Get More Information on Hominy Feed Markett - Request Sample Report
The Hominy Feed Market size was USD 1.27 billion in 2023, is expected to Reach USD 2.29 billion by 2032, and grow at a CAGR of 6.8% over the forecast period of 2024-2032.
Hominy feed is a high-energy, high-protein feed ingredient that is made from the by-products of corn milling. It is a good source of fiber and other nutrients, and it is used to feed a variety of livestock animals, including cattle, pigs, sheep, poultry, and fish.
Based on Type, the conventional hominy feed segment is the major segment, accounting for the majority of the global market share of 65% in 2022. This growth is due to the fact that conventional hominy feed is more affordable and widely available than organic hominy feed.
Based on Application, the livestock/animal feed segment is the major segment by end-users, accounting for the majority of the global market share of 85%. This growth is due to the fact that hominy feed is a major ingredient in livestock feed. Pet food manufacturers are also a major segment among end-users. Hominy feed is a good source of protein and fiber, making it a suitable ingredient for pet food.
KEY DRIVERS
Increasing demand for poultry and livestock products
High-energy hominy feed is a staple in the production of poultry and cattle. One of the world's fastest-growing meat industries is poultry. This is brought on by a variety of causes, including urbanization, changing food preferences, and increased incomes. The rising demand for hominy feed rises in tandem with the demand for poultry meat. The demand for meat, milk, and eggs is rising, which indirectly drives the livestock industry. Due to urbanization and rising wages, the demand for poultry and animal products is expanding quickly in Southeast Asia. Due to the increased production of these animals, a consistent supply of hominy feed is needed.
RESTRAIN
Availability of raw materials
Corn is a major component used to make hominy feed. Hominy feed costs and supplies might fluctuate depending on prices and supply of corn. Corn prices can change due to a variety of factors such as weather, crop output, and global demand. The cost of production of hominy feed may increase when maize prices are high. This may decrease the demand for hominy feed and have an adverse effect on the profitability of hominy feed producers.
OPPORTUNITY
Expansion into new markets
Hominy feed producers are growing into new Asian markets such as China, India, and Vietnam. These markets are rapidly expanding, and there is a high need for hominy feed. Hominy feed producers are growing into new African markets like as Ethiopia, Nigeria, and Kenya. These markets are likewise quickly expanding, and there is a high need for hominy feed. Consumers in emerging markets are becoming more affluent as their earnings rise. This is increasing demand for meat and other animal products. This is increasing the demand for hominy feed.
Development of new products and applications
CHALLENGES
Competition from other feed types
Other feeds, such as corn gluten meal, soybean meal, and canola meal, are frequently regarded as more nutritional and efficient than hominy feed. This can make them more appealing to livestock producers who want to make the most of their feed investments. Furthermore, different feed kinds are frequently less expensive than hominy feed. This is due to the fact that they are created from more plentiful and less expensive raw materials. This may make them more appealing to livestock farmers on a restricted budget. The hominy feed market is being hampered by competition from other feed kinds.
Stringent regulatory
The war between Russia and Ukraine has had a severe influence on the hominy feed companies. Hominy feed is a by-product of maize milling, and Russia and Ukraine are significant corn producers. Ukraine is fourth in global corn exports, accounting for 14% of total global corn exports. It produces 45 million tonnes of corn, about 80% of which is exported, accounting for 14% of world corn exports, while India is a major grain importer. Furthermore, the Russian livestock and feed industry's growth is likely to be limited by a lack of imported genetics, vaccinations, and, most importantly, equipment. Russian enterprises rely on European firms. The decrease in corn supply reduced the impact of hominy feed.
According to a recent International Grains Council estimate, corn prices have increased by more than 30% since the start of the war. This has increased the cost of hominy feed for livestock producers. Also, hominy feed prices have risen by more than 20%. This could lead to a drop in demand for animal products, which in turn could lead to a drop in demand for hominy feed. Feed materials such as corn gluten meal and soybean meal are frequently less expensive than hominy feed. The demand for hominy feed may also be impacted by governmental policy, like as taxes on imported feed ingredients.
By Type
Organic
Conventional
By Form
Whole Hominy
Crushed Hominy
By Distribution Channel
Direct Sales
Indirect Sales
By End-user
Livestock / Animal Feed
Pet Food Manufactures
Ethanol Production
Others
North America will account for more than 35% of the hominy feed market in 2022. The rising demand for safe and nutritious feedstock for animals and poultry is driving the expansion. The region has a big livestock population, and farmers are becoming more aware of the benefits of employing hominy feed in animal diets. Furthermore, the presence of a large number of significant market competitors in the region is helping to the market's growth.
Asia Pacific will account for more than 27% of the hominy feed market in 2022. The increase is attributable to the region's high demand for dairy products. Dairy product consumption is expanding, creating a strong demand for nutritious and healthy feedstock of dairy cattle. Furthermore, the region's expanding poultry industry is fuelling demand for hominy feed.
Europe is the emerging market for hominy feed, with a market share of more than 16% in 2022. The market is being driven by rising consumer awareness of the benefits of employing hominy feed in animal diets. Furthermore, the presence of a large number of significant market competitors in the region is helping the market's growth.
Need any customization research on Hominy Feed Market - Enquiry Now
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Hominy Feed Market are Cargill, Archer Daniels Midland Company, Ingredion Incorporated, Associated British Foods, PV Sons Corn Milling, Sharifa Agrotech and Food Processing, Semo Milling, ABST Group, Commodity Specialists Company, Bunge North America, Shandong Mingyue Foodstuffs, Phyto Planet, Dexterous Product Private Limited, LaBuddhe Group, and other key players.
In 2023, Diamond V Mills was purchased by Land O'Lakes for an undisclosed sum. Land O'Lakes now has a significant presence in the feed additive sector, which includes hominy feed additives.
In 2022, Cargill purchased Purina Animal Nutrition with an amount of USD 4.4 billion. Cargill gained a significant position in the animal feed business, especially hominy feed, as a result of this transaction. Purina Animal Nutrition's acquisition of Cargill gave it access to Purina's enormous hominy feed manufacturing and distribution network.
| Report Attributes | Details |
| Market Size in 2023 | USD 1.19 Billion |
| Market Size by 2032 | USD 2.29 Billion |
| CAGR | CAGR of 6.8 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Organic, Conventional) • By Form (Whole Hominy, Crushed Hominy) • By Distribution Channel (Direct Sales, Indirect Sales) • By End-user (Livestock / Animal Feed, Pet Food Manufactures, Ethanol Production, and Others) |
| 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 | Cargill, Archer Daniels Midland Company, Ingredion Incorporated, Associated British Foods, PV Sons Corn Milling, Sharifa Agrotech and Food Processing, Semo Milling, ABST Group, Commodity Specialists Company, Bunge North America, Shandong Mingyue Foodstuffs, Phyto Planet, Dexterous Product Private Limited, LaBuddhe Group |
| Key Drivers | • Increasing demand for poultry and livestock products |
| Market Restrain | • Availability of raw materials |
Ans: Hominy Feed Market is anticipated to expand by 6.8% from 2024 to 2032.
Ans: USD 2.29 billion is expected to grow by 2032.
Ans:Increasing demand for poultry and livestock products
Ans: Competition from other feed types
Ans: North America is dominating the Hominy Feed Market in 2022.
TABLE OF CONTENT
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. Hominy Feed Market Segmentation, by Type
8.1 Organic
8.2 Conventional
9. Hominy Feed Market Segmentation, by Form
9.1 Whole Hominy
9.2 Crushed Hominy
10. Hominy Feed Market Segmentation, by Distribution Channel
10.1 Direct Sales
10.2 Indirect Sales
11. Hominy Feed Market Segmentation, by End User
11.1 Livestock / Animal Feed
11.2 Pet Food Manufactures
11.3 Ethanol Production
11.4 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Hominy Feed Market by Country
12.2.2 North America Hominy Feed Market by Type
12.2.3 North America Hominy Feed Market by Form
12.2.4 North America Hominy Feed Market by Distribution Channel
12.2.5 North America Hominy Feed Market by End User
12.2.6 USA
12.2.6.1 USA Hominy Feed Market by Type
12.2.6.2 USA Hominy Feed Market by Form
12.2.6.3 USA Hominy Feed Market by Distribution Channel
12.2.6.4 USA Hominy Feed Market by End User
12.2.7 Canada
12.2.7.1 Canada Hominy Feed Market by Type
12.2.7.2 Canada Hominy Feed Market by Form
12.2.7.3 Canada Hominy Feed Market by Distribution Channel
12.2.7.4 Canada Hominy Feed Market by End User
12.2.8 Mexico
12.2.8.1 Mexico Hominy Feed Market by Type
12.2.8.2 Mexico Hominy Feed Market by Form
12.2.8.3 Mexico Hominy Feed Market by Distribution Channel
12.2.8.4 Mexico Hominy Feed Market by End User
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Hominy Feed Market by Country
12.3.1.2 Eastern Europe Hominy Feed Market by Type
12.3.1.3 Eastern Europe Hominy Feed Market by Form
12.3.1.4 Eastern Europe Hominy Feed Market by Distribution Channel
12.3.1.5 Eastern Europe Hominy Feed Market by End User
12.3.1.6 Poland
12.3.1.6.1 Poland Hominy Feed Market by Type
12.3.1.6.2 Poland Hominy Feed Market by Form
12.3.1.6.3 Poland Hominy Feed Market by Distribution Channel
12.3.1.6.4 Poland Hominy Feed Market by End User
12.3.1.7 Romania
12.3.1.7.1 Romania Hominy Feed Market by Type
12.3.1.7.2 Romania Hominy Feed Market by Form
12.3.1.7.3 Romania Hominy Feed Market by Distribution Channel
12.3.1.7.4 Romania Hominy Feed Market by End User
12.3.1.8 Hungary
12.3.1.8.1 Hungary Hominy Feed Market by Type
12.3.1.8.2 Hungary Hominy Feed Market by Form
12.3.1.8.3 Hungary Hominy Feed Market by Distribution Channel
12.3.1.8.4 Hungary Hominy Feed Market by End User
12.3.1.9 Turkey
12.3.1.9.1 Turkey Hominy Feed Market by Type
12.3.1.9.2 Turkey Hominy Feed Market by Form
12.3.1.9.3 Turkey Hominy Feed Market by Distribution Channel
12.3.1.9.4 Turkey Hominy Feed Market by End User
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Hominy Feed Market by Type
12.3.1.10.2 Rest of Eastern Europe Hominy Feed Market by Form
12.3.1.10.3 Rest of Eastern Europe Hominy Feed Market by Distribution Channel
12.3.1.10.4 Rest of Eastern Europe Hominy Feed Market by End User
12.3.2 Western Europe
12.3.2.1 Western Europe Hominy Feed Market by Country
12.3.2.2 Western Europe Hominy Feed Market by Type
12.3.2.3 Western Europe Hominy Feed Market by Form
12.3.2.4 Western Europe Hominy Feed Market by Distribution Channel
12.3.2.5 Western Europe Hominy Feed Market by End User
12.3.2.6 Germany
12.3.2.6.1 Germany Hominy Feed Market by Type
12.3.2.6.2 Germany Hominy Feed Market by Form
12.3.2.6.3 Germany Hominy Feed Market by Distribution Channel
12.3.2.6.4 Germany Hominy Feed Market by End User
12.3.2.7 France
12.3.2.7.1 France Hominy Feed Market by Type
12.3.2.7.2 France Hominy Feed Market by Form
12.3.2.7.3 France Hominy Feed Market by Distribution Channel
12.3.2.7.4 France Hominy Feed Market by End User
12.3.2.8 UK
12.3.2.8.1 UK Hominy Feed Market by Type
12.3.2.8.2 UK Hominy Feed Market by Form
12.3.2.8.3 UK Hominy Feed Market by Distribution Channel
12.3.2.8.4 UK Hominy Feed Market by End User
12.3.2.9 Italy
12.3.2.9.1 Italy Hominy Feed Market by Type
12.3.2.9.2 Italy Hominy Feed Market by Form
12.3.2.9.3 Italy Hominy Feed Market by Distribution Channel
12.3.2.9.4 Italy Hominy Feed Market by End User
12.3.2.10 Spain
12.3.2.10.1 Spain Hominy Feed Market by Type
12.3.2.10.2 Spain Hominy Feed Market by Form
12.3.2.10.3 Spain Hominy Feed Market by Distribution Channel
12.3.2.10.4 Spain Hominy Feed Market by End User
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Hominy Feed Market by Type
12.3.2.11.2 Netherlands Hominy Feed Market by Form
12.3.2.11.3 Netherlands Hominy Feed Market by Distribution Channel
12.3.2.11.4 Netherlands Hominy Feed Market by End User
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Hominy Feed Market by Type
12.3.2.12.2 Switzerland Hominy Feed Market by Form
12.3.2.12.3 Switzerland Hominy Feed Market by Distribution Channel
12.3.2.12.4 Switzerland Hominy Feed Market by End User
12.3.2.13 Austria
12.3.2.13.1 Austria Hominy Feed Market by Type
12.3.2.13.2 Austria Hominy Feed Market by Form
12.3.2.13.3 Austria Hominy Feed Market by Distribution Channel
12.3.2.13.4 Austria Hominy Feed Market by End User
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Hominy Feed Market by Type
12.3.2.14.2 Rest of Western Europe Hominy Feed Market by Form
12.3.2.14.3 Rest of Western Europe Hominy Feed Market by Distribution Channel
12.3.2.14.4 Rest of Western Europe Hominy Feed Market by End User
12.4 Asia-Pacific
12.4.1 Asia Pacific Hominy Feed Market by Country
12.4.2 Asia Pacific Hominy Feed Market by Type
12.4.3 Asia Pacific Hominy Feed Market by Form
12.4.4 Asia Pacific Hominy Feed Market by Distribution Channel
12.4.5 Asia Pacific Hominy Feed Market by End User
12.4.6 China
12.4.6.1 China Hominy Feed Market by Type
12.4.6.2 China Hominy Feed Market by Form
12.4.6.3 China Hominy Feed Market by Distribution Channel
12.4.6.4 China Hominy Feed Market by End User
12.4.7 India
12.4.7.1 India Hominy Feed Market by Type
12.4.7.2 India Hominy Feed Market by Form
12.4.7.3 India Hominy Feed Market by Distribution Channel
12.4.7.4 India Hominy Feed Market by End User
12.4.8 Japan
12.4.8.1 Japan Hominy Feed Market by Type
12.4.8.2 Japan Hominy Feed Market by Form
12.4.8.3 Japan Hominy Feed Market by Distribution Channel
12.4.8.4 Japan Hominy Feed Market by End User
12.4.9 South Korea
12.4.9.1 South Korea Hominy Feed Market by Type
12.4.9.2 South Korea Hominy Feed Market by Form
12.4.9.3 South Korea Hominy Feed Market by Distribution Channel
12.4.9.4 South Korea Hominy Feed Market by End User
12.4.10 Vietnam
12.4.10.1 Vietnam Hominy Feed Market by Type
12.4.10.2 Vietnam Hominy Feed Market by Form
12.4.10.3 Vietnam Hominy Feed Market by Distribution Channel
12.4.10.4 Vietnam Hominy Feed Market by End User
12.4.11 Singapore
12.4.11.1 Singapore Hominy Feed Market by Type
12.4.11.2 Singapore Hominy Feed Market by Form
12.4.11.3 Singapore Hominy Feed Market by Distribution Channel
12.4.11.4 Singapore Hominy Feed Market by End User
12.4.12 Australia
12.4.12.1 Australia Hominy Feed Market by Type
12.4.12.2 Australia Hominy Feed Market by Form
12.4.12.3 Australia Hominy Feed Market by Distribution Channel
12.4.12.4 Australia Hominy Feed Market by End User
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Hominy Feed Market by Type
12.4.13.2 Rest of Asia-Pacific Hominy Feed Market by Form
12.4.13.3 Rest of Asia-Pacific Hominy Feed Market by Distribution Channel
12.4.13.4 Rest of Asia-Pacific Hominy Feed Market by End User
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Hominy Feed Market by country
12.5.1.2 Middle East Hominy Feed Market by Type
12.5.1.3 Middle East Hominy Feed Market by Form
12.5.1.4 Middle East Hominy Feed Market by Distribution Channel
12.5.1.5 Middle East Hominy Feed Market by End User
12.5.1.6 UAE
12.5.1.6.1 UAE Hominy Feed Market by Type
12.5.1.6.2 UAE Hominy Feed Market by Form
12.5.1.6.3 UAE Hominy Feed Market by Distribution Channel
12.5.1.6.4 UAE Hominy Feed Market by End User
12.5.1.7 Egypt
12.5.1.7.1 Egypt Hominy Feed Market by Type
12.5.1.7.2 Egypt Hominy Feed Market by Form
12.5.1.7.3 Egypt Hominy Feed Market by Distribution Channel
12.5.1.7.4 Egypt Hominy Feed Market by End User
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Hominy Feed Market by Type
12.5.1.8.2 Saudi Arabia Hominy Feed Market by Form
12.5.1.8.3 Saudi Arabia Hominy Feed Market by Distribution Channel
12.5.1.8.4 Saudi Arabia Hominy Feed Market by End User
12.5.1.9 Qatar
12.5.1.9.1 Qatar Hominy Feed Market by Type
12.5.1.9.2 Qatar Hominy Feed Market by Form
12.5.1.9.3 Qatar Hominy Feed Market by Distribution Channel
12.5.1.9.4 Qatar Hominy Feed Market by End User
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Hominy Feed Market by Type
12.5.1.10.2 Rest of Middle East Hominy Feed Market by Form
12.5.1.10.3 Rest of Middle East Hominy Feed Market by Distribution Channel
12.5.1.10.4 Rest of Middle East Hominy Feed Market by End User
12.5.2. Africa
12.5.2.1 Africa Hominy Feed Market by country
12.5.2.2 Africa Hominy Feed Market by Type
12.5.2.3 Africa Hominy Feed Market by Form
12.5.2.4 Africa Hominy Feed Market by Distribution Channel
12.5.2.5 Africa Hominy Feed Market by End User
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Hominy Feed Market by Type
12.5.2.6.2 Nigeria Hominy Feed Market by Form
12.5.2.6.3 Nigeria Hominy Feed Market by Distribution Channel
12.5.2.6.4 Nigeria Hominy Feed Market by End User
12.5.2.7 South Africa
12.5.2.7.1 South Africa Hominy Feed Market by Type
12.5.2.7.2 South Africa Hominy Feed Market by Form
12.5.2.7.3 South Africa Hominy Feed Market by Distribution Channel
12.5.2.7.4 South Africa Hominy Feed Market by End User
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Hominy Feed Market by Type
12.5.2.8.2 Rest of Africa Hominy Feed Market by Form
12.5.2.8.3 Rest of Africa Hominy Feed Market by Distribution Channel
12.5.2.8.4 Rest of Africa Hominy Feed Market by End User
12.6. Latin America
12.6.1 Latin America Hominy Feed Market by country
12.6.2 Latin America Hominy Feed Market by Type
12.6.3 Latin America Hominy Feed Market by Form
12.6.4 Latin America Hominy Feed Market by Distribution Channel
12.6.5 Latin America Hominy Feed Market by End User
12.6.6 Brazil
12.6.6.1 Brazil Hominy Feed Market by Type
12.6.6.2 Brazil Hominy Feed Market by Form
12.6.6.3 Brazil Hominy Feed Market by Distribution Channel
12.6.6.4 Brazil Hominy Feed Market by End User
12.6.7 Argentina
12.6.7.1 Argentina Hominy Feed Market by Type
12.6.7.2 Argentina Hominy Feed Market by Form
12.6.7.3 Argentina Hominy Feed Market by Distribution Channel
12.6.7.4 Argentina Hominy Feed Market by End User
12.6.8 Colombia
12.6.8.1 Colombia Hominy Feed Market by Type
12.6.8.2 Colombia Hominy Feed Market by Form
12.6.8.3 Colombia Hominy Feed Market by Distribution Channel
12.6.8.4 Colombia Hominy Feed Market by End User
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Hominy Feed Market by Type
12.6.9.2 Rest of Latin America Hominy Feed Market by Form
12.6.9.3 Rest of Latin America Hominy Feed Market by Distribution Channel
12.6.9.4 Rest of Latin America Hominy Feed Market by End User
13. Company Profile
13.1 PV Sons Corn Milling
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Sharifa Agrotech and Food Processing
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Commodity Specialists Company
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 ABST Group
13.4 Company Overview
13.4.2 Financials
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Semo Milling
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Bunge North America
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Shandong Mingyue Foodstuffs
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Phyto Planet
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 LaBuddhe Group
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Cargill
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Archer Daniels Midland Company
13.11.1 Company Overview
13.11.2 Financials
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 Ingredion Incorporated
13.12.1 Company Overview
13.12.2 Financials
13.12.3 Products/ Services Offered
13.12.4 SWOT Analysis
13.12.5 The SNS View
13.13 Associated British Foods
13.13.1 Company Overview
13.13.2 Financials
13.13.3 Products/ Services Offered
13.13.4 SWOT Analysis
13.13.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. 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.
Prebiotics Market Size was esteemed at USD 6.71 billion out of 2022 and is supposed to arrive at USD 20.89 billion by 2030 and develop at a CAGR of 15.24% over the forecast period 2023-2030.
The Frangipani Extract Market size was USD 33.9 million in 2022 and is expected to Reach USD 49.3 million by 2030 and grow at a CAGR of 4.8% over the forecast period of 2023-2030.
Potato Chips & Crisps Market Size was valued at USD 38.46 billion in 2022 and is expected to reach USD 55.96 billion by 2030, and grow at a CAGR of 4.8% over the forecast period 2023-2030.
The Eubiotics Market is projected to develop from USD 4.68 billion in 2022 and arrive at USD 8.83 billion by 2030 with a CAGR of 8.25% from 2023 to 2030.
The Organic Chocolate Spreads Market Size was esteemed at USD 592.27 billion out of 2022 and is supposed to arrive at USD 894.48 billion by 2030 and develop at a CAGR of 5.2% over the forecast period 2023-2030.
The Apple Cider Vinegar Market size was valued at USD 873.91 million in 2023 and is expected to grow to USD 1384.92 million by 2032 with a growing CAGR of 5.78% over the forecast period of 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
