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Egg-free Mayonnaise Market Size - By Product (Soy-Based, Aquafaba-Based, Avocado-Based), By Nature (Organic, Gluten-Free, Low-Fat, Flavored Varieties), By End-use (Retail, Food service, Industrial), Distribution Channel & Global Forecast, 2023 – 2032
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Egg-free Mayonnaise Market
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Base Year: 2022
Companies covered: 15
Tables & Figures: 246
Countries covered: 22
Pages: 150
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Egg-free Mayonnaise Market Size
Egg-free Mayonnaise Market size was valued at USD 4.1 billion in 2022 and is estimated to expand at 6.2% CAGR from 2023 to 2032. The rising popularity of vegan and plant-based diets has led to an increasing demand for egg-free alternatives to traditional mayonnaise, which contains eggs. Consumers following these diets seek products that align with their ethical and environmental values, making egg-free mayonnaise a preferred choice.
Many consumers have dietary restrictions or allergies, including egg allergies, that prevent them from consuming traditional mayonnaise made with eggs. Egg-free mayonnaise provides a suitable alternative for individuals with egg allergies or those seeking to avoid cholesterol and saturated fats found in eggs.
Sourcing high-quality and sustainable plant-based ingredients in sufficient quantities can be a challenge. The supply chain for specialized ingredients may be less established than conventional egg-based mayonnaise ingredients. Maintaining the stability and extended shelf life of egg-free mayonnaise products without the use of preservatives can be difficult. Stability issues can impact product quality and consumer satisfaction. Producing egg-free mayonnaise using plant-based ingredients may be more expensive than traditional mayonnaise.
COVID-19 Impact
The closure of restaurants, cafes, and other foodservice establishments during lockdowns significantly impacted the foodservice sector, leading to decreased demand for condiments like egg-free mayonnaise in the hospitality industry. During the pandemic, consumers have become more health-conscious and have shown a growing interest in plant-based and healthier food options. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is set to drive the market growth.
Egg-free Mayonnaise Market Trends
The rising popularity of plant-based diets and the growing interest in vegan alternatives have been significant drivers for the market. Consumers are seeking healthier, cruelty-free, and environmentally sustainable options, leading to an increased demand for plant-based condiments like egg-free mayo. Egg-free mayonnaise, with its lower cholesterol and saturated fat content compared to traditional mayonnaise made with eggs, is perceived as a healthier alternative. Thus, the growing prevalence of chronic and blood-related disorders is expected to expedite the industry growth.
Egg-free Mayonnaise Market Analysis
The egg-free mayonnaise market from soy based segment dominated around USD 1.6 billion revenue in 2022. Soy-based egg-free mayonnaise has been on the market for a while and has a significant consumer base familiar with its taste and texture. Soy-based ingredients can provide a source of plant-based protein, attracting consumers looking to add protein to their diet.
The organic segment accounted for 40% of the egg-free mayonnaise market share in 2022. Organic and Non-GMO certifications assure consumers that the egg-free mayonnaise is made with natural ingredients, free from genetically modified organisms and harmful chemicals.
The egg-free mayonnaise market from food service segment is anticipated to grow at 5.2% CAGR through 2032. The foodservice sector drives demand for egg-free mayonnaise as it caters to customers with dietary restrictions or preferences for plant-based options in various dishes, including burgers, sandwiches, and salads.
The online retail segment is projected to show tremendous growth till 2032. The rise of e-commerce platforms has made it easier for consumers to access a wide range of specialty food products, including egg-free mayonnaise. Online retail offers convenience, variety, and accessibility to consumers in remote areas or those with limited access to physical stores.
U.S. egg-free mayonnaise market size held over USD 0.9 billion in 2022, driven by health and environmental concerns. Egg-free mayonnaise, being a vegan and plant-based alternative to traditional mayo, appeals to consumers following these dietary trends.
Egg-free Mayonnaise Market Share
Some of the major companies operating in the egg-free mayonnaise market are
These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Egg-free Mayonnaise Industry News:
This egg-free mayonnaise market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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Market, By Ingredient
Market, By Nature
Market, By End-use
Market, By Distribution Channel
The above information has been provided for the following regions and countries: