Air Dried Vegetables Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0196248
  • Format: Electronic (PDF)
  • Number of Pages: 224
  • Author(s): Joshi, Madhavi

Report Overview

The Air Dried Vegetables Market size was estimated at USD 850 million in 2023 and is projected to reach USD 1.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.60% during the forecast period (2024-2030).

Air Dried Vegetables Market

(Market Size)
$850 million
$1.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 8.60%
2023 Market Size USD 850 million
2030 Market Size USD 1.5 billion
Key Players Nestlé, Unilever, Kraft Heinz, Mondelez, General Mills

Market Summary

The air dried vegetables market is a significant segment within the global food and beverages industry, characterized by the preservation of vegetables through dehydration processes that retain nutritional value, flavor, and color. This market caters to both consumer and industrial demand for convenient, shelf-stable, and natural food ingredients. Air drying involves the removal of moisture using controlled temperature and airflow, which inhibits microbial growth and extends shelf life without the need for chemical preservatives. Key vegetables processed include onions, carrots, peas, potatoes, and bell peppers, among others. The market serves various end-use sectors, including food processing, ready-to-eat meals, soups and sauces, snacks, and the rapidly expanding health food segment. Growing consumer awareness regarding the benefits of natural and minimally processed foods is a primary factor influencing market dynamics. Additionally, the trend towards plant-based diets and clean label products further propels demand. The market is globally distributed, with production and consumption hubs in North America, Europe, Asia Pacific, and other regions, each exhibiting distinct preferences and growth patterns driven by local dietary habits and economic factors.

Key Highlights

The air dried vegetables market is distinguished by several key highlights that underscore its growth and relevance. A prominent feature is the superior retention of nutrients and original flavor compared to other preservation methods, making these products highly desirable among health-conscious consumers and food manufacturers seeking quality ingredients. The extended shelf life and reduced weight of air dried vegetables facilitate easier storage and transportation, lowering logistical costs and minimizing food waste, which aligns with sustainability goals. Innovation in drying technologies, such as advanced airflow systems and energy-efficient processes, has enhanced product quality and operational efficiency for manufacturers. The market benefits from the robust expansion of the processed food industry, where air dried vegetables are integral components in numerous applications, including instant noodles, seasonings, and culinary preparations. Furthermore, the shift towards organic and non-GMO variants represents a significant trend, with companies increasingly focusing on certified products to capture premium market segments. These factors collectively highlight the market's adaptability and potential for sustained growth in the evolving food landscape.

Drivers, Opportunities & Restraints

Several drivers propel the air dried vegetables market, including rising consumer demand for convenient and healthy food options that fit busy lifestyles. The growing preference for natural and preservative-free ingredients supports market expansion, as air drying is perceived as a clean label method. Increasing urbanization and disposable incomes in emerging economies also drive consumption, alongside the proliferation of food service outlets and ready-to-eat product lines. Opportunities abound in the development of innovative product blends and customized vegetable mixes tailored to specific regional cuisines and dietary requirements. Expansion into untapped geographic markets, particularly in Asia Pacific and Latin America, presents significant growth potential due to changing food habits and economic development. However, the market faces restraints such as high initial investment costs for advanced drying equipment, which can be a barrier for small-scale entrants. Seasonal variability in vegetable supply may impact production consistency and pricing. Additionally, competition from alternative preservation methods, including freeze-drying and dehydrated products, poses a challenge, requiring continuous innovation and quality differentiation to maintain market position.

Concentration Insights

The air dried vegetables market exhibits a moderate level of concentration, with a mix of large multinational corporations and specialized regional players. Leading companies such as Olam International, Sensient Technologies Corporation, and Jain Irrigation Systems Ltd. dominate significant market shares due to their extensive product portfolios, advanced processing capabilities, and strong distribution networks. These players often engage in strategic activities like mergers, acquisitions, and partnerships to enhance their market presence and expand into new regions. Simultaneously, numerous small and medium-sized enterprises focus on niche segments, such as organic or specialty vegetables, catering to localized demand and specific consumer preferences. The competitive landscape is characterized by continuous innovation in product development and processing technologies to improve efficiency and sustainability. Geographic concentration is notable, with key production facilities located in regions with abundant agricultural output, such as North America, Europe, and Asia Pacific. This concentration influences supply chain dynamics and pricing strategies, with companies striving to optimize sourcing and production to meet global demand while maintaining quality standards.

Type Insights

The air dried vegetables market is segmented by type, with onions, tomatoes, carrots, peas, and potatoes being among the most commonly processed varieties. Each type offers distinct characteristics and applications, influencing their demand across different sectors. Air dried onions are widely used in culinary preparations, seasonings, and snack foods due to their potent flavor and versatility. Tomatoes are valued for their rich taste and color, making them ideal for soups, sauces, and ready meals. Carrots and peas are popular for their nutritional content and are frequently incorporated into health foods, infant nutrition, and frozen food blends. Potatoes are essential in instant meals and processed snacks. The market also sees growing interest in exotic and specialty vegetables, such as bell peppers, mushrooms, and herbs, driven by consumer curiosity and the globalization of cuisines. Product differentiation often revolves around factors like cut size, powder form, or customized blends designed for specific industrial applications. The diversity in vegetable types allows manufacturers to cater to a broad range of customer needs, from bulk industrial ingredients to retail consumer packages.

Application Insights

Air dried vegetables find applications across multiple segments within the food and beverages industry, highlighting their versatility and essential role. The food processing sector is the largest application area, utilizing these ingredients in products like soups, sauces, dressings, and ready-to-eat meals, where they provide flavor, texture, and nutritional enhancement. The snacks industry incorporates air dried vegetables into items such as vegetable chips, extruded snacks, and seasoning blends to meet demand for healthier alternatives. In the culinary sector, they are used by food service providers and households as convenient ingredients for quick meal preparation. The growing health and wellness trend has spurred their use in dietary supplements, functional foods, and organic product lines. Additionally, air dried vegetables are increasingly featured in pet food formulations to improve nutritional profiles. Each application segment demands specific quality attributes, such as particle size, color retention, and rehydration properties, driving manufacturers to tailor their offerings accordingly. The expansion of these application areas underscores the integral position of air dried vegetables in modern food systems.

Regional Insights

The air dried vegetables market demonstrates varied dynamics across different regions, influenced by dietary patterns, economic conditions, and agricultural practices. North America and Europe are mature markets characterized by high consumer awareness of health and convenience, robust food processing industries, and stringent quality standards. These regions are leaders in innovation and sustainability initiatives, with strong demand for organic and non-GMO products. Asia Pacific is the fastest-growing region, driven by rising populations, urbanization, and increasing adoption of processed foods in countries like China, India, and Japan. The region benefits from abundant vegetable production and cost-effective labor, making it a key manufacturing hub. Latin America and the Middle East and Africa are emerging markets, with growth fueled by economic development and changing consumer preferences towards convenient food options. Regional differences also manifest in taste preferences and application focus, necess tailored product strategies. Companies operating globally must navigate diverse regulatory environments and supply chain complexities to capitalize on regional opportunities effectively.

Company Insights

The competitive landscape of the air dried vegetables market includes several key players renowned for their innovation, quality, and market reach. Olam International is a prominent participant, offering a wide range of dehydrated vegetable products through its global network and focus on sustainable sourcing. Sensient Technologies Corporation is recognized for its expertise in natural ingredients and customized solutions for food manufacturers. Jain Irrigation Systems Ltd. leverages its agricultural background to provide high-quality air dried vegetables with an emphasis on efficiency and sustainability. Other significant companies include Harmony House Foods, Inc., which specializes in natural and organic dried vegetables, and European Freeze Dry, known for its advanced drying technologies and premium products. These companies invest heavily in research and development to enhance product offerings and processing techniques, often focusing on clean label and non-GMO trends to meet evolving consumer demands. Strategic expansions, acquisitions, and partnerships are common as firms seek to strengthen their market positions and expand their geographic and product portfolios in this competitive environment.

Recent Developments

Recent developments in the air dried vegetables market reflect ongoing innovation and strategic movements aimed at capturing growth opportunities. Companies are increasingly investing in advanced drying technologies to improve energy efficiency and product quality, such as the adoption of solar-assisted drying systems and optimized airflow designs. There is a noticeable trend towards sustainability initiatives, including water conservation measures and waste reduction programs, to align with environmental concerns and consumer expectations. Product innovation remains a key focus, with launches of new vegetable blends, single-origin offerings, and applications tailored for specific dietary trends like vegan and gluten-free diets. Strategic acquisitions and partnerships have been observed, enabling companies to expand their production capacities and enter new markets. For instance, several players have enhanced their presence in Asia Pacific through joint ventures with local agricultural producers. Additionally, marketing efforts emphasize the natural and health benefits of air dried vegetables, leveraging digital platforms to reach a broader audience. These developments indicate a dynamic market environment where adaptability and innovation are crucial for sustained success.

Report Segmentation

The air dried vegetables market report is comprehensively segmented to provide detailed insights into various aspects of the industry. Segmentation by type includes categories such as onions, tomatoes, carrots, peas, potatoes, and others, each analyzed for their market share, growth potential, and application relevance. By application, the market is divided into food processing, snacks, culinary uses, health foods, and others, highlighting demand patterns and innovation areas within each segment. Geographic segmentation covers key regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, with analysis of regional trends, drivers, and competitive landscapes. Additionally, the report may feature segmentation by form, such as powder, flakes, granules, and pieces, to address specific customer requirements and usage contexts. Further breakdowns by distribution channel, including business-to-business and business-to-consumer, and by nature, such as organic and conventional, offer nuanced understanding of market dynamics. This multi-faceted segmentation enables stakeholders to identify growth opportunities, tailor strategies, and make informed decisions based on precise market intelligence.

FAQs

What are air dried vegetables? Air dried vegetables are produce that have undergone a dehydration process using controlled air flow and temperature to remove moisture, preserving their nutritional content, flavor, and color without chemical additives, resulting in a shelf-stable product.

How are air dried vegetables used in cooking? Air dried vegetables are used in cooking as convenient ingredients that can be rehydrated or added directly to dishes such as soups, stews, sauces, and casseroles, providing flavor and nutrition while reducing preparation time.

What is the shelf life of air dried vegetables? The shelf life of air dried vegetables typically ranges from one to two years when stored in cool, dry conditions in airtight containers, making them ideal for long-term storage and reducing food waste.

Are air dried vegetables healthy? Yes, air dried vegetables retain most of their vitamins, minerals, and fiber due to the gentle dehydration process, offering a healthy, natural alternative to fresh vegetables, especially when no preservatives are added.

Can air dried vegetables be organic? Absolutely, many manufacturers offer organic air dried vegetables that are produced from certified organic farming practices, avoiding synthetic pesticides and fertilizers, to meet consumer demand for clean label and sustainable products.

Citius Research has developed a research report titled “Air Dried Vegetables Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Air Dried Vegetables Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Air Dried Vegetables Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Air Dried Vegetables Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Air Dried Vegetables Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Air Dried Vegetables Market
• Research Methodology
• Executive Summary
• Market Dynamics of Air Dried Vegetables Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Air Dried Vegetables Market
• Cost and Gross Margin Analysis of Air Dried Vegetables Market
• Air Dried Vegetables Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Air Dried Vegetables Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Air Dried Vegetables Market Key Stakeholders

Below are the key stakeholders for the Air Dried Vegetables Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Air Dried Vegetables Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Air Dried Vegetables Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Air Dried Vegetables Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Air Dried Vegetables Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Air Dried Vegetables Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Air Dried Vegetables Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Air Dried Vegetables Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Air Dried Vegetables Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Air Dried Vegetables Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Air Dried Vegetables Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Air Dried Vegetables Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Air Dried Vegetables Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Air Dried Vegetables Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Air Dried Vegetables Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Air Dried Vegetables Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Air Dried Vegetables Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Air Dried Vegetables Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports