Global Carotenoid Market Research Report 2021

1 Carotenoid Market Overview
1.1 Product Overview and Scope of Carotenoid
1.2 Carotenoid Segment by Type
1.2.1 Global Carotenoid Sales Growth Rate Comparison by Type (2021-2027)
1.2.2 Astaxanthin
1.2.3 Beta-Carotene
1.2.4 Canthaxanthin
1.2.5 Lycopene
1.2.6 Lutein
1.3 Carotenoid Segment by Application
1.3.1 Carotenoid Sales Comparison by Application: (2021-2027)
1.3.2 Food
1.3.3 Feed
1.3.4 Pharmaceuticals
1.3.5 Cosmetics
1.4 Global Carotenoid Market Size Estimates and Forecasts
1.4.1 Global Carotenoid Revenue 2016-2027
1.4.2 Global Carotenoid Sales 2016-2027
1.4.3 Carotenoid Market Size by Region: 2016 Versus 2021 Versus 2027

2 Carotenoid Market Competition by Manufacturers
2.1 Global Carotenoid Sales Market Share by Manufacturers (2016-2021)
2.2 Global Carotenoid Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Carotenoid Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Carotenoid Manufacturing Sites, Area Served, Product Type
2.5 Carotenoid Market Competitive Situation and Trends
2.5.1 Carotenoid Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Carotenoid Players Market Share by Revenue
2.5.3 Global Carotenoid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans

3 Carotenoid Retrospective Market Scenario by Region
3.1 Global Carotenoid Retrospective Market Scenario in Revenue by Region: 2016-2021
3.2 Global Carotenoid Retrospective Market Scenario in Sales by Region: 2016-2021
3.3 North America Carotenoid Market Facts & Figures by Country
3.3.1 North America Carotenoid Sales by Country
3.3.2 North America Carotenoid Revenue by Country
3.3.3 U.S.
3.3.4 Canada
3.4 Europe Carotenoid Market Facts & Figures by Country
3.4.1 Europe Carotenoid Sales by Country
3.4.2 Europe Carotenoid Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 U.K.
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Carotenoid Market Facts & Figures by Region
3.5.1 Asia Pacific Carotenoid Sales by Region
3.5.2 Asia Pacific Carotenoid Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Taiwan
3.5.9 Indonesia
3.5.10 Thailand
3.5.11 Malaysia
3.5.12 Philippines
3.5.13 Vietnam
3.6 Latin America Carotenoid Market Facts & Figures by Country
3.6.1 Latin America Carotenoid Sales by Country
3.6.2 Latin America Carotenoid Revenue by Country
3.6.3 Mexico
3.6.4 Brazil
3.6.5 Argentina
3.7 Middle East and Africa Carotenoid Market Facts & Figures by Country
3.7.1 Middle East and Africa Carotenoid Sales by Country
3.7.2 Middle East and Africa Carotenoid Revenue by Country
3.7.3 Turkey
3.7.4 Saudi Arabia
3.7.5 U.A.E
4 Global Carotenoid Historic Market Analysis by Type
4.1 Global Carotenoid Sales Market Share by Type (2016-2021)
4.2 Global Carotenoid Revenue Market Share by Type (2016-2021)
4.3 Global Carotenoid Price by Type (2016-2021)

5 Global Carotenoid Historic Market Analysis by Application
5.1 Global Carotenoid Sales Market Share by Application (2016-2021)
5.2 Global Carotenoid Revenue Market Share by Application (2016-2021)
5.3 Global Carotenoid Price by Application (2016-2021)

6 Key Companies Profiled
6.1 DSM
6.1.1 DSM Corporation Information
6.1.2 DSM Description and Business Overview
6.1.3 DSM Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.1.4 DSM Product Portfolio
6.1.5 DSM Recent Developments/Updates
6.2 BASF
6.2.1 BASF Corporation Information
6.2.2 BASF Description and Business Overview
6.2.3 BASF Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.2.4 BASF Product Portfolio
6.2.5 BASF Recent Developments/Updates
6.3 Allied Biotech
6.3.1 Allied Biotech Corporation Information
6.3.2 Allied Biotech Description and Business Overview
6.3.3 Allied Biotech Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.3.4 Allied Biotech Product Portfolio
6.3.5 Allied Biotech Recent Developments/Updates
6.4 Chenguang Biotech
6.4.1 Chenguang Biotech Corporation Information
6.4.2 Chenguang Biotech Description and Business Overview
6.4.3 Chenguang Biotech Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Chenguang Biotech Product Portfolio
6.4.5 Chenguang Biotech Recent Developments/Updates
6.5 FMC
6.5.1 FMC Corporation Information
6.5.2 FMC Description and Business Overview
6.5.3 FMC Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.5.4 FMC Product Portfolio
6.5.5 FMC Recent Developments/Updates
6.6 Dohler
6.6.1 Dohler Corporation Information
6.6.2 Dohler Description and Business Overview
6.6.3 Dohler Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.6.4 Dohler Product Portfolio
6.6.5 Dohler Recent Developments/Updates
6.7 Chr. Hansen
6.6.1 Chr. Hansen Corporation Information
6.6.2 Chr. Hansen Description and Business Overview
6.6.3 Chr. Hansen Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Chr. Hansen Product Portfolio
6.7.5 Chr. Hansen Recent Developments/Updates
6.8 Carotech
6.8.1 Carotech Corporation Information
6.8.2 Carotech Description and Business Overview
6.8.3 Carotech Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.8.4 Carotech Product Portfolio
6.8.5 Carotech Recent Developments/Updates
6.9 DDW
6.9.1 DDW Corporation Information
6.9.2 DDW Description and Business Overview
6.9.3 DDW Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.9.4 DDW Product Portfolio
6.9.5 DDW Recent Developments/Updates
6.10 Excelvite
6.10.1 Excelvite Corporation Information
6.10.2 Excelvite Description and Business Overview
6.10.3 Excelvite Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.10.4 Excelvite Product Portfolio
6.10.5 Excelvite Recent Developments/Updates
6.11 Anhui Wisdom
6.11.1 Anhui Wisdom Corporation Information
6.11.2 Anhui Wisdom Carotenoid Description and Business Overview
6.11.3 Anhui Wisdom Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.11.4 Anhui Wisdom Product Portfolio
6.11.5 Anhui Wisdom Recent Developments/Updates
6.12 Tian Yin
6.12.1 Tian Yin Corporation Information
6.12.2 Tian Yin Carotenoid Description and Business Overview
6.12.3 Tian Yin Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.12.4 Tian Yin Product Portfolio
6.12.5 Tian Yin Recent Developments/Updates
6.13 Kemin
6.13.1 Kemin Corporation Information
6.13.2 Kemin Carotenoid Description and Business Overview
6.13.3 Kemin Carotenoid Sales, Revenue and Gross Margin (2016-2021)
6.13.4 Kemin Product Portfolio
6.13.5 Kemin Recent Developments/Updates

7 Carotenoid Manufacturing Cost Analysis
7.1 Carotenoid Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Carotenoid
7.4 Carotenoid Industrial Chain Analysis

8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Carotenoid Distributors List
8.3 Carotenoid Customers

9 Carotenoid Market Dynamics
9.1 Carotenoid Industry Trends
9.2 Carotenoid Growth Drivers
9.3 Carotenoid Market Challenges
9.4 Carotenoid Market Restraints

10 Global Market Forecast
10.1 Carotenoid Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Carotenoid by Type (2022-2027)
10.1.2 Global Forecasted Revenue of Carotenoid by Type (2022-2027)
10.2 Carotenoid Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Carotenoid by Application (2022-2027)
10.2.2 Global Forecasted Revenue of Carotenoid by Application (2022-2027)
10.3 Carotenoid Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Carotenoid by Region (2022-2027)
10.3.2 Global Forecasted Revenue of Carotenoid by Region (2022-2027)

11 Research Finding and Conclusion

12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer

List of Tables
Table 1. Global Carotenoid Sales (K MT) Growth Rate Comparison by Type (2021-2027)
Table 2. Global Carotenoid Sales (K MT) Comparison by Application (2021-2027)
Table 3. Global Carotenoid Market Size by Region (US$ Million) (2016 VS 2021 VS 2027)
Table 4. Key Manufacturers Carotenoid Covered in This Study
Table 5. Global Carotenoid Sales (K MT) of Key Manufacturers (2016-2021)
Table 6. Global Carotenoid Sales Share by Manufacturers (2016-2021)
Table 7. Global Carotenoid Revenue (US$ Million) by Manufacturers (2016-2021)
Table 8. Global Carotenoid Revenue Share by Manufacturers (2016-2021)
Table 9. Global Market Carotenoid Average Price (USD/MT) of Key Manufacturers (2016-2021)
Table 10. Manufacturers Carotenoid Manufacturing Sites and Area Served
Table 11. Manufacturers Carotenoid Product Type
Table 12. Global Carotenoid Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 13. Global Carotenoid by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Carotenoid as of 2020)
Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 15. Global Carotenoid Sales by Region (2016-2021) & (K MT)
Table 16. Global Carotenoid Sales Market Share by Region (2016-2021)
Table 17. Global Carotenoid Revenue by Region (2016-2021) & (US$ Million)
Table 18. North America Carotenoid Sales by Country (2016-2021) & (K MT)
Table 19. North America Carotenoid Sales Market Share by Country (2016-2021)
Table 20. North America Carotenoid Revenue by Country (2016-2021) & (US$ Million)
Table 21. North America Carotenoid Revenue Market Share by Country (2016-2021)
Table 22. Europe Carotenoid Sales by Country (2016-2021) & (K MT)
Table 23. Europe Carotenoid Sales Market Share by Country (2016-2021)
Table 24. Europe Carotenoid Revenue by Country (2016-2021) & (US$ Million)
Table 25. Europe Carotenoid Revenue Market Share by Country (2016-2021)
Table 26. Asia Pacific Carotenoid Sales by Region (2016-2021) & (K MT)
Table 27. Asia Pacific Carotenoid Sales Market Share by Region (2016-2021)
Table 28. Asia Pacific Carotenoid Revenue by Region (2016-2021) & (US$ Million)
Table 29. Asia Pacific Carotenoid Revenue Market Share by Region (2016-2021)
Table 30. Latin America Carotenoid Sales by Country (2016-2021) & (K MT)
Table 31. Latin America Carotenoid Sales Market Share by Country (2016-2021)
Table 32. Latin America Carotenoid Revenue by Country (2016-2021) & (US$ Million)
Table 33. Latin America Carotenoid Revenue Market Share by Country (2016-2021)
Table 34. Middle East and Africa Carotenoid Sales by Country (2016-2021) & (K MT)
Table 35. Middle East and Africa Carotenoid Sales Market Share by Country (2016-2021)
Table 36. Middle East and Africa Carotenoid Revenue by Country (2016-2021) & (US$ Million)
Table 37. Middle East and Africa Carotenoid Revenue Market Share by Country (2016-2021)
Table 38. Global Carotenoid Sales (K MT) by Type (2016-2021)
Table 39. Global Carotenoid Sales Market Share by Type (2016-2021)
Table 40. Global Carotenoid Revenue (Million US$) by Type (2016-2021)
Table 41. Global Carotenoid Revenue Share by Type (2016-2021)
Table 42. Global Carotenoid Price (USD/MT) by Type (2016-2021)
Table 43. Global Carotenoid Sales (K MT) by Application (2016-2021)
Table 44. Global Carotenoid Sales Market Share by Application (2016-2021)
Table 45. Global Carotenoid Revenue (Million US$) by Application (2016-2021)
Table 46. Global Carotenoid Revenue Share by Application (2016-2021)
Table 47. Global Carotenoid Price (USD/MT) by Application (2016-2021)
Table 48. DSM Corporation Information
Table 49. DSM Description and Business Overview
Table 50. DSM Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 51. DSM Carotenoid Product
Table 52. DSM Recent Developments/Updates
Table 53. BASF Corporation Information
Table 54. BASF Description and Business Overview
Table 55. BASF Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 56. BASF Carotenoid Product
Table 57. BASF Recent Developments/Updates
Table 58. Allied Biotech Corporation Information
Table 59. Allied Biotech Description and Business Overview
Table 60. Allied Biotech Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 61. Allied Biotech Carotenoid Product
Table 62. Allied Biotech Recent Developments/Updates
Table 63. Chenguang Biotech Corporation Information
Table 64. Chenguang Biotech Description and Business Overview
Table 65. Chenguang Biotech Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 66. Chenguang Biotech Carotenoid Product
Table 67. Chenguang Biotech Recent Developments/Updates
Table 68. FMC Corporation Information
Table 69. FMC Description and Business Overview
Table 70. FMC Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 71. FMC Carotenoid Product
Table 72. FMC Recent Developments/Updates
Table 73. Dohler Corporation Information
Table 74. Dohler Description and Business Overview
Table 75. Dohler Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 76. Dohler Carotenoid Product
Table 77. Dohler Recent Developments/Updates
Table 78. Chr. Hansen Corporation Information
Table 79. Chr. Hansen Description and Business Overview
Table 80. Chr. Hansen Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 81. Chr. Hansen Carotenoid Product
Table 82. Chr. Hansen Recent Developments/Updates
Table 83. Carotech Corporation Information
Table 84. Carotech Description and Business Overview
Table 85. Carotech Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 86. Carotech Carotenoid Product
Table 87. Carotech Recent Developments/Updates
Table 88. DDW Corporation Information
Table 89. DDW Description and Business Overview
Table 90. DDW Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 91. DDW Carotenoid Product
Table 92. DDW Recent Developments/Updates
Table 93. Excelvite Corporation Information
Table 94. Excelvite Description and Business Overview
Table 95. Excelvite Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 96. Excelvite Carotenoid Product
Table 97. Excelvite Recent Developments/Updates
Table 98. Anhui Wisdom Corporation Information
Table 99. Anhui Wisdom Description and Business Overview
Table 100. Anhui Wisdom Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 101. Anhui Wisdom Carotenoid Product
Table 102. Anhui Wisdom Recent Developments/Updates
Table 103. Tian Yin Corporation Information
Table 104. Tian Yin Description and Business Overview
Table 105. Tian Yin Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 106. Tian Yin Carotenoid Product
Table 107. Tian Yin Recent Developments/Updates
Table 108. Kemin Corporation Information
Table 109. Kemin Description and Business Overview
Table 110. Kemin Carotenoid Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 111. Kemin Carotenoid Product
Table 112. Kemin Recent Developments/Updates
Table 113. Production Base and Market Concentration Rate of Raw Material
Table 114. Key Suppliers of Raw Materials
Table 115. Carotenoid Distributors List
Table 116. Carotenoid Customers List
Table 117. Carotenoid Market Trends
Table 118. Carotenoid Growth Drivers
Table 119. Carotenoid Market Restraints
Table 120. Global Carotenoid Sales Forecast by Type (2022-2027) & (K MT)
Table 121. Global Carotenoid Sales Market Share Forecast by Type (2022-2027)
Table 122. Global Carotenoid Revenue Forecast by Type (2022-2027) & (US$ Million)
Table 123. Global Carotenoid Revenue Market Share Forecast by Type (2022-2027)
Table 124. Global Carotenoid Sales Forecast by Application (2022-2027) & (K MT)
Table 125. Global Carotenoid Sales Market Share Forecast by Application (2022-2027)
Table 126. Global Carotenoid Revenue Forecast by Application (2022-2027) & (US$ Million)
Table 127. Global Carotenoid Revenue Market Share Forecast by Application (2022-2027)
Table 128. Global Carotenoid Sales Forecast by Region (2022-2027) & (K MT)
Table 129. Global Carotenoid Sales Market Share Forecast by Region (2022-2027)
Table 130. Global Carotenoid Revenue Forecast by Region (2022-2027) & (US$ Million)
Table 131. Global Carotenoid Revenue Market Share Forecast by Region (2022-2027)
Table 132. Research Programs/Design for This Report
Table 133. Key Data Information from Secondary Sources
Table 134. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Carotenoid
Figure 2. Global Carotenoid Market Share by Type in 2020 & 2027
Figure 3. Astaxanthin Product Picture
Figure 4. Beta-Carotene Product Picture
Figure 5. Canthaxanthin Product Picture
Figure 6. Lycopene Product Picture
Figure 7. Lutein Product Picture
Figure 8. Global Carotenoid Market Share by Application in 2020 & 2027
Figure 9. Food
Figure 10. Feed
Figure 11. Pharmaceuticals
Figure 12. Cosmetics
Figure 13. Global Carotenoid Revenue, (US$ Million), 2016 VS 2021 VS 2027
Figure 14. Global Carotenoid Market Size 2016-2027 (US$ Million)
Figure 15. Global Carotenoid Sales 2016-2027 (K MT)
Figure 16. Global Carotenoid Market Size Market Share by Region: 2016 VS 20210 VS 2027
Figure 17. Carotenoid Sales Share by Manufacturers in 2020
Figure 18. Global Carotenoid Revenue Share by Manufacturers in 2020
Figure 19. The Global 5 and 10 Largest Carotenoid Players: Market Share by Revenue in 2020
Figure 20. Carotenoid Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2021
Figure 21. Global Carotenoid Sales Market Share by Region (2016-2021)
Figure 22. Global Carotenoid Sales Market Share by Region in 2020
Figure 23. Global Carotenoid Revenue Market Share by Region (2016-2021)
Figure 24. Global Carotenoid Revenue Market Share by Region in 2020
Figure 25. U.S. Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 26. Canada Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 27. Germany Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 28. France Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 29. U.K. Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 30. Italy Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 31. Russia Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 32. China Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 33. Japan Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 34. South Korea Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 35. India Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 36. Australia Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 37. Taiwan Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 38. Indonesia Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 39. Thailand Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 40. Malaysia Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 41. Philippines Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 42. Vietnam Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 43. Mexico Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 44. Brazil Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 45. Argentina Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 46. Turkey Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 47. Saudi Arabia Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 48. U.A.E Carotenoid Revenue Growth Rate (2016-2021) (US$ Million)
Figure 49. Sales Market Share of Carotenoid by Type (2016-2021)
Figure 50. Sales Market Share of Carotenoid by Application (2016-2021)
Figure 51. Sales Market Share of Carotenoid by Application in 2020
Figure 52. Revenue Share of Carotenoid by Application (2016-2021)
Figure 53. Revenue Share of Carotenoid by Application in 2020
Figure 54. Manufacturing Cost Structure of Carotenoid
Figure 55. Manufacturing Process Analysis of Carotenoid
Figure 56. Carotenoid Industrial Chain Analysis
Figure 57. Channels of Distribution
Figure 58. Distributors Profiles
Figure 59. Bottom-up and Top-down Approaches for This Report
Figure 60. Data Triangulation
Figure 61. Key Executives Interviewed

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.