Research Methodology

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

·         Interview conducted with raw material suppliers & manufactures.

·        Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.

·         Interview conducted with market players, industry experts, & independent consultants.

Secondary Research Sources:

·      Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.

·    Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.

·    Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Maunufacturers (OICA).