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 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.

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.

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 Wholesale Price Index of edible oils across India during financial year 2024 was ***. An overall increase in the price index was seen over the years from financial year 2013 till 2022 in the country. Edible oils refers to vegetable and animal oils and fats.

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. .

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

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).

The Indian mustard seed market soared to $30M in 2024, picking up by 150% against the previous year. Over the period under review, consumption enjoyed a modest expansion. Over the period under review, the market attained the peak level at $35M in 2016; however, from 2017 to 2024, consumption failed to regain momentum.

As of December 2022, the average retail price per kilogram of mustard oil in Mumbai was just above *** Indian rupees. In comparison, the average retail price of one kilogram of mustard oil in Kolkata amounted to almost *** Indian rupees.

In 2024, the Indian crude rapeseed oil market decreased by -3.2% to $6B, falling for the second consecutive year after three years of growth. Overall, the total consumption indicated a tangible increase from 2012 to 2024: its value increased at an average annual rate of +4.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -16.2% against 2022 indices.

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.

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

Retail Price: DCA: Daily: Mustard Oil: Karnataka data was reported at 177.610 INR/kg in 17 May 2025. This records a decrease from the previous number of 178.560 INR/kg for 16 May 2025. Retail Price: DCA: Daily: Mustard Oil: Karnataka data is updated daily, averaging 156.930 INR/kg from Mar 2015 (Median) to 17 May 2025, with 3000 observations. The data reached an all-time high of 207.640 INR/kg in 06 Mar 2022 and a record low of 95.000 INR/kg in 13 Apr 2015. Retail Price: DCA: Daily: Mustard Oil: Karnataka 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.PC057: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Daily: by States: Mustard Oil.

India Exports of rapeseed, colza or mustard oil, not chemically modified to Panama was US$752 during 2023, according to the United Nations COMTRADE database on international trade. India Exports of rapeseed, colza or mustard oil, not chemically modified to Panama - data, historical chart and statistics - was last updated on November of 2025.

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

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

Mustard Oil Market Outlook

According to our latest research, the Global Mustard Oil market size was valued at $5.2 billion in 2024 and is projected to reach $8.7 billion by 2033, expanding at a robust CAGR of 5.6% during the forecast period of 2024–2033. One of the major factors driving the growth of the mustard oil market globally is the increasing awareness of its health benefits, particularly its high content of monounsaturated and polyunsaturated fatty acids, which are known to support cardiovascular health. This, coupled with the rising interest in natural and traditional cooking oils, is fueling demand across both mature and emerging markets. The market's trajectory is further supported by the growing application of mustard oil in food processing, pharmaceuticals, and cosmetics, alongside a surge in consumer preference for organic and non-GMO products.

Regional Outlook

The Asia Pacific region commands the largest share of the global mustard oil market, accounting for over 65% of total market revenue in 2024. This dominance is primarily attributed to the deep-rooted culinary traditions in countries such as India, Bangladesh, and Nepal, where mustard oil is a staple cooking medium. The region benefits from well-established supply chains, a mature consumer base, and supportive government policies that encourage domestic oilseed production. Additionally, the presence of major edible oil manufacturers and a robust distribution network ensures consistent market performance. The regulatory environment in Asia Pacific, particularly the gradual shift towards food safety and quality standards, has also enhanced consumer trust and contributed to sustained market growth.

In contrast, North America is emerging as the fastest-growing region in the mustard oil market, projected to register a remarkable CAGR of 7.8% during 2024–2033. The growth in this region is driven by increasing consumer awareness regarding the health benefits of mustard oil, rising demand for ethnic cuisines, and the expanding immigrant population from South Asia. Investments in food innovation and the incorporation of mustard oil in gourmet and specialty foods have further propelled demand. Moreover, the proliferation of online retail platforms and specialty stores has made mustard oil more accessible to a wider audience. The region is also witnessing significant investments in the development of organic and cold-pressed mustard oil variants, catering to the growing preference for clean-label products.

Emerging economies in Latin America and the Middle East & Africa are experiencing moderate growth, largely driven by urbanization and increasing disposable incomes. However, these regions face unique adoption challenges, including limited consumer awareness, fluctuating import policies, and fragmented supply chains. In Latin America, the demand is primarily localized, with mustard oil being utilized in niche food processing and industrial applications. The Middle East & Africa region is witnessing gradual market penetration, supported by efforts to diversify oil sources and promote healthier alternatives. Nonetheless, policy inconsistencies and infrastructural barriers continue to restrain the full-scale adoption of mustard oil in these markets.

Report Scope

Retail Price: DOAC: Mustard Oil: Odisha: Bhubneshwar data was reported at 151.000 INR/l in Mar 2023. This records a decrease from the previous number of 160.000 INR/l for Feb 2023. Retail Price: DOAC: Mustard Oil: Odisha: Bhubneshwar data is updated monthly, averaging 91.000 INR/l from Jan 2005 (Median) to Mar 2023, with 217 observations. The data reached an all-time high of 221.000 INR/l in Mar 2022 and a record low of 50.000 INR/l in Apr 2006. Retail Price: DOAC: Mustard Oil: Odisha: Bhubneshwar data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC: Retail Price: Department of Agriculture and Cooperation: Food: by Cities: Mustard Oil.