Infinium Global Research Baking Ingredients Market | Page 6

Global Baking Ingredients Market: Trends and Forecast -2023
DATA COLLECTION MATR IX:
RESEARCH METHODOLOGY: DATA COLLECTION MATRIX
Demand Side
analysis
Global market
size
(Consumption)
Supply Side
Analysis
Production
+Import
-Export
Data collection matrix explains the triangulation of the data collected to arrive at
the market size of the global Baking Ingredients Market. The supply side analysis
considers the production and supply of Baking Ingredients. The supply side analysis
also takes into consideration the suppliers of raw materials, the manufacturers and
other stakeholders involved into supply of the Baking Ingredients. The demand side
analysis considers the product areas of the Baking Ingredients market. In this
approach the various industry players are considered. The country-wise sales
values provide the data of consumption of Baking Ingredients in the regional as well
as global markets. Moreover, this approach helps analyze the future trends and the
market size of the global as well as regional Baking Ingredients market. In order to
arrive at the market size as well as to validate the data findings from supply and
demand side analyses the import, export and production data are considered. The
consumption in the global, regional as well as country markets is estimated using
the following formula
Consumption= (Production + Import) – Export
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