Gluten-Free Flour 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: CR0197273
  • Format: Electronic (PDF)
  • Number of Pages: 175
  • Author(s): Joshi, Madhavi

Report Overview

The Gluten-Free Flour Market size was estimated at USD 1.4 billion in 2023 and is projected to reach USD 2.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.70% during the forecast period (2024-2030).

Gluten-Free Flour Market

(Market Size)
$1.4 billion
$2.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 8.70%
2023 Market Size USD 1.4 billion
2030 Market Size USD 2.5 billion
Key Players Bob’s Red Mill, King Arthur Flour, Enjoy Life Foods, Namaste Foods, Arrowhead Mills

Market Summary

The gluten-free flour market is a significant and expanding segment within the global food and beverages industry, driven by increasing consumer demand for products that cater to specific dietary needs and preferences. This market encompasses a wide variety of flour alternatives derived from sources such as rice, almond, coconut, and chickpeas, which are used to create products for individuals with celiac disease, gluten intolerance, or those simply adopting a gluten-free lifestyle. The shift towards healthier eating habits and greater awareness of gluten-related health issues are fundamental factors propelling market growth. Manufacturers are continuously innovating to improve the taste, texture, and nutritional profile of gluten-free flours to make them more comparable to traditional wheat flour. The market is characterized by a dynamic competitive landscape with numerous players ranging from large multinational corporations to specialized niche producers. Distribution channels are diverse, including supermarkets, hypermarkets, health food stores, and increasingly, online platforms, making these products accessible to a broader consumer base globally.

Key Highlights

The gluten-free flour market is distinguished by several key highlights that underscore its vitality and potential. There is a pronounced trend towards product diversification, with companies introducing flours made from ancient grains and novel sources like teff, sorghum, and quinoa to meet the demand for variety and enhanced nutrition. The industry has seen a significant rise in clean-label and organic product offerings, as consumers become more ingredient-conscious and seek products with simple, recognizable components. Another critical highlight is the substantial investment in research and development aimed at overcoming historical challenges associated with gluten-free baking, such as poor structure and dry texture, leading to vastly improved end-products. Strategic partnerships and acquisitions are common as major food conglomerates seek to strengthen their position in this high-growth category. Furthermore, the market benefits from robust marketing efforts and educational campaigns by health organizations, which continue to raise awareness and drive adoption among new consumer segments.

Drivers, Opportunities & Restraints

The growth of the gluten-free flour market is propelled by a confluence of powerful drivers. The rising prevalence of celiac disease and non-celiac gluten sensitivity is a primary factor, creating a sustained base of consumers who require gluten-free products for medical reasons. Beyond medical needs, a broader consumer shift towards perceived healthier lifestyles and wellness-oriented eating patterns is significantly expanding the market's reach. The increasing diagnostic rates of gluten-related disorders and growing consumer awareness through digital media and healthcare professionals further accelerate market expansion. Key opportunities lie in penetrating emerging economies where awareness is still developing but disposable incomes are rising. There is also a substantial opportunity in the development of gluten-free flour blends that specifically target the artisan and home baking segments, which demand high-performance ingredients. However, the market faces notable restraints, including the relatively higher cost of gluten-free flours compared to conventional wheat flour, which can limit adoption in price-sensitive markets. Additionally, challenges related to cross-contamination during processing and maintaining consistent quality and supply of raw materials can pose significant hurdles for manufacturers.

Concentration Insights

The competitive concentration within the gluten-free flour market reveals a landscape with a mix of well-established multinational food corporations and agile, specialized companies. The market is moderately concentrated, with leading players such as Archer Daniels Midland Company, Cargill Incorporated, and The Hain Celestial Group holding significant shares due to their extensive distribution networks, strong brand recognition, and considerable investment in production capacity and R&D. These large players often compete on the basis of brand trust, product variety, and economy of scale. Alongside them, a vibrant segment of smaller and private-label brands thrives by focusing on niche areas, such as organic certification, unique flour sources like cassava or tiger nut, or catering to specific dietary trends like paleo or keto. This concentration dynamic fosters a competitive environment characterized by frequent new product launches, strategic mergers and acquisitions, and a continuous push for innovation in product formulation and marketing to capture consumer interest and loyalty.

Type Insights

The gluten-free flour market is segmented by type, with each variant offering distinct functional and nutritional properties. Rice flour is one of the most prevalent types, prized for its neutral flavor and smooth texture, making it a common base for many gluten-free blends and products. Almond flour is highly popular within low-carb and paleo diet circles, valued for its high protein content and moist, dense baking results. Coconut flour is another notable type, recognized for its high fiber content and ability to absorb moisture, though it often requires recipe adjustments. Chickpea flour, also known as gram flour or besan, is a protein-rich option widely used in various global cuisines. Other significant types include sorghum flour, which offers a mild flavor and smooth texture similar to wheat, and tapioca flour, which is frequently used as a thickening agent or to add chewiness to baked goods. The diversity in types allows manufacturers and consumers to select flours based on specific culinary applications, nutritional goals, and allergen concerns.

Application Insights

The application of gluten-free flours spans a wide array of product categories within the food and beverage industry, reflecting their versatility. The bakery segment represents the largest application, encompassing bread, cookies, cakes, muffins, and pastries. In this segment, the challenge and focus are on replicating the texture, volume, and taste of traditional wheat-based goods, driving significant innovation in flour blends and hydrocolloids. Ready-to-eat products represent another major application area, including items like pasta, pizza crusts, and snacks, where convenience is a key purchasing driver for consumers. The mixes segment, which includes pre-blended flour for pancakes, waffles, and other baked goods, is also substantial, catering to the home baker seeking simplicity. Furthermore, gluten-free flours are increasingly being used as thickening agents in soups, sauces, and gravies, and are finding new applications in unexpected areas like batter for fried foods and coatings for various prepared meals, demonstrating their expanding role in the modern food landscape.

Regional Insights

The demand for gluten-free flour exhibits distinct regional patterns influenced by factors such as consumer awareness, prevalence of gluten-related disorders, and dietary trends. North America, particularly the United States, represents a dominant market, characterized by high consumer awareness, well-established diagnostic capabilities for celiac disease, and a strong culture of dietary experimentation and health consciousness. Europe follows closely as a significant market, with countries like the United Kingdom, Germany, and Italy showing robust demand supported by strict food labeling regulations and high awareness levels. The Asia Pacific region is identified as a high-growth market, fueled by rising disposable incomes, growing westernization of diets, and increasing medical awareness of gluten intolerance in populous nations such as India and China. Latin America and the Middle East and Africa are emerging markets where growth is steadily accelerating, though from a smaller base, as globalization and retail modernization make these products more available and awareness gradually increases.

Company Insights

The gluten-free flour market features a competitive array of companies striving for market share through innovation, quality, and branding. Prominent players include Archer Daniels Midland Company, which leverages its extensive agricultural processing network to offer a wide range of flours. Cargill Incorporated is another key competitor, focusing on supply chain efficiency and product development. The Hain Celestial Group, through brands like Arrowhead Mills, has a strong presence in the natural and organic segment. Associated British Foods plc, via its subsidiary Bob's Red Mill, is renowned for its diverse portfolio of whole grain and specialty flours catering to health-focused consumers. Enjoy Life Foods, a subsidiary of Mondelez International, focuses on free-from products. Beyond these giants, numerous smaller companies like King Arthur Baking Company and dedicated gluten-free brands such as Pamela's Products compete effectively by emphasizing quality, authenticity, and targeted marketing to specific consumer niches, creating a dynamic and innovative competitive environment.

Recent Developments

The gluten-free flour market is characterized by continuous evolution, with recent developments highlighting trends in innovation, expansion, and sustainability. A prominent trend is the launch of novel flour sources, such as cauliflower flour, banana flour, and watermelon seed flour, aimed at tapping into the curiosity of consumers seeking new experiences and nutritional benefits. There has been a noticeable increase in strategic acquisitions, where larger food conglomerates acquire smaller, innovative brands to quickly gain entry into specific market niches or to enhance their organic and clean-label portfolios. Investment in dedicated gluten-free production facilities has risen to mitigate cross-contamination risks and meet the stringent requirements for certification, which is a key purchasing factor for consumers with celiac disease. Furthermore, companies are increasingly focusing on sustainable and transparent sourcing practices, highlighting the origin of their raw materials and their environmental and social impact, in response to growing consumer demand for corporate responsibility.

Report Segmentation

This comprehensive market research report on the gluten-free flour market provides a detailed analysis segmented across multiple dimensions to offer a granular understanding of the industry landscape. The report is segmented by type, delving into the market dynamics for key flour varieties including rice flour, almond flour, coconut flour, chickpea flour, and others, analyzing their individual growth trajectories, pricing trends, and consumer acceptance. It is further segmented by application, providing insights into the demand from major end-use sectors such as bread and bakery products, pasta and ready-to-eat meals, snacks, and other applications. The distribution channel segmentation covers analysis of sales through hypermarkets and supermarkets, convenience stores, online channels, and other retail formats, highlighting shifting purchasing behaviors. Geographically, the report offers a thorough regional analysis covering North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, examining regional drivers, challenges, and competitive scenarios. This multi-faceted segmentation allows stakeholders to identify specific growth pockets and tailor their strategies accordingly.

FAQs

What is gluten-free flour made from? Gluten-free flour is produced from grains, nuts, seeds, and legumes that do not contain the gluten protein found in wheat, barley, and rye. Common bases include rice, corn, almonds, coconuts, chickpeas, sorghum, and tapioca. These raw materials are milled into a fine powder to create a substitute for traditional wheat flour in baking and cooking.

Is gluten-free flour healthier? Whether gluten-free flour is healthier depends on the specific product and the individual's dietary needs. For people with celiac disease or gluten sensitivity, it is essential for health. Nutritionally, some gluten-free flours, like almond or chickpea flour, can be higher in protein and fiber than refined wheat flour, but others may be more processed and higher in carbohydrates and fats. It is not inherently healthier for those without a medical need to avoid gluten.

What are the best gluten-free flours for baking? The best flour often depends on the specific recipe. For a general all-purpose substitute, many bakers recommend a pre-mixed blend that combines flours like brown rice flour, potato starch, and tapioca flour to mimic the properties of wheat flour. Almond flour is excellent for moist, dense cakes and cookies, while oat flour is good for chewy textures. Rice flour is a common base for many recipes due to its neutral flavor.

Can I use gluten-free flour in any recipe? Directly substituting gluten-free flour one-to-one for wheat flour in a traditional recipe often yields suboptimal results because gluten provides structure and elasticity. Successful substitution typically requires using a specific blend of gluten-free flours and often the addition of binding agents like xanthan gum or guar gum to replicate gluten's function. Recipes specifically developed for gluten-free flour will provide the best outcomes.

Which companies are the top players in the gluten-free flour market? The market includes a range of players from large agribusiness firms to specialty brands. Key companies include Archer Daniels Midland Company, Cargill Incorporated, The Hain Celestial Group, Associated British Foods plc (owner of Bob's Red Mill), and King Arthur Baking Company. These companies compete on factors such as product variety, brand reputation, and distribution scale.

Citius Research has developed a research report titled “Gluten-Free Flour 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

• Gluten-Free Flour 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 Gluten-Free Flour 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.

Gluten-Free Flour Market Segmentation

Market Segmentation

Regions Covered

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

Gluten-Free Flour Market Analysis

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

• Overview of Gluten-Free Flour Market
• Research Methodology
• Executive Summary
• Market Dynamics of Gluten-Free Flour 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 Gluten-Free Flour Market
• Cost and Gross Margin Analysis of Gluten-Free Flour Market
• Gluten-Free Flour 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 “Gluten-Free Flour 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.

Gluten-Free Flour Market Key Stakeholders

Below are the key stakeholders for the Gluten-Free Flour Market:

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

Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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 Gluten-Free Flour 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