The global vegan mayonnaise market is expected to grow at a CAGR of around 7.9% during 2024-2033. This report on the global vegan mayonnaise market report provides a holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global vegan mayonnaise market by segmenting the market based on packaging, distribution channel, and region. Also, detailed profiles of companies operating in the vegan mayonnaise market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decisions.
Market Drivers
The growing recognition of environmental and ethical considerations, coupled with a surge in health-conscious consumers, has stimulated the request for vegan and plant-based items, encompassing mayonnaise. Individuals are increasingly prioritizing their health, contributing to the rising popularity of vegan mayonnaise as a perceived healthier substitute for traditional varieties, commonly known for being lower in saturated fat and cholesterol.
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Market Restraints
Vegan items, such as mayonnaise, might occasionally carry a higher price tag compared to their conventional equivalents. This cost difference could pose a constraint, particularly in markets sensitive to pricing. Additionally, manufacturers face challenges in replicating the taste and texture of traditional mayonnaise without the use of eggs. Some consumers may perceive vegan alternatives as lacking in comparison.
Market Opportunities
Forming alliances between producers of vegan mayonnaise and foodservice providers or prominent retailers has the potential to enhance market visibility and accessibility. Moreover, promoting awareness among consumers regarding the advantages of vegan mayonnaise, such as its cholesterol-free composition and eco-friendly attributes, provides a prospect for market expansion.
Recent Industry Development
- In Mar 2023, Kraft Heinz and NotCo launched plant-based NotMayo. NotMayo, a plant-based mayonnaise that is the second product from Kraft Heinz’s joint venture with NotCo.
- In Jun 2022, Kraft Heinz and Bezos-Backed NotCo bet on Vegan Cheese and Mayo.
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Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Report’s Unit: US$
Global Vegan Mayonnaise Market Segmentation
Market by Packaging
- Glass Jars Packaging
- Plastic Containers and Packaging
- Pouches Packaging
Market by Distribution Channel
- Retail Stores
- Online Sales
- Other Distribution Channels
Market by Region
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
Latin America
- Mexico
- Brazil
- Argentina
- Chile
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa
List of Mentioned Companies
- American Garden
- C. F. Sauer
- Cremica Food Industries
- Del Monte Foods
- Oetker GmbH
- Eat Just (Hampton Creek)
- Kraft Heinz
- Newman’s Own
- Remia C.V.
- The Best Foods
- Unilever (Hellmanns)
Report Coverage
Report Feature | Details |
Base Year | 2023 |
Historical Period | 2019-2022 |
Forecast Period | 2024-2033 |
Units | US$ Million |
Segments Covered | Packaging, Distribution Channel, Region |
Region Covered | Europe, North America, Asia Pacific, Latin America, Middle East and Africa |
Companies Covered | American Garden, C.F. Sauer, Cremica Food Industries, Del Monte Foods, Oetker GmbH, Eat Just (Hampton Creek), Kraft Heinz, Newman’s Own, Remia C.V., The Best Foods, Unilever (Hellmanns) |
Purchase Options | Single User License: US$ 2,999 Five User License: US$ 3,499 Corporate License: US$ 4,499 |
Research Methodology
During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.
Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis.Â
Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.
Key Questions Answered in the Report
- What will be the global vegan mayonnaise market size and the growth rate in the coming year?
- What are the main key factors driving the market?
- What are the key market trends impacting the growth of the market?
- What are the market opportunities and threats in the market?
- What industrial trends, drivers, and challenges are manipulating its growth?
- Which are trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players in the industry?
- What is the impact of COVID-19 on the current industry?
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Vegan Mayonnaise Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Vegan Mayonnaise Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Vegan Mayonnaise Market by Packaging (US$ Million, 2019-2033)
5.1. Introduction
5.2. Glass Jars Packaging
5.3. Plastic Containers and Packaging
5.4. Pouches Packaging
5.5. Key Segment Investment Opportunity
6. Global Vegan Mayonnaise Market by Distribution Channel (US$ Million, 2019-2033)
6.1. Introduction
6.2. Retail Stores
6.3. Online Sales
6.4. Other Distribution Channels
6.5. Key Segment Investment Opportunity
7. Global Vegan Mayonnaise Market by Region (US$ Million, 2019-2033)
7.1. Introduction
7.2. Europe
7.3. North America
7.4. Asia Pacific
7.5. Latin America
7.6. Middle East & Africa
7.7. Key Segment Investment Opportunity
8. Europe Vegan Mayonnaise Market (US$ Million, 2019-2033)
8.1. Introduction
8.2. Key Drivers and Takeaways
8.3. Europe Market Breakup by Packaging
8.4. Europe Market Breakup by Distribution Channel
8.5. Europe Market Breakup by Country
8.5.1. Germany
8.5.2. United Kingdom
8.5.3. France
8.5.4. Italy
8.5.5. Spain
8.5.6. Russia
8.5.7. Netherlands
8.5.8. Sweden
8.5.9. Poland
8.5.10. Rest of Europe
9. North America Vegan Mayonnaise Market (US$ Million, 2019-2033)
9.1. Introduction
9.2. Key Drivers and Takeaways
9.3. North America Market Breakup by Packaging
9.4. North America Market Breakup by Distribution Channel
9.5. North America Market Breakup by Country
9.5.1. United States
9.5.2. Canada
10. Asia Pacific Vegan Mayonnaise Market (US$ Million, 2019-2033)
10.1. Introduction
10.2. Key Drivers and Takeaways
10.3. Asia Pacific Market Breakup by Packaging
10.4. Asia Pacific Market Breakup by Distribution Channel
10.5. Asia Pacific Market Breakup by Country
10.5.1. China
10.5.2. Japan
10.5.3. India
10.5.4. South Korea
10.5.5. Australia
10.5.6. ASEAN
10.5.7. Rest of Asia Pacific
11. Latin America Vegan Mayonnaise Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. Latin America Market Breakup by Packaging
11.4. Latin America Market Breakup by Distribution Channel
11.5. Latin America Market Breakup by Country
11.5.1. Mexico
11.5.2. Brazil
11.5.3. Argentina
11.5.4. Chile
11.5.5. Rest of Latin America
12. Middle East and Africa Vegan Mayonnaise Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. Middle East and Africa Market Breakup by Packaging
12.4. Middle East and Africa Market Breakup by Distribution Channel
12.5. Middle East and Africa Market Breakup by Country
12.5.1. Saudi Arabia
12.5.2. Turkey
12.5.3. Iran
12.5.4. United Arab Emirates
12.5.5. Rest of Middle East & Africa
13. Competitive Landscape
13.1. Competitive Dashboard
13.2. Key Industry Strategies Analysis
13.3. Recent Developments
13.4. Market Scenario
14. Company Profiles
14.1. American Garden
14.2. C.F. Sauer
14.3. Cremica Food Industries
14.4. Del Monte Foods
14.5. Dr. Oetker GmbH
14.6. Eat Just (Hampton Creek)
14.7. Kraft Heinz
14.8. Newman’s Own
14.9. Remia C.V.
14.10. The Best Foods
14.11. Unilever (Hellmann’s)
- Description
-
The global vegan mayonnaise market is expected to grow at a CAGR of around 7.9% during 2024-2033. This report on the global vegan mayonnaise market report provides a holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global vegan mayonnaise market by segmenting the market based on packaging, distribution channel, and region. Also, detailed profiles of companies operating in the vegan mayonnaise market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decisions.
Market Drivers
The growing recognition of environmental and ethical considerations, coupled with a surge in health-conscious consumers, has stimulated the request for vegan and plant-based items, encompassing mayonnaise. Individuals are increasingly prioritizing their health, contributing to the rising popularity of vegan mayonnaise as a perceived healthier substitute for traditional varieties, commonly known for being lower in saturated fat and cholesterol.
Â
Market Restraints
Vegan items, such as mayonnaise, might occasionally carry a higher price tag compared to their conventional equivalents. This cost difference could pose a constraint, particularly in markets sensitive to pricing. Additionally, manufacturers face challenges in replicating the taste and texture of traditional mayonnaise without the use of eggs. Some consumers may perceive vegan alternatives as lacking in comparison.
Market Opportunities
Forming alliances between producers of vegan mayonnaise and foodservice providers or prominent retailers has the potential to enhance market visibility and accessibility. Moreover, promoting awareness among consumers regarding the advantages of vegan mayonnaise, such as its cholesterol-free composition and eco-friendly attributes, provides a prospect for market expansion.
Recent Industry Development
- In Mar 2023, Kraft Heinz and NotCo launched plant-based NotMayo. NotMayo, a plant-based mayonnaise that is the second product from Kraft Heinz’s joint venture with NotCo.
- In Jun 2022, Kraft Heinz and Bezos-Backed NotCo bet on Vegan Cheese and Mayo.
Â
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Report’s Unit: US$
Global Vegan Mayonnaise Market Segmentation
Market by Packaging
- Glass Jars Packaging
- Plastic Containers and Packaging
- Pouches Packaging
Market by Distribution Channel
- Retail Stores
- Online Sales
- Other Distribution Channels
Market by Region
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
Latin America
- Mexico
- Brazil
- Argentina
- Chile
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa
List of Mentioned Companies
- American Garden
- C. F. Sauer
- Cremica Food Industries
- Del Monte Foods
- Oetker GmbH
- Eat Just (Hampton Creek)
- Kraft Heinz
- Newman’s Own
- Remia C.V.
- The Best Foods
- Unilever (Hellmanns)
Report Coverage
Report Feature Details Base Year 2023 Historical Period 2019-2022 Forecast Period 2024-2033 Units US$ Million Segments Covered Packaging, Distribution Channel, Region Region Covered Europe, North America, Asia Pacific, Latin America, Middle East and Africa Companies Covered American Garden, C.F. Sauer, Cremica Food Industries, Del Monte Foods, Oetker GmbH, Eat Just (Hampton Creek), Kraft Heinz, Newman’s Own, Remia C.V., The Best Foods, Unilever (Hellmanns) Purchase Options Single User License: US$ 2,999
Five User License: US$ 3,499
Corporate License: US$ 4,499Research Methodology
During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.
Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis.Â
Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.
Key Questions Answered in the Report
- What will be the global vegan mayonnaise market size and the growth rate in the coming year?
- What are the main key factors driving the market?
- What are the key market trends impacting the growth of the market?
- What are the market opportunities and threats in the market?
- What industrial trends, drivers, and challenges are manipulating its growth?
- Which are trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players in the industry?
- What is the impact of COVID-19 on the current industry?
- Table of Contents
-
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Vegan Mayonnaise Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Vegan Mayonnaise Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Vegan Mayonnaise Market by Packaging (US$ Million, 2019-2033)
5.1. Introduction
5.2. Glass Jars Packaging
5.3. Plastic Containers and Packaging
5.4. Pouches Packaging
5.5. Key Segment Investment Opportunity
6. Global Vegan Mayonnaise Market by Distribution Channel (US$ Million, 2019-2033)
6.1. Introduction
6.2. Retail Stores
6.3. Online Sales
6.4. Other Distribution Channels
6.5. Key Segment Investment Opportunity
7. Global Vegan Mayonnaise Market by Region (US$ Million, 2019-2033)
7.1. Introduction
7.2. Europe
7.3. North America
7.4. Asia Pacific
7.5. Latin America
7.6. Middle East & Africa
7.7. Key Segment Investment Opportunity
8. Europe Vegan Mayonnaise Market (US$ Million, 2019-2033)
8.1. Introduction
8.2. Key Drivers and Takeaways
8.3. Europe Market Breakup by Packaging
8.4. Europe Market Breakup by Distribution Channel
8.5. Europe Market Breakup by Country
8.5.1. Germany
8.5.2. United Kingdom
8.5.3. France
8.5.4. Italy
8.5.5. Spain
8.5.6. Russia
8.5.7. Netherlands
8.5.8. Sweden
8.5.9. Poland
8.5.10. Rest of Europe
9. North America Vegan Mayonnaise Market (US$ Million, 2019-2033)
9.1. Introduction
9.2. Key Drivers and Takeaways
9.3. North America Market Breakup by Packaging
9.4. North America Market Breakup by Distribution Channel
9.5. North America Market Breakup by Country
9.5.1. United States
9.5.2. Canada
10. Asia Pacific Vegan Mayonnaise Market (US$ Million, 2019-2033)
10.1. Introduction
10.2. Key Drivers and Takeaways
10.3. Asia Pacific Market Breakup by Packaging
10.4. Asia Pacific Market Breakup by Distribution Channel
10.5. Asia Pacific Market Breakup by Country
10.5.1. China
10.5.2. Japan
10.5.3. India
10.5.4. South Korea
10.5.5. Australia
10.5.6. ASEAN
10.5.7. Rest of Asia Pacific
11. Latin America Vegan Mayonnaise Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. Latin America Market Breakup by Packaging
11.4. Latin America Market Breakup by Distribution Channel
11.5. Latin America Market Breakup by Country
11.5.1. Mexico
11.5.2. Brazil
11.5.3. Argentina
11.5.4. Chile
11.5.5. Rest of Latin America
12. Middle East and Africa Vegan Mayonnaise Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. Middle East and Africa Market Breakup by Packaging
12.4. Middle East and Africa Market Breakup by Distribution Channel
12.5. Middle East and Africa Market Breakup by Country
12.5.1. Saudi Arabia
12.5.2. Turkey
12.5.3. Iran
12.5.4. United Arab Emirates
12.5.5. Rest of Middle East & Africa
13. Competitive Landscape
13.1. Competitive Dashboard
13.2. Key Industry Strategies Analysis
13.3. Recent Developments
13.4. Market Scenario
14. Company Profiles
14.1. American Garden
14.2. C.F. Sauer
14.3. Cremica Food Industries
14.4. Del Monte Foods
14.5. Dr. Oetker GmbH
14.6. Eat Just (Hampton Creek)
14.7. Kraft Heinz
14.8. Newman’s Own
14.9. Remia C.V.
14.10. The Best Foods
14.11. Unilever (Hellmann’s)