Umeshu 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: CR0196999
  • Format: Electronic (PDF)
  • Number of Pages: 224
  • Author(s): Joshi, Madhavi

Report Overview

The Umeshu Market size was estimated at USD 650 million in 2023 and is projected to reach USD 1.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.50% during the forecast period (2024-2030).

Umeshu Market

(Market Size)
$650 million
$1.3 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 10.50%
2023 Market Size USD 650 million
2030 Market Size USD 1.3 billion
Key Players Choya, Takara Shuzo

Market Summary

The umeshu market represents a significant and growing segment within the global alcoholic beverages industry, specifically under the fruit liqueur category. Umeshu is a traditional Japanese liqueur made by steeping ume fruits, often referred to as Japanese plums, in alcohol and sugar. Its appeal lies in its versatile flavor profile, which can range from sweet and fruity to tart and complex, making it suitable for various consumption occasions. The market is characterized by strong cultural roots in Japan, where it is widely consumed as an aperitif, digestif, or cocktail ingredient. However, its popularity is steadily expanding beyond Japan, driven by the global fascination with Japanese cuisine and culture. The product is available through multiple distribution channels, including supermarkets, liquor stores, specialty shops, and online platforms, catering to both individual consumers and the hospitality sector. Manufacturers are continuously innovating with flavors, aging processes, and packaging to attract a broader demographic, including younger consumers and international audiences. The market's evolution is closely tied to trends in premiumization and the demand for authentic, artisanal beverages.

Key Highlights

The umeshu market is distinguished by several key factors that underscore its unique position. A primary highlight is its deep cultural heritage and authenticity, being intrinsically linked to Japanese tradition, which provides a strong foundation for brand storytelling and marketing. The market benefits from significant product diversification, with offerings ranging from traditional homemade-style versions to modern, innovative variants infused with additional fruits, spices, or even aged in wooden casks to enhance complexity. Another critical highlight is the growing export potential and international recognition, as global consumers increasingly seek out exotic and premium alcoholic beverages, positioning umeshu as a sophisticated alternative to more common liqueurs. The involvement of major beverage conglomerates and dedicated craft producers ensures a dynamic competitive landscape, fostering continuous innovation in production techniques and flavor profiles. Furthermore, its versatility as a beverage?consumable straight, on the rocks, mixed in cocktails, or even used in cooking?broadens its application and appeal across different occasions and consumer preferences.

Drivers, Opportunities & Restraints

The growth of the umeshu market is propelled by several powerful drivers. The increasing globalization of food and beverage tastes, coupled with the rising popularity of Japanese cuisine worldwide, serves as a fundamental driver, introducing umeshu to new consumer bases. The trend towards premiumization and craft spirits encourages consumers to explore high-quality, authentic products with unique stories, which aligns perfectly with umeshu's artisanal image. Health-conscious trends also play a role, as ume fruits are often associated with certain digestive and health benefits, attracting consumers looking for functional beverages. Significant opportunities exist in market expansion through targeted marketing campaigns that educate international audiences about traditional consumption methods and cocktail applications. There is also an opportunity to develop low-alcohol or non-alcoholic versions to tap into the wellness segment. However, the market faces restraints, including its strong cultural association primarily with Japan, which can sometimes limit its perceived relevance in other cultures. Supply chain challenges related to the sourcing of high-quality ume fruit, which is sensitive to climatic conditions, can impact production consistency and cost. Additionally, regulatory hurdles and import tariffs in various countries can restrain smooth market entry and affordability.

Concentration Insights

The competitive concentration within the umeshu market reveals a landscape with a mix of large, established players and smaller, specialized producers. The market is highly concentrated in Japan, where major companies like Choya Umeshu, Takara Shuzo Co., Ltd., and Suntory Holdings Limited hold significant market share. These industry leaders benefit from extensive distribution networks, strong brand recognition, and substantial resources for research, development, and marketing, allowing them to dominate both domestic and international shelves. Alongside these giants, there is a vibrant segment of smaller, craft distilleries and regional producers that focus on artisanal, small-batch, or premium umeshu varieties, often emphasizing traditional methods and superior ingredient quality. This duality creates a market that is both consolidated in terms of volume from big brands and fragmented with niche offerings. The concentration is evolving as international beverage companies show increased interest in this category, either through partnerships, acquisitions, or by launching their own umeshu-inspired products, thereby increasing competition and diversifying the available product range for consumers globally.

Type Insights

The umeshu market is segmented by type, primarily based on the base spirit used and the production method, which greatly influences the final product's character. The most traditional and common type is shochu-based umeshu, where the ume fruits are steeped in shochu, a distilled Japanese beverage. This type is prized for its clean taste that allows the flavor of the ume to shine through. Another prominent category is sake-based umeshu, which results in a softer, more nuanced flavor profile and is often considered a premium offering. Brandy-based umeshu is also available, delivering a richer, deeper, and more complex flavor with notes from the aged spirit. In recent years, innovation has led to the emergence of new types, including wine-based or whisky-based umeshu, catering to consumers seeking novel experiences. Furthermore, the market sees differentiation between commercially mass-produced products and jizake-style, craft umeshu made by smaller breweries, with the latter often commanding a higher price point due to perceived authenticity and quality.

Application Insights

Umeshu finds application across a diverse range of consumption contexts, which is a key factor in its market resilience. The most traditional application is direct consumption, where it is enjoyed straight, on the rocks, or with added water or soda, typically as an aperitif or after-dinner drink. This aligns with its cultural role in Japan. A significant and growing application is within the hospitality industry, particularly in bars and restaurants, where umeshu is used as a key ingredient in craft cocktails. Its sweet and tart flavor profile makes it exceptionally versatile for mixing, creating popular drinks like the Umeshu Sour or Umeshu Tonic. Beyond drinking, umeshu is also used in culinary applications, such as a flavoring agent in desserts, sauces, and marinades, adding a unique fruity and alcoholic note to gourmet dishes. For retail, it is sold directly to consumers through liquor stores, supermarkets, and increasingly, via e-commerce platforms, which has expanded its accessibility. This multi-faceted applicability ensures that umeshu appeals to a wide audience, from traditionalists to modern mixologists and home cooks.

Regional Insights

The umeshu market exhibits distinct regional dynamics, with its heartland firmly established in Japan, where it is a staple alcoholic beverage with deep cultural significance. Domestic consumption is high, driven by tradition, widespread availability, and continuous product innovation from local manufacturers. Outside of Japan, the market penetration varies. North America and Europe represent the largest and fastest-growing international markets, fueled by the popularity of Japanese restaurants, sushi culture, and a general consumer trend towards exploring international and craft spirits. In these regions, umeshu is often positioned as a premium or exotic product within specialty liquor stores and high-end bars. The Asia-Pacific region, excluding Japan, also shows promising growth, particularly in countries like South Korea, Taiwan, and China, where cultural proximities and existing trade relationships facilitate easier market entry. However, taste preferences and drinking cultures differ regionally, necessitating tailored marketing strategies that highlight umeshu's versatility to fit local consumption habits, such as promoting its use in popular local cocktails.

Company Insights

The umeshu market features a roster of companies that range from dedicated specialists to diversified beverage giants. Choya Umeshu is arguably the most globally recognized brand, renowned for its extensive product line that includes everything from standard offerings to premium aged varieties, often containing whole fruits in the bottle. Takara Shuzo Co., Ltd. is another Japanese powerhouse with a strong history in shochu and sake production, leveraging its expertise to create high-quality umeshu. Suntory Holdings Limited, a global beverage conglomerate, markets umeshu under its portfolio, utilizing its massive distribution reach to expand the category's presence internationally. Beyond these leaders, companies like Umenoyado and Matsuyuki Shuzo represent the craft segment, focusing on traditional methods and premium ingredients to cater to discerning consumers. Recently, some international spirit companies and craft distilleries outside Japan have begun experimenting with producing plum liqueurs inspired by umeshu, further intensifying competition. The strategic focus for these companies involves balancing tradition with innovation, expanding into new geographic markets, and effectively communicating the product's unique heritage to build brand value.

Recent Developments

The umeshu market has witnessed several noteworthy recent developments reflecting its evolving nature. A prominent trend is the push towards premiumization, with leading manufacturers launching aged, limited-edition, or single-origin umeshu varieties that command higher price points and appeal to connoisseurs. There is a significant increase in flavor innovation, with new products incorporating additional fruits like yuzu, green tea, or even spicy elements to create more complex and modern flavor profiles aimed at younger demographics. Sustainability has become a greater focus, with companies investing in eco-friendly packaging, such as reduced plastic use and recyclable bottles, and implementing more sustainable sourcing practices for ume fruits. On the marketing front, brands are increasingly leveraging digital platforms and social media to educate global consumers about umeshu, sharing serving suggestions and cocktail recipes to drive engagement and trial. Furthermore, strategic partnerships between Japanese umeshu producers and international distributors or alcohol brands are becoming more common, facilitating smoother entry into new markets and enhancing global brand visibility.

Report Segmentation

This comprehensive market research report on the umeshu industry provides a detailed analysis segmented to deliver actionable insights. The segmentation allows for a granular examination of the market dynamics. The report is categorised by type, analysing the different base spirits used in production such as shochu-based, sake-based, brandy-based, and other innovative variants. It is further segmented by application, delving into the various consumption channels including direct consumption, commercial use in foodservice and hospitality, and its use as a culinary ingredient. A crucial segmentation is by distribution channel, covering the sales through supermarkets and hypermarkets, specialty stores, online retailers, and other avenues. Geographically, the report provides an in-depth regional analysis, covering key markets including Japan, North America, Europe, Asia-Pacific, and the Rest of the World. This multi-faceted segmentation enables stakeholders to identify specific growth pockets, understand consumer preferences in different regions, analyse the competitive landscape by product type, and formulate data-driven strategies for product development, marketing, and distribution.

FAQs

What is umeshu? Umeshu is a traditional Japanese liqueur crafted by steeping unripe ume fruits in a base spirit, typically shochu or sake, along with rock sugar. The mixture is aged for a period of time, resulting in a sweet, tart, and aromatic beverage.

How do you drink umeshu? Umeshu is highly versatile and can be enjoyed in several ways. It is commonly consumed straight, on the rocks, or diluted with cold or hot water. It is also popularly used as a cocktail mixer in beverages like sours and tonics.

What does umeshu taste like? Umeshu possesses a distinctive taste profile characterized by a prominent sweet and sour flavor from the ume plum. The specific notes can vary depending on the base spirit and aging process, ranging from light and fruity to rich and complex.

Is umeshu the same as plum wine? While both are fruit-based alcoholic drinks, they are not identical. Plum wine is a broader term that can refer to various wines made from plums globally. Umeshu is a specific type of Japanese plum liqueur with a defined production method of steeping fruits in spirits.

Can you make umeshu at home? Yes, making umeshu at home is a popular tradition in Japan. The process involves layering ume fruits and rock sugar in a jar and covering them with a clear spirit like shochu or white liquor, then allowing it to steep for several months to a year.

Citius Research has developed a research report titled “Umeshu 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

• Umeshu 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 Umeshu 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.

Umeshu Market Segmentation

Market Segmentation

Regions Covered

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

Umeshu Market Analysis

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

• Overview of Umeshu Market
• Research Methodology
• Executive Summary
• Market Dynamics of Umeshu 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 Umeshu Market
• Cost and Gross Margin Analysis of Umeshu Market
• Umeshu 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 “Umeshu 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.

Umeshu Market Key Stakeholders

Below are the key stakeholders for the Umeshu Market:

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

Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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 Umeshu 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