Introduction
Amid the COVID-19 pandemic, the global paleo foods market continues to make rapid strides owing to rise in consumption of healthy foods. As people realize the importance of healthy eating, people are switching over to naturally available foods.
Consequently, robust retail channels to ensure availability to consumers have emerged. Proliferation of conventional brick & mortar (B&M) stores ranging from hypermarkets, departmental stores and supermarkets has enabled paleo food manufacturers to enhance their presence across key markets.
For instance, the United States has 38,000 supermarkets, thereby providing a fertile ground for the paleo food market’s proliferation across the region. More recently, sales have equally surged via e-commerce portals.
High Prevalence of Entomophagy
Entomophagy is fast emerging as a promising domain in the paleo foods segment. Nearly 33% of North Americans show an inclination towards insect consumption, with several cricket-flavored protein bars rapidly filling supermarket shelves across the continent.
Likewise, a series of government regulations have approved sales of mealworm burgers since 2014 across the Netherlands and Belgium. This trend is already prevalent across key Asian countries such as Thailand, China, South Korea and parts of India since ancient times.
Growing Demand for Paleo Vegetables & Fruits
Paleo vegetables and fruits are expected to remain the preferred food choices by consumers, attributed to increasing health consciousness. Regenerative agriculture is equally fueling the segments’ expansion for the future.
Players such as Danone North America and Stonyfield have pooled in financial resources to develop a research framework to analyze the impact of regenerative agriculture. Also, in March 2019, General Mills announced the initiation of research, education and training in this field.
Growing Inclusion in Cereals
By end-use, the cereals segment is likely to be the main revenue generator. This is largely attributed to the growing demand for the intake of high-fiber and protein diets across the world. Furthermore, introduction of exotic and innovative flavors is providing stimulus to the segment.
COVID-19 Impact Analysis
The COVID-19 pandemic has had a significant impact on the global paleo food market, leading to is proliferation in recent months. As restaurants and outdoor food settings remain shut, online food delivery has surged. According to Credit Suisse, 80% American households increased their spending on food at home.
This is way higher than the 2018 share of 47.6%. Likewise, an increase in online grocery and food shopping due to mandatory social distancing protocols is likely to provide substantial impetus to the paleo food market across the Asia-Pacific region.
US to be Fastest Expanding Market
North America is likely to be the most lucrative paleo food market in the forthcoming forecast period. Around 1-3 million people in the United States follow a paleo diet, providing several collaborations between existing manufacturers along with the entry of various start-ups.
Furthermore, growing popularity of paleo foods has generated a series of macro-level acquisitions. For instance, in April 2020, GrubMarket Inc. acquired Boston Organics LLC. Likewise, the preceding month witnessed the acquisition of Smart Foodservice Stores LLC by US Food Inc. for a sum of US$ 970 million.
Paleo Foods Market - Prominent Players
The global paleo foods market is characterized by the presence of numerous regional and global level manufacturers, rendering it is significantly competitive. Prominent players include*:
- Caveman Foods
- Black Road Food Company
- Black Bear GmbH
- Blue Mountain Organics Distribution
- EPIC
- Paleo Food Prodotti Per La
- The Paleo Foods
- Pacific Food of Oregon
- Paleo Pure
- Steve’s Paleo Goods
- Primal PACS
- Paleo Baking Company
- LAVVA
- Native Forest
*This list is indicative- full details about the paleo foods market players is available upon request.
Strategic collaborations, acquisitions, product launches and innovations are the common strategies employed by the aforementioned players. Furthermore, to expand their customer base, manufacturers are targeting emerging economies as they have a wide high-income population base.
Paleo Food Industry Report: Scope
| Attribute | Details |
| Forecast Period | 2020-2030 |
| Historical Data Available for | 2015-2019 |
| Market Analysis | US$ Mn for Value and Volume Analysis |
| Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa (MEA) |
| Key Countries Covered | US, Canada, Mexico, Brazil, Germany, Italy, France, UK, Spain, Russia, BENELUX, China, Japan, South Korea, India, ASEAN, Australia & New Zealand, GCC, Turkey, Northern Africa and South Africa |
| Key Segments Covered | Product Type & End-User |
| Key Companies Profiled | Caveman Foods, Black Road Food Company, Black Bear GmbH, Blue Mountain Organic Distribution, EPIC, Paleo Food Prodotti Per La, The Paleo Foods, Pacific Food of Oregon, Paleo Pure, Steve’s Paleo Goods, Primal PACS, Paleo Baking Company, LAVVA and Native Forest |
| Report Coverage | Market Overview, COVID-19 Impact Analysis, Key Market Trends, Key Success Factors, Market Background, Policy and Regulatory Landscape, Demand Analysis, Segmental Overview, Regional Profiling, Market Structure Analysis and Competition Analysis |
| Customization & Pricing |
Key questions answered in the report
- How will the paleo foods market expand in the near future?
As per FMI’s analysis, the global paleo foods market is expected to spike impressively in the next decade. Heightening health concerns amid the COVID-19 pandemic is expected to sustain growth in the short-run
- Which are the prominent market drivers?
High penetration of organized retail such as supermarkets, departmental stores and hypermarkets is enabling producers to flood the shelves with paleo foods, thus stimulating the market. Furthermore, high preference for entomology is providing traction
- How is COVID-19 impacting growth prospects?
The COVID-19 pandemic has had a significant impact on the global paleo food market, leading to is proliferation in recent months. As restaurants and outdoor food settings remain shut, online food delivery has surged
Likewise, an increase in online grocery and food shopping due to mandatory social distancing protocols is likely to provide substantial impetus to the paleo food market
- Which is the dominant paleo foods market?
North America is likely to be the most lucrative paleo food market in the forthcoming forecast period. Around 1-3 million people in the United States follow a paleo diet, providing several collaborations between existing manufacturers along with the entry of various start-ups
- Who are the prominent companies in paleo market?
Prominent paleo foods market vendors include Caveman Foods, Black Road Food Company, Black Bear GmbH, Blue Mountain Organic Distribution, EPIC, Paleo Food Prodotti Per La, The Paleo Foods, Pacific Food of Oregon, Paleo Pure, Steve’s Paleo Goods, Primal PACS, Paleo Baking Company, LAVVA and Native Forest
Enquiry before Buying
- Is the paleo food market research conducted by Future Market Insights?
Yes, the paleo food market report has been compiled by expert analysts of Future Market Insights through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to the research analyst
- What research methodology is followed by FMI?
FMI follows a methodology that encompasses the demand side assessment of the market, and triangulates the same through a supply side analysis. This methodology is based on use of standard market structure, methods and definitions.
- Who are the respondents for primary research?
FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.
- What are the sources of secondary research?
FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
- Is a sample of this report available for evaluation?
Yes, you can request a sample and it will be sent to you through an email.
- How can I buy this report?
FMI provides a secure online payment system to buy report seamlessly. You can buy the report securely and safely.
Key Segments
Product Type
- Meat
- Fish and Seafood
- Eggs
- Vegetables
- Fruits
- Nuts and Seeds
- Fats and Oils
- Salt and Spices
- Others
End-Use
- Cereals
- Bakery Products
- Snacks
- Sports Nutrition & Beverage
Region
- North America (U.S & Canada)
- Latin America (Brazil, Mexico, Argentina, Peru, Chile & Rest of Latin America)
- Europe (Germany, U.K, Italy, France, Spain, BENELUX, Russia & Rest of Europe)
- South Asia (India, Thailand, Indonesia, Malaysia, Singapore & Rest of South Asia)
- East Asia (China, Japan & South Korea)
- Oceania (Australia & New Zealand)
- Middle East & Africa (GCC, South Africa, Turkey, Iran, Israel & Rest of MEA)
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