India Functional Mushroom Market to 2032
Overview
The India Functional Mushroom Market is expected to reach a 54.32 USD Million by 2032 and is projected to grow at a CAGR of 11.23% from 2025 to 2032.
Revenue, 2024 (USD Million)
31.52
Forecast, 2032 (USD Million)
54.32
CAGR, 2024 - 2032
11.23%
Report Coverage
India
India Functional Mushroom Market 2018-2032 USD Million
India Functional Mushroom Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 31.52 USD Million
- Projected Market Size (2032): 54.32 USD Million
- CAGR (2025-2032): 11.23%
Key Findings of India Functional Mushroom Market
- The India Functional Mushroom Market was valued at 31.52 USD Million in 2024.
- The India Functional Mushroom Market is likely to grow at a CAGR of 11.23% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Bed Cultivated in Cultivation Method Segment accounted for the largest share of the market with a revenue of 20.60 USD Million
- The fastest growing segment Pharmaceutical in Application Segment grew Fastest with a CAGR of 12.80% during the forecast period from 2024 to 2032.
India Functional Mushroom Market Scope
India Functional Mushroom Market Segmentation & Scope
Application
- Others
- Personal Care
- Sports Nutrition
- Nutraceutical
- Dietary Supplements
- Food & Beverages
- Pharmaceutical
Cultivation Method
- Log/Wood Cultivated
- Bed Cultivated
Nature
- Organic
- Conventional
Category
- Full Spectrum
- Regular
Product Type
- Wild
- Cultivated
Species
- Others
- Tremella
- Turkey Tail
- Maitake
- Cordyceps
- Lion's Mane
- Chaga
- Reishi
- Shiitake
India Functional Mushroom Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 31.52 USD Million |
| Market Value in 2032 | 54.32 USD Million |
| CAGR (2025-2032) | 11.23% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Cultivation Method ,Nature,Category,Product Type,Species |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 31.52 USD Million in 2024
- Key Country: India, leading in terms of revenue with value of 31.52 USD Million in 2024.
Segments and Scope
-
India Functional Mushroom Market to 2032, By Application
- Pharmaceutical is the largest segment in India Functional Mushroom Market to 2032 with a revenue of 8.28 USD Million in the year 2024.
- Pharmaceutical is the Fastest growing segment in India Functional Mushroom Market to 2032 with a Growth rate of 12.80 % in forecast period 2025-2032.
-
India Functional Mushroom Market to 2032, By Cultivation Method
- Bed Cultivated is the largest segment in India Functional Mushroom Market to 2032 with a revenue of 20.60 USD Million in the year 2024.
- Bed Cultivated is the Fastest growing segment in India Functional Mushroom Market to 2032 with a Growth rate of 11.51 % in forecast period 2025-2032.
-
India Functional Mushroom Market to 2032, By Nature
- Conventional is the largest segment in India Functional Mushroom Market to 2032 with a revenue of 17.73 USD Million in the year 2024.
- Conventional is the Fastest growing segment in India Functional Mushroom Market to 2032 with a Growth rate of 11.64 % in forecast period 2025-2032.
-
India Functional Mushroom Market to 2032, By Category
- Regular is the largest segment in India Functional Mushroom Market to 2032 with a revenue of 18.06 USD Million in the year 2024.
- Regular is the Fastest growing segment in India Functional Mushroom Market to 2032 with a Growth rate of 11.62 % in forecast period 2025-2032.
-
India Functional Mushroom Market to 2032, By Product Type
- Cultivated is the largest segment in India Functional Mushroom Market to 2032 with a revenue of 16.95 USD Million in the year 2024.
- Cultivated is the Fastest growing segment in India Functional Mushroom Market to 2032 with a Growth rate of 11.83 % in forecast period 2025-2032.
-
India Functional Mushroom Market to 2032, By Species
- Shiitake is the largest segment in India Functional Mushroom Market to 2032 with a revenue of 7.78 USD Million in the year 2024.
- Shiitake is the Fastest growing segment in India Functional Mushroom Market to 2032 with a Growth rate of 12.69 % in forecast period 2025-2032.
India Functional Mushroom Market Company Share Analysis
| Company Name |
|
||
| Monterey Mushrooms, LLC | |||
| Monaghan Group | |||
| YUKIGUNI MAITAKE Co.,Ltd. | |||
| Shandong Qihe Biotechnology Co., Ltd. | |||
India Functional Mushroom Market Geographical Sales Distribution, 2018-2032 USD Million
India Functional Mushroom Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Functional Mushroom Market is segmented based on Segmentation Application,Cultivation Method ,Nature,Category,Product Type,Species.
India Functional Mushroom Market was valued at USD 31.52(Revenue in USD Million) in 2020.
India Functional Mushroom Market is projected to grow at a CAGR of 11.23% during the forecast period of 2024 to 2032.
The Bed Cultivated segment is expected to dominate the India Functional Mushroom Market, holding a largest market share of 20.60 USD Million in 2024
India Functional Mushroom Market Scope
India Functional Mushroom Market Segmentation & Scope
Application
- Others
- Personal Care
- Sports Nutrition
- Nutraceutical
- Dietary Supplements
- Food & Beverages
- Pharmaceutical
Cultivation Method
- Log/Wood Cultivated
- Bed Cultivated
Nature
- Organic
- Conventional
Category
- Full Spectrum
- Regular
Product Type
- Wild
- Cultivated
Species
- Others
- Tremella
- Turkey Tail
- Maitake
- Cordyceps
- Lion's Mane
- Chaga
- Reishi
- Shiitake
Frequently Asked Questions
The India Functional Mushroom Market is segmented based on Segmentation Application,Cultivation Method ,Nature,Category,Product Type,Species.
India Functional Mushroom Market was valued at USD 31.52(Revenue in USD Million) in 2020.
India Functional Mushroom Market is projected to grow at a CAGR of 11.23% during the forecast period of 2024 to 2032.
The estimated market value of the India Functional Mushroom Market for final year is USD 54.32 (USD Million).
India Functional Mushroom Market Company Profiling
Frequently Asked Questions
The India Functional Mushroom Market is segmented based on Segmentation Application,Cultivation Method ,Nature,Category,Product Type,Species.
India Functional Mushroom Market was valued at USD 31.52(Revenue in USD Million) in 2020.
India Functional Mushroom Market is projected to grow at a CAGR of 11.23% during the forecast period of 2024 to 2032.
The estimated market value of the India Functional Mushroom Market for final year is USD 54.32 (USD Million).
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