Edible Cutlery Market – Industry Analysis and Forecast (2022 -2029) – By Product, Application and Region.

Edible Cutlery Market size is expected to reach nearly US$ 72.66 Bn by 2029 with the CAGR of 12.24% during the forecast period.
Edible Cutlery Market Overview:
The environmentally friendly nature of the products in this market is one of the most important factors for market growth. Growing awareness of the need to limit plastic pollution is anticipated to push cutlery producers to create eco-friendly items. The vast majority of non-profit organizations and corporate affiliates have started a variety of programs targeted at decreasing plastic consumption. Edible cutlery is made from a variety of raw materials, including maize, wheat bran, rice bran, and others. Furthermore, banana and almond leaves are used to construct bowls and plates in countries such as India, Myanmar, Indonesia, Nepal, Pakistan, and Sri Lanka. These are thought to provide a variety of health advantages, including aiding in weight loss and improving digestive and heart health.



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Edible Cutlery Market Dynamics
To reduce the carbon footprints manufacturers are seeking alternatives. The government of different countries is taking initiatives and efforts for sustainability due to the extreme use of plastics. Therefore, edible cutlery acts as biodegradable solutions to combat the recycling issues associated with plastic raw materials. For example, in May 2021, Etihad Airways announced the use of edible coffee cups to cut its plastic consumption by up to 80 percent by 2022, resulting in a monthly reduction of 17 tons of plastic. Several other airlines have followed suit to increase their commitment to environmental conservation.

Similarly, the increasing food sector and tourist industry throughout the globe are projected to play a vital role in market growth. As a result, these edible cutleries are likely to find abundant prospects in the developing world's foodservice industry. Edible cutlery aligns with the current market demand for visually appealing solutions. Edible cutlery is available in a wide range of colors and tastes. Demand for this product is being driven by an increase in end-user desire for edible cutlery over traditional forms. However, the high cost of raw materials is expected to hamper the growth of the market during the forecast period.
Impact of COVID pandemic on the Edible Cutlery Market
COVID pandemic has a major impact on the market in terms of sales as more than 44% of sales of units are hampered owing to disruption in transport capabilities of the manufacturers due to stringent norms of lockdown and increasing safety concerns. Furthermore, supply chain interruptions, demand destruction, and changes in customer behavior owing to stringent lockdown conditions across the globe have impacted the edible cutlery market.

As a result of COVID-19 and the lockdown, restaurants, and cafés have closed, and food delivery to the house has increased. This is expected to benefit the edible cutlery market since most meal delivery services include such silverware as a replacement for plastic cutlery. As a result of greater home delivery during the pandemic period, higher demand for edible cutlery may enhance the edible cutlery market.
Edible Cutlery Market Segmentation Analysis
By Product, in 2021, the spoon edible cutlery segment accounted for 35% of the market. Because of the variety of food products, everyone on the globe uses a spoon. The segment is also gaining popularity in countries where eating with bare hands is a custom, such as India, Bangladesh, Pakistan, Myanmar, Sri Lanka, and Bhutan.

During the projected period, spork edible cutlery is predicted to grow at the fastest CAGR of 9.2 percent. The single spork can consume a variety of foods, including soup, salad, and dessert. Furthermore, some of these sporks are flavored with pepper, which complements the soup and is gaining popularity among airline food service providers.

By Application, in 2021, the commercial application segment for edible cutlery accounted for more than 82 % of the market.

In hotels, restaurants, airlines, and trains, edible cutlery is becoming more and more frequent. To reduce their carbon footprint, even firms started selling edible cutlery to develop a brand image for their company in the eyes of the buyers.

The household application segment is expected to grow at the fastest CAGR of 9.0% during the forecast period. The increased use of edible cutlery in business settings has also motivated people to enhance these items in their homes. Plastic spoons have been accepted as a healthy substitute by parents of children, as these edible silverware include nutritious grains that help youngsters. These things can be consumed as milk cookies to make a nutritious breakfast that stimulates the desire for food.
Edible Cutlery Market Regional Analysis
North America was the largest market for edible cutlery in 2021, accounting for more than 35.0 percent of global sales. The market is being driven by a growing working population in countries such as the United States and Canada, who can afford to spend money on cutlery regularly. Furthermore, the popularity of maize as a staple meal has resulted in a desire for corn-based spoons and forks, boosting the need for edible cutlery.

Asia Pacific is the fastest-growing market, which is expected to grow at 9.5% CAGR during the forecast period. The increased population is anticipated to increase the levels of environmental degradation in developing Asian countries, particularly India, China, and Pakistan. Environmentalists in the region are willing to provide the product with traction to prevent plastic pollution. As a consequence, it is anticipated that the edible cuts manufacturing companies can raise expenses for the creation of new strategic business units.

The objective of the report is to present a comprehensive analysis of the Global Edible Cutlery Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Edible Cutlery Market dynamics, structure by analyzing the market segments and project the Global Edible Cutlery Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Edible Cutlery Market make the report investor’s guide.
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Global Edible Cutlery Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 28.84 Bn.


Forecast Period 2022 to 2029 CAGR:
12.24%
Market Size in 2029:
US $ 72.66 Bn.


 Segments Covered:
by Product
• Spoon
• Fork
• Knife
• Spork
• Chopstick


by Raw Material
• Corn
• Wheat Bran
• Rice Bran
• Others


by Distribution Channel
• Online
• Offline


by Application
• Household
• Commercial



Edible Cutlery Market, by Region
• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Edible Cutlery Market Key Players are:
• Edibles by Jack
• Biotrem
• Mede Cutlery Company
• UniCrave Technologies
• Unreasonable Group
• Candy Cutlery
• Mede Cutlery Company
• Unreasonable Group
• Yoyu
• Dasso
• Jiangxi Feiyu
• Eco Bamboo Wood
• Tengda
• Jiangxi Shanyou
• Sinohcon
• Tianzhen
• Kang Ti Long
• Huayu

Frequently Asked Questions:

1. Which region has the largest share in Global Edible Cutlery Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global Edible Cutlery Market?
Ans: The Global Edible Cutlery Market is growing at a CAGR of 12.24 % during forecasting period 2022-2029.

3. What is scope of the Global Edible Cutlery market report?
Ans: Global Edible Cutlery Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Edible Cutlery market?
Ans: The important key players in the Global Edible Cutlery Market are – Edibles by Jack, Biotrem, Mede Cutlery Company, UniCrave Technologies, Unreasonable Group, Candy Cutlery, Mede Cutlery Company, Unreasonable Group, Yoyu, Dasso, Jiangxi Feiyu, Eco Bamboo Wood, Tengda, Jiangxi Shanyou, Sinohcon, Tianzhen, Kang Ti Long, and Huayu

5. What is the study period of this market?
Ans: The Global Edible Cutlery Market is studied from 2021 to 2029.