Case study: Nutraceuticals

Market Opportunity Evaluation: Australian brand (fruit and plant based extract)

Business brief

Market Potential assessment for a leading Australian Nutraceuticals firm: Prebiotic (flaxseeds, fruit extracts based product range)

Our Approach

Secondary Research to understand Market construct and dynamics

Qualitative in-depth interviews with key stakeholders (channel partners, influencers, e-commerce, Chemist chains )

Quantitative Interviews were conducted with the end customers for need gap assessment

Recommendations

The Indian market: is Nascent, yet lucrative market for fruit and plant based nutraceuticals category

Various routes to entry were deliberated, market estimation and a five year Road Map for the client was formulated

Client Action

The Brand’s entry was facilitated with a soft launch in the e-commerce segment