Mushrooms and truffles market in India

Earlier Report Observations

India's fresh or chilled mushroom and truffle market volume expanded from 134 thousand tonnes in 2018 to 314 thousand tonnes in 2023, a growth largely fueled by shifting consumer preferences towards healthy eating. Starting in 2019, increased awareness of health benefits and rising demand for organic and vegetarian products stimulated consumption. This trend continued through 2020 and 2023, as mushrooms gained popularity as a protein-rich superfood, especially among fitness enthusiasts.

Government initiatives and training programs highlighted in 2021 helped improve production quality and market readiness for entrepreneurs, supporting supply expansion. Additionally, the emergence of new distribution channels such as e-commerce and food delivery platforms in 2022 facilitated market access, particularly in urban areas, boosting sales volumes.

Product diversification, including the introduction of new varieties like shiitake, oyster, and medicinal mushrooms from 2019 onwards into 2023, attracted new consumers and created additional market segments. Simultaneously, the expansion of export markets for dried and processed mushrooms noted in 2022 provided further growth avenues, though domestic demand remained the key driver.

Production mushrooms and truffles in India

In kind, 2017-2020, K t

From 2017 to 2020, India ranked seventh globally in the production of mushrooms and truffles.

Top producers of mushrooms and truffles, 2017-2020

World map of production of mushrooms and truffles, 2017-2020

India's production of mushrooms and truffles grew for the third consecutive year. In 2020, the country produced 211.0 thousand tons, marking a 15.9% increase from the previous year. Between 2017 and 2020, production surged by 106.8%, which translates to an annualized growth rate of 27.4%.

Annual dynamics of production in India in kind, 2017-2020, K t

Exports mushrooms and truffles from India

Exports in kind, t

The export market for mushrooms and truffles from India showed significant volatility during this period. Exports reached their lowest point in 2018 at 389 tons and peaked in 2019 at 1 446 tons, representing a 3.7-fold increase between these years. In 2020, exports dropped to 568 tons, a 60.7% decline from 2019. The largest annual increase occurred in 2019, with a jump of 272.1%.

Annual dynamics of product's exports from India in kind, 2017-2020, t

From 2017 to 2020, Nepal was the primary buyer of mushrooms and truffles from India, accounting for 76.8% of total exports in volume. Other trading partners held relatively small shares during this time.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from India in kind, 2017-2020

Exports in value, K $ US

In 2020, India exported mushrooms and truffles worth 837.2 thousand US dollars, a moderate decline of 3.3% from the previous year. Between 2017 and 2020, export value increased by 9.6%, with an annualized growth rate of 3.1%. The lowest value was recorded in 2018 at 754.3 thousand US dollars, while the highest was in 2019 at 865.8 thousand US dollars. The largest annual increase occurred in 2019, with a rise of 14.8%.

Annual dynamics of product's exports from India in value, 2017-2020, K $ US

From 2017 to 2020, the main markets for India's mushroom and truffle exports in value terms were Germany (28.4% of exports), Nepal (21.7%), and Austria (14.5%). Together, these three countries accounted for 64.7% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from India in value, 2017-2020

Imports mushrooms and truffles to India

Imports in kind, t

In 2020, India imported 14 tons of mushrooms and truffles, showing little change from 2019. Over the period from 2018 to 2020, imports surged by 9 206%, with a compound annual growth rate (CAGR) of 353.2%.

Annual dynamics of product's imports to India in kind, 2017-2020, t

From 2017 to 2020, the import market for mushrooms and truffles in India was highly concentrated, with Thailand responsible for 100.0% of total imports in volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to India in kind, 2017-2020

Imports in value, K $ US

In 2020, India imported mushrooms and truffles worth a total that showed no significant change from the previous year. From 2018 to 2020, import value increased by 12 776%, with a compound annual growth rate (CAGR) of 405.0%.

Annual dynamics of product's imports to India in value, 2017-2020, K $ US

From 2017 to 2020, Thailand dominated the import market for mushrooms and truffles in India in value terms, holding a 100.0% share of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to India in value, 2017-2020