Value-added mushroom based savory cream development was carried out using button mushroom (Agaricus bisporus), white pepper powder, garlic, red onions, corn flour, pasteurized cow milk, salt and palm oil as raw materials along with soya lecithin and sodium metabisulphite as an emulsifying and preservation agent respectively. The product formulation was completed according to Taguchi’s L8 experimental design and best treatment combination was selected sensorially using a 5-point hedonic scale. The data obtained from all the tests were analyzed by resorting Minitab’19 statistical software package. Sensorially best treatment combination was subjected to determine the physical, chemical and functional properties while parallelly assessing the shelf life using standard protocols of AOAC 2016. Results obtained from the final product was recorded as (79.33 ± 0.14)% moisture, (8.88 ± 0.08)% total fat, (4.25 ± 0.02)% total ash, (2.04 ± 0.04)% crude protein, (2.57 ± 0.31)% crude fiber, (27.00 ± 0.28)% total carbohydrates and (1.72 ± 0.07)% salt respectively. While calory value of the developed product was 533.9 kcal/100 g as per the serving, it could be kept in the shelf for more than 4 months without disturbing to the sensorial properties. The research product innovated will be a nutritious value-added food, based on button mushrooms (A. bisporus) catering the fast-food requirement, satisfying the consumer delicacy.