Edible Cutlery Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends|Lollicup USA Inc., Bakeys Foods Private Limited, BIOTREM Sp. z o.o., CrunchCutlery, EARTHENS Pty Ltd.

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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:

  1. Executive Summary
  2.       Edible Cutlery Market   Characteristics
  3.       Edible Cutlery Market   Trends And Strategies
  4.       Edible Cutlery Market   – Macro Economic Scenario
  5. Global       Edible Cutlery Market   Size and Growth

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  1. Global       Edible Cutlery Market   Competitive Benchmarking
  2. Global       Edible Cutlery Market   Competitive Dashboard
  3. Key Mergers And Acquisitions In       Edible Cutlery Market
  4.       Edible Cutlery Market   Future Outlook and Potential Analysis
  5. Appendix

 

Top Major Players :

  • Lollicup USA Inc.
  • Bakeys Foods Private Limited
  • BIOTREM Sp. z o.o.
  • CrunchCutlery
  • EARTHENS Pty Ltd.

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