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The Argentina mayonnaise market reached around USD 174.08 million in 2023. The market is projected to grow at a CAGR of 3.5% between 2024 and 2032, reaching almost USD 239.33 million by 2032.
As per the International Food Information Council, an increasing number of Argentine consumers are prioritising clean-label and all-natural products’ consumption to reap their health benefits. This, coupled with the rising prevalence of obesity among adults in Argentina (over 30%), is expected to drive the demand for low/medium calorie mayonnaise.
Major market players are expected to reformulate their existing product lines and add functional ingredients like vegetable oils and lemon juice in mayonnaise to enhance its nutritional profile while maintaining its original taste. The selection of the right mixing technology is essential for market players to produce thick, creamy mayonnaise, attracting buyers towards its high consistency and colour.
To deal with the anticipated increase in egg shortage and consumers’ shift towards consuming a vegetarian diet, dairy-free mayonnaise is expected to become increasingly popular among Argentine households. The establishment of new restaurant chains is expected to further propel the demand for mayonnaise, as it is a crucial ingredient in preparing various dishes.
As per the Argentine Chamber of Information and Communications, 82% of Argentinian households have internet access and every 9/10 people have a cell phone. This is expected to drive the online sales of mayonnaise nationally, making online retailers the biggest distribution channel for condiments over the forecast period.
Argentina Mayonnaise Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by End Use
Market Breakup by Distribution Channel
Based on type, the market is divided into flavoured mayonnaise and unflavoured mayonnaise. Over the forecast period, flavoured mayonnaise is expected to emerge as a significant segment in the market, as it has diverse culinary applications and imparts a unique flavour to various dishes.
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Major market players are expected to expected to introduce clean-label mayonnaise amid growing health consciousness.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market reached nearly USD 174.08 million in 2023.
The market is projected to grow at a CAGR of 3.5% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 239.33 million in 2032.
The different types of mayonnaises in the market include unflavoured mayonnaise and flavoured mayonnaise.
The different distribution channels of mayonnaise in the market include supermarkets and hypermarkets, convenience stores, and online retailers, among others.
The key market players are Molto S.A., Unilever Plc, Arytza, and Menoyo S.A., among others.
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