Top 5 Mayonnaise Companies in the World

The global mayonnaise market size reached US$ 12.8 Billion in 2023. The market is primarily driven by the rising product adoption in hotels, restaurants, and cafes (HoReCa) to prepare burgers, sandwiches, salads, dips, sauce, pasta, pizza, and other food products. In addition, the growing popularity of Western food culture represents another major growth-inducing factor. Besides this, the easy product availability in hypermarkets, supermarkets, convenience stores, grocery stores, and online shopping platforms is also contributing to market growth. Furthermore, the increasing working population and the escalating demand for on-the-go mayonnaise-based food items are positively influencing the market growth.

As per the analysis by IMARC Group, the top mayonnaise companies are launching eggless, low-fat, vegan, and organic mayonnaise variants to attract health-conscious and vegan consumers. For instance, in February 2020, Kraft Heinz introduced vegan mayonnaise and salad cream at retail stores in the United Kingdom. Moreover, the leading market players are also introducing multiple flavors, including chipotle, mint, tangy pickle, cheese, and tandoori, to cater to the diversified tastes and preferences of consumers. Besides this, several key manufacturers are launching small and affordable packages to compete with the growing competition in the market. Looking forward, IMARC Group expects the market to reach US$ 18.4 Billion by 2032, expanding at a CAGR of 4% during the forecast period (2024-2032).

Learn about opportunities, challenges, and trends in the global Mayonnaise market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Mayonnaise Industry Worldwide:

The global mayonnaise market has several major players, including Nestlé SA, Ajinomoto Co., Inc., McCormick & Company, Inc., Kraft Heinz Company and Unilever PLC. More information about these companies has been provided below.

1. Nestlé SA

Nestlé SA is a multinational food and drinks processing company formed by the merger of the Anglo-Swiss Milk Company and Farine Lactée Henri Nestlé, founded by Henri Nestlé. It produces baby food, medical food, dressings and condiments, coffee and tea, confectionery, breakfast cereals, dairy products, ice cream, pet foods, and snacks. It also operates Nespresso, Nescafé, Kit Kat, Smarties, Nesquik, Stouffer’s, Vittel, and Maggi. The company offers several mayonnaise products, such as Maggi Rich and Creamy Mayonnaise, Maggi Garlic Mayonnaise, and Maggi Green Chilli Mayonnaise, under its brand, Maggi.

2. Ajinomoto Co., Inc.

Ajinomoto Co., Inc. is a multinational food and biotechnology corporation that is a leader in the production of amino acids and its flagship product, monosodium glutamate (MSG). It also produces seasonings, cooking oils, frozen foods, beverages, sweeteners, pharmaceuticals, and interlayer insulating materials for use in personal computers. In addition, the company provides solutions for improved food resources, human health, and global sustainability and is involved in wellness, packaging, logistics, and other services. At present, the company operates across 20 countries and derives nearly 80 percent of its total revenue from Japan.

3. McCormick and Company, Inc.

McCormick & Company is a multinational food company that specializes in producing, distributing, and marketing spices, herbs, flavorings, and other food products. It operates under two segments, namely, Consumer and Flavor Solutions, and operates various brands such as Lawry’s, Club House, and McCormick, and ethnic labels Zatarain’s, Thai Kitchen, and Simply Asia. At present, the company is active across 150 countries in Europe, the Asia/Pacific region, North and Central America, West Africa, and South Africa. In recent years, McCormick has focused on expanding its product offerings through acquisitions and partnerships. The company acquired the French's and Frank's RedHot brands in 2017, which added hot sauce and mustard products to its portfolio.

4. The Kraft Heinz Company

Kraft Heinz Company is a multinational food and beverage company that was formed as a merger between Kraft Foods Group and H.J. Heinz Company. It manufactures refreshment beverages, condiments and sauces, meats, coffee, cheese and dairy products, meals, and other groceries. The company also produces healthy snacks, spices, dressings, and other seasonings. Some of the company's well-known brands include Kraft, Heinz, Oscar Mayer, Planters, Philadelphia, and Maxwell House. The Kraft Heinz’s major sales come from condiments, dairy products, and cheese, which are extended across 190 countries worldwide.

5. Unilever PLC

Unilever PLC is one of the largest consumer goods companies in the world. It operates in the food and beverage, personal care, and home care industries. The company owns over 400 brands, including Hellman’s, one of the most popular mayonnaise brands globally. It also offers several mayonnaise products under its various brands, including Best Foods Mayonnaise, Lipton Mayonnaise, and Knorr Mayonnaise. Moreover, it operates in over 190 countries, employs over 155,000 people worldwide, and has research and development facilities in China, India, the Netherlands, the United Kingdom, and the United States.

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