- +1-315-215-1633
- sales@thebrainyinsights.com
The global personalized nutrition market is expected to grow from USD 0.98 billion in 2020 to USD 3.56 billion by 2030, at a CAGR of 9.6% during the forecast period 2021-2030.Global personalized nutrition market is witnessing a considerable growth owing to the rising healthcare expenditure amongst population.
A personalized nutrition plan, otherwise known as customized nourishment approach depends on the possibility that by customized nutrition counsel by the nutritionists and various other dietary experts to bring out dietary improvements in order to optimize and improve our health and wellbeing and thusminimizing the risks of diseases like obesity, heart disease and type 2 diabetes. Peronalized nutrition is at the core of what enlisted dietitians have been doing since the approach of the calling: conveying custom-made nourishment counsel that fits the physical, clinical and enthusiastic necessities of their patients. In the recent times, things have gotten significantly more explicit. Presently, personalized nutrition includes a more top to bottom methodology, surveying an individual's hereditary qualities, dietary propensities, physical movement, rest practices, microbiome, and even the metabolism rates, which is a term depicting the little particles created by the body that may have impacts on the manner in which an individual works. Personalized nutrition industry includes products like vitamins, minerals, proteins & amino acids, herbs & botanicals, fibers & specialty carbohydrates fatty acids, probiotics, and others including prebiotics, glucosamine, carotenoids, and others.
Get an overview of this study by requesting a free sample
In the present scenario,the population across developed and developing countries are progressively searching for custom-made ways to deal with their wellbeing and health to help meet explicit health objectives inside the necessary time allotment. Owing to the technological advancements, there has been serious development that can offer the knowledge and informationwhich is needed to generate custom nutritional plans effectively and efficiently. As asubstitutionin comparison to ordinary, traditional health techniques, personalized nutrition planprovides the customers to maintaina strict dietary routine. The rise in health consciousness among the people all across the globe owing to the rise in disposable income coupled with increasing health related problems such as obesity is the primary factor for market growth and development.
The increasing demand for organic and natural food products is the primary factor for market growth and development. Organic food is different from conventionally and traditionally grown food because organic food is grown under a natural system of agriculture, without the usage of synthetic pesticides and fertilizers. Natural food products are made from organically produced raw materials. The rise in popularity of these products is the result of the increasing awareness with regard to the health benefits of organic food. According to organic consumer association, the sales of organic food have grown by 20 percent annually, and data also predicts that the industry's share of the U.S. food market is expected to grow from about 2 percent to roughly 3.5 percent by the end of the decade.
There’s still a huge gap the eating and sleeping patterns with respect to the genes (and vice versa) and the interplay with the behavior of a person and environments. Diseases like diabetes and obesity are growing complex these days owing to the lifestyle related changes.There are multiple genetic pathways that could predispose an individualcould gain weight or having trouble controlling their blood sugar level.Another major limitation of personalized nutrition is its reliance on understanding exactly what a person eats, which is important in determining how bodies respond to different nutrients and food products.
Owing to the technological advancements, the rising trend of health monitoring apps is going to offer potential opportunities for the market growth.The increasing adoption of the smartphones and tablets is the main reason behind the rise of the health monitoring apps. In recent times, a person who owns a smartphone can easily monitor their state of wellbeing and happiness. Moreover, Patient-generated data is already playing an increasingly important role in heath monitoring applications. People these days want to know and learn from their own health data. The rise of digital technologies innovations has transformed patient-generated data into a high-value resource. Data from consumer health technologies, including in-home medical devices, mHealth apps, and smart wearablesare driving personalized and custom approaches to healthcare management.
Counterfeit foods can endanger the health and safety and ultimately cost consumers a great deal of money. Moreover, counterfeiting can severely damage trust, confidence and brand identity of any organization. According to the Grocery Manufacturers Association (GMA) in the U.S., it is projected that the counterfeiting of global food and consumer products may cost the industry around USD 12 to 15 billion per year. The effects of counterfeit food products can be relentlessly damaging to health and may cause death in some cases. Thus, the availability of the counterfeit products will hamper the market growth and development in future.
The global personalized nutrition market has been segmented based on recommendation, supplements, dosageand regions.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa.North America region emerged as the largest market for the personalized nutrition market with around 37.1% share of the market revenue in 2020.
North America Personalized Nutrition Market Share in 2020- 37.1%
www.thebrainyinsights.com
Check the geographical analysis of this market by requesting a free sample
The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances and partnerships to improve their market position in the global personalized nutrition industry.
In July 2018, Royal DSM acquired an equity stake in Mixfit Inc. This acquisition announced the partnership between DSM & Mixfitaiming at developing nutritional products and dietary supplements.
In 2018, Nestle S.A. chose the aging population of Japan to launch its first personalized nutrition service using a blend of artificial intelligence, DNA testing and smartphone services.
As per The Brainy Insights, the size of the personalized nutrition market was valued at USD 0.98 billion in 2020 and is anticipated to reach USD 3.56 billion by 2030.
Global personalized nutrition market is growing at a CAGR of 9.6% during the forecast period 2021-2030.
The global personalized nutrition market has been segmented based on recommendation, supplements, dosage and regions. The repeat recommendation segment is going to dominate the market in 2020.
The global personalized nutrition market has been segmented based on recommendation, supplements, dosage and regions. . The repeat recommendation segment is going to dominate the market in 2019.
The North America region emerged as the largest market for the personalized nutrition.
Rising health consciousness amongst population is the key driving factor for the personalized nutrition market.
Complications involved with the personalized nutrition plan could hamper the market growth.
Rising trend of health monitoring apps will provide huge opportunities to the market.
Key players are BASF SE, Caligenix, Care/of, DayTwo Inc., DNAFit, Genomix Nutrition, Inc. (GX Sciences, Inc.), and Habit Food Personalized, LLC among others.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Recommendation
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Dosage
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising health consciousness amongst population
5.2.2. Increasing demand for organic and natural food products
5.3. Restrains
5.3.1. Complications involved with the personalized nutrition plan
5.4. Opportunities
5.4.1. Rising trend of health monitoring apps
5.5. Challenges
5.5.1. Availability of counterfeit products
6. Global Personalized Nutrition Market Analysis and Forecast, By Recommendation
6.1. Segment Overview
6.2. Fixed
6.3. Repeat
6.4. Continuous
7. Global Personalized Nutrition Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Dietary Supplements & Nutraceuticals
7.2.1. Vitamins
7.2.2. Proteins
7.2.3. Minerals
7.2.4. Amino Acids
7.2.5. Enzymes
7.2.6. Others
7.3. Functional Food
7.3.1. Dietary Fibers
7.3.2. Fatty Acids
7.3.3. Prebiotics & Probiotics
7.3.4. Carotenoids
8. Global Personalized Nutrition MarketAnalysis and Forecast, By Dosage
8.1. Segment Overview
8.2. Tablets
8.3. Capsule
8.4. Powder
8.5. Liquids
9. Global Personalized Nutrition MarketAnalysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Personalized Nutrition Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in GlobalPersonalized Nutrition Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. BASF SE
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Caligenix
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Care/of
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. DayTwo Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. DNAFit
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. CompanyProduct Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Genomix Nutrition, Inc. (GX Sciences, Inc.)
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Habit Food Personalized, LLC
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. InsideTracker (Segterra)
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Lonza
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Metagenics, Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Mixfit Inc. (DSM)
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Nutrigenomix Inc.
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Telomere Diagnostics, Inc. (TeloYears)
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Orig3n
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Pure Encapsulations
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. SDC Nutrition Inc.
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. STYRLABS
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. Vitagene
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Vitamin Packs, Inc.
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. Zipongo
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Product Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
List of Table
1. Global Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
2. Global Fixed Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
3. Global Repeat Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
4. Global Continuous Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
5. Global Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
6. Global Dietary Supplements & Nutraceuticals Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
7. Global Functional Food, Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
8. Global Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
9. Global Tablets Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
10. Global Capsule Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
11. Global Powder Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
12. Global Liquids Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
13. Global Personalized Nutrition Market, By Region, 2018–2030(USD Billion)
14. Global Personalized Nutrition Market, By North America, 2018–2030(USD Billion)
15. North America Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
16. North America Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
17. North America Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
18. U.S. Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
19. U.S. Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
20. U.S. Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
21. Canada Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
22. Canada Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
23. Canada Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
24. Mexico Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
25. Mexico Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
26. Mexico Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
27. Europe Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
28. Europe Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
29. Europe Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
30. Germany Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
31. Germany Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
32. Germany Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
33. France Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
34. France Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
35. France Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
36. U.K. Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
37. U.K. Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
38. U.K. Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
39. Italy Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
40. Italy Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
41. Italy Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
42. Spain Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
43. Spain Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
44. Spain Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
45. Asia Pacific Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
46. Asia Pacific Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
47. Asia Pacific Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
48. Japan Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
49. Japan Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
50. Japan Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
51. China Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
52. China Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
53. China Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
54. India Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
55. India Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
56. India Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
57. South America Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
58. South America Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
59. South America Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
60. Brazil Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
61. Brazil Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
62. Brazil Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
63. Middle East and Africa Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
64. Middle East and Africa Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
65. Middle East and Africa Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
66. UAE Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
67. UAE Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
68. UAE Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
69. South Africa Personalized Nutrition Market, By Recommendation, 2018–2030(USD Billion)
70. South Africa Personalized Nutrition Market, By Application, 2018–2030(USD Billion)
71. South Africa Personalized Nutrition Market, By Dosage, 2018–2030(USD Billion)
List of Figures
1. Global Personalized Nutrition Market Segmentation
2. Personalized Nutrition 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 Personalized Nutrition Market Attractiveness Analysis By Recommendation
9. Global Personalized Nutrition Market Attractiveness Analysis By Application
10. Global Personalized Nutrition Market Attractiveness Analysis By Dosage
11. Global Personalized Nutrition Market Attractiveness Analysis By Region
12. Global Personalized Nutrition Market: Dynamics
13. Global Personalized Nutrition Market Share By Recommendation (2021 & 2030)
14. Global Personalized Nutrition Market Share By Application (2021 & 2030)
15. Global Personalized Nutrition Market Share By Dosage(2021 & 2030)
16. Global Personalized Nutrition Market Share by Regions (2021 & 2030)
17. Global Personalized Nutrition Market Share by Company (2020)
This study forecasts revenue at global, regional, and country levels from 2018 to 2030. The Brainy Insights has segmented the global personalized nutrition market on the basis of below mentioned segments:
Global Personalized Nutrition Market by Recommendation:
Global Personalized Nutrition Market by Application:
Global Personalized Nutrition Market by Dosage:
Global Personalized Nutrition Market by Region:
Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision.
Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.
The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.
Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:
The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.
The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.
Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
The demand side for the market is estimated through:
In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative 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, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
Free Customization
Fortune 500 Clients
Free Yearly Update On Purchase Of Multi/Corporate License
Companies Served Till Date
