Mapping the evolution of the biodegradable cutlery market

biodegradable cutlery market

DUBLIN, April 2, 2024 (GLOBE NEWSWIRE) — Biodegradable Cutlery Market Report by Product (Spoons, Forks, Knives, Others), Raw Materials (Wood, Shells, Paper, Plastic, Others), Type ( 2024-2032 report has been added. ResearchAndMarkets.com Recruitment.

The global biodegradable cutlery market, which reached a valuation of USD 45 million in 2023, is expected to flourish and reach an estimated USD 65.8 million by 2032, at a CAGR of 4.3% during the forecast period .

This growth can be attributed to the expansion of the hospitality and tourism sector, advances in materials science, and increasing environmental awareness among consumers and industry. As a result, biodegradable cutlery, an environmental solution that decomposes naturally, is increasingly being adopted by various industries.

Market segmentation and drivers

A comprehensive segmentation of the market reveals that spoons account for the largest share as a product category due to their versatility for different food types and eating experiences. The market also has a strong preference for plastic-based materials, including bioplastics, which are biodegradable and compostable. In terms of raw materials, segments such as wood, shells and paper are also noteworthy. However, the familiar features offered by bioplastic cutlery have cemented its considerable market share.

Among cutlery types, PLA (polylactic acid) stands out, attracting attention for its combination of functionality and environmental friendliness. Several applications, including hotels and catering services, are essential for market growth as they adopt sustainable solutions. Although online platforms are gaining momentum, offline distribution channels, including brick-and-mortar stores and supermarkets, continue to dominate the market.

regional insights

The report shows that Europe is leading the market, demonstrating a strong environmental ethos and substantial market commitment to phasing out single-use plastics. While North America will follow similar trends, the Asia-Pacific region shows significant growth potential due to increased consumer awareness and rapid growth in the restaurant industry.

Competitive environment and recent developments

The industry sees leading companies focusing on innovation, sustainability, and market expansion to meet the growing demand for environmentally friendly alternatives. Recent launches highlight the industry’s shift towards plant-based materials and innovative solutions such as edible cutlery and paper cutlery that offer new levels of convenience and compostability. These developments reflect the industry’s commitment to meeting consumer demands for environmental stewardship and sustainability, and point to a positive trajectory for the future of the market.

The global biodegradable cutlery market is expected to witness steady growth due to environmental concerns and evolving consumer preferences towards sustainable living. With significant contributions from different sectors and regions, the biodegradable cutlery market is moving towards a greener future while maintaining functionality and convenience for users all over the world.

Key attributes:

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Featured companies

Split report

Breakdown by product:

Breakdown by raw material:

• wood

• shell

• paper

• plastic

• others

Breakdown by type:

Split by application:

Breakdown by distribution channel:

Regional breakdown:

• North America

• Europe

  • Germany

  • France

  • England

  • Italy

  • Spain

  • Russia

  • others

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • others

• latin america

• middle east and africa

For more information on this report, please visit https://www.researchandmarkets.com/r/y97gyd.

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