In Q3 2025, India, the Mustard Oil Price Index fell by 0.09% quarter-over-quarter, reflecting abundant post-rabi supply. Check detailed insights for Europe and North America.

As of December 2024, the retail price index of mustard oil in India was approximately 140. This meant, the RPI of mustard oil had decreased by 16 percent compared to December 2021. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

The India mustard oil market size reached USD 1.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.2% during 2025-2033.

IMARC Group provides an analysis of the key trends in each sub-segment of the India mustard oil market report, along with forecasts at the country and regional level from 2025-2033. Our report has categorized the market based on packaging type, packaging material, pack size, application and distribution channel.

The size of the Mustard Oil Market market was valued at USD 15.06 billion in 2024 and is projected to reach USD 21.05 billion by 2033, with an expected CAGR of 4.9 % during the forecast period. Recent developments include: In May 2024, Adani Wilmar Limited (AWL) launched Fortune Pehli Dhaar First-Pressed Mustard Oil, a premium product aimed at elevating the mustard oil category in India. The oil is crafted from the finest mustard seeds sourced from Rajasthan and extracted using the traditional wooden kolhu technique, which preserves the oil's natural essentials. This results in a rich mustard aroma, deep color, and enhanced flavor that promises to elevate cooking experiences. , In December 2023, Emami Agrotech launched Emami Healthy & Tasty Kachchi Ghani Mustard Oil with three distinct pungency levels: Mild (Jhaanjh level: .24%), Strong (Jhaanjh level: .30%), and Super Strong (Jhaanjh level: .36%). This innovative concept, tailored to individual taste preferences, aims to redefine the mustard oil landscape in India. .

Discover the latest insights on the European market for crude rape, colza, and mustard oil. Anticipate a continuous upward consumption trend over the next decade, with market volume expected to reach 9.6M tons and market value $11.6B by 2035.

In fiscal year 2024, the average price of mustard in Chennai, India stood at about ** rupees per kilogram. Mustard seeds were used widely in the region, roasted until popped. Mustard oil was found largely in pickles, mainly of the mango variety. According to the source, prices were only indicative of trends, and obtained from local markets - in this case, Chennai in the southern state of Tamil Nadu. For the country, prices for spices vary depending on quality and origin.

Forecast: Rapeseed Oil and Mustard Oil Market Size Volume in the US 2022 - 2026 Discover more data with ReportLinker!

The global mustard oil market, valued at $46 million in 2025, is poised for significant growth, driven by increasing consumer demand for healthy cooking oils and the rising popularity of mustard oil in various applications beyond cooking. While a precise CAGR isn't provided, considering the market's growth drivers and the expanding use of mustard oil in aromatherapy, pharmaceuticals, and personal care products, a conservative estimate of 5-7% CAGR over the forecast period (2025-2033) seems plausible. This growth is further fueled by the increasing awareness of mustard oil's health benefits, such as its richness in omega-3 fatty acids and antioxidants. Regional variations will likely exist, with Asia-Pacific, particularly India and China, anticipated to dominate the market due to established consumption patterns and significant production volumes. However, increasing awareness in North America and Europe could lead to higher growth rates in these regions over the forecast period. The market segmentation by type (black, brown, white) and application (cooking, aromatherapy, pharmaceuticals, soaps, etc.) presents opportunities for targeted marketing and product development. Competitive pressures will remain significant, with established players like Cargill and Archer Daniels Midland competing with regional brands, highlighting the need for differentiation and value-added product offerings. The market faces some restraints, including fluctuating mustard seed prices impacting oil prices and competition from other vegetable oils. Nevertheless, the overall outlook for mustard oil is positive. The increasing adoption of sustainable farming practices and the growing demand for organic and ethically sourced products also present opportunities for market expansion. Companies are investing in research and development to enhance the quality and expand the applications of mustard oil, further contributing to market growth. The forecast period of 2025-2033 will likely witness intensified competition, product innovation, and a greater focus on meeting consumer demand for healthier and more sustainable options. This in-depth report provides a comprehensive analysis of the global mustard oil market, projected to be worth approximately $4 billion by 2024. The report delves into market segmentation, key players, emerging trends, and future growth projections, utilizing data and insights to offer a clear understanding of this dynamic sector. This report is essential for industry stakeholders, investors, and anyone seeking to navigate the complexities of the global mustard oil market. Keywords: Mustard oil market size, mustard oil production, mustard oil price, black mustard oil, brown mustard oil, white mustard oil, mustard oil applications, mustard oil manufacturers, mustard oil industry analysis, global mustard oil market.

Bangladesh Mustard Oil Market size was valued at USD 1.35 Billion in 2024 and is projected to reach USD 2.14 Billion by 2032, growing at a CAGR of 5.9% from 2026 to 2032.

Key Market Drivers Rising Demand for Edible Oils in Household and Culinary Applications: Mustard oil is a mainstay in Bangladeshi cuisine, which drives steady demand. The Index of Unit Value for mustard seed oil in Bangladesh reached an amazing 3,636.62 (2002-2003=100) in 2022, indicating a significant increase over prior years. This reflects increased household consumption because of traditional cooking methods. Growing Focus on Health-Conscious Food Choices: Mustard oil is popular for its health advantages, particularly its heart-healthy characteristics due to its high monounsaturated fat content. This is consistent with the global trend towards healthier edible oil alternatives.

UAE Mustard Oil Market valued at USD 140 million, driven by health consciousness and demand for natural oils, with growth supported by National Nutrition Strategy 2022–2030.

The global mustard oil market size is set to expand from USD 15.6 billion in 2025 to USD 25.41 billion by 2035, showcasing CAGR performance of 5%. Companies at the forefront of the industry include Patanjali, Dabur, Emami, Fortune, Bunge, with strong portfolios and strategic initiatives.

The global Mustard Oil market stood at approximately 10.2 million tonnes in 2023 and is anticipated to grow at a CAGR of 3.5% during the forecast period until 2034.

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Mustard Market Size 2024-2028

The mustard market size is valued to increase USD 2.7 billion, at a CAGR of 6.57% from 2023 to 2028. Health benefits associated with consumption of mustard will drive the mustard market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 48% growth during the forecast period.
By Type - Seed segment was valued at USD 2.44 billion in 2022
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 67.98 million
Market Future Opportunities: USD 2704.30 million
CAGR : 6.57%
APAC: Largest market in 2022

Market Summary

The market encompasses the production, distribution, and consumption of mustard and related products. This dynamic market is driven by the core technologies and applications, including the use of organic farming methods and innovative processing techniques, which have led to the growing adoption of mustard sauces as key ingredients in various dishes. Service types or product categories, such as dry mustard, prepared mustard, and mustard oil, cater to diverse consumer preferences. The market is subject to regulations, including food safety standards and trade policies, which impact production and distribution. According to recent reports, The market is estimated to account for over 30% share in the global condiments market.
The health benefits associated with the consumption of mustard, including its antioxidant properties and potential digestive benefits, further fuel market growth. Despite this, the market faces challenges, such as the fragmented nature of the industry and price volatility, which create opportunities for market consolidation and innovation.

What will be the Size of the Mustard Market during the forecast period?

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How is the Mustard Market Segmented and what are the key trends of market segmentation?

The mustard industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Seed
  Powder
  Oil
  Paste


Distribution Channel

  Offline
  Online


Application

  Condiments and Sauces
  Food Processing
  Foodservice
  Household


Form

  Paste
  Powder
  Sauce


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Indonesia
    Japan
    Malaysia
    South Korea
    Thailand


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The seed segment is estimated to witness significant growth during the forecast period.

Mustard seeds play a pivotal role in various industries beyond condiments, contributing significantly to agriculture and horticulture sectors. The agricultural application of mustard seeds focuses on enhancing crop productivity and improving soil health. For instance, mustard seeds aid in plant stress mitigation by increasing potassium availability, water retention capacity, and photosynthetic efficiency. Moreover, they boost crop yield improvement through plant hormone biosynthesis, nutrient leaching reduction, and yield component analysis. In the realm of horticulture, mustard seeds serve as fruit ripening regulators and microbial inoculant formulations. They enhance crop quality by improving soil aeration, phosphorus solubilization, pest resistance enhancement, and soil enzyme activity.

Mustard seeds also influence plant nutrient uptake and nutrient transport pathways, acting as essential soil health indicators. According to recent studies, the market for mustard seeds has shown impressive growth, with a 20% increase in demand from the agricultural sector and a 15% surge in demand from the horticulture sector over the past year. Furthermore, industry experts anticipate a 17% rise in market size for mustard seeds in the upcoming years due to their extensive applications in crop yield improvement and soil health enhancement. Mustard seeds also contribute to various industrial applications, such as Biodegradable Plastics, biodiesel, and pharmaceuticals.

Their high humic acid content and carbon sequestration properties make them an attractive option for these industries. Additionally, mustard seeds play a crucial role in seed germination rate enhancement, plant biomass increase, and plant growth regulator formulations. The organic matter decomposition and biotic stress resistance properties of mustard seeds are also gaining attention in the agricultural sector. These seeds help improve soil microbial communities and rhizosphere microbiome, leading to abiotic stress tolerance and root development stimulation. Furthermore, mustard se

Get expert insights on Mustard Oil Market size, future trends, and business opportunities through 2034. Download the report now.

Mustard Seed Oil Market Outlook

According to our latest research, the global mustard seed oil market size in 2024 is valued at USD 4.12 billion, reflecting a robust demand across various end-use sectors. The market is experiencing a steady growth momentum with a CAGR of 5.8% projected over the forecast period from 2025 to 2033. By 2033, the mustard seed oil market is forecasted to reach USD 7.01 billion, driven by increasing consumer awareness about the health benefits of mustard oil, expanding applications in food, pharmaceuticals, and cosmetics, and a rising preference for natural and organic products. This growth trajectory is supported by ongoing innovations in extraction processes and the widening distribution network globally.

One of the primary growth factors propelling the mustard seed oil market is the rising consumer inclination toward healthier cooking oils. As lifestyle diseases and health concerns such as cardiovascular disorders and obesity become more prevalent, consumers are actively seeking oils that offer functional benefits. Mustard oil, known for its high content of monounsaturated and polyunsaturated fatty acids, as well as its rich profile of omega-3 and omega-6 fatty acids, fits this demand. Additionally, the presence of natural antioxidants and anti-inflammatory properties has led to its increased adoption in both urban and rural markets. The trend toward organic and non-GMO products further amplifies the demand for cold-pressed and naturally extracted mustard oil, which is perceived as a healthier alternative to refined oils. This shift is particularly evident in emerging economies where dietary patterns are evolving rapidly.

Another significant driver for the mustard seed oil market is its expanding application base beyond culinary uses. The pharmaceutical and nutraceutical industries are increasingly leveraging mustard oil for its therapeutic properties, including antimicrobial, antifungal, and anti-inflammatory effects. This oil is also gaining traction in the cosmetics and personal care sector, where it is used in hair oils, massage oils, and skin care formulations due to its nourishing and rejuvenating attributes. The industrial segment, though relatively smaller, is witnessing growth as mustard oil is used in lubricants and bio-based products. The versatility of mustard oil, coupled with growing investments in research and development, is fostering product innovations that cater to diverse consumer needs across the globe.

The mustard seed oil market is also benefiting from the expansion of distribution channels and the increasing penetration of modern retail formats. Supermarkets, hypermarkets, and specialty stores are making mustard oil more accessible to a wider consumer base, while the rapid growth of e-commerce platforms is enabling manufacturers to reach new markets efficiently. Online retail, in particular, has emerged as a crucial channel for premium, organic, and specialty mustard oil products, driven by the convenience of home delivery and the availability of a broader product range. Furthermore, strategic marketing initiatives and awareness campaigns highlighting the health benefits of mustard oil are playing a pivotal role in shaping consumer preferences and driving market growth.

Regionally, Asia Pacific remains the largest and fastest-growing market for mustard seed oil, accounting for a substantial share of global consumption. The region's dominance is attributed to the deep-rooted culinary traditions in countries like India, Bangladesh, and Nepal, where mustard oil is a staple in everyday cooking. North America and Europe are witnessing moderate growth, primarily fueled by increasing ethnic populations and a growing interest in exotic and functional food products. The Middle East & Africa and Latin America are emerging as potential growth markets, supported by rising disposable incomes and changing dietary habits. Overall, the regional outlook for the mustard seed oil market is positive, with significant opportunities for expansion and innovation across both developed and developing economies.

Product Type Analysis

The product type segment of the mustard seed oil market is bifurcated into edible mustard oil and non-edible mustard oil, each catering to distinct end-use industries and consumer groups. Edible mustard oil commands the lion’s share of the market, driven by its widespread use in culinary applications, particularly in Asian countries where it

Retail Price: DCA: Monthly Average: Mustard Oil: West Zone: Raisen data was reported at 130.130 INR/kg in Aug 2023. This records a decrease from the previous number of 130.350 INR/kg for Jul 2023. Retail Price: DCA: Monthly Average: Mustard Oil: West Zone: Raisen data is updated monthly, averaging 151.200 INR/kg from Dec 2022 (Median) to Aug 2023, with 9 observations. The data reached an all-time high of 165.750 INR/kg in Dec 2022 and a record low of 130.130 INR/kg in Aug 2023. Retail Price: DCA: Monthly Average: Mustard Oil: West Zone: Raisen data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Mustard Oil (Discontinued).

Find detailed analysis in Market Research Intellect's Black Mustard Oil Market Report, estimated at USD 15.06 Billion in 2024 in 2024 and forecasted to climb to USD 20.1 Billion by 2033 by 2033, reflecting a CAGR of CAGR of 4.21% from 2026 to 2033.Stay informed about adoption trends, evolving technologies, and key market participants.

USD 531.43 Million in 2024; projected USD 757.58 Million by 2033; CAGR 4.02%.

The global market for volatile oil of mustard is experiencing robust growth, driven by increasing demand for natural and organic food products. Consumers are increasingly aware of the health benefits associated with mustard oil, including its rich source of monounsaturated fatty acids and antioxidants, fueling its popularity in culinary applications and as a key ingredient in various personal care products. This trend, coupled with the rising adoption of mustard oil in traditional and modern medicine, contributes significantly to market expansion. While precise figures for market size and CAGR are unavailable, based on industry analysis of similar spice and oil markets, we can reasonably estimate the 2025 market size to be around $500 million USD, with a projected CAGR of approximately 6% from 2025-2033. This growth, however, is not without its challenges. Fluctuations in mustard seed production due to climatic changes and the increasing competition from other vegetable oils pose potential restraints to market growth. The market is segmented by various factors including processing methods, distribution channels, and geographical regions. Major players in the volatile oil of mustard market include established companies like Archer Daniels Midland Company and Adani Wilmar, alongside numerous regional players. These companies are adopting strategies such as product diversification, brand building, and expanding distribution networks to gain a competitive edge. The future growth trajectory will be significantly influenced by factors such as technological advancements in oil extraction and purification, government support for the agricultural sector, and evolving consumer preferences towards healthier and sustainably sourced ingredients. Further research into the specific regional data and company performance will provide a more detailed and precise market outlook.

The global organic mustard oil market is projected to reach a valuation of USD 1.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.