It is rich in protein, flavonoids, lipid, fiber, carbohydrate and vitamin and incorporates an ample amount of essential amino acid and low fat product. It is rich source of thiamine, riboflavin, nicotinic acid, pyridoxine, biotin, and ascorbic acid. It has become the third commercially grown mushroom in India after button and oyster mushrooms.
The research findings demonstrated that the administration of lyophilized and oven-dried extract of Calocybe indica (Milky White Mushroom) provide effective protection against oxidative damage in liver and kidney STZ-induced diabetic rats. The results suggest that polyphenol compound present in extract improve the physiology of rats affected by diabetes. These polyphenol attributed to normalise the blood glucose, also improve the structural integrity of the kidney, liver and pancreas unlike hypoglycemic agent like Glibenclamide.