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Mayonnaise is a thick creamy emulsion of egg yolk, oil, vinegar, lemon juice and seasonings. The report of mayonnaise market to reach a value of US$ 13.2 Billion by 2024, at a projected CAGR of 4.1% over the forecast period.
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3. Report DescriptionReport Description and Highlights
Global Mayonnaise Market Overview:
Mayonnaise is a thick creamy emulsion of egg yolk, oil, vinegar, lemon juice and seasonings. It is used
both as the base for other sauces, such as thousand-island salad dressing and tartar sauce, as well as in
the preparation of snacks, such as sandwiches, burgers, salads, dips and cupcakes. Over the years, the
growing popularity of salads and fast-food products has resulted in an increased consumption of
mayonnaise across the globe. A new research report by IMARC Group, titled “Mayonnaise Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimated that
the global mayonnaise market was worth US$ 10.3 Billion in 2018. The report further anticipates the
market to reach a value of US$ 13.2 Billion by 2024, at a projected CAGR of 4.15 over the forecast
period.
Global Mayonnaise Market Drivers/Constraints:
• Due to the hectic schedules and busy lifestyles of the working population, there has been a
shift towards convenience foods which has fueled the demand for mayonnaise, in turn,
impelling the market growth
• The manufactures are introducing eggless variants of mayonnaise with different flavours so as
to expand their consumer-base.
4. Report DescriptionReport Description and Highlights
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inBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
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InBillionUS$
• The high oil content in mayonnaise can result in obesity and various other health issues. This
has restrained the sale of mayonnaise products, thereby declining the global mayonnaise
market.
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manufacturing-plant/requestsample
5. Report DescriptionReport Description and Highlights
This has resulted in a rise in the consumption of mayonnaise, particularly in the countries with high
vegetarian population.
Key Market Segmentation:
Market Segmentation by Product Type
• Flavoured
• Unflavoured
Based on type, the market has been segmented into flavoured and unflavoured mayonnaise. Currently
unflavoured maynnoise is the most popular product type, accounting for the majority of the market
share.
Market Segmentation by End Use
• Institutional
• Retail
On the basis of end use, the market has been segregated into institutional and retail sectors.
6. Report Description
Report Description and Highlights
Amongst these, the institutional sector dominated the market, holding around three-fourths of market
share.
Market Segmentation by Distribution Channel
• Standard Grade
• Specialty Grade
On the basis of distribution channel, supermarkets and hypermarkets represent the largest segment as
they offer convenience to the consumers by providing a large variety of products and brands in one
place. Supermarkets and hypermarkets are followed by convenience stores, online retailers and
specialty stores.
Market Segmentation by Region
• Asia Pacific
• Europe
• North America
• Middle East and Africa
• Latin America
7. Report DescriptionReport Description and Highlights
Region-wise, North America accounts for the majority of the total market share on account share of
the growing popularity of Mexican and Latin American foods coupled with the rising demand for
heathier varieties of mayonnaise in the region. North America is followed by Europe and Asia Pacific.
Other major regions include the Middle East and Africa, and Latin America.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
• Nestlé SA
• Ajinomoto
• McCormick
• Kraft Heinz
• Unilever PLC
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manufacturing-plant
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Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients