Key Insights
The North American malt ingredients market, valued at approximately $33,500 million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 8.60% from 2025 to 2033. This expansion is fueled by several key factors. The increasing demand for craft beers and specialty beverages is significantly boosting the consumption of malt, a crucial ingredient. Furthermore, the growing popularity of gluten-free malt alternatives and the expanding use of malt extracts in food products (such as baked goods and breakfast cereals) are contributing to market growth. The pharmaceutical and animal feed industries also represent significant, albeit smaller, segments, utilizing malt for its nutritional and functional properties. Within North America, the United States is the largest consumer, followed by Canada and Mexico, with regional variations in consumption patterns reflecting differing dietary habits and beverage preferences. Competition is fierce, with major players like Group Soufflet, Rahr Corporation, and Cargill vying for market share through innovation in product offerings and supply chain optimization. However, potential restraints include fluctuations in barley and wheat prices, impacting production costs and profitability.
The forecast period (2025-2033) suggests a continued upward trajectory for the North American malt ingredients market. This positive outlook is predicated on sustained growth in the alcoholic and non-alcoholic beverage sectors, along with ongoing exploration of new applications in the food and pharmaceutical industries. The market’s segmentation—by source (barley, wheat, other) and application (beverages, food, pharmaceuticals, animal feed)—offers diverse growth opportunities for existing and new market entrants. Companies are increasingly focusing on sustainable sourcing and innovative processing techniques to cater to evolving consumer preferences and address environmental concerns. Strategic partnerships and mergers and acquisitions are anticipated to further shape the market landscape in the coming years, leading to increased consolidation among key players.

North America Malt Ingredients Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the North America Malt Ingredients market, encompassing market dynamics, growth trends, regional performance, product landscape, and key players. The study period covers 2019-2033, with 2025 as the base and estimated year. The report is designed for industry professionals, investors, and stakeholders seeking a clear understanding of this dynamic market. The parent market is the North American Food and Beverage Ingredients market, while the child market is specifically Malt Ingredients. The total market value in 2025 is estimated at XX Million, projected to reach XX Million by 2033.
North America Malt Ingredients Market Dynamics & Structure
This section analyzes the competitive landscape of the North American malt ingredients market, encompassing market concentration, technological innovation, regulatory frameworks, substitute products, end-user demographics, and mergers & acquisitions (M&A) activity. The market is moderately concentrated, with several key players holding significant market share. Technological advancements, particularly in malting processes and product diversification, are key drivers. Regulatory compliance regarding food safety and labeling impacts market operations.
- Market Concentration: The top 5 players hold approximately xx% of the market share in 2025.
- M&A Activity: The past five years have witnessed xx M&A deals, primarily driven by consolidation efforts and expansion into new segments.
- Technological Innovation: Investments in precision malting and automation are improving efficiency and product quality. However, high initial investment costs pose a barrier for smaller players.
- End-User Demographics: The growing demand for craft beers and specialized food products fuels market growth, especially within the alcoholic beverage and food segments.
- Regulatory Framework: Stringent food safety regulations and labeling requirements are shaping market dynamics and influencing production processes.
North America Malt Ingredients Market Growth Trends & Insights
This section offers a detailed analysis of the North America Malt Ingredients market's size evolution, adoption rates across various segments, technological disruption, and shifting consumer preferences. The market exhibited a CAGR of xx% during the historical period (2019-2024), driven by factors including the rising popularity of craft brewing and a growing awareness of the health benefits of malt-based products. The forecast period (2025-2033) projects continued growth, though at a slightly moderated CAGR of xx%, influenced by factors such as potential economic fluctuations and shifts in consumer preferences. The increasing demand for premium and specialty malts is a significant trend, shaping product innovation and premium pricing strategies. Technological disruptions, such as automation in malting processes, contribute to cost optimization and production scalability.

Dominant Regions, Countries, or Segments in North America Malt Ingredients Market
The United States dominates the North American malt ingredients market, followed by Canada and Mexico. Within the US, the Midwest and West Coast regions show significant market share due to established brewing industries and growing craft brewery sectors.
By Source: Barley remains the dominant source, accounting for approximately xx% of the market in 2025. Wheat malt holds a smaller yet growing share, attributed to its use in specific brewing styles and food applications.
By Application: The alcoholic beverage segment holds the largest share (xx%), driven by the growth of the craft beer industry. The food segment is also exhibiting strong growth, fuelled by the increasing demand for malt-based flavorings and ingredients in bakery products and other food items.
- Key Drivers (US): Strong craft brewing culture, established agricultural infrastructure, supportive government policies promoting agricultural development.
- Key Drivers (Canada): Growing demand for premium malt varieties, proximity to US markets, government initiatives supporting local agriculture.
- Growth Potential (Mexico): Increasing consumer demand for imported beers and locally produced craft beers, expansion of food processing industries.
North America Malt Ingredients Market Product Landscape
The North America malt ingredients market showcases a diverse range of products, including base malts, specialty malts (e.g., crystal, chocolate, roasted), and malt extracts. Technological advancements have led to improved malting processes, resulting in enhanced product consistency and quality. Key innovations include the development of new malt varieties tailored for specific applications, enabling brewers and food manufacturers to achieve unique flavor profiles and functionalities. These innovations enhance the value proposition by providing improved functionality, superior taste and higher quality.
Key Drivers, Barriers & Challenges in North America Malt Ingredients Market
Key Drivers:
- Growing demand for craft beers and specialty food products.
- Increasing consumer awareness of health benefits associated with certain malt varieties.
- Technological advancements resulting in higher efficiency and quality.
Key Challenges & Restraints:
- Fluctuations in barley prices due to weather patterns and global supply chain issues.
- Stringent regulatory compliance requirements affecting production costs.
- Intense competition among established players and emerging new entrants. This competition places downward pressure on pricing and profit margins.
Emerging Opportunities in North America Malt Ingredients Market
- Growing demand for organic and sustainably sourced malt ingredients.
- Expansion into new applications such as the production of functional foods and nutraceuticals.
- Development of innovative malt varieties with enhanced flavor profiles and functionalities targeting specific consumer needs.
Growth Accelerators in the North America Malt Ingredients Market Industry
The North America malt ingredients market is poised for sustained growth through several key accelerators. These include technological innovations in malting, which drive efficiency and output quality, fostering market expansion. Strategic partnerships between malt producers and breweries facilitate product development and streamlined supply chains. Furthermore, the increasing focus on sustainability and organic malting further enhances the attractiveness and long-term growth of the market.
Key Players Shaping the North America Malt Ingredients Market Market
- Group Soufflet
- Rahr Corporation
- Malteurop Malting Company
- Axereal
- Simpsons Malt Limited
- Muntons PLC
- GrainCorp Limited
- Cargill, Incorporated
- Briess Malt & Ingredients Co.
- AB InBev (Anheuser-Busch InBev)
Notable Milestones in North America Malt Ingredients Market Sector
- 2021: Malteurop Malting Company invested in a new state-of-the-art malting facility in [Location], increasing production capacity by xx%.
- 2022: Group Soufflet and a craft brewery formed a strategic partnership for the development of a new specialty malt.
- 2023: Rahr Corporation launched a new line of organic malts, responding to increased consumer demand for sustainable products.
- 2024: Acquisition of [smaller malt producer] by [larger malt producer], consolidating market share in the [region] area.
- Ongoing: Multiple companies are implementing sustainability initiatives, including reducing water and energy consumption and obtaining relevant certifications.
In-Depth North America Malt Ingredients Market Market Outlook
The North America malt ingredients market is projected to experience robust growth over the forecast period. The convergence of growing consumer demand for craft beverages and specialty foods, coupled with continuous innovation in malting technology and sustainable practices, creates a fertile ground for market expansion. Strategic partnerships and M&A activities are likely to continue reshaping the competitive landscape, while the development of novel malt varieties tailored to specific applications will drive future market potential.
North America Malt Ingredients Market Segmentation
-
1. Source
- 1.1. Barley
- 1.2. Wheat
- 1.3. Other Sources
-
2. Application
- 2.1. Alcoholic beverages
- 2.2. Non-alcoholic beverages
- 2.3. Foods
- 2.4. Pharmaceuticals
- 2.5. Animal Feed
-
3. Geography
- 3.1. United States
- 3.2. Canada
- 3.3. Mexico
- 3.4. Rest of North America
North America Malt Ingredients Market Segmentation By Geography
- 1. United States
- 2. Canada
- 3. Mexico
- 4. Rest of North America

North America Malt Ingredients Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 8.60% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increased Consumption of Baked Goods; Demand for Indigenous Fermented Foods
- 3.3. Market Restrains
- 3.3.1. Potential Side-effects of Yeast
- 3.4. Market Trends
- 3.4.1. Growing Popularity of Craft Beer to Contribute Towards the Escalated Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Source
- 5.1.1. Barley
- 5.1.2. Wheat
- 5.1.3. Other Sources
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Alcoholic beverages
- 5.2.2. Non-alcoholic beverages
- 5.2.3. Foods
- 5.2.4. Pharmaceuticals
- 5.2.5. Animal Feed
- 5.3. Market Analysis, Insights and Forecast - by Geography
- 5.3.1. United States
- 5.3.2. Canada
- 5.3.3. Mexico
- 5.3.4. Rest of North America
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. United States
- 5.4.2. Canada
- 5.4.3. Mexico
- 5.4.4. Rest of North America
- 5.1. Market Analysis, Insights and Forecast - by Source
- 6. United States North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Source
- 6.1.1. Barley
- 6.1.2. Wheat
- 6.1.3. Other Sources
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Alcoholic beverages
- 6.2.2. Non-alcoholic beverages
- 6.2.3. Foods
- 6.2.4. Pharmaceuticals
- 6.2.5. Animal Feed
- 6.3. Market Analysis, Insights and Forecast - by Geography
- 6.3.1. United States
- 6.3.2. Canada
- 6.3.3. Mexico
- 6.3.4. Rest of North America
- 6.1. Market Analysis, Insights and Forecast - by Source
- 7. Canada North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Source
- 7.1.1. Barley
- 7.1.2. Wheat
- 7.1.3. Other Sources
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Alcoholic beverages
- 7.2.2. Non-alcoholic beverages
- 7.2.3. Foods
- 7.2.4. Pharmaceuticals
- 7.2.5. Animal Feed
- 7.3. Market Analysis, Insights and Forecast - by Geography
- 7.3.1. United States
- 7.3.2. Canada
- 7.3.3. Mexico
- 7.3.4. Rest of North America
- 7.1. Market Analysis, Insights and Forecast - by Source
- 8. Mexico North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Source
- 8.1.1. Barley
- 8.1.2. Wheat
- 8.1.3. Other Sources
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Alcoholic beverages
- 8.2.2. Non-alcoholic beverages
- 8.2.3. Foods
- 8.2.4. Pharmaceuticals
- 8.2.5. Animal Feed
- 8.3. Market Analysis, Insights and Forecast - by Geography
- 8.3.1. United States
- 8.3.2. Canada
- 8.3.3. Mexico
- 8.3.4. Rest of North America
- 8.1. Market Analysis, Insights and Forecast - by Source
- 9. Rest of North America North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Source
- 9.1.1. Barley
- 9.1.2. Wheat
- 9.1.3. Other Sources
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Alcoholic beverages
- 9.2.2. Non-alcoholic beverages
- 9.2.3. Foods
- 9.2.4. Pharmaceuticals
- 9.2.5. Animal Feed
- 9.3. Market Analysis, Insights and Forecast - by Geography
- 9.3.1. United States
- 9.3.2. Canada
- 9.3.3. Mexico
- 9.3.4. Rest of North America
- 9.1. Market Analysis, Insights and Forecast - by Source
- 10. United States North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 11. Canada North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 12. Mexico North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 13. Rest of North America North America Malt Ingredients Market Analysis, Insights and Forecast, 2019-2031
- 14. Competitive Analysis
- 14.1. Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 Group Soufflet
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Rahr Corporation
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Malteurop Malting Company
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Axereal
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 Simpsons Malt Limited
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Muntons PLC*List Not Exhaustive
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 GrainCorp Limited
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 Cargill Incorporated
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.9 Briess Malt & Ingredients Co.
- 14.2.9.1. Overview
- 14.2.9.2. Products
- 14.2.9.3. SWOT Analysis
- 14.2.9.4. Recent Developments
- 14.2.9.5. Financials (Based on Availability)
- 14.2.10 AB InBev (Anheuser-Busch InBev)
- 14.2.10.1. Overview
- 14.2.10.2. Products
- 14.2.10.3. SWOT Analysis
- 14.2.10.4. Recent Developments
- 14.2.10.5. Financials (Based on Availability)
- 14.2.1 Group Soufflet
List of Figures
- Figure 1: North America Malt Ingredients Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: North America Malt Ingredients Market Share (%) by Company 2024
List of Tables
- Table 1: North America Malt Ingredients Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: North America Malt Ingredients Market Volume K Tons Forecast, by Region 2019 & 2032
- Table 3: North America Malt Ingredients Market Revenue Million Forecast, by Source 2019 & 2032
- Table 4: North America Malt Ingredients Market Volume K Tons Forecast, by Source 2019 & 2032
- Table 5: North America Malt Ingredients Market Revenue Million Forecast, by Application 2019 & 2032
- Table 6: North America Malt Ingredients Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 7: North America Malt Ingredients Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 8: North America Malt Ingredients Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 9: North America Malt Ingredients Market Revenue Million Forecast, by Region 2019 & 2032
- Table 10: North America Malt Ingredients Market Volume K Tons Forecast, by Region 2019 & 2032
- Table 11: North America Malt Ingredients Market Revenue Million Forecast, by Country 2019 & 2032
- Table 12: North America Malt Ingredients Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 13: United States North America Malt Ingredients Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: United States North America Malt Ingredients Market Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 15: Canada North America Malt Ingredients Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Canada North America Malt Ingredients Market Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 17: Mexico North America Malt Ingredients Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Mexico North America Malt Ingredients Market Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 19: Rest of North America North America Malt Ingredients Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Rest of North America North America Malt Ingredients Market Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 21: North America Malt Ingredients Market Revenue Million Forecast, by Source 2019 & 2032
- Table 22: North America Malt Ingredients Market Volume K Tons Forecast, by Source 2019 & 2032
- Table 23: North America Malt Ingredients Market Revenue Million Forecast, by Application 2019 & 2032
- Table 24: North America Malt Ingredients Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 25: North America Malt Ingredients Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 26: North America Malt Ingredients Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 27: North America Malt Ingredients Market Revenue Million Forecast, by Country 2019 & 2032
- Table 28: North America Malt Ingredients Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 29: North America Malt Ingredients Market Revenue Million Forecast, by Source 2019 & 2032
- Table 30: North America Malt Ingredients Market Volume K Tons Forecast, by Source 2019 & 2032
- Table 31: North America Malt Ingredients Market Revenue Million Forecast, by Application 2019 & 2032
- Table 32: North America Malt Ingredients Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 33: North America Malt Ingredients Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 34: North America Malt Ingredients Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 35: North America Malt Ingredients Market Revenue Million Forecast, by Country 2019 & 2032
- Table 36: North America Malt Ingredients Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 37: North America Malt Ingredients Market Revenue Million Forecast, by Source 2019 & 2032
- Table 38: North America Malt Ingredients Market Volume K Tons Forecast, by Source 2019 & 2032
- Table 39: North America Malt Ingredients Market Revenue Million Forecast, by Application 2019 & 2032
- Table 40: North America Malt Ingredients Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 41: North America Malt Ingredients Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 42: North America Malt Ingredients Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 43: North America Malt Ingredients Market Revenue Million Forecast, by Country 2019 & 2032
- Table 44: North America Malt Ingredients Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 45: North America Malt Ingredients Market Revenue Million Forecast, by Source 2019 & 2032
- Table 46: North America Malt Ingredients Market Volume K Tons Forecast, by Source 2019 & 2032
- Table 47: North America Malt Ingredients Market Revenue Million Forecast, by Application 2019 & 2032
- Table 48: North America Malt Ingredients Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 49: North America Malt Ingredients Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 50: North America Malt Ingredients Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 51: North America Malt Ingredients Market Revenue Million Forecast, by Country 2019 & 2032
- Table 52: North America Malt Ingredients Market Volume K Tons Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Malt Ingredients Market?
The projected CAGR is approximately 8.60%.
2. Which companies are prominent players in the North America Malt Ingredients Market?
Key companies in the market include Group Soufflet, Rahr Corporation, Malteurop Malting Company, Axereal, Simpsons Malt Limited, Muntons PLC*List Not Exhaustive, GrainCorp Limited , Cargill, Incorporated , Briess Malt & Ingredients Co. , AB InBev (Anheuser-Busch InBev).
3. What are the main segments of the North America Malt Ingredients Market?
The market segments include Source, Application, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD 33500 Million as of 2022.
5. What are some drivers contributing to market growth?
Increased Consumption of Baked Goods; Demand for Indigenous Fermented Foods.
6. What are the notable trends driving market growth?
Growing Popularity of Craft Beer to Contribute Towards the Escalated Market Growth.
7. Are there any restraints impacting market growth?
Potential Side-effects of Yeast.
8. Can you provide examples of recent developments in the market?
Acquisitions and mergers to consolidate market share
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Malt Ingredients Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Malt Ingredients Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Malt Ingredients Market?
To stay informed about further developments, trends, and reports in the North America Malt Ingredients Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence