Press release
Edible Cutlery Market Insights, Competitive Analysis, Latest Trends, And Forecast To 2033
The edible cutlery market size has grown rapidly in recent years. It will grow from $36.65 billion in 2023 to $41.34 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to growing environmental concerns, growing food and beverage industry, rising concerns about plastic waste and pollution.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.
Market Overview -
Edible cutlery refers to utensils made from edible materials, typically derived from grains or vegetables, designed to be consumed after use. These utensils are an eco-friendly alternative to traditional plastic, wood and bamboo cutlery, as they limit the use of plastic and are completely biodegradable.
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Surging Demand For Biodegradable And Compostable Products Fuels Growth In The Edible Cutlery Market
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.
Competitive Landscape -
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.
Focus On Introducing Innovative Edible Bowls And Spoons To Gain A Competitive Advantage
Major companies operating in the edible cutlery market are focused on introducing innovative products and solutions to sustain their position in the market. For instance, in January 2023, Stroodles, a UK-based edible cutlery manufacturing company that offers biodegradable, vegan, firm and guilt-free pasta straws, launched edible bowls and sporks. These edible bowls are made from a Ryvita-type material and can hold hot and cold meals for over 1.5 hours. The bowls are designed to be 100% biodegradable. They are fully compostable in 30 days and are certified for food contact safety. Stroodles biscuit sporks are 13 cm long, vegan, 100% biodegradable and last 30+ minutes with hot and cold meals. They come in four flavors: classic, cocoa, black pepper and masala.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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