The edible cutlery market size is expected to see rapid growth in the next few years. It will grow to $64.27 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to growing popularity of edible cutlery among consumers, plastic bans, rise in takeout and food delivery, global expansion. Major trends in the forecast period include innovative customization, health and nutrition focus, biodegradable packaging, collaborations and partnerships.
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Segmentation & Regional Insights
The edible cutlery market covered in this report is segmented –
1) By Product: Spoon; Fork; Knife; Spork; Other Products
2) By Material Type: Wheat Bran; Rice Bran; Sorghum; Corn; Millet; Other Materials
3) By End-Use: Food Service Outlets; Hotels; Restaurants And Cafes; Quick Service Restaurants; Institutional Food Service; Cinema; Airline And Railway Catering; Schools And Offices; Hospitals; Household Use
North America was the largest region in the edible cutlery market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in edible cutlery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Rising demand for biodegradable and compostable products is expected to propel the growth of the edible cutlery market going forward. Biodegradable and compostable products are terms used to describe materials that can break down naturally and return to the environment without causing harm or leaving behind persistent waste. Edible cutlery is made from natural materials such as biodegradable and compostable materials that microorganisms can quickly decompose, making it a more sustainable alternative to plastic cutlery. For instance, in January 2023, according to Protega Global Ltd., a UK-based eco-friendly packaging solution and manufacturing company, consumer demand for sustainable packaging increased to 81% as of January 2023. Further, 64% more consumers are inclined to purchase from merchants who use eco-friendly packaging, while 50% of people are willing to pay more for environmentally friendly packaging and delivery. Therefore, the rising demand for biodegradable and compostable products is driving the growth of the edible cutlery market.
Key Industry Players
Major players in the edible cutlery market are Lollicup USA Inc., Bakeys Foods Private Limited, BIOTREM Sp. z o.o., CrunchCutlery, EARTHENS Pty Ltd., Eco Design Thinking, Eco Soulife USA LLC, Edibles by Jack, Incredible Eats Inc., PetKind Inc., Planeteer LLC, Ryp Labs Inc., TwentyFiftyFork, BiteSavor Inc., Candy Cutlery, CrunchyCraft Inc., Cutlery Craze, Daily Nutreats Private Limited, Eco Save Earth, Ecolicieux Inc., EcoNourish Organics Inc., Edible Innovations LLC., FlavorForks Inc., Mede Cutlery Inc., NibbleNosh Inc., Noshable Inc., SpudWare, TerraTaste Inc., UniCrave Technologies, Unreasonable Group Inc.
The edible cutlery market report table of contents includes:
- Executive Summary
- Edible Cutlery Market Characteristics
- Edible Cutlery Market Trends And Strategies
- Edible Cutlery Market - Macro Economic Scenario
- Global Edible Cutlery Market Size and Growth
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- Global Edible Cutlery Market Competitive Benchmarking
- Global Edible Cutlery Market Competitive Dashboard
- Key Mergers And Acquisitions In Edible Cutlery Market
- Edible Cutlery Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Lollicup USA Inc.
- Bakeys Foods Private Limited
- BIOTREM Sp. z o.o.
- CrunchCutlery
- EARTHENS Pty Ltd.
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Increasing usage of edible cutleries in restaurants, households, and airlines as a substitute for plastic is expected to witness positive impact on market growth.
In recent years regulatory bodies have applied several regulations to reduce carbon footprints.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-edible-cutlery-market/request-sample Market Synopsis of Edible Cutlery Market: The manufacturers are using various flavors ingredients such as berries, vegetables, and fruits in edible cutleries to make them nutritional and to enhance the taste.
The common ingredients for flavors include carrot, strawberries, chokeberries, pumpkins, blueberries, and green beans.
For example, in 2018, Gajamukha Foods introduced consumable edible cutleries under the Edible Pro brand name.
North America held the largest market share of over 35.0%, in 2018.
As per the research conducted by KD Market insights, the report titled Edible Cutlery: Market Size, Trends & Opportunity Outlook – Forecast to 2025” provides current as well as future analysis of the market by evaluating the major applications, advantages, trends, and challenges.
The report dives deeper to produce useful insights into Smart Packaging Market such as major global regions and key competitors and strategies that can be used for the entry-level player too.The report helps to understand the market scenario and accordingly strategize for business expansion.
It offers insights into possible growth strategies adopted by the marketing channel, offering in-depth analysis for potential entrants or existing rivals in the Edible Cutlery market.
The Covid-19 outbreak affects most industries in the world.
We give you comprehensive data of the relevant industry here at KD Market Insights Report that will aid and support your firm in all possible ways.Access Sample Report of “Edible Cutlery Market” – https://www.kdmarketinsights.com/sample/6511Report Coverage:Overview of global Edible Cutlery Market and the estimated market size of Edible Cutlery between 2020 and 2025Market segmentation analysisMarket fundamentals and structureValue chain analysis of Edible CutlerySignificant growth drivers and threats that impact the marketCompetitive dynamics study and comprehensive profiles of significant public and private players.Edible Cutlery Market Segmentation:The report covers segmentation analysis of Edible Cutlery Market for better understanding and provides in-depth information on market outlook.
Important segments have been developed and analyzed to facilitate sound business decisions.
