The Marigold Oleoresin Market size was USD 64.9 million in 2022 and is expected to Reach USD 115.7 million by 2030 and grow at a CAGR of 7.5% over the forecast period of 2023-2030.
Marigold oleoresin is a semi-solid extract of marigold flowers high in lutein and zeaxanthin, two carotenoids beneficial to eye health. Antioxidants, which can help guard the body against harm from free radicals, are also abundant in marigold oleoresin.
Solvent extraction is the more traditional method of extraction, which includes dissolving the required chemicals from the marigold flowers in a solvent such as ethanol or hexane. The solvent is subsequently removed, leaving the marigold oleoresin behind. Supercritical fluid extraction is a modern method of extracting the necessary chemicals from marigold flowers by using a supercritical fluid, such as carbon dioxide.
Based on end users, the food & beverage industry segment is considered the largest market for marigold oleoresin, accounting for over 40% of the global marigold oleoresin market in 2022. This growth is due to its increasing use as a natural coloring component in various foods. Marigold oleoresin is utilized in various pharmaceutical products to support eye health, such as eye drops and supplements. Its antioxidant and anti-inflammatory effects make it popular in cosmetics.
KEY DRIVERS
The health benefits of marigold oleoresin
Marigold oleoresin is a pure extract of the marigold flower with numerous possible health benefits. The marigold oleoresin contains lutein and zeaxanthin, two carotenoids that are important for eye health. These carotenoids aid in the prevention of age-related macular degeneration and cataracts. Marigold oleoresin has anti-inflammatory and antibacterial properties, making it useful for treating a wide range of skin disorders. The marigold oleoresin contains antiviral and antibacterial characteristics that can help the immune system fight infection. Marigold oleoresin is used in a number of food and beverage goods, as well as cosmetics and personal care products, in addition to its health advantages.
RESTRAIN
Limited availability of raw materials
Marigold flowers require specific climatic conditions to be grown, limiting the areas where they can be grown. This might result in supply restrictions and increased costs for market participants. A major difficulty for the marigold oleoresin market is the scarcity of raw resources.
OPPORTUNITY
Rising application in various end-user industries
Marigold oleoresin is used in a variety of industries, including food and beverage, cosmetics, and pharmaceuticals. In the food and beverage industry, marigold oleoresin is used as a natural coloring agent and flavor enhancer. In the cosmetics industry, marigold oleoresin is used in skincare and haircare products for its anti-inflammatory and antioxidant properties. In the pharmaceutical industry, marigold oleoresin is used in wound healing and anti-inflammatory products.
Expansion of Marigold oleoresin into untapped markets
CHALLENGES
Fluctuation of raw materials
Marigold oleoresin is extracted from the marigold flower, which is an agricultural crop. The price of the marigold flower can fluctuate depending on a variety of factors, such as weather conditions, crop yields, and demand from other industries. Fluctuations in the price of raw materials can make it difficult for marigold oleoresin manufacturers to maintain consistent profit margins. It can also make it difficult to plan for future production and sales. In addition to fluctuations in the price of marigold flowers, manufacturers of marigold oleoresin also face fluctuations in the prices of other raw materials, such as solvents and packaging materials. These fluctuations can also have a negative impact on the profitability of the market.
Russia and Ukraine are producers of marigold flowers, which are the primary raw material for marigold oleoresin. The war has disrupted the supply of marigold flowers from these countries, leading to increased costs for marigold oleoresin manufacturers. Marigold oleoresin manufacturers are sourcing raw materials from alternative suppliers, such as India, China, and Egypt. This is helping to reduce their reliance on Russia and Ukraine. Oleoresin manufacturers are passing on some of the higher costs of raw materials to their customers. Oleoresin manufacturers are investing in R&D to develop new products and applications for oleoresins. This is helping to expand the market and reduce the reliance on traditional applications.
The recession has impacted the marigold oleoresins market. Marigold oleoresin manufacturers may reduce output in order to satisfy lower demand. This will aid in avoiding excess inventory and price decreases. Marigold oleoresin manufacturers may concentrate on developing and marketing high-margin goods. This will assist to counteract the overall drop in demand. Marigold oleoresin manufacturers may enter new markets, such as developing countries. This will assist to compensate for the drop in demand in mature markets.
By Nature
Organic
Conventional
By Extraction Method
Solvent Extraction
Supercritical Fluid Extraction (SFE)
By Distribution Channel
Supermarkets/Hypermarkets
Speciality Stores
Online Sales
Others
By End User
Pharmaceuticals
Food & Beverage Industry
Cosmetics
Animal Feed
Europe dominates the global marigold oleoresins market, followed by Asia-Pacific. The market for marigold oleoresins in Europe is being driven by the rising preference for natural ingredients and extracts used in the manufacturing of a wide variety of culinary products. In this region, making marigold oleoresins is significantly more profitable than just making raw materials.
Asia-Pacific region is a significant contributor to the oleoresins market, with a CAGR of more than 6% from 2023 to 2030. The increase is due to the region's growing preference for natural ingredients. A variety of spices are preferred in meat and vegetable recipes in nations like China and India. As a result, there is a significant need for spice oils in this area. In addition, rising per capita disposable income and a growing population are a couple of the main factors propelling the marigold oleoresins market in this area.
North America is the largest market for marigold oleoresin, accounting for over 6.8% of the global market share in 2022. The U.S. is estimated to account for a share of approximately 82.5% of this region. Increasing demand from the growing food processing and pharmaceutical industries is also anticipated in this region. Additionally, the market expansion for marigold oleoresin during the anticipated period has been driven by a shift in customer preferences toward healthy alternatives.
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 Marigold Oleoresin Market are AVT Natural Products, Aturex Nutritionals, Bolise Co. Ltd, DeYuan Bio-Tech Co. Ltd, Olive Lifesciences, Ozone Naturals, Xiamen Boten Biological Technology Co., Ltd, Maker Group, Zhongjin Natural Pigment Co. Ltd, Plant Lipids, Chenguang Biotech Group Co. Ltd., and other key players.
Aturex Nutritionals-Company Financial Analysis
Ozone Natural Pvt. Ltd. has achieved various kinds of quality certifications to improve the global adaptability of its products. It has, for example, obtained FSSAI, organic, HALAL, and ISO certifications from globally recognized certifying bodies.
Report Attributes | Details |
Market Size in 2022 | US$ 64.9 Million |
Market Size by 2030 | US$ 115.7 Million |
CAGR | CAGR of 7.5 % From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2019-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Nature (Organic, Conventional) • By Extraction Method (Solvent Extraction, Supercritical Fluid Extraction) • By Distribution Channel (Supermarkets/Hypermarkets, Speciality Stores, Online Sales, Others) • By End User (Food & Beverage Industry, Pharmaceuticals, Cosmetics, and Animal Feed) |
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 | AVT Natural Products, Aturex Nutritionals, Bolise Co. Ltd, DeYuan Bio-Tech Co. Ltd, Olive Lifesciences, Ozone Naturals, Xiamen Boten Biological Technology Co., Ltd, Maker Group, Zhongjin Natural Pigment Co. Ltd, Plant Lipids, Chenguang Biotech Group Co. Ltd. |
Key Drivers | • The health benefits of marigold oleoresin |
Market Challenges | • Fluctuation of raw materials |
Ans: The health benefits of marigold oleoresin are the drivers of the Marigold Oleoresin Market.
Ans: Marigold Oleoresin Market is anticipated to expand by 7.5% from 2023 to 2030.
Ans: USD 115.7 million is expected to grow by 2030.
Ans: Europe region dominates the Marigold Oleoresin Market in 2022.
Ans: Limited availability of raw materials is the restraints of the Marigold Oleoresin Market.
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. Marigold Oleoresin Market Segmentation, by Nature
8.1 Organic
8.2 Conventional
9. Marigold Oleoresin Market Segmentation, by Extraction Method
9.1 Solvent Extraction
9.2 Supercritical Fluid Extraction (SFE)
10. Marigold Oleoresin Market Segmentation, by Distribution Channel
10.1 Supermarkets/Hypermarkets
10.2 Speciality Stores
10.3 Online Sales
10.4 Others
11. Marigold Oleoresin Market Segmentation, by End User
11.1 Pharmaceuticals
11.2 Food & Beverage Industry
11.3 Cosmetics
11.4 Animal Feed
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Marigold Oleoresin Market by Country
12.2.2 North America Marigold Oleoresin Market by Nature
12.2.3 North America Marigold Oleoresin Market by Extraction Method
12.2.4 North America Marigold Oleoresin Market by Distribution Channel
12.2.5 North America Marigold Oleoresin Market by End User
12.2.6 USA
12.2.6.1 USA Marigold Oleoresin Market by Nature
12.2.6.2 USA Marigold Oleoresin Market by Extraction Method
12.2.6.3 USA Marigold Oleoresin Market by Distribution Channel
12.2.6.4 USA Marigold Oleoresin Market by End User
12.2.7 Canada
12.2.7.1 Canada Marigold Oleoresin Market by Nature
12.2.7.2 Canada Marigold Oleoresin Market by Extraction Method
12.2.7.3 Canada Marigold Oleoresin Market by Distribution Channel
12.2.7.4 Canada Marigold Oleoresin Market by End User
12.2.8 Mexico
12.2.8.1 Mexico Marigold Oleoresin Market by Nature
12.2.8.2 Mexico Marigold Oleoresin Market by Extraction Method
12.2.8.3 Mexico Marigold Oleoresin Market by Distribution Channel
12.2.8.4 Mexico Marigold Oleoresin Market by End User
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Marigold Oleoresin Market by Country
12.3.1.2 Eastern Europe Marigold Oleoresin Market by Nature
12.3.1.3 Eastern Europe Marigold Oleoresin Market by Extraction Method
12.3.1.4 Eastern Europe Marigold Oleoresin Market by Distribution Channel
12.3.1.5 Eastern Europe Marigold Oleoresin Market by End User
12.3.1.6 Poland
12.3.1.6.1 Poland Marigold Oleoresin Market by Nature
12.3.1.6.2 Poland Marigold Oleoresin Market by Extraction Method
12.3.1.6.3 Poland Marigold Oleoresin Market by Distribution Channel
12.3.1.6.4 Poland Marigold Oleoresin Market by End User
12.3.1.7 Romania
12.3.1.7.1 Romania Marigold Oleoresin Market by Nature
12.3.1.7.2 Romania Marigold Oleoresin Market by Extraction Method
12.3.1.7.3 Romania Marigold Oleoresin Market by Distribution Channel
12.3.1.7.4 Romania Marigold Oleoresin Market by End User
12.3.1.8 Hungary
12.3.1.8.1 Hungary Marigold Oleoresin Market by Nature
12.3.1.8.2 Hungary Marigold Oleoresin Market by Extraction Method
12.3.1.8.3 Hungary Marigold Oleoresin Market by Distribution Channel
12.3.1.8.4 Hungary Marigold Oleoresin Market by End User
12.3.1.9 Turkey
12.3.1.9.1 Turkey Marigold Oleoresin Market by Nature
12.3.1.9.2 Turkey Marigold Oleoresin Market by Extraction Method
12.3.1.9.3 Turkey Marigold Oleoresin Market by Distribution Channel
12.3.1.9.4 Turkey Marigold Oleoresin Market by End User
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Marigold Oleoresin Market by Nature
12.3.1.10.2 Rest of Eastern Europe Marigold Oleoresin Market by Extraction Method
12.3.1.10.3 Rest of Eastern Europe Marigold Oleoresin Market by Distribution Channel
12.3.1.10.4 Rest of Eastern Europe Marigold Oleoresin Market by End User
12.3.2 Western Europe
12.3.2.1 Western Europe Marigold Oleoresin Market by Country
12.3.2.2 Western Europe Marigold Oleoresin Market by Nature
12.3.2.3 Western Europe Marigold Oleoresin Market by Extraction Method
12.3.2.4 Western Europe Marigold Oleoresin Market by Distribution Channel
12.3.2.5 Western Europe Marigold Oleoresin Market by End User
12.3.2.6 Germany
12.3.2.6.1 Germany Marigold Oleoresin Market by Nature
12.3.2.6.2 Germany Marigold Oleoresin Market by Extraction Method
12.3.2.6.3 Germany Marigold Oleoresin Market by Distribution Channel
12.3.2.6.4 Germany Marigold Oleoresin Market by End User
12.3.2.7 France
12.3.2.7.1 France Marigold Oleoresin Market by Nature
12.3.2.7.2 France Marigold Oleoresin Market by Extraction Method
12.3.2.7.3 France Marigold Oleoresin Market by Distribution Channel
12.3.2.7.4 France Marigold Oleoresin Market by End User
12.3.2.8 UK
12.3.2.8.1 UK Marigold Oleoresin Market by Nature
12.3.2.8.2 UK Marigold Oleoresin Market by Extraction Method
12.3.2.8.3 UK Marigold Oleoresin Market by Distribution Channel
12.3.2.8.4 UK Marigold Oleoresin Market by End User
12.3.2.9 Italy
12.3.2.9.1 Italy Marigold Oleoresin Market by Nature
12.3.2.9.2 Italy Marigold Oleoresin Market by Extraction Method
12.3.2.9.3 Italy Marigold Oleoresin Market by Distribution Channel
12.3.2.9.4 Italy Marigold Oleoresin Market by End User
12.3.2.10 Spain
12.3.2.10.1 Spain Marigold Oleoresin Market by Nature
12.3.2.10.2 Spain Marigold Oleoresin Market by Extraction Method
12.3.2.10.3 Spain Marigold Oleoresin Market by Distribution Channel
12.3.2.10.4 Spain Marigold Oleoresin Market by End User
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Marigold Oleoresin Market by Nature
12.3.2.11.2 Netherlands Marigold Oleoresin Market by Extraction Method
12.3.2.11.3 Netherlands Marigold Oleoresin Market by Distribution Channel
12.3.2.11.4 Netherlands Marigold Oleoresin Market by End User
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Marigold Oleoresin Market by Nature
12.3.2.12.2 Switzerland Marigold Oleoresin Market by Extraction Method
12.3.2.12.3 Switzerland Marigold Oleoresin Market by Distribution Channel
12.3.2.12.4 Switzerland Marigold Oleoresin Market by End User
12.3.2.13 Austria
12.3.2.13.1 Austria Marigold Oleoresin Market by Nature
12.3.2.13.2 Austria Marigold Oleoresin Market by Extraction Method
12.3.2.13.3 Austria Marigold Oleoresin Market by Distribution Channel
12.3.2.13.4 Austria Marigold Oleoresin Market by End User
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Marigold Oleoresin Market by Nature
12.3.2.14.2 Rest of Western Europe Marigold Oleoresin Market by Extraction Method
12.3.2.14.3 Rest of Western Europe Marigold Oleoresin Market by Distribution Channel
12.3.2.14.4 Rest of Western Europe Marigold Oleoresin Market by End User
12.4 Asia-Pacific
12.4.1 Asia Pacific Marigold Oleoresin Market by Country
12.4.2 Asia Pacific Marigold Oleoresin Market by Nature
12.4.3 Asia Pacific Marigold Oleoresin Market by Extraction Method
12.4.4 Asia Pacific Marigold Oleoresin Market by Distribution Channel
12.4.5 Asia Pacific Marigold Oleoresin Market by End User
12.4.6 China
12.4.6.1 China Marigold Oleoresin Market by Nature
12.4.6.2 China Marigold Oleoresin Market by Extraction Method
12.4.6.3 China Marigold Oleoresin Market by Distribution Channel
12.4.6.4 China Marigold Oleoresin Market by End User
12.4.7 India
12.4.7.1 India Marigold Oleoresin Market by Nature
12.4.7.2 India Marigold Oleoresin Market by Extraction Method
12.4.7.3 India Marigold Oleoresin Market by Distribution Channel
12.4.7.4 India Marigold Oleoresin Market by End User
12.4.8 Japan
12.4.8.1 Japan Marigold Oleoresin Market by Nature
12.4.8.2 Japan Marigold Oleoresin Market by Extraction Method
12.4.8.3 Japan Marigold Oleoresin Market by Distribution Channel
12.4.8.4 Japan Marigold Oleoresin Market by End User
12.4.9 South Korea
12.4.9.1 South Korea Marigold Oleoresin Market by Nature
12.4.9.2 South Korea Marigold Oleoresin Market by Extraction Method
12.4.9.3 South Korea Marigold Oleoresin Market by Distribution Channel
12.4.9.4 South Korea Marigold Oleoresin Market by End User
12.4.10 Vietnam
12.4.10.1 Vietnam Marigold Oleoresin Market by Nature
12.4.10.2 Vietnam Marigold Oleoresin Market by Extraction Method
12.4.10.3 Vietnam Marigold Oleoresin Market by Distribution Channel
12.4.10.4 Vietnam Marigold Oleoresin Market by End User
12.4.11 Singapore
12.4.11.1 Singapore Marigold Oleoresin Market by Nature
12.4.11.2 Singapore Marigold Oleoresin Market by Extraction Method
12.4.11.3 Singapore Marigold Oleoresin Market by Distribution Channel
12.4.11.4 Singapore Marigold Oleoresin Market by End User
12.4.12 Australia
12.4.12.1 Australia Marigold Oleoresin Market by Nature
12.4.12.2 Australia Marigold Oleoresin Market by Extraction Method
12.4.12.3 Australia Marigold Oleoresin Market by Distribution Channel
12.4.12.4 Australia Marigold Oleoresin Market by End User
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Marigold Oleoresin Market by Nature
12.4.13.2 Rest of Asia-Pacific Marigold Oleoresin Market by Extraction Method
12.4.13.3 Rest of Asia-Pacific Marigold Oleoresin Market by Distribution Channel
12.4.13.4 Rest of Asia-Pacific Marigold Oleoresin Market by End User
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Marigold Oleoresin Market by country
12.5.1.2 Middle East Marigold Oleoresin Market by Nature
12.5.1.3 Middle East Marigold Oleoresin Market by Extraction Method
12.5.1.4 Middle East Marigold Oleoresin Market by Distribution Channel
12.5.1.5 Middle East Marigold Oleoresin Market by End User
12.5.1.6 UAE
12.5.1.6.1 UAE Marigold Oleoresin Market by Nature
12.5.1.6.2 UAE Marigold Oleoresin Market by Extraction Method
12.5.1.6.3 UAE Marigold Oleoresin Market by Distribution Channel
12.5.1.6.4 UAE Marigold Oleoresin Market by End User
12.5.1.7 Egypt
12.5.1.7.1 Egypt Marigold Oleoresin Market by Nature
12.5.1.7.2 Egypt Marigold Oleoresin Market by Extraction Method
12.5.1.7.3 Egypt Marigold Oleoresin Market by Distribution Channel
12.5.1.7.4 Egypt Marigold Oleoresin Market by End User
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Marigold Oleoresin Market by Nature
12.5.1.8.2 Saudi Arabia Marigold Oleoresin Market by Extraction Method
12.5.1.8.3 Saudi Arabia Marigold Oleoresin Market by Distribution Channel
12.5.1.8.4 Saudi Arabia Marigold Oleoresin Market by End User
12.5.1.9 Qatar
12.5.1.9.1 Qatar Marigold Oleoresin Market by Nature
12.5.1.9.2 Qatar Marigold Oleoresin Market by Extraction Method
12.5.1.9.3 Qatar Marigold Oleoresin Market by Distribution Channel
12.5.1.9.4 Qatar Marigold Oleoresin Market by End User
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Marigold Oleoresin Market by Nature
12.5.1.10.2 Rest of Middle East Marigold Oleoresin Market by Extraction Method
12.5.1.10.3 Rest of Middle East Marigold Oleoresin Market by Distribution Channel
12.5.1.10.4 Rest of Middle East Marigold Oleoresin Market by End User
12.5.2. Africa
12.5.2.1 Africa Marigold Oleoresin Market by country
12.5.2.2 Africa Marigold Oleoresin Market by Nature
12.5.2.3 Africa Marigold Oleoresin Market by Extraction Method
12.5.2.4 Africa Marigold Oleoresin Market by Distribution Channel
12.5.2.5 Africa Marigold Oleoresin Market by End User
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Marigold Oleoresin Market by Nature
12.5.2.6.2 Nigeria Marigold Oleoresin Market by Extraction Method
12.5.2.6.3 Nigeria Marigold Oleoresin Market by Distribution Channel
12.5.2.6.4 Nigeria Marigold Oleoresin Market by End User
12.5.2.7 South Africa
12.5.2.7.1 South Africa Marigold Oleoresin Market by Nature
12.5.2.7.2 South Africa Marigold Oleoresin Market by Extraction Method
12.5.2.7.3 South Africa Marigold Oleoresin Market by Distribution Channel
12.5.2.7.4 South Africa Marigold Oleoresin Market by End User
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Marigold Oleoresin Market by Nature
12.5.2.8.2 Rest of Africa Marigold Oleoresin Market by Extraction Method
12.5.2.8.3 Rest of Africa Marigold Oleoresin Market by Distribution Channel
12.5.2.8.4 Rest of Africa Marigold Oleoresin Market by End User
12.6. Latin America
12.6.1 Latin America Marigold Oleoresin Market by country
12.6.2 Latin America Marigold Oleoresin Market by Nature
12.6.3 Latin America Marigold Oleoresin Market by Extraction Method
12.6.4 Latin America Marigold Oleoresin Market by Distribution Channel
12.6.5 Latin America Marigold Oleoresin Market by End User
12.6.6 Brazil
12.6.6.1 Brazil Marigold Oleoresin Market by Nature
12.6.6.2 Brazil Marigold Oleoresin Market by Extraction Method
12.6.6.3 Brazil Marigold Oleoresin Market by Distribution Channel
12.6.6.4 Brazil Marigold Oleoresin Market by End User
12.6.7 Argentina
12.6.7.1 Argentina Marigold Oleoresin Market by Nature
12.6.7.2 Argentina Marigold Oleoresin Market by Extraction Method
12.6.7.3 Argentina Marigold Oleoresin Market by Distribution Channel
12.6.7.4 Argentina Marigold Oleoresin Market by End User
12.6.8 Colombia
12.6.8.1 Colombia Marigold Oleoresin Market by Nature
12.6.8.2 Colombia Marigold Oleoresin Market by Extraction Method
12.6.8.3 Colombia Marigold Oleoresin Market by Distribution Channel
12.6.8.4 Colombia Marigold Oleoresin Market by End User
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Marigold Oleoresin Market by Nature
12.6.9.2 Rest of Latin America Marigold Oleoresin Market by Extraction Method
12.6.9.3 Rest of Latin America Marigold Oleoresin Market by Distribution Channel
12.6.9.4 Rest of Latin America Marigold Oleoresin Market by End User
13 Company Profile
13.1 Bolise Co. Ltd
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 Aturex Nutritionals
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 Ozone Naturals
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 Plant Lipids
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 DeYuan Bio-Tech Co. Ltd
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 Olive Lifesciences
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 Maker Group
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 Xiamen Boten Biological Technology Co. Ltd
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 Zhongjin Natural Pigment Co. Ltd
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 Chenguang Biotech Group Co. Ltd.
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 AVT Natural Products
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
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
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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.
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