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I AgreeAnalysis of Low Fat Mayo market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Mayonnaise is one of the famous dips in the food industry, popular in the market due to the rich tangy taste that complements the main dish. As the rich taste comes with loaded calories and fat due to the ingredients, manufacturers have developed low fat mayo with ingredients like olive oil, water, and starch etc. and these ingredients gives a similar taste with a reduced level of fat and calorie content.
North America is the prime market for low fat mayo, as the consumer base is showing continuous rising demand for low fat mayo and consecutively rising application of low fat mayo in the food industry.
Europe is observing a rise in demand for low fat mayo as low fat mayo is used prominently in salad dressing and ready-to-eat food products.
On the other hand, Asia Pacific holds large potential for the low fat mayo market to grow, as countries like India, China, Japan, South Korea, and other has a large application of mayo and with increasing, awareness and product offering the region will certainly bolster the low fat mayo market.
The rising number of the fast-food chain is driving the low fat mayo market across the globe. This fast-food chain with ready-to-eat food is influencing consumers to consume low-fat mayo as it is prominently used as a side dish, or dip for flavor enhancement.
Consumers use low fat mayo as a sandwich spread, burger sauce, dips for tacos, and a combination of different sauces. Consumers are reacting positively to flavored low-fat mayo such as cheese, chipotle, mint, tandoori, and many more other flavors.
With the rise in the vegan population, a rise in demand for low fat mayo made with vegan ingredients is rising. As a result, eggless low fat mayo is widely accepted by consumers across the globe.
Dr. Oetker FunFoods eggless low fat mayo has witnessed considerable growth in the Indian market and according to the company’s claim, the market is rising rapidly.
are some of the key players of global low fat mayo.
Manufacturers have observed acceleration in the development of low fat mayo as it was introduced in hypermarket/supermarkets. A considerate amount of consumer buys low fat mayo from this distribution channel and thus helps in enhance market penetration and engagement with the consumer base.
Manufacturers are now aiming in becoming pioneers in low-fat mayo market made of ingredients without eggs, as consumers have shown their inclination towards eggless mayo.
Ingredients used in low fat mayo are clearly stated on the packaging as it becomes the identifier and differentiates it from other players.
As a prominent portion of the consumer base of low-fat mayo is in the age bracket 15-25, manufacturers are customizing package design and size suiting its consumption.
Responding to this need, manufacturers are making different types of packaging as per the convenience of the application of the consumer.
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The Low Fat Mayo market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Low Fat Mayo market report projects the attractiveness of each major segment over the forecast period.
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From 2021 to 2031, the Low Fat Mayo industry is poised to flourish at a 4% CAGR
North America is the most important market for low fat mayo.
Dr. Oetker, Conagra Brands Inc, McCormick & Company Inc., Crosse & Blackwell and Nestle are the top 5 players in Low Fat Mayo market.