Case Study: Market Research

How Market Research Identified 31 Opportunities and Drove a Strategic Acquisition

Strategex's comprehensive market assessment transformed a packaging giant's growth strategy in the high-value fresh food segment.

A global packaging company with zero presence in the fresh food vertical needed to understand the rapidly expanding Fresh & Natural grocery segment. Our market assessment analyzed over 100 products, identified 31 packaging opportunities, and prioritized 9 high-potential targets. Within six months, the client acquired a market leader that we had identified, thereby transforming their competitive position in this high-growth segment.


BACKGROUND

The grocery landscape was shifting dramatically. Fresh foods—once confined to the store perimeter—were expanding throughout supermarkets, while the shelf space for traditional packaged goods was shrinking. Fresh produce increasingly appeared wrapped or bagged, and meat packaging was becoming more sophisticated. Our client, despite being a global packaging leader, had virtually no presence in this emerging high-value segment.

The Challenge

The Fresh & Natural perimeter of grocery stores—produce, meat, deli, and bakery—was expanding rapidly. New products, particularly in cut produce and ready-to-eat, were quickly emerging, all with unique packaging needs. Every product category had increased packaging complexity throughout its value chain, compounded by demands for sustainability and extended product shelf life.

Meanwhile, our client had a glaring gap: virtually no presence in this high-growth (yet quite complex) segment. They needed market research to find a strategic focus amid shifting consumer demand toward fresh, natural foods.

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They had limited experience with fresh food packaging requirements

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The client needed to understand "farm-to-store" value chains

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They were unfamiliar with the segment's distribution, merchandising, and pricing dynamics

MARKET RESEARCH APPROACH


We designed and executed a comprehensive two-phase market assessment over five months. Our objective: find our client the best growth opportunities in terms of fit & attractiveness. To do so, we researched 34 product categories and their unique supply chains. We studied 50+ producers, growers, distributors, associations, and suppliers in meat, seafood, bakery, ready-to-eat, and produce.


PHASE 1

MARKET MAPPING & OPPORTUNITY IDENTIFICATION

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Analyzed 100+ fresh food items across entire value chain

Organized findings into 34 distinct product categories

Identified 31 viable packaging opportunities based on market trends and gaps


PHASE 2

PRIORITIZATION & DEEP DIVE

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Applied fit-attractiveness matrix to rank all opportunities

Selected 9 highest-potential targets for intensive analysis

Conducted 15+ expert interviews with engineers, buyers, and marketers

Assessed technical feasibility, patent landscapes, and development timelines

Developed 3 strategic directions based on market readiness

MARKET RESEARCH RESULTS


The comprehensive intelligence provided our client with everything needed to make informed investment decisions and prioritize resources effectively.


By the Numbers
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TOTAL OPPORTUNITIES

31 distinct packaging opportunities identified across 8 fresh food markets

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Opportunity Priorities

9 high-potential opportunities prioritized for immediate exploration

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Value Chain Mapping

100+ product-level value chains mapped from farm to store

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Product Analysis

34 product groupings created to streamline future analysis

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Strategy

3 strategic directions developed with clear implementation paths

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Acquisition

Within 6 months, the client acquired a market leader we identified

IMPACT


Our research delivered a clear, actionable roadmap that transformed uncertainty into confident market entry strategy.


Major Acquisition

Within six months of project completion, the client completed a major acquisition of a market leader we identified, demonstrating the immediate strategic value of our market intelligence.


Strategic Transformation

From having virtually no presence in fresh food packaging to owning a clear, data-driven roadmap for capturing this fast-growing segment.

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