By 2024, the US rapeseed and mustard oil market is forecasted to reach 714.26 thousand metric tons. The market size is projected to witness steady growth with annual increments leading up to 733.69 thousand metric tons by 2028. This translates to a year-on-year growth rate of around 0.7% from 2024 to 2025, gradually climbing to 0.6% from 2027 to 2028. For context, the market stood at 709.35 thousand metric tons in 2023.
- 2024: 714.26
- 2025: 719.26
- 2026: 724.17
- 2027: 728.98
- 2028: 733.69
Future trends to watch include the potential impact of health-conscious consumer behavior on the demand for rapeseed and mustard oil, as well as market dynamics influenced by agricultural developments and international trade policies.
