According to the latest report by IMARC Group, titled, “Indian Mustard oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the Indian mustard oil market is expected to exhibit a CAGR of 4.5% during 2022-2027.
Mustard oil is a type of vegetable oil that is naturally extracted from the seeds of brown, white, and black mustard. It is available in different forms, including Grade I (Kachchi Ghani) mustard oil, Grade II (non-edible) mustard oil, and refined mustard oil. Mustard oil helps in reducing inflammation, treating cold symptoms, blocking microbial growth, promoting skin and hair health, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Indian Mustard oil Market Trends
The mustard oil market in India is primarily driven by its escalating demand from the expanding food service industry. Furthermore, the rising consumer awareness towards numerous health benefits associated with the consumption of mustard oil is also strengthening the market growth. Besides this, the growing agricultural sector and increasing availability of high-yielding mustard seeds are inducing the production rate of mustard oil. Additionally, the Indian government has introduced various initiatives to enhance the domestic production of oilseeds to minimize imports and achieve self-sufficiency. Moreover, the easy product availability over both online and offline retail channels is also catalyzing the market growth. All the above-mentioned factors are projected to further bolster the demand for mustard oil in India over the forecasted period.
The report has segmented the market on the basis of Packaging Type, Packaging Material, Pack Size, Application, Distribution Channel and Region.
Breakup by Packaging Type:
- Pouches
- Jars
- Cans
- Bottles
Breakup by Packaging Material:
- Metal
- Plastic
- Paper
- Others
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Breakup by Pack Size:
- Less than 1 Litres
- 1 Litres
- 1 Litres – 5 litres
- 5 Litres – 10 Litres
- 10 Litres and Above
Breakup by Application:
- Household Cooking
- HoReCa
- Industrial Uses
Breakup by Distribution Channel:
- Direct/Institutional Sales
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Region:
- North India
- West and Central India
- East India
- South India
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