nutrient dense source of protein that can be consumed several times per week, ideally more frequently, particularly when used as a replacement to red and processed meat. The expanding interest in sports and the number of sports facilities, along with the quick expansion of health and fitness facilities, are predicted to drive up demand for soy protein and support industry growth.
Threat:
Display of an unpleasant flavour
Recent consumer trends towards cholesterol-free food products have increased demand for soy protein components, significantly depressing demand for proteins derived from animal sources. However, because of its disagreeable flavour, soy protein is not advised for consumption. Alcohols, aldehydes, ketones, furans, and other compounds all contribute to this bad flavour. Medium-chain aldehydes are one of the key contributors to the beany and grassy flavour of soy products which hinders the growth of the market.
Covid-19 Impact
Consumers are drawn to vegan diets because they increasingly believe that plant-based protein products have medicinal benefits, including boosting immunity, curing illnesses, and lowering the risk of diabetes, heart attack, and other conditions. As a result, people are becoming more aware of the benefits of choosing a vegan diet and during the COVID-19 pandemic, the market for soy protein components grows in terms of value sales.
The soy protein isolates segment is expected to be the largest during the forecast period
The soy protein isolates segment is estimated to have a lucrative growth, due to the enhancing texture of meat products, soy protein isolates are used to up the protein content, improve moisture retention, and emulsify. In addition to their high protein content and bland flavour, soy protein isolates also have a low fat, oligosaccharide, and fibre content, which results in reduced flatulence from bacterial fermentation. Because of their practical advantages, the food industry views them as important ingredients. Additionally, significant constituents in baked goods are soy protein isolates. Out of all the varieties of soy protein components that are now accessible, they have the greatest protein content which is expected to increase demand for them in the market.
The dry segment is expected to have the highest CAGR during the forecast period
The dry segment is anticipated to witness the highest CAGR growth during the forecast period, due to great texture enhancers in the soy protein ingredients market. Moreover, companies are concentrating on preserving the texture of soy-based foods due to the surge in demand for meat substitutes and the growing popularity of plant-based diets. They are attempting to get it as similar to the texture of meat as possible. Thus, market participants include texturized soy protein components in their product lines.
Region with highest share:
Asia Pacific is projected to hold the highest market share during the forecast period owing to major economies including China, India, Japan, and Australia. Over the past ten years, the amount of investment in the area as a whole has significantly expanded, particularly in China. Vegan food consumption has increased in the area recently as well. The acceptance of vegan and vegetarian diets in the area is greatly influenced by the claimed advantages for people's health, the environment, and religious considerations. Additionally, individuals are eating less meat and increasing their intake of plant-based meals, such as soy proteins, as a result of growing health concerns.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to that relies heavily on imported raw feed materials, required to buy exponentially more soybeans and soybean meals to keep up with demand. The economies of European Region are generally open and market-driven, and enjoy good connections with the biggest producers of organic soy protein. The countries of this region have recently shifting towards healthier and more nutritious eating habits as a result of the tremendous growth in urban lifestyle thus propelling the growth of the market.
Key players in the market
Some of the key players profiled in the Organic Soy Protein Market include Devansoy Inc., Hodgson Mill, Natural Products Inc., Archer Daniels Midland Company Inc., Agrawal Oil & Biochem, Frank Food Products, Bunge Alimentos SA, SunOpta, Inc., Harvest Innovations, World Food Processing, The Scoular Company, Biopress S.A.S., Smithfield Foods, Inc., Kellogg NA Co., Ag Processing Inc, Doves Farm Foods Ltd, Wilmar International Ltd and The Nisshin OilliO Group, Ltd.
Key Developments:
In May 2023, ADM, Air Protein Sign Strategic Agreement to Advance Development and Production of Unique Landless Protein, It also provides for the mutually exclusive rights for ADM and Air Protein to collaborate to build and operate the world’s first Air Protein commercial scale plant.
In August 2022, ADM and Benson Hill Partner to Scale Innovative Ultra-High Protein Soy for North American Food Ingredient Markets, the partnership will serve a variety of plant-based food and beverage markets to meet savory, sweet and dairy customer needs.
Product Types Covered:
• Textured Protein
• Isolates
• Concentrates
Types Covered:
• Soy Protein Flour
• Soy Protein Concentrates
• Soy Protein Isolates
• Other Types
Forms Covered:
• Liquid
• Dry
Applications Covered:
• Functional Foods
• Bakery & Confectionery
• Meat Alternatives
• Infant Formula
• Dairy Alternatives
• Beverages
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Organic Soy Protein Market, By Product Type
5.1 Introduction
5.2 Textured Protein
5.3 Isolates
5.4 Concentrates
6 Global Organic Soy Protein Market, By Type
6.1 Introduction
6.2 Soy Protein Flour
6.3 Soy Protein Concentrates
6.4 Soy Protein Isolates
6.5 Other Types
7 Global Organic Soy Protein Market, By Form
7.1 Introduction
7.2 Liquid
7.3 Dry
8 Global Organic Soy Protein Market, By Application
8.1 Introduction
8.2 Functional Foods
8.3 Bakery & Confectionery
8.4 Meat Alternatives
8.5 Infant Formula
8.6 Dairy Alternatives
8.7 Beverages
8.8 Other Applications
9 Global Organic Soy Protein Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Devansoy Inc.
11.2 Hodgson Mill
11.3 Natural Products Inc.
11.4 Archer Daniels Midland Company Inc.
11.5 Agrawal Oil & Biochem
11.6 Frank Food Products
11.7 Bunge Alimentos SA
11.8 SunOpta, Inc.
11.9 Harvest Innovations
11.10 World Food Processing
11.11 The Scoular Company
11.12 Biopress S.A.S.
11.13 Smithfield Foods, Inc.
11.14 Kellogg NA Co.
11.15 Ag Processing Inc
11.16 Doves Farm Foods Ltd
11.17 Wilmar International Ltd
11.18 The Nisshin OilliO Group, Ltd
List of Tables
1 Global Organic Soy Protein Market Outlook, By Region (2020-2028) ($MN)
2 Global Organic Soy Protein Market Outlook, By Product Type (2020-2028) ($MN)
3 Global Organic Soy Protein Market Outlook, By Textured Protein (2020-2028) ($MN)
4 Global Organic Soy Protein Market Outlook, By Isolates (2020-2028) ($MN)
5 Global Organic Soy Protein Market Outlook, By Concentrates (2020-2028) ($MN)
6 Global Organic Soy Protein Market Outlook, By Type (2020-2028) ($MN)
7 Global Organic Soy Protein Market Outlook, By Soy Protein Flour (2020-2028) ($MN)
8 Global Organic Soy Protein Market Outlook, By Soy Protein Concentrates (2020-2028) ($MN)
9 Global Organic Soy Protein Market Outlook, By Soy Protein Isolates (2020-2028) ($MN)
10 Global Organic Soy Protein Market Outlook, By Other Types (2020-2028) ($MN)
11 Global Organic Soy Protein Market Outlook, By Form (2020-2028) ($MN)
12 Global Organic Soy Protein Market Outlook, By Liquid (2020-2028) ($MN)
13 Global Organic Soy Protein Market Outlook, By Dry (2020-2028) ($MN)
14 Global Organic Soy Protein Market Outlook, By Application (2020-2028) ($MN)
15 Global Organic Soy Protein Market Outlook, By Functional Foods (2020-2028) ($MN)
16 Global Organic Soy Protein Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
17 Global Organic Soy Protein Market Outlook, By Meat Alternatives (2020-2028) ($MN)
18 Global Organic Soy Protein Market Outlook, By Infant Formula (2020-2028) ($MN)
19 Global Organic Soy Protein Market Outlook, By Dairy Alternatives (2020-2028) ($MN)
20 Global Organic Soy Protein Market Outlook, By Beverages (2020-2028) ($MN)
21 Global Organic Soy Protein Market Outlook, By Other Applications (2020-2028) ($MN)
22 North America Organic Soy Protein Market Outlook, By Country (2020-2028) ($MN)
23 North America Organic Soy Protein Market Outlook, By Product Type (2020-2028) ($MN)
24 North America Organic Soy Protein Market Outlook, By Textured Protein (2020-2028) ($MN)
25 North America Organic Soy Protein Market Outlook, By Isolates (2020-2028) ($MN)
26 North America Organic Soy Protein Market Outlook, By Concentrates (2020-2028) ($MN)
27 North America Organic Soy Protein Market Outlook, By Type (2020-2028) ($MN)
28 North America Organic Soy Protein Market Outlook, By Soy Protein Flour (2020-2028) ($MN)
29 North America Organic Soy Protein Market Outlook, By Soy Protein Concentrates (2020-2028) ($MN)
30 North America Organic Soy Protein Market Outlook, By Soy Protein Isolates (2020-2028) ($MN)
31 North America Organic Soy Protein Market Outlook, By Other Types (2020-2028) ($MN)
32 North America Organic Soy Protein Market Outlook, By Form (2020-2028) ($MN)
33 North America Organic Soy Protein Market Outlook, By Liquid (2020-2028) ($MN)
34 North America Organic Soy Protein Market Outlook, By Dry (2020-2028) ($MN)
35 North America Organic Soy Protein Market Outlook, By Application (2020-2028) ($MN)
36 North America Organic Soy Protein Market Outlook, By Functional Foods (2020-2028) ($MN)
37 North America Organic Soy Protein Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
38 North America Organic Soy Protein Market Outlook, By Meat Alternatives (2020-2028) ($MN)
39 North America Organic Soy Protein Market Outlook, By Infant Formula (2020-2028) ($MN)
40 North America Organic Soy Protein Market Outlook, By Dairy Alternatives (2020-2028) ($MN)
41 North America Organic Soy Protein Market Outlook, By Beverages (2020-2028) ($MN)
42 North America Organic Soy Protein Market Outlook, By Other Applications (2020-2028) ($MN)
43 Europe Organic Soy Protein Market Outlook, By Country (2020-2028) ($MN)
44 Europe Organic Soy Protein Market Outlook, By Product Type (2020-2028) ($MN)
45 Europe Organic Soy Protein Market Outlook, By Textured Protein (2020-2028) ($MN)
46 Europe Organic Soy Protein Market Outlook, By Isolates (2020-2028) ($MN)
47 Europe Organic Soy Protein Market Outlook, By Concentrates (2020-2028) ($MN)
48 Europe Organic Soy Protein Market Outlook, By Type (2020-2028) ($MN)
49 Europe Organic Soy Protein Market Outlook, By Soy Protein Flour (2020-2028) ($MN)
50 Europe Organic Soy Protein Market Outlook, By Soy Protein Concentrates (2020-2028) ($MN)
51 Europe Organic Soy Protein Market Outlook, By Soy Protein Isolates (2020-2028) ($MN)
52 Europe Organic Soy Protein Market Outlook, By Other Types (2020-2028) ($MN)
53 Europe Organic Soy Protein Market Outlook, By Form (2020-2028) ($MN)
54 Europe Organic Soy Protein Market Outlook, By Liquid (2020-2028) ($MN)
55 Europe Organic Soy Protein Market Outlook, By Dry (2020-2028) ($MN)
56 Europe Organic Soy Protein Market Outlook, By Application (2020-2028) ($MN)
57 Europe Organic Soy Protein Market Outlook, By Functional Foods (2020-2028) ($MN)
58 Europe Organic Soy Protein Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
59 Europe Organic Soy Protein Market Outlook, By Meat Alternatives (2020-2028) ($MN)
60 Europe Organic Soy Protein Market Outlook, By Infant Formula (2020-2028) ($MN)
61 Europe Organic Soy Protein Market Outlook, By Dairy Alternatives (2020-2028) ($MN)
62 Europe Organic Soy Protein Market Outlook, By Beverages (2020-2028) ($MN)
63 Europe Organic Soy Protein Market Outlook, By Other Applications (2020-2028) ($MN)
64 Asia Pacific Organic Soy Protein Market Outlook, By Country (2020-2028) ($MN)
65 Asia Pacific Organic Soy Protein Market Outlook, By Product Type (2020-2028) ($MN)
66 Asia Pacific Organic Soy Protein Market Outlook, By Textured Protein (2020-2028) ($MN)
67 Asia Pacific Organic Soy Protein Market Outlook, By Isolates (2020-2028) ($MN)
68 Asia Pacific Organic Soy Protein Market Outlook, By Concentrates (2020-2028) ($MN)
69 Asia Pacific Organic Soy Protein Market Outlook, By Type (2020-2028) ($MN)
70 Asia Pacific Organic Soy Protein Market Outlook, By Soy Protein Flour (2020-2028) ($MN)
71 Asia Pacific Organic Soy Protein Market Outlook, By Soy Protein Concentrates (2020-2028) ($MN)
72 Asia Pacific Organic Soy Protein Market Outlook, By Soy Protein Isolates (2020-2028) ($MN)
73 Asia Pacific Organic Soy Protein Market Outlook, By Other Types (2020-2028) ($MN)
74 Asia Pacific Organic Soy Protein Market Outlook, By Form (2020-2028) ($MN)
75 Asia Pacific Organic Soy Protein Market Outlook, By Liquid (2020-2028) ($MN)
76 Asia Pacific Organic Soy Protein Market Outlook, By Dry (2020-2028) ($MN)
77 Asia Pacific Organic Soy Protein Market Outlook, By Application (2020-2028) ($MN)
78 Asia Pacific Organic Soy Protein Market Outlook, By Functional Foods (2020-2028) ($MN)
79 Asia Pacific Organic Soy Protein Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
80 Asia Pacific Organic Soy Protein Market Outlook, By Meat Alternatives (2020-2028) ($MN)
81 Asia Pacific Organic Soy Protein Market Outlook, By Infant Formula (2020-2028) ($MN)
82 Asia Pacific Organic Soy Protein Market Outlook, By Dairy Alternatives (2020-2028) ($MN)
83 Asia Pacific Organic Soy Protein Market Outlook, By Beverages (2020-2028) ($MN)
84 Asia Pacific Organic Soy Protein Market Outlook, By Other Applications (2020-2028) ($MN)
85 South America Organic Soy Protein Market Outlook, By Country (2020-2028) ($MN)
86 South America Organic Soy Protein Market Outlook, By Product Type (2020-2028) ($MN)
87 South America Organic Soy Protein Market Outlook, By Textured Protein (2020-2028) ($MN)
88 South America Organic Soy Protein Market Outlook, By Isolates (2020-2028) ($MN)
89 South America Organic Soy Protein Market Outlook, By Concentrates (2020-2028) ($MN)
90 South America Organic Soy Protein Market Outlook, By Type (2020-2028) ($MN)
91 South America Organic Soy Protein Market Outlook, By Soy Protein Flour (2020-2028) ($MN)
92 South America Organic Soy Protein Market Outlook, By Soy Protein Concentrates (2020-2028) ($MN)
93 South America Organic Soy Protein Market Outlook, By Soy Protein Isolates (2020-2028) ($MN)
94 South America Organic Soy Protein Market Outlook, By Other Types (2020-2028) ($MN)
95 South America Organic Soy Protein Market Outlook, By Form (2020-2028) ($MN)
96 South America Organic Soy Protein Market Outlook, By Liquid (2020-2028) ($MN)
97 South America Organic Soy Protein Market Outlook, By Dry (2020-2028) ($MN)
98 South America Organic Soy Protein Market Outlook, By Application (2020-2028) ($MN)
99 South America Organic Soy Protein Market Outlook, By Functional Foods (2020-2028) ($MN)
100 South America Organic Soy Protein Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
101 South America Organic Soy Protein Market Outlook, By Meat Alternatives (2020-2028) ($MN)
102 South America Organic Soy Protein Market Outlook, By Infant Formula (2020-2028) ($MN)
103 South America Organic Soy Protein Market Outlook, By Dairy Alternatives (2020-2028) ($MN)
104 South America Organic Soy Protein Market Outlook, By Beverages (2020-2028) ($MN)
105 South America Organic Soy Protein Market Outlook, By Other Applications (2020-2028) ($MN)
106 Middle East & Africa Organic Soy Protein Market Outlook, By Country (2020-2028) ($MN)
107 Middle East & Africa Organic Soy Protein Market Outlook, By Product Type (2020-2028) ($MN)
108 Middle East & Africa Organic Soy Protein Market Outlook, By Textured Protein (2020-2028) ($MN)
109 Middle East & Africa Organic Soy Protein Market Outlook, By Isolates (2020-2028) ($MN)
110 Middle East & Africa Organic Soy Protein Market Outlook, By Concentrates (2020-2028) ($MN)
111 Middle East & Africa Organic Soy Protein Market Outlook, By Type (2020-2028) ($MN)
112 Middle East & Africa Organic Soy Protein Market Outlook, By Soy Protein Flour (2020-2028) ($MN)
113 Middle East & Africa Organic Soy Protein Market Outlook, By Soy Protein Concentrates (2020-2028) ($MN)
114 Middle East & Africa Organic Soy Protein Market Outlook, By Soy Protein Isolates (2020-2028) ($MN)
115 Middle East & Africa Organic Soy Protein Market Outlook, By Other Types (2020-2028) ($MN)
116 Middle East & Africa Organic Soy Protein Market Outlook, By Form (2020-2028) ($MN)
117 Middle East & Africa Organic Soy Protein Market Outlook, By Liquid (2020-2028) ($MN)
118 Middle East & Africa Organic Soy Protein Market Outlook, By Dry (2020-2028) ($MN)
119 Middle East & Africa Organic Soy Protein Market Outlook, By Application (2020-2028) ($MN)
120 Middle East & Africa Organic Soy Protein Market Outlook, By Functional Foods (2020-2028) ($MN)
121 Middle East & Africa Organic Soy Protein Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)
122 Middle East & Africa Organic Soy Protein Market Outlook, By Meat Alternatives (2020-2028) ($MN)
123 Middle East & Africa Organic Soy Protein Market Outlook, By Infant Formula (2020-2028) ($MN)
124 Middle East & Africa Organic Soy Protein Market Outlook, By Dairy Alternatives (2020-2028) ($MN)
125 Middle East & Africa Organic Soy Protein Market Outlook, By Beverages (2020-2028) ($MN)
126 Middle East & Africa Organic Soy Protein Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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