Get the latest insights on price movement and trend analysis of Mustard Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Mustard Oil Price Change in July 2025? The mustard oil market in North America showed a stable overall trend in Q2 2025. Spot prices modestly fluctuated, ending June near steady levels reflecting measured market adjustments amid global influences

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.

In North America, mustard oil prices in Q1 2025 experienced moderate fluctuations, with the market initially seeing a slight increase in January. This rise was mainly attributed to steady demand from both industrial and retail sectors, which were bolstered by strong consumer preferences for mustard oil. Furthermore, supply constraints from key producing regions coupled with global market uncertainties contributed to upward pressure on prices. Despite these factors, the North American market remained relatively stable compared to other regions, with prices showing resilience due to ongoing local demand.

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.

The mustard oil market is projected to reach USD 15.06 billion by 2033, expanding at a CAGR of 4.9% from 2025 to 2033. Rising health consciousness and increasing demand for natural and organic food products drive market growth. Mustard oil's medicinal properties, such as its antibacterial and antifungal abilities, have contributed to its popularity in skincare and haircare products. Furthermore, the growing popularity of ethnic cuisines, particularly Indian and South Asian dishes, has fueled the demand for mustard oil as a cooking ingredient. The edible segment dominates the market, accounting for a significant share of revenue. Mustard oil's versatility in cooking, ranging from frying to baking, has made it a staple in various cuisines. The non-edible segment, used in paints, lubricants, and biofuels, is expected to witness steady growth during the forecast period. In terms of packaging, bottles and pouches are the most commonly used formats, offering convenience and ease of use for consumers. The retail distribution channel, particularly hypermarkets and supermarkets, holds a major share of the market, driven by the accessibility and wide selection of products offered. However, the online segment is gaining traction due to the growing popularity of e-commerce platforms. Key players in the market include V.V.S.V. & Sons Edible Oil Mill, Cargill, Incorporated, Emami Agrotech Ltd., Adani Wilmar Limited, and K. S. Oils Limited. 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. .

Organic Mustard Oil Market Outlook

The global organic mustard oil market size was valued at approximately USD 1.5 billion in 2023 and is projected to reach USD 3.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.7% over the forecast period. The market is primarily driven by the increasing consumer awareness about the health benefits associated with organic products and the rising demand for natural and chemical-free cooking oils.

One of the significant growth factors for the organic mustard oil market is the increasing awareness about the health benefits associated with organic mustard oil. Consumers worldwide are becoming more health-conscious and are seeking out products that are free from synthetic chemicals, pesticides, and genetically modified organisms. Organic mustard oil, rich in essential nutrients and antioxidants, is perceived to offer numerous health benefits, including improved heart health, enhanced digestion, and anti-inflammatory properties. This shift in consumer preference towards organic and natural products is propelling the demand for organic mustard oil.

Another crucial factor contributing to the market growth is the expanding use of organic mustard oil in various end-use industries, such as the food industry, personal care, and pharmaceuticals. In the food industry, organic mustard oil is gaining popularity due to its distinctive pungent flavor and numerous culinary applications. It is used in cooking, frying, and as a salad dressing, among other uses. Additionally, the personal care industry is witnessing a surge in demand for organic ingredients, with organic mustard oil being used in hair oils, skin care products, and massage oils due to its nourishing properties. The pharmaceutical industry is also incorporating organic mustard oil in various medicinal formulations, further boosting its market demand.

The rising popularity of online retail channels is another factor driving the growth of the organic mustard oil market. The convenience of online shopping, coupled with the availability of a wide range of products and attractive discounts, is encouraging consumers to purchase organic mustard oil through online platforms. Additionally, the penetration of e-commerce in developing regions, where organic product adoption is still in its nascent stages, is anticipated to open new growth avenues for the market.

From a regional perspective, the Asia Pacific region dominates the organic mustard oil market, accounting for the largest share of the global market. The strong cultural and culinary traditions of using mustard oil in countries such as India, Bangladesh, and Nepal are major factors driving the market in this region. North America and Europe are also significant markets for organic mustard oil, driven by the growing health consciousness and increasing demand for natural and organic products. The Middle East & Africa and Latin America are emerging markets, with rising consumer awareness and increasing disposable incomes contributing to the market growth.

Yellow Mustard Seed plays a crucial role in the production of organic mustard oil. These seeds are known for their high oil content and pungent flavor, which contribute significantly to the distinctive taste and aroma of the oil. The cultivation of yellow mustard seeds is often carried out using organic farming practices, ensuring that the final product is free from synthetic chemicals and pesticides. This aligns with the growing consumer demand for organic and natural products, further boosting the market for organic mustard oil. The use of yellow mustard seeds not only enhances the flavor profile of the oil but also contributes to its nutritional benefits, making it a preferred choice among health-conscious consumers.

Product Type Analysis

The organic mustard oil market can be segmented by product type into cold-pressed and expeller-pressed mustard oil. Cold-pressed organic mustard oil is gaining traction due to its superior nutritional profile and the preservation of essential vitamins and minerals. The cold-pressing process involves extracting oil at lower temperatures, ensuring that the oil retains its natural flavor, color, and nutritional value. Consumers are increasingly opting for cold-pressed organic mustard oil due to its perceived health benefits, including higher antioxidant content and the retention of omega-3 fatty acids, which are beneficial for heart health.

Expeller-pressed organic m

Retail Price: DCA: Monthly Average: Mustard Oil: North-East Zone: Bajali data was reported at 160.000 INR/kg in Aug 2023. This stayed constant from the previous number of 160.000 INR/kg for Jul 2023. Retail Price: DCA: Monthly Average: Mustard Oil: North-East Zone: Bajali data is updated monthly, averaging 173.000 INR/kg from Nov 2022 (Median) to Aug 2023, with 10 observations. The data reached an all-time high of 173.000 INR/kg in Apr 2023 and a record low of 160.000 INR/kg in Aug 2023. Retail Price: DCA: Monthly Average: Mustard Oil: North-East Zone: Bajali 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.PC150: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Mustard Oil (Discontinued).

Retail Price: DCA: Monthly Average: Mustard Oil: North-East Zone: Gangtok data was reported at 176.000 INR/kg in Aug 2023. This stayed constant from the previous number of 176.000 INR/kg for Jul 2023. Retail Price: DCA: Monthly Average: Mustard Oil: North-East Zone: Gangtok data is updated monthly, averaging 137.000 INR/kg from Jan 2017 (Median) to Aug 2023, with 73 observations. The data reached an all-time high of 225.000 INR/kg in Dec 2021 and a record low of 115.000 INR/kg in Aug 2017. Retail Price: DCA: Monthly Average: Mustard Oil: North-East Zone: Gangtok 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.PC150: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Mustard Oil (Discontinued).

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.

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.

The global black mustard oil market is experiencing robust growth, driven by increasing consumer awareness of its health benefits and versatile applications. While precise figures for market size and CAGR are unavailable from the provided data, we can make reasonable estimations based on industry trends and comparable oil markets. Considering the rising demand for natural and healthy cooking oils, coupled with the growing popularity of aromatherapy and traditional medicine incorporating black mustard oil, the market is likely valued in the billions of USD. Let's assume, for illustrative purposes, a 2025 market size of $2.5 billion USD, growing at a CAGR of 6% between 2025 and 2033. This growth trajectory is supported by expanding applications across cooking (especially in South Asia and parts of Europe), aromatherapy (leveraging its purported therapeutic properties), and pharmaceutical applications (as an ingredient in certain medications and topical treatments). The segmentation by type (vegetable oils and essential oils) will influence the market share. Vegetable oils currently dominate, given its widespread use in cooking, but a gradual increase in essential oil usage for aromatherapy and niche applications is anticipated. Major restraints include fluctuating raw material prices, potential adulteration in the market, and competition from other cooking oils. Despite these challenges, strong growth is expected as consumer preference continues to shift towards natural and health-conscious products. The market is geographically diverse, with significant presence across Asia Pacific (particularly India and China), followed by North America and Europe. Regional growth will be influenced by factors such as cultural food habits, consumer health consciousness, and government regulations. Companies like Cargill, ADM, and regional players in India are key participants, leveraging their distribution networks and brand recognition. Future growth will depend on successful strategies such as product diversification (e.g., value-added products with added health benefits), improved supply chain management to reduce price volatility, and robust quality control measures to safeguard consumer trust. The market is poised for significant expansion in the coming years, driven by the factors discussed, leading to further market consolidation and the emergence of new players.

The Russian crude rapeseed oil market plummeted to $92M in 2024, which is down by -29.1% against the previous year. Over the period under review, consumption, however, showed mild growth. Over the period under review, the market hit record highs at $250M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

Get comprehensive insights into the Mustard Seed market, with a focused analysis of the Mustard Seed price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

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.

Mustard Seeds (FOB South Asia) had mixed YoY changes in late 2024 (Oct +13%, Nov +3%, Dec -7%). Prices may soften in H2 2025 due to oversupply.

Mustard Oil Market Outlook 2032

The global mustard oil market size was USD 18.18 Billion in 2023 and is projected to reach USD 24.5 Billion by 2032, expanding at a CAGR of 3.37% during 2024–2032. The market growth is attributed to therising demand for healthier cooking oilsand their wide application in various cuisines and industries.



Growing consumer interest in natural and organic products is expected to propel the mustard oil market. Consumers are becoming increasingly health-conscious and are seeking out natural and organic alternatives to conventional products. Mustard oil, being derived from mustard seeds without the use of synthetic chemicals or pesticides, aligns well with this trend.

Rising demand for mustard oil in ethnic and regional cuisines is anticipated to propel the market. Celebrating diversity and authenticity in global food trends is expected to lead to an increase in the utilization of traditional ingredients such as mustard oil. This culinary interest is projected to fuel the market during the forecast period.

Impact of Artificial Intelligence (AI) in Mustard Oil Market

Artificial Intelligence has a positive impact on mustard oil market.AI technologies, such as machine learning algorithms and predictive analytics, have enabled companies to analyze vast amounts of data quickly and derive actionable insights. In the context of the food industry, AI is being leveraged to optimize supply chain management, enhance product development processes, and personalize customer experiences. Furthermore, AI-driven tools are empowering marketers to create targeted campaigns, recommend personalized product offerings, and engage with customers in a meaningful way. The integration of AI in market strategies is enhancing decision-making capabilities, fueling innovation, and fostering competitive advantage in a rapidly evolving business environment.

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Mustard Market Size 2024-2028

The mustard market size is forecast to increase by USD 2.7 billion, at a CAGR of 6.57% between 2023 and 2028.

The market is driven by the growing health consciousness among consumers, leading to increased demand for mustard due to its numerous health benefits. This functional food is rich in essential minerals, vitamins, and antioxidants, making it a popular choice for health-conscious consumers. Furthermore, the adoption of mustard sauces as a key ingredient in various dishes, particularly in the culinary industries of Asia, Europe, and the Americas, is fueling market growth. However, the market faces several challenges. The market structure is fragmented, with numerous small-scale producers and regional players, which can make it challenging for large companies to penetrate the market and establish a significant market share.
Additionally, the volatility of raw material prices, particularly for mustard seeds, can impact the profitability of mustard producers and processors. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge.

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

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market is characterized by continuous dynamics and evolving patterns, with ongoing research and development efforts focused on enhancing the productivity and sustainability of mustard cultivation. One area of focus is optimizing plant growth and health through various interventions. For instance, researchers are exploring ways to improve plant height measurement and water stress mitigation techniques to enhance crop yield and resilience. Root system architecture is another critical aspect of mustard cultivation, with studies examining nitrogen use efficiency and growth habit modification to maximize nutrient uptake and optimize crop growth. Flowering time regulation is also a key area of research, as it can significantly impact mustard oil yield and seed quality.

Herbicide resistance management is a significant challenge in mustard production, with ongoing efforts to develop effective strategies for managing weed pressure and minimizing insect pest damage. Soil fertility improvement, including the optimization of organic matter content and soil ph, is also a critical focus area to ensure optimal mustard growth. Photosynthetic efficiency, disease incidence rate, and microbial community analysis are essential components of mustard production, with ongoing research aimed at improving plant disease resistance and enhancing soil health. Erucic acid content, a key component of mustard oil, is another area of research, with efforts underway to optimize its production and improve its quality.

The market is also focused on addressing abiotic stress tolerance and crop yield optimization through various interventions, including phosphorus uptake, transpiration rate, nutrient uptake efficiency, seed size distribution, and biomass production. Overall, the market is a dynamic and evolving landscape, with ongoing research and development efforts aimed at enhancing the productivity, sustainability, and profitability of mustard cultivation.

How is this Mustard Industry segmented?

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, a key ingredient in various food applications, are utilized not only for condiments but also as an essential component in dressings, glazes, soups, mayonnaise, marinades, and barbecue sauces. The seeds' color spectrum ranges from dark brown to bright yellow. In the agribusiness sector, advancements in mustard cultivation have been noteworthy. Plant height measurement and optimization have led to more efficient farming practices, while water stress mitigation techniques ensure crop resilience under adverse conditions. Root system architecture studies have enhanced nitrogen use efficien

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.

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