Unlocking prosperity: economic potential of Cordyceps mushroom cultivation as a promising agri-enterprise in India

Modern agribusiness in India is beholding a major shift, driven by the need to address nutritional security, mitigate the risks of traditional agriculture, and provide viable opportunities for resource-constrained farmers. Cordyceps mushroom, also known as “soft gold”, renowned for its exceptional medicinal and nutraceutical properties, offers immense potential as a lucrative enterprise in the country. It is important to analyse the economics of Cordyceps mushroom to boost its adoption among next-gen mushroom growers. Present paper helps in effective financial planning and provides acumens into the minimum viable scale required to establish a successful Cordyceps mushroom enterprise. The return over variable cost (ROVC) for small, medium, and large growers was Rs. 12000, Rs. 16000, and Rs. 22000 per Kg per crop cycle of Cordyceps mushroom. The BC Ratio is viable only for medium and larger units opposed to small units. The Break Even Point (BEP) for small, medium, and large units above which they should produce to earn positive returns were 7 kg, 15 Kg, and 12 Kg per cycle, respectively.

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Publication Details

Journal
Mushroom Research
Published
2024-12-31
DOI
https://doi.org/10.36036/mr.33.2.2024.162555
Primary Topic
Fungal Biology and Applications
Type
article
Field-Weighted Citation Impact
0.00
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Unlocking prosperity: economic potential of Cordyceps mushroom cultivation as a promising agri-enterprise in India

Shweta Bijla, Sharma Vp, Satish Kumar
Mushroom Research
Fungal Biology and Applications
article

Unlocking prosperity: economic potential of Cordyceps mushroom cultivation as a promising agri-enterprise in India

Shweta Bijla, Sharma Vp, Satish Kumar
article en

Abstract

Modern agribusiness in India is beholding a major shift, driven by the need to address nutritional security, mitigate the risks of traditional agriculture, and provide viable opportunities for resource-constrained farmers. Cordyceps mushroom, also known as “soft gold”, renowned for its exceptional medicinal and nutraceutical properties, offers immense potential as a lucrative enterprise in the country. It is important to analyse the economics of Cordyceps mushroom to boost its adoption among next-gen mushroom growers. Present paper helps in effective financial planning and provides acumens into the minimum viable scale required to establish a successful Cordyceps mushroom enterprise. The return over variable cost (ROVC) for small, medium, and large growers was Rs. 12000, Rs. 16000, and Rs. 22000 per Kg per crop cycle of Cordyceps mushroom. The BC Ratio is viable only for medium and larger units opposed to small units. The Break Even Point (BEP) for small, medium, and large units above which they should produce to earn positive returns were 7 kg, 15 Kg, and 12 Kg per cycle, respectively.

Mushroom ResearchVol. 33(2)
Indian Council of Agricultural Research (IN)
Decent work and economic growth
Openalex Percentile: Top 75%
Fungal Biology and Applications
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Unlocking prosperity: economic potential of Cordyceps mushroom cultivation as a promising agri-enterprise in India — Shweta Bijla, Sharma Vp, et al. · Mushroom Research (2024) | TGRS Research Map | TGRS