Search for reishi mushroom price in India and the numbers make no sense. One listing wants Rs 300 for a bottle of ganoderma capsules. Another wants ten times that for a small jar of reishi extract. Both say Ganoderma lucidum on the front. Both may say lingzhi, or red reishi, or "mushroom of immortality", the old cultural name. The gap is a real difference in what is inside the jar. Four different things are sold under that name, and once you know which one you are looking at, a ganoderma mushroom price becomes something you can compare with a bit of arithmetic.
The four things sold as "reishi" in India
Reishi is the common name for Ganoderma lucidum, a hard, glossy, red-brown shelf fungus that grows on hardwood. It is woody and bitter, so almost everything sold under its name has been processed in some way. Four forms turn up in Indian listings.
Whole dried slices. The fruiting body, cut and dried. This is the raw material for everything else, and on its own it is simmered into a tea. It is the lowest-priced form per gram, because nothing has been done to it.
Ground powder. The same dried fruiting body, milled fine. Nothing has been extracted. The hard cell walls are still intact, with the compounds locked inside them. It costs a little more than slices.
Mycelium-on-grain powder. The form most people do not know they are buying. Mycelium is the root-like network of the fungus. It is grown on cooked rice or oats, then the whole block, grain included, is dried and ground. The powder is mostly grain starch, with no fruiting body in it. It usually ends up in capsules.
Fruiting-body extract. Dried fruiting body is cooked in hot water, and often again in alcohol, so the compounds inside the cell walls come out into the liquid, which is dried back to a powder. Many kilograms of mushroom go in, one comes out. This is the form that comes with a marker such as triterpenes or polysaccharides measured and printed on a certificate.
The label word "reishi" covers all four. The price does not.
Price ranges by form
These are broad, rounded ranges from typical online listings in September 2026, across the large marketplaces and a few direct-to-consumer brands. A serving is taken as about one gram, or two to three capsules.
| Form | Per 100 g | Per serving | What the certificate shows |
|---|---|---|---|
| Whole dried slices | Rs 400 to Rs 1,500 | Rs 5 to Rs 15 | Species identity only |
| Ground powder | Rs 500 to Rs 2,000 | Rs 5 to Rs 20 | Species identity only |
| Mycelium-on-grain powder (often capsules) | Rs 300 to Rs 1,200 | Rs 5 to Rs 20 | Markers rarely disclosed |
| Fruiting-body extract with a certificate | Rs 2,000 to Rs 6,000 | Rs 20 to Rs 60 | Triterpenes, polysaccharides, per batch |
| Alchemy Dose Reishi Extract, 15:1 | See today's price on the product page | Triterpenes 6.13 percent, polysaccharides 25.11 percent, lab-tested per batch in India | |

Slices, powder and mycelium-on-grain all sit in the same low band. A real extract sits four to ten times higher. The sibling post on cordyceps militaris price in India shows the same pattern for a different species.
Why a 15:1 extract costs more
The ratio on an extract label is an input ratio. 15:1 means fifteen kilograms of dried fruiting body were used to make one kilogram of finished extract. One gram of a 15:1 extract began life as fifteen grams of dried reishi, so the raw material alone costs fifteen times what a gram of powder does.
Then there is the processing. A tested reishi extract is dual-extracted. The first cook is in hot water, which pulls out the polysaccharides. The second is in alcohol, which pulls out the triterpenes, the bitter compounds that do not dissolve in water. Both liquids are combined and dried down. Each step costs equipment, time, electricity and a lab test. The compounds are explained on our triterpenoids page, and the label side of the ratio in the three-names post.

A ratio only says how much mushroom went in, not how much of any compound came out. A 15:1 made from poor slices can test lower than a 10:1 made from good ones. The marker percentage on the certificate settles it, not the ratio on the front.
What "red reishi" means on a label
Red reishi is Ganoderma lucidum, the same species as plain reishi and the same as the lingzhi on an imported pack. It is not a premium variety. If "red reishi extract" is priced above "reishi extract" with no difference in ratio or certificate, you are paying for the colour word. The three-names post answers this in its FAQ.
Why a Rs 300 ganoderma capsule can exist
A bottle of sixty ganoderma capsules for the price of a coffee is usually one of three things.
The most common is mycelium grown on grain, dried whole and ground. The bulk of each capsule is rice or oat starch. Grain is cheap, and the process takes weeks rather than the months a fruiting body needs to grow on wood.
The second is plain fruiting-body powder. Real mushroom, with nothing pulled out of the cell walls. Inside a capsule it looks exactly like the expensive product.
The third is an extract with no assay. "Extract" is on the label, but there is no certificate with a triterpene or polysaccharide figure, no ratio and no batch number, so nobody can say how much mushroom went in.
None of this is illegal. Powder and mycelium are real products. The problem starts when they are priced and described as a tested extract. If ratio, marker percentage and batch number are all missing, treat it as powder, whatever the front says.
- A 15:1 extract uses fifteen times the raw mushroom of the same weight of powder.
- In practice only extracts come with triterpenes and polysaccharides measured and printed.
- Mycelium-on-grain powder is mostly grain starch.
- The lowest and highest priced jars can both say Ganoderma lucidum and both be truthful.
- That a higher price or ratio means a product does anything for you. The number describes the jar, not the reader.
- That any reishi form, at any price, has a health effect. Reishi is sold as a food. What tradition recorded and what studies measured is in our reishi research post.
- That "red reishi" is a superior species. It is the same species.
The price logic nobody publishes: rupees per marker
Price per 100 g puts powder and extract on the same line, which makes it almost useless. The fairer number is rupees per serving divided by the marker the seller discloses. If a certificate says triterpenes 6.13 percent, one gram of that extract holds 61.3 mg of triterpenes. Divide the serving price by 61.3 and you have the cost of one milligram. Do the same for polysaccharides at 25.11 percent, which is 251.1 mg per gram.
The table uses those two figures because they are printed on the current Alchemy Dose reishi extract certificate. The serving price is a round example, not our price; put in any real price and the method is the same.
| Product | Price per 1 g serving | Marker disclosed | Rupees per mg of marker |
|---|---|---|---|
| Ground powder | Rs 8 (example) | None | Cannot be calculated |
| Mycelium-on-grain capsules | Rs 10 (example) | None | Cannot be calculated |
| Fruiting-body extract, triterpenes 6.13 percent | Rs 30 (example) | 61.3 mg triterpenes | About Rs 0.49 |
| Same extract, polysaccharides 25.11 percent | Rs 30 (example) | 251.1 mg polysaccharides | About Rs 0.12 |
The point is the two rows that say "cannot be calculated". A product with no disclosed marker has no price per marker. It might be a bargain, or it might be starch, and the seller has not given you the one number that would tell you which. Between two tested extracts, the rupees-per-milligram figure is the comparison that matters.
Why Alchemy Dose
Our reishi is a dual extract at 15:1, from the fruiting body only, with no mycelium and no grain. The current certificate of analysis reports triterpenes at 6.13 percent and polysaccharides at 25.11 percent, and every batch is lab-tested in India. Today's price is on the product page, and the wider range is in the ganoderma reishi collection. We would rather you did the rupees-per-marker maths on our jar than take the ratio on faith.
Frequently Asked Questions
Ganoderma mushroom price in India per kg?
In typical online listings for September 2026, whole dried ganoderma slices run roughly Rs 4,000 to Rs 15,000 per kilogram, and ground fruiting-body powder roughly Rs 5,000 to Rs 20,000 per kilogram. A tested fruiting-body extract is a different product at Rs 20,000 to Rs 60,000 per kilogram, because at 15:1 fifteen kilograms of mushroom go into each kilogram of extract.
Is reishi extract worth the price over reishi powder?
They are different products. Powder is whole dried mushroom with its cell walls intact and no measured compounds. Extract has been cooked in water and alcohol so the triterpenes and polysaccharides come out and can be tested per batch, and it costs more because it uses far more raw mushroom. Which one is worth paying for depends on whether you want a measured marker or a tea ingredient.
How much does reishi extract cost per serving in India?
A tested fruiting-body reishi extract typically works out to about Rs 20 to Rs 60 per one-gram serving in September 2026 online listings, depending on ratio and brand. Powders and mycelium-on-grain capsules sit closer to Rs 5 to Rs 20 per serving. For our own extract, the live price is on the product page; divide it by the serving count on the label.
Where to buy reishi mushroom in India?
Reishi is sold on the large online marketplaces, pharmacy portals, and direct from brands. Wherever you buy, ask for the extract ratio, the marker percentage for triterpenes or polysaccharides, and a batch number that matches a certificate of analysis. Alchemy Dose sells a 15:1 fruiting-body reishi extract with a per-batch certificate.
Is ganoderma and reishi the same thing?
Yes. Ganoderma lucidum is the scientific name, reishi is the common name, and lingzhi is the name used in older texts and on imported packs. Red reishi is also the same species. All four words describe one fungus. Price differences between products carrying these names come from the form (powder, mycelium or extract), not from the name on the front.