Press release
Edible Cutlery Market 2022 | Worth US$ 49.3 Million by 2027 | CAGR 9.12% | Bolstered by Expanding Food and Beverage Industry
Market Overview:The latest report by IMARC Group, titled "Edible Cutlery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global edible cutlery market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global edible cutlery market reached a value of US$ 29.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 49.3 Million by 2027, exhibiting a CAGR of 9.12% during 2022-2027. Edible cutleries represent the consumable tableware that is utilized as a sustainable and environment-friendly substitute for plastic utensils. Some commonly available edible cutlery includes spoons, forks, knives, sporks, straws, plates, bowls, glasses, etc. They are manufactured using safe-to-eat plant-based materials, such as rice, wheat, corn, sorghum, etc. The plates and bowls are usually produced using large cabbage and banana leaves for enhanced durability. Edible cutlery is also enriched with numerous essential nutrients, including fiber, protein, calcium, iron, etc., and is available in a wide variety of sweet and savory flavors, such as chocolate, strawberry, vanilla, sweet chilly, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/edible-cutlery-market/requestsample
Important Attribute and highlights of the Report:
• Detailed analysis of the global market share
• Market Segmentation
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape
• Strategies of major players and product offerings
Market Trends and Drivers:
The expanding food and beverage industry is primarily driving the global edible cutleries market. Furthermore, the increasing environmental consciousness among the masses is propelling market growth. Besides this, several product innovations, such as the development of edible cutlery with natural and organic multigrain flours fortified with additional flavors and nutrients, are acting as other growth-inducing factors. Moreover, numerous key manufacturers are launching sugar- and gluten-free variants to cater to the requirements of health-conscious consumers, which is also catalyzing the product demand. Additionally, the growing adoption of vegan dietary habits and the implementation of favorable government policies promoting sustainable products will continue to propel the edible cutleries market over the forecasted period.
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/edible-cutlery-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Biotrem Sp. z o.o.
• BrightVibes B.V.
• EdiblePRO
• Edibles by Jack
• Founcy
• FRENVI
• GreenHome
• IPPINKA
• KDD (India) Private Limited
• KOOVEE
• Mede Cutlery Company
• Wisefood
Breakup by Product:
• Spoon
• Fork
• Knife
• Spork
• Others
Breakup by Raw Material:
• Corn
• Wheat Bran
• Rice Bran
• Others
Breakup by Flavor:
• Plain
• Sweet
• Spicy
Breakup by Application:
• Household
• Commercial
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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