Egg-free Mayonnaise Market

Global Egg-free Mayonnaise Market Size (2024 to 2032)

The Global Egg-free Mayonnaise Market was at USD 3.84 billion in 2024 and USD 6.21 billion by 2032, and is estimated to experience reasonable growth to record a CAGR of 6.2% throughout the foreseen period 2024 to  2032.

MARKET OVERVIEW

Vegan mayonnaise is officially taking over the seasoning world, with more egg-free products than ever. As more people adopt a plant-based or flexitarian diet, the global food market has created new dressings to brighten up the dullest of salads. Plant-based mayo is mixed with avocado oil, tofu, and even legumes. In the world of all things delicate, mayonnaise is unique because it is both every day and luxurious. A spoonful of the product turns a simple sandwich into a tastier lunch, a regular burger into a sumptuous snack. However, since mayonnaise is traditionally made with egg yolk, vegan versions are in high demand. In addition to being more sustainable and ethically sourced, plant-based mayonnaise generally contains less saturated fat than egg alternatives and is 20-22% fewer in calories.

The rising focus on a healthy lifestyle along with the surge in disposable income of consumers in different parts of the world is acting as a principal factor promoting growth in the global Egg-Free Mayonnaise market. Growing health problems like diabetes, cholesterol issues, and high blood pressure among consumers are encouraging them to adopt healthy diets, which will drive demand for egg-free mayonnaise. In addition, the growing demand for nutritious foods and the rapid inclination towards egg substitutes such as plant-based products in the food and beverage industry will fuel the growth of the global market for egg-free mayonnaise in the following years. Egg-free mayonnaise offers exceptional nutritional benefits, such as abundant amounts of vitamin A, vitamin E, and vitamin K with a lower calorie content compared to regular mayonnaise. The rise of the vegan population, coupled with the growing awareness of animal welfare, will further accelerate the growth of the global egg-free mayonnaise business. In addition, the rising need for gluten-free, natural and fat-free food products will have a positive impact on the market. On the flip side, the lack of essential nutrients like calcium, vitamin B12, and vitamin D in egg-free mayonnaise is supposed to pose serious threat to the business expansion in the coming years.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Egg-free Mayonnaise Market Analysis By Nature

On the basis of nature, organic egg-free mayonnaise is expected to dominate the market during the forecast period due to the increasing inclination of consumers towards natural and organic products around the world. Additionally, the growing demand for organic products without preservatives or artificial colours will further drive demand for organic egg-free mayonnaise in the years to come. Organic mayonnaise is made up of many oils, including sunflower, olive, mustard, avocado, and grapeseed, which help lower cholesterol levels and promote good heart health. Besides, the recent changes in consumer preference for healthier food options with enhanced taste over the conventional food products is supposed to fuel the call for organic mayonnaise around the world.

Global Egg-free Mayonnaise Market Analysis By End-User

On an end-user basis, the HoReCa end-user segment is supposed to grow at a higher CAGR over the envisioned period. The growing demand for egg-free mayonnaise in hotels, restaurants and caterers, driven by the wide variety of mayonnaise flavors, including aioli, tandoori, garlic and herbs, mint, curry no soy and mild curry. The significant shift in consumer preference for a vegan diet is a further incentive for hotels and restaurants to switch to egg-free mayonnaise to capture the changing demand of target consumers.

Global Egg-free Mayonnaise Market Analysis By Distribution Channel

Based on the distribution channel, the hypermarket segment is supposed to grow at a higher CAGR during the projection period due to the easy availability of a wide range of brands under one roof. The hypermarket offers consumers with various products under one roof along with several discount offers.

REGIONAL ANALYSIS

The global market for Egg-free Mayonnaise has been categorized on the basis of geography into the regions of North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. North America and Europe dominate the market due to growing demand for plant-based foods and, in general, high consumption of mayonnaise. The market is not well established in Latin America despite the popularity of traditional mayonnaise in the region. The market is relatively small in the Asia Pacific but is determined to grow rapidly due to increased consumption, retail penetration, and urbanization. The other important aspect of the market is its popularity in certain regions like India. The rapid growth in the consumption of eggless mayonnaise in India is largely attributed to the large vegetarian population and the various social and religious conventions of the country. It is estimated that more than 80% of the mayonnaise sales in the country are occupied by varieties without eggs.

KEY PLAYERS IN EGG-FREE MAYONNAISE MARKET

Key Players In Egg-free Mayonnaise Market are Key players in the Global Egg-free Mayonnaise Market include Cremica Food Industries Ltd., American Garden, Hampton Creek, Del Monte Foods, Inc., Dr. Oetker, Remia, Unilever (Hellmann’s), Trader Joe's, etc.

RECENT HAPPENINGS IN THE MARKET

• In 2019, Zydus Wellness Limited launched its Egg-Free Mayonnaise product with exceptional nutritional values ​​such as Vitamin A, Vitamin D and Vitamin E in India.

• In 2018, Del Monte has launched convenient and inexpensive spout packs of its popular Mayonnaise Spread line, which will make it even more convenient, delicious and affordable to add flavour to a wide range of foods and snacks. With changing lifestyles and an urbanized way of life, Indians are embracing more innovative and novel food choices in their diets.

• In March 2019, Nutralite, India's largest tabletop spread brand, has launched India's first line of mayonnaise containing vitamins. This mayonnaise comprises of vitamins A, D and E and offers almost 30% of the daily requirement of these vitamins with a single serving.
• Unilever P.L.C. signed a deal to procure Sir Kensington's, a condiment maker based in New York, USA. Terms of the transaction were not disclosed. Launched in 2010, Sir Kensington's produces seasonings sold in the natural and organic market using ingredients from sustainable sources and verified by the Non-GMO Project. The company's portfolio includes mustard, ketchup, mayonnaise, and a vegan aquafaba-based mayonnaise called Fabanaise.

DETAILED SEGMENTATION OF THE GLOBAL EGG-FREE MAYONNAISE MARKET INCLUDED IN THIS REPORT    

This research report on the Global Egg-Free Mayonnaise Market has been segmented and sub-segmented based on nature, end user, distribution channel, & region.        

By Nature

• Conventional
• Organic

By End-User

• Households
• HoReCa
• Others

By Distribution Channel

• Specialised Stores
• Hypermarkets
• Online Stores
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa