Asia-Pacific Animal Protein Market Size and Share

Asia-Pacific Animal Protein Market Summary
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
View Global Report

Asia-Pacific Animal Protein Market Analysis by Mordor Intelligence

The Asia Pacific animal protein market size stands at USD 3.01 billion in 2026 and is forecast to reach USD 3.98 billion by 2031, reflecting a 5.75% CAGR over the period. Robust demand from sports recovery, infant nutrition, and beauty-from-within applications is drawing formulators toward higher-margin functional ingredients. China’s December 2025 imposition of 21.9%–42.7% tariffs on European Union dairy has redirected whey and casein sourcing to New Zealand and Australia, tightening regional supply and accelerating localization by multinationals. Singapore’s approvals for cultivated meat in 2020 and 2024, combined with South Korea’s 2024 insect-protein labeling rules, are broadening the innovation pipeline beyond conventional livestock proteins SFA.GOV.SG. Meanwhile, dairy cooperatives are boosting process investments. Fonterra alone commissioned NZD 75 million in whey and casein capacity in December 2024, to capture premium fortification demand across bakery, beverages, and ready-to-eat meals

Key Report Takeaways

  • By protein type, Milk protein led with a 25.42% Asia-Pacific animal protein market share in 2025; insect protein is advancing at a 7.25% CAGR to 2031.
  • By end-user, Food and beverages captured 77.72% of the Asia-Pacific animal protein market size in 2025, while personal care and cosmetics are projected to expand at an 8.02% CAGR through 2031.
  • By geography, China held 40.56% of the Asia-Pacific animal protein market in 2025; India records the fastest regional growth at a 6.85% CAGR to 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Protein Type: Dairy Leads but Insects Ascend

Milk protein held 25.42% of the Asia Pacific animal protein market in 2025, benefiting from entrenched use in infant formula, sports powders, and bakery glazes. Whey isolates deliver 90% protein with minimal lactose, supported by Glanbia’s USD 100 million Idaho plant that began supplying Asia in 2024. Caseinates continue as emulsifiers in coffee whiteners, yet European suppliers face redirected trade flows after China’s dairy tariffs, potentially boosting Southeast Asian imports. Collagen maintains premium positioning in Japan and South Korea, where 51% of users link intake to skin benefits. Gelatin straddles food and pharma, with Darling Ingredients expanding Asian rendering capacity. Egg protein struggled with 2024 avian-influenza-driven shortages yet remains indispensable for mayonnaise and confectionery texture.

Insect protein is projected to record a 7.25% CAGR to 2031, the fastest among sub-segments, as Singapore’s 2024 framework and South Korea’s labeling rules open channels for human food and aquafeed. Early adopters target shrimp and tilapia feeds, substituting fishmeal while trimming greenhouse emissions. Hydrolyzed fish proteins, bone-broth concentrates, and other niche animal proteins are also gaining share by aligning with clean-label demands. Collectively, these shifts illustrate how the Asia Pacific animal protein market rewards suppliers who combine regulatory foresight with targeted formulation support.

Asia-Pacific Animal Protein Market: Market Share by Protein Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By End User: Beauty-Driven Personal Care Races Ahead

Food and beverages represented 77.72% of the Asia-Pacific animal protein market size in 2025, anchored by bakery, dairy, and beverage fortifications that rely on whey concentrates and caseinates for structure and rapid amino-acid delivery. Ready-to-drink shakes use whey isolate to deliver 25 grams of protein while maintaining low viscosity, addressing on-the-go recovery needs. Hydrolyzed collagen and gelatin enhance moisture in frozen entrées, minimizing ice-crystal damage during storage. Animal feed remains significant as aquaculture seeks 40%–50% protein rations; insect meal is emerging as a cost-effective alternative that also supports circular-economy objectives.

Personal care and cosmetics, though smaller, are forecast to expand at an 8.02% CAGR through 2031, outpacing food growth as ingestible beauty supplements gain traction. Chinese consumers spend up to RMB 600 per month on marine collagen liquids blended with vitamin C for enhanced absorption. Japanese and Korean brands market collagen-infused broths and low-sugar ice creams that command 30%–50% premiums over standard variants. Sports and performance nutrition remains vibrant, with Optimum Nutrition and domestic challengers pushing bars and chips that provide 15 grams of protein without elevating sugar. The convergence of nutrition and cosmetics is therefore redefining growth pockets within the Asia Pacific animal protein industry.

Asia-Pacific Animal Protein Market: Market Share by End-User
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

China contributed 40.56% of the Asia Pacific animal protein market in 2025, underpinned by 39.2 million tonnes of milk output and vertical integration moves such as Yili’s 100,000-tonne ice-cream complex commissioned in H1 2024. December 2025 tariffs on European dairy raised landed costs by 30%, pushing multinationals to locate whey and casein production closer to Chinese consumers, while benefiting New Zealand exporters. Collagen liquids priced between RMB 300 and RMB 600 per month continue to capture beauty-conscious buyers, reflecting rising disposable incomes. Ongoing African swine fever outbreaks force periodic culls that redirect consumption to poultry and fish, spurring cross-category volatility.

India is projected to grow at a 6.85% CAGR through 2031, driven by INR 2,880 crore in dairy-infrastructure funding under the National Programme for Dairy Development and complementary breed-improvement incentives under Rashtriya Gokul Mission. E-commerce channels distribute international whey and casein brands to a rising gym-going middle class, while local cooperatives accelerate milk-collection modernization. However, fragmented cold-chain infrastructure and smallholder dominance constrain export competitiveness. Japan’s median age will reach 54.3 years by 2040, with a 90-plus cohort expanding at 4.4% yearly, sustaining demand for easily digested whey isolates and collagen-rich medical foods MHLW.GO.JP. Per-capita meat spending is rising to USD 751.50 by 2028, signaling trade-up behavior despite population decline. December 2024 avian-influenza culls raised egg prices, revealing supply-chain fragility that favors diversified protein portfolios.

Indonesia’s October 2026 halal-certification deadline affects USD 2.5 billion in meat and dairy trade, propelling exporters to secure BPJPH accreditation or risk exclusion. Malaysia streamlined halal approval to 15 days, enabling its halal industry to target 10.8% of GDP by 2030. South Korea’s cultivated-meat labeling rules from May 2024 position the country as a regulatory peer to Singapore, fostering cross-border research and development. Vietnam, Thailand, Singapore, and New Zealand round out a region where regulatory heterogeneity and infrastructure disparities shape divergent growth curves within the Asia Pacific animal protein market.

Competitive Landscape

The Asia-Pacific animal protein market exhibits low concentration, as regional dairy cooperatives, multinational ingredient suppliers, and emerging insect-protein startups compete across overlapping application segments without a single player commanding a dominant share. Fonterra's August 2025 agreement to sell its Consumer brands business to Lactalis for NZD 3.845 billion (USD 2.3 billion) exemplifies a strategic retreat from retail toward higher-margin B2B ingredients and foodservice channels, where the company invested NZD 150 million in a Studholme protein-ingredients facility and NZD 150 million in a Whareroa cool store during December 2024. This pivot mirrors broader industry dynamics where scale advantages in commodity whey and casein are eroding as customers demand specialized formats, hydrolyzed peptides, microencapsulated powders, heat-stable isolates that require technical service and formulation expertise rather than raw tonnage. 

White-space opportunities center on insect protein for aquaculture feed, where Singapore's 2024 regulatory framework permitting 16 species creates a pathway to substitute fishmeal in shrimp and tilapia diets, potentially reducing reliance on wild-caught fish stocks. Emerging disruptors include precision fermentation startups targeting casein and whey production without cows, though production costs remain 3-5 times higher than conventional dairy, limiting near-term market penetration to premium restaurant channels. Technology deployment is bifurcating the market: Kerry Group's May 2024 acquisition of Niacet for EUR 844 million (USD 920 million) brought bioscience capabilities in food preservation and animal nutrition, enabling integrated solutions that extend shelf life and improve feed conversion ratios, while smaller players lack the capital to invest in membrane filtration or spray-drying innovations that improve solubility and flavor profiles. 

Halal certification is becoming a competitive moat in Indonesia and Malaysia, where streamlined processes favor established multinationals with dedicated compliance teams over smaller exporters who struggle to navigate BPJPH or JAKIM requirements. Arla Foods. However, biosecurity threats, avian influenza, African swine fever, and foot-and-mouth disease create volatility that favors vertically integrated players with diversified protein portfolios over specialists concentrated in a single species or geography, as demonstrated by Japan's December 2024 culling of 160,000 chickens in Hokkaido and China's ongoing ASF outbreaks.

Asia-Pacific Animal Protein Industry Leaders

  1. Arla Foods amba

  2. Darling Ingredients Inc.

  3. Fonterra Co-operative Group Limited

  4. Kerry Group PLC

  5. Koninklijke FrieslandCampina N.V.

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Animal Protein Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • October 2025: New Zealand-based Leaft Foods has entered the pet food market with Alfalfa Protein Concentrate (APC), a Rubisco-based protein extracted from alfalfa leaves, offering meat-like nutrition with 99% lower carbon emissions than beef or lamb per independent LCA.
  • July 2025: Chiyoda Corporation successfully launched Japan's first "Plant Biofoundry" in Yokohama as a demonstration platform for plant bio-manufacturing. This facility was developed under a NEDO initiative to enable large-scale, animal-free production of useful proteins—including the world's first human type II collagen produced in tobacco plants.
  • May 2025: Darling Ingredients and Tessenderlo Group announced the formation of a new joint company to accelerate growth in collagen-based health, wellness, and nutrition sectors, combining complementary capabilities and market access to expand addressable market opportunities across multiple application segments.

Table of Contents for Asia-Pacific Animal Protein Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Demand for Functional Dairy Ingredients
    • 4.2.2 Growing Health Consciousness and Awareness of Animal Protein's Nutritional Benefits
    • 4.2.3 Technological Advancements in Feed Production, Farming, and Processing
    • 4.2.4 Product Diversification to Meet varied Consumer Preferences
    • 4.2.5 Rapid Urbanization Increasing Consumption of Protein-Rich Foods in Emerging Economies
    • 4.2.6 Government Initiatives Supporting Sustainable Animal Agriculture
  • 4.3 Market Restraints
    • 4.3.1 Fluctuating Feed costs Impacting Production Profitability
    • 4.3.2 Stringent Regulations on Antibiotics, Additives, and Food Safety Standards
    • 4.3.3 Competition from Plant-Based Protein Alternatives Gaining Popularity
    • 4.3.4 Biosecurity Threats and Zoonotic Disease Risks
  • 4.4 Consumer Behaviour Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Degree of Competition

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 Protein Type
    • 5.1.1 Casein and Caseinates
    • 5.1.2 Collagen
    • 5.1.3 Egg Protein
    • 5.1.4 Gelatin
    • 5.1.5 Insect Protein
    • 5.1.6 Milk Protein
    • 5.1.7 Whey Protein
    • 5.1.8 Other Animal Protein
  • 5.2 End User
    • 5.2.1 Animal Feed
    • 5.2.2 Food and Beverages
    • 5.2.2.1 Bakery
    • 5.2.2.2 Beverages
    • 5.2.2.3 Breakfast Cereals
    • 5.2.2.4 Condiments / Sauces
    • 5.2.2.5 Confectionery
    • 5.2.2.6 Dairy and Dairy-Alternative Products
    • 5.2.2.7 RTE / RTC Foods
    • 5.2.2.8 Snacks
    • 5.2.3 Personal Care and Cosmetics
    • 5.2.4 Supplements
    • 5.2.4.1 Baby Food and Infant Formula
    • 5.2.4.2 Elderly and Medical Nutrition
    • 5.2.4.3 Sport / Performance Nutrition
  • 5.3 Geography
    • 5.3.1 Australia
    • 5.3.2 China
    • 5.3.3 India
    • 5.3.4 Indonesia
    • 5.3.5 Japan
    • 5.3.6 Malaysia
    • 5.3.7 New Zealand
    • 5.3.8 South Korea
    • 5.3.9 Thailand
    • 5.3.10 Vietnam
    • 5.3.11 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (Includes Global-level Overview, Market-level Overview, Core Segments, Financials, Strategic Info, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Arla Foods amba
    • 6.4.2 Darling Ingredients Inc.
    • 6.4.3 Fonterra Co-operative Group Ltd
    • 6.4.4 Kerry Group plc
    • 6.4.5 Koninklijke FrieslandCampina N.V.
    • 6.4.6 Gansu Hua’an Biotechnology Group
    • 6.4.7 Glanbia plc
    • 6.4.8 Groupe Lactalis
    • 6.4.9 Hilmar Cheese Company Inc.
    • 6.4.10 Jellice Pioneer Private Ltd
    • 6.4.11 Lacto Japan Co. Ltd
    • 6.4.12 Milligans Food Group Ltd
    • 6.4.13 Morinaga Milk Industry Co. Ltd
    • 6.4.14 Nitta Gelatin Inc.
    • 6.4.15 Nutrition Technologies Group
    • 6.4.16 Olam International Ltd
    • 6.4.17 Westland Milk Products (Westpro)
    • 6.4.18 Charotar Casein Company
    • 6.4.19 Fuji Oil Holdings
    • 6.4.20 Wilmar International Ltd

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Asia-Pacific Animal Protein Market Report Scope

Animal protein is protein from animal sources like meat, poultry, fish, eggs, and dairy.

The Asia-Pacific animal protein market is segmented by protein type into casein and caseinates, collagen, egg protein, gelatin, insect protein, milk protein, whey protein, and other animal protein. By end-user, the market is segmented into animal feed, food and beverages, personal care and cosmetics, and supplements. The food and beverages are further segmented into bakery, beverages, breakfast cereals, condiments/sauces, confectionery, dairy and dairy-alternative products, RTE/RTC foods, and snacks. Supplements are further segmented into baby food and infant formula, elderly and medical nutrition, and sport/performance nutrition. The market is segmented by geography into China, India, Japan, Australia, South Korea, Indonesia, Thailand, Singapore, Vietnam, Malaysia, New Zealand, Rest of Asia-Pacific. The market sizing has been done in value terms in USD for all the abovementioned segments.

Protein Type
Casein and Caseinates
Collagen
Egg Protein
Gelatin
Insect Protein
Milk Protein
Whey Protein
Other Animal Protein
End User
Animal Feed
Food and Beverages Bakery
Beverages
Breakfast Cereals
Condiments / Sauces
Confectionery
Dairy and Dairy-Alternative Products
RTE / RTC Foods
Snacks
Personal Care and Cosmetics
Supplements Baby Food and Infant Formula
Elderly and Medical Nutrition
Sport / Performance Nutrition
Geography
Australia
China
India
Indonesia
Japan
Malaysia
New Zealand
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Protein Type Casein and Caseinates
Collagen
Egg Protein
Gelatin
Insect Protein
Milk Protein
Whey Protein
Other Animal Protein
End User Animal Feed
Food and Beverages Bakery
Beverages
Breakfast Cereals
Condiments / Sauces
Confectionery
Dairy and Dairy-Alternative Products
RTE / RTC Foods
Snacks
Personal Care and Cosmetics
Supplements Baby Food and Infant Formula
Elderly and Medical Nutrition
Sport / Performance Nutrition
Geography Australia
China
India
Indonesia
Japan
Malaysia
New Zealand
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Need A Different Region or Segment?
Customize Now

Market Definition

  • End User - The Protein Ingredients Market operates on a B2B basis. Food, Beverages, Supplements, Animal Feed, and Personal Care & Cosmetic manufacturers are considered to be end-consumers in the market studied. The scope excludes manufacturers buying liquid/dry whey to be used for application as a binding agent or thickener or other non-protein applications.
  • Penetration Rate - Penetration Rate is defined as the percentage of Protein-Fortified End User Market Volume in the Overall End User Market Volume.
  • Average Protein Content - Average protein content is the average protein content present per 100 g of product manufactured by all end-user companies considered under the scope of this report.
  • End User Market Volume - End-user market volume is the consolidated volume of all types and forms of end-user products in the country or region.
Keyword Definition
Alpha-lactalbumin (α-Lactalbumin) It is a protein that regulates the production of lactose in the milk of almost all mammalian species.
Amino acid It is an organic compound that contains both amino and carboxylic acid functional groups, which are required for the synthesis of body protein and other important nitrogen-containing compounds, such as creatine, peptide hormones, and some neurotransmitters.
Blanching It is the process of briefly heating vegetables with steam or boiling water.
BRC British Retail Consortium
Bread improver It is a flour-based blend of several components with specific functional properties designed to modify dough characteristics and give quality attributes to bread.
BSF Black Soldier Fly
Caseinate It is a substance produced by adding an alkali to acid casein, a derivative of casein.
Celiac disease Celiac disease is an immune reaction to eating gluten, a protein found in wheat, barley, and rye.
Colostrum It is a milky fluid that’s released by mammals that have recently given birth before breast milk production begins.
Concentrate It is the least processed form of protein and has a protein content ranging from 40-90% by weight.
Dry protein basis It refers to the percentage of "pure protein" present in a supplement after the water in it is completely removed through heat.
Dry whey It is the product resulting from drying fresh whey which has been pasteurized and to which nothing has been added as a preservative.
Egg protein It is a mixture of individual proteins, including ovalbumin, ovomucoid, ovoglobulin, conalbumin, vitellin, and vitellenin.
Emulsifier It is a food additive that facilitates the blending of foods that are immiscible with one another, such as oil and water.
Enrichment It is the process of addition of micronutrients that are lost during the processing of the product.
ERS Economic Research Service of the USDA
Extrusion It is the process of forcing soft mixed ingredients through an opening in a perforated plate or die designed to produce the required shape. The extruded food is then cut to a specific size by blades.
Fava Also known as Faba, it is another word for yellow split beans.
FDA Food and Drug Administration
Flaking It is a process in which typically a cereal grain (like corn, wheat, or rice) is broken down into grits, cooked with flavors and syrups, and then pressed into flakes between cooled rollers.
Foaming agent It is a food ingredient that makes it possible to form or maintain a uniform dispersion of a gaseous phase in a liquid or solid food.
Foodservice It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats.
Fortification It is the deliberate addition of micronutrients that are not found in them naturally or which are lost during processing, to improve a food product's nutritional value.
FSANZ Food Standards Australia New Zealand
FSIS Food Safety and Inspection Service
FSSAI Food Safety and Standards Authority of India
Gelling agent It is an ingredient that functions as a stabilizer and thickener to provide thickening without stiffness through the formation of gel.
GHG Greenhouse Gas
Gluten It is a family of proteins found in grains, including wheat, rye, spelt, and barley.
Hemp It is a botanical class of Cannabis sativa cultivars grown specifically for industrial or medicinal use.
Hydrolysate It is a form of protein manufactured by exposing the protein to enzymes that can partially break the bonds between the protein's amino acids and break down large, complicated proteins into smaller pieces. Its processing makes it easier and quicker to digest.
Hypoallergenic It refers to a substance that causes fewer allergic reactions.
Isolate It is the purest and most processed form of protein which has undergone separation to obtain a pure protein fraction. It typically contains ≥ 90% of protein by weight.
Keratin It is a protein that helps form hair, nails, and the outer layer of skin.
Lactalbumin It is the albumin contained in milk and obtained from whey.
Lactoferrin It is an iron‑binding glycoprotein that is present in the milk of most mammals.
Lupin It is the yellow legume seeds of the genus Lupinus.
Millenial Also known as Generation Y or Gen Y, it refers to the people born from 1981 to 1996.
Monogastric It refers to an animal with a single-compartmented stomach. Examples of monogastric include humans, poultry, pigs, horses, rabbits, dogs, and cats. Most monogastric are generally unable to digest much cellulose food materials such as grasses.
MPC Milk protein concentrate
MPI Milk protein isolate
MSPI Methylated soy protein isolate
Mycoprotein Mycoprotein is a form of single-cell protein, also known as fungal protein, derived from fungi for human consumption.
Nutricosmetics It is a category of products and ingredients that act as nutritional supplements to care for skin, nails, and hair natural beauty.
Osteoporosis It is a medical condition in which the bones become brittle and fragile from loss of tissue, typically as a result of hormonal changes, or deficiency of calcium or vitamin D.
PDCAAS Protein digestibility-corrected amino acid score (PDCAAS) is a method of evaluating the quality of a protein based on both the amino acid requirements of humans and their ability to digest it.
Per-capita consumption of animal protein It is the average amount of animal protein (such as milk, whey, gelatin, collagen, and egg proteins) that is readily available for consumption by each person in an actual population.
Per-capita consumption of plant protein It is the average amount of plant protein (such as soy, wheat, pea, oat, and hemp proteins) that is readily available for consumption by each person in an actual population.
Quorn It is a microbial protein manufactured using mycoprotein as an ingredient, in which the fungus culture is dried and mixed with egg albumen or potato protein, which acts as a binder, and then is adjusted in texture and pressed into various forms.
Ready-to-Cook (RTC) It refers to food products that include all of the ingredients, where some preparation or cooking is required through a process that is given on the package.
Ready-to-Eat (RTE) It refers to a food product prepared or cooked in advance, with no further cooking or preparation required before being eaten.
RTD Ready-to-Drink
RTS Ready-to-Serve
Saturated fat It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy.
Sausage It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing.
Seitan It is a plant-based meat substitute made out of wheat gluten.
Softgel It is a gelatin-based capsule with a liquid fill.
SPC Soy protein concentrate
SPI Soy protein isolate
Spirulina It is a biomass of cyanobacteria that can be consumed by humans and animals.
Stabilizer It is an ingredient added to food products to help maintain or enhance their original texture, and physical and chemical characteristics.
Supplementation It is the consumption or provision of concentrated sources of nutrients or other substances that are intended to supplement nutrients in the diet and is intended to correct nutritional deficiencies.
Texturant It is a specific type of food ingredient that is used to control and alter the mouthfeel and texture of food and beverage products.
Thickener It is an ingredient that is used to increase the viscosity of a liquid or dough and make it thicker, without substantially changing its other properties.
Trans fat Also called trans-unsaturated fatty acids or trans fatty acids, it is a type of unsaturated fat that naturally occurs in small amounts in meat.
TSP Textured soy protein
TVP Textured vegetable protein
WPC Whey protein concentrate
WPI Whey protein isolate
Need More Details on Market Definition?
Ask a Question

Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
research-methodology
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get More Details On Research Methodology
Download PDF