The India mushroom market size reached US$ 258.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 466.8 Million by 2032, exhibiting a growth rate (CAGR) of 6.78% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 258.6 Million |
Market Forecast in 2032
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US$ 466.8 Million |
Market Growth Rate (2024-2032) | 6.78% |
Mushroom refers to a fleshy and nutrient-rich fruiting body of specific macro-fungi groups that can be hand-picked and grown either above or below the ground. Edible mushrooms are typically produced in a controlled environment with appropriate humidity, nutrients, soil pH levels, light, ventilation, air pressure, etc. Some of the commonly available varieties are shitake, button, oyster, paddy, milky, reishi, etc. Edible mushrooms are an abundant source of potassium, Vitamin D, riboflavin, selenium, etc., and are proven to be highly beneficial in managing weight, building immunity, and reducing the risks of various chronic diseases.
The growing consumer health consciousness coupled with the escalating need for nutrient-rich and cholesterol-free food products is primarily driving the India mushroom market. Furthermore, the emerging trend of veganism and the widespread adoption of mushrooms as a substitute for meat on account of their rich umami taste are also propelling the market growth in the country. Besides this, the increasing utilization of mushrooms in dietary supplements as they contain a rich amount of fiber and digestive enzymes that promote gut and immunological health is catalyzing the product demand. Moreover, the elevating requirement for processed mushroom variants, especially across western countries, is generating numerous export opportunities for India, thereby creating a positive outlook for the regional market. Apart from this, continuous advancements in mushroom packaging technologies, such as the development of humidity-regulating packaging materials that prevent water condensation on mushrooms to extend their shelf-life, are also augmenting the market growth. Furthermore, the rising usage of mushrooms by the pharmaceutical industry for the treatment of several diseases, such as hypercholesterolemia and hypertension, is acting as another growth-inducing factor. In addition to this, significant investments in smart automation technologies for mushroom production to enhance the yield and decrease expenses are expected to fuel the India mushroom market over the forecast period.
IMARC Group provides an analysis of the key trends in each sub-segment of the India mushroom market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on mushroom type, form, distribution channel and end use.
Breakup by Mushroom Type:
Breakup by Form:
Breakup by Distribution Channel:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Segment Coverage | Mushroom Type, Form, Distribution Channel, End Use, Region |
Region Covered | North India, West and Central India, South India, East India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
We expect the India mushroom market to exhibit a CAGR of 6.78% during 2024-2032.
The emerging trend of veganism, along with the growing demand for mushrooms, as they aid in managing weight, building immunity, reducing the risks of various chronic diseases, etc., is primarily driving the India mushroom market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of mushrooms across the nation.
Based on the mushroom type, the India mushroom market has been divided into button mushroom, shiitake mushroom, oyster mushroom, and others. Among these, button mushroom currently exhibits a clear dominance in the market.
Based on the form, the India mushroom market can be categorized into fresh mushroom, canned mushroom, dried mushroom, and others. Currently, fresh mushroom accounts for the majority of the total market share.
Based on the distribution channel, the India mushroom market has been segregated into supermarkets and hypermarkets, grocery stores, online stores, and others. Among these, supermarkets and hypermarkets currently exhibit a clear dominance in the market.
Based on the end use, the India mushroom market can be bifurcated into food processing industry, food service sector, direct consumption, and others. Currently, direct consumption holds the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India.