The present disclosure relates to an image processing apparatus and an image processing method capable of changing an imaging method of an image by using a depth image in a pseudo manner. A pseudo image generation unit generates, as a pseudo image, a predicted value of a captured image of a subject captured by a predetermined imaging method from an image on the basis of a value of a parameter determined in accordance with a characteristic of the image, and a depth image indicating a position of the subject in the input image in a depth direction. The present disclosure is applicable to an image processing apparatus which generates a pseudo image corresponding to a predicted value of a captured image of a subject captured by a predetermined imaging method from an input image, for example.