Mustard
oil Market Introduction:
Mustard
oil is extracted from mustard seeds, often have a pungent taste with
irritating aroma. There are three varieties of mustard oil available
in market includes B. nigra (black mustard), B. juncea (brown
mustard), and B. hirta (white mustard). Traditionally a preferred oil
for cooking, it is also used in different applications like
aromatherapy, pharmaceuticals, & soaps, etc. It is extracted from
two process includes pressing the seeds used as cooking oil due to
presence of fatty oil and grinding of seed, processing it with water,
and the filtered by distillation process. Second method of extracting
produce a light pungent oil used for other therapeutic segments as
essential oil. It is used in aromatherapy to stimulate the sweat
glands and for its benefits on skin.
Various
functions of mustard oil such as appetizer, stimulant, hair
vitalizer, anti-bacterial, anti-fungal and others increase its demand
in market. It is considered as essential oil with lots of benefits to
skin and body is expecting to grow demand for personal care and
cosmetics.
Mustard
oil Market Segmentation:
Mustard
oil market
is segmented on the basis of product type, production process,
application, distribution channels and region. On the basis of
product type includes B. nigra (black mustard), B. juncea (brown
mustard), and B. hirta (white mustard). Among all of these, black
mustard is majorly used in terms of volume and is expected to grow
due to its various application in market. On the basis of production
process, it is segmented into two categories includes pressing
extraction and distillation extraction. On the basis of application
the mustard oil market is segmented as food, personal care,
pharmaceutical, aromatherapy and others industrial applications.
Among all of these, food segment dominates the market and is expected
to register a higher growth in the global mustard oil market during
forecasted period.
On
the basis of distribution channels the mustard oil market is
segmented as online retail, supermarkets, and departmental stores.
Among all of these, online retailing is expected to hold major shares
in the market over the forecasted period.
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Mustard
oil Market Regional Outlook:
Mustard
oil market is further segmented on the basis of regions, as North
America, Latin America, Eastern Europe, Western Europe, Asia-Pacific
excluding Japan, Japan, and Middle East & Africa. On the basis of
regions, mustard oil has market demand is higher in Asia-Pacific
regions which includes India, Thailand, and china due to its huge
consumption in food. North America market is expected to expand
relatively higher CAGR due to its preference as essential oil in
various industrial application.
Mustard
oil Market Drivers and Trends:
Mustard
oil is traditionally preferred as cooking oil and a substitute for
other seed oil with higher benefits towards skin and health is
expected to drive the global mustard oil market. Principal factor
driving the mustard oil market is to substitute the other oil
products like sunflower oil which has a major share in oil market.
Availability of low cost substitutes and variety of products is
expected to fuel the market. French regions producing white mustard
oil due to its sweeter taste is expected to register a higher market
growth in terms of value and volume over the forecast period. Mustard
oil having properties to produce warmness in body helps to increase
the blood flow is expected to register a steady growth in massage
therapeutic segment in global mustard oil market.
Mustard
oil Market Key Players:
Global
Mustard oil market is highly fragmented with various industry
players. Some of the key players participating in the global mustard
oil market includes Cargill Incorporated, Archer Daniels Midland
Company, Adani Wilmar Limited, Taj Agro Products, Emami Agro Ltd. ,K
S oils, Saloni Mustard oil, and Mother Dairy Fruit & Vegetable
Pvt. Ltd.,
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