Mustard Oil Market - Forecast(2024 - 2030)

Report Code: FBR 38090 Report Format: PDF + Excel

Mustard oil Market Overview

Mustard oil Market size was estimated at $21.6 billion in 2020, projected to grow at a CAGR of 3.8% during the forecast period 2021-2026. Mustard oil industry has witnessed huge demand as the Mustard Oil is one of the finest cooking oils for heart patients since it contains an excellent Omega 3 (MUFA) and 6 Fatty Acid composition Linolic and alpha Linolenic Acid respectively in a decent ratio close to 10.1, which is seldom observed in other oils. The optimal Omega 6 Omega 3 ratio is 10:1. Mustard oil is made from mustard seeds and has a strong flavor and a disagreeable odor. Mustard has roughly 38-40% oil and rapeseed has roughly 42% oil. Both the seed and the oil are used as condiments in pickles and to flavor curries and vegetables. The oil is used in cooking and frying for human consumption throughout Northern India. Mustard oil comes in three varieties B. nigra (black mustard), B. juncea (brown mustard), and B. hirta (white mustard) (white mustard). It is traditionally a cooking oil, but it is also used in aromatherapy, medicines, and soaps, among other things. It is extracted by two processes such as crushing the seeds, which are utilized as cooking oil owing to the presence of fatty oil, and grinding the seeds, which is then processed with water before being purified via the distillation process. The second process of extraction yields a mild pungent oil that is employed as an essential oil in several therapeutic applications. Mustard oil's many activities, such as appetizer, stimulant, hair vitalizer, anti-bacterial, anti-fungal, and others, boost its market demand. It is regarded an essential oil with several skin and body advantages, and its demand for personal care and cosmetics is expected to rise. In different parts of the world, rapeseed oil is called sarson, toria, or lahi, whereas mustard is called rai, raya, or laha. Mustard, followed by toria, yellow sarson, and brown sarson, is the most significant member of the group, accounting for more than 70% of the area under rapeseed oil.

Report Coverage

The report: “Mustard oil Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Mustard oil Market.
By Product Type: White Mustard, Black Mustard and Brown Mustard
By Application: food, personal care, pharmaceuticals, aromatherapy, and other
By Extraction Type: Distillation extraction and Pressing Extraction,
By Distribution Channel: Hypermarkets & Supermarkets, Convenience Stores, E-Commerce, others
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina and Rest of South America), and Rest of the World (Middle East and Africa)

Key Takeaways

  • Both radish and horse radish are members of the mustard family.
  • In terms of geography, North America had the largest market share in 2020. Owing to the rise in mustard oil exports to other countries, where it is utilized as a massage oil or combined into home-made skin serums and scalp treatments.
  • Factors like strong demand for black mustard oil and the fact that black mustard is frequently utilized in terms of volume and black mustard Oil is used to cure common colds, aching knees, muscular, and arthritis, all of which contribute to market expansion.

Mustard oil Market: Market Share (%) by Region, 2020

 Mustard oil Market

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Mustard oil Market Segment Analysis – By Product Type

Based on Product Type, Mustard Oil Market is segmented into, White Mustard, Black Mustard and Brown Mustard. Black Mustard Oil segment is accounted for the largest revenue market share in 2020. This is mainly attributed to the rising client demand for the product and its health advantages on the market. As Mustard oil also contains alpha-linolenic acid (ALA), an omega-3 fatty acid that may aid in the reduction of inflammation and discomfort associated with rheumatoid arthritis. Colds, aching knees, muscular (rheumatism), and arthritis are all treated with black mustard oil. White Mustard Segment is predicted to grow with the fastest CAGR of 4.3% in the forecast period 2021-2026 owing to the increase in consumer demand for white mustard oil across the world. White mustard seed is used to season traditional American yellow mustard, but it is also used to treat stomach congestion, joint discomfort, sore throat, and other ailments. Rapeseed oil and Canola oils are frequently mistaken with mustard seed oil (low erucic acid rapeseed oil). Those oils come from the same plant (Brassica napus), however they are not the same. Rapeseed oil is not utilized in cooking oil until Canola Oil was developed.

Mustard oil Market Segment Analysis – By Application

Based on Application, Mustard Oil Market is segmented in to food, personal care, pharmaceuticals, aromatherapy, and other. Food segment is accounted for the largest revenue market share in 2020. When compared to sunflower and other oils, mustard oil, which is high in alpha-linolenic acid (an important fatty acid that has been demonstrated to decrease cholesterol levels and reduce the risk of heart disease), was associated to a two-fold decreased risk. Moreover, monounsaturated fatty acids, that is found in foods like nuts, seeds, and plant-based oils, are plentiful in mustard oil. Monounsaturated fatty acids have been related to a number of health advantages, including heart health. In fact, research suggests that they may help decrease triglyceride, blood pressure, and blood sugar levels, all of which are heart disease risk factors. Personal Care segment anticipated to grow with the fastest CAGR of 4.5% in the forecast period 2021-2026. This is majorly attributed to the Mustard oil is used in both cooking and personal care. It is high in Linolic Acid or omega-3 and Alpha Linolenic Acid or omega-6 fatty acids, as well as low in saturated fats. Although the use of pure mustard oil as a vegetable oil is prohibited in the United States, Canada, and Europe, it is frequently used topically as a massage oil, skin serum, and hair treatment. Pure mustard oil is frequently used topically to improve the health of hair and skin. It's also often used to provide oil massages on babies in places like Bangladesh, which is supposed to strengthen the skin barrier.

Mustard oil Market Segment Analysis – By Geography:

Based on Geography, Asia-Pacific Mustard oil Market accounted for the 38% revenue share in 2020 owing of its widespread use in cuisine including India, Thailand, and China. This is owing to high intake of different culinary activities including cooking, frying, baking, dressing, and so on. Furthermore, the growing agricultural industry increases the availability of high-yielding of mustard seeds in this region. North America poised to grow with the fastest CAGR in the forecast period 2021-2026 this is majorly attributed to its use as an essential oil in a variety of industrial applications. Moreover, owing to a rise in mustard oil exports to other countries, where it is utilized as a massage oil or combined into home-made skin serums and scalp treatments. Horse radish is said to have come from Eastern Europe. Along with mustard, wasabi, cabbage, broccoli, and kale, it's a cruciferous vegetable. It has green leaves and a long white root. An enzyme breaks down a component called sinigrin into mustard oil when the root is sliced.

Mustard oil Market Segment Analysis-Drivers

Rising Demand for Mustard Oil in Cooking:

Owing to the growing consumption of food in Asia-Pacific countries such as India, Thailand, and China, consumer demand for mustard oil is increasing. Mustard oil has long been used as a cooking oil and as a substitute for other seed oils that have better skin advantages. The majority of mustard oil is used for frying, with the remainder being used for pickling and directly on the fruit as raw oil. In rural locations, food is cooked at low temperatures to preserve oil sourness, however in urban areas, pungency is less desirable and food is cooked at higher degrees. The amount of vitamin A produced depends on the length and temperature of the cooking process; lower temperatures and one or n minutes of cooking time produce more vitamin A. Mustard oil is abundant in monounsaturated fatty acids and is therefore highly recommended. Our bodies require oil in a 3:1 ratio, with three parts polyunsaturated and one part saturated fatty acids. Polyunsaturated fatty acids (PUFA) include monounsaturated fatty acids (MUFA). Mustard oil is high in MUFAs, which are important for human health. Because it is high in MUFA, it decreases bad cholesterol in the body, lowering blood fat levels and improving circulation. The usage of mustard oil, which is high in alpha-linolenic acid, was linked to a decreased incidence of IHD (Ischemic Heart Disease) than sunflower oil.

Mustard oil Market Segment Analysis-Challenges

Ban Of Mustard Oil:

Mustard oil is prohibited for human consumption in the European Union, the United States, and Canada, owing to its high erucic acid level. All mustard oil must be labelled "For External Use Only" by the USFDA. The accumulation of triglycerides in the heart, the formation of fibriotic lesions in the heart, an increased risk of lung cancer, and anaemia are all documented side effects of erucic acid. As mustard oil contains a lot of erucic acid, it might be dangerous. Several oils contain this monounsaturated fatty acid. Erucic acid is safe in small quantities, but greater quantities can be hazardous. It's an unusual fatty acid molecule that's known to be extremely harmful in nature. Owing to the high concentration of eric acid in mustard oil, it poses a major health danger to humans.

Mustard oil Market Segment Landscape:

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Mustard oil Market. Mustard oil Market top 10 companies are Cargill Incorporated, Adani Wilmar Limited, Emami Agro Ltd, , Mother Dairy Fruit & Vegetable Pvt. Ltd, Archer Daniels Midland Company, K S oils, Saloni Mustard oil, Ambuja Agro Industries Ltd, Taj Agro Products, Bansal Oil Mill Limited, and among others.

Acquisitions/Product Launches:

  • In May 2021, Cargill and Frontline International have teamed up to deliver the restaurant industry an automated cooking oil management system. The New Kitchen ControllerTM oil management system uses real-time data to cook fried foods more consistently and profitably.

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1. Mustard Oil Market- Overview
    1.1 Definitions and Scope
2. Mustard Oil Market- Executive Summary
    2.1 Market Revenue, Size and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Application
    2.4 Key trends by Extraction Type
    2.5 Key trends by Distribution Channel
    2.6 Key trends by Geography
3. Mustard Oil Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies        
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Mustard Oil Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Mustard Oil Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Mustard Oil Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Mustard Oil Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Mustard Oil Market– By Product Type (Market Size –$Million/$Billion)
    8.1 White Mustard
    8.2 Black Mustard
    8.3 Brown Mustard
9. Mustard Oil Market– By Application (Market Size –$Million/$Billion)
    9.1 Food
    9.2 Personal Care
    9.3 Pharmaceuticals
    9.4 Aromatherapy
    9.5 Other
10. Mustard Oil Market– By Extraction Type (Market Size –$Million/$Billion)
    10.1 Distillation Extraction
    10.2 Pressing Extraction
11. Mustard Oil Market– By Distribution channel (Market Size –$Million/$Billion)
    11.1 Hypermarkets & Supermarkets
    11.2 Convenience Stores
    11.3 E-Commerce, others
12. Mustard Oil Market-  By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Mustard Oil Market- Entropy
14. Mustard Oil Market– Industry/Segment Competition Landscape      Premium 
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Competition Matrix
        14.1.5 Best Practices for Companies
15. Mustard Oil Market– Key Company List by Country Premium  Premium
    Mustard Oil Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
    "*Financials for private companies would be provided on a best efforts basis

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 Distribution Channel Market 2019-2024 ($M) - Global Industry Research
1.1.1 Convenience stores Market 2019-2024 ($M)
1.1.2 Hypermarket/Supermarket Market 2019-2024 ($M)
1.1.3 Online Channel Market 2019-2024 ($M)
1.1.4 Culinary Market 2019-2024 ($M)
1.1.5 Personal Care Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Strategies Adopted Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 Distribution Channel Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Convenience stores Market 2019-2024 (Volume/Units)
3.1.2 Hypermarket/Supermarket Market 2019-2024 (Volume/Units)
3.1.3 Online Channel Market 2019-2024 (Volume/Units)
3.1.4 Culinary Market 2019-2024 (Volume/Units)
3.1.5 Personal Care Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Strategies Adopted Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Convenience stores Market 2019-2024 ($M)
5.1.2 Hypermarket/Supermarket Market 2019-2024 ($M)
5.1.3 Online Channel Market 2019-2024 ($M)
5.1.4 Culinary Market 2019-2024 ($M)
5.1.5 Personal Care Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Strategies Adopted Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Convenience stores Market 2019-2024 ($M)
7.1.2 Hypermarket/Supermarket Market 2019-2024 ($M)
7.1.3 Online Channel Market 2019-2024 ($M)
7.1.4 Culinary Market 2019-2024 ($M)
7.1.5 Personal Care Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Strategies Adopted Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Convenience stores Market 2019-2024 ($M)
9.1.2 Hypermarket/Supermarket Market 2019-2024 ($M)
9.1.3 Online Channel Market 2019-2024 ($M)
9.1.4 Culinary Market 2019-2024 ($M)
9.1.5 Personal Care Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Strategies Adopted Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Convenience stores Market 2019-2024 ($M)
11.1.2 Hypermarket/Supermarket Market 2019-2024 ($M)
11.1.3 Online Channel Market 2019-2024 ($M)
11.1.4 Culinary Market 2019-2024 ($M)
11.1.5 Personal Care Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Strategies Adopted Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Convenience stores Market 2019-2024 ($M)
13.1.2 Hypermarket/Supermarket Market 2019-2024 ($M)
13.1.3 Online Channel Market 2019-2024 ($M)
13.1.4 Culinary Market 2019-2024 ($M)
13.1.5 Personal Care Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Strategies Adopted Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Mustard Oil Market Revenue, 2019-2024 ($M)
2.Canada Mustard Oil Market Revenue, 2019-2024 ($M)
3.Mexico Mustard Oil Market Revenue, 2019-2024 ($M)
4.Brazil Mustard Oil Market Revenue, 2019-2024 ($M)
5.Argentina Mustard Oil Market Revenue, 2019-2024 ($M)
6.Peru Mustard Oil Market Revenue, 2019-2024 ($M)
7.Colombia Mustard Oil Market Revenue, 2019-2024 ($M)
8.Chile Mustard Oil Market Revenue, 2019-2024 ($M)
9.Rest of South America Mustard Oil Market Revenue, 2019-2024 ($M)
10.UK Mustard Oil Market Revenue, 2019-2024 ($M)
11.Germany Mustard Oil Market Revenue, 2019-2024 ($M)
12.France Mustard Oil Market Revenue, 2019-2024 ($M)
13.Italy Mustard Oil Market Revenue, 2019-2024 ($M)
14.Spain Mustard Oil Market Revenue, 2019-2024 ($M)
15.Rest of Europe Mustard Oil Market Revenue, 2019-2024 ($M)
16.China Mustard Oil Market Revenue, 2019-2024 ($M)
17.India Mustard Oil Market Revenue, 2019-2024 ($M)
18.Japan Mustard Oil Market Revenue, 2019-2024 ($M)
19.South Korea Mustard Oil Market Revenue, 2019-2024 ($M)
20.South Africa Mustard Oil Market Revenue, 2019-2024 ($M)
21.North America Mustard Oil By Application
22.South America Mustard Oil By Application
23.Europe Mustard Oil By Application
24.APAC Mustard Oil By Application
25.MENA Mustard Oil By Application