U.S. Beer and Cider Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0193067
  • Format: Electronic (PDF)
  • Number of Pages: 207
  • Author(s): Joshi, Madhavi

Report Overview

The U.S. Beer and Cider Market size was estimated at USD 120 billion in 2023 and is projected to reach USD 150 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.50% during the forecast period (2024-2030).

U.S. Beer and Cider Market

(Market Size)
$120 billion
$150 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 3.50%
2023 Market Size USD 120 billion
2030 Market Size USD 150 billion
Key Players Anheuser-Busch InBev, Heineken, Molson Coors, Constellation Brands, Boston Beer

Market Summary

The U.S. beer and cider market is a significant segment within the consumer goods industry, characterized by a dynamic and evolving landscape. This market encompasses a wide range of products including various beer types such as lagers, ales, and stouts, alongside diverse cider offerings that appeal to different consumer preferences. The industry is marked by intense competition among numerous players, from large multinational corporations to small craft breweries and local cideries. Consumer behavior in this market is increasingly influenced by factors such as flavor innovation, health consciousness, and sustainability practices. The demand for premium and craft products continues to rise, reflecting a shift towards quality and unique experiences over mass-produced alternatives. Additionally, the market is adapting to changing distribution channels, including the growth of e-commerce and direct-to-consumer sales, which have expanded accessibility. Regulatory frameworks and taxation policies also play a crucial role in shaping market operations and profitability. Overall, the U.S. beer and cider market remains a vibrant and competitive space, driven by innovation and changing consumer tastes.

Key Highlights

The U.S. beer and cider market is distinguished by several key highlights that underscore its current state and future trajectory. One prominent feature is the robust growth of the craft segment, where small and independent breweries have gained substantial market share through innovative flavors and local branding. Another highlight is the increasing popularity of low-alcohol and non-alcoholic options, catering to health-conscious consumers seeking moderation without sacrificing taste. The market also sees a rising trend in premiumization, with consumers willing to pay higher prices for superior quality, unique ingredients, and artisanal production methods. Sustainability has become a critical focus, with many companies adopting eco-friendly practices in packaging, sourcing, and manufacturing to meet consumer expectations and regulatory demands. Furthermore, the cider segment continues to diversify, introducing new flavors and styles that attract a broader audience beyond traditional apple-based offerings. These highlights collectively reflect a market that is responsive to consumer trends and committed to innovation and quality.

Drivers, Opportunities & Restraints

The U.S. beer and cider market is influenced by a combination of drivers, opportunities, and restraints that shape its growth and development. Key drivers include changing consumer preferences towards craft and premium products, which encourage innovation and differentiation among manufacturers. The growing acceptance of cider as a mainstream beverage, alongside beer, also drives market expansion, particularly among younger demographics seeking variety. Opportunities abound in the development of new flavors and product categories, such as hard seltzers and hybrid beverages, which can attract diverse consumer segments. Additionally, the expansion into e-commerce and digital marketing presents significant growth potential, allowing companies to reach wider audiences and personalize consumer engagement. However, the market faces restraints including stringent regulations and high taxation on alcoholic beverages, which can impede profitability and operational flexibility. Health concerns related to alcohol consumption and increasing competition from alternative beverages like wine and spirits also pose challenges. Economic fluctuations and supply chain disruptions further restrain market stability, requiring companies to adopt resilient strategies.

Concentration Insights

The concentration of the U.S. beer and cider market is characterized by a mix of large dominant players and a fragmented landscape of smaller producers. Major corporations such as Anheuser-Busch InBev and Molson Coors Beverage Company hold significant market share, leveraging extensive distribution networks and strong brand loyalty. These entities often engage in strategic acquisitions of craft breweries to diversify their portfolios and tap into niche markets. Despite the presence of these giants, the market remains highly fragmented due to the proliferation of craft breweries and local cideries, which collectively contribute to a vibrant competitive environment. This fragmentation encourages innovation and regional specialization, with many small producers focusing on unique flavors and community-oriented branding. The concentration dynamics also highlight trends towards consolidation, as larger companies seek to enhance their market position through mergers and partnerships. However, antitrust regulations and consumer preference for independent brands can limit excessive consolidation, maintaining a balance between scale and diversity in the industry.

Type Insights

The U.S. beer and cider market offers a diverse array of types, each catering to distinct consumer preferences and occasions. Beer types include lagers, which dominate the market due to their widespread appeal and refreshing profile, often associated with major brands. Ales, including IPAs and pale ales, are highly popular within the craft segment, known for their robust flavors and aromatic hops. Stouts and porters attract consumers seeking richer, darker beers with complex notes of coffee and chocolate. In the cider category, traditional apple cider remains a staple, but variations such as pear cider (perry) and fruit-infused ciders have gained traction, offering sweeter and more innovative options. The market also sees growth in specialty types like gluten-free and organic beers and ciders, responding to dietary trends and health consciousness. Additionally, seasonal and limited-edition releases drive consumer engagement, creating excitement and loyalty. This diversity in types ensures that the market can appeal to a broad spectrum of tastes and preferences, supporting sustained interest and growth.

Application Insights

Applications within the U.S. beer and cider market primarily revolve around consumption settings and consumer usage patterns. The on-trade segment, which includes bars, restaurants, and pubs, represents a significant application area where consumers often seek social experiences and curated beverage selections. This setting allows for trial of new products and brands, influenced by recommendations and ambiance. The off-trade segment, encompassing retail outlets such as supermarkets, liquor stores, and convenience stores, caters to at-home consumption, where convenience, pricing, and variety play crucial roles. E-commerce platforms have emerged as a growing application channel, enabling direct purchases and subscriptions, especially during periods of increased digital adoption. Additionally, beer and cider are frequently used in culinary applications, such as cooking and pairing with food, enhancing their versatility beyond mere beverages. Special events and celebrations also drive application demand, with products tailored for occasions like holidays and festivals. Understanding these applications helps companies tailor marketing strategies and distribution efforts to maximize reach and consumer engagement.

Regional Insights

Regional insights into the U.S. beer and cider market reveal variations in consumption patterns, preferences, and regulatory environments across different areas. The West Coast, particularly states like California and Oregon, is a hub for craft beer innovation, with a high concentration of breweries and a strong culture of local support and sustainability. The Northeast, including New York and Massachusetts, shows robust demand for both craft beers and ciders, often influenced by historical traditions and urban demographics. The Midwest, with states such as Wisconsin and Illinois, has a strong legacy in brewing, favoring traditional beer styles but gradually embracing craft trends. The South exhibits growing interest in cider and lighter beers, driven by warmer climates and evolving tastes. Regional regulations also impact market dynamics, with varying laws on distribution, taxation, and alcohol content affecting availability and pricing. These regional differences necessitate tailored approaches by companies to effectively penetrate and compete in diverse markets, leveraging local trends and consumer behaviors.

Company Insights

Company insights in the U.S. beer and cider market highlight the strategies and positioning of key players that drive competition and innovation. Major companies like Anheuser-Busch InBev and Molson Coors Beverage Company dominate with extensive portfolios, global reach, and aggressive marketing campaigns. These giants focus on scaling production and optimizing distribution to maintain their market leadership. Craft breweries such as Boston Beer Company and Sierra Nevada Brewing Co. emphasize quality, authenticity, and community engagement, often leveraging storytelling and limited releases to build brand loyalty. In the cider segment, companies like Angry Orchard Hard Cider and Bold Rock Cider lead with innovative flavors and strong branding efforts. Many companies are investing in sustainability initiatives, such as reducing water usage and adopting recyclable packaging, to align with consumer values. Strategic acquisitions and partnerships are common, allowing larger firms to access niche markets while enabling smaller players to gain resources and visibility. This competitive landscape fosters continuous innovation and adaptation to market trends.

Recent Developments

Recent developments in the U.S. beer and cider market reflect ongoing adaptation to consumer trends and external challenges. Many companies have launched new product lines, including hard seltzers and non-alcoholic options, to cater to health-conscious consumers and expand their market reach. Sustainability has become a focal point, with initiatives like carbon-neutral brewing and eco-friendly packaging gaining prominence across the industry. The COVID-19 pandemic accelerated shifts towards e-commerce and home delivery services, prompting breweries and cideries to enhance their digital presence and direct-to-consumer capabilities. Regulatory changes, such as updates to labeling requirements and taxation policies, have also influenced operational strategies. Additionally, there is increased emphasis on diversity and inclusion within the industry, with efforts to support minority-owned businesses and promote equitable practices. Partnerships with food and entertainment sectors have emerged as a strategy to enhance brand visibility and consumer experiences. These developments indicate a market that is responsive to evolving demands and committed to innovation and responsibility.

Report Segmentation

The report on the U.S. beer and cider market is segmented to provide detailed analysis across various dimensions, enabling a comprehensive understanding of the industry. Segmentation by type includes categories such as beer and cider, with further breakdowns into sub-types like lagers, ales, stouts for beer, and apple, pear, and flavored ciders. This allows for targeted insights into consumer preferences and growth areas within each product category. Application segmentation covers on-trade and off-trade channels, highlighting differences in consumption patterns and sales strategies. Regional segmentation divides the market into key areas such as the West, Northeast, Midwest, and South, examining regional trends and opportunities. Additional segments may include packaging types like bottles, cans, and kegs, reflecting distribution and sustainability considerations. Demographic segmentation based on age, gender, and income levels helps identify key consumer groups and their behaviors. This structured approach ensures that the report delivers actionable intelligence for stakeholders to make informed decisions and strategies.

FAQs

What are the key trends in the U.S. beer market? Key trends include the rise of craft beers, demand for low-alcohol and non-alcoholic options, and a focus on sustainability and premiumization.

Who are the major players in the U.S. cider industry? Major players include Angry Orchard Hard Cider, Bold Rock Cider, and Boston Beer Company, known for their innovative flavors and market presence.

How has consumer preference changed in recent years? Consumers increasingly prefer unique, locally sourced, and health-conscious products, driving growth in craft segments and alternative beverages like hard seltzers.

What is the impact of regulations on the beer and cider market? Regulations affect taxation, distribution, and labeling, influencing costs and operational strategies for companies across the industry.

Which regions in the U.S. have the highest beer consumption? Regions like the West Coast and Northeast show high consumption, driven by strong craft cultures and urban demographics.

What are the growth opportunities for new entrants? Opportunities exist in niche segments like organic products, flavor innovation, and e-commerce expansion to reach diverse consumer bases.

Citius Research has developed a research report titled “U.S. Beer and Cider Market Report - 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

• U.S. Beer and Cider 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 U.S. Beer and Cider 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.

U.S. Beer and Cider Market Segmentation

Market Segmentation

Regions Covered

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

U.S. Beer and Cider Market Analysis

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

• Overview of U.S. Beer and Cider Market
• Research Methodology
• Executive Summary
• Market Dynamics of U.S. Beer and Cider 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 U.S. Beer and Cider Market
• Cost and Gross Margin Analysis of U.S. Beer and Cider Market
• U.S. Beer and Cider Market Report - 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 “U.S. Beer and Cider Market Report - 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.

U.S. Beer and Cider Market Key Stakeholders

Below are the key stakeholders for the U.S. Beer and Cider Market:

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

U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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 U.S. Beer and Cider 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.

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