Global Salad Dressings and Mayonnaise Market is Projected to Reach 22.53 billion USD by 2023

Global Salad Dressings and Mayonnaise Market is Projected to Reach 22.53 billion USD by 2023 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch • The Global mayonnaise and salad dressing market would growth with CAGR of 4.03% from 2017 to 2024 in terms of value. The annual consumption amount of mayonnaise and salad dressing would reach to 4787.6 K MT in 2024. In the future, the consumption in Asia-Pacific would be the growth point in developing countries. • The market of mayonnaise and salad dressing is fragmented with a tail of manufacturers. The largest producers of mayonnaise in the worldwide are Unilever Unilever, Kraft, Kewpie, McCormick and Nestle. The largest producing area of mayonnaise are North America and Eastern Europe, especially in Russia and USA. Each manufacturer has its targeted market region. For example, Eastern Europe market is dominated by Russian manufacturers like Essen, Efko and NMZhK. North America market is dominated by Unilever and Kraft, while Asia-Pacific market is dominated by Kewpie. www.qyresearch.com

QYResearch Click to view the full report TOC, figure and tables： https://www.qyresearch.com/index/detail/166417/global-saladdressings-and-mayonnaise-market • The global mayonnaise and salad dressing market is a $18 Billion market, with an average growth rate of 5.09% CAGR from 2013-2017. The market growth in terms of volume is sluggish, in consideration of the growing need for low fat food.

The price of mayonnaise and salad dressing has been increasing, due to the lifting cost of raw material price and labor force.

• The market of salad dressing is smaller than mayonnaise in terms of consumption volume. The largest producers of salad dressing in the worldwide are Wish-Bone (sold by Unilever to Pinnacle Foods), Clorox, Kraft, Kewpie and Kuhne. Major consumption areas of salad dressing is North America and West Europe. www.qyresearch.com

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• The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. • The Global Salad Dressings and Mayonnaise Market Research Report 2017 report released by QYResearch provides a basic overview of the Salad Dressings and Mayonnaise industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

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