Egg-free Mayonnaise Consumption Evaluation Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020-2025
Egg-free Mayonnaise Consumption Evaluation Market Overview
Egg-free Mayonnaise Consumption Evaluation Market size is estimated to reach $3.33 Bn by 2025 and is poised to grow at a CAGR of 6.83% during the forecast period 2020-2025. Mayonnaise is a light yellow sauce with a creamy and thick consistency. Egg-free mayonnaise can be divided into two categories depending on the amount of oil used during the preparation process. Low-fat egg-free mayonnaise contains 30-65% oil, while the full-fat egg-free mayonnaise contains 75-80% oil. Egg-free mayonnaise contains less saturated fats and cholesterol than the regular mayonnaise. It is mainly preferred by vegetarians in various recipes, on sandwiches or as a salad dressing. The growing demand for nutritious food and rapid inclination towards egg alternatives such as plant-based products across the globe is projected to fuel the growth of the Global Egg-free Mayonnaise Consumption Evaluation Market over the forecast years 2020-2025.
Egg-free Mayonnaise Consumption Evaluation Market Report Coverage
The report: “Egg-free Mayonnaise Consumption Evaluation Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Egg-free Mayonnaise Consumption Evaluation Market.
By Ingredient Type: Soy Protein, Pea Protein, and others.
By Nature: Organic, Conventional.
By End-User: HoReCa, Households, and others.
By Distribution Channel: Hypermarkets/Supermarkets, Online Channel, Specialty Stores, and others.
By Geography: North America, Asia-Pacific, Europe, and Rest of World.
Key Takeaways
- Geographically, the Asia-Pacific area is poised to see extraordinary development owing to the rising awareness regarding healthy lifestyles in the region and is set to continue during forecast period 2020-2025.
- The global demand for the Egg-free Mayonnaise Consumption Evaluation Market is owing to the growing awareness of the healthy lifestyle along with the increasing disposable income among the consumers around the globe.
- The lack of essential nutrients in the Egg-free Mayonnaise is estimated to restrain the market growth during the forecast period 2020-2025.
- Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Egg-free Mayonnaise Consumption Evaluation Market report.
By Nature - Segment Analysis
The global Egg-free Mayonnaise Consumption Evaluation Market based on Mode of Nature, can be further segmented into Organic, Conventional. Organic segment registered for the highest revenue in 2019 and is estimated to grow at highest CAGR over the forecast years 2020-2025. This is owing to the rising inclination of consumers towards natural and organic-based products across the world. However, the rising demand for organic products with no artificial preservatives and colors will further boost the demand for organic egg-free mayonnaise over the forecast period 2020-2025.
By Application – Segment Analysis
The global Egg-free Mayonnaise Consumption Evaluation Market based on Mode of Application, can be further segmented into HoReCa, Households, and others. The HoReCa segment registered for highest revenue in 2019 and projected to grow at the highest CAGR during the forecast period 2020-2025 owing to the increasing demand for eggless mayonnaise in hotels, restaurants and catering businesses driven by the wide variety of flavors of mayonnaise including garlic & herb, aioli, tandoori, mint, soy-free and mild curry. The rapid shift in the consumer’s preference towards the vegan diet pattern is further promoting hotels and restaurants to opt for eggless mayonnaise to capture the changing demand of the target consumers are driving the segment.
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