Egg-Free Mayonnaise Market Size, Share, Growth, Forecast 2032

Egg-Free Mayonnaise Market

Egg-Free Mayonnaise Market By Distribution Type (Hypermarkets, Online Retail, Supermarkets, Convenience Stores, and Others), By End-Use (HORECA And Households), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032

Category: Food & Beverage Report Format : PDF Pages: 217 Report Code: ZMR-4933 Published Date: Feb-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 4700 Million USD 7800 Million 5.7% 2023

Egg-Free Mayonnaise Industry Prospective:

The global egg-free mayonnaise market size was evaluated at $4700 million in 2023 and is slated to hit $7800 million by the end of 2032 with a CAGR of nearly 5.7% between 2024 and 2032.

Global Egg-Free Mayonnaise Market SizeRequest Free Sample

Egg-Free Mayonnaise Market: Overview

Egg-free mayonnaise is one of the popular condiments that are used immensely in the food service sector and various household sectors. Easy availability of various flavors such as mint and garlic are predicted to enhance the popularity of egg-free mayonnaise. It is a proficient source of reducing cholesterol and possesses high nutritional value. Moreover, the product provides a slew of health benefits such as lower calories in comparison to conventional mayonnaise along with having a large proportion of vitamins.

Key Insights

  • As per the analysis shared by our research analyst, the global egg-free mayonnaise market is projected to expand annually at the annual growth rate of around 5.7% over the forecast timespan (2024-2032)
  • In terms of revenue, the global egg-free mayonnaise market size was evaluated at nearly $4700 million in 2023 and is expected to reach $7800 million by 2032.
  • The global egg-free mayonnaise market is anticipated to grow rapidly over the forecast timeline owing to favourable features such as fat-free ingredients of the product and lower cholesterol ingredients.
  • In terms of end-use, the households segment is slated to register the fastest CAGR over the forecast period.
  • Based on distribution type, the online retail segment is projected to dominate the segmental space in the forecast timeline.
  • Region-wise, the Asia-Pacific egg-free mayonnaise industry is projected to register the highest gains over the forecast timeframe.

Egg-Free Mayonnaise Market: Growth Factors

Escalating intake of vegan food to boost the expansion of the global market by 2032

Growing preference for vegan food is likely to steer the expansion of the egg-free mayonnaise market globally. Furthermore, a massive intake of plant-based diets will proliferate the size of the global market. The egg-free mayonnaise offers numerous health benefits such as fewer calories compared to normal mayonnaise along with the high presence of vitamin A, vitamin D, vitamin E, and vitamin K. This, in turn, is projected to steer the growth of the market across the globe. Favorable features such as fat-free ingredients of the product and lower cholesterol ingredients will prop up the scope of growth of the global market.

A surge in the occurrence of egg allergies in customers is projected to embellish the global market expansion. Huge penetration of the product in the HoReCa sector in both emerging economies and developed countries is likely to embellish the growth of the market globally. New product launches are likely to embellish the growth of the global market. For instance, in August 2023, Hegg, a key firm producing plant-based egg products, introduced eggless Japanese mayonnaise in the country. Moreover, the firm is searching to expand its business in Asia.

Egg-Free Mayonnaise Market: Restraints

Surge in the preliminary prices of the product to hinder the global industry surge over 2024-2032

A rise in the initial costs and fluctuations in the supply chain can retard the growth of the global egg-free mayonnaise industry. The easy availability of substitute products can create hurdles in the growth of the industry globally.

Egg-Free Mayonnaise Market: Opportunities

Flourishing food sector to boost the growth of the market globally in the years ahead

The thriving food sector and surge in awareness about the health benefits offered by the product will open new growth opportunities for the global egg-free mayonnaise market.

Egg-Free Mayonnaise Market: Challenges

Increment in the import as well as export charges can decline the expansion of the global industry

The rise in the GST in countries such as India and the increase in the import & export duties can pose a huge challenge for the global egg-free mayonnaise industry expansion.

Egg-Free Mayonnaise Market: Segmentation

The global egg-free mayonnaise market is sectored into end-use, distribution type, and region.                                    

In terms of end-use, the egg-free mayonnaise market across the globe is segregated into HORECA and household segments. Furthermore, the households segment, which acquired nearly 52% of the global market earnings in 2023, is anticipated to record the fastest CAGR during the period from 2024 to 2032. Moreover, the segmental expansion in the coming eight years can be due to surging demand for the product in hotels, cafeterias, and canteens owing to the varieties of flavors present in the product such as garlic and mint, herb, tandoori aioli, and mild curry. The manufacturers are offering these wide ranges of products to end-users, thereby driving the segmental surge.

Based on the distribution type, the global egg-free mayonnaise industry is divided into online retail, hypermarkets, convenience stores, supermarkets, and other segments. Moreover, the online retail segment, which led the form segment in 2023, is predicted to dominate the segmental expansion in the coming eight years. The growth of the segment in the upcoming years can be due to a thriving e-commerce tool that has made it easy for customers to access a slew of specialty food items such as egg-free mayonnaise.

Egg-Free Mayonnaise Market: Report Scope

Report Attributes Report Details
Report Name Egg-Free Mayonnaise Market
Market Size in 2023 USD 4,700 Million
Market Forecast in 2032 USD 7,800 Million
Growth Rate CAGR of 5.7%
Number of Pages 217
Key Companies Covered Just Inc., Zydus Wellness Limited, Follow Your Heart, Dr. Oetkar, Nasoya Foods Inc., Crosse & Blackwell, Nestle, Spectrum Organic Products LLC, Trader Joe’s, Kensington & Sons LLC, Unilever Group, Walden Farms, Remia C.V., Hampton Creek, Del Monte Foods Inc., Veeba Food Services Private Limited, Granovita, Blue Plate Mayonaise, Spectrum Culinary, Conagra Brands Inc., and others.
Segments Covered By Distribution Type, By End-Use, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Egg-Free Mayonnaise Market: Regional Insights

North America is expected to dominate the global egg-free mayonnaise market growth over the period from 2024 to 2032

North America, which accounted for nearly 59% of the global egg-free mayonnaise market share in 2023, will be the leading region in the coming seven years. Moreover, the regional market expansion over the forecast timeline can be due to a growing preference for a vegan diet along with escalating awareness of animal welfare. Apart from this, a rise in the production of the product in countries such as Canada and the U.S. will steer the expansion of the regional market. A surge in the demand for convenient diets is likely to prompt regional market expansion in the years ahead.

Asia-Pacific egg-free mayonnaise industry is anticipated to register the highest CAGR in the forecasting timespan. The surge of the industry in the region in the next couple of years can be subject to easy access to products in countries such as India and China. An increase in the product penetration in restaurants and hotels will steer the growth of the industry in the sub-continent.  

Egg-Free Mayonnaise Market: Competitive Space

The global egg-free mayonnaise market profiles key players such as:

  • Just Inc.
  • Zydus Wellness Limited
  • Follow Your Heart
  • Dr. Oetkar
  • Nasoya Foods Inc.
  • Crosse & Blackwell
  • Nestle
  • Spectrum Organic Products LLC
  • Trader Joe’s
  • Kensington & Sons LLC
  • Unilever Group
  • Walden Farms
  • Remia C.V.
  • Hampton Creek
  • Del Monte Foods Inc.
  • Veeba Food Services Private Limited
  • Granovita
  • Blue Plate Mayonaise
  • Spectrum Culinary
  • Conagra Brands Inc.

The global market is highly fragmented with giant players contributing to a very low share of the market across the globe.  

The global egg-free mayonnaise market is segmented as follows:

By Distribution Type

  • Hypermarkets
  • Online Retail
  • Supermarkets
  • Convenience Stores
  • Others

By End-Use

  • HORECA
  • Households

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Egg-free mayonnaise is few of the popular condiments that are used immensely in foodservice sector and various households sectors. Easy availability of various flavors such as mint and garlic are predicted to enhance the popularity of egg-free mayonnaise.

The global egg-free mayonnaise market growth over forecast period can be owing to a massive intake of plant-based diet.

According to a study, the global egg-free mayonnaise industry size was $4700 million in 2023 and is projected to reach $7800 million by the end of 2032.

The global egg-free mayonnaise market is anticipated to record a CAGR of nearly 5.7% from 2024 to 2032.

Asia-Pacific is set to dominate the global egg-free mayonnaise industry over the forecasting years owing to easy access of products in the countries such as India and China. An increase in the product penetration in restaurants and hotels will steer the growth of the industry in the sub-continent.

The global egg-free mayonnaise market is led by players such as Just Inc., Zydus Wellness Limited, Follow Your Heart, Dr. Oetkar, Nasoya Foods, Inc., Crosse & Blackwell, Nestle, Spectrum Organic Products, LLC, Trader Joe’s, Kensington & Sons, LLC, Unilever Group, Walden Farms, Remia C.V., Hampton Creek, Del Monte Foods Inc., Veeba Food Services Private Limited, Granovita, Blue Plate Mayonaise, Spectrum Culinary, and Conagra Brands, Inc.

The global egg-free mayonnaise market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.

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