Albany, NY -- (SBWIRE) -- 07/18/2018 -- Nowadays, it is well-known that Health and obesity issues have led to increased demand for healthy food products among consumers, such as salads and soups. This, as a result, expected to positively impact the salad dressing and mayonnaise market. To elaborate further, Market Research Hub (MRH) has publicized a study titled "Global Salad Dressings and Mayonnaise Market by Manufacturers, Regions, Type and Application, Forecast to 2023" to its vast repository. Considering various facets of the market, analysts have projected that worldwide market for Salad Dressings and Mayonnaise is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 23800 million US$ in 2023, from its valuation of 17600 million US$ in 2017.
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Salad dressing and mayonnaise is consumed by maximum amount of customers and forms the highest consumed category of food dressing worldwide. Mayonnaise is used as a sandwich spread and as a base in salad dressings while salad dressing is used to enhance the flavor of salads. Salad dressing includes condiments such as cream, sauces, cheese, nuts to enhance their taste whereas mayonnaise is a thick creamy sauce made of egg yolk, vinegar, oil and lemon juice.
This is a 154-page precise study which offers useful information and evaluations linked to the current and future market status prospects, along with a prime focus on major regions and key players operating within the salad dressing and mayonnaise market. Moreover, the report provides qualitative and quantitative analysis of the market, in which market dynamics, trends, product summary, and country-level information are covered. This report categorizes the market based on manufacturers, regions, type and application. Geographically, regions highlighted in the study include Asia-Pacific, North America, Europe, South America, Middle East and Africa.
The research study offers a thorough overview of the global salad dressings and mayonnaise market and throws light on the major factors that are predicted to impact the development of the overall market in the next few years. In addition, chief players dominant in the market are also discussed in the study. They include KENKO Mayonnaise, Efko, Sabormex, Essen, Unilever, Ajinomoto, Ybarra, Kraft, Solpro, Kewpie, Kuhne, Nestle, Kens, McCormick, Clorox and NMZhK.
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Some of the major findings from the study include-
- A major fact observed in the study include- major consumption areas of salad dressing is North America and West Europe, especially in Russia and the USA. North America market is dominated by Unilever and Kraft, while the Asia-Pacific market is dominated by Kewpie.
- Presently, the rising demand for salads, fast food, and soups is one of the important factors projected to fuel the growth of the global salad dressings and mayonnaise market in the forecast period.
- The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market.
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