North America Mayonnaise Market Price Trends 2021-26: Share, Size, Growth and Forecast
According to the latest report by IMARC Group, titled, “North America Mayonnaise Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the North America mayonnaise market size reached US$ 5.6 Billion in 2020. Looking forward, the market expects exhibit moderate growth during 2021-2026.
Mayonnaise refers to one of the most popular condiments, which is used as a dip for snacks and spread for sandwiches, tacos, rolls, etc. It is creamy in consistency and made traditionally by adding ingredients, such as egg yolks, oil, vinegar or lemon juice, and seasonings, one after the another, and simultaneous stirring of the mixture. Mayonnaise also provides several health benefits, such as lowering cholesterol level, improving overall heart health, and helping in nutrient absorption if consumed in moderation.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The expanding HoReCa industry, along with the growing popularity of various fast-food products such as burgers, pasta, salads, sandwiches, etc., has resulted in the increased consumption of mayonnaise. This is primarily driving the product demand in North America. Moreover, several regional manufacturers are offering a wide range of unique mayonnaise flavors such as mint, cheese, tangy pickle, chipotle, tandoori, etc., to the consumers. Additionally, owing to the health-consciousness among consumers, various manufacturers are also launching low-fat and organic mayonnaise variants to expand their existing consumer base. Besides this, inflating disposable income of the consumers along with the proliferation of online retail channels aiding in smooth product distribution is expected to further propel the market for mayonnaise in North America over the forecasted period.
North America Mayonnaise Market 2021-2026 Analysis and Segmentation:
The market is highly fragmented in nature with the presence of small, mid-size and large palyers in the country. The report analyzes some of the major players operating in the industry.
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The report has segmented the market on the basis of Type, End Use, Distribution Channel and Region.
Market by Type
- Unflavoured Mayonnaise
- Flavoured Mayonnaise
Market by End Use
Market by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Speciality Stores
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