Meticulous Research's® consultants received a study scope from the client. As per the study scope, the client was majorly interested in knowing market opportunities for analyte-specific reagents in IVD manufacturing.
Problem Statement
A healthy snack food products manufacturer needed to understand the market opportunities for grain-based snack products and substrates used to produce these snacks in different countries. The Meticulous Team confirmed this when they worked a case about the alternative substrate market.
The client wanted to develop plant-based protein products. For this, the company wanted to identify the top ten crops with their availability to utilize them as a sustainable plant-based protein ingredient for new product development in various countries across the globe. In recent years, the plant-based products market is registering wider traction with an increasing intolerance for animal protein, growing urbanization, increasing vegan population, and significant venture investments in plant-based products. Thus, the client wanted to expand its plant-based snack foods production by considering these trends. This information helped the client to identify the potential plant-based protein source and thereby develop a business strategy accordingly.
