report-image

Global Oleoresins Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/22/2022
  • NO OF PAGES
  • 265
  • CATEGORY
  • Food & Beverages

Market Overview:

Oleoresins are concentrated extracts derived from natural herbs, spices, and other plants. They are used as flavoring agents, coloring agents, and preservatives in various food products such as snacks, sauces, soups, dressings, and meat products. Oleoresins are also used in pharmaceuticals, cosmetics, and personal care products due to their antioxidant and anti-inflammatory properties.

The global oleoresins market is driven by the increasing demand for natural ingredients and clean-label products in the food and beverage industry. Consumers are increasingly preferring natural products over synthetic ones due to the rising health concerns and awareness about the environmental impact of synthetic ingredients. The oleoresins market is also driven by the growing demand for convenience food products and the increasing popularity of ethnic cuisines.

The Asia-Pacific region is expected to dominate the global oleoresins market due to the increasing consumption of processed food products and the growing demand for natural ingredients in the region. Other regions such as North America, Europe, and Latin America are also witnessing significant growth in the oleoresins market due to the increasing awareness about the health benefits of natural ingredients and the rising demand for clean-label products.

Overall, the global oleoresins market is expected to continue its growth trajectory in the coming years, driven by the increasing demand for natural ingredients and the rising popularity of convenience food products.Top of Form

Covid-19 Impact:

The oleoresins market has been impacted by the COVID-19 pandemic in various ways. The pandemic has caused disruptions in the supply chain, production, and distribution of oleoresins products. The restrictions on movement and trade have affected the availability of raw materials required for the production of oleoresins, leading to a shortage in supply. The closure of restaurants, hotels, and other foodservice outlets has also reduced the demand for oleoresins products.

On the other hand, the pandemic has also created new opportunities for the oleoresins market. The increasing demand for natural and organic food products has boosted the demand for oleoresins as a natural food coloring and flavoring agent. Additionally, the rise in demand for immunity-boosting food products has increased the demand for oleoresins extracted from medicinal plants such as turmeric, ginger, and garlic.

The oleoresins market is expected to recover in the post-pandemic period as the global economy resumes normalcy. However, the market will continue to face challenges such as supply chain disruptions, fluctuating raw material prices, and changing consumer preferences. The market players will need to adapt to these challenges by innovating their products, investing in research and development, and diversifying their supply chains.

Market Dynamics:

Drivers:

The oleoresins market is driven by various factors, including:

  1. Increasing demand for natural food products: Consumers are increasingly opting for natural food products that are free from synthetic additives and chemicals. Oleoresins, being natural extracts of plants, are used as natural food colorings, flavorings, and preservatives in a wide range of food and beverage products.
  2. Growing popularity of ethnic cuisines: The popularity of ethnic cuisines such as Indian, Thai, and Mexican has increased globally, leading to a rise in demand for spices and herbs such as turmeric, ginger, paprika, and chili. Oleoresins extracted from these spices and herbs are widely used as natural flavorings and colorings in ethnic food products.
  3. Rising demand for convenience food: With the busy and hectic lifestyles of consumers, there is a growing demand for convenience food products such as ready-to-eat meals, frozen foods, and snacks. Oleoresins are used as flavorings and colorings in these products to enhance their taste and appearance.
  4. Increasing demand for organic food products: With the rising awareness about health and wellness, there is a growing demand for organic food products that are free from synthetic chemicals and pesticides. Oleoresins extracted from organic sources are used as natural food colorings and flavorings in organic food products.
  5. Technological advancements in oleoresins extraction: With the advancement in extraction technologies, the yield and quality of oleoresins extracted from various plant sources have improved, leading to increased adoption of oleoresins in various food and non-food applications.

These drivers are expected to continue to propel the growth of the oleoresins market in the coming years.

Regional Analysis:

The oleoresins market can be analyzed based on regional segments. The major regional segments of the market include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

  1. North America: The North American oleoresins market is driven by the increasing demand for natural food products and the rising popularity of ethnic cuisines. The United States is the largest market for oleoresins in the region, followed by Canada.
  2. Europe: The European oleoresins market is driven by the increasing demand for natural food products and the rising trend of clean labeling. Germany is the largest market for oleoresins in the region, followed by France and the United Kingdom.
  3. Asia Pacific: The Asia Pacific oleoresins market is driven by the increasing demand for convenience food products and the growing popularity of ethnic cuisines. India, China, and Japan are the largest markets for oleoresins in the region.
  4. Latin America: The Latin American oleoresins market is driven by the increasing demand for natural food products and the rising popularity of traditional Latin American cuisine. Brazil is the largest market for oleoresins in the region, followed by Mexico and Argentina.
  5. Middle East & Africa: The Middle East & Africa oleoresins market is driven by the increasing demand for natural food products and the growing food processing industry in the region. Saudi Arabia and South Africa are the largest markets for oleoresins in the region.

In summary, the oleoresins market is expected to grow in all the major regional segments driven by factors such as the increasing demand for natural food products, the popularity of ethnic cuisines, and the rising trend of clean labeling. However, the growth rate and market dynamics may vary based on regional differences in consumer preferences, regulatory environment, and economic factors.

Market Segmentation:

The oleoresins market can be segmented based on various factors, including source, application, and region.

  1. Source: The oleoresins market can be segmented based on the source of the oleoresins, such as spices, herbs, and flowers. Spices are the most commonly used source for oleoresins, including chili, paprika, black pepper, turmeric, and cumin.
  2. Application: The oleoresins market can be segmented based on the application of the oleoresins, such as food and beverage, pharmaceuticals, personal care and cosmetics, and others. The food and beverage industry is the largest application segment for oleoresins, including flavorings, colorings, and preservatives.
  3. Region: The oleoresins market can be segmented based on geographic regions, such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each region has its unique market dynamics and growth opportunities.
  4. Extraction Method: The oleoresins market can also be segmented based on the extraction method of oleoresins, such as solvent extraction, steam distillation, and supercritical fluid extraction.
  5. Type: The oleoresins market can be segmented based on the type of oleoresins, such as paprika oleoresins, black pepper oleoresins, ginger oleoresins, garlic oleoresins, and others.

These segments offer a comprehensive understanding of the oleoresins market and help market players to identify their target audience, tailor their products to meet customer needs, and develop effective marketing strategies to expand their market share.

Competitive Landscape:

The oleoresins market is highly competitive and fragmented, with several global and regional players operating in the market. Some of the key players in the oleoresins market include:

  1. Synthite Industries Ltd.: Synthite Industries is a leading global player in the oleoresins market, with a wide range of products for the food and beverage, pharmaceutical, and personal care industries.
  2. Kancor Ingredients Ltd.: Kancor Ingredients is a major player in the oleoresins market, specializing in natural colors, flavors, and fragrances derived from spices and herbs.
  3. Givaudan: Givaudan is a leading player in the global flavor and fragrance industry, offering a range of oleoresins derived from spices, herbs, and other natural sources.
  4. Akay Group: Akay Group is a leading global supplier of oleoresins, essential oils, and natural colors for the food and beverage, pharmaceutical, and cosmetic industries.
  5. Vidya Herbs Pvt. Ltd.: Vidya Herbs is a leading producer of organic and conventional herbal extracts, including oleoresins, for the food and beverage, nutraceutical, and pharmaceutical industries.
  6. Ungerer & Company: Ungerer & Company is a global supplier of natural flavor and fragrance ingredients, including oleoresins, for the food and beverage, personal care, and household industries.
  7. Plant Lipids: Plant Lipids is a leading producer of natural spices and essential oils, including oleoresins, for the food and beverage, pharmaceutical, and cosmetic industries.
  8. Universal Oleoresins: Universal Oleoresins is a leading producer of oleoresins and essential oils, serving the food and beverage, pharmaceutical, and personal care industries.

These key players are constantly innovating and investing in research and development to expand their product offerings and market share in the oleoresins market.

Global Oleoresins Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Oleoresins market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global Oleoresins Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Oleoresins Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Oleoresins
1.3 Oleoresins Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Oleoresins
1.4.2 Applications of Oleoresins
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Silverline Chemicals Ltd (India) Market Performance Analysis
3.1.1 Silverline Chemicals Ltd (India) Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Silverline Chemicals Ltd (India) Sales, Value, Price, Gross Margin 2016-2021
3.2 Qingdao Ruibang Biotechnology Co., Ltd (China) Market Performance Analysis
3.2.1 Qingdao Ruibang Biotechnology Co., Ltd (China) Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Qingdao Ruibang Biotechnology Co., Ltd (China) Sales, Value, Price, Gross Margin 2016-2021
3.3 Shijiazhuang City Bio Technology co., ltd (China) Market Performance Analysis
3.3.1 Shijiazhuang City Bio Technology co., ltd (China) Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Shijiazhuang City Bio Technology co., ltd (China) Sales, Value, Price, Gross Margin 2016-2021
3.4 Adani Pharmachem Private Limited (India) Market Performance Analysis
3.4.1 Adani Pharmachem Private Limited (India) Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Adani Pharmachem Private Limited (India) Sales, Value, Price, Gross Margin 2016-2021
3.5 Kancor Ingredients Limited (India) Market Performance Analysis
3.5.1 Kancor Ingredients Limited (India) Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Kancor Ingredients Limited (India) Sales, Value, Price, Gross Margin 2016-2021
3.6 Oleoresin Company (India) Market Performance Analysis
3.6.1 Oleoresin Company (India) Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Oleoresin Company (India) Sales, Value, Price, Gross Margin 2016-2021
3.7 Agnes Herbs (India) Market Performance Analysis
3.7.1 Agnes Herbs (India) Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Agnes Herbs (India) Sales, Value, Price, Gross Margin 2016-2021
3.8 Jean Gazignaire SA (France) Market Performance Analysis
3.8.1 Jean Gazignaire SA (France) Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Jean Gazignaire SA (France) Sales, Value, Price, Gross Margin 2016-2021
3.9 Ozone Naturals (India) Market Performance Analysis
3.9.1 Ozone Naturals (India) Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Ozone Naturals (India) Sales, Value, Price, Gross Margin 2016-2021
3.10 Plant Lipids (India) Market Performance Analysis
3.10.1 Plant Lipids (India) Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Plant Lipids (India) Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Oleoresins Production and Value by Type
4.1.1 Global Oleoresins Production by Type 2016-2021
4.1.2 Global Oleoresins Market Value by Type 2016-2021
4.2 Global Oleoresins Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Paprika Market Production, Value and Growth Rate
4.2.2 Black Pepper Market Production, Value and Growth Rate
4.2.3 Capsicum Market Production, Value and Growth Rate
4.2.4 Turmeric Market Production, Value and Growth Rate
4.2.5 Ginger Market Production, Value and Growth Rate
4.2.6 Onion Market Production, Value and Growth Rate
4.2.7 Others Market Production, Value and Growth Rate
4.3 Global Oleoresins Production and Value Forecast by Type
4.3.1 Global Oleoresins Production Forecast by Type 2021-2026
4.3.2 Global Oleoresins Market Value Forecast by Type 2021-2026
4.4 Global Oleoresins Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Paprika Market Production, Value and Growth Rate Forecast
4.4.2 Black Pepper Market Production, Value and Growth Rate Forecast
4.4.3 Capsicum Market Production, Value and Growth Rate Forecast
4.4.4 Turmeric Market Production, Value and Growth Rate Forecast
4.4.5 Ginger Market Production, Value and Growth Rate Forecast
4.4.6 Onion Market Production, Value and Growth Rate Forecast
4.4.7 Others Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Oleoresins Consumption and Value by Application
5.1.1 Global Oleoresins Consumption by Application 2016-2021
5.1.2 Global Oleoresins Market Value by Application 2016-2021
5.2 Global Oleoresins Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Food & Beverages Market Consumption, Value and Growth Rate
5.2.2 Pharmaceutical Market Consumption, Value and Growth Rate
5.2.3 Flavoring & Coloring Agent Market Consumption, Value and Growth Rate
5.2.4 Others Market Consumption, Value and Growth Rate
5.3 Global Oleoresins Consumption and Value Forecast by Application
5.3.1 Global Oleoresins Consumption Forecast by Application 2021-2026
5.3.2 Global Oleoresins Market Value Forecast by Application 2021-2026
5.4 Global Oleoresins Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Food & Beverages Market Consumption, Value and Growth Rate Forecast
5.4.2 Pharmaceutical Market Consumption, Value and Growth Rate Forecast
5.4.3 Flavoring & Coloring Agent Market Consumption, Value and Growth Rate Forecast
5.4.4 Others Market Consumption, Value and Growth Rate Forecast

6 Global Oleoresins by Region, Historical Data and Market Forecasts
6.1 Global Oleoresins Sales by Region 2016-2021
6.2 Global Oleoresins Market Value by Region 2016-2021
6.3 Global Oleoresins Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Oleoresins Sales Forecast by Region 2021-2026
6.5 Global Oleoresins Market Value Forecast by Region 2021-2026
6.6 Global Oleoresins Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Oleoresins Value and Market Growth 2016-2021
7.2 United State Oleoresins Sales and Market Growth 2016-2021
7.3 United State Oleoresins Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Oleoresins Value and Market Growth 2016-2021
8.2 Canada Oleoresins Sales and Market Growth 2016-2021
8.3 Canada Oleoresins Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Oleoresins Value and Market Growth 2016-2021
9.2 Germany Oleoresins Sales and Market Growth 2016-2021
9.3 Germany Oleoresins Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Oleoresins Value and Market Growth 2016-2021
10.2 UK Oleoresins Sales and Market Growth 2016-2021
10.3 UK Oleoresins Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Oleoresins Value and Market Growth 2016-2021
11.2 France Oleoresins Sales and Market Growth 2016-2021
11.3 France Oleoresins Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Oleoresins Value and Market Growth 2016-2021
12.2 Italy Oleoresins Sales and Market Growth 2016-2021
12.3 Italy Oleoresins Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Oleoresins Value and Market Growth 2016-2021
13.2 Spain Oleoresins Sales and Market Growth 2016-2021
13.3 Spain Oleoresins Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Oleoresins Value and Market Growth 2016-2021
14.2 Russia Oleoresins Sales and Market Growth 2016-2021
14.3 Russia Oleoresins Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Oleoresins Value and Market Growth 2016-2021
15.2 China Oleoresins Sales and Market Growth 2016-2021
15.3 China Oleoresins Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Oleoresins Value and Market Growth 2016-2021
16.2 Japan Oleoresins Sales and Market Growth 2016-2021
16.3 Japan Oleoresins Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Oleoresins Value and Market Growth 2016-2021
17.2 South Korea Oleoresins Sales and Market Growth 2016-2021
17.3 South Korea Oleoresins Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Oleoresins Value and Market Growth 2016-2021
18.2 Australia Oleoresins Sales and Market Growth 2016-2021
18.3 Australia Oleoresins Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Oleoresins Value and Market Growth 2016-2021
19.2 Thailand Oleoresins Sales and Market Growth 2016-2021
19.3 Thailand Oleoresins Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Oleoresins Value and Market Growth 2016-2021
20.2 Brazil Oleoresins Sales and Market Growth 2016-2021
20.3 Brazil Oleoresins Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Oleoresins Value and Market Growth 2016-2021
21.2 Argentina Oleoresins Sales and Market Growth 2016-2021
21.3 Argentina Oleoresins Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Oleoresins Value and Market Growth 2016-2021
22.2 Chile Oleoresins Sales and Market Growth 2016-2021
22.3 Chile Oleoresins Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Oleoresins Value and Market Growth 2016-2021
23.2 South Africa Oleoresins Sales and Market Growth 2016-2021
23.3 South Africa Oleoresins Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Oleoresins Value and Market Growth 2016-2021
24.2 Egypt Oleoresins Sales and Market Growth 2016-2021
24.3 Egypt Oleoresins Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Oleoresins Value and Market Growth 2016-2021
25.2 UAE Oleoresins Sales and Market Growth 2016-2021
25.3 UAE Oleoresins Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Oleoresins Value and Market Growth 2016-2021
26.2 Saudi Arabia Oleoresins Sales and Market Growth 2016-2021
26.3 Saudi Arabia Oleoresins Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI