According to the report, the India overall market for mayonnaise and salad dressing is anticipated to reach more than INR 750 crores in the year 2022-23.
Due to growing trend for international food, availability of large number of variants, rising demand for convenient food and many such factors, the market has grown with a CAGR of more than 20% during review period starting from 2011-12 to 2016-17.
Mayonnaise has dominance over salad dressing due its popularity in various dishes and it will continue to have dominance in future also. Besides, trends like increasing number of variants is also one of the reasons of increase in the mayonnaise and salad dressing market of the country.
Mayochup, as Heinz calls it, a hybrid of mayonnaise and tomato ketchup is expected to be launched by this year end, in order to compete for dominance amid consumers' changing taste buds for table sauces.
Heinz, the popular ketchup brand, turned to Twitter in April with a poll about a potential product launch, a concept they quoted as novel to American consumers: a pre-made combination of mayonnaise and ketchup. They called it mayochup. The company has strategically used social media to create a buzz among the people about the product that hasn't been launched yet. The company tweeted: Want #mayochup in stores? 500,000 votes for yes and we'll release it to you saucy Americans.
The company has asked in its second tweet to name the new sauce. This campaign was designed to encourage user involvement from the beginning. The company started with a simple poll on Twitter, asking whether U.S. consumers were interested in a ketchup-mayonnaise blend. If 500,000 people voted yes, Heinz vowed to make it happen. After the widely polarized response, Heinz tweeted again, challenging fans to develop a name better than Mayochup.
These tweets didn't simply catch users' eyes, they made consumers feel like key decision makers in the rollout of the product. There is nothing people love more than feeling like they can affect the outcome of something they are watching in real time. From the visuals to the hashtag, this campaign was easy to understand, remember and share. #Mayochup probably doesn't even need the mayonnaise + ketchup explanation for most people. The main image of an equation in which a mayonnaise jar plus a ketchup bottle equals #Mayochup visually reinforces this easy explanation.
Key Topics Covered
1. India Mayonnaise & Salad Dressing Market Outlook 1.1. Market Size 1.2. Market Share 1.2.1. By Company 1.2.2. By Product Type 1.2.3. By Retail Vs. Institutional 1.2.4. By Organized Vs. Unorganized
2. India Mayonnaise Market Outlook 2.1. Market Size By Value 2.1.1. Overall Market (Organized Vs. Unorganized) 2.1.2. By Product Type 2.2. Market Size By Volume 2.3. Market Share 2.3.1. By Company 2.3.2. By Product Type 2.3.3. By Retail Vs. Institutional 2.3.4. By Eggless vs. With Egg 2.3.5. By Organized vs. Unorganized 2.4. Product Price & Variant Analysis
3. India Salad Dressing Market Outlook 3.1. Market Size By Value 3.1.1. Overall Market (Organized Vs. Unorganized) 3.1.2. By Product Type 3.2. Market Size By Volume 3.3. Market Share 3.3.1. By Product Type 3.3.2. By Retail Vs. Institutional 3.3.3. By Organized vs. Unorganized 3.4. Product Price & Variant Analysis
4. Company Profiles 4.1. Dr. Oetker India Pvt Ltd 4.2. Cremica Food Industries Limited 4.3. Fieldfresh Foods Pvt Ltd 4.4. Veeba Food Services Private Limited 4.5. Bajoria Foods Pvt. Ltd 4.6. Heinz India Private Limited 4.7. Scandic Food India Private Limited (SIL)