Press release
Mayonnaise Market 2018 Exclusive Analysis By Renowned Players | Unilever, Marina Foods, ADM Antwerp, Solo Foods, Etc Up To 2023
Mayonnaise is a thick, creamy sauce or dressing that is made from oil, egg yolks, vinegar, and various seasonings. Increasing consumption of sauces and dressings is driving the mayonnaise market. Growing working population and increasing trend of convenience foods are likely to boost the growth of the mayonnaise market.
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Rising demand of egg-free spread among the vegans is projected further boost the growth of the mayonnaise market. Moreover, inclination of consumers towards plant-based products is adding fuel to the demand. Additionally, availability of mayonnaise in small and convenient packs have supported the growth of mayonnaise market. However, intense competition among the key players may hamper the new entrants in the market.
Key Players
Some of the key players profiled in the global Mayonnaise Market are Unilever (U.K.), Marina Foods, Inc. (U.S.), ADM Antwerp (Belgium), Solo Foods (South Africa), Delicacy Foods (Cyprus), Paradise Food Ltd (U.K.) and AR Brands (South Africa)
Key Findings
Application of mayonnaise is increasing rapidly in ready-to-eat food industry
In developed countries, the major share of mayonnaise sales is through hypermarket and super market
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Regional Analysis:
The global mayonnaise market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe owns the major market share followed by North America. Increasing application of mayonnaise for salad dressing and for ready-to-eat foods has boosted the demand for mayonnaise in Europe.
Inclination of consumers towards fast foods have helped mayonnaise gain popularity in North America. Changing lifestyle and consumption pattern in developing countries like India and China are adding fuel to the Asia Pacific market. Moreover, increasing use of mayonnaise in different cuisines is growing the mayonnaise market in rest of the world.
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