Press Releases
Mayonnaise Market Share, Size, Growth, Demand and Forecast Till 2024

united states, 25 June 2019 -- 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.

Request for sample copy of this report:

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”, estimates 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 4.1% over the forecast period.

View Report TOC, Figures and Tables:

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.

Breakup by Type:

1. Unflavoured Mayonnaise

2. Flavoured Mayonnaise

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 market share.

Breakup by End Use:

1. Institutional

2. Retail

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 market share.

Breakup by Distribution Channel:

1. Supermarkets and Hypermarkets

2. Convenience Stores

3. Online Retailers

4. Speciality Stores

5. Others

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.

Breakup by Region:

1. North America

2. Europe

3. Asia Pacific

4. Middle East and Africa

5. Latin America

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 market share. Some of the leading players operating in the market are:

Nestlé SA
Kraft Heinz
Unilever PLC

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

# # #

Media Contacts:
Tel No: +1-631-791-1145
Follow us on twitter: @imarcglobal

Document Attached Image Attached Download file at: 11215
(Right click and save file to download.)

Submitted by Imarc Group, IMARC Group on Tuesday, 25 June 2019 at 7:58 PM
Category: Food & Fashion
Related News

Food Thickeners Market Size, Share, Growth Analysis and Forecast to 2019-2029
Saturday, 20 Jul 2019

Global Prebiotics Market Research Report 2019-2029
Saturday, 20 Jul 2019

Global Almond Ingredients Market Forecast-2026
Friday, 19 Jul 2019

Better Uniforms for Effective Internal Branding
Friday, 19 Jul 2019

Milk (Dairy & Soy Food) Mexico Market | Growth, Trends And Forecast Till 2023
Friday, 19 Jul 2019

Related Events

FT Weekend Festival
Saturday, 7 Sep 2019

Global Convergence of Tea & Coffee Industry To Take Place at Mumbai in November 2019
Thursday, 21 Nov 2019

Latest News

Teacup Yorkie Puppies - Getting a Genuine One, Not only the Runt
Sunday, 21 Jul 2019

Microscopy Accessories - The Added Worth in Microscopes
Sunday, 21 Jul 2019

Time to Use Safe, Satisfying, and Stable Herbal Ingredients!
Sunday, 21 Jul 2019

Marriage Counseling Suggestions
Sunday, 21 Jul 2019

Saudi Arabia to Organize World PEACE Products and services Expo to Reconstruct the Global Peace Prod
Sunday, 21 Jul 2019

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Sunday, 21 July 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Oncology Review
  • Breast Imaging A to Z: How to Read Like (or Better Than) the Experts-Hawaii
  • Update in Orthpaedic Surgery Conference July 22-25, 2019 Grand Hyatt Kauai
  • Echocardiographic Symposium at Vail
  • Microbiome Movement - Oncology Response Summit

  • Latest Jobs
    Sorry, there are currently no entries posted here.