Paleo Food Market Expected to Undergo a Substantial Growth in the Coming Years
Growing preference of
consumers towards natural nutrient-based ingredients is acting as key factors supporting
the growth of global paleo food market
According
to TechSci Research report, “Global Paleo
Food Market By Type (Meat, Vegetables & Fruits, Nuts, Seeds, Healthy
Oil/Fat & Others), By Application (Cereals, Meat Snacks, Fish Snacks, Fruit
& Nut Bars, Fruit & Nut mixes, Fruit puree, Dairy Substitute &
Others), By Distribution Channel (Offline (Supermarket/Hypermarket,
Departmental/Retail Stores), Internet/Online & Others), By Region, Forecast
& Opportunities, 2025”, the market is expected to undergo a substantial CAGR during
the forecast period. Key factors propelling the growth of global paleo food market
are thriving food & beverage sector, changing consumer lifestyles and introduction
of new food products in the global market. Moreover, growing preference towards
consumption of natural nutrient-based ingredients is creating high demand for
paleo food. In addition to this, rising awareness about health and fitness is another
major factor behind the growth of paleo food market. With growing awareness
among consumers about the benefits of including paleo food in daily diet, the
market is poised to grow at impressive rate in the coming years.
Furthermore, the gym and health club trend are also
leading to increasing demand for paleo food as they are rich source of
essential nutrients and protein. Apart from this, rising disposable income and
entry of new market players is also anticipated to fuel the growth of global
paleo food market. The increasing incidence of obesity, especially in United
States and rise in ill health effect due to sedentary lifestyle are further
contributing to the increasing demand for paleo food around the world.
Companies are also focusing on packaging innovation to protect and preserve paleo
food products which is expected to positively influencing the growth of the
market.
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The global
paleo food market is segmented based on type, application, distribution channel
and region. Based on type, the market can be segmented into meat, vegetables
& fruits, nuts, seeds, healthy oil/fat and others. Among them, vegetables
& fruits segment is expected to undergo the fastest growth in global market
during the forecast period on account of growing awareness about the benefits
of including fruits and vegetables in daily food diet.
Based
on application, the global paleo food market can be categorized into cereals,
meat snacks, fish snacks, fruit & nut bars, fruit & nut mixes, fruit
puree, dairy substitute and others. Among them, the cereal segment is expected
to undergo significant CAGR during the forecast period owing to increasing
number of innovative and exotic flavors available in the market. Moreover,
increasing consumption of cereals as it is a rich source of protein and fiber
is leading to their increased consumption globally.
Major players operating in the global paleo
food market are The Paleo Foods Co., Paleo Baking
Company, Epic Provisions, Paleo Braaap, LLC, PRIMAL PACS, Black Bear GmbH, Blue
Mountain Organics, Back Roads Food Company, Paleo Food Prodotti Per La Dieta
Paleo and Paleosnacks, among others. Leading companies are undergoing growth
strategies such as new product launch, mergers & collaborations to
strengthen their position in the global market.
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“Increasing obesity rate, changing lifestyle and
growing preference towards consumption of healthy food in North America is making
the region a leading market for paleo food. However, with increasing disposable
income and rising awareness about health and fitness in countries like India,
Japan and China, Asia Pacific is expected to contribute to high revenue for
global paleo food market during the forecast period.,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Global
Paleo Food Market By Type (Meat, Vegetables & Fruits, Nuts, Seeds, Healthy
Oil/Fat & Others), By Application (Cereals, Meat Snacks, Fish Snacks, Fruit
& Nut Bars, Fruit & Nut mixes, Fruit puree, Dairy Substitute &
Others), By Distribution Channel (Offline (Supermarket/Hypermarket,
Departmental/Retail Stores), Internet/Online & Others), By Region, Forecast
& Opportunities, 2025” has evaluated the future growth potential of paleo
food market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global paleo food market.
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