Global Salad Dressings and Mayonnaise Market to Reach US$ 29,465.5 Mn by 2029
The global salad dressings and mayonnaise market is projected to reach US$ 29,465.5 Mn by the end of 2029. The market was valued at US$ 17,250.0 Mn in 2019. If these figures hold true, the market will exhibit a CAGR of 5.5% between 2019 and 2029. Regionally, North America and Europe continue to be leading markets for salad dressings and mayonnaise. However during the forecast period, Oceania, Middle East & Africa is anticipated to grow as a more striking market. In terms of type, the market can be classified into salad dressing and mayonnaise. Of these, the mayonnaise segment is forecast to lead the global market.
Salad Dressings and Mayonnaise Market - Key Research Findings
- The global salad dressings and mayonnaise market will expand at a CAGR of 5.5% over 2020-2030.
- The market has noticeable demand from food service industry.
- Mayonnaise remain the preferred form; salad dressing to gain traction.
- Key manufacturers are likely to invest in salad dressings and mayonnaise to discover novel application areas
- North America and Europe are the market leaders for the salad dressings and mayonnaise
Key Factors Shaping Salad Dressings and Mayonnaise Market
Salad Dressing and Mayonnaise will Witness Surging Demand Due to Changing Consumer Food Habits
Salad dressing is generally used as additional condiment to several food products such as sauces, cream, cheese, and nuts to improve the taste experience. Salad dressing and mayonnaise are formulated either semisolid or liquid foods that are applied to enhance to or add the sensory appeal of the food products by adding savour and mouthfeel. Mayonnaise is a creamy sauce prepared by egg yolk, oil, lemon juice, and vinegar; in other words mayonnaise is basically the emulsion of oil-in water solution. Some types of salad dressing and mayonnaise have more water content and hence they require preservatives to improve the shelf stability.
The outbreak of COVID-19 has had a major impact on the global food industry including salad dressing and mayonnaise market. Due to the spread of the pandemic manufacturers are facing problem in procuring raw materials. Apart from raw material procurement, the producers are also facing problems in reaching their final products to the market. To prevent the spread of coronavirus, governments around the world have restricted the export and import facilities that is having a major impact on the market during the crisis.
Premiumization Boosting the Demand
Premiumization has become one of the prominent trends prevailing in the global food industry. Premiumization is generally driven by the surge in disposable income; it fulfils the basic desire of human for striving to the self-actualization. The hectic lifestyle and busy schedule is creating a huge opportunity for salad dressings and mayonnaise market as consumers are seeking out ready-to-cook or ready-to-eat products. These salad dressings and mayonnaise are used as condiment to improve the taste of food products like burgers, sandwiches due to which it is gaining traction.
Exclusive & Clear Figures about Ingredients Used on Package
Customers nowadays have become more cautious about what they are consuming. Hence, a package with detailed information about particulars of the product and their associated benefits are highly preferred by buyers. Furthermore, consumers prefer having a quick look at the information on a package hence it should be very exclusive, precise, along with clear presentation. This can also help the buyer make more informed decision.
Additionally, using certain graphics to indicate food ingredients and the ingredients that are not present in them is one of the ways of providing nutritional information about the food products. As a result of this, design of package has started to comprise narrative illustration in form of a story through the graphics.
Salad Dressings and Mayonnaise Market: Structure Analysis
- Some of the leading players operating in the salad dressings and mayonnaise market are Tostito’s Salsa, Kraft Foods Group Inc., French’s Classic Mustard, Best Foods Mayonnaise, Hellmann’s, Inc., and Heinz.
- In the coming years, the market is likely to witness entry of new players which can render it highly competitive.
- Furthermore, portfolio expansion strategies adopted by the market players are likely to have profound impact on the market.
Base year considered
2014 – 2018
2019 – 2029
Market Value in 2020
US$ 17,250.0 Mn
Type, and Application
North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa
Tostito’s Salsa, Kraft Foods Group Inc., French’s Classic Mustard, Best Foods Mayonnaise, Hellmann’s, Inc., and Heinz.
Rising Health Consciousness among Consumers around the World is Propelling the Growth
Health issues such as obesity, and other diseases have steered the increasing demand for healthy food products including salads and it is anticipated to positively impact the growth of salad dressing and mayonnaise market. The market is likely to grow due to increase in demand for RTE food products (ready to eat), nutritional, and convenience food products. The taste of food is also enhanced by using salad dressings and mayonnaise and is serve as the market driver. The growing food industry coupled with increasing demand as well as consumer awareness is likely to shoot the salad dressings and mayonnaise market growth. Moreover, product innovation coupled with attractive packaging is anticipated to set future market growth. The growth of food service industry along with retail sector has spurred the salad dressing and mayonnaise demand.
Besides home consumption, in the coming years the market is likely to witness increasing demand from industrial and food service sectors. This is likely to bolster growth opportunities for the market.
Economic Expansion to Offer Major Growth Opportunities in Developing Nations
Regionally, the global salad dressing and mayonnaise market covers North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East and Africa. Among these regions North America and Europe currently lead the market. A point to note here is that attitude of regional consumers often has major implications on the market, making it far too difficult to establish ubiquitous standards. Moreover, most market players increase the inventory of products to cohere to restrictions. This yet again increases the overall cost of production therefore the product, which in turn challenges the market.
Countries in Oceania, the Middle East and Africa however offer considerable growth openings to the market. Striking economic growth witnessed in the last couple of years has resulted in the rising population of working people. The consumers are preference, for American and Mexican food in turn bolstering the demand for salad dressing and mayonnaise market.
* This data is only a representation. Actual data may vary and will be available in report.
Increasing Supply Chain Inefficiencies to Facilitate Demand
Supply chain convolutions are increasing in the global food & beverage industry, this is a key factor powering the demand for salad dressing and mayonnaise market. Food manufacturers are facing numerous challenges with favours to the supply chains including last-mile reach for multiple food products, storage accommodations, and transportation cost. All these aspects raise impediments in the value chain. As a result of this the demand for salad dressing and mayonnaise is increasing in response to the requirement for reducing the spoilage and wastage of various food products.
Mayonnaise segment held the leading market share
Salad Dressing segment forecast to higher rate of growth
Food Service segment holds dominance
Industrial segment to rise at a higher CAGR
How Growth will Unfold
Healthy living and focus on wellness constitute some of the most popular trends today. These trends not only influence lifestyle of millennial, but their purchase decisions as well, making it very important for companies to stay updated on changing consumer preferences. As a result several companies in the food sector are replacing synthetic additives products with organic salad dressing and mayonnaise. In addition to this, rising penetration of the internet and globalization have made information more accessible to consumers. As a result of this, consumers prefer reading the product labels with ingredient information before making their purchase decision.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Salad Dressings and Mayonnaise Market: Global Industry Analysis 2015-2019 & Opportunity Assessment 2020-2030
A recent market study published by Future Market Insights on the Salad Dressings and Mayonnaise market offers global industry analysis for 2015-2019 & opportunity assessment for 2020-2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters of the Salad Dressings and Mayonnaise market, the growth prospects of the market are obtained with maximum precision.
Salad Dressings and Mayonnaise Market Taxonomy
The global Salad Dressings and Mayonnaise market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- Salad Dressings
- Daily Use
- Food Industry
- North America
- Latin America
- East Asia
- South Asia
The executive summary of the Salad Dressings and Mayonnaise market includes the market proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Salad Dressings and Mayonnaise market.
Readers can find the detailed segmentation and definition of the Salad Dressings and Mayonnaise market in this chapter, which will help them understand basic information about the Salad Dressings and Mayonnaise market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the Salad Dressings and Mayonnaise market report.
The associated industry assessment of the Salad Dressings and Mayonnaise market is carried out in this section. The macroeconomic factors affecting growth of the Salad Dressings and Mayonnaise market are provided in this section and the impact of these macroeconomic indicators on the Salad Dressings and Mayonnaise market is analyzed. The processing overview and technological advancements in the Salad Dressings and Mayonnaise market is also provided.
Profit margins at each level of the Salad Dressings and Mayonnaise market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the Salad Dressings and Mayonnaise market.
The drivers and restraints impacting the growth of the Salad Dressings and Mayonnaise market are explained in this chapter. Opportunities and ongoing trends in the Salad Dressings and Mayonnaise market are also comprehensively discussed.
This chapter includes detailed analysis of the historical Salad Dressings and Mayonnaise market (2015-2019), along with an opportunity analysis for the forecast period (2020-2030). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2020-2030).
Based on Product Type, the Salad Dressings and Mayonnaise market is segmented into salad dressing and mayonnaise. In this chapter, readers can find information about key trends and developments in the Salad Dressings and Mayonnaise market and market attractiveness analysis based on raw material.
Based on Application, the Salad Dressings and Mayonnaise market is classified into daily use, food industry. This part also offers market attractiveness analysis based on Application.
This chapter explains how the Salad Dressings and Mayonnaise market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.
This chapter includes a detailed analysis of the growth of the Salad Dressings and Mayonnaise market in North America, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on end users and countries in the North America region.
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the Salad Dressings and Mayonnaise market in Latin America. This chapter also includes growth prospects of the Salad Dressings and Mayonnaise market in leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.
Important growth prospects of the Salad Dressings and Mayonnaise market based on its end users in several countries such as Germany, U.K., France, Italy, Spain, BENELUX, Nordic, Russia, Poland, and the Rest of Western Europe are included in this chapter.
In this chapter, readers can find information about key trends and developments in the key countries of South Asia such as India, Thailand, Malaysia, Indonesia, Singapore, and Rest of South Asia Salad Dressings and Mayonnaise market.
This chapter includes a detailed analysis of the growth of the Salad Dressings and Mayonnaise market in the East Asia region, along with a country-wise assessment that includes, Japan, China, and South Korea. Readers can also find regional trends, regulations, and market growth based on end users and countries in the APEJ region.
This chapter offers insights into how the Salad Dressings and Mayonnaise market is expected to grow in major countries in the Middle East region such as Australia and New Zealand, during the forecast period 2020-2030.
This chapter contains information about the market growth of Salad Dressings and Mayonnaise in Middle East region such as GCC Countries, South Africa, North Africa, and the Rest of Middle East, during the forecast period 2020-2030.
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Salad Dressings and Mayonnaise market along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of leading manufacturers in the Salad Dressings and Mayonnaise market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Unilever, Kraft, Kewpie, McCormick, Nestle, Essen, Efko, Ajinomoto, Solpro, KENKO and others (Mayonnaise, Clorox, Ken’s, Sabormex, Kuhne, Ybarra).
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Salad Dressings and Mayonnaise report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the Salad Dressings and Mayonnaise market.
How the research was conducted?
- C - Level Executives
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- Current Market Dynamics and Challenges
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- Opinions on Market Projections and Validity Of Assumptions
- Industry Publications
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