[PDF] Mayonnaise Market Revenue, Trends, Key Driven Factors and Segmentation 2027 -CMI

Mayonnaise, more formally mayonnaise-e, is a light, thick, white, emulsifying dressing or sauce typically used on French fries, sandwiches, salads, served alone, and various other dishes. It forms the basis for many other sauces, including tartar sauce, mushroom sauce, remoulade sauce, salsa verde. It is often added to water or other ingredients in order to thicken them, which is why it is sometimes called "mayonnaise water." While it is generally considered to be safe to eat, there are occasional reports of food poisoning due to accidentally swallowing mayonnaise.

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Market Dynamics

Rapid growth of the food and beverage industry is expected to drive growth of the global mayonnaise market during the forecast period. As per the Food and Drink Federation, the U.K., the food and drink manufacturing sector accounts for 17% in terms of economic contribution. Furthermore, as per the India Brand Equity Foundation (IBEF), the food processing industry contributed 14% of the country’s GDP in 2016. As a result of this, the demand for mayonnaise is increasing rapidly. Therefore, such factors are expected to drive growth of the global mayonnaise market during the forecast period.

However, rising obesity and heart health issues are expected to hamper the global mayonnaise market growth over the forecast period.

Impact of COVID-19

The global mayonnaise market witnessed a major negative impact due to the COVID-19 pandemic outbreak. Following the outbreak, many countries implemented stringent lockdown policies, rendering stagnation in many industries. Mayonnaise is widely used across the food and beverage industry. However, regulations on physical distancing led to a critical impact on growth of the market. The E-commerce sector also witnessed a major negative impact during the COVID-19, which further impacted the market in the discussion. However, the rollout of vaccines and declining cases is expected to aid the market to regain the lost traction.

Key Takeaways

• The global mayonnaise market is expected to witness significant growth, exhibiting a CAGR of 4.2% over the forecast period. This is owing to growing acceptance of multi-culinary food traditions worldwide.

• Among regions, North America is expected to witness significant growth in the global mayonnaise market during the forecast period. This is owing to rising demand for fast food
products and snacks across the region.

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• Asia Pacific is expected to register lucrative growth, owing to increasing disposable income and rapid urbanization.

• Key companies operating in the global mayonnaise market are Dr. Oetker, American Garden, Kraft Food Inc. (Heinz), Del Monte Foods Inc., Hampton Creek, Trader Joe’s, Walden Farms, Blue Plate, Unilever, and Ceres Organics.

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