Global Egg-free Mayonnaise Market – Industry Trends and Forecast to 2031

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Global Egg-free Mayonnaise Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Egg-free Mayonnaise Market, By Product (Soy-Based, Aquafaba-Based, Avocado-Based, Others), Category (Gluten-Free, Low-Fat, Others), Nature (Organic, Conventional), Product Type (Flavored, Plain), End User (HoReCa, Food Processors, Household), Distribution Channel (Direct, Indirect), Price Range (Economy, Premium), Packaging (Glass Bottle, Pouch, Jar, Others) – Industry Trends and Forecast to 2031.

Egg-free Mayonnaise Market

Egg-free Mayonnaise Market Analysis and Size

As more consumers embrace a vegan lifestyle for reasons ranging from animal welfare to environmental sustainability and personal health, the global egg-free mayonnaise market is witnessing a surge in innovative developments poised for application across a range of popular products. Egg-free mayonnaise, providing similar vitamins, proteins, and carbohydrates as dairy cheese, boasts a notably lower fat content, aligning well with the health-conscious choices associated with vegan diets. Various industries, including fast food outlets, resorts, cafes, and restaurants, have begun incorporating egg-free mayonnaise into their offerings, catering to a substantial segment of the population. Moreover, the millennial demographic is pioneering creative methods for crafting egg-free mayonnaise.

Data Bridge Market Research analyses that the global egg-free mayonnaise market which was USD 5.10 billion in 2023, is expected to reach USD 9.03 billion by 2031, growing at a CAGR of 7.40% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Soy-Based, Aquafaba-Based, Avocado-Based, Others), Category (Gluten-Free, Low-Fat, Others), Nature (Organic,  Conventional), Product Type (Flavored, Plain), End User (HoReCa, Food Processors, Household), Distribution Channel (Direct, Indirect), Price Range (Economy, Premium), Packaging (Glass Bottle, Pouch, Jar, Others)

Countries Covered

U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Hungary, Italy, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel and Rest of Middle East and Africa

Market Players Covered

Dr. August Oetkar KG (Germany), Crosse & Blackwell (U.K.), KENSINGTON & SONS (U.S.), Nestle (Switzerland), Zydus Wellness.com (India), Del Monte Foods Inc (U.S.), SPECTRUM ORGANIC PRODUCTS, LLC (U.S.), Unilever Group (U.K.), Eat Just Inc (U.S.), Veeba Food Services Private Limited (India), Follow Your Heart (U.S.), Remia (Netherlands), granoVita (U.K.), Nasoya Foods USA, LLC (U.S.), Conagra Brands, Inc (U.S.)

Market Opportunity

  • Rapid innovations in egg-free mayonnaise flavorings and textures

Market Definition

Egg-free mayonnaise, often referred to simply as vegan mayo, is a popular alternative to traditional mayonnaise that does not contain eggs. It is made using plant-based ingredients and typically offers a similar texture and flavor to conventional mayonnaise. Vegan mayo is suitable for those following a vegan diet or for individuals with egg allergies or dietary restrictions. It is widely available in stores and can be used in a variety of dishes and recipes, including sandwiches, salads, dips, and dressings.

Global Egg-free Mayonnaise Market Dynamics

Drivers

  • The Evolution of Consumer Taste Preferences Fuels Market Expansion

There's a growing appetite for spicier fare and a preference for natural and organic flavors in food products. This shift has propelled the mayonnaise market forward, with various flavor variations being embraced in dishes like nachos and sandwiches.

Modern consumers are increasingly seeking healthier and more flavorful options when it comes to mayonnaise, sauces, and condiments. This demand for improved taste and nutritional value extends beyond traditional offerings. Furthermore, the improving economic conditions in developing regions across Asia Pacific, Africa, and Oceania are fueling the expansion of the egg-free mayonnaise market.

  • Rising Vegan and Plant-Based Trends

The rising popularity of veganism and plant-based diets is a significant trend driving the growth of the global egg-free mayonnaise market. Veganism is a lifestyle choice that abstains from the use of animal products, including meat, dairy, eggs, and honey, for ethical, environmental, or health reasons. Plant-based diets, on the other hand, prioritize foods derived from plants, such as fruits, vegetables, grains, nuts, and seeds, while minimizing or eliminating animal products. Many people are becoming more health-conscious and are seeking out nutritious and wholesome food options. Plant-based diets are often perceived as healthier due to their high fiber content, lower saturated fat levels, and abundance of vitamins, minerals, and antioxidants.

Opportunity

  • Rapid Innovations in Egg-free Mayonnaise Flavorings and Textures

The market size for egg-free mayonnaise has been expanding rapidly as consumer demand for plant-based and allergen-free alternatives increases. As more consumers adopt vegan, vegetarian, or flexitarian diets, the demand for egg-free mayonnaise has surged, driving market growth. Changing consumer preferences, particularly a shift towards healthier and more sustainable food options, have propelled innovation in the egg-free mayonnaise market. Consumers are seeking products that not only replicate the taste and texture of traditional mayonnaise but also offer a variety of flavors and textures to suit different culinary preferences.

Restraint/Challenge

  • Ingredient Sourcing and Cost

Plant-based ingredients used in egg-free mayonnaise formulations, such as pea protein, soya protein, or aquafaba, may be more expensive or less readily available than eggs. This can result in higher production costs for manufacturers, which may be passed on to consumers in the form of higher retail prices, limiting market penetration. This limited availability of plant-based ingredients can create supply chain challenges for manufacturers, especially if they rely on specific suppliers or regions for sourcing.

This egg-free mayonnaise market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the egg-free mayonnaise market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In October 2021, Nando's, a fast-food chain based in South Africa, launched its inaugural vegan offering, Vegan PERinaise. This plant-based mayonnaise, crafted from potatoes to serve as a substitute for eggs and gluten, marks a notable addition to the company's menu
  • In September 2021, Similarly, Trader Joe's, an American supermarket chain, unveiled its own vegan mayonnaise variant. Utilizing avocado oil, mustard flour, and a blend of garlic, onion, and pepper, this vegan mayo is positioned as a versatile condiment suitable for use as a sandwich spread or salad dressing

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Egg-free Mayonnaise Market Scope

The global egg-free mayonnaise market is segmented into product, category, nature, product type, end-user, distribution channel, price range, and packaging. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Product

  • Soy-Based
  • Aquafaba-Based
  • Avocado-Based
  • Others

Category

  • Gluten-Free
  • Low-Fat
  • Others

Nature

  • Organic
  • Conventional

Product Type

  • Flavored
  • Plain

End-User

  • HoReCa
  • Food Processors
  • Household

Distribution Channel

  • Direct
  • Indirect
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailers
  • Others

Price Range

  • Economy
  • Premium

Packaging

  • Glass Bottle
  • Pouch
  • Jar
  • Others

Global Egg-free Mayonnaise Market Regional Analysis/Insights

Global egg-free mayonnaise market is analyzed and market size information is provided by is product, category, nature, product type, end-user, distribution channel, price range, and packaging as referenced above.

The countries covered in the global egg-free mayonnaise market report are U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Hungary, Italy, rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel and rest of Middle East and Africa.

North America dominate the global egg-free mayonnaise market. This is attributed due to the presence of innovative food companies and strong distribution networks has contributed to the growth of the global egg-free mayonnaise market in this region.

Europe is the fastest growing region because this region has a long history of culinary innovation and a growing demand for vegetarian and vegan products. European consumers are increasingly seeking out egg-free alternatives for health, environmental, and ethical reasons, driving market growth.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Egg-free Mayonnaise Market Share Analysis

The global egg-free mayonnaise market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global egg-free mayonnaise market.

Some of the major players operating in the global egg-free mayonnaise market are:

  • Dr. August Oetkar KG (Germany)
  • Crosse & Blackwell (U.K.)
  • KENSINGTON & SONS (U.S.)
  • Nestle (Switzerland)
  • Zydus Wellness.com (India)
  • Del Monte Foods Inc (U.S.)
  • SPECTRUM ORGANIC PRODUCTS, LLC (U.S.)
  • Unilever Group (U.K.), Eat Just Inc (U.S.)
  • Veeba Food Services Private Limited (India)
  • Follow Your Heart (U.S.), Remia (Netherlands)
  • granoVita (U.K.), Nasoya Foods USA, LLC (U.S.)
  • Conagra Brands, Inc (U.S.)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The Egg-free Mayonnaise Market size will be worth USD 9.03 billion by 2031 during the forecast period.
The Egg-free Mayonnaise Market growth rate is 7.40% during the forecast period.
The Evolution of Consumer Taste Preferences Fuels Market Expansion, Rising Vegan and Plant-Based Trends are the growth drivers of the Egg-free Mayonnaise Market.
The product, category, nature, product type, end-user, distribution channel, price range, and packaging are the factors on which the Egg-free Mayonnaise Market research is based.
The major companies in the Egg-free Mayonnaise Market are Dr. August Oetkar KG (Germany), Crosse & Blackwell (U.K.), KENSINGTON & SONS (U.S.), Nestle (Switzerland), Zydus Wellness.com (India), Del Monte Foods Inc (U.S.), SPECTRUM ORGANIC PRODUCTS, LLC (U.S.), Unilever Group (U.K.), Eat Just Inc (U.S.), Veeba Food Services Private Limited (India), Follow Your Heart (U.S.), Remia (Netherlands), granoVita (U.K.), Nasoya Foods USA, LLC (U.S.), Conagra Brands, Inc (U.S.).