Mushrooms demonstrate a great impact on agriculture and the environment, and they have great potential for generating a great socio-economic impact in human welfare on local, national, and global levels. The various types of the mushrooms have different properties. By consuming it, gained nutraceuticals as therapeutic agents against various human health issues, such as cancer, diabetes, neurological and cardio vascular diseases. There are two types of mushrooms were edible world-wide for consumption whereas other classified mushrooms were poisonous used for manufacturing a poison and some other pharmacological product to treat the various diseases and they are highly ecological and economical in nature to degrade unwanted materials to soil and tressure to a human health as nutraceutical or pharmacological agents.