Key Insights
The Indonesian feed additives market, valued at approximately $XX million in 2025 (estimated based on provided CAGR and market trends), is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 4.50% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, the increasing demand for animal protein in Indonesia's growing population is driving higher livestock production, consequently increasing the demand for feed additives to enhance animal health, productivity, and feed efficiency. Secondly, the rising awareness among farmers regarding the benefits of using feed additives—such as improved feed conversion ratios and reduced disease incidence—is further bolstering market growth. Furthermore, government initiatives promoting sustainable and efficient livestock farming practices are indirectly contributing to the market's expansion. However, the market faces certain restraints, including price volatility of raw materials and potential regulatory hurdles related to the use of specific additives. Market segmentation reveals significant contributions from acidifiers within the additive category and strong demand across various animal segments, including ruminants, swine, and aquaculture. Key players like Solvay S.A., Nutreco NV, and DSM are actively competing in this dynamic market, focusing on product innovation and strategic partnerships to maintain their market positions.
The Indonesian feed additives market is segmented by additive type (acidifiers being a prominent segment), animal type (ruminants, swine, aquaculture, and others), and region (with Indonesia as the focus). The market's growth is anticipated to be driven by the increasing Indonesian population's demand for animal protein, leading to heightened livestock production. Moreover, the rising adoption of improved farming techniques and government support for efficient agriculture contribute positively to market growth. However, fluctuating raw material costs and potential regulatory changes pose challenges. Competition within the market is intense, with global and regional players vying for market share through product diversification and strategic collaborations. Future growth will depend on continued economic development in Indonesia, advancements in feed additive technology, and the regulatory landscape surrounding feed additive usage. The forecast period of 2025-2033 presents a considerable window for further market expansion and potential for new entrants to establish themselves.

Indonesia Feed Additives Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the Indonesia Feed Additives Market, offering invaluable insights for industry stakeholders. From market dynamics and leading players to emerging opportunities and future forecasts, this report covers all key aspects of this rapidly evolving sector. With a detailed study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report is an essential resource for informed decision-making. The market size in 2025 is estimated at xx Million.
Indonesia Feed Additives Market Market Dynamics & Concentration
The Indonesia Feed Additives Market is characterized by a moderately concentrated landscape, with key players like Solvay S.A., SHV (Nutreco NV), and DSM Nutritional Products AG holding significant market share. The market's dynamics are driven by several factors, including increasing demand for animal protein, stringent government regulations on feed safety and quality, and the growing adoption of technologically advanced feed additives. Innovation in areas such as probiotics, prebiotics, and mycotoxin binders is fuelling market growth. The regulatory framework, while evolving, presents both opportunities and challenges, with ongoing efforts to standardize feed additive production and usage. Product substitution, particularly with natural alternatives, is a developing trend. End-user preferences are shifting toward cost-effective, high-performance additives with enhanced animal health and productivity benefits. Mergers and acquisitions (M&A) activity has been moderate, with xx M&A deals recorded between 2019 and 2024, contributing to market consolidation. The estimated market share of the top 5 players in 2025 is approximately xx%.
Indonesia Feed Additives Market Industry Trends & Analysis
The Indonesia Feed Additives Market exhibits a robust Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is primarily driven by several factors. The increasing demand for animal protein, fuelled by a growing population and rising per capita income, is a significant market driver. Technological disruptions, such as the introduction of novel feed additives with improved efficacy and sustainability, are also contributing to market expansion. Consumer preferences are increasingly focused on animal welfare and sustainable farming practices, leading to a higher demand for additives that promote animal health and reduce environmental impact. Competitive dynamics are intense, with major players focusing on product innovation, strategic partnerships, and expanding their distribution networks to gain market share. Market penetration of advanced feed additives like probiotics and prebiotics is expected to increase significantly, reaching approximately xx% by 2033. The historical period (2019-2024) showcased a CAGR of xx%, setting the stage for the robust growth predicted in the forecast period.

Leading Markets & Segments in Indonesia Feed Additives Market
Within the Indonesia Feed Additives Market, the Swine segment currently dominates, accounting for approximately xx% of the total market in 2025. This dominance is attributable to several factors.
- High Swine Population: Indonesia has a large and growing swine population, providing a substantial market for feed additives.
- Intensive Farming Practices: The prevalence of intensive farming systems necessitates the use of feed additives to optimize animal health and productivity.
- Government Support: Government initiatives to support the growth of the swine industry indirectly boost demand for feed additives.
The Aquaculture segment is also showing strong growth potential, with a projected CAGR of xx% during the forecast period. Key drivers for this growth include:
- Growing Aquaculture Industry: The aquaculture industry in Indonesia is expanding rapidly, driven by increasing demand for seafood.
- Technological Advancements: Innovations in aquaculture feed technology are creating new opportunities for feed additives.
- Government Investment: Government investment in aquaculture infrastructure and technology is fostering industry growth.
While other ruminants and other animal segments contribute significantly, they are expected to witness comparatively lower growth rates compared to swine and aquaculture in the forecast period.
Indonesia Feed Additives Market Product Developments
Recent product developments in the Indonesian feed additives market are heavily focused on enhancing animal health, improving feed efficiency, and addressing environmental concerns. New generation probiotics and prebiotics are gaining traction, along with advanced mycotoxin binders and acidifiers tailored for specific animal species. These innovations leverage technological advancements in microbiology, biotechnology, and nanotechnology to deliver superior performance and address the evolving needs of the Indonesian livestock and aquaculture industries. The market sees a strong trend towards natural and sustainable additives, aligning with consumer preferences for environmentally friendly and ethically sourced animal products.
Key Drivers of Indonesia Feed Additives Market Growth
Several factors are driving the growth of the Indonesia Feed Additives Market. Firstly, the increasing demand for animal protein from a burgeoning population fuels the need for efficient and cost-effective animal feed solutions. Secondly, rising disposable incomes allow consumers to afford more animal products, further boosting demand. Thirdly, technological advancements in additive formulation and delivery systems enhance product efficacy and create new market opportunities. Lastly, government regulations promoting animal health and welfare indirectly create demand for higher quality, performance-enhancing feed additives.
Challenges in the Indonesia Feed Additives Market Market
The Indonesia Feed Additives Market faces several challenges. Fluctuations in raw material prices, particularly for imported ingredients, can impact the profitability of feed additive manufacturers. The complex and evolving regulatory landscape presents hurdles for new entrants and necessitates continuous adaptation by existing players. Furthermore, intense competition from both domestic and international companies necessitates a focus on innovation and cost efficiency to maintain a competitive edge. The market is also susceptible to supply chain disruptions that can impact production and distribution.
Emerging Opportunities in Indonesia Feed Additives Market
The Indonesia Feed Additives Market presents several promising opportunities. Growing consumer awareness of the importance of animal health and welfare is creating demand for premium, high-quality feed additives. Strategic partnerships between feed additive manufacturers and livestock/aquaculture producers can facilitate product development and market access. Expanding into niche segments, such as organic or specialty animal feeds, offers potential for growth. Further, technological breakthroughs in areas like precision feeding and personalized nutrition provide exciting possibilities for the future.
Leading Players in the Indonesia Feed Additives Market Sector
- Solvay S.A.
- SHV (Nutreco NV)
- Brenntag SE
- DSM Nutritional Products AG
- Novus International Inc
- Kemin Industries
- Ajinomoto Co Inc
- Archer Daniel Midland Co
- BASF SE
- Cargill Inc
Key Milestones in Indonesia Feed Additives Market Industry
- July 2022: Kemin Industries introduced Enterosure probiotic products to control pathogenic bacteria in poultry and livestock. This launch expanded the company's product portfolio and addressed a significant market need for improved animal health solutions.
- November 2022: Kemin Industries launched Toxfin Care, a mycotoxin binder, strengthening its position in the market by providing a solution to a critical challenge in feed safety and animal productivity.
- January 2023: Novus International's acquisition of Agrivida expanded its research and development capabilities, potentially leading to the development of innovative and high-performance feed additives in the future.
Strategic Outlook for Indonesia Feed Additives Market Market
The Indonesia Feed Additives Market holds immense potential for growth driven by increasing demand for animal protein, technological advancements, and a growing focus on animal health and welfare. Strategic partnerships, product diversification, and investments in research and development will be critical for companies to capitalize on this growth. A focus on sustainable and environmentally friendly solutions will also become increasingly important in shaping the future of the market.
Indonesia Feed Additives Market Segmentation
-
1. Additive
-
1.1. Acidifiers
-
1.1.1. By Sub Additive
- 1.1.1.1. Fumaric Acid
- 1.1.1.2. Lactic Acid
- 1.1.1.3. Propionic Acid
- 1.1.1.4. Other Acidifiers
-
1.1.1. By Sub Additive
-
1.2. Amino Acids
- 1.2.1. Lysine
- 1.2.2. Methionine
- 1.2.3. Threonine
- 1.2.4. Tryptophan
- 1.2.5. Other Amino Acids
-
1.3. Antibiotics
- 1.3.1. Bacitracin
- 1.3.2. Penicillins
- 1.3.3. Tetracyclines
- 1.3.4. Tylosin
- 1.3.5. Other Antibiotics
-
1.4. Antioxidants
- 1.4.1. Butylated Hydroxyanisole (BHA)
- 1.4.2. Butylated Hydroxytoluene (BHT)
- 1.4.3. Citric Acid
- 1.4.4. Ethoxyquin
- 1.4.5. Propyl Gallate
- 1.4.6. Tocopherols
- 1.4.7. Other Antioxidants
-
1.5. Binders
- 1.5.1. Natural Binders
- 1.5.2. Synthetic Binders
-
1.6. Enzymes
- 1.6.1. Carbohydrases
- 1.6.2. Phytases
- 1.6.3. Other Enzymes
- 1.7. Flavors & Sweeteners
-
1.8. Minerals
- 1.8.1. Macrominerals
- 1.8.2. Microminerals
-
1.9. Mycotoxin Detoxifiers
- 1.9.1. Biotransformers
-
1.10. Phytogenics
- 1.10.1. Essential Oil
- 1.10.2. Herbs & Spices
- 1.10.3. Other Phytogenics
-
1.11. Pigments
- 1.11.1. Carotenoids
- 1.11.2. Curcumin & Spirulina
-
1.12. Prebiotics
- 1.12.1. Fructo Oligosaccharides
- 1.12.2. Galacto Oligosaccharides
- 1.12.3. Inulin
- 1.12.4. Lactulose
- 1.12.5. Mannan Oligosaccharides
- 1.12.6. Xylo Oligosaccharides
- 1.12.7. Other Prebiotics
-
1.13. Probiotics
- 1.13.1. Bifidobacteria
- 1.13.2. Enterococcus
- 1.13.3. Lactobacilli
- 1.13.4. Pediococcus
- 1.13.5. Streptococcus
- 1.13.6. Other Probiotics
-
1.14. Vitamins
- 1.14.1. Vitamin A
- 1.14.2. Vitamin B
- 1.14.3. Vitamin C
- 1.14.4. Vitamin E
- 1.14.5. Other Vitamins
-
1.15. Yeast
- 1.15.1. Live Yeast
- 1.15.2. Selenium Yeast
- 1.15.3. Spent Yeast
- 1.15.4. Torula Dried Yeast
- 1.15.5. Whey Yeast
- 1.15.6. Yeast Derivatives
-
1.1. Acidifiers
-
2. Animal
-
2.1. Aquaculture
-
2.1.1. By Sub Animal
- 2.1.1.1. Fish
- 2.1.1.2. Shrimp
- 2.1.1.3. Other Aquaculture Species
-
2.1.1. By Sub Animal
-
2.2. Poultry
- 2.2.1. Broiler
- 2.2.2. Layer
- 2.2.3. Other Poultry Birds
-
2.3. Ruminants
- 2.3.1. Beef Cattle
- 2.3.2. Dairy Cattle
- 2.3.3. Other Ruminants
- 2.4. Swine
- 2.5. Other Animals
-
2.1. Aquaculture
Indonesia Feed Additives Market Segmentation By Geography
- 1. Indonesia

Indonesia Feed Additives 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 4.50% 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. Growing Livestock Population; Area Under Forage Production is Increasing; Increasing Demand for Animal Products
- 3.3. Market Restrains
- 3.3.1. Competition Amongst Industries and High Input Prices; Growing Shift Toward Vegan-Based Diet
- 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. Indonesia Feed Additives Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Additive
- 5.1.1. Acidifiers
- 5.1.1.1. By Sub Additive
- 5.1.1.1.1. Fumaric Acid
- 5.1.1.1.2. Lactic Acid
- 5.1.1.1.3. Propionic Acid
- 5.1.1.1.4. Other Acidifiers
- 5.1.1.1. By Sub Additive
- 5.1.2. Amino Acids
- 5.1.2.1. Lysine
- 5.1.2.2. Methionine
- 5.1.2.3. Threonine
- 5.1.2.4. Tryptophan
- 5.1.2.5. Other Amino Acids
- 5.1.3. Antibiotics
- 5.1.3.1. Bacitracin
- 5.1.3.2. Penicillins
- 5.1.3.3. Tetracyclines
- 5.1.3.4. Tylosin
- 5.1.3.5. Other Antibiotics
- 5.1.4. Antioxidants
- 5.1.4.1. Butylated Hydroxyanisole (BHA)
- 5.1.4.2. Butylated Hydroxytoluene (BHT)
- 5.1.4.3. Citric Acid
- 5.1.4.4. Ethoxyquin
- 5.1.4.5. Propyl Gallate
- 5.1.4.6. Tocopherols
- 5.1.4.7. Other Antioxidants
- 5.1.5. Binders
- 5.1.5.1. Natural Binders
- 5.1.5.2. Synthetic Binders
- 5.1.6. Enzymes
- 5.1.6.1. Carbohydrases
- 5.1.6.2. Phytases
- 5.1.6.3. Other Enzymes
- 5.1.7. Flavors & Sweeteners
- 5.1.8. Minerals
- 5.1.8.1. Macrominerals
- 5.1.8.2. Microminerals
- 5.1.9. Mycotoxin Detoxifiers
- 5.1.9.1. Biotransformers
- 5.1.10. Phytogenics
- 5.1.10.1. Essential Oil
- 5.1.10.2. Herbs & Spices
- 5.1.10.3. Other Phytogenics
- 5.1.11. Pigments
- 5.1.11.1. Carotenoids
- 5.1.11.2. Curcumin & Spirulina
- 5.1.12. Prebiotics
- 5.1.12.1. Fructo Oligosaccharides
- 5.1.12.2. Galacto Oligosaccharides
- 5.1.12.3. Inulin
- 5.1.12.4. Lactulose
- 5.1.12.5. Mannan Oligosaccharides
- 5.1.12.6. Xylo Oligosaccharides
- 5.1.12.7. Other Prebiotics
- 5.1.13. Probiotics
- 5.1.13.1. Bifidobacteria
- 5.1.13.2. Enterococcus
- 5.1.13.3. Lactobacilli
- 5.1.13.4. Pediococcus
- 5.1.13.5. Streptococcus
- 5.1.13.6. Other Probiotics
- 5.1.14. Vitamins
- 5.1.14.1. Vitamin A
- 5.1.14.2. Vitamin B
- 5.1.14.3. Vitamin C
- 5.1.14.4. Vitamin E
- 5.1.14.5. Other Vitamins
- 5.1.15. Yeast
- 5.1.15.1. Live Yeast
- 5.1.15.2. Selenium Yeast
- 5.1.15.3. Spent Yeast
- 5.1.15.4. Torula Dried Yeast
- 5.1.15.5. Whey Yeast
- 5.1.15.6. Yeast Derivatives
- 5.1.1. Acidifiers
- 5.2. Market Analysis, Insights and Forecast - by Animal
- 5.2.1. Aquaculture
- 5.2.1.1. By Sub Animal
- 5.2.1.1.1. Fish
- 5.2.1.1.2. Shrimp
- 5.2.1.1.3. Other Aquaculture Species
- 5.2.1.1. By Sub Animal
- 5.2.2. Poultry
- 5.2.2.1. Broiler
- 5.2.2.2. Layer
- 5.2.2.3. Other Poultry Birds
- 5.2.3. Ruminants
- 5.2.3.1. Beef Cattle
- 5.2.3.2. Dairy Cattle
- 5.2.3.3. Other Ruminants
- 5.2.4. Swine
- 5.2.5. Other Animals
- 5.2.1. Aquaculture
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Indonesia
- 5.1. Market Analysis, Insights and Forecast - by Additive
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Solvay S A
- 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 SHV (Nutreco NV)
- 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 Brenntag SE
- 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 DSM Nutritional Products AG
- 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 Novus International Inc
- 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 Kemin Industries
- 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 Ajinomoto Co Inc
- 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 Archer Daniel Midland Co
- 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 BASF SE
- 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)
- 6.2.10 Cargill Inc
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Solvay S A
List of Figures
- Figure 1: Indonesia Feed Additives Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Indonesia Feed Additives Market Share (%) by Company 2024
List of Tables
- Table 1: Indonesia Feed Additives Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Indonesia Feed Additives Market Revenue Million Forecast, by Additive 2019 & 2032
- Table 3: Indonesia Feed Additives Market Revenue Million Forecast, by Animal 2019 & 2032
- Table 4: Indonesia Feed Additives Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Indonesia Feed Additives Market Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Indonesia Feed Additives Market Revenue Million Forecast, by Additive 2019 & 2032
- Table 7: Indonesia Feed Additives Market Revenue Million Forecast, by Animal 2019 & 2032
- Table 8: Indonesia Feed Additives Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Indonesia Feed Additives Market?
The projected CAGR is approximately 4.50%.
2. Which companies are prominent players in the Indonesia Feed Additives Market?
Key companies in the market include Solvay S A, SHV (Nutreco NV), Brenntag SE, DSM Nutritional Products AG, Novus International Inc, Kemin Industries, Ajinomoto Co Inc, Archer Daniel Midland Co, BASF SE, Cargill Inc.
3. What are the main segments of the Indonesia Feed Additives Market?
The market segments include Additive, Animal.
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?
Growing Livestock Population; Area Under Forage Production is Increasing; Increasing Demand for Animal Products.
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?
Competition Amongst Industries and High Input Prices; Growing Shift Toward Vegan-Based Diet.
8. Can you provide examples of recent developments in the market?
January 2023: Novus International acquired the Biotech company Agrivida to develop new feed additives.November 2022: Kemin Industries introduced Toxfin Care, a solution that protects feed from mycotoxins. It strengthens the immune system, protects organs, and prevents loss of performance and productivity.July 2022: Kemin Industries has introduced Enterosure probiotic products to control the growth of pathogenic bacteria in poultry and livestock.
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 "Indonesia Feed Additives 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 Indonesia Feed Additives 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 Indonesia Feed Additives Market?
To stay informed about further developments, trends, and reports in the Indonesia Feed Additives 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