The US mustardseed and rapeseed market has shown stability from 2024 to 2028, with the volume forecasted to increase modestly from 76.0 thousand metric tons in 2024 to 77.0 thousand metric tons in 2026-2028. In 2023, the market volume stood at 75.0 thousand metric tons. Year-on-year growth remains limited, with a slight 1.32% increase anticipated annually from 2025 onwards. The five-year CAGR is expected to hover around 0.50%, indicating slow but steady growth.
Future trends to watch for:
- Potential impacts of climate change on crop yields.
- Investments in agricultural technology improving productivity.
- Shifts in consumer preferences towards plant-based oils affecting demand.
- Regulatory changes impacting crop production incentives.
