Biodegradable Cutlery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Biodegradable Cutlery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global biodegradable cutlery market size reached US$ 42.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.9 Million by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028. The increasing consciousness about harmful effects using plastic products, rising use of online food delivery applications, and the growing number of ceremonial occasions represent some of the key factors driving the market.

Biodegradable cutlery can be broken down naturally into organic materials by microorganisms, such as bacteria or fungi. It generally comprises spoons, knives, forks, straws, stirrers, and flatware that is made using all-natural materials like agricultural residues, palm leaves, bamboo, bagasse, and cornstarch-based polylactic acid (PLA) plastic. It causes minimal pollution, uses lesser energy, and produces negligible waste as compared to traditionally used plastic- and petroleum-based products. Nowadays, key players operating worldwide are offering customization solutions for biodegradable cutlery to meet the specific needs and preferences of individuals, including shape, size, and colors.

Biodegradable Cutlery Market Trends:

The increasing consciousness among the masses about the harmful effects of utilizing non-biodegradable plastic cutlery and rising consumer preference for natural and organic products represent one of the major factors driving the demand for biodegradable cutlery around the world. Moreover, due to the growing environmental concerns, stringent regulations are imposed by governments of numerous countries to minimize carbon emissions. This, along with the surging awareness about the benefits of adopting the use of biodegradable cutlery, is favoring the growth of the market. In addition, the growing consumption of processed and ready-to-eat (RTE) food products and the increasing use of online food delivery applications due to busy lifestyles and expanding purchasing power of individuals are influencing the market positively. Apart from this, the rising adoption of biodegradable cutlery in cafes, bakeries, quick service restaurants (QSRs), fast food chains, and restaurants is contributing to the market growth. Furthermore, the increasing number of ceremonial occasions, such as birthdays, weddings, and anniversaries, is catalyzing the demand for biodegradable cutlery worldwide. Besides this, product manufacturers are focusing on different marketing strategies like celebrity endorsements and social media campaigns, to increase their overall sales. Additionally, the growing number of hypermarkets, supermarkets, convenience stores, and grocery stores is offering an easy accessibility to biodegradable cutlery. This, coupled with the rising number of online shopping websites that provide a wider collection of biodegradable cutlery in innovative colors, designs, and styles supported by doorstep delivery and various payment methods, is creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global biodegradable cutlery market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, raw material, type, application and distribution channel.

Product Insights:

Spoon
Fork
Knife
Others

The report has provided a detailed breakup and analysis of the biodegradable cutlery market based on the product. This includes spoon, fork, knife, and others. According to the report, spoon represented the largest segment.

Raw Material Insights:

Wood
Husk
Paper
Plastic
Others

A detailed breakup and analysis of the biodegradable cutlery market based on the raw material has also been provided in the report. This includes wood, husk, paper, plastic, and others. According to the report, plastic accounted for the largest market share.

Type Insights:

PLA
CPLA
Starch Blends

The report has provided a detailed breakup and analysis of the biodegradable cutlery market based on the type. This includes PLA, CPLA, and starch blends. According to the report, PLA represented the largest segment.

Application Insights:

Hotel
Catering
Others

A detailed breakup and analysis of the biodegradable cutlery market based on the application has also been provided in the report. This includes hotel, catering, and others.

Distribution Channel Insights:

Online
Offline

The report has provided a detailed breakup and analysis of the biodegradable cutlery market based on the distribution channel. This includes online and offline. According to the report, offline represented the largest segment.

Regional Insights:

North America

United States
Canada

Asia Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for biodegradable cutlery. Some of the factors driving the Europe biodegradable cutlery market included increasing preferences for environment-friendly tableware, product innovations, government initiatives, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global biodegradable cutlery market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include BioGreenChoice Corp., Bionatic GmbH & Co. KG, Biotrem, Eco Guardian, Eco-Products Inc., Huhtamäki Oyj, NatureHouse Green Products Inc., Vegware, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

How has the global biodegradable cutlery market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global biodegradable cutlery market?
What is the impact of each driver, restraint, and opportunity on the global biodegradable cutlery market?
What are the key regional markets?
Which countries represent the most attractive biodegradable cutlery market?
What is the breakup of the market based on the product?
Which is the most attractive product in the biodegradable cutlery market?
What is the breakup of the market based on the raw material?
Which is the most attractive raw material in the biodegradable cutlery market?
What is the breakup of the market based on the type?
Which is the most attractive type in the biodegradable cutlery market?
What is the breakup of the market based on the application?
Which is the most attractive application in the biodegradable cutlery market?
What is the breakup of the market based on the distribution channel?
Which is the most attractive distribution channel in the biodegradable cutlery market?
What is the competitive structure of the global biodegradable cutlery market?
Who are the key players/companies in the global biodegradable cutlery market?