Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Herb Oil Market Analysis 2023, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate》, which aims to sort out the development status and trends of the Herb Oil industry at home and abroad, estimate the overall market scale of the Herb Oil industry and the market share of major countries, Herb Oil industry, and study and judge the downstream market demand of Herb Oil through systematic research, Analyze the competition pattern of Herb Oil, so as to help solve the pain points of various stakeholders in Herb Oil industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2029) of Herb Oil Market by VIC Research Include
NorthAmerica
Asia
Europe
Middle East & Africa
South America
Competitive Analysis; Who are the Major Players in Herb Oil Market?
Young Living Essential Oils LC
Symrise AG
Givaudan SA
International Flavors & Fragrances Inc.
Biolandes SAS
doTERRA International, LLC
The Lebermuth Co., Inc.
China Flavors & Fragrances Co. Ltd.
Citrus and Allied Essences Ltd.
Enio Bonchev Production Ltd.
Major Type of Herb Oil Covered in VIC Research report:
By Product Type
Basil
Mint
Thyme
Dill
Other Herbs
By Extraction Method
Distillation
Solvent Extraction
Cold Pressing
Application Segments Covered in VIC Research Market
Personal Care and Cosmetic
Food and Beverage
Pharmaceutical
Aromatherapy
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Herb Oil Market Analysis 2023, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 By Product Type -Product Introduction and Major Manufacturers
1.1.2 Basil -Product Introduction and Major Manufacturers
1.1.3 Mint -Product Introduction and Major Manufacturers
1.1.4 Thyme -Product Introduction and Major Manufacturers
1.1.5 Dill -Product Introduction and Major Manufacturers
1.1.6 Other Herbs -Product Introduction and Major Manufacturers
1.1.7 By Extraction Method -Product Introduction and Major Manufacturers
1.1.8 Distillation -Product Introduction and Major Manufacturers
1.1.9 Solvent Extraction -Product Introduction and Major Manufacturers
1.1.10 Cold Pressing -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Regional Market
2.1 Regional Market Share in Terms of Production (2019-2026)
2.2 Regional Market Share in Terms of Revenue (2019-2026)
2.3 Regional Market Share in Terms of Consumption (2019-2026)
3 Global Herb Oil Market Assessment by Type
3.1 Global Herb Oil Production by Type (2019-2029)
3.2 Global Herb Oil Revenue by Type (2019-2029)
3.3 North America Herb Oil Production and Revenue by Type (2019-2029)
3.4 Asia Herb Oil Production and Revenue by Type (2019-2029)
3.5 Europe Herb Oil Production and Revenue by Type (2019-2029)
3.6 Middle East & Africa Herb Oil Production and Revenue by Type (2019-2029)
3.7 South America Herb Oil Production and Revenue by Type (2019-2029)
4 Global Herb Oil Market Assessment by Application
4.1 Historical & Forecast Global Herb Oil Consumption, Different Application Field (2019-2029)
4.2 Historical & Forecast North America Herb Oil Consumption, Different Application Field (2019-2029)
4.3 Historical & Forecast Asia Herb Oil Consumption, Different Application Field (2019-2029)
4.4 Historical & Forecast Europe Herb Oil Consumption, Different Application Field (2019-2029)
4.5 Historical & Forecast Middle East & Africa Herb Oil Consumption, Different Application Field (2019-2029)
4.6 Historical & Forecast South America Herb Oil Consumption, Different Application Field (2019-2029)
5 North America
5.1 US Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
5.2 Canada Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
5.3 Mexico Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
6 Asia
6.1 China Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
6.2 Japan Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
6.3 India Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
6.4 Korea Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
6.5 Southeat Asia Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
7 Europe
7.1 Germany Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
7.2 UK Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
7.3 France Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
7.4 Russia Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
7.5 Italy Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
8 Middle East and Africa
8.1 Saudi Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
8.2 UAE Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
8.3 Egypt Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
8.4 Nigeria Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
8.5 South Africa Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
9 South America
9.1 Brazil Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
9.2 Argentina Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
9.3 Colombia Herb Oil Capacity, Production, Consumption and Proportion of Products Sold (2019-2029)
10 Global Herb Oil Average Price Trend
10.1 Market Price for Each Type of Herb Oil in North America (2019-2029)
10.2 Market Price for Each Type of Herb Oil in Asia (2019-2029)
10.3 Market Price for Each Type of Herb Oil in Europe (2019-2029)
10.4 Market Price for Each Type of Herb Oil in Middle East & Africa (2019-2029)
10.5 Market Price for Each Type of Herb Oil in South America (2019-2029)
11 Value Chain (Impact of COVID-19)
11.1 Herb Oil Value Chain Analysis
11.1.1 Upstream
11.1.2 Downstream
11.2 COVID-19 Impact on Herb Oil Industry
11.2.1 Industrial Policy Issued Under the Epidemic Situation
11.3 Cost-Under the Epidemic Situation
11.3.1 Cost of Raw Material
11.4 Channel Analysis
11.4.1 Distribution Channel-Under the Epidemic Situation
11.4.2 Distributors
12 Herb Oil Competitive Analysis
12.1 Young Living Essential Oils LC
12.1.1 Young Living Essential Oils LC Company Profiles
12.1.2 Young Living Essential Oils LC Product Introduction
12.1.3 Young Living Essential Oils LC Herb Oil Production, Revenue (2015-2020)
12.1.4 SWOT Analysis
12.2 Symrise AG
12.2.1 Symrise AG Company Profiles
12.2.2 Symrise AG Product Introduction
12.2.3 Symrise AG Herb Oil Production, Revenue (2015-2020)
12.2.4 SWOT Analysis
12.3 Givaudan SA
12.3.1 Givaudan SA Company Profiles
12.3.2 Givaudan SA Product Introduction
12.3.3 Givaudan SA Herb Oil Production, Revenue (2015-2020)
12.3.4 SWOT Analysis
12.4 International Flavors & Fragrances Inc.
12.4.1 International Flavors & Fragrances Inc. Company Profiles
12.4.2 International Flavors & Fragrances Inc. Product Introduction
12.4.3 International Flavors & Fragrances Inc. Herb Oil Production, Revenue (2015-2020)
12.4.4 SWOT Analysis
12.5 Citrus and Allied Essences Ltd.
12.5.1 Biolandes SAS Company Profiles
12.5.2 Biolandes SAS Product Introduction
12.5.3 Biolandes SAS Herb Oil Production, Revenue (2015-2020)
12.5.4 SWOT Analysis
12.6 doTERRA International, LLC
12.6.1 doTERRA International, LLC Company Profiles
12.6.2 doTERRA International, LLC Product Introduction
12.6.3 doTERRA International, LLC Herb Oil Production, Revenue (2015-2020)
12.6.4 SWOT Analysis
12.7 The Lebermuth Co., Inc.
12.7.1 The Lebermuth Co., Inc. Company Profiles
12.7.2 The Lebermuth Co., Inc. Product Introduction
12.7.3 The Lebermuth Co., Inc. Herb Oil Production, Revenue (2015-2020)
12.7.4 SWOT Analysis
12.8 China Flavors & Fragrances Co. Ltd.
12.8.1 China Flavors & Fragrances Co. Ltd. Company Profiles
12.8.2 China Flavors & Fragrances Co. Ltd. Product Introduction
12.8.3 China Flavors & Fragrances Co. Ltd. Herb Oil Production, Revenue (2015-2020)
12.8.4 SWOT Analysis
12.9 Citrus and Allied Essences Ltd.
12.9.1 Citrus and Allied Essences Ltd. Company Profiles
12.9.2 Citrus and Allied Essences Ltd. Product Introduction
12.9.3 Citrus and Allied Essences Ltd. Herb Oil Production, Revenue (2015-2020)
12.9.4 SWOT Analysis
12.10 Enio Bonchev Production Ltd.
12.10.1 Enio Bonchev Production Ltd. Company Profiles
12.10.2 Enio Bonchev Production Ltd. Product Introduction
12.10.3 Enio Bonchev Production Ltd. Herb Oil Production, Revenue (2015-2020)
12.10.4 SWOT Analysis
13 Conclusion
List of Tables and Figures
Figure Product Introduction
Table Production (K Units) and Revenue (Million USD) of Major Players (2015-2020)
Figure Global Herb Oil Production Market Share of Top 5 Players
Table CAGR of Major Market (2021-2026)
Table CAGR in Terms of Production of Each Type (2019-2029)
Table Regional Market Share in Terms of Production (2019-2026)
Figure Regional Market Share in Terms of Production (2019 - 2020)
Table Regional Market Share in Terms of Revenue (2019-2026)
Figure Regional Market Share in Terms of Revenue (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Table Global Herb Oil Production (K Unit) by Type (2019-2029)
Figure Global Herb Oil Production (K Unit) and Growth Rate (2019-2029)
Figure Global Herb Oil Production Market Share (%) by Type (2019 -2020)
Table Global Herb Oil Revenue (Million USD) by Type (2019-2029)
Figure Global Herb Oil Revenue (Million USD) and Growth Rate (2019-2029)
Figure Global Herb Oil Revenue Market Share (%) by Type (2019-2020)
Figure North America Herb Oil Production (K Unit) by Type (2019-2029)
Figure North America Herb Oil Production (K Unit) and Growth Rate (2019-2029)
Figure North America Herb Oil Revenue (Million USD) by Type (2019-2029)
Figure North America Herb Oil Revenue (Million USD) and Growth Rate (2019-2029)
Figure Asia Herb Oil Production (K Unit) by Type (2019-2029)
Figure Asia Herb Oil Production (K Unit) and Growth Rate (2019-2029)
Figure Asia Herb Oil Revenue (Million USD) by Type (2019-2029)
Figure Asia Herb Oil Revenue (Million USD) and Growth Rate (2019-2029)
Figure Europe Herb Oil Production (K Unit) by Type (2019-2029)
Figure Europe Herb Oil Production (K Unit) and Growth Rate (2019-2029)
Figure Europe Herb Oil Revenue (Million USD) by Type (2019-2029)
Figure Europe Herb Oil Revenue (Million USD) and Growth Rate (2019-2029)
Figure Middle East & Africa Herb Oil Production (K Unit) by Type (2019-2029)
Figure Middle East & Africa Herb Oil Production (K Unit) and Growth Rate (2019-2029)
Figure Middle East & Africa Herb Oil Revenue (Million USD) by Type (2019-2029)
Figure Middle East & Africa Herb Oil Revenue (Million USD) and Growth Rate (2019-2029)
Figure South America Herb Oil Production (K Unit) by Type (2019-2029)
Figure South America Herb Oil Production (K Unit) and Growth Rate (2019-2029)
Figure South America Herb Oil Revenue (Million USD) by Type (2019-2029)
Figure South America Herb Oil Revenue (Million USD) and Growth Rate (2019-2029)
Table Historical & Forecast Herb Oil Different Application Field Consumption (K Unit)
Figure Consumption (K Unit) and Growth Rate (2019-2029)
Figure Different Application Field Consumption Market Share (%) (2019-2020)
Table Historical & Forecast Herb Oil Different Application Field Consumption (K Unit)
Figure North America Herb Oil Consumption (K Unit) and Growth Rate (2019-2029)
Figure North America Herb Oil Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Herb Oil Different Application Field Consumption (K Unit)
Figure Asia Herb Oil Consumption (K Unit) and Growth Rate (2019-2029)
Figure Asia Herb Oil Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Herb Oil Different Application Field Consumption (K Unit)
Figure Europe Herb Oil Consumption (K Unit) and Growth Rate (2019-2029)
Figure Europe Herb Oil Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Herb Oil Different Application Field Consumption (K Unit)
Figure Middle East & Africa Herb Oil Consumption (K Unit) and Growth Rate (2019-2029)
Figure Middle East & Africa Herb Oil Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Herb Oil Different Application Field Consumption (K Unit)
Figure South America Herb Oil Consumption (K Unit) and Growth Rate (2019-2029)
Figure South America Herb Oil Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Herb Oil Different Application Field Consumption (K Unit)
Table US Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Canada Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Mexico Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table China Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Japan Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table India Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Korea Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Southeast Asia Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Germany Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UK Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table France Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Russia Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Italy Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Saudi Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UAE Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Egypt Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Nigeria Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table South Africa Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Brazil Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Argentina Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Colombia Herb Oil Capacity (K Units), Production (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Market Price (USD/Unit) for Each Type of Herb Oil in China
Table Market Price (USD/Unit) for Each Type of Herb Oil in EU
Table Market Price (USD/Unit) for Each Type of Herb Oil in USA
Table Market Price (USD/Unit) for Each Type of Herb Oil in Japan
Table Market Price (USD/Unit) for Each Type of Herb Oil in India
Table Market Price (USD/Unit) for Each Type of Herb Oil in Southeast Asia
Table Market Price (USD/Unit) for Each Type of Herb Oil in South America
Figure Value Chain Structure of Herb Oil
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of Herb Oil
Figure Cost Structure of Herb Oil in 2020
Table Distributors/Traders List
Table ????Young Living Essential Oils LC Profiles
Table ????Young Living Essential Oils LC Herb Oil Product Introduction
Figure ????Young Living Essential Oils LC Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????Young Living Essential Oils LC SWOT Analysis
Table ????Symrise AG Profiles
Table ????Symrise AG Herb Oil Product Introduction
Figure ????Symrise AG Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????Symrise AG SWOT Analysis
Table ????Givaudan SA Profiles
Table ????Givaudan SA Herb Oil Product Introduction
Figure ????Givaudan SA Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????Givaudan SA SWOT Analysis
Table ????International Flavors & Fragrances Inc. Profiles
Table ????International Flavors & Fragrances Inc. Herb Oil Product Introduction
Figure ????International Flavors & Fragrances Inc. Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????International Flavors & Fragrances Inc. SWOT Analysis
Table ????Biolandes SAS Profiles
Table ????Biolandes SAS Herb Oil Product Introduction
Figure ????Biolandes SAS Chemical & Material Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????Biolandes SAS SWOT Analysis
Table ????doTERRA International, LLC Profiles
Table ????doTERRA International, LLC Herb Oil Product Introduction
Figure ????doTERRA International, LLC Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????doTERRA International, LLC SWOT Analysis
Table ????The Lebermuth Co., Inc. Profiles
Table ????The Lebermuth Co., Inc. Herb Oil Product Introduction
Figure ????The Lebermuth Co., Inc. Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????The Lebermuth Co., Inc. SWOT Analysis
Table ????China Flavors & Fragrances Co. Ltd. Profiles
Table ????China Flavors & Fragrances Co. Ltd. Herb Oil Product Introduction
Figure ????China Flavors & Fragrances Co. Ltd. Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????China Flavors & Fragrances Co. Ltd. SWOT Analysis
Table ????Citrus and Allied Essences Ltd. Profiles
Table ????Citrus and Allied Essences Ltd. Herb Oil Product Introduction
Figure ????Citrus and Allied Essences Ltd. Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????Citrus and Allied Essences Ltd. SWOT Analysis
Table ????Enio Bonchev Production Ltd. Profiles
Table ????Enio Bonchev Production Ltd. Herb Oil Product Introduction
Figure ????Enio Bonchev Production Ltd. Herb Oil Capacity (Unit), Production (Unit), Revenue (Million USD) (2015-2020)
Figure ????Enio Bonchev Production Ltd. SWOT Analysis
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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