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.

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).

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.

Retail Price: Mustard Oil: North Zone: Delhi data was reported at 145.000 INR/kg in Sep 2023. This records an increase from the previous number of 144.000 INR/kg for Aug 2023. Retail Price: Mustard Oil: North Zone: Delhi data is updated monthly, averaging 84.000 INR/kg from Jan 2000 (Median) to Sep 2023, with 283 observations. The data reached an all-time high of 208.000 INR/kg in Oct 2021 and a record low of 37.000 INR/kg in May 2001. Retail Price: Mustard Oil: North Zone: Delhi data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under Global Database’s India – Table IN.PC: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Month End: by Cities: Mustard Oil (Discontinued).

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.

This Dataset contains state-wise daily wholesale and retail price of essential commodity Mustard Oil Packed

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.

Pakistan Average Retail Price: Mustard Oil: Mill data was reported at 181.150 PKR/kg in 2017. This records an increase from the previous number of 179.680 PKR/kg for 2016. Pakistan Average Retail Price: Mustard Oil: Mill data is updated yearly, averaging 63.510 PKR/kg from Jun 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 185.860 PKR/kg in 2013 and a record low of 20.930 PKR/kg in 1991. Pakistan Average Retail Price: Mustard Oil: Mill data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.P001: Average Retail Price.

Retail Price: DCA: Monthly Average: Mustard Oil: Ladakh data was reported at 208.160 INR/kg in Apr 2025. This records an increase from the previous number of 196.110 INR/kg for Mar 2025. Retail Price: DCA: Monthly Average: Mustard Oil: Ladakh data is updated monthly, averaging 196.110 INR/kg from Oct 2024 (Median) to Apr 2025, with 7 observations. The data reached an all-time high of 208.160 INR/kg in Apr 2025 and a record low of 174.360 INR/kg in Oct 2024. Retail Price: DCA: Monthly Average: Mustard Oil: Ladakh 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.PC103: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by States: Mustard Oil.

Snapshot img

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

58 Global import shipment records of Mustard Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Snapshot img

Edible Oil Market Size 2025-2029

The edible oil market size is forecast to increase by USD 18.37 billion, at a CAGR of 3.4% between 2024 and 2029.

The market is driven by the surging demand for trans-fat-free oils due to growing health consciousness among consumers. This trend is fueled by increasing awareness regarding the harmful effects of trans fats on human health. Furthermore, advancements in agriculture technology have enabled the production of high-quality, healthy oils, providing opportunities for market growth. However, the market faces distribution challenges that hinder its expansion. The complex supply chain and logistical issues in transporting edible oils from production sites to consumers in various regions create hurdles for market participants.
Companies must navigate these challenges by implementing robust logistics strategies and collaborating with reliable partners to ensure the timely and efficient delivery of their products. By addressing these challenges and catering to the evolving consumer preferences, market players can capitalize on the growing demand for healthier edible oil options and strengthen their market position. Consumer preferences for healthier alternatives, such as olive oil, are driving demand for alternative oils

What will be the Size of the Edible Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, shaped by dynamic market forces and shifting consumer preferences. Unsaturated fats, such as monounsaturated and polyunsaturated fatty acids, have gained prominence in food processing due to their health benefits. Cold-pressed oils, like olive and avocado, with their desirable nutritional profiles and high omega-3 and omega-6 fatty acid content, have gained popularity in various sectors. The fatty acid profile of oils, including rapeseed, sunflower, safflower, and canola, influences their applications in food processing and dietary guidelines. Smoke point and peroxide value are crucial factors in determining the suitability of oils for cooking applications. Linseed oil, with its high polyunsaturated fat content and low smoke point, is often used in non-cooking applications.

Price volatility, driven by factors like supply chain disruptions and government regulations, impacts the market. Organic and unrefined oils, with their perceived health benefits and higher production costs, command premium prices. Oxidation stability and moisture content are essential considerations for maintaining the quality and shelf life of edible oils. Sustainability concerns, particularly in the palm oil sector, have led to increased scrutiny and regulations. Corn oil, peanut oil, and other vegetable oils are used extensively in salad dressings and food manufacturing. Labeling requirements and consumer preferences for trans-fat-free and low-saturated fat options continue to shape the market landscape. The market is a complex web of interconnected factors, from production methods like solvent extraction and expeller-pressed oil to consumer preferences and government regulations.

The ongoing unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptable in this ever-changing industry.

How is this Edible Oil Industry segmented?

The edible oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Retail
  Food service
  Food processor


Packaging

  Pouches
  Bottles
  Jars
  Cans


Type

  Palm oil
  Soybean oil
  Sunflower oil
  Mustard oil
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Russia
    UK


  APAC

    China
    India
    Indonesia
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The Retail segment is estimated to witness significant growth during the forecast period. The market encompasses various types of oils, including unsaturated ones like rapeseed, sunflower, safflower, olive, and avocado, which provide healthier alternatives to saturated fats. The futures market plays a significant role in price determination, influencing the supply chain. Trans fats, however, are a concern due to their adverse health effects, leading to increased focus on omega-6 and omega-3 fatty acids. Cholesterol content is a critical consideration, with olive, canola, and flaxseed oils offering heart-healthy benefits. Food processing techniques, such as cold-pressing, expeller-pressing, and solvent extraction, impact the oil's nutritional value, smoke point, and oxidation stability. Consumer preferences prioritize monounsatura

In the marketing year 2025, ******** was the most used cooking oil in India, with its domestic consumption surpassing ************* metric tons. It was followed by soybean and rapeseed oils, with their respective consumption volumes reaching *** and *** million metric tons. Production of edible oils India produces a wide range of edible oils like palm, soybean, mustard, sunflower, and groundnut, that match its diverse food cultures and agricultural practices. Mustard oil is popular in the northern and eastern regions, while the southern part of India prefers coconut oil. Additionally, the country is also seeing an increase in soybean oil production, catering to both domestic needs and increasing demand from the international market. Import of edible oils India's reliance on imported edible oils is a crucial aspect of its food economy, driven by the gap between domestic production and consumption demands. The country is one of the largest importers of edible oils globally, importing over ** million metric tons, with palm and soybean oils constituting the bulk of imports. Indonesia and Malaysia emerged as the top exporters of edible oil to India in the financial year 2023. The country also plans to continue importing edible oils at lower duty rates until 2025, to keep the food inflation in check.

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.

1154 Global export shipment records of Mustard Seed with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.