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The global mayonnaise market size to reach a value of US$ 15.1 Billion by 2027.
Increasing demand for ready-to-eat products based on the growing adoption of on-the-go food consumption habits represents one of the key drivers for the global mayonnaise market.
The introduction of innovative flavors of mayonnaise, along with the emergence of low-calorie, vegan, and eggless product variants represent some of the key trends in the global mayonnaise market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous manufacturing units and disrupted supply chains for mayonnaise and other related products.
On the basis of the type, the market has been classified into flavored mayonnaise and unflavored mayonnaise. Currently, unflavored mayonnaise accounts for majority of the market share.
On the basis of the end use, the market has been classified into institutional and retail. At present, the institutional segment exhibits a clear dominance in the market.
On the basis of the distribution channel, the market has been classified into supermarkets and hypermarkets, convenience stores, online retailers, specialty stores, and others. Currently, supermarkets and hypermarkets represent the largest segment.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.
The key companies in the global mayonnaise market are Nestlé SA, Ajinomoto Co., Inc., McCormick & Company, Inc., Kraft Heinz Company and Unilever PLC.
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