According to the research report titled ‘Global Egg-Free Mayonnaise Market Size study, by Nature (Organic, Conventional), by End-Users (HoReCa, Households, Others), by End-Users (Online Stores, Hypermarkets, Specialized Stores, Others) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global egg-free mayonnaise market was worth USD 3.62 billion in 2021 and is anticipated to record a CAGR of 6.20% over the forecast period to amass USD 5.52 billion by the year 2028.

Report findings suggest that rising demand for items made from plants, numerous health benefits offered by the product, and the surging number of people adopting veganism are the major growth determinants for global egg-free mayonnaise market.

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For the unversed, a mayonnaise spread without eggs is called egg-free mayonnaise or vegan mayonnaise. It is an emulsion of acid and oil, and to aid in the proper mixing of the two ingredients, any plant-based protein, such as soy or pea protein, is added in place of egg protein.

Furthermore, the new trend of adding nutritional value to the product is most likely to accelerate industry expansion in the coming years.

However, changing and evolving requirements of food regulating authorities may restrain market growth during the forecast timeframe.

Based on nature, the industry is split into conventional and organic. In terms of end-users, the market is branched into households, HoReCa, and others. On the basis of distribution channel, worldwide egg-free mayonnaise market is divided into specialized stores, hypermarkets, online stores, and others.

Regionally, North America industry holds a significant revenue share at present and is poised to register notable traction through the assessment period, owing to soaring population of health-conscious youngsters and the adoption of veganism in the region.

Whereas Asia Pacific market is slated to grow considerably during the forecast period, due to the rapid rate of urbanization and increasing consumer demand for the product in the region.

Nasoya Foods Inc., Veeba Food Services Pvt Ltd., Eat Just Inc., Spectrum Organic Products Inc., Del Monte Foods Inc., Unilever plc, Zydus Wellness Ltd., Nestlé S.A., and Crosse & Blackwell are the leading players in global egg-free mayonnaise market. These players are using various methods to strengthen their position in the business sphere.