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The Global Mayonnaise Market Is Expected To Reach USD 15.5 Billion By 2030, Growing At A CAGR Of 4.56%.
Mayonnaise Market Overview:
Mayonnaise is a thick, creamy sauce made with egg yolks, oil, vinegar or lemon juice, and various seasonings. It is a cream made by slowly adding each ingredient while stirring the mixture. Factors such as increasing urbanization, rising disposable income and changing lifestyles are also changing consumers' eating patterns. Currently, there is a strong preference for modest, wholesome and quick feast alternatives that require negligible cooking.
Mayonnaise market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Mayonnaise market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
Major Segments Covered in the Global Mayonnaise Market:
Market Key Players:
Dr. Oetker, Kraft Heinz, McCormick, Unilever, American Garden, Cibona, Del Monte, Duke'S, Kenko Mayonnaise, Ken'S Foods, Mrs. Bector'S Cremica, Oasis Foods, Remia, Scandic Food India, Stokes Sauces, Tina, And Others.
Mayonnaise Market by Types:
Mayonnaise Market by Applications:
Mayonnaise Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
North America: North America is expected to account for the largest share of the mayonnaise market in 2017. This can be attributed to high disposable income, rising healthcare awareness, and growing demand for convenience foods. United States, Canada, and Mexico are some of the major countries covered in the region, each contributing significantly to the regional revenue growth.
Latin America: Latin America is expected to witness significant growth over the forecast period owing to rising population leading consumers towards canned products, which include ready-to-eat desserts such as cakes and pies, ingredients for desserts such as marshmallow creme and chocolate sauce, canned fruit in syrup or fruit flavored syrups.
Significant Market Dynamics:
Growth Factors:
Factors driving the global mayonnaise market include growing demand from developing countries, increasing consumption of mayonnaise in the food service industry, and increasing preference for flavored varieties. Apart from this, growing health concerns regarding low-fat diets are expected to drive growth in the coming years. Several other factors such as convenience related to usage and easy availability of raw materials also drive the market growth. Moreover, rising disposable income coupled with changing lifestyles has led to rising penetration across various regions across the globe.
Report Scope of Global Mayonnaise Market:
Report Attributes |
Details |
Growth Rate |
CAGR of 4.56% from 2022 to 2030. |
By Type |
Unflavored Mayonnaise, Flavored Mayonnaise |
By Application |
Retail, Foodservice |
By Companies |
Dr. Oetker, Kraft Heinz, McCormick, Unilever, American Garden, Cibona, Del Monte, Duke'S, Kenko Mayonnaise, Ken'S Foods, Mrs. Bector'S Cremica, Oasis Foods, Remia, Scandic Food India, Stokes Sauces, Tina |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of Mayonnaise market?
The Mayonnaise Market is growing at a CAGR of 4.56% During Forecast Period.
What are the key types and applications of Mayonnaise market?
- Unflavored Mayonnaise, Flavored Mayonnaise
- Retail, Foodservice
Who are the key players in Mayonnaise market?
Dr. Oetker, Kraft Heinz, McCormick, Unilever, American Garden, Cibona, Del Monte, Duke'S, Kenko Mayonnaise, Ken'S Foods, Mrs. Bector'S Cremica, Oasis Foods, Remia, Scandic Food India, Stokes Sauces, Tina, And others.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.