Egg-free Mayonnaise Market

Egg-Free Mayonnaise Market is anticipated to grow at a CAGR of 6.2% during forecast period and estimated to reach USD 2038 million by 2027.

Mayonnaise is a type of pale-yellow sauce with a creamy and thick texture. The eggless mayonnaise can be divided into two categories depending on the quantity of oil used during the preparation process. The low-fat mayonnaise contains 30-65% oil, whereas full-fat mayonnaise has 75-80% oil. The eggless mayonnaise contains less amount of saturated fat and cholesterol as compared to the regular mayonnaise. It is highly preferred by vegans in different recipes, on sandwiches or as a salad dressing.

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Growing awareness of healthy lifestyle along with the increasing disposable income among consumers across key economies around the globe are the key factors driving the growth of the Global Egg-free Mayonnaise Market. Growing health issues such as diabetes, cholesterol problems, and blood pressure among consumers are encouraging them to shift towards healthy diet patterns, which in turn, will fuel the demand for egg-free mayonnaise at the global level. Moreover, increasing demand for nutritious food and rapid inclination towards egg alternatives such as plant-based products across the food and beverage industry will propel the growth of the Global Egg-free Mayonnaise Market over the coming years.

The egg-free mayonnaise offers exceptional nutritional benefits such as abundant amount of vitamin A, vitamin E, and vitamin K with lower calorie content as compared to the regular mayonnaise. Increasing vegan population, coupled with the growing awareness of animal welfare will further accelerate the growth of the Global Egg-free Mayonnaise Market. In addition to this, growing demand for gluten-free, natural, fat-free food products will have a positive impact on the market. On the other hand, lack of essential nutrients such as vitamin B12, calcium, and vitamin D in egg-free mayonnaise is likely to hamper the growing demand of the market over the forecast period.

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Based on nature, the organic eggless mayonnaise is anticipated to lead the market during the forecast period owing to the growing inclination of consumers towards natural and organic-based products across the world. Moreover, increasing demand for organic products with no artificial preservatives and colors will further boost the demand for organic egg-free mayonnaise over the coming years. The organic mayonnaise consists of numerous oils, including sunflower, olive, mustard, avocado and grape seed oil, which helps in reducing cholesterol level and promotes good heart health. In addition to this, the rapid change in the consumer’s preference for healthier and tastier food options rather than consuming regular conventional food products will drive the demand for organic mayonnaise across the globe.

Based on the end-user, the HoReCa end-user segment is expected to grow at a higher CAGR over the forecast period. The increasing demand for eggless mayonnaise in hotels, restaurants and catering businesses driven by the wide variety of flavors of mayonnaise including aioli, tandoori, garlic & herb, mint, soy-free and mild curry. The significant shift in the consumer’s preference towards vegan diet pattern is further promoting hotels and restaurants to opt for eggless mayonnaise to capture the changing demand of the target consumers.

Based on the distribution channel, the hypermarket segment is projected to grow at a higher CAGR over the forecast period due to the easy availability of a wide range of brands under one roof. The hypermarket allows consumers to compare different products and offers attractive discount offers.

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Based on the region, the Asia-Pacific region is anticipated to lead the market during the forecast period owing to the growing awareness regarding healthy lifestyles and increasing concerns to avoid oily food to prevent diabetes, blood pressure and cholesterol problems among consumers in this region. Moreover, rising consumption and penetration of egg-free mayonnaise across the Asian countries will further fuel the demand of the market. North America and Europe region is projected to grow at a higher CAGR over the forecast period due to the growing adoption of veganism and increasing demand for plant-based products in these regions. The high consumption of natural and organic products will promote the demand for eggless mayonnaise in Europe.

Various notable players operating in the market, include Dr. Oetker, Crosse & Blackwell, Zydus Wellness Limited, Nestle, Del Monte Foods Inc., Unilever Group, Spectrum Organic Products, LLC, Just Inc., Veeba Food Services Private Limited, Nasoya Foods, Inc, Conagra Brands, Inc., among others.

Key Developments:

• • In 2019, Zydus Wellness Limited launched egg-free mayonnaise containing exceptional nutritional values such as vitamin A, vitamin D and vitamin E in India.
  • In 2018, Del Monte Foods Inc. launched new spout packs for its products which included eggless mayo, tandoori mayo and sandwich spread to provide a more convenient and affordable option for its target customers in the market.

The Global Egg-free Mayonnaise Market has been segmented on the basis of nature, end-user, distribution channel, and key regions. Based on nature, the market is segmented into organic and conventional. Based on end-user, the market is segmented into HoReCa, households, and others. Based on distribution channel, the market is segmented into online stores, hypermarkets, specialised stores, and others.

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Key questions answered in this research report:

• • At what pace is the global Egg-free Mayonnaise market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global Egg-free Mayonnaise market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Egg-free Mayonnaise market?
  • What are the various distribution channel of Egg-free Mayonnaise, and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
  • Which end-user generated maximum revenues in 2019 and identify the most promising end-user during the forecast period?

Market Segmentation

Global Egg-free Mayonnaise Market by Nature

• • Organic
  • Conventional

Global Egg-free Mayonnaise Market by End-User

• • HoReCa
  • Households
  • Others

Global Egg-free Mayonnaise Market by Distribution Channel

• • Online Stores
  • Hypermarkets
  • Specialised Stores
  • Others

Global Egg-free Mayonnaise Market by Region

• • North America Egg-free Mayonnaise Market
    (Option 1: As a part of the free 25% customization)
    • North America Egg-free Mayonnaise Market by Nature
    • North America Egg-free Mayonnaise Market by End-User
    • North America Egg-free Mayonnaise Market by Distribution Channel
    • United States of America (US) Egg-free Mayonnaise Market All-Up
    • Canada Egg-free Mayonnaise Market All-Up
  • Europe Egg-free Mayonnaise Market
    (Option 2: As a part of the free 25% Customization)
    • Europe Egg-free Mayonnaise Market by Nature
    • Europe Egg-free Mayonnaise Market by End-User
    • Europe Egg-free Mayonnaise Market by Distribution Channel
    • United Kingdom (UK) Egg-free Mayonnaise Market All-Up
    • Germany Egg-free Mayonnaise Market All-Up
    • Spain Egg-free Mayonnaise Market All-Up
    • France Egg-free Mayonnaise Market All-Up
    • Rest of Europe Egg-free Mayonnaise Market All-Up
  • Asia-Pacific Egg-free Mayonnaise Market
    (Option 3: As a part of the free 25% Customization)
    • Asia-Pacific Egg-free Mayonnaise Market by Nature
    • Asia-Pacific Egg-free Mayonnaise Market by End-User
    • Asia-Pacific Egg-free Mayonnaise Market by Distribution Channel
    • China Egg-free Mayonnaise Market All-Up
    • Japan Egg-free Mayonnaise Market All-Up
    • India Egg-free Mayonnaise Market All-Up
    • Rest of APAC Egg-free Mayonnaise Market All-Up
  • ROW Egg-free Mayonnaise Market
    (Option 4: As a part of the free 25% Customization)
    • ROW Egg-free Mayonnaise Market by Nature
    • ROW Egg-free Mayonnaise Market by End-User
    • ROW Egg-free Mayonnaise Market by Distribution Channel
    • Brazil Egg-free Mayonnaise Market All-Up
    • Saudi Arabia Egg-free Mayonnaise Market All-Up
    • South Africa Egg-free Mayonnaise Market All-Up
    • UAE Egg-free Mayonnaise Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Egg-free Mayonnaise Market All-Up

Leading market players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • • Dr. Oetker
    • Crosse & Blackwell
    • Nestle
    • Zydus Wellness Limited
    • Del Monte Foods Inc.
    • Spectrum Organic Products, LLC
    • Unilever Group
    • Just Inc.
    • Veeba Food Services Private Limited
    • Nasoya Foods, Inc
    • Conagra Brands, Inc.