Mayonnaise and Prepared Sauce Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Mayonnaise, Dressing, And Other Prepared Sauces Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the mayonnaise and prepared sauce market in the U.S. amounted to $X in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, mayonnaise and prepared sauce consumption continues to indicate a slight downturn. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the mayonnaise and prepared sauce market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Production of Mayonnaise, Dressing, And Other Prepared Sauces in the USA

In value terms, mayonnaise and prepared sauce production stood at $X in 2018. Overall, mayonnaise and prepared sauce production continues to indicate a mild slump. The growth pace was the most rapid in 2016, when it surged by X% against the previous year.

Production By Type in the USA

In value terms, the most produced types of mayonnaise, dressing, and other prepared sauces in the U.S. were mayonnaise, salad dressings, and sandwich spreads ($X), prepared sauces (mustard, worcestershire, soy, horseradish, and sauces used as a condiment to meat, vegetable, and seafood), excluding tomato-based sauces and sauces comprised of X% or more meat ($X) and vinegar and cider ($X), together comprising X% of total production.

In terms of the main produced products, vinegar and cider (+X% per year) experienced the highest growth rate of mayonnaise and prepared sauce production, over the last five year period, while the other products experienced more modest paces of growth.

Exports of Mayonnaise, Dressing, And Other Prepared Sauces

Exports from the USA

In 2018, the amount of mayonnaise, dressing, and other prepared sauces exported from the U.S. amounted to X tons, reducing by -X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, mayonnaise and prepared sauce exports reached their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, mayonnaise and prepared sauce exports stood at $X (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, mayonnaise and prepared sauce exports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Chile (X tons) was the main destination for mayonnaise and prepared sauce exports from the U.S., accounting for a X% share of total exports. Moreover, mayonnaise and prepared sauce exports to Chile exceeded the volume sent to the second major destination, Sierra Leone (X tons), threefold. Nigeria (X tons) ranked third in terms of total exports with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of volume to Chile amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sierra Leone (+X% per year) and Nigeria (+X% per year).

In value terms, Chile ($X) remains the key foreign market for mayonnaise and prepared sauce exports from the U.S., comprising X% of total mayonnaise and prepared sauce exports. The second position in the ranking was occupied by Sierra Leone ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

Export Prices by Country

The average mayonnaise and prepared sauce export price stood at $X per kg in 2018, rising by X% against the previous year. Over the last five years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018, an increase of X% year-to-year. In that year, the average export prices for mayonnaise, dressing, and other prepared sauces attained their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of origin; the country with the highest export price was the United Arab Emirates ($X per kg), while the average price for exports to Chile ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Nigeria (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports of Mayonnaise, Dressing, And Other Prepared Sauces

Imports into the USA

In 2018, approx. X tons of mayonnaise, dressing, and other prepared sauces were imported into the U.S.; rising by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review.

In value terms, mayonnaise and prepared sauce imports totaled $X (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. In that year, mayonnaise and prepared sauce imports attained their peak , and are likely to continue its growth in the immediate term.

Imports by Country

China (X tons), Italy (X tons) and Thailand (X tons) were the main suppliers of mayonnaise and prepared sauce imports to the U.S., with a combined X% share of total imports. China, Hong Kong SAR, Japan, South Korea, the Philippines, France, Taiwan, Chinese and Spain lagged somewhat behind, together comprising a further X%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Thailand ($X) appeared to be the largest mayonnaise and prepared sauce suppliers to the U.S., with a combined X% share of total imports. These countries were followed by Japan, China, Hong Kong SAR, South Korea, France, the Philippines, Taiwan, Chinese and Spain, which together accounted for a further X%.

Import Prices by Country

In 2018, the average mayonnaise and prepared sauce import price amounted to $X per kg, going up by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was Japan ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Reckitt Benckiser, T.marzetti Company, Treehouse Foods, Kikkoman Foods, Victoria Fine Foods, Clements Foods, Litehouse, Cains Foods, Lancaster Colony Corporation, McIlhenny Company, Chelten House Products, Spring Silver Foods, Naturally Fresh, Campbell Stockpot Soup, Gff, Bay Valley Foods, Mrs. Stratton's Salads, Arcobasso Foods, Hampton Creek, Pacific Choice Brands, Olds Products Co. of Illinois, F S S, Pepper Source, Peppers Unlimited of Louisiana, Unilever United States, Huntsinger Farms, The H V Food Products Company, Conopco, E Mc Ilhenny's Son Corporation, The French's Food Company, RB Manufacturing

Source: IndexBox Market Intelligence Platform