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Mustard Oil Market - Forecasts from 2025 to 2030

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    Report

  • 130 Pages
  • December 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5602493
The global mustard oil market is estimated to grow at a CAGR of 3.68%, from US$31.552 billion in 2025 to US$37.796 billion in 2030.

Mustard oil is an oil type extracted from mustard seeds. This oil is dominantly used in the food and beverage industry and pharmaceuticals. The market for mustard oil has shown significant growth worldwide. The replacement of sunflower and other oils with mustard oil accounts for this growth. The medicinal properties of mustard oil make it better and more useful than the other oils. Mustard seeds possess a pungent and strong taste, accompanied by a strong, unpleasant odor. Mustard oil has several applications, such as antibacterial agents in soap production, beverages, pharmaceuticals, anti-fungal agents, etc.

Mustard oil is also used in cooking food and increasing the taste, which is seen as a common trend in the dishes of northern India. Mustard seeds are available on the market mainly in 3 variants: black, brown, and white. The processing method of mustard oil also depends on its application. Crude extraction of mustard oil is mainly used for food and beverage uses. The second method, distillation extraction of mustard oil, is used in the application of pharmaceuticals and therapies. Mustard oil is also globally used for hair growth treatments, aromatherapy, and as an appetizer. The wide applications of mustard oil, mainly in medicine and food processing, have increased the global mustard oil market.

Global Mustard Oil Market Drivers

Increasing global production of oilseed.

A major driving factor for the global mustard oil market growth is the increasing production of oilseed worldwide. The global production of oilseed witnessed significant growth over thepast few years. With the increasing production of mustard or rapeseed globally, the production of mustard oil will witness considerable growth. The Ministry of Agriculture & Farmers Welfare of the Indian Government, in its press release, stated that the production of rapeseed and mustard in the nation witnessed an increase of about 40% in thelast three years, from 91.2 lakh tons in 2020-21 to 128.2 lakh tons in 2022-23. The government also introduced theSpecial Mustard program, which is also expected to propel the production of mustard in the nation. The department further stated that the nation's mustard productivity witnessed a surge of about 11% in 2022-23, to about 1,447 kg/hectare.

Global Mustard Oil Market geographical outlook

Asia-Pacific is forecasted to hold a major share of the Global Mustard Oil Market.

The Asia-Pacific region leads in the usage of healthy sauces and healthy foods, giving it the lion's share in the market of mustard oil.

Europe is the second-largest market for mustard oil in terms of volume.The Asia-Pacific is among the biggest oilseed and edible oil producers globally. Similarly, the demand for mustard oil in domestic consumption is also among the highest in the region, especially in countries like India, Bangladesh, and Pakistan.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Global Mustard Oil Market is segmented and analyzed as given below:

By Type

  • Black mustard
  • Brown mustard
  • White mustard

By Application

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia-Pacific

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. GLOBAL MUSTARD OIL MARKET BY TYPE
5.1. Introduction
5.2. Black mustard
5.3. Brown mustard
5.4. White mustard
6. GLOBAL MUSTARD OIL MARKET BY APPLICATION
6.1. Introduction
6.2. Food and Beverages
6.3. Pharmaceuticals
6.4. Cosmetics and Personal Care
6.5. Others
7. GLOBAL MUSTARD OIL MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. By Type
7.2.2. By Application
7.2.3. By Country
7.2.3.1. United States
7.2.3.2. Canada
7.2.3.3. Others
7.3. South America
7.3.1. By Type
7.3.2. By Application
7.3.3. By Country
7.3.3.1. Brazil
7.3.3.2. Argentina
7.3.3.3. Others
7.4. Europe
7.4.1. By Type
7.4.2. By Application
7.4.3. By Country
7.4.3.1. Germany
7.4.3.2. France
7.4.3.3. United Kingdom
7.4.3.4. Others
7.5. Middle East and Africa
7.5.1. By Type
7.5.2. By Application
7.5.3. By Country
7.5.3.1. Saudi Arabia
7.5.3.2. UAE
7.5.3.3. Others
7.6. Asia Pacific
7.6.1. By Type
7.6.2. By Application
7.6.3. By Country
7.6.3.1. China
7.6.3.2. India
7.6.3.3. Japan
7.6.3.4. South Korea
7.6.3.5. Taiwan
7.6.3.6. Thailand
7.6.3.7. Indonesia
7.6.3.8. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. Adani Wilmar Limited
9.2. Emami Agro Ltd
9.3. Mother Dairy Fruit & Vegetable Pvt. Ltd
9.4. B P Oil Mills Limited
9.5. Pansari Group
9.6. Kriti Nutrients
9.7. Dabur UK
9.8. Manishankar Oils Pvt. Ltd.
9.9. Good Life's (Reliance Consumer Brands)
9.10. Ajanta Soya Limited
9.11. Medikonda Nutrients
9.12. Vigon International, LLC. (Azelis)
9.13. Mahesh Edible Oil Industries Limited
9.14. Ashoka Oil Industries
9.15. Nayesha Oil Mills

Companies Mentioned

  • Adani Wilmar Limited
  • Emami Agro Ltd
  • Mother Dairy Fruit & Vegetable Pvt. Ltd
  • B P Oil Mills Limited
  • Pansari Group
  • Kriti Nutrients
  • Dabur UK
  • Manishankar Oils Pvt. Ltd.
  • Good Life’s (Reliance Consumer Brands)
  • Ajanta Soya Limited
  • Medikonda Nutrients
  • Vigon International, LLC. (Azelis)
  • Mahesh Edible Oil Industries Limited
  • Ashoka Oil Industries
  • Nayesha Oil Mills

Methodology

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Table Information