Top Players in India's Mushroom Market

The mushroom market in India is growing very quickly due to increasing awareness about health, more demand for plant-based foods, and a growing variety of dishes that use mushrooms. Market leaders are taking advantage of this by coming up with new ideas, using improved farming methods, and controlling their distribution. They supply products to their own countries as well as to countries in other parts of the world. This article looks at the top names involved in shaping India’s mushroom industry.

1.  Saptarishi Agro Industries Ltd

Saptarishi Agro Industries Ltd engages in the manufacture and sale of mushrooms and other allied agro based products in India. The company offers button, shiitake, milky, and oyster mushrooms; and vegetables, including cherry tomato, broccoli, red cabbage, sweet pepper red and green, sweet pepper yellow, leek, parsley, and celery. It is also involved in trading business activities. The company was incorporated in 1992 and is based in Ahmedabad, India. Saptarishi Agro Industries Ltd is a subsidiary of Calibre Rehabs Private Limited.

2.  Himalaya Food International Ltd.

Himalaya Food International Limited, a food processing company, engages in the growing and processing of mushrooms in India and internationally. The company manufactures and exports mushroom-based products, cheese, sweets, french fries, and appetizers. It also offers IQF ready-to-eat items. The company sells its products under the Himalaya and Chef Ernesto brands. Himalaya Food International Limited was founded in 1979 and is headquartered in Paonta Sahib, India.

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3.  Flex Foods Limited

Flex Foods Limited engages in the cultivation and processing of food products in freeze-dried, air-dried, and individually quick-frozen forms in India. It offers herbs, including basil, borrage, chervil, chives coriander/cilantro, curry leaves, dill, fennel, fenugreek, garden cress, hyssop, lemon grass, lovage, marjoram, mint, oregano, parsley, pimperella, rocula, rosemary sage, savory, sorrel, thai basil, and thyme; and fruits, such as apple, banana, mango, pineapple, sapota/chikoo, strawberry, papaya, coconut, grapes, and guava. The company also provides vegetable comprising broccoli, carrot, pumpkin, spinach, spring onion, beetroot, kale, miso, baby and sweet corn, cabbage, cauliflower, french beans, garlic, ginger, green capsicum, green chilli, green peas, leek, mushroom, okra/ladies finger, potato, pumpkin, red onion, spinach, and spring and white onions; and nutraceutical products, which include chamomile, garlic, ginger, amla, and green pepper corn. In addition, it offers canned mushrooms. The company also exports its products to the United States, Europe, Australia, South Africa, and Asia. Flex Foods Limited was incorporated in 1990 and is headquartered in Noida, India.

4.  Nuvedo labs Pvt Ltd

Nuvedo began as a need to bring authenticity, quality, and reliability into the mushroom industry within India. Creating a brand focused on bringing the healing benefits of functional mushrooms to the planet and the people through products. It is also deeply committed to building a community of mushroom enthusiasts, wellness seekers, and trusted vendors in this space. A brand built by mycophiles, for mycophiles, for India, and truly made in India.                       

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5.  Dr. Kurade’s

In 1994, Dr. Sangam Kurade recognized the potential of mushrooms and spent months perfecting the skills and technology required to harvest the finest quality of mushrooms using sustainable practices. With a strong belief that mushrooms are the food of the future, the company withstood vagaries posed by nature such as floods and restructured farms across two locations in Goa, adopting the vertical farming technology. With hygiene growing conditions and stringent quality control, the company soon became the largest mushroom producer in India.

According to the UnivDatos, rising demand for plant-based protein, growth of vegetarian and vegan lifestyles, urbanization and changing food preferences, government support and subsidies, high nutritional value, short cultivation cycle & high yield, increased health & wellness drive the India Mushrooms market. As per their “India Mushrooms Market” report, the *** market was valued at USD ~613.56 million in 2024, growing at a CAGR of about 12.50% during the forecast period from 2025 - 2033 to reach USD million by 2033.

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