The Blackcurrant Concentrate Market size was USD $ 3.2 billion in 2022 and is expected to Reach USD $5.3 billion by 2030 and grow at a CAGR of 6.1% over the forecast period of 2023-2030.
Blackcurrant concentrate is made by filtering, clarifying, and evaporating blackcurrant juice to get pure blackcurrant. The flavor and aroma of real blackcurrant fruits may be found in blackcurrant concentrate. In 2022, the market for blackcurrant concentrates worldwide had 35% of the market share. The blackcurrant concentrate comes in numerous forms, such as liquid, frozen, etc., and is around three to seven times more concentrated and smaller in amount.
Gamma-linolenic acid (GLA), an omega-6 fatty acid, and the coloring agent anthocyanin are both present in blackcurrant concentrate, giving it a rich, deep purple hue. As one of the highest natural fruit sources of vitamin C, blackcurrant concentrate also provides a variety of other vital nutrients, including fibre and carbs, as well as potassium, phosphorus, magnesium, manganese, and iron. The blackcurrant concentrate market is projected to grow during the estimated period.
KEY DRIVERS:
Consumers who are concerned about their health drive demand for wholesome blackcurrant concentrates.
The use of blackcurrant concentrate is increased by the growing functional food sector.
The rising use of blackcurrant concentrate has been largely influenced by the growing functional food industry. The distinctive nutritional profile of blackcurrants has found a natural match in functional meals as consumer tastes evolve towards healthier and more meaningful food options. Blackcurrant concentrates excellently meet the needs of health-conscious consumers looking for easy and wholesome solutions thanks to their high antioxidant and vitamin content.
RESTRAIN:
Market expansion is hampered by low customer familiarity and awareness.
Market share is impacted by competition from different fruit concentrates.
The dynamics of market share are significantly impacted by competition from various fruit concentrates. Alternatives like berry, citrus, and tropical fruit concentrates compete for customers' attention as they look for unique and inventive flavors. Because of the rivalry, producers of blackcurrant concentrate are being forced to distinguish their products through distinctive flavor profiles and health advantages.
OPPORTUNITY:
Emerging markets provide opportunities for market growth and higher consumption.
Product packaging and formulation innovation boosts market competitiveness.
Innovations in product composition and packaging are crucial for boosting market competitiveness in the blackcurrant concentrates sector. Innovative packaging alternatives, including practical single-serve options or eco-friendly packaging, can draw customers looking for sustainability and convenience. Meanwhile, formulation improvements, including the addition of special mixes or useful additives, respond to a range of consumer tastes and strengthen the product's value proposition.
CHALLENGES:
Consumer uptake of items made using blackcurrants is hampered by low awareness.
Global supply chain disruptions have an influence on distribution and sourcing.
Disruptions in the global supply chain have a substantial influence on the dynamics of sourcing and distribution in the market for blackcurrant concentrates. These interruptions can delay both the purchase of raw materials and the delivery of products. They range from climate-related disasters to trade prohibitions and logistical difficulties. It may be difficult for producers to maintain a steady supply of blackcurrants, which might delay output and raise expenses.
The Russian-Ukrainian war has had an impact on and obscured the market for blackcurrant concentrates. Blackcurrants are mostly produced in Russia and Ukraine, therefore any disruption to their agricultural operations might result in a shortage of the fruit, which would affect both the fruit's availability and price globally. Geopolitical tensions may result in trade restrictions, shifting market dynamics, and industry actors re-evaluating sourcing strategies and supply chain resilience to mitigate potential repercussions.
The supply chain was disrupted by the Russia-Ukraine conflict, which led to a spike in the price of goods including Pharmaceuticals, Tablets, Syrups, Food and beverages, Flavoring agents, Lip gloss, Face cream, Bar soap, Eye shadow, Eyeliner, etc. The average price increase for these drugs was 31.6 %. In 2022, certain prescription drugs will cost more than $20,000 or 500% more. The cost of critical pharmaceuticals is predicted to grow by 12%, which would be the largest annual price increase ever. Drug manufacturers often raise list prices by 5%. A 2.1% increase in food prices is anticipated, with a forecast range of -5.1 to 9.9%. Food and non-alcoholic beverages will cost more in the fiscal year that ends in July 2023 by 14.9%. Many F&B businesses raised their pricing by 15% as a consequence.
The Russia-Ukraine war has increased the cost of commodities, which has a negative effect on the market.
The market for blackcurrant concentrates may be affected by the current recession's effects on the economy. Consumer tastes may shift towards more affordable options when their purchasing power declines, which might have an effect on the market for high-end products. Disruptions to the supply chain and fluctuating currency exchange rates may also have an influence on production costs and export/import dynamics, causing industry participants to alter price plans and consider ways to maintain markets in the face of erratic economic conditions.
The price of commodities has grown as a result of the recession, including Ice creams, Juice, Jam, Jellies, Cosmetics, etc. Ice-cream behemoths including Cream Bell, Mother Dairy, Amul, and Vadilal boosted prices by 5% to 8% in 2021, a move that comes after two years, as a result of increasing input costs for sugar and milk powder. After a two-year pause, Amul has raised the price of ice cream by 5% to 8% from February. Despite the price increase, the ice cream business is expanding at a rate of 15–18%. Orange juice costs increased 13.8% in 2021. In line with inflation, lipstick costs increased by 4% in Q4 and 7% in January 2023, whereas face and eye makeup prices increased by 11% and 12%, respectively.
The impact of the ongoing recession has increased the cost of commodities, which has a negative effect on the market.
By Type:
Liquid form concentrate
Powdered form concentrate
Puree form Concentrate
Clear form concentrate
Frozen form concentrate
By Ingredients:
NON-GMO
GMO
By Application:
Pharmaceuticals
Tablets
Syrups
Food and beverages
Flavoring agent
Ice creams
Juice
Jam
Jellies
Cosmetics
Lip gloss
Face cream
Bar soap
Eye shadow
Eyeliner
Retailers
Online portals
Local suppliers
.png)
North America has the largest market for blackcurrant concentrates in the world in 2022, accounting for 35% of it. The primary drivers influencing the growth of the blackcurrant concentrate market in North America are the rising demand for functional foods and beverages, the rising popularity of natural sweeteners, and the developing knowledge of blackcurrants' health benefits. The largest market for blackcurrant concentrates in North America is found in Canada.
Europe: In 2022, Europe is the second-largest market for blackcurrant concentrates, accounting for 25% of the global market share. In Europe, there are similar factors that support the expansion of the blackcurrant concentrates industry, just as there are in North America. The United Kingdom, Germany, and France are the three countries with the largest markets in Europe for blackcurrant concentrates.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Blackcurrant Concentrate Market are Berrifine A/S, Blackcurrants New Zealand Inc., Döhler, Lemon Concentrate, Grünewald Group, Vapable Ltd., SVZ Industrial Fruit & Vegetable Ingredients, Ariza b.v., CURRANTC, Austria Juice and other players.
Berrifine A/S made the announcement that it has partnered strategically with The British Blackcurrant Company in February 2023. The arrangement will provide Berrifine A/S access to The British Blackcurrant Company's UK manufacturing facilities for blackcurrant concentrate.
Blackcurrants New Zealand Inc. said in April 2023 that it has partnered with A.G. Foods in a strategic alliance. The arrangement will provide Blackcurrants New Zealand Inc. access to A.G. Foods' European production facilities for blackcurrant concentrate.
| Report Attributes | Details |
| Market Size in 2022 | US$ 3.2 Billion |
| Market Size by 2030 | US$ 5.3 Billion |
| CAGR | CAGR of 6.1 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Liquid form concentrate, Powdered form concentrate, Puree form Concentrate, Clear form concentrate, Frozen form concentrate) • By Ingredients (NON-GMO, GMO) • By Application (Pharmaceuticals, Tablets, Syrups, Food and beverages, Flavoring agent, Ice creams, Juice, Jam, Jellies, Cosmetics, Lip gloss, Face cream, Bar soap, Eye shadow, Eyeliner, Retailers, Online portals, Local suppliers, Specialty shops) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Berrifine A/S, Blackcurrants New Zealand Inc., Döhler, Lemon Concentrate, Grünewald Group, Vapable Ltd., SVZ Industrial Fruit & Vegetable Ingredients, Ariza b.v., CURRANTC, Austria Juice |
| Key Drivers | • Consumers who are concerned about their health drive demand for wholesome blackcurrant concentrates. • The use of blackcurrant concentrate is increased by the growing functional food sector. |
| Market Opportunity | • Emerging markets provide opportunities for market growth and higher consumption. • Product packaging and formulation innovation boosts market competitiveness. |
Ans: The Blackcurrant Concentrate Market is expected to grow at a CAGR of 6.1%.
Ans: The Blackcurrant Concentrate Market size was USD $3.2 billion in 2022 and is expected to reach USD $5.3 billion by 2030.
Ans: Living Styles and Urbanisation are growing the demand for the market.
Ans: There are rival fruit concentrates which may restrict the market growth.
Ans: North America region is dominating the market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Blackcurrant Concentrate Market Segmentation, By Type
8.1 Liquid form concentrate
8.2 Powdered form concentrate
8.3 Puree form Concentrate
8.4 Clear form concentrate
8.5 Frozen form concentrate
9. Blackcurrant Concentrate Market Segmentation, By Ingredients
9.1 NON-GMO
9.2 GMO
10. Blackcurrant Concentrate Market Segmentation, By Application
10.1 Pharmaceuticals
10.2 Tablets
10.3 Syrups
10.4 Food and beverages
10.5 Flavoring agent
10.6 Ice creams
10.7 Juice
10.8 Jam
10.9 Jellies
10.10 Cosmetics
10.11 Lip gloss
10.12 Face cream
10.13 Bar soap
10.14 Eye shadow
10.15 Eyeliner
10.16 Retailers
10.17 Online portals
10.18 Local suppliers
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Blackcurrant Concentrate Market by Country
11.2.2 North America Blackcurrant Concentrate Market by Type
11.2.3 North America Blackcurrant Concentrate Market by Ingredients
11.2.4 North America Blackcurrant Concentrate Market by Application
11.2.5 USA
11.2.5.1 USA Blackcurrant Concentrate Market by Type
11.2.5.2 USA Blackcurrant Concentrate Market by Ingredients
11.2.5.3 USA Blackcurrant Concentrate Market by Application
11.2.6 Canada
11.2.6.1 Canada Blackcurrant Concentrate Market by Type
11.2.6.2 Canada Blackcurrant Concentrate Market by Ingredients
11.2.6.3 Canada Blackcurrant Concentrate Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Blackcurrant Concentrate Market by Type
11.2.7.2 Mexico Blackcurrant Concentrate Market by Ingredients
11.2.7.3 Mexico Blackcurrant Concentrate Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Blackcurrant Concentrate Market by Country
11.3.1.2 Eastern Europe Blackcurrant Concentrate Market by Type
11.3.1.3 Eastern Europe Blackcurrant Concentrate Market by Ingredients
11.3.1.4 Eastern Europe Blackcurrant Concentrate Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Blackcurrant Concentrate Market by Type
11.3.1.5.2 Poland Blackcurrant Concentrate Market by Ingredients
11.3.1.5.3 Poland Blackcurrant Concentrate Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Blackcurrant Concentrate Market by Type
11.3.1.6.2 Romania Blackcurrant Concentrate Market by Ingredients
11.3.1.6.4 Romania Blackcurrant Concentrate Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Blackcurrant Concentrate Market by Type
11.3.1.7.2 Turkey Blackcurrant Concentrate Market by Ingredients
11.3.1.7.3 Turkey Blackcurrant Concentrate Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Blackcurrant Concentrate Market by Type
11.3.1.8.2 Rest of Eastern Europe Blackcurrant Concentrate Market by Ingredients
11.3.1.8.3 Rest of Eastern Europe Blackcurrant Concentrate Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Blackcurrant Concentrate Market by Type
11.3.2.2 Western Europe Blackcurrant Concentrate Market by Ingredients
11.3.2.3 Western Europe Blackcurrant Concentrate Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Blackcurrant Concentrate Market by Type
11.3.2.4.2 Germany Blackcurrant Concentrate Market by Ingredients
11.3.2.4.3 Germany Blackcurrant Concentrate Market by Application
11.3.2.5 France
11.3.2.5.1 France Blackcurrant Concentrate Market by Type
11.3.2.5.2 France Blackcurrant Concentrate Market by Ingredients
11.3.2.5.3 France Blackcurrant Concentrate Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Blackcurrant Concentrate Market by Type
11.3.2.6.2 UK Blackcurrant Concentrate Market by Ingredients
11.3.2.6.3 UK Blackcurrant Concentrate Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Blackcurrant Concentrate Market by Type
11.3.2.7.2 Italy Blackcurrant Concentrate Market by Ingredients
11.3.2.7.3 Italy Blackcurrant Concentrate Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Blackcurrant Concentrate Market by Type
11.3.2.8.2 Spain Blackcurrant Concentrate Market by Ingredients
11.3.2.8.3 Spain Blackcurrant Concentrate Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Blackcurrant Concentrate Market by Type
11.3.2.9.2 Netherlands Blackcurrant Concentrate Market by Ingredients
11.3.2.9.3 Netherlands Blackcurrant Concentrate Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Blackcurrant Concentrate Market by Type
11.3.2.10.2 Switzerland Blackcurrant Concentrate Market by Ingredients
11.3.2.10.3 Switzerland Blackcurrant Concentrate Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Blackcurrant Concentrate Market by Type
11.3.2.11.3 Austria Blackcurrant Concentrate Market by Ingredients
11.3.2.11.4 Austria Blackcurrant Concentrate Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Blackcurrant Concentrate Market by Type
11.3.2.12.2 Rest of Western Europe Blackcurrant Concentrate Market by Ingredients
11.3.2.12.3 Rest of Western Europe Blackcurrant Concentrate Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Blackcurrant Concentrate Market by Country
11.4.2 Asia-Pacific Blackcurrant Concentrate Market by Type
11.4.3 Asia-Pacific Blackcurrant Concentrate Market by Ingredients
11.4.4 Asia-Pacific Blackcurrant Concentrate Market by Application
11.4.5 China
11.4.5.1 China Blackcurrant Concentrate Market by Type
11.4.5.2 China Blackcurrant Concentrate Market by Application
11.4.5.3 China Blackcurrant Concentrate Market by Ingredients
11.4.6 India
11.4.6.1 India Blackcurrant Concentrate Market by Type
11.4.6.2 India Blackcurrant Concentrate Market by Ingredients
11.4.6.3 India Blackcurrant Concentrate Market by Application
11.4.7 Japan
11.4.7.1 Japan Blackcurrant Concentrate Market by Type
11.4.7.2 Japan Blackcurrant Concentrate Market by Ingredients
11.4.7.3 Japan Blackcurrant Concentrate Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Blackcurrant Concentrate Market by Type
11.4.8.2 South Korea Blackcurrant Concentrate Market by Ingredients
11.4.8.3 South Korea Blackcurrant Concentrate Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Blackcurrant Concentrate Market by Type
11.4.9.2 Vietnam Blackcurrant Concentrate Market by Ingredients
11.4.9.3 Vietnam Blackcurrant Concentrate Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Blackcurrant Concentrate Market by Type
11.4.10.2 Singapore Blackcurrant Concentrate Market by Ingredients
11.4.10.3 Singapore Blackcurrant Concentrate Market by Application
11.4.11 Australia
11.4.11.1 Australia Blackcurrant Concentrate Market by Type
11.4.11.2 Australia Blackcurrant Concentrate Market by Ingredients
11.4.11.3 Australia Blackcurrant Concentrate Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Blackcurrant Concentrate Market by Type
11.4.12.2 Rest of Asia-Pacific Blackcurrant Concentrate Market by Ingredients
11.4.12.3 Rest of Asia-Pacific Blackcurrant Concentrate Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Blackcurrant Concentrate Market by Country
11.5.1.2 Middle East Blackcurrant Concentrate Market by Type
11.5.1.3 Middle East Blackcurrant Concentrate Market by Ingredients
11.5.1.4 Middle East Blackcurrant Concentrate Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Blackcurrant Concentrate Market by Type
11.5.1.5.2 UAE Blackcurrant Concentrate Market by Ingredients
11.5.1.5.3 UAE Blackcurrant Concentrate Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Blackcurrant Concentrate Market by Type
11.5.1.6.2 Egypt Blackcurrant Concentrate Market by Ingredients
11.5.1.6.3 Egypt Blackcurrant Concentrate Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Blackcurrant Concentrate Market by Type
11.5.1.7.2 Saudi Arabia Blackcurrant Concentrate Market by Ingredients
11.5.1.7.3 Saudi Arabia Blackcurrant Concentrate Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Blackcurrant Concentrate Market by Type
11.5.1.8.2 Qatar Blackcurrant Concentrate Market by Ingredients
11.5.1.8.3 Qatar Blackcurrant Concentrate Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Blackcurrant Concentrate Market by Type
11.5.1.9.2 Rest of Middle East Blackcurrant Concentrate Market by Ingredients
11.5.1.9.3 Rest of Middle East Blackcurrant Concentrate Market by Application
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Blackcurrant Concentrate Market by Type
11.5.2.3 Africa Blackcurrant Concentrate Market by Ingredients
11.5.2.4 Africa Blackcurrant Concentrate Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Blackcurrant Concentrate Market by Type
11.5.2.5.2 Nigeria Blackcurrant Concentrate Market by Ingredients
11.5.2.5.3 Nigeria Blackcurrant Concentrate Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Blackcurrant Concentrate Market by Type
11.5.2.6.2 South Africa Blackcurrant Concentrate Market by Ingredients
11.5.2.6.3 South Africa Blackcurrant Concentrate Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Blackcurrant Concentrate Market by Type
11.5.2.7.2 Rest of Africa Blackcurrant Concentrate Market by Ingredients
11.5.2.7.3 Rest of Africa Blackcurrant Concentrate Market by Application
11.6 Latin America
11.6.1 Latin America Blackcurrant Concentrate Market by Country
11.6.2 Latin America Blackcurrant Concentrate Market by Type
11.6.3 Latin America Blackcurrant Concentrate Market by Ingredients
11.6.4 Latin America Blackcurrant Concentrate Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Blackcurrant Concentrate Market by Type
11.6.5.2 Brazil Blackcurrant Concentrate Market by Ingredients
11.6.5.3 Brazil Blackcurrant Concentrate Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Blackcurrant Concentrate Market by Type
11.6.6.2 Argentina Blackcurrant Concentrate Market by Ingredients
11.6.6.3 Argentina Blackcurrant Concentrate Market by Application
11.6.7 Colombia
11.6.7.1 Colombia Blackcurrant Concentrate Market by Type
11.6.7.2 Colombia Blackcurrant Concentrate Market by Ingredients
11.6.7.3 Colombia Blackcurrant Concentrate Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Blackcurrant Concentrate Market by Type
11.6.8.2 Rest of Latin America Blackcurrant Concentrate Market by Ingredients
11.6.8.3 Rest of Latin America Blackcurrant Concentrate Market by Application
12. Company profile
12.1 Berrifine A/S
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Blackcurrants New Zealand Inc.
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Döhler
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Lemon Concentrate
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Grünewald Group
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Vapable Ltd.
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 SVZ Industrial Fruit & Vegetable Ingredients
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Ariza b.v.
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 CURRANTC
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Austria Juice
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Annatto Market size was USD 228.4 million in 2022 and is expected to Reach USD 334.8 million by 2030 and grow at a CAGR of 4.9 % over the forecast period of 2023-2030.
Dietary Supplements Market Report Scope & Overview: Dietary Supplements Market s
Detox Drinks Market Size was valued at USD 1.26 billion in 2022, and expected to reach USD 2.56 billion by 2030, and grow at a CAGR of 9.2 % over the forecast period 2023-2030.
Vegan Food Market Report Scope & Overview: Vegan Food Market size was valued at
The Functional Chewing Gums Market Size was esteemed at USD 1.17 billion out of 2022 and is supposed to arrive at USD 2.39 billion by 2030, and develop at a CAGR of 9.36% over the forecast period 2023-2030.
The Oakmoss Extract Market size was USD 35.9 million in 2022 and is expected to Reach USD 55.5 million by 2030 and grow at a CAGR of 5.6% over the forecast period of 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
