India Mayonnaise & Salad Dressing Marketplace Reviewed in Bonafide Research & Marketing New Report Published at MarketPublishers.com24 Feb 2016 • by Natalie Aster
LONDON – In the Indian mayonnaise and salad dressing market, producers are aimed at encouraging consumers through aggressive campaigns and advertising to adopt such products to try novel dishes at home by making use of mayonnaise and salad dressing sauces in the various recipes. Still, the penetration of the market is very low, which opens the door for novel and huge opportunities in the national mayonnaise and salad dressing industry.
India mayonnaise & salad dressing market has been growing at a CAGR of 21.54% over the past five years and is projected to increase three-fold by 2021 owing to the rising trend of international foods, brand awareness, growing disposable income levels, surging demand in middle class population and the rise of international food chains. The unorganised market in the industry is lagging behind in comparison with the organised industry; as institutional food buyers are more focused on quality mayonnaise and salad dressings than prices so that they only consume the respective branded food products.
India’s market for mayonnaise and salad dressing products is forecast gain traction posting 24.72% CAGR over the next six years. Such key players as Cremica, Fun Foods, American Garden, Del Monte, Kraft and Scandic Food (SIL) are operating in the organised mayonnaise and salad dressing market. Eggless mayonnaise along with its different variants takes the lead the mayonnaise market. By category, Fun Foods have dominated the mayonnaise market for many decades. India’s metropolitan cities capture a significant market share in the sales of salad dressing products and mayonnaise, with different variants increasing at a fast rate amid the upper middle class.
New report “India Mayonnaise & Salad Dressing Market Overview” created by Bonafide Research & Marketing provides an all-inclusive, unbiased assessment of the Indian mayonnaise & salad dressing marketplace. It estimates the size of the domestic market by volume and value, reveals market shares by segments. The study also provides a detailed outlook for the two individual market categories – mayonnaise and salad dressings, analysing and forecasting the market values and volumes; offering pricing analyses and forecasts; presenting coverage of raw materials; and providing a detailed outlook for the unorganised market. The research study also profiles the top 5 industry players.
India Mayonnaise & Salad Dressing Market Overview
Published: February, 2016
Price: US$ 900.00
More studies by this publisher can be found at Bonafide Research & Marketing page.