The analysts forecast global mayonnaise market to grow at a CAGR of 4.5% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global mayonnaise market for 2016-2020. To calculate the market size, the report considers the revenue generated from sale of the following product categories: Retail and Foodservice.
The following companies are the key players in the Global Mayonnaise Market: Dr. Oetker, Kraft Heinz, McCormick & Company, and Unilever. Other Prominent Vendors in the market are: American Garden, Cibona, Del Monte, Duke's, Kenko Mayonnaise, Ken's Foods, Mrs. Bector's Cremica, Oasis Foods, Remia, Scandic Food India, Stokes Sauces, and Tina.
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According to the mayonnaise market report the rising demand for convenient food will accelerate the growth of the mayonnaise market during the forecast period. An expanding working population in G7 and EU countries has led to a significant shortage of time and busier lifestyles among consumers. This directly impacts the eating habits as consumers tend to rely on convenience and RTE foods. As mayonnaise is one of the most widely used ingredients in the preparation of fast foods such as hamburgers and sandwiches, its consumption is growing.
The global mayonnaise market analyst said one market demand for vegetarian or egg-free spreads in countries like India has led to growth of the market. In India, the vegetarian mayonnaise contributes to 80% of overall mayonnaise sales. The country has a sizeable population of vegetarians in addition to non-vegetarians who avoid meat-based diet on certain days of the week.
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Global Mayonnaise Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Salad dressing includes condiments such as sauces, cream, nuts, and cheese to enhance the taste andtexture of salads. Mayonnaise is a thick creamy sauce made from egg yolk, oil, vinegar, and lemon juice. It is used as a spread in sandwiches and as a salad dressing.
The consumption volume of sauces and dressings has been on the rise over the recent years with the increased trend of at-home cooking and growing interest in different cuisines. The availability of small and convenient packs has also increased the consumption volume of sauces and dressings globally.
Further, the report states that one challenge that could restrict market growth is the adoption of traditional and natural weight loss methods by consumers.
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