Global Menthol Market Status and Future Forecast Report 2015-2025
Report ID: 385956 | Jan 2020 | No. of Pages: 118 |
Snapshot
Menthol is an organic compound with the chemical formula C10H20O that occurs naturally in mint and some other plants. It can be extracted from the leaves by distillation, and it can be made synthetically. Pure menthol is a crystalline solid. The compound is widely used in cough and cold remedies because of its soothing effects and as a flavoring in candy, chewing gum, medical products and cigarettes. The data of the report is based on the menthol product with purity of 99%min. And other products in lower menthol purity have been converted in the equivalent of 100%.
The global Menthol market size is estimated at xxx million USD with a CAGR xx% from 2015-2019 and is expected to reach xxx Million USD in 2020 with a CAGR xx% from 2020 to 2025. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Menthol by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Natural Type
Synthetical Type
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
Agson Global
Symrise AG
Nantong Menthol Factory
Takasago
Tienyuan Chem
Arora Aromatics
Fengle Perfume
Swati Menthol & Allied Chem
Nectar Lifesciences
Bhagat Aromatics
KM Chemicals
Silverline Chemicals
Yinfeng Pharma
Great Nation Essential Oils
Xiangsheng Perfume
BASF
Ifan Chem
Mentha & Allied Products
Neeru Enterprises
Vinayak
Hindustan Mint&Agro Products
A.G. Industries
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Oral Hygiene
Pharmaceuticals
Tobacco
Confectionaries
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Table of Content

1 Industry Overview
1.1 Menthol Industry
Figure Menthol Industry Chain Structure
1.1.1 Overview
1.1.2 Development of Menthol
1.2 Market Segment
1.2.1 Upstream
Table Upstream Segment of Menthol
1.2.2 Downstream
Table Application Segment of Menthol
Table Global Menthol Market 2015-2025, by Application, in USD Million
1.3 Cost Analysis
2 Industry Environment (PEST Analysis)
2.1 Policy
2.2 Economics
2.3 Sociology
2.4 Technology
3 Menthol Market by Type
3.1 By Type
3.1.1 Natural Type
Table Major Company List of Natural Type
3.1.2 Synthetical Type
Table Major Company List of Synthetical Type
3.2 Market Size
Table Global Menthol Market 2015-2019, by Type, in USD Million
Figure Global Menthol Market Growth 2015-2019, by Type, in USD Million
Table Global Menthol Market 2015-2019, by Type, in Volume
Figure Global Menthol Market Growth 2015-2019, by Type, in Volume
3.3 Market Forecast
Table Global Menthol Market Forecast 2020-2025, by Type, in USD Million
Table Global Menthol Market Forecast 2020-2025, by Type, in Volume
4 Major Companies List
4.1 Agson Global (Company Profile, Sales Data etc.)
4.1.1 Agson Global Profile
Table Agson Global Overview List
4.1.2 Agson Global Products & Services
4.1.3 Agson Global Business Operation Conditions
Table Business Operation of Agson Global (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.2 Symrise AG (Company Profile, Sales Data etc.)
4.2.1 Symrise AG Profile
Table Symrise AG Overview List
4.2.2 Symrise AG Products & Services
4.2.3 Symrise AG Business Operation Conditions
Table Business Operation of Symrise AG (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.3 Nantong Menthol Factory (Company Profile, Sales Data etc.)
4.3.1 Nantong Menthol Factory Profile
Table Nantong Menthol Factory Overview List
4.3.2 Nantong Menthol Factory Products & Services
4.3.3 Nantong Menthol Factory Business Operation Conditions
Table Business Operation of Nantong Menthol Factory (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.4 Takasago (Company Profile, Sales Data etc.)
4.4.1 Takasago Profile
Table Takasago Overview List
4.4.2 Takasago Products & Services
4.4.3 Takasago Business Operation Conditions
Table Business Operation of Takasago (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.5 Tienyuan Chem (Company Profile, Sales Data etc.)
4.5.1 Tienyuan Chem Profile
Table Tienyuan Chem Overview List
4.5.2 Tienyuan Chem Products & Services
4.5.3 Tienyuan Chem Business Operation Conditions
Table Business Operation of Tienyuan Chem (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.6 Arora Aromatics (Company Profile, Sales Data etc.)
4.6.1 Arora Aromatics Profile
Table Arora Aromatics Overview List
4.6.2 Arora Aromatics Products & Services
4.6.3 Arora Aromatics Business Operation Conditions
Table Business Operation of Arora Aromatics (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.7 Fengle Perfume (Company Profile, Sales Data etc.)
4.7.1 Fengle Perfume Profile
Table Fengle Perfume Overview List
4.7.2 Fengle Perfume Products & Services
4.7.3 Fengle Perfume Business Operation Conditions
Table Business Operation of Fengle Perfume (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.8 Swati Menthol & Allied Chem (Company Profile, Sales Data etc.)
4.8.1 Swati Menthol & Allied Chem Profile
Table Swati Menthol & Allied Chem Overview List
4.8.2 Swati Menthol & Allied Chem Products & Services
4.8.3 Swati Menthol & Allied Chem Business Operation Conditions
Table Business Operation of Swati Menthol & Allied Chem (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.9 Nectar Lifesciences (Company Profile, Sales Data etc.)
4.9.1 Nectar Lifesciences Profile
Table Nectar Lifesciences Overview List
4.9.2 Nectar Lifesciences Products & Services
4.9.3 Nectar Lifesciences Business Operation Conditions
Table Business Operation of Nectar Lifesciences (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.10 Bhagat Aromatics (Company Profile, Sales Data etc.)
4.10.1 Bhagat Aromatics Profile
Table Bhagat Aromatics Overview List
4.10.2 Bhagat Aromatics Products & Services
4.10.3 Bhagat Aromatics Business Operation Conditions
Table Business Operation of Bhagat Aromatics (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.11 KM Chemicals (Company Profile, Sales Data etc.)
4.11.1 KM Chemicals Profile
Table KM Chemicals Overview List
4.11.2 KM Chemicals Products & Services
4.11.3 KM Chemicals Business Operation Conditions
Table Business Operation of KM Chemicals (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.12 Silverline Chemicals (Company Profile, Sales Data etc.)
4.12.1 Silverline Chemicals Profile
Table Silverline Chemicals Overview List
4.12.2 Silverline Chemicals Products & Services
4.12.3 Silverline Chemicals Business Operation Conditions
Table Business Operation of Silverline Chemicals (Sales Revenue, Cost, Gross Margin)
4.13 Yinfeng Pharma (Company Profile, Sales Data etc.)
4.13.1 Yinfeng Pharma Profile
Table Yinfeng Pharma Overview List
4.13.2 Yinfeng Pharma Products & Services
4.13.3 Yinfeng Pharma Business Operation Conditions
Table Business Operation of Yinfeng Pharma (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
4.14 Great Nation Essential Oils (Company Profile, Sales Data etc.)
4.14.1 Great Nation Essential Oils Profile
Table Great Nation Essential Oils Overview List
4.14.2 Great Nation Essential Oils Products & Services
4.14.3 Great Nation Essential Oils Business Operation Conditions
Table Business Operation of Great Nation Essential Oils (Sales Revenue, Cost, Gross Margin)
4.15 Xiangsheng Perfume (Company Profile, Sales Data etc.)
4.15.1 Xiangsheng Perfume Profile
Table Xiangsheng Perfume Overview List
4.15.2 Xiangsheng Perfume Products & Services
4.15.3 Xiangsheng Perfume Business Operation Conditions
Table Business Operation of Xiangsheng Perfume (Sales Revenue, Cost, Gross Margin)
4.16 BASF (Company Profile, Sales Data etc.)
4.16.1 BASF Profile
Table BASF Overview List
4.16.2 BASF Products & Services
4.16.3 BASF Business Operation Conditions
Table Business Operation of BASF (Sales Revenue, Cost, Gross Margin)
4.17 Ifan Chem (Company Profile, Sales Data etc.)
4.17.1 Ifan Chem Profile
Table Ifan Chem Overview List
4.17.2 Ifan Chem Products & Services
4.17.3 Ifan Chem Business Operation Conditions
Table Business Operation of Ifan Chem (Sales Revenue, Cost, Gross Margin)
4.18 Mentha & Allied Products (Company Profile, Sales Data etc.)
4.18.1 Mentha & Allied Products Profile
Table Mentha & Allied Products Overview List
4.18.2 Mentha & Allied Products Products & Services
4.18.3 Mentha & Allied Products Business Operation Conditions
Table Business Operation of Mentha & Allied Products (Sales Revenue, Cost, Gross Margin)
4.19 Neeru Enterprises (Company Profile, Sales Data etc.)
4.19.1 Neeru Enterprises Profile
Table Neeru Enterprises Overview List
4.19.2 Neeru Enterprises Products & Services
4.19.3 Neeru Enterprises Business Operation Conditions
Table Business Operation of Neeru Enterprises (Sales Revenue, Cost, Gross Margin)
4.20 Vinayak (Company Profile, Sales Data etc.)
4.20.1 Vinayak Profile
Table Vinayak Overview List
4.20.2 Vinayak Products & Services
4.20.3 Vinayak Business Operation Conditions
Table Business Operation of Vinayak (Sales Revenue, Cost, Gross Margin)
4.21 Hindustan Mint&Agro Products (Company Profile, Sales Data etc.)
4.21.1 Hindustan Mint&Agro Products Profile
Table Hindustan Mint&Agro Products Overview List
4.21.2 Hindustan Mint&Agro Products Products & Services
4.21.3 Hindustan Mint&Agro Products Business Operation Conditions
Table Business Operation of Hindustan Mint&Agro Products (Sales Revenue, Cost, Gross Margin)
4.22 A.G. Industries (Company Profile, Sales Data etc.)
4.22.1 A.G. Industries Profile
Table A.G. Industries Overview List
4.22.2 A.G. Industries Products & Services
4.22.3 A.G. Industries Business Operation Conditions
Table Business Operation of A.G. Industries (Sales Revenue, Cost, Gross Margin)
5 Market Competition
5.1 Company Competition
Table Global Menthol Sales Revenue 2015-2019, by Company, in USD Million
Table Global Menthol Sales Revenue Share 2015-2019, by Company, in USD Million
Figure Global Menthol Sales Revenue Share in 2019, by Company, in USD Million
Table Global Menthol Sales Volume 2015-2019, by Company, in Volume
Table Global Menthol Sales Volume Share 2015-2019, by Company, in Volume
Figure Global Menthol Sales Volume Share in 2019, by Company, in Volume
5.2 Regional Market by Company
Figure North America Menthol Market Concentration, in 2019
Figure Europe Menthol Market Market Concentration, in 2019
Figure Asia-Pacific Menthol MMarket Concentration, in 2019
Figure South America Menthol Market Concentration, in 2019
Figure Middle East & Africa Menthol Market Concentration, in 2019
6 Demand by End Market
6.1 Demand Situation
6.1.1 Demand in Oral Hygiene
Figure Menthol Demand in Oral Hygiene, 2015-2019, in USD Million
Figure Menthol Demand in Oral Hygiene, 2015-2019, in Volume
6.1.2 Demand in Pharmaceuticals
Figure Menthol Demand in Pharmaceuticals, 2015-2019, in USD Million
Figure Menthol Demand in Pharmaceuticals, 2015-2019, in Volume
6.1.3 Demand in Tobacco
Figure Menthol Demand in Tobacco, 2015-2019, in USD Million
Figure Menthol Demand in Tobacco, 2015-2019, in Volume
6.1.4 Demand in Confectionaries
Figure Menthol Demand in Confectionaries, 2015-2019, in USD Million
Figure Menthol Demand in Confectionaries, 2015-2019, in Volume
6.2 Regional Demand Comparison
Table Regional Demand Comparison List
Table Major Application in Different Regions
6.3 Demand Forecast
Table Menthol Demand Forecast 2020-2025, by Application, in USD Million
Figure Menthol Market Growth 2020-2025, by Application, in USD Million
Figure Menthol Market Share in 2025, by Application, in USD Million
Table Menthol Demand Forecast 2020-2025, by Application, in Volume
Table Menthol Market Growth 2020-2025, by Application, in Volume
Table Menthol Market Share in 2025, by Application, in Volume
7 Region Operation
7.1 Regional Production
Table Menthol Production 2015-2019, by Region, in USD Million
Table Menthol Production 2015-2019, by Region, in Volume
7.2 Regional Market
Table Global Menthol Market 2015-2019, by Region, in USD Million
Table Global Menthol Market Share 2015-2019, by Region, in USD Million
Table Global Menthol Market 2015-2019, by Region, in Volume
Table Global Menthol Market Share 2015-2019, by Region, in Volume
7.3 by Region
7.3.1 North America
7.3.1.1 Overview
Figure North America Menthol Market Size and Growth 2015-2019, in USD Million
Figure North America Menthol Market Size and Growth 2015-2019, in Volume
7.3.1.2 by Country (U.S., Canada, Mexico)
Table North America Menthol Market Size 2015-2019, by Country, in USD Million
Table North America Menthol Market Size 2015-2019, by Country, in Volume
7.3.2 Europe
7.3.2.1 Overview
Figure Europe Menthol Market Size and Growth 2015-2019, in USD Million
Figure Europe Menthol Market Size and Growth 2015-2019, in Volume
7.3.2.2 by Country (Germany, U.K., France, Italy, Russia, Spain etc.)
Table Europe Menthol Market Size 2015-2019, by Country, in USD Million
Table Europe Menthol Market Size 2015-2019, by Country, in Volume
7.3.3 Asia-Pacific
7.3.3.1 Overview
Figure Asia-Pacific Menthol Market Size and Growth 2015-2019, in USD Million
Figure Asia-Pacific Menthol Market Size and Growth 2015-2019, in Volume
7.3.3.2 by Country (China, India, Japan, Southeast Asia etc.)
Table Asia-Pacific Menthol Market Size 2015-2019, by Country, in USD Million
Table Asia-Pacific Menthol Market Size 2015-2019, by Country, in Volume
7.3.4 South America
7.3.4.1 Overview
Figure South America Menthol Market Size and Growth 2015-2019, in USD Million
Figure South America Menthol Market Size and Growth 2015-2019, in Volume
7.3.4.2 by Country (Brazil, Argentina etc.)
Table South America Menthol Market Size 2015-2019, by Country, in USD Million
Table South America Menthol Market Size 2015-2019, by Country, in Volume
7.3.5 Middle East & Africa
7.3.5.1 Overview
Figure Middle East & Africa Menthol Market Size and Growth 2015-2019, in USD Million
Figure Middle East & Africa Menthol Market Size and Growth 2015-2019, in Volume
7.3.5.2 by Country (Saudi Arabia, South Africa etc.)
Table Middle East & Africa Menthol Market Size 2015-2019, by Country, in USD Million
Table Middle East & Africa Menthol Market Size 2015-2019, by Country, in Volume
7.4 Regional Import & Export
7.5 Regional Forecast
Table Menthol Market Forecast 2020-2025, by Region, in USD Million
Table Menthol Market Forecast 2020-2025, by Region, in Volume
8 Marketing & Price
8.1 Price and Margin
8.1.1 Price Trends
8.1.2 Factors of Price Change
Table Price Factors List
8.1.3 Manufacturers Gross Margin Analysis
8.2 Marketing Channel
Figure Marketing Channels Overview
9 Research Conclusion

List of Table

List of Table

Table Upstream Segment of Menthol
Table Application Segment of Menthol
Table Global Menthol Market 2015-2025, by Application, in USD Million
Table Major Company List of Synthetical Type
Table Global Menthol Market 2015-2019, by Type, in USD Million
Table Global Menthol Market 2015-2019, by Type, in Volume
Table Global Menthol Market Forecast 2020-2025, by Type, in USD Million
Table Global Menthol Market Forecast 2020-2025, by Type, in Volume
Table Agson Global Overview List
Table Business Operation of Agson Global (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Symrise AG Overview List
Table Business Operation of Symrise AG (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Nantong Menthol Factory Overview List
Table Business Operation of Nantong Menthol Factory (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Takasago Overview List
Table Business Operation of Takasago (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Tienyuan Chem Overview List
Table Business Operation of Tienyuan Chem (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Arora Aromatics Overview List
Table Business Operation of Arora Aromatics (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Fengle Perfume Overview List
Table Business Operation of Fengle Perfume (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Swati Menthol & Allied Chem Overview List
Table Business Operation of Swati Menthol & Allied Chem (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Nectar Lifesciences Overview List
Table Business Operation of Nectar Lifesciences (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Bhagat Aromatics Overview List
Table Business Operation of Bhagat Aromatics (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table KM Chemicals Overview List
Table Business Operation of KM Chemicals (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Silverline Chemicals Overview List
Table Business Operation of Silverline Chemicals (Sales Revenue, Cost, Gross Margin)
Table Yinfeng Pharma Overview List
Table Business Operation of Yinfeng Pharma (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Great Nation Essential Oils Overview List
Table Business Operation of Great Nation Essential Oils (Sales Revenue, Cost, Gross Margin)
Table Xiangsheng Perfume Overview List
Table Business Operation of Xiangsheng Perfume (Sales Revenue, Cost, Gross Margin)
Table BASF Overview List
Table Business Operation of BASF (Sales Revenue, Cost, Gross Margin)
Table Ifan Chem Overview List
Table Business Operation of Ifan Chem (Sales Revenue, Cost, Gross Margin)
Table Mentha & Allied Products Overview List
Table Business Operation of Mentha & Allied Products (Sales Revenue, Cost, Gross Margin)
Table Neeru Enterprises Overview List
Table Business Operation of Neeru Enterprises (Sales Revenue, Cost, Gross Margin)
Table Vinayak Overview List
Table Business Operation of Vinayak (Sales Revenue, Cost, Gross Margin)
Table Hindustan Mint&Agro Products Overview List
Table Business Operation of Hindustan Mint&Agro Products (Sales Revenue, Cost, Gross Margin)
Table A.G. Industries Overview List
Table Business Operation of A.G. Industries (Sales Revenue, Cost, Gross Margin)
Table Global Menthol Sales Revenue 2015-2019, by Company, in USD Million
Table Global Menthol Sales Revenue Share 2015-2019, by Company, in USD Million
Table Global Menthol Sales Volume 2015-2019, by Company, in Volume
Table Global Menthol Sales Volume Share 2015-2019, by Company, in Volume
Table Regional Demand Comparison List
Table Major Application in Different Regions
Table Menthol Demand Forecast 2020-2025, by Application, in USD Million
Table Menthol Demand Forecast 2020-2025, by Application, in Volume
Table Menthol Market Growth 2020-2025, by Application, in Volume
Table Menthol Market Share in 2025, by Application, in Volume
Table Menthol Production 2015-2019, by Region, in USD Million
Table Menthol Production 2015-2019, by Region, in Volume
Table Global Menthol Market 2015-2019, by Region, in USD Million
Table Global Menthol Market Share 2015-2019, by Region, in USD Million
Table Global Menthol Market 2015-2019, by Region, in Volume
Table Global Menthol Market Share 2015-2019, by Region, in Volume
Table North America Menthol Market Size 2015-2019, by Country, in USD Million
Table North America Menthol Market Size 2015-2019, by Country, in Volume
Table Europe Menthol Market Size 2015-2019, by Country, in USD Million
Table Europe Menthol Market Size 2015-2019, by Country, in Volume
Table Asia-Pacific Menthol Market Size 2015-2019, by Country, in USD Million
Table Asia-Pacific Menthol Market Size 2015-2019, by Country, in Volume
Table South America Menthol Market Size 2015-2019, by Country, in USD Million
Table South America Menthol Market Size 2015-2019, by Country, in Volume
Table Middle East & Africa Menthol Market Size 2015-2019, by Country, in USD Million
Table Middle East & Africa Menthol Market Size 2015-2019, by Country, in Volume
Table Menthol Market Forecast 2020-2025, by Region, in USD Million
Table Menthol Market Forecast 2020-2025, by Region, in Volume
Table Price Factors List

List of Figure

Figure Menthol Industry Chain Structure
Figure Global Menthol Market Growth 2015-2019, by Type, in USD Million
Figure Global Menthol Market Growth 2015-2019, by Type, in Volume
Figure Global Menthol Sales Revenue Share in 2019, by Company, in USD Million
Figure Global Menthol Sales Volume Share in 2019, by Company, in Volume
Figure North America Menthol Market Concentration, in 2019
Figure Europe Menthol Market Market Concentration, in 2019
Figure Asia-Pacific Menthol MMarket Concentration, in 2019
Figure South America Menthol Market Concentration, in 2019
Figure Middle East & Africa Menthol Market Concentration, in 2019
Figure Menthol Demand in Oral Hygiene, 2015-2019, in USD Million
Figure Menthol Demand in Oral Hygiene, 2015-2019, in Volume
Figure Menthol Demand in Pharmaceuticals, 2015-2019, in USD Million
Figure Menthol Demand in Pharmaceuticals, 2015-2019, in Volume
Figure Menthol Demand in Tobacco, 2015-2019, in USD Million
Figure Menthol Demand in Tobacco, 2015-2019, in Volume
Figure Menthol Demand in Confectionaries, 2015-2019, in USD Million
Figure Menthol Demand in Confectionaries, 2015-2019, in Volume
Figure Menthol Market Growth 2020-2025, by Application, in USD Million
Figure Menthol Market Share in 2025, by Application, in USD Million
Figure North America Menthol Market Size and Growth 2015-2019, in USD Million
Figure North America Menthol Market Size and Growth 2015-2019, in Volume
Figure Europe Menthol Market Size and Growth 2015-2019, in USD Million
Figure Europe Menthol Market Size and Growth 2015-2019, in Volume
Figure Asia-Pacific Menthol Market Size and Growth 2015-2019, in USD Million
Figure Asia-Pacific Menthol Market Size and Growth 2015-2019, in Volume
Figure South America Menthol Market Size and Growth 2015-2019, in USD Million
Figure South America Menthol Market Size and Growth 2015-2019, in Volume
Figure Middle East & Africa Menthol Market Size and Growth 2015-2019, in USD Million
Figure Middle East & Africa Menthol Market Size and Growth 2015-2019, in Volume
Figure Marketing Channels Overview

1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. It provides a forward looking perspective on different factors driving or restraining market growth
3. It provides a ten-year forecast assessed on the basis of how the market is expected to grow
4. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segments

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