Global Paleo Food Market 2017-2021
About Paleo Food
The paleo diet should be known as the “human diet” because it is the diet that humans have thrived off for the last 200,000 years. The paleo diet encourages you to get back to your roots and gives you an easy alternative to choose nutrient dense foods. Paleo food products generally include granola bars, meat snacks, fish snacks, unprocessed fruits and vegetables, and unprocessed nuts and seeds. Paleo diet does not include food products like grains, legumes, dairy products, white sugar, processed oils such as canola, and other processed food items.Technavio’s analysts forecast the global paleo food market to grow at a CAGR of 5.10% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global paleo food market for 2017-2021. To calculate the market size, the report considers the retail sales of paleo food in various geographical markets.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Paleo Food Market 2017-2021
Technavio recognizes the following companies as the key players in the global paleo food market: Blue Mountain Organics (BMO), CAVEMAN FOODS (CF), Pacific Foods of Oregon (PFO), Paleo Baking Company (PBC), and PALEO PURE (PP).
Other Prominent Vendors in the market are: Back Roads Food (BRF), Black Bear, Paleo Food Prodotti Per La Dieta Paleo, EPIC, Paleo Leap, Primal Pacs, Steve's PaleoGoods (SPG), and The Paleo Foods Company (TPFC).
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is positive impact through organized retailing. Organized retailers have grown worldwide with the establishment of supermarkets and hypermarkets and specialty stores. RTE foods are primarily sold by large organized retailers as vendors in the market are highly dependent on large organized retailers.”
According to the report, one driver in the market is increasing availability through online retailing. With the growth of e-commerce businesses worldwide, vendors have the potential to increase their profitability as e-commerce accounts for nearly 12% of the world’s retail trade. Online and e-commerce channels support both business-to-business (B2B) and business-to-consumer (B2C) operations. The average amount of money spent online per transaction and the number of transactions that take place online are on the rise globally. The increase in the number of internet users and the: 'buy it now' attitude of these users are contributing to the growth of this retail channel.
Further, the report states that one challenge in the market is stringent government regulations. The United States Food and Drug Administration (USFDA) and Federal Trade Commission (FTC) are the primary regulators of the food and advertising industries. USFDA enforces several federal laws that require various food products to bear nutrition labeling and comply with strict labeling standards.It is mandatory for the companies which advertise about the health benefits of paleo foods that their claims do not contain any misleading information and are backed by an appropriate scientific support. Besides, companies should also be beware of making any negative assumptions about the detriments of non-paleo foods.
Blue Mountain Organics (BMO), CAVEMAN FOODS (CF), Pacific Foods of Oregon (PFO), Paleo Baking Company (PBC), PALEO PURE (PP), Back Roads Food (BRF), Black Bear, Paleo Food Prodotti Per La Dieta Paleo, EPIC, Paleo Leap, Primal Pacs, Steve's PaleoGoods (SPG), and The Paleo Foods Company (TPFC).