Key Insights
The Thailand vegetable seed market, valued at approximately 150 million USD in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.20% from 2025 to 2033. This expansion is fueled by several key drivers. Increasing consumer demand for fresh produce, driven by a growing health-conscious population and rising disposable incomes, is a major catalyst. Furthermore, the government's initiatives promoting agricultural modernization and improved farming techniques are fostering market growth. The rising adoption of advanced breeding technologies like hybrids, enhancing crop yields and disease resistance, contributes significantly. The shift towards protected cultivation, offering better crop control and increased productivity, also plays a crucial role. While factors such as fluctuating weather patterns and potential input cost increases pose challenges, the overall market outlook remains positive.
Market segmentation reveals a diverse landscape. Brassicas and cucurbits dominate the crop family segment, reflecting the popularity of these vegetables in Thai cuisine. Hybrid seeds hold a significant share in the breeding technology segment due to their superior performance. Open field cultivation remains the prevalent method, although protected cultivation is gradually gaining traction, particularly among larger-scale commercial growers. Key players like Lion Seeds Co Ltd, Groupe Limagrain, and Rijk Zwaan Zaadteelt en Zaadhandel BV are driving innovation and competition within the market, constantly developing improved varieties and expanding their distribution networks. The continued focus on enhancing seed quality, exploring innovative cultivation practices, and leveraging technological advancements will shape the future trajectory of the Thailand vegetable seed market.

Thailand Vegetable Seed Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Thailand vegetable seed market, offering invaluable insights for industry professionals, investors, and stakeholders. With a focus on market structure, dynamics, and future trends, this report covers the period from 2019 to 2033, with a base year of 2025 and a forecast period of 2025-2033. The market is segmented by crop family (Brassicas, Solanaceae, Cucurbits, Roots & Bulbs), breeding technology (Hybrids, Open Pollinated Varieties, Hybrid Derivatives), and cultivation mechanism (Open Field, Protected Cultivation), providing a granular understanding of market size and growth potential. The report also analyzes key players, including Lion Seeds Co Ltd, Groupe Limagrain, Rijk Zwaan Zaadteelt en Zaadhandel BV, East-West Seed, Charoen Pokphand Group (CP Group), Enza Zaden, Syngenta Group, Known You Seed Co LTD, and Acsen HyVeg Pvt Ltd, and examines recent industry developments. The total market size is projected to reach xx Million by 2033.
Thailand Vegetable Seed Market Market Structure & Innovation Trends
This section analyzes the competitive landscape of the Thailand vegetable seed market, encompassing market concentration, innovation drivers, regulatory frameworks, product substitutes, end-user demographics, and mergers and acquisitions (M&A) activities. The market exhibits a moderately concentrated structure, with a few major players holding significant market share. East-West Seed and CP Group are estimated to hold a combined xx% market share in 2025, while other significant players like Rijk Zwaan, Enza Zaden and Syngenta contribute significantly to the remaining share. Innovation is driven primarily by the demand for high-yielding, disease-resistant varieties and improved breeding technologies. Regulatory frameworks, while generally supportive of agricultural growth, present some challenges related to seed certification and import regulations. The major product substitute is the use of seeds saved from previous harvests, which poses a threat to the commercial seed market, especially among smaller farmers. The end-user demographic is diverse, including large-scale commercial farms, smallholder farmers, and individual gardeners. The M&A landscape in the recent period has been relatively active, driven by strategies for portfolio expansion and technological advancement. For instance, Enza Zaden's recent acquisition of a carrot breeding program (July 2023) indicates a strategic consolidation trend within the industry. The value of such deals is typically in the range of xx Million to xx Million.

Thailand Vegetable Seed Market Market Dynamics & Trends
The Thailand vegetable seed market is projected to witness a CAGR of xx% during the forecast period (2025-2033), driven by several key factors. Increasing consumer demand for fresh vegetables, coupled with the rising adoption of modern farming practices, fuels market growth. Technological advancements in breeding technologies, leading to the development of disease-resistant, high-yielding varieties, play a pivotal role. Consumer preferences are shifting towards organically grown vegetables and varieties with improved nutritional profiles, creating new opportunities for seed companies. Intense competition among major players necessitates continuous innovation and investment in research and development. The market penetration of hybrid seeds is steadily growing, surpassing xx% in 2025, owing to their superior yield and quality. However, challenges such as climate change, water scarcity, and fluctuating prices of agricultural inputs may impact overall growth.

Dominant Regions & Segments in Thailand Vegetable Seed Market
Thailand's Central region reigns supreme in the vegetable seed market, fueled by its advantageous climate, sophisticated agricultural infrastructure, and a high concentration of commercial farms. However, the Northeast and Southern regions present significant untapped potential, poised for growth with strategic investments in irrigation and infrastructure modernization. This expansion will likely be driven by increasing consumer demand for fresh produce and the government's focus on improving agricultural output.
- Key Drivers for Central Region Dominance:
- Highly developed agricultural infrastructure, including efficient irrigation systems and transportation networks.
- Significant concentration of large-scale commercial farms with access to advanced technologies and skilled labor.
- Favorable climatic conditions conducive to year-round vegetable cultivation.
- Robust government support for agricultural development through subsidies, research funding, and extension services.
- Access to advanced technologies, including precision farming techniques and data-driven decision-making tools.
Analyzing the market segmentation reveals the Hybrid breeding technology segment as the largest and fastest-growing, outpacing open-pollinated varieties due to its superior yields and enhanced disease resistance. The Solanaceae family (tomatoes, peppers, eggplants) holds a dominant market share, reflecting strong consumer demand. While Open Field cultivation remains the primary method, protected cultivation is rapidly gaining traction, driven by its ability to deliver higher quality and yields, even during challenging weather conditions. This shift is particularly noticeable in premium vegetable segments.
Thailand Vegetable Seed Market Product Innovations
Recent product developments in the Thailand vegetable seed market highlight a strong focus on disease resistance, improved yields, and enhanced nutritional value. Companies are leveraging advanced breeding technologies to develop hybrids and open-pollinated varieties that meet the growing demand for high-quality produce. Technological trends include the use of molecular markers for efficient breeding and precision farming techniques to optimize seed usage and improve crop management. The market fit for these innovations is largely positive, as farmers seek improved productivity and profitability in a competitive environment.
Report Scope & Segmentation Analysis
This report comprehensively analyzes the Thailand vegetable seed market, segmented by:
Crop Family: Brassicas (e.g., cabbage, broccoli, cauliflower), Solanaceae (e.g., tomatoes, peppers, eggplants), Cucurbits (e.g., cucumbers, melons, squash), Other Roots & Bulbs (e.g., carrots, onions) and Unclassified Vegetables. Each segment is analyzed in terms of market size, growth rate, and competitive dynamics. The Brassicas segment shows consistent growth due to high consumer demand.
Breeding Technology: Hybrids, Open Pollinated Varieties, and Hybrid Derivatives. Hybrids demonstrate higher growth rates due to their superior traits.
Cultivation Mechanism: Open Field and Protected Cultivation. Protected cultivation is experiencing rapid growth.
Key Drivers of Thailand Vegetable Seed Market Growth
The expansion of Thailand's vegetable seed market is fueled by several key factors. The rising demand for both fresh and processed vegetables necessitates high-yielding, disease-resistant seeds. Government initiatives promoting agricultural modernization, including investments in research and development of improved breeding techniques, are significantly boosting crop productivity. Moreover, the increasing adoption of protected cultivation methods is enhancing crop quality and yield, further stimulating demand. The growth of the food processing industry also contributes significantly to the demand for specific vegetable varieties suitable for processing.
Challenges in the Thailand Vegetable Seed Market Sector
Despite its growth potential, the Thailand vegetable seed market faces several hurdles. Climate change and unpredictable weather patterns pose significant risks to crop production, leading to yield variability and impacting farmers' income. The high cost of seed production and distribution presents affordability challenges for smallholder farmers, limiting their access to improved seed varieties. Intense competition among seed companies creates pricing pressures, impacting profitability. The proliferation of counterfeit seeds undermines market transparency and profitability for legitimate businesses. These factors collectively contribute to an estimated annual market value reduction of xx Million.
Emerging Opportunities in Thailand Vegetable Seed Market
The Thailand vegetable seed market presents several opportunities. The growing demand for organic and specialty vegetable seeds creates a niche market for premium products. The development of disease-resistant varieties using advanced breeding technologies holds promise for greater crop yields. Moreover, the expansion of e-commerce platforms offers greater access to seed markets for both producers and consumers.
Leading Players in the Thailand Vegetable Seed Market Market
- Lion Seeds Co Ltd
- Groupe Limagrain
- Rijk Zwaan Zaadteelt en Zaadhandel BV
- East-West Seed
- Charoen Pokphand Group (CP Group)
- Enza Zaden
- Syngenta Group
- Known You Seed Co LTD
- Acsen HyVeg Pvt Ltd
Key Developments in Thailand Vegetable Seed Market Industry
- July 2023: Enza Zaden expanded its product portfolio through the acquisition of Carosem's carrot breeding program.
- July 2023: Enza Zaden introduced new lettuce varieties exhibiting high resistance to three new Bremia lactucae races (Bl: 38EU, Bl: 39EU, and Bl: 40EU), addressing a significant disease challenge.
- May 2023: Enza Zaden launched a new line of HREZ tomato varieties resistant to ToBRFV, a devastating tomato virus.
- [Add other relevant recent developments here with dates and brief descriptions]
Future Outlook for Thailand Vegetable Seed Market Market
The future of the Thailand vegetable seed market appears promising, driven by sustained demand for high-quality vegetables, continuous advancements in seed breeding technologies, and supportive government policies aimed at advancing agricultural development. Further investments in research and development, combined with strategic partnerships and acquisitions, will further shape the market's trajectory. The market is projected to experience consistent growth, with the potential for accelerated expansion if the aforementioned challenges are effectively mitigated through collaborative efforts between the government, seed companies, and farmers.
Thailand Vegetable Seed Market Segmentation
-
1. Breeding Technology
- 1.1. Hybrids
- 1.2. Open Pollinated Varieties & Hybrid Derivatives
-
2. Cultivation Mechanism
- 2.1. Open Field
- 2.2. Protected Cultivation
-
3. Crop Family
-
3.1. Brassicas
- 3.1.1. Cabbage
- 3.1.2. Carrot
- 3.1.3. Cauliflower & Broccoli
- 3.1.4. Other Brassicas
-
3.2. Cucurbits
- 3.2.1. Cucumber & Gherkin
- 3.2.2. Pumpkin & Squash
- 3.2.3. Other Cucurbits
-
3.3. Roots & Bulbs
- 3.3.1. Garlic
- 3.3.2. Onion
- 3.3.3. Potato
- 3.3.4. Other Roots & Bulbs
-
3.4. Solanaceae
- 3.4.1. Chilli
- 3.4.2. Eggplant
- 3.4.3. Tomato
- 3.4.4. Other Solanaceae
-
3.5. Unclassified Vegetables
- 3.5.1. Asparagus
- 3.5.2. Lettuce
- 3.5.3. Peas
- 3.5.4. Other Unclassified Vegetables
-
3.1. Brassicas
-
4. Breeding Technology
- 4.1. Hybrids
- 4.2. Open Pollinated Varieties & Hybrid Derivatives
-
5. Cultivation Mechanism
- 5.1. Open Field
- 5.2. Protected Cultivation
-
6. Crop Family
-
6.1. Brassicas
- 6.1.1. Cabbage
- 6.1.2. Carrot
- 6.1.3. Cauliflower & Broccoli
- 6.1.4. Other Brassicas
-
6.2. Cucurbits
- 6.2.1. Cucumber & Gherkin
- 6.2.2. Pumpkin & Squash
- 6.2.3. Other Cucurbits
-
6.3. Roots & Bulbs
- 6.3.1. Garlic
- 6.3.2. Onion
- 6.3.3. Potato
- 6.3.4. Other Roots & Bulbs
-
6.4. Solanaceae
- 6.4.1. Chilli
- 6.4.2. Eggplant
- 6.4.3. Tomato
- 6.4.4. Other Solanaceae
-
6.5. Unclassified Vegetables
- 6.5.1. Asparagus
- 6.5.2. Lettuce
- 6.5.3. Peas
- 6.5.4. Other Unclassified Vegetables
-
6.1. Brassicas
Thailand Vegetable Seed Market Segmentation By Geography
- 1. Thailand

Thailand Vegetable Seed 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 5.20% 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. Adoption of Organic and Eco-friendly Farming Practices; Declining Area of Arable Land and Rising Food Security Concerns
- 3.3. Market Restrains
- 3.3.1. High Demand for Conventional and Synthetic Products; Lack of Awareness and Other Factors Limiting the Adoption of Agricultural Inoculants
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 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. Thailand Vegetable Seed Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Breeding Technology
- 5.1.1. Hybrids
- 5.1.2. Open Pollinated Varieties & Hybrid Derivatives
- 5.2. Market Analysis, Insights and Forecast - by Cultivation Mechanism
- 5.2.1. Open Field
- 5.2.2. Protected Cultivation
- 5.3. Market Analysis, Insights and Forecast - by Crop Family
- 5.3.1. Brassicas
- 5.3.1.1. Cabbage
- 5.3.1.2. Carrot
- 5.3.1.3. Cauliflower & Broccoli
- 5.3.1.4. Other Brassicas
- 5.3.2. Cucurbits
- 5.3.2.1. Cucumber & Gherkin
- 5.3.2.2. Pumpkin & Squash
- 5.3.2.3. Other Cucurbits
- 5.3.3. Roots & Bulbs
- 5.3.3.1. Garlic
- 5.3.3.2. Onion
- 5.3.3.3. Potato
- 5.3.3.4. Other Roots & Bulbs
- 5.3.4. Solanaceae
- 5.3.4.1. Chilli
- 5.3.4.2. Eggplant
- 5.3.4.3. Tomato
- 5.3.4.4. Other Solanaceae
- 5.3.5. Unclassified Vegetables
- 5.3.5.1. Asparagus
- 5.3.5.2. Lettuce
- 5.3.5.3. Peas
- 5.3.5.4. Other Unclassified Vegetables
- 5.3.1. Brassicas
- 5.4. Market Analysis, Insights and Forecast - by Breeding Technology
- 5.4.1. Hybrids
- 5.4.2. Open Pollinated Varieties & Hybrid Derivatives
- 5.5. Market Analysis, Insights and Forecast - by Cultivation Mechanism
- 5.5.1. Open Field
- 5.5.2. Protected Cultivation
- 5.6. Market Analysis, Insights and Forecast - by Crop Family
- 5.6.1. Brassicas
- 5.6.1.1. Cabbage
- 5.6.1.2. Carrot
- 5.6.1.3. Cauliflower & Broccoli
- 5.6.1.4. Other Brassicas
- 5.6.2. Cucurbits
- 5.6.2.1. Cucumber & Gherkin
- 5.6.2.2. Pumpkin & Squash
- 5.6.2.3. Other Cucurbits
- 5.6.3. Roots & Bulbs
- 5.6.3.1. Garlic
- 5.6.3.2. Onion
- 5.6.3.3. Potato
- 5.6.3.4. Other Roots & Bulbs
- 5.6.4. Solanaceae
- 5.6.4.1. Chilli
- 5.6.4.2. Eggplant
- 5.6.4.3. Tomato
- 5.6.4.4. Other Solanaceae
- 5.6.5. Unclassified Vegetables
- 5.6.5.1. Asparagus
- 5.6.5.2. Lettuce
- 5.6.5.3. Peas
- 5.6.5.4. Other Unclassified Vegetables
- 5.6.1. Brassicas
- 5.7. Market Analysis, Insights and Forecast - by Region
- 5.7.1. Thailand
- 5.1. Market Analysis, Insights and Forecast - by Breeding Technology
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Lion Seeds Co Ltd
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Groupe Limagrain
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Rijk Zwaan Zaadteelt en Zaadhandel BV
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 East-West Seed
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Charoen Pokphand Group (CP Group)
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Enza Zaden
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Syngenta Grou
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Known You Seed Co LTD
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Acsen HyVeg Pvt Ltd
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.1 Lion Seeds Co Ltd
List of Figures
- Figure 1: Thailand Vegetable Seed Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Thailand Vegetable Seed Market Share (%) by Company 2024
List of Tables
- Table 1: Thailand Vegetable Seed Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Thailand Vegetable Seed Market Revenue Million Forecast, by Breeding Technology 2019 & 2032
- Table 3: Thailand Vegetable Seed Market Revenue Million Forecast, by Cultivation Mechanism 2019 & 2032
- Table 4: Thailand Vegetable Seed Market Revenue Million Forecast, by Crop Family 2019 & 2032
- Table 5: Thailand Vegetable Seed Market Revenue Million Forecast, by Breeding Technology 2019 & 2032
- Table 6: Thailand Vegetable Seed Market Revenue Million Forecast, by Cultivation Mechanism 2019 & 2032
- Table 7: Thailand Vegetable Seed Market Revenue Million Forecast, by Crop Family 2019 & 2032
- Table 8: Thailand Vegetable Seed Market Revenue Million Forecast, by Region 2019 & 2032
- Table 9: Thailand Vegetable Seed Market Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Thailand Vegetable Seed Market Revenue Million Forecast, by Breeding Technology 2019 & 2032
- Table 11: Thailand Vegetable Seed Market Revenue Million Forecast, by Cultivation Mechanism 2019 & 2032
- Table 12: Thailand Vegetable Seed Market Revenue Million Forecast, by Crop Family 2019 & 2032
- Table 13: Thailand Vegetable Seed Market Revenue Million Forecast, by Breeding Technology 2019 & 2032
- Table 14: Thailand Vegetable Seed Market Revenue Million Forecast, by Cultivation Mechanism 2019 & 2032
- Table 15: Thailand Vegetable Seed Market Revenue Million Forecast, by Crop Family 2019 & 2032
- Table 16: Thailand Vegetable Seed Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Thailand Vegetable Seed Market?
The projected CAGR is approximately 5.20%.
2. Which companies are prominent players in the Thailand Vegetable Seed Market?
Key companies in the market include Lion Seeds Co Ltd, Groupe Limagrain, Rijk Zwaan Zaadteelt en Zaadhandel BV, East-West Seed, Charoen Pokphand Group (CP Group), Enza Zaden, Syngenta Grou, Known You Seed Co LTD, Acsen HyVeg Pvt Ltd.
3. What are the main segments of the Thailand Vegetable Seed Market?
The market segments include Breeding Technology, Cultivation Mechanism, Crop Family, Breeding Technology, Cultivation Mechanism, Crop Family.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Adoption of Organic and Eco-friendly Farming Practices; Declining Area of Arable Land and Rising Food Security Concerns.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
High Demand for Conventional and Synthetic Products; Lack of Awareness and Other Factors Limiting the Adoption of Agricultural Inoculants.
8. Can you provide examples of recent developments in the market?
July 2023: Enza Zaden acquired the carrot breeding program from the German company Carosem. This strategic acquisition aims to expand Enza Zaden's product portfolio by incorporating carrot seeds with several commercial varieties and inventories.July 2023: Enza Zaden introduced new lettuce varieties that exhibit high resistance to three new Bermian races, namely, Bl: 38EU, Bl: 39EU, and Bl: 40EU. The new lettuce varieties not only offer high resistance to these races but also have the capability to grow in various soil types while still achieving high yields.May 2023: Enza Zaden launched a new line of HREZ tomato varieties that are highly resistant to the tomato brown rugose fruit virus (ToBRFV) and deliver exceptional taste, yield, and quality. The HREZ tomatoes are available in various types, including Roma, Beef, Grape, Cherry, and Cocktail.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 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.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Thailand Vegetable Seed 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 Thailand Vegetable Seed 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 Thailand Vegetable Seed Market?
To stay informed about further developments, trends, and reports in the Thailand Vegetable Seed 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