Custom Market Research

Custom market research is a study commissioned specifically for your business. It is designed around the exact questions you need answered. Unlike off-the-shelf syndicated reports, which cover broad industry landscapes, custom research is scoped and prepared based on your unique goals.

At FMI, custom research means you define the business problem. We design the research, run the fieldwork, and deliver findings you can act on directly.

Syndicated research helps you understand the broad category. Custom research goes deeper, giving you tailored insights such as the sub-segment you are entering, the buyer criteria you need to understand, the geography your competitors have not mapped yet.

The most common reasons for commission custom research include,

  • You are evaluating entry into a new market or geography and need demand-side validation
  • You need competitive intelligence that is not available publicly
  • Your product team requires primary data on buyer behavior, pricing sensitivity, or unmet needs
  • You are preparing for an M&A, IPO, or board-level strategic review and need credible data backing
  • You want to track market share or performance metrics on an ongoing basis

Custom research is most valuable when a decision is close and the information needed to make that decision is not available through existing sources.

It is the right approach when:

  • Published data covers the market but not your specific requirements
  • Your internal data exists but lacks external validation
  • The findings need to be defensible to leadership, investors, or a board
  • You need multiple data streams consolidated into a single coherent view
  • A hypothesis needs to be tested before resources are committed

The cost of a custom research engagement depends on scope: the number of markets covered, primary data requirements (expert interviews, surveys, focus groups), depth of analysis, and turnaround time.

As a benchmark, custom research typically costs significantly more than syndicated reports. At FMI, we work within your research budget to design studies that deliver the highest value for the investment. We are transparent about what is feasible at different price points. Each FMI custom research engagement starts with a scoping call before any commercial commitment is made.

Why Custom Market Research Matters

Custom Research vs. Doing It In-House

Many organizations attempt to answer market questions using internal data, analyst subscriptions, or generalist consultants. Each has its place. Custom research fills the gap they leave by generating primary data collected specifically for your goals.

  • Internal data tells you what your existing customers do; it cannot tell you what the broader market looks like
  • Analyst subscriptions provide category-level views; they seldom go deep on your specific segment or geography
  • The output of custom research is propertiary and built to answer your specific business problem

What Custom Research Actually Produces

Custom research reports draw on data gathered specifically for the engagement: structured interviews with buyers, surveys of your target segment, and direct conversations with market participants.

  • Quantitative data from surveys and structured interviews with your actual target buyers
  • Qualitative data that explains the reasoning behind purchase decisions
  • Market sizing and forecasts built for your specific segment
  • Findings that are current: reflecting market conditions at the time of the study

How Organizations Typically Use Custom Research

A single custom research engagement typically serves multiple teams, including strategy, finance, product, and leadership. Because each engagement is scoped to your goals, the same report can support different decisions across functions.

  • Validating or rejecting a market opportunity before capital is committed
  • Refining a product or go-to-market approach based on actual buyer data
  • Supporting a board presentation, investor case, or M&A submission with independently sourced market sizing
  • Settling internal disagreements about market direction with external evidence rather than opinion

Custom Research Solutions Portfolio

Over a decade of custom research experience across a range of industries. Custom-made to reflect the decisions our clients needed to make.

Assess market potential with the precision that investment decisions require.

Opportunity Assessment

Quantify the accessible opportunity across segments, geographies, and purchase channels before capital is committed.

Market Landscape Report

Map value chain structure, competitive ownership patterns, and the forces reshaping both.

Demand Signal Analysis

Primary demand verification grounded in buyer behavior data, with segment-level granularity.

Regulatory & Entry Barrier Mapping

Identify structural, regulatory, and distribution barriers with sufficient specificity to inform entry timing and sequencing.

TRACK RECORD

7000+

market entry mandates completed

6

regions covered across mandates

14

industries with repeat client engagements

82%

client retention rate across mandates

Sectors:Food & Beverage|Pharma|Chemicals|Packaging|Energy|Industrials

Maintain a current, structured read on competitor strategy and market positioning.

Competitor Profiling

Structured intelligence on strategy, financial position, product direction, and areas of competitive exposure.

Market Share Analysis

Quantify share distribution across defined segments and identify the movements that signal strategic intent.

Strategic Move Tracking

Continuous monitoring of pricing decisions, M&A activity, capacity changes, and market repositioning.

Competitive Set Positioning

Define position within the buyer-relevant competitive set and identify differentiation gaps worth closing.

TRACK RECORD

1000+

competitive tracking custom research completed

340+

companies profiled across all mandates

11

sectors with recurring client engagements

74%

of mandates include ongoing monitoring

Sectors:Specialty Chemicals|Medical Devices|Agri-inputs|Consumer Goods|Advanced Materials

Build a precise understanding of buyer behavior, decision criteria, and segment economics.

Buyer Persona Research

Primary research with verified buyers across target segments, delivering profiles grounded in decision-stage behavior.

Purchase Journey Mapping

Structured mapping of the purchase process from problem identification through vendor selection and post-purchase evaluation.

Segment Sizing

Quantify segment size, growth trajectory, and acquisition economics to support resource allocation decisions.

Satisfaction & Loyalty Tracking

Structured measurement of customer satisfaction, retention risk, and loyalty drivers across defined segments.

TRACK RECORD

52

buyer research studies completed

14,000+

primary interviews conducted across all studies

12

industries covered

68%

of studies identified segments clients had not previously mapped

Sectors:Pharma|FMCG|B2B Technology|Healthcare|Financial Services

Establish where performance stands relative to the category, on metrics that carry strategic weight.

Industry Benchmarking

Performance comparison against a peer group constructed to reflect actual competitive context, not broad industry averages.

KPI Comparison

Structured comparison across operational, financial, and market metrics relevant to the specific category and business model.

Best-in-Class Analysis

Identify the practices and decisions that separate top-quartile operators from the rest of the peer set.

Gap Assessment

Quantify the performance gap and identify the areas where improvement will have the greatest strategic impact.

TRACK RECORD

44

benchmarking studies delivered

290+

companies benchmarked across all studies

38

average KPIs tracked per engagement

9

industries with three or more repeat client engagements

Sectors:Packaging|Specialty Chemicals|Industrial Equipment|Food Processing|Energy

Align product investment decisions with verified market demand before resources are committed.

Product-Market Fit Assessment

Assess alignment between product capability, buyer requirements, and willingness to pay across target segments.

Pricing & Positioning Analysis

Develop pricing strategy grounded in buyer behavior data, competitive benchmarks, and segment-level price elasticity.

Portfolio Gap Assessment

Identify gaps in the current portfolio relative to market demand and the trajectory of competitor product development.

Feature Value Mapping

Determine which product attributes drive purchase decisions, switching behavior, and premium pricing acceptance.

TRACK RECORD

38

product and portfolio assessments completed

290+

products assessed across all mandates

3 in 5

mandates led to a pricing or positioning change by the client

11

industries covered

Sectors:Agrochemicals|Medical Devices|Specialty Foods|Industrial Coatings|Consumer Health

Integrate current macroeconomic and trade conditions into strategic and operational planning cycles.

Macroeconomic Outlook

Quantitative outlook covering GDP growth, sector demand, inflation dynamics, and spending patterns across defined geographies.

Country Risk Assessment

Structured risk evaluation across regulatory, political, currency, and operational dimensions for priority expansion markets.

Regional Growth Mapping

Identify regional growth leaders, the underlying demand drivers, and the timeframe over which that advantage is likely to hold.

Trade & Investment Flow Analysis

Track capital flows, trade volumes, and investment patterns across corridors relevant to target geographies.

TRACK RECORD

55

countries tracked across active mandates

34

regional outlook reports delivered

12+

years of baseline data underpinning all macro work

8

active trade corridors under continuous monitoring

Sectors:Energy|Agri-commodities|Industrial Inputs|Pharma Trade|Construction Materials

CASE STUDIES

The Impact of Our Custom Research

Competitive Expansion Strategy for the European Decor Paper Market

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High-Resolution Buyer Intelligence for the USA IBC Market

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Greenfield Manufacturing Strategy for 55-Gallon Steel Drums in the Americas

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Application-Driven Opportunity Mapping in the Global Cap Liner Market

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Shipment-Based Competitive Intelligence in the Global Multihead Weigher Market

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Driving Sustainable Packaging Growth Strategy for Leading Paper Packaging Company

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CUSTOM SOLUTIONS

Custom Solutions for All Your Needs

Some research problems do not have an obvious methodology. Bring us the business situation and we will scope the research around it.

What FMI Brings to a Custom Research Engagement

What makes us the preferred partner for accurate, actionable custom market research

Industry-Specific Expertise

100+ analysts who are subject matter experts in their respective domains. When you commission custom research with FMI, you work with specialists rather than generalists.

Proven Methodologies

Over ten years and thousands of engagements, FMI has developed research frameworks tested across industries, geographies, and business situations. Each engagement draws on that accumulated methodology rather than starting from scratch.

Global Research Network

Local research teams in 40+ countries. When a study requires understanding a market in Southeast Asia, the Gulf, or Central Europe, the fieldwork is conducted by people who operate in that market.

Trusted Accuracy

FMI's findings are built to withstand scrutiny. We are transparent about methodology, data sources, and the limits of what the data can and cannot confirm.

Actionable Insights

Every engagement concludes with a structured narrative. The report tells you what the findings mean for your situation and what they suggest you do next.

AI-Enhanced Research

FMI uses AI-powered data processing tools to handle the volume and speed of large datasets. This frees analysts to spend more time on interpretation and less on data handling.

Our Offerings

Market and Industry Intelligence

Market and industry intelligence from FMI gives you a research-backed view of how a market works. The research is built specifically for the engagement and not drawn from existing databases.

Customer and Partner Intelligence

Understanding why buyers choose you, where they are considering alternatives, and what your distribution partners need to deliver requires research that goes beyond internal data. Customer and partner intelligence unravels findings that inform commercial strategy and partner management.

Product and Pricing Insights

Product and pricing intelligence covers competitor pricing behavior and demand shifts within your category. Organizations use it when a product launch, pricing review, or repositioning requires a clear picture of how the market is structured.

Competitive and Investment Intelligence

Competitive and investment intelligence tracks how the competitive landscape is shifting. For M&A and investment decisions, it provides the commercial analysis that needs to come from an independent source.

Primary Research and Data Services

FMI conducts primary research for engagements where published sources are insufficient. The methodology is designed around the brief: quantitative surveys, qualitative interviews, focus groups, or expert panels. We also work with organizations that need help analyzing and reporting on primary data they have already collected.

FMI's custom research practice serves organizations that need market intelligence beyond what internal resources can typically produce. Engagements range from standalone studies to ongoing research programs, depending on what the situation requires. The brief comes from you; the research design, fieldwork, and analysis come from us.

What we help you do:

  • Size and validate a new market before resources are committed to it
  • Understand why performance differs from expectation, using data your internal teams cannot access
  • Build the commercial evidence base for an investment, acquisition, or board-level decision
  • Get primary data on buyer behavior when existing research is not specific enough to act on
  • Track market share and competitive positioning on an ongoing basis
  • Understand how consumer behavior differs at a local or regional level from the aggregate view
DID YOU KNOW?

We completed over 120 custom research projects last year, generating a combined measurable impact of over USD 80 million in identified profit opportunities, cost savings, and revenue growth for our clients.

Hear what our clients have to say

12,000+ Success Stories and Counting

We were losing ground in a key account segment and could not tell if it was pricing, product, or relationship. FMI ran buyer interviews across four markets. It was pricing in two and product fit in the other two. We fixed both within a quarter.

Strategy Manager

mid-size food ingredients company

EMEA

We needed to know whether the shift to sustainable substrates was a genuine procurement priority. FMI interviewed procurement heads across consumer goods companies. The shift proved real and was advancing faster than expected.

Head of Strategy

flexible packaging manufacturer

North America

We had a market entry hypothesis for the US. FMI tested it with primary research across three distributor segments. The hypothesis was partially wrong. We adjusted our entry plan before spending anything significant on it.

Commercial Director

precision tools manufacturer

Europe

We needed market sizing for a new category that had no published data. FMI built it bottom-up from primary interviews with procurement and clinical decision-makers. The output was specific enough to put in front of our investment committee.

VP Strategy

medical devices company

North America

A competitor was moving into our core segment in Southeast Asia. We needed to understand their positioning and pricing before they established themselves. FMI delivered a competitive intelligence report in five weeks. We responded before the window closed.

Business Development Manager

specialty chemicals company

APAC

Our Impact in Numbers

98%

Client Satisfaction Rate

250+

Enterprise Clients

40%

Average ROI Increase

150+

Countries Served