The global mustard oil market is evaluated at US$26.090 billion for the year 2020, which is projected to expand at a CAGR of 3.74%, to reach US$33.737 billion in 2027. Mustard oil is an oil type extracted from mustard seeds. Mustard oil is dominantly used in the food and beverage industry, and pharmaceuticals.
What is mustard oil?
Mustard oil is an oil type extracted from mustard seeds. Mustard oil is dominantly used in the food and beverage industry, and pharmaceuticals. The market for mustard oil has shown significant growth in the global market. The replacement of sunflower and other oils with mustard oil accounts for this growth.
How is mustard oil made?
The oil is made by pressing of the seeds or by the process of grinding, whereby it is mixed with water and then further distilled. The black mustard yields a lighter colored and stronger tasting oil, while the white variety produces a yellowish colored, pungent oil. A simple mustard oil recipe is to directly press the seeds.
Which region has the highest value in the mustard oil market?
The Asia Pacific holds the highest value in the mustard oil market The Asia-Pacific region leads in the usage of healthy sauces and healthy foods, making the Asia-Pacific region the lion’s share in the market of mustard oil. Europe is the second-largest market for mustard oil in terms of volume.