Air-dried Food Market by Type, Product and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023

Pages: 149

SKU: IRTNTR76200

Snapshot

Air-dried Food Market Forecast 2023-2027

The air-dried food market size is estimated to grow at a CAGR of 7.75% between 2022 and 2027. The market size is forecast to increase by USD 47.25 billion. This market research and growth report includes key drivers, trends and challenges during the forecasted period 2023-2027.

Air-dried Food Market: Overview

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Key Drivers

One of the key factors driving the market growth is the growing health consciousness among consumers. There is an increasing popularity for this among health-conscious consumers due to their perceived nutritional benefits. Several health-conscious consumers are constantly seeking nutrient-dense foods that support their well-being. The main advantage of this is that they retain a significant portion of their original nutrients when compared to foods that are processed through other methods, including frying or baking. Furthermore, this method is considered less aggressive when compared to other preservation methods, including deep frying or canning. The increasing preference for minimally processed foods by health-conscious consumers, as they perceive it to be free of any additives, positively impacts the market. Hence, such factors are expected to drive market growth during the forecast period.

Key Trends

A key factor shaping the air-dried food market growth is the increasing demand for convenience foods. Convenience food can be referred to as food items that can easily be prepared and consumed and save more time and effort for consumers. There is an increasing preference for convenience food among consumers due to several factors, including changing lifestyles, urbanization, busy schedules, and a growing preference for on-the-go and ready-to-eat options.

Moreover, several market players in the global market are offering such food products that offer convenience without compromising the quality and nutritional value. The main advantage of this product is that they offer a convenient solution for consumers who are seeking quick and easy meal options. Hence, such factors are positively impacting the market which, in turn, will drive the market during the forecast period.

Key Challenge

The high cost of production of air-dried food is one of the key challenges hindering the market growth. There is an increasing need for specialized equipment and infrastructure for the processing of products. As a result, it results in high initial investments for smaller and new entrants which is negatively impacting the market growth.

Moreover, air-drying comprises removing moisture from products using air circulation and heat and the energy required to carry out such a process can be high, mainly when products are manufactured in large quantities. As a result, such energy requirements contribute to the overall production cost. Hence, such factors are expected to hinder the market growth during the forecast period.

Market Segmentation by Product

The increasing demand for the coffee beans segment among health-conscious consumers will increase the market growth. The main goal of the coffee beans segment in the global air-dried market is to offer consumers with easy and portable way to enjoy their favorite beverage. The process of manufacturing air-dried coffee segment includes a dying process which helps remove moisture while retaining the coffee beans' natural flavor compounds, aromas, and essential oils. As a result, it becomes easy to store and transport as well as offer a rich and aromatic cup of coffee once rehydrated. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

Market Segmentation by Type

The freeze-dried food segment, along with the dehydrated snacks industry, is estimated to witness significant growth during the forecast period. There is an increasing demand for freeze-dried and dehydrated snacks among consumers who are constantly seeking quick and easy-to-prepare healthy options that are convenient to store as well. Dehydrated vegetables, in particular, are gaining traction in the snack industry due to their lightweight, portable nature, and longer shelf life, making them ideal for storage.

The freeze-dried food segment was the largest segment and was valued at USD 60.17 billion in 2017.

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The main advantage of both freeze-dried and dehydrated snacks is their ability to be stored for longer periods without refrigeration, making them suitable for various market segments, including outdoor activities such as hiking, camping, and backpacking. Technological advancements in processing have expanded the range that can be freeze-dried or dehydrated, including fruits, vegetables, meats, and even desserts.

Market research and growth analysis indicate a growing preference for freeze-dried and dehydrated snacks among health-conscious consumers. These snacks are perceived as healthier alternatives to some other convenience foods due to their minimal preparation requirements and nutrient retention. As a result, market forecasting suggests continued market growth for both freeze-dried and dehydrated snacks in the coming years, driven by consumer demand for convenient, healthy snack options.

Key Regions for the Market

North America is estimated to contribute 40% to the growth of the global market during the forecast period.

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors that are significantly contributing to the growth of the global market in North America is the major health-conscious population in the region. There is an increasing preference for these products in the region as these health-conscious populations perceive that these products often contain fewer additives and retain more of their natural nutrients. Additionally, several consumers are constantly seeking healthier snack options that offer sustained energy and are conducive to their active lifestyles. Additionally, these products offer consumers convenience who are looking for portable, shelf-stable snack options. Hence, such factors are expected to drive the market growth in the region during the forecast period.

Market Analyst Overview

In the ever-evolving market, where innovation meets consumer demand, several key factors shape its landscape. Through advanced drying techniques and a focus on food preservation, manufacturers ensure products maintain their shelf life while retaining nutritional value.

The sector caters to diverse needs, ranging from dehydrated fruits and vegetables to meat preservation, offering a wide array of options for consumers seeking convenience without compromising on quality. With a growing emphasis on healthy snacks and ready-to-eat meals, air-dried food products present an attractive solution for health-conscious individuals.

Moreover, the market's commitment to sustainability drives advancements in packaging solutions and food storage, aligning with eco-friendly practices. As culinary innovation continues to flourish, the industry's market trends and growth analysis indicate promising opportunities for expansion and development. Embracing market forecasting, stakeholders navigate the dynamic landscape of the air-dried food sector with foresight and adaptability.

Key Companies Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Key Offering - Aarkay Food Products Ltd: The company offers products such as Spray Dried Fruit Powder.
Key Offering - Canine India: The company offers products such as Crunchy Bites and Airdried complete meal mix.
Key Offering - Flex Foods Ltd: The company offers products under the brand Flex Food.

The market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth analysis by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Type Outlook (USD Billion, 2017 - 2027)
- Freeze-dried food
- Hot air-dried food
Product Outlook (USD Billion, 2017 - 2027)
- Coffee beans
- Fruits and vegetables
- Herbs
- Meat
Geography Outlook (USD Billion, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Air-dried Food Market Scope
Report Coverage	Details
Page number	149
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 7.75%
Market growth 2023-2027	USD 47.25 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	7.37
Regional analysis	North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution	North America at 40%
Key countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Aarkay FoodProducts Ltd., Absolute Pets, BARF India, Canine India, Flex FoodsLtd., Garon Dehydrates Pvt Ltd., HUKI, Naturz Organics, NewFood, NONG SHIM AMERICA INC., Redbarn Pet Products LLC, ROHA Dyechem Pvt. Ltd., Royal Nut Co., Royal Ridge Fruits, Staughton Group, The Real Meat Co., Van Drunen Farms, Wild Zora FoodsLLC, Xinghua Lianfu FoodCo. Ltd, and Vinayak Ingredients Pvt. Ltd.
Market dynamics	Parent market analysis, market growth and forecasting inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2023 and 2027
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across North America, APAC, Europe, South America, and the Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global air-dried food market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global air-dried food market 2017 - 2021 ($ million)

4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type

6.3 Freeze dried food - Market size and forecast 2022-2027
- Exhibit 34: Chart on Freeze dried food - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Freeze dried food - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Freeze dried food - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Freeze dried food - Year-over-year growth 2022-2027 (%)

6.4 Hot air-dried food - Market size and forecast 2022-2027
- Exhibit 38: Chart on Hot air-dried food - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Hot air-dried food - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Hot air-dried food - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Hot air-dried food - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ billion)
- Exhibit 43: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Product

7.1 Market segments
- Exhibit 44: Chart on Product - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Product - Market share 2022-2027 (%)

7.2 Comparison by Product
- Exhibit 46: Chart on Comparison by Product
- Exhibit 47: Data Table on Comparison by Product

7.3 Coffee beans - Market size and forecast 2022-2027
- Exhibit 48: Chart on Coffee beans - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Coffee beans - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Coffee beans - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Coffee beans - Year-over-year growth 2022-2027 (%)

7.4 Fruits and vegetables - Market size and forecast 2022-2027
- Exhibit 52: Chart on Fruits and vegetables - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Fruits and vegetables - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Fruits and vegetables - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Fruits and vegetables - Year-over-year growth 2022-2027 (%)

7.5 Herbs - Market size and forecast 2022-2027
- Exhibit 56: Chart on Herbs - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Herbs - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Herbs - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Herbs - Year-over-year growth 2022-2027 (%)

7.6 Meat - Market size and forecast 2022-2027
- Exhibit 60: Chart on Meat - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Data Table on Meat - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Chart on Meat - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Meat - Year-over-year growth 2022-2027 (%)

7.7 Market opportunity by Product
- Exhibit 64: Market opportunity by Product ($ billion)
- Exhibit 65: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 Japan - Market size and forecast 2022-2027
- Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.12 UK - Market size and forecast 2022-2027
- Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ billion)
- Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 Aarkay Food Products Ltd.
- Exhibit 119: Aarkay Food Products Ltd. - Overview
- Exhibit 120: Aarkay Food Products Ltd. - Product / Service
- Exhibit 121: Aarkay Food Products Ltd. - Key offerings

12.4 Canine India
- Exhibit 122: Canine India - Overview
- Exhibit 123: Canine India - Product / Service
- Exhibit 124: Canine India - Key offerings

12.5 Flex Foods Ltd.
- Exhibit 125: Flex Foods Ltd. - Overview
- Exhibit 126: Flex Foods Ltd. - Product / Service
- Exhibit 127: Flex Foods Ltd. - Key offerings

12.6 Garon Dehydrates Pvt Ltd.
- Exhibit 128: Garon Dehydrates Pvt Ltd. - Overview
- Exhibit 129: Garon Dehydrates Pvt Ltd. - Product / Service
- Exhibit 130: Garon Dehydrates Pvt Ltd. - Key offerings

12.7 HUKI
- Exhibit 131: HUKI - Overview
- Exhibit 132: HUKI - Product / Service
- Exhibit 133: HUKI - Key offerings

12.8 Naturz Organics
- Exhibit 134: Naturz Organics - Overview
- Exhibit 135: Naturz Organics - Product / Service
- Exhibit 136: Naturz Organics - Key offerings

12.9 New Food
- Exhibit 137: New Food - Overview
- Exhibit 138: New Food - Product / Service
- Exhibit 139: New Food - Key offerings

12.10 NONGSHIM AMERICA INC.
- Exhibit 140: NONGSHIM AMERICA INC. - Overview
- Exhibit 141: NONGSHIM AMERICA INC. - Product / Service
- Exhibit 142: NONGSHIM AMERICA INC. - Key offerings

12.11 ROHA Dyechem Pvt. Ltd.
- Exhibit 143: ROHA Dyechem Pvt. Ltd. - Overview
- Exhibit 144: ROHA Dyechem Pvt. Ltd. - Product / Service
- Exhibit 145: ROHA Dyechem Pvt. Ltd. - Key offerings

12.12 Royal Nut Co.
- Exhibit 146: Royal Nut Co. - Overview
- Exhibit 147: Royal Nut Co. - Product / Service
- Exhibit 148: Royal Nut Co. - Key offerings

12.13 Staughton Group
- Exhibit 149: Staughton Group - Overview
- Exhibit 150: Staughton Group - Product / Service
- Exhibit 151: Staughton Group - Key offerings

12.14 Van Drunen Farms
- Exhibit 152: Van Drunen Farms - Overview
- Exhibit 153: Van Drunen Farms - Product / Service
- Exhibit 154: Van Drunen Farms - Key offerings

12.15 Vinayak Ingredients Pvt. Ltd.
- Exhibit 155: Vinayak Ingredients Pvt. Ltd. - Overview
- Exhibit 156: Vinayak Ingredients Pvt. Ltd. - Product / Service
- Exhibit 157: Vinayak Ingredients Pvt. Ltd. - Key offerings

12.16 Wild Zora Foods LLC
- Exhibit 158: Wild Zora Foods LLC - Overview
- Exhibit 159: Wild Zora Foods LLC - Product / Service
- Exhibit 160: Wild Zora Foods LLC - Key offerings

12.17 Xinghua Lianfu Food Co. Ltd
- Exhibit 161: Xinghua Lianfu Food Co. Ltd - Overview
- Exhibit 162: Xinghua Lianfu Food Co. Ltd - Product / Service
- Exhibit 163: Xinghua Lianfu Food Co. Ltd - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 164: Inclusions checklist
- Exhibit 165: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 166: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 167: Research methodology
- Exhibit 168: Validation techniques employed for market sizing
- Exhibit 169: Information sources

13.5 List of abbreviations
- Exhibit 170: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

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What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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