Edible Cutlery Market 2024 - By Size, Trends, Opportunities And Forecast To 2033

The new report published by The Business Research Company, titled Edible Cutlery Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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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.

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.

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

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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.

Contents of the report:
1. Executive Summary
2. Edible Cutlery Market Report Structure
3. Edible Cutlery Market Trends And Strategies
4. Edible Cutlery Market - Macro Economic Scenario
5. Edible Cutlery Market Size And Growth
…..
27. Edible Cutlery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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