Fundamental Business Insights and Consulting
Home Industry Reports Custom Research Blogs About Us Contact us

Mustard Oil Market Size & Share, By Processing Type (Edible, Non-Edible), Packaging, End Use (Residential, Commercial), Distribution Channel (Foodservice, Retail) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Report ID: FBI 13135

|

Published Date: Mar-2025

|

Format : PDF, Excel

Market Outlook:

Mustard Oil Market size is forecast to grow from USD 15.02 billion to USD 24 billion between 2025 and 2034, marking a CAGR of more than 4.8%. The expected industry revenue in 2025 is USD 15.68 billion.

Base Year Value (2024)

USD 15.02 billion

21-24 x.x %
25-34 x.x %

CAGR (2025-2034)

4.8%

21-24 x.x %
25-34 x.x %

Forecast Year Value (2034)

USD 24 billion

21-24 x.x %
25-34 x.x %
Mustard Oil Market

Historical Data Period

2021-2034

Mustard Oil Market

Largest Region

North America

Mustard Oil Market

Forecast Period

2025-2034

Get more details on this report -

Market Dynamics:

Growth Drivers & Opportunities

The mustard oil market is experiencing significant growth due to evolving consumer preferences towards healthier cooking oils. As people become more health-conscious, there is an increasing demand for natural and organic products, with mustard oil being recognized for its beneficial properties, including high levels of monounsaturated fats and omega-3 fatty acids. This trend is particularly pronounced in regions where traditional cooking oils are being replaced by mustard oil, which is perceived as a healthier alternative.

Another key growth driver is the rising popularity of plant-based diets and the shift towards vegetarian and vegan lifestyles. Mustard oil, being a plant-derived product, aligns well with these dietary preferences, making it a favorable choice for consumers looking to incorporate healthier fats into their diets. Additionally, the expanding awareness of the culinary versatility of mustard oil, as it can be used in various cooking methods such as frying, sautéing, and dressing, is further propelling its demand.

Opportunities also exist within the health and wellness sector, where mustard oil is increasingly being marketed for its medicinal properties. Its potential benefits, such as anti-inflammatory and antioxidant effects, are appealing to consumers interested in holistic health solutions. Furthermore, the growth of online retail platforms is facilitating easier access to mustard oil products, enabling manufacturers to reach a broader customer base and cater to niche markets.

Report Scope

Report CoverageDetails
Segments CoveredProcessing Type, Packaging, End Use, Distribution Channel
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledV.V.S.V. & Sons Edible Oil Mill, Cargill, Incorporated, Emami Agrotech., Adani Wilmar Limited, K. S. Oils Limited, Marico, Puri Oil Mills Limited, Dabur India., Bansal Oil Mill., Patanjali Ayurved

Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!

Industry Restraints:

Despite the promising growth trajectories, the mustard oil market faces several restraints that could impede its progress. One notable challenge is the fluctuating raw material prices, which can affect production costs and profit margins for manufacturers. Given that mustard oil is derived from mustard seeds, any volatility in agricultural production due to weather conditions or pest attacks can lead to supply chain disruptions and increased costs.

Moreover, the presence of stringent regulations and quality standards in food safety can pose hurdles for producers in certain regions. Compliance with these regulations often requires additional investments in quality control and certification processes, which can be a barrier for small and medium-sized enterprises.

Competition from alternative oils, such as olive oil, sunflower oil, and palm oil, also presents a significant industry restraint. As these alternatives often benefit from strong marketing campaigns and established consumer bases, they can detract from the market share of mustard oil, especially in urban areas where consumers have access to diverse cooking oil options.

Lastly, consumer misconceptions about the flavor and use of mustard oil in different cuisines may also hinder its adoption in regions where it is not traditionally used. Education and awareness initiatives are necessary to overcome these barriers and effectively communicate the benefits and uses of mustard oil to potential consumers.

Regional Forecast:

Mustard Oil Market

Largest Region

North America

XX% Market Share in 2024

Get more details on this report -

North America

In North America, the mustard oil market is primarily driven by the U.S. and Canada. The U.S. is a significant player, with a growing interest in natural and organic food products. The health benefits associated with mustard oil, including its potential to lower cholesterol and improve heart health, are drawing consumers toward this product. Furthermore, the increasing popularity of ethnic and gourmet cooking is fostering demand. Canada also shows a rising trend in mustard oil consumption, particularly among health-conscious consumers and those exploring diverse culinary options. The emphasis on sustainable and locally-sourced ingredients is positioning mustard oil favorably in both countries.

Asia Pacific

In the Asia Pacific region, countries like India, China, Japan, and South Korea are critical to the mustard oil market. India stands out as the largest producer and consumer, with mustard oil deeply ingrained in culinary traditions. The rising health consciousness among Indian consumers is leading to increased demand for organic and cold-pressed mustard oil. In China, the market is expanding due to growing urbanization and changing dietary patterns, where mustard oil is seen as a healthful option. Japan and South Korea, while smaller in comparison, exhibit a growing interest in mustard oil, driven by trends towards healthy eating and the integration of various cooking oils into traditional dishes.

Europe

Europe experiences a diverse mustard oil market, with the UK, Germany, and France being the primary focal points. The UK has seen an increase in the use of mustard oil in gourmet cooking and among health-conscious consumers, who value the oil’s flavor and health benefits. Germany's interest in plant-based diets and organic products promotes a parallel trend, with mustard oil being embraced as a specialty ingredient. France also showcases a growing trend among culinary enthusiasts who appreciate mustard oil's unique flavor profile and culinary versatility. The shift towards natural and organic food products across Europe is expected to bolster mustard oil consumption in these key markets.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Mustard Oil Market
Mustard Oil Market

Segmentation Analysis:

""

In terms of segmentation, the global Mustard Oil market is analyzed on the basis of Processing Type, Packaging, End Use, Distribution Channel.

Processing Type

The mustard oil market is primarily segmented based on processing type, which includes cold-pressed and refined mustard oil. Cold-pressed mustard oil has gained significant attention due to its natural extraction process, preserving the oil's flavor and nutritional value. This segment is expected to show substantial market growth, driven by increasing consumer preference for natural and organic products. Refined mustard oil, on the other hand, dominates the market due to its longer shelf life and stability, making it a popular choice for cooking and food preparation. The refined segment is anticipated to have a large market size, especially in regions where mustard oil is a staple culinary ingredient.

Packaging

In terms of packaging, the mustard oil market is segmented into bottles, jars, bulk containers, and pouches. Bottles, particularly those made from glass or plastic, are the most widely used packaging form, catering to retail consumers. This segment is expected to grow rapidly, fueled by rising urbanization and increasing demand for convenient packaging solutions. Bulk containers are preferred by the food service industry and are likely to maintain significant market size, driven by the need for large quantities of oil in commercial kitchens. Pouches are also becoming popular due to their lightweight and portability, appealing to younger consumers engaged in outdoor activities and cooking.

End Use

The end-use segment of the mustard oil market includes cooking oil, food processing, cosmetics, and other industrial applications. Cooking oil occupies the largest share of the market, supported by the widespread use of mustard oil in various culinary practices, particularly in South Asian regions. This segment is poised for steady growth as health-conscious consumers increasingly opt for mustard oil due to its favorable fatty acid profile. The food processing segment is also expected to see significant growth, driven by the use of mustard oil in the production of sauces, dressings, and processed foods. Other industrial applications, such as cosmetics and personal care products that leverage the oil's moisturizing properties, are gaining traction as well.

Distribution Channel

The mustard oil market is segmented by distribution channel into supermarkets and hypermarkets, convenience stores, online retail, and direct sales. Supermarkets and hypermarkets are the dominant distribution channels, providing consumers with a wide variety of brands and types of mustard oil under one roof. This segment is likely to experience sustained growth due to the increasing preference for one-stop shopping experiences. Online retail is emerging as a rapidly growing channel, especially in urban areas, as consumers seek the convenience of home delivery and the availability of various products. Convenience stores, while smaller in size, are essential for impulse purchases and are expected to maintain steady demand as consumers prioritize accessibility.

Get more details on this report -

Competitive Landscape:

The competitive landscape in the Mustard Oil Market is characterized by a mix of regional and global players, with a significant presence of both large-scale manufacturers and local producers. The market is driven by increasing awareness of health benefits associated with mustard oil, such as its high monounsaturated fats and antioxidant properties. Companies are focusing on product innovation and expanding their product lines to include organic and cold-pressed variants to cater to the evolving consumer preferences. Additionally, aggressive marketing strategies and distribution channel expansion, including e-commerce platforms, are key tactics employed by leading firms to strengthen their market presence and enhance customer engagement.

Top Market Players

1. Adani Wilmar Limited

2. Cargill, Inc.

3. K S Oils

4. Aashirvaad (ITC Limited)

5. Dharmani Mustard Oil

6. Raksha Mustard Oil

7. Shri Keshav Oil Mills

8. Patanjali Ayurved Limited

9. Ruchi Soya Industries Limited

10. Bunge Limited

Our Clients

Why Choose Us

Specialized Expertise: Our team comprises industry experts with a deep understanding of your market segment. We bring specialized knowledge and experience that ensures our research and consulting services are tailored to your unique needs.

Customized Solutions: We understand that every client is different. That's why we offer customized research and consulting solutions designed specifically to address your challenges and capitalize on opportunities within your industry.

Proven Results: With a track record of successful projects and satisfied clients, we have demonstrated our ability to deliver tangible results. Our case studies and testimonials speak to our effectiveness in helping clients achieve their goals.

Cutting-Edge Methodologies: We leverage the latest methodologies and technologies to gather insights and drive informed decision-making. Our innovative approach ensures that you stay ahead of the curve and gain a competitive edge in your market.

Client-Centric Approach: Your satisfaction is our top priority. We prioritize open communication, responsiveness, and transparency to ensure that we not only meet but exceed your expectations at every stage of the engagement.

Continuous Innovation: We are committed to continuous improvement and staying at the forefront of our industry. Through ongoing learning, professional development, and investment in new technologies, we ensure that our services are always evolving to meet your evolving needs.

Value for Money: Our competitive pricing and flexible engagement models ensure that you get maximum value for your investment. We are committed to delivering high-quality results that help you achieve a strong return on your investment.

Select Licence Type

Single User

US$ 4250

Multi User

US$ 5050

Corporate User

US$ 6150