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Here's the Top 23 List of Mustard Oil Companies 2026 | Global Growth Insights

Mustard oil market in 2026 reflects stable and consumption-driven growth as edible oil demand rises alongside population growth, urbanization, and changing dietary patterns. The Global Mustard Oil Market was valued at USD 37.56 billion in 2025 and is projected to reach USD 38.77 billion in 2026, indicating steady near-term expansion. The market is expected to grow further to USD 40.01 billion in 2027 and ultimately reach USD 51.47 billion by 2035, registering a CAGR of 3.2% during 2026–2035. This trajectory represents an incremental value opportunity of nearly USD 14 billion over the forecast period, highlighting the sector’s long-term commercial significance.

Demand fundamentals are closely tied to household cooking oil consumption, particularly in South Asia where mustard oil is a staple. In several high-consumption countries, per-capita edible oil intake often exceeds 15–20 kilograms annually, and mustard oil accounts for a meaningful share of this basket. On the supply side, global rapeseed–mustard production runs into the tens of millions of tonnes per year, providing a large raw material base for oil extraction. With typical oil recovery rates of around 30–35%, every 1 million tonnes of mustard seed can yield approximately 300,000–350,000 tonnes of oil, underlining the scale of processing activity.

Beyond cooking, mustard oil also finds use in hair care, massage, and traditional wellness practices, which broad

How Big Is the Mustard Oil Industry in 2026?

The mustard oil industry in 2026 represents a sizable and steadily growing segment of the global edible oils market, supported by strong household consumption in South Asia and rising interest in traditional and natural oils. The global mustard oil market is projected to reach about USD 38.77 billion in 2026, up from USD 37.56 billion in 2025, reflecting consistent year-on-year growth. Within the broader global edible oils industry valued at over USD 200 billion mustard oil holds a meaningful niche, particularly in countries where it is a staple cooking medium.

Volume demand is underpinned by mustard seed production that runs into the tens of millions of tonnes globally each year. With typical oil extraction rates of around 30 to 35%, large quantities of edible oil are generated from domestic crushing industries. India alone produces over 8 to 10 million tonnes of rapeseed–mustard annually in many seasons, supporting substantial oil output and making it one of the largest mustard oil markets worldwide.

Consumption is driven by dietary habits, affordability, and perceived health benefits. In several South Asian markets, per-capita edible oil intake often exceeds 15 to 20 kg per year, with mustard oil taking a visible share. Even small price movements in edible oils can shift market value by hundreds of millions of dollars, highlighting the economic scale of the mustard oil industry in 2026.

Global Distribution of Mustard Oil Manufacturers by Country in 2026

Country Estimated Share of Global Mustard Oil Production (2026) Role in Value Chain Key Facts & Figures (2026)
India 55–60% Major producer, processor, and consumer Produces over 8–10 million tonnes of rapeseed–mustard annually in many seasons; large domestic crushing industry; mustard oil is a staple cooking oil in several states
Bangladesh 10–12% Producer and high consumer Strong household usage; per-capita edible oil consumption often 15+ kg/year; numerous local mills and branded players
China 8–10% Producer and processor Large rapeseed producer; diversified vegetable oil sector; mustard and rapeseed oils used regionally
Nepal 3–5% Producer and consumer Mustard oil widely used in daily cooking; significant share of domestic edible oil basket
Pakistan 3–4% Producer and consumer Local cultivation of rapeseed–mustard; mix of domestic production and imports
Myanmar 2–3% Producer Traditional use of mustard and other vegetable oils; small-to-mid scale processing sector
Canada 2–3% Seed producer, limited mustard oil processing Major rapeseed (canola) grower; some mustard seed production mainly for export and specialty oils
United States 1–2% Niche processor and importer Demand driven by South Asian diaspora and specialty food markets
United Kingdom <1% Importer and niche processor Market led by ethnic food retail and specialty oils
UAE <1% Importer and re-export hub Demand linked to expatriate populations; acts as regional trade hub

Why Is the Mustard Oil Market Growing Across Major Regions and Where Are the Key Opportunities in 2026?

The mustard oil market in 2026 is expanding steadily as global edible oil consumption rises with population growth, urbanization, and higher disposable incomes. The global mustard oil market is projected to reach about USD 38.77 billion in 2026, up from USD 37.56 billion in 2025, and is on track to exceed USD 50 billion by the mid-2030s. While mustard oil represents a niche compared with soybean or palm oil, its cultural importance and perceived health benefits sustain strong demand. In high-consumption countries, per-capita edible oil intake often exceeds 15 to 20 kg annually, and mustard oil forms a visible share of household cooking oil use. Growth patterns differ by region, with Asia-Pacific dominating volumes and other regions showing niche but rising demand.

Why Is North America Seeing Niche but Rising Demand for Mustard Oil?

North America is not a traditional mustard oil stronghold, but demand is increasing through ethnic food markets and health-oriented consumers. The overall North American edible oils market is valued in the tens of billions of dollars, and even a small penetration by mustard oil translates into meaningful value. The South Asian diaspora in the U.S. and Canada numbers in the millions of consumers, supporting steady imports and local distribution.

Companies such as Cargill Incorporated and Archer Daniels Midland (ADM) are major oilseed processors in the region, and while they are not mustard-oil-only players, their scale in edible oils supports distribution and blending. Specialty brands and importers also supply diaspora markets. Online grocery and specialty retail have improved accessibility, helping niche oils grow faster than mainstream categories in percentage terms.

Key Countries:

How Is Europe Positioning Itself in the Mustard Oil Segment?

Europe’s mustard oil demand is primarily driven by ethnic communities and specialty food segments. The European edible oils market is worth tens of billions of dollars annually, but mustard oil holds a small share within this total. However, value growth can be notable because imported and specialty oils often carry premium prices.

Companies like Wilmar International and Cargill have strong European distribution networks for edible oils, indirectly supporting mustard oil availability. In addition, South Asian brands export packaged mustard oil to the UK and other countries with large diaspora populations. Regulatory standards on food safety and labeling in the EU also push producers toward higher quality and traceability, which can raise average selling prices.

Key Countries:

Where Does Asia-Pacific Drive the Core of Mustard Oil Growth?

Asia-Pacific is the heart of the mustard oil industry, accounting for the majority of global production and consumption. India alone produces 8–10+ million tonnes of rapeseed–mustard in many seasons, and with oil recovery rates around 30–35%, this supports large-scale domestic oil supply. India’s total edible oil consumption exceeds 20 million tonnes annually, and mustard oil is a key part of the northern and eastern regional diet.

Major companies such as Adani Wilmar Limited, Emami Agro Ltd, KS Oils, Saloni Mustard Oil, and Bansal Oil Mill Limited operate in this space, competing through branding and distribution. Bangladesh is another strong market where mustard oil is a daily cooking staple, with players like Square Food & Beverage Ltd., City Group, Bangladesh Edible Oil Ltd., Pran Foods Ltd., and Partex Star Group active in edible oils.

China also participates through firms such as Jiangxi Xinsen Natural Vegetable Oil, Anhui Green Crystal Biotechnology, Tianjin Zhongying Health Food, Henan Xilangge Foods, and Henan Xiangyao Seasoning, although rapeseed oil is more common than traditional pungent mustard oil. Rising incomes and packaged food penetration across Asia-Pacific continue to drive value growth.

Key Countries:

What Role Does the Middle East & Africa Play in the Mustard Oil Market?

The Middle East & Africa region is largely import-driven for mustard oil, with demand tied to expatriate South Asian communities. The broader regional edible oils market is valued in the tens of billions of dollars, so even a niche share represents solid commercial opportunity. The Gulf countries act as key import and re-export hubs.

Brands from South Asia, including Taj Agro Products, Ezeebee Overseas, and Manishankar Oils Pvt Ltd, export to this region to serve diaspora demand. Retail chains and ethnic grocery stores are primary channels. Growth is supported by population expansion and rising food imports, though mustard oil remains a small fraction of total edible oil use.

Key Countries:

Where Are the Biggest Opportunities in 2026?

Opportunities lie in premiumization and branding. Cold-pressed and organic mustard oils can sell at 20–50% price premiums over refined variants. E-commerce and modern trade are expanding reach, especially in urban areas. Even capturing 1–2% share in a large metropolitan edible oil market can translate into significant revenue for mid-sized brands.

Overall, mustard oil’s growth is less about explosive volume and more about steady value expansion, cultural loyalty, and premium segments. Regions and companies that combine quality, branding, and efficient distribution are best positioned to benefit in a USD 38+ billion global market that continues to grow gradually but consistently.

What Are Mustard Oil Companies?

Mustard oil companies are businesses engaged in the procurement of mustard seeds, oil extraction, refining, packaging, branding, and distribution of mustard oil for both food and non-food applications. They form an important link in the edible oil value chain, converting agricultural output into consumer-ready products. Medium to large processors can handle tens of thousands to hundreds of thousands of tonnes of mustard seed annually, and with typical oil recovery rates of 30–35%, every 1 million tonnes of seed can yield about 300,000–350,000 tonnes of oil. This conversion ratio highlights the scale and efficiency required in processing operations.

These companies range from small regional mills to large FMCG and agribusiness groups with national or international brands. In several high-consumption markets, per-capita edible oil intake often exceeds 15–20 kg per year, sustaining consistent demand for packaged oils. Many leading edible oil brands generate hundreds of millions of dollars in annual revenue, reflecting the commercial importance of the segment. Beyond cooking, mustard oil is also used in hair care, massage, and traditional wellness, adding to demand diversity. As urbanization and modern retail expand, mustard oil companies play a key role in food security, rural procurement networks, and branded consumer goods markets, making them significant participants in the broader edible oils industry.

Global Growth Insights unveils the top List global Mustard Oil Companies:

Company Headquarters Estimated CAGR / Growth Trend Past Year Revenue (Approx.) Geographic Presence Key Highlight Latest Company Updates (2026)
Square Food & Beverage Ltd. Bangladesh 6–8% Hundreds of millions USD (group est.) Bangladesh, exports Strong FMCG and edible oil portfolio Expanded packaged edible oil distribution
Garg Oil & General Mills India 5–7% Private (tens of millions USD est.) India (regional) Mustard oil and vanaspati producer Capacity additions in oil milling
Jiangxi Xinsen Natural Vegetable Oil Co. China 5–6% Private (est. tens of millions USD) China (regional) Natural vegetable oil processing Focus on healthy oil positioning
Cargill Incorporated USA 5–6% >USD 170B (total company) Global Global agribusiness leader in oilseeds Investing in value-added edible oils
KS Oils India Low to moderate (recovery phase) Limited / fluctuating India Known mustard oil brand legacy Selective brand and asset revival efforts
City Group Bangladesh 6–8% Multi-billion USD (group est.) Bangladesh, international trade Major edible oil refiner Strengthening consumer pack oils
Saloni Mustard Oil India 7–9% Private (est. tens of millions USD) India (north & east) Recognized regional mustard oil brand Expanded retail penetration
Archer Daniels Midland (ADM) USA 5–6% >USD 90B Global Leading global oilseed processor Focus on nutrition and specialty oils
Wilmar International Singapore 5–7% >USD 60B Asia, Global Large edible oil and FMCG player Growth in branded consumer oils
Emami Agro Ltd India 7–9% Hundreds of millions USD India Branded edible oils (healthy positioning) Portfolio expansion in premium oils
Ezeebee Overseas India 6–8% Private exporter Exports to Middle East & Africa Export-focused edible oil supplier Growing private-label exports
BPOM Indonesia Regulatory body Not revenue-based Indonesia Food and drug regulator Strengthening edible oil safety oversight
Anhui Green Crystal Biotechnology Co. China 5–7% Private China Biotech-linked edible oil processing Focus on natural oil extracts
Adani Wilmar Limited India High single-digit (8–10%) Multi-billion USD India, exports Major branded edible oil player Expanded Fortune brand portfolio
Tianjin Zhongying Health Food Co. China 5–6% Private China (regional) Health-oriented edible oils Growth in wellness-focused oils
Henan Xilangge Foods Co. China 5–6% Private China Regional edible oil producer Distribution expansion
Manishankar Oils Pvt Ltd India 6–8% Private India (regional) Mustard oil milling specialist Upgrading processing facilities
Bangladesh Edible Oil Ltd. Bangladesh 6–7% Hundreds of millions USD (est.) Bangladesh Large local edible oil refiner Capacity optimization projects
Henan Xiangyao Seasoning Co. China 5–6% Private China Seasoning and oil products Product line diversification
Bansal Oil Mill Limited India 6–8% Private India Established mustard oil processor Strengthening regional distribution
Partex Star Group Bangladesh 6–8% Large conglomerate (group billions USD est.) Bangladesh, exports Diversified FMCG and foods Expansion in packaged foods & oils
Taj Agro Products India 6–7% Private India, Middle East exports Mustard oil and agro products exporter Export market expansion
Pran Foods Ltd. Bangladesh 7–9% >USD 500M (group est.) Global exports Strong FMCG export brand Broadened edible oil portfolio

Opportunities for Startups & Emerging Players (2026)

Startups and emerging players in the mustard oil market in 2026 have measurable opportunities as the global market approaches USD 38.77 billion and continues to grow steadily. One of the biggest openings lies in premium and value-added segments. Cold-pressed and organic mustard oils can command 20–50% higher prices than conventional refined oils, allowing smaller brands to compete on quality rather than scale. In urban markets, even capturing 1% share of a large city’s edible oil demand can translate into meaningful annual revenue for a startup.

Digital commerce is another growth lever. Online grocery penetration in many developing markets is rising at double-digit annual rates, enabling direct-to-consumer mustard oil brands to reach niche but loyal audiences. Traceability and “farm-to-bottle” positioning also resonate with health-conscious buyers, especially where per-capita edible oil consumption exceeds 15–20 kg per year.

On the supply side, contract farming and local sourcing can stabilize input costs in a market where seed and oil prices can fluctuate by 10–20% within a season. Startups that integrate efficient small-scale crushing, strong branding, and e-commerce distribution can scale without massive capital investment. As consumer interest in traditional and natural foods grows, niche mustard oil brands have room to build profitable, differentiated positions.

FAQ: Global Mustard Oil Companies

Q1. How large is the global mustard oil market in 2026?
The global mustard oil market is projected to reach about USD 38.77 billion in 2026, up from USD 37.56 billion in 2025, reflecting steady growth in line with rising edible oil demand.

Q2. Which regions consume the most mustard oil?
Consumption is highly concentrated in South Asia, particularly India and Bangladesh. In these markets, per-capita edible oil consumption often exceeds 15–20 kg per year, with mustard oil holding a notable share.

Q3. How is mustard oil produced?
Mustard oil is extracted from mustard seeds, which typically yield about 30–35% oil content. This means 1 million tonnes of seed can produce roughly 300,000–350,000 tonnes of oil.

Q4. Are mustard oil companies large businesses?
Yes. Many operate in the FMCG sector, where leading edible oil brands can generate hundreds of millions to billions of dollars in annual revenue, especially in large consumer markets.

Q5. What drives demand for mustard oil?
Key drivers include cooking traditions, affordability, and perceived health and wellness benefits. Use in hair care and massage also adds to demand.

Q6. Is the market growing?
Yes. The market is expected to grow at about a 3.2% CAGR from 2026 to 2035, supported by population growth and urbanization.

Q7. Are premium segments important?
Premium segments such as cold-pressed and organic oils can sell at 20–50% price premiums, making them attractive for brands and startups.

Conclusion

The global mustard oil industry in 2026 stands as a USD 38.77 billion market, reflecting steady demand within the broader edible oils sector. With the market projected to reach USD 51.47 billion by 2035 at a 3.2% CAGR, mustard oil shows consistent, consumption-led growth rather than volatility-driven expansion. Demand remains concentrated in South Asia, where per-capita edible oil consumption often exceeds 15–20 kg annually and mustard oil is a staple in many households. On the supply side, global rapeseed–mustard production in the tens of millions of tonnes ensures a strong raw material base, with typical oil recovery rates of 30–35% supporting large-scale processing.

Premiumization is also shaping the market, as cold-pressed and organic variants can command 20–50% higher prices. Even small price or volume shifts in edible oils can move market value by hundreds of millions of dollars, highlighting the category’s economic weight. Overall, mustard oil companies that combine efficient sourcing, strong branding, and modern distribution are well positioned to benefit from stable, long-term demand in this culturally rooted and gradually modernizing market.