Product Code: ETC383124 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Mushroom Cultivation Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 7.62% in 2025, the growth rate steadily ascends to 11.01% in 2029.
The mushroom cultivation market in India is estimated to be valued at INR 46,400 crore (US$ 6.3 billion) and is projected to reach INR 78,800 crore (US$ 10.7 billion) with a CAGR of 11.2%, during the forecast period. The major growth drivers for this market are increasing demand for mushrooms due to their rich nutritional value and health benefits, rising awareness among consumers regarding organic food consumption; and growing prevalence of ready-to-eat products such as pizza toppings containing mushrooms available across retail stores and online platforms. Moreover, government initiatives related to the development of horticultural crops are also contributing to the growth of this industry in India.
The India mushroom cultivation market has experienced rapid expansion, primarily driven by the growing awareness of the health benefits and nutritional value of mushrooms. As consumers seek healthier food alternatives, the demand for mushrooms has soared. Additionally, the agricultural sector`s increasing focus on diversification and sustainable farming practices has led to a rise in mushroom cultivation as a viable and profitable option for farmers.
The India mushroom cultivation market confronts challenges such as the need for advanced farming techniques and technologies. Proper infrastructure and access to quality spawn and substrates are essential for boosting mushroom production.
The mushroom cultivation market experienced disruptions in supply and distribution during the lockdowns, affecting both domestic consumption and export opportunities. However, with increasing awareness of the health benefits of mushrooms, the market showed signs of recovery as restrictions eased.
As mushrooms gain popularity as a nutritious food source, the India mushroom cultivation market has flourished. Key players in this market include Himalayan Mushroom, Modern Mushroom Farms, Soma Mushrooms and Biotech, and Choice Agro Industries.