Mayonnaise Global Market Report 2023-2030: Wellness Trends Drive Innovations in Low-fat and Organic Mayonnaise, Rising Demand for Gourmet and Specialty Flavors [Yahoo! Finance]
AJINOMOTO CO UNSP/ADR (AJINY)
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Source: Yahoo! Finance
The global market for Mayonnaise is estimated at US$12.4 Billion in 2023 and is projected to reach US$14.7 Billion by 2030, growing at a CAGR of 2.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the mayonnaise market is driven by several factors, including advancements in food processing technology, an increase in consumer preference for premium and specialty condiments, and effective marketing strategies that resonate with evolving dietary trends. Technological innovations have allowed manufacturers to improve the shelf life and stability of mayonnaise, thereby enhancing its appeal as a non-perishable pantry staple suitable for various culinary uses. The expansion of gourmet food trends has seen a rise in demand for artisanal or craft mayonnaise varieties, which often feature exotic ingredients and unique flavor profiles. These premium products freq
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