PUBLISHER: SkyQuest | PRODUCT CODE: 1452755
PUBLISHER: SkyQuest | PRODUCT CODE: 1452755
Global Edible Cutlery Market Size, Share, Growth Analysis, By Product(Spoon, Fork), By Application(Household, and Commercial) - Industry Forecast 2024-2031
Global Edible Cutlery Market size was valued at USD 36.84 billion in 2022 and is poised to grow from USD 40.86 billion in 2023 to USD 93.48 billion by 2031, growing at a CAGR of 10.9% during the forecast period (2024-2031).
The global market for edible cutlery is gaining momentum as a sustainable solution to combat plastic waste and its environmental impact, offering an eco-friendly alternative crafted from natural ingredients like wheat, rice, millet, and sorghum. This innovative concept resonates with consumers' increasing preference for environmentally conscious products, fueled by growing awareness of plastic pollution's adverse effects on marine life and ecosystems. The food service sector is embracing edible cutlery to bolster sustainability efforts and comply with regulations targeting single-use plastics, while the product's versatility in shape, size, and flavor caters to diverse culinary needs and occasions. Despite a slightly higher initial cost compared to conventional plastic utensils, the appeal of edible cutlery lies in its biodegradability and novelty, propelling market growth.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Edible Cutlery Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Edible Cutlery Market Segmental Analysis
The global edible cutlery market is segmented on the basis of Product, Raw Material, Application and region. By Product, the market is segmented into Spoon, Fork, Knife, Spork, and Chopstick. By Raw Material, the market is segmented into Corn, Wheat Bran, Rice Bran, Others. By Application, the market is segmented into Household, Commercial. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Edible Cutlery Market
The global edible cutlery market is propelled by growing concerns about environmental problems, notably plastic pollution, as consumers and businesses alike are actively pursuing sustainable substitutes for conventional single-use plastic utensils. With its biodegradable and eco-friendly nature, edible cutlery presents a viable solution, curbing plastic waste and mitigating its detrimental effects on ecosystems.
Restraints in the Global Edible Cutlery Market
Although edible cutlery products offer various advantages, they remain unfamiliar to a significant portion of the world's population. Limited awareness regarding their accessibility, application, and advantages could impede their acceptance. Consumers may be reluctant to transition to a novel utensil without comprehensive comprehension.
Market Trends of the Global Edible Cutlery Market
As awareness of the detrimental effects of plastic waste on the environment rises, there's a noticeable shift towards sustainable options. Edible cutlery, crafted from ingredients like rice, wheat, sorghum, and millet, embodies this shift by providing a biodegradable and edible alternative that combats plastic pollution. Both consumers and businesses are increasingly drawn to products with minimal ecological impact, fueling the uptake of edible cutlery as a viable substitute for conventional plastic utensils.
Table of Contents
Executive Summary
- Market Overview
- Wheel of Fortune
Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
Market Dynamics & Outlook
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Global Edible Cutlery Market by Product
- Market Overview
- Spoon
- Fork
- Knife
- Spork
- and Chopstick
Global Edible Cutlery Market by Application
- Market Overview
- Household
- and Commercial
Global Edible Cutlery Market Size by Region
- Market Overview
- North America
- USA
- Canada
- Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
- By Development
- By Company
- By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
Key Company Profiles
- Bakeys - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Edible Spoon - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Biotrem - Poland
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Planeteer - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Twizzlez - United Kingdom
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Eatwell - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- EcoTensil - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Stix Fresh - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Soggy Food Sucks - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Sabert Corporation - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Do Eat - France
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Jacek Chocolate Couture - Poland
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Spoons Food - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- EPL Bio Analyser - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Bittu Exports - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- GoldRain - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Jiva Products - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Karat Earth - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Biotre - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Futensil - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- LastObject - Denmark
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Green Good - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- SpudWare - United States
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Simply Native Foods - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Wonderful Spoon - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
