The Food Pathogen Testing Market size was USD 14 billion in 2022 and is expected to Reach USD 26.49 billion by 2030 and grow at a CAGR of 8.3% over the forecast period of 2023-2030.
Foodborne infections have been linked to a wide range of diseases around the world, particularly in developing countries. This has a significant economic impact. It is critical to contain them, and early discovery is critical. Detection and diagnoses were initially based on culture-based procedures, but have recently evolved in tandem with advances in immunological technologies. The goal has always been to find a system that is quick, sensitive, specific, and cost-effective. The methods have all shared a similar purpose, ranging from microbe culture to futuristic biosensor technologies.
Certain foodborne pathogens are directly transmitted from animals to people, while others are conveyed through vectors such as insects, food handlers, contaminated food products or food-processing surfaces, or transmission through sponges, towels, or utensils used in the kitchen.
KEY DRIVERS
Cross-contamination of food products
Increasing prevalence of food-borne diseases
Foodborne infections are illnesses induced by consuming tainted food. These disorders can range from moderate to severe, and in some cases, they are fatal. Salmonella, E. coli, Listeria, and Campylobacter are some of the most frequent foodborne infections. The presence of dangerous microorganisms in food is detected through food pathogen testing. By identifying and eliminating contaminated food from the supply chain, this testing can be utilized to avoid foodborne illness outbreaks.
When hazardous bacteria are transported from one food to another, this is referred to as cross-contamination. When raw meat, poultry, or seafood comes into contact with other foods, such as fruits, vegetables, or ready-to-eat items, this can occur. Cross-contamination can also happen when food handlers do not properly wash their hands after handling raw foods.
RESTRAIN
Lack of knowledge of foodborne illness
High investment in the infrastructure of food pathogen
Small companies may find it difficult to obtain the necessary equipment and training to conduct food pathogen testing due to the high cost of investment. This can reduce market competition and make it more difficult for enterprises to provide affordable testing services. Companies may be discouraged from investing in research and development of novel food pathogen testing technology due to the high cost of investment. This can delay market innovation and make it more difficult to create new and better methods of testing for food pathogens. Consumers may face higher rates for food pathogen testing services as a result of the high cost of investing. This can make it more difficult for businesses to afford testing services while also discouraging customers.
OPPORTUNITY
Technological advancement in the testing industry
Foodborne disease is a big issue that affects thousands of individuals each year all over the world. Nowadays many new variants of viruses are there in the environment. New variants of viruses need new technologies to be worked on many researchers are trying to find out new methods to combat challenges. The techniques needed to ensure food safety depend heavily on accuracy and efficiency. Since the 1960s, the Typhimurium variety has been responsible for roughly one-quarter of salmonella outbreaks. New testing technologies are being developed that are faster, more accurate, and more affordable. Furthermore, Advancements in automation are making it possible to test for food pathogens more quickly and easily.
CHALLENGES
Complexity in the technology of testing
Existing technologies for food hygiene testing provide a number of challenges in generating meaningful test findings. The issues encompass the disadvantages of technologies failing to produce accurate outcomes and technical shortcomings in assessing complex products such as processed food, among others. A faulty food safety testing technique may produce false results, resulting in the release of potentially contaminated ultimate foods. As a result, for the application to be considered effective, food safety tests must be standardized and have a specified set of features.
By Type
E. coli
Listeria
Salmonella
Campylobacter
Other
By Technology
Traditional
Rapid
By Application
Cereals & Grains
Processed Food
Meat & Poultry
Dairy
Fruit & Vegetable
.png)
Based on Type
The market is segmented based on Type which includes E. coli, Listeria, Salmonella, Campylobacter, and others. Salmonella is a bacteria that commonly lives in animal intestines and can contaminate food when it comes into contact with excrement. It is known to cause food poisoning. Salmonella can cause diarrhea, vomiting, and stomach cramps, among other symptoms. It is primarily found in chicken, eggs, meat, and eggs. Raw dairy products, eggs, and undercooked meat have all been linked to large-scale Salmonella outbreaks.
Based on Technology
Based on technology, the largest segment is in the rapid technology group. Food manufacturers are increasingly requiring rapid testing technology to accelerate results and supply chain processes. Furthermore, when compared to traditional technologies, rapid methods offer better accuracy and the ability to test a wide spectrum of pollutants while simultaneously producing accurate data.
North America is the leading market for food pathogen testing, with the United States being the largest market. This is due to the high awareness of food safety in the region, stringent regulations, and the presence of a large number of food manufacturers and processors. The increasing export of agricultural products within the region can raise the potential for outbreaks and consequently, health risks posed by microbial pathogens in food. The increased prevalence of foodborne infections in this region is projected to fuel the market.
Asia Pacific is the fastest-growing market for food pathogen testing owing to the increasing investments from various multinational food manufacturers, especially in countries such as China, India, and other countries. This is due to the growing population, increasing disposable incomes, rising demand for processed foods, and the increasing awareness of food safety in the region. Japan is one of the major markets for food pathogen testing in the Asia Pacific region.
Europe is the second largest market for food pathogen testing. This is due to the high standards of food safety in the region, the presence of a large number of food manufacturers and processors, and the increasing demand for rapid and accurate testing methods. Food pathogen testing may become more popular as a result of stricter food safety standards and regulations, as well as an increase in trade volume.
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
SGS S.A., Bureau Veritas, ALS Limited, Intertek Group Plc, JBT, TÜV NORD GROUP, Silliker, Inc., IFP Institute Fr Produktqualitt GmbH, Microbac Laboratories, Inc., Eurofins Scientific, Genetic Id Na Inc., and other key players are mentioned in the final report.
In August 2023 ALS Limited improved its position as a market leader in food testing and inspection services. With the acquisition of Proanaliz organization of Laboratories, a food testing organization situated in Antalye, Turkey.
In August 2023 Bia Analytical Ltd recently signed an agreement to collaborate with trinamiX GmbH to develop a revolutionary new solution that will provide customers with a rapid portable authenticity result at the time of sampling, bringing testing outside the lab and within the supply chain.
In May 2023 By acquiring Corthorn Quality S.A. Chile, ALS Limited strengthened its food testing, quality control, and certification capabilities. The CQ team brings an abundance of industry experience and commercial knowledge to ALS, complementing our Pacific Region operations while also increasing our Food sector technicality.
| Report Attributes | Details |
| Market Size in 2022 | US$ 14 Billion |
| Market Size by 2030 | US$ 26.49 Billion |
| CAGR | CAGR of 8.3 % 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 (E. coli, Listeria, Salmonella, Campylobacter, Other) • By Technology (Traditional, Rapid) • By Application (Cereals & Grains, Processed Food, Meat & Poultry, Dairy, Fruit & Vegetable) |
| 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 | SGS S.A., Bureau Veritas, ALS Limited, Intertek Group Plc, JBT, TÜV NORD GROUP, Silliker, Inc., IFP Institute Fr Produktqualitt GmbH, Microbac Laboratories, Inc., Eurofins Scientific, Genetic Id Na Inc. |
| Key Drivers | • Cross-contamination of food products • Increasing prevalence of food-borne diseases |
| Market Opportunity | • Technological advancement in the testing industry |
Ans: Food Pathogen Testing Market is anticipated to expand by 8.3% from 2023 to 2030.
Ans: USD 26.49 billion is expected to grow by 2030.
Ans: The food Pathogen Testing Market size was valued at USD 14.1 billion in 2022
Ans: Drivers are cross-contamination of food products and increasing prevalence of food-borne diseases.
Ans: Challenges are lack of knowledge of foodborne illness and high investment in the infrastructure of food pathogen.
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. Food Pathogen Testing Market Segmentation, By Type
8.1 E. coli
8.2 Listeria
8.3 Salmonella
8.4 Campylobacter
8.5 Other
9. Food Pathogen Testing Market Segmentation, By Technology
9.1 Traditional
9.2 Rapid
10. Food Pathogen Testing Market Segmentation, By Application
10.1 Cereals & Grains
10.2 Processed Food
10.3 Meat & Poultry
10.4 Dairy
10.5 Fruit & Vegetable
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Food Pathogen Testing Market by Country
11.2.2 North America Food Pathogen Testing Market by Type
11.2.3 North America Food Pathogen Testing Market by Technology
11.2.4 North America Food Pathogen Testing Market by Application
11.2.5 USA
11.2.5.1 USA Food Pathogen Testing Market by Type
11.2.5.2 USA Food Pathogen Testing Market by Technology
11.2.5.3 USA Food Pathogen Testing Market by Application
11.2.6 Canada
11.2.6.1 Canada Food Pathogen Testing Market by Type
11.2.6.2 Canada Food Pathogen Testing Market by Technology
11.2.6.3 Canada Food Pathogen Testing Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Food Pathogen Testing Market by Type
11.2.7.2 Mexico Food Pathogen Testing Market by Technology
11.2.7.3 Mexico Food Pathogen Testing Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Food Pathogen Testing Market by Country
11.3.1.2 Eastern Europe Food Pathogen Testing Market by Type
11.3.1.3 Eastern Europe Food Pathogen Testing Market by Technology
11.3.1.4 Eastern Europe Food Pathogen Testing Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Food Pathogen Testing Market by Type
11.3.1.5.2 Poland Food Pathogen Testing Market by Technology
11.3.1.5.3 Poland Food Pathogen Testing Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Food Pathogen Testing Market by Type
11.3.1.6.2 Romania Food Pathogen Testing Market by Technology
11.3.1.6.4 Romania Food Pathogen Testing Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Food Pathogen Testing Market by Type
11.3.1.7.2 Turkey Food Pathogen Testing Market by Technology
11.3.1.7.3 Turkey Food Pathogen Testing Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Food Pathogen Testing Market by Type
11.3.1.8.2 Rest of Eastern Europe Food Pathogen Testing Market by Technology
11.3.1.8.3 Rest of Eastern Europe Food Pathogen Testing Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Food Pathogen Testing Market by Type
11.3.2.2 Western Europe Food Pathogen Testing Market by Technology
11.3.2.3 Western Europe Food Pathogen Testing Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Food Pathogen Testing Market by Type
11.3.2.4.2 Germany Food Pathogen Testing Market by Technology
11.3.2.4.3 Germany Food Pathogen Testing Market by Application
11.3.2.5 France
11.3.2.5.1 France Food Pathogen Testing Market by Type
11.3.2.5.2 France Food Pathogen Testing Market by Technology
11.3.2.5.3 France Food Pathogen Testing Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Food Pathogen Testing Market by Type
11.3.2.6.2 UK Food Pathogen Testing Market by Technology
11.3.2.6.3 UK Food Pathogen Testing Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Food Pathogen Testing Market by Type
11.3.2.7.2 Italy Food Pathogen Testing Market by Technology
11.3.2.7.3 Italy Food Pathogen Testing Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Food Pathogen Testing Market by Type
11.3.2.8.2 Spain Food Pathogen Testing Market by Technology
11.3.2.8.3 Spain Food Pathogen Testing Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Food Pathogen Testing Market by Type
11.3.2.9.2 Netherlands Food Pathogen Testing Market by Technology
11.3.2.9.3 Netherlands Food Pathogen Testing Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Food Pathogen Testing Market by Type
11.3.2.10.2 Switzerland Food Pathogen Testing Market by Technology
11.3.2.10.3 Switzerland Food Pathogen Testing Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Food Pathogen Testing Market by Type
11.3.2.11.3 Austria Food Pathogen Testing Market by Technology
11.3.2.11.4 Austria Food Pathogen Testing Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Food Pathogen Testing Market by Type
11.3.2.12.2 Rest of Western Europe Food Pathogen Testing Market by Technology
11.3.2.12.3 Rest of Western Europe Food Pathogen Testing Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Food Pathogen Testing Market by Country
11.4.2 Asia-Pacific Food Pathogen Testing Market by Type
11.4.3 Asia-Pacific Food Pathogen Testing Market by Technology
11.4.4 Asia-Pacific Food Pathogen Testing Market by Application
11.4.5 China
11.4.5.1 China Food Pathogen Testing Market by Type
11.4.5.2 China Food Pathogen Testing Market by Application
11.4.5.3 China Food Pathogen Testing Market by Technology
11.4.6 India
11.4.6.1 India Food Pathogen Testing Market by Type
11.4.6.2 India Food Pathogen Testing Market by Technology
11.4.6.3 India Food Pathogen Testing Market by Application
11.4.7 Japan
11.4.7.1 Japan Food Pathogen Testing Market by Type
11.4.7.2 Japan Food Pathogen Testing Market by Technology
11.4.7.3 Japan Food Pathogen Testing Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Food Pathogen Testing Market by Type
11.4.8.2 South Korea Food Pathogen Testing Market by Technology
11.4.8.3 South Korea Food Pathogen Testing Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Food Pathogen Testing Market by Type
11.4.9.2 Vietnam Food Pathogen Testing Market by Technology
11.4.9.3 Vietnam Food Pathogen Testing Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Food Pathogen Testing Market by Type
11.4.10.2 Singapore Food Pathogen Testing Market by Technology
11.4.10.3 Singapore Food Pathogen Testing Market by Application
11.4.11 Australia
11.4.11.1 Australia Food Pathogen Testing Market by Type
11.4.11.2 Australia Food Pathogen Testing Market by Technology
11.4.11.3 Australia Food Pathogen Testing Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Food Pathogen Testing Market by Type
11.4.12.2 Rest of Asia-Pacific Food Pathogen Testing Market by Technology
11.4.12.3 Rest of Asia-Pacific Food Pathogen Testing Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Food Pathogen Testing Market by Country
11.5.1.2 Middle East Food Pathogen Testing Market by Type
11.5.1.3 Middle East Food Pathogen Testing Market by Technology
11.5.1.4 Middle East Food Pathogen Testing Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Food Pathogen Testing Market by Type
11.5.1.5.2 UAE Food Pathogen Testing Market by Technology
11.5.1.5.3 UAE Food Pathogen Testing Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Food Pathogen Testing Market by Type
11.5.1.6.2 Egypt Food Pathogen Testing Market by Technology
11.5.1.6.3 Egypt Food Pathogen Testing Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Food Pathogen Testing Market by Type
11.5.1.7.2 Saudi Arabia Food Pathogen Testing Market by Technology
11.5.1.7.3 Saudi Arabia Food Pathogen Testing Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Food Pathogen Testing Market by Type
11.5.1.8.2 Qatar Food Pathogen Testing Market by Technology
11.5.1.8.3 Qatar Food Pathogen Testing Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Food Pathogen Testing Market by Type
11.5.1.9.2 Rest of Middle East Food Pathogen Testing Market by Technology
11.5.1.9.3 Rest of Middle East Food Pathogen Testing Market by Application
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Food Pathogen Testing Market by Type
11.5.2.3 Africa Food Pathogen Testing Market by Technology
11.5.2.4 Africa Food Pathogen Testing Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Food Pathogen Testing Market by Type
11.5.2.5.2 Nigeria Food Pathogen Testing Market by Technology
11.5.2.5.3 Nigeria Food Pathogen Testing Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Food Pathogen Testing Market by Type
11.5.2.6.2 South Africa Food Pathogen Testing Market by Technology
11.5.2.6.3 South Africa Food Pathogen Testing Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Food Pathogen Testing Market by Type
11.5.2.7.2 Rest of Africa Food Pathogen Testing Market by Technology
11.5.2.7.3 Rest of Africa Food Pathogen Testing Market by Application
11.6 Latin America
11.6.1 Latin America Food Pathogen Testing Market by Country
11.6.2 Latin America Food Pathogen Testing Market by Type
11.6.3 Latin America Food Pathogen Testing Market by Technology
11.6.4 Latin America Food Pathogen Testing Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Food Pathogen Testing Market by Type
11.6.5.2 Brazil Food Pathogen Testing Market by Technology
11.6.5.3 Brazil Food Pathogen Testing Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Food Pathogen Testing Market by Type
11.6.6.2 Argentina Food Pathogen Testing Market by Technology
11.6.6.3 Argentina Food Pathogen Testing Market by Application
11.6.7 Colombia
11.6.7.1 Colombia Food Pathogen Testing Market by Type
11.6.7.2 Colombia Food Pathogen Testing Market by Technology
11.6.7.3 Colombia Food Pathogen Testing Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Food Pathogen Testing Market by Type
11.6.8.2 Rest of Latin America Food Pathogen Testing Market by Technology
11.6.8.3 Rest of Latin America Food Pathogen Testing Market by Application
12. Company profile
12.1 SGS S.A.
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 Bureau Veritas
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 Intertek Group Plc
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 ALS Limited
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 Eurofins Scientific
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 Microbac Laboratories Inc
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 Bureau Veritas S.A.
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 Genetic Id Na Inc.
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 TÜV NORD GROUP
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 Silliker
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
12.11 IFP Institute Fr Produktqualitt GmbH
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 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 Protein Hydrolysate Market Size was esteemed at USD 583.33 million out of 2022 and is supposed to arrive at USD 1141 million by 2030, and develop at a CAGR of 8.75% over the forecast period 2023-2030.
The Ginseng Extracts Market Size was esteemed at USD 18.85 billion out of 2022 and is supposed to arrive at USD 32.76 billion by 2030, and develop at a CAGR of 7.15% over the forecast period 2023-2030.
Vegan Chocolate Confectionery Market Report Scope & Overview: Vegan Chocolate Confectionery Market
Honey Market Report Scope & Overview: Honey Market Size was esteemed at USD 8.06 billion out of 2
The Sports & Energy Drinks Market size was USD 105.2 billion in 2022 and is expected to Reach USD 242.4 billion by 2030 and grow at a CAGR of 11 % over the forecast period of 2023-2030.
The Starter Culture Market Size was esteemed at USD 1.11 billion out of 2022 and is supposed to arrive at USD 1.66 billion by 2030, and develop at a CAGR of 5.17% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
