India Mushroom Market Size & Outlook, 2023-2030
India mushroom market, 2018-2030 (US$M)
Related Markets
India mushroom market highlights
- The India mushroom market generated a revenue of USD 1,176.6 million in 2023 and is expected to reach USD 2,722.6 million by 2030.
- The India market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
- In terms of segment, shiitake was the largest revenue generating product in 2023.
- Oyster is the most lucrative product segment registering the fastest growth during the forecast period.
Mushroom market data book summary
| Market revenue in 2023 | USD 1,176.6 million |
| Market revenue in 2030 | USD 2,722.6 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Shiitake |
| Fastest growing segment | Oyster |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Button, Shiitake, Oyster, Matsutake, Truffles |
| Key market players worldwide | Ryze, Mushroom Cups, Real Mushrooms, Four Sigmatic, Laird Superfood Inc Ordinary Shares, Rheal, Om Mushroom Superfood, NeuRoast, DIRTEA, Bonduelle, Costa Group |
Other key industry trends
- In terms of revenue, India accounted for 2.0% of the global mushroom market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mushroom market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,722.6 million by 2030.
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Mushroom Market Scope
Mushroom Market Companies
| Name | Profile | # Employees | HQ | Website |
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India mushroom market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mushroom market will help companies and investors design strategic landscapes.
Shiitake was the largest segment with a revenue share of 32.37% in 2023. Horizon Databook has segmented the India mushroom market based on button, shiitake, oyster, matsutake, truffles covering the revenue growth of each sub-segment from 2018 to 2030.
India is one of the leading cultivators of mushrooms with annual production volume exceeding 487 thousand tons, accounting for 2% of the global production as of 2020. The increasing popularity of mushroom cultivation among the farmers owing to higher profitability and higher export opportunities is expected to drive the mushroom market in India. In August 2015, the U.S government extended the antidumping duty on preserved mushrooms in India by five years, which also impacted exports from India.
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Target buyers of India mushroom market databook
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Our clientele includes a mix of mushroom market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India mushroom market , including forecasts for subscribers. This country databook contains high-level insights into India mushroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India mushroom market size, by product, 2018-2030 (US$M)
India Mushroom Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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