Research Methodology on Organic Drinks Market
Introduction
Organic drinks are gaining popularity among consumers across the world due to their benefits like natural ingredients. The objective of the research conducted was to assess the market and study its progress over the forecasted period (2023-2030) and its key drivers and restraints. The global organic drinks market for organic non-alcoholic drinks, organic alcoholic drinks, and others was segmented based on type, distribution channel, and region.
Research Design and Methodology
This primary research was conducted to analyze the effect of factors driving, constraining, and offering opportunities in the organic drinks market. The research is primarily based on detailed interviews, current and historical market information, and current trends in the industry. It relies heavily on both primary and secondary sources.
Primary Research
Primary research was the primary focus of the research, and it was conducted by interviewing key personnel in the industry and the stakeholders of the organic drinks market. This method was chosen to understand the overall dynamics of the market in detail. The information obtained during the primary research was analyzed and combined with the secondary research in order to further validate and reinforce the data.
Secondary Research
Secondary research was also utilized to draw out comprehensive insights into the organic drinks market. Secondary sources such as industry reports, conferences, press releases, and white papers were used for citing external perspectives of the organic drinks industry to provide a holistic understanding of the market. The market overviews and volume and value data of the market were sourced from secondary sources, including the manufacturer and production organizations.
Data Collection
The data was collected by sending out questionnaires to the interviewees. The questionnaires were designed to obtain primary information from the respondents and to support the secondary research. The questionnaires also included open-ended and close-ended questions that aimed to elicit deeper responses about the market trends, opportunities, and challenges concerning organic drinks. The data was then analyzed thematically after the respondents were asked to provide their responses to the survey questions.
Data Analysis
Thematic analysis was used to analyse the qualitative data collected through the questionnaires. The responses from the thematic analysis were then supplemented by market sizing to help comprehend the full size, dynamics, and various parameters of the market. The collected data was then triangulated and cross-checked to make sure that the facts were in order and to draw appropriate conclusions.
Conclusion
The research on the organic drinks market was conducted using a blend of qualitative and quantitative research approaches, which brought together in-depth qualitative insights and quantitative data points to develop a comprehensive view of the market. The primary and secondary research provided validated insights into the market dynamics and offered a comprehensive outlook on the organic drinks market.