Morchella esculenta is an important wild mushroom species found in the Indian Himalayan region. It is commonly known as yellow morel. Species has been in use since long back as favorite food item. It is being considered as one of the high proteins containing source supplemented with many medicinal properties. Due to the presence of bioactive compounds like phenols, polysaccharides, it is having anti-oxidant, anti-inflammatory and immunostimulatory and anti-cancerous properties. Moreover, the presence of more protein content or comparable to that in animals makes this species of paramount importance.