Halal Food Market Analysis APAC,Middle East and Africa,Europe,South America,North America - US,South Africa,Japan,China,UK - Size and Forecast 2023-2027

Published: Nov 2022

Pages: 171

SKU: IRTNTR43716

Snapshot

Halal Food Market Forecast 2023- 2027

The global halal food market size is projected to reach a value of USD 427.68 billion with a CAGR of 4.52% between 2022 and 2027. The market offers a wide range of halal-certified food products including meat, poultry, dairy, snacks, and even cosmetics and personal care items. This is not only consumed by Muslims but also appeals to individuals seeking ethical and high-quality food options. The market is driven by the rising number of product offerings under this category and the increasing number of companies in the global market is resulting in increased consumer spending on products globally.

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Market Driver

The increasing consumer expenditure on this is notably driving the halal industry. Until the past decade, the global market was only prominent in countries such as Indonesia, Malaysia, Saudi Arabia, Singapore, the UAE, and other Middle Eastern countries. Australia is one of the major exporters of food and beverages globally. The exports from Australia are expected to increase during the forecast period. This, in turn, will impact the market growth positively during the forecast period.

Market Trends

The popularity of the organized retail sector is a key trend influencing market growth. Hypermarkets and supermarkets are two of the major offline distribution channels for this product. Organized retailing is an integral part of these offline distribution channels, which facilitates the purchasing process for consumers and enables them to choose from a diverse range of products. An increase in the number of organized retailers offering private-label is one of the major factors that are expected to drive the popularity of the market during the forecast period.

Market Challenges

The market faces significant hurdles due to the absence of universally accepted regulatory standards for certification. Country-specific regulations and evolving frameworks pose major challenges. The complexity arises from varying standards across regions and a lack of a cohesive accreditation scheme to oversee certification bodies, leading to conflicts of interest. Presently, the regulatory framework for its' certification remains confined to individual countries.

Despite challenges, opportunities exist within this landscape. Countries like Malaysia have established comprehensive domestic regulations. Australia, India, China, and Brazil are significant exporters of this, signaling market potential. Addressing regulatory challenges could unlock substantial growth opportunities in the global market during the forecast period.

Key Market Players

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.

Al Islami Foods- The company offers halal foods such as chicken burgers and beef burgers.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Market Segmentation

The market share growth by the halal meat and poultry segment will be significant during the forecast period. The segment primarily includes halal foods such as beef, lamb meat, goat meat, chicken, Turkey, and fish.

Halal Food Products: Meat and Poultry

Under the category of meat products and poultry products, various items are included in various cuts of beef, lamb, goat, and other permissible animals that have been slaughtered according to the Muslim community way. Halal poultry includes chicken products, chicken cottage, Turkey, duck, and other permissible birds.

The segment can be further classified as a fresh meat market, poultry, and seafood products that are free of artificial ingredients or added color.

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Halal Food Products: Dairy and Confectionery

Dairy product offerings include various milk types like cow's milk, goat's milk, cheeses such as cheddar or mozzarella, yogurts, butter, and ghee—each sourced, processed, and handled in alignment with guidelines
Confectionery includes products comprising an array of treats like candies, chocolates, baked goods such as cakes and cookies, desserts like ice cream and puddings, along with snacks including chips, nuts, and beverages like fruit juices or soft drinks.

Halal Food Products: Beverages and Snacks

The snacks include items like potato chips, pretzels, and nuts, all prepared under Islamic dietary laws.
Common condiments such as salt, pepper, various spices, herbs, cereals, vegetables and vegetable oils, vinegar (from permissible sources), saffron, soy sauces (if free from non-permissible ingredients), crescent foods and groceries food items others are generally considered Halal when they meet the criteria outlined by Islamic dietary laws.

The growth of this segment is primarily attributed to the increasing adoption of the market, which is driven by an increase in global demand.

Key Regions

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APAC is projected to contribute 51% of the market's growth by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Consumer Preferences and Demographics

This has gained popularity not just among Muslim consumers but also among those seeking ethically sourced and top-quality choices. Non-Muslim individuals are showing a rising interest due to perceived health benefits, ethical considerations, and the assurance of superior quality. Both Muslim and non-Muslim consumer communities often link Halal certification with elevated standards in terms of quality, hygiene, and adherence to specific guidelines. Younger generations, particularly Millennials and Generation Z, are increasingly drawn, and influenced by social media exposure, travel encounters, and a heightened emphasis on ethical and sustainable consumption practices.

Market Analyst Overview

The Halal food market is experiencing significant growth globally, driven by increasing population and demand for safe and reliable food products. Countries like Italy, Nigeria, and Mexico are witnessing a surge in interest in Halal offerings. Brands like Saffron Road and Balady Foods are leading the way in providing Halal-certified options, while businesses are entering into franchising partnerships to expand their market access.

With Asia Pacific emerging as a key region, collaboration and development efforts are underway to meet consumer preferences. Regulations and certification standards ensure compliance in the Halal industry, promoting trust among consumers. Despite competition, the Halal food market presents numerous opportunities for international players to capitalize on growing demand and expanding economies.

Segment Overview

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

Product Outlook (USD Billion, 2017 - 2027)
- Halal MPS
- Halal BCC
- Halal FVN
- Halal beverages
- Others
Distribution Channel Outlook (USD Billion, 2017 - 2027)
- Offline
- Online
Region Outlook (USD Billion, 2017 - 2027)
- APAC
  - China
  - India
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Argentina
  - Brazil
  - Chile

Halal Food Market Scope
Report Coverage	Details
Page number	171
Base yearthe	2022
Historical year	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 4.52%
Market growth 2023-2027	USD 427.68 billion
Market structure	Fragmented
YoY growth (%)	3.24
Regional analysis	APAC, the Middle East and Africa, Europe, South America, and North America
Performing market contribution	APAC at 51%
Key consumer countries	US, South Africa, Japan, China, and UK
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Al Islami Foods, BRF SA, CJ CheilJedang Corp., Daesang Corp., Flying Trade Group Plc, Johnsonville LLC, Kawan Food Berhad, Midamar Corp., Nema Food Inc., Nestle SA, Prairie Halal Foods, QL Foods Sdn Bhd, Raj Foods Ltd., Ramly Food Processing, Tahira Foods Ltd., Tesco Plc, The American Halal Co. Inc., Unilever PLC, Cargill Inc., and Glanbia Plc
Market dynamics	Parent market analysis, Market forecasting, Market growth 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 market research report 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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Key Data Covered in the Market Research and Growth 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 size of the market and its contribution to the parent market.
Accurate predictions about upcoming market analysis and report, changes in consumer behavior
Growth of the market across APAC, the Middle East and Africa, Europe, South America, and North America
A thorough market analysis and report of the competitive landscape and detailed information about companies
Comprehensive details of factors that will challenge the market growth and trends 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 Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- 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 halal food market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global halal food market 2017 - 2021 ($ billion)

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

4.3 Distribution Channel Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)

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

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

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 Product

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

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

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

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

6.5 Halal FVN - Market size and forecast 2022-2027
- Exhibit 42: Chart on Halal FVN - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Halal FVN - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Halal FVN - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Halal FVN - Year-over-year growth 2022-2027 (%)

6.6 Halal beverages - Market size and forecast 2022-2027
- Exhibit 46: Chart on Halal beverages - Market size and forecast 2022-2027 ($ billion)
- Exhibit 47: Data Table on Halal beverages - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Chart on Halal beverages - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Halal beverages - Year-over-year growth 2022-2027 (%)

6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by Product
- Exhibit 54: Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
- Exhibit 55: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 56: Data Table on Distribution Channel - Market share 2022-2027 (%)

7.2 Comparison by Distribution Channel
- Exhibit 57: Chart on Comparison by Distribution Channel
- Exhibit 58: Data Table on Comparison by Distribution Channel

7.3 Offline - Market size and forecast 2022-2027
- Exhibit 59: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 60: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Offline - Year-over-year growth 2022-2027 (%)

7.4 Online - Market size and forecast 2022-2027
- Exhibit 63: Chart on Online - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Online - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Distribution Channel
- Exhibit 67: Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027
- Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 North America - Market size and forecast 2022-2027
- Exhibit 89: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 90: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.8 Japan - Market size and forecast 2022-2027
- Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.9 US - Market size and forecast 2022-2027
- Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

9.10 South Africa - Market size and forecast 2022-2027
- Exhibit 101: Chart on South Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 102: Data Table on South Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 103: Chart on South Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on South Africa - Year-over-year growth 2022-2027 (%)

9.11 China - Market size and forecast 2022-2027
- Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)

9.12 UK - Market size and forecast 2022-2027
- Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 113: 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 114: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 116: Overview on factors of disruption

11.4 Industry risks
- Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 118: Vendors covered

12.2 Market positioning of vendors
- Exhibit 119: Matrix on vendor position and classification

12.3 Al Islami Foods
- Exhibit 120: Al Islami Foods - Overview
- Exhibit 121: Al Islami Foods - Product / Service
- Exhibit 122: Al Islami Foods - Key offerings

12.4 BRF SA
- Exhibit 123: BRF SA - Overview
- Exhibit 124: BRF SA - Product / Service
- Exhibit 125: BRF SA - Key offerings

12.5 Cargill Inc.
- Exhibit 126: Cargill Inc. - Overview
- Exhibit 127: Cargill Inc. - Product / Service
- Exhibit 128: Cargill Inc. - Key news
- Exhibit 129: Cargill Inc. - Key offerings

12.6 CJ CheilJedang Corp.
- Exhibit 130: CJ CheilJedang Corp. - Overview
- Exhibit 131: CJ CheilJedang Corp. - Business segments
- Exhibit 132: CJ CheilJedang Corp. - Key offerings
- Exhibit 133: CJ CheilJedang Corp. - Segment focus

12.7 Kawan Food Berhad
- Exhibit 134: Kawan Food Berhad - Overview
- Exhibit 135: Kawan Food Berhad - Product / Service
- Exhibit 136: Kawan Food Berhad - Key offerings

12.8 Midamar Corp.
- Exhibit 137: Midamar Corp. - Overview
- Exhibit 138: Midamar Corp. - Product / Service
- Exhibit 139: Midamar Corp. - Key offerings

12.9 Nema Food Inc.
- Exhibit 140: Nema Food Inc. - Overview
- Exhibit 141: Nema Food Inc. - Product / Service
- Exhibit 142: Nema Food Inc. - Key offerings

12.10 Nestle SA
- Exhibit 143: Nestle SA - Overview
- Exhibit 144: Nestle SA - Business segments
- Exhibit 145: Nestle SA - Key news
- Exhibit 146: Nestle SA - Key offerings
- Exhibit 147: Nestle SA - Segment focus

12.11 Prairie Halal Foods
- Exhibit 148: Prairie Halal Foods - Overview
- Exhibit 149: Prairie Halal Foods - Product / Service
- Exhibit 150: Prairie Halal Foods - Key offerings

12.12 QL Foods Sdn Bhd
- Exhibit 151: QL Foods Sdn Bhd - Overview
- Exhibit 152: QL Foods Sdn Bhd - Product / Service
- Exhibit 153: QL Foods Sdn Bhd - Key offerings

12.13 Raj Foods Ltd.
- Exhibit 154: Raj Foods Ltd. - Overview
- Exhibit 155: Raj Foods Ltd. - Product / Service
- Exhibit 156: Raj Foods Ltd. - Key offerings

12.14 Ramly Food Processing
- Exhibit 157: Ramly Food Processing - Overview
- Exhibit 158: Ramly Food Processing - Product / Service
- Exhibit 159: Ramly Food Processing - Key offerings

12.15 Tahira Foods Ltd.
- Exhibit 160: Tahira Foods Ltd. - Overview
- Exhibit 161: Tahira Foods Ltd. - Product / Service
- Exhibit 162: Tahira Foods Ltd. - Key offerings

12.16 The American Halal Co. Inc.
- Exhibit 163: The American Halal Co. Inc. - Overview
- Exhibit 164: The American Halal Co. Inc. - Product / Service
- Exhibit 165: The American Halal Co. Inc. - Key offerings

12.17 Unilever PLC
- Exhibit 166: Unilever PLC - Overview
- Exhibit 167: Unilever PLC - Business segments
- Exhibit 168: Unilever PLC - Key news
- Exhibit 169: Unilever PLC - Key offerings
- Exhibit 170: Unilever PLC - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 171: Inclusions checklist
- Exhibit 172: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 173: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 174: Research methodology
- Exhibit 175: Validation techniques employed for market sizing
- Exhibit 176: Information sources

13.5 List of abbreviations
- Exhibit 177: 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

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
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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