Title: Global Mayonnaise Market Share, Size, Price, Trends And Forecast Research Report (2018-2023)
1 Global Mayonnaise Market Stimulated by
Thriving Food and Beverage Industry
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3Report Description and Highlights
Report Description
Global Mayonnaise Market Stimulated by Thriving
Food and Beverage Industry The global
mayonnaise market has witnessed a steady growth
over the past few years. The demand for
mayonnaise has experienced a positive thrust
owing to hectic lifestyle of the consumers along
with the introduction of innovative product
variants by the manufacturers. 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 2018-2023, estimates that the global
mayonnaise market was worth US 9.9 Billion in
2017. The report further anticipates the market
to reach a value of US 12.5 Billion by 2023, at
a projected CAGR of 4 over the forecast period.
4Report Description and Highlights
Report Description
- 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 fuelled the
demand for mayonnaise, in turn, impelling the
market growth. - The manufacturers are introducing eggless
variants of mayonnaise with different flavours so
as to expand their consumer-base. This has
resulted in a rise in the consumption of
mayonnaise, particularly in the countries with
high vegetarian population. - 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. -
- Read more here https//www.imarcgroup.com/prefeas
ibility-report-mayonnaise-manufacturing-plant
5Report Description and Highlights
Report Description
Product Type Insights Based on type, the market
has been segmented into flavoured and unflavoured
mayonnaise. Currently, unflavoured mayonnaise is
the most popular product type, accounting for the
majority of the global share. End-Use I
nsights On the basis of end-use, the market has
been segregated into institutional and retail
sectors. Amongst these, the institutional sector
dominates the market, holding around
three-fourths of the total share. Request
Sample Of The Report https//www.imarcgroup.com/re
quest?typereportid59flagB
6Report Description and Highlights
Report Description
- Distribution Channel Insights
- 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 speciality stores. - Regional Insights
- Region-wise, North America accounts for the
majority of the total market share on account 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 global mayonnaise market is concentrated in
nature with only few players sharing the majority
of the total market share. Some of the leading
players operating in the market are - Nestlé SA
- Ajinomoto
- McCormick
- Kraft Heinz
- Unilever PLC
7Report Description and Highlights
Report Description
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8Report Description and Highlights
Report Description
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