Edible Cutlery Market Overview: Market Size, Major Drivers And Trends
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The edible cutlery market has experienced remarkable growth, surging from $36.65 billion in 2023 to an estimated $41.34 billion in 2024. This growth, at a compound annual growth rate (CAGR) of 12.8%, reflects the market’s responsiveness to environmental concerns, the flourishing food and beverage industry, and heightened awareness about plastic waste and pollution.
Anticipating Rapid Growth Ahead
The momentum in the edible cutlery market is expected to accelerate further, reaching $64.27 billion by 2028, with a projected CAGR of 11.7%. The forecasted growth in the upcoming years can be attributed to the rising popularity of edible cutlery, plastic bans, an increase in takeout and food delivery services, and the market’s expanding global footprint.
Surging Demand for Biodegradable and Compostable Products
Embracing Sustainability
The edible cutlery market is set to witness a surge in demand for biodegradable and compostable products, driving its growth. With a global shift towards sustainability, consumers are increasingly inclined to choose products that break down naturally without causing harm to the environment. Edible cutlery, crafted from natural and compostable materials, offers a sustainable alternative to traditional plastic cutlery. The rise in consumer demand for sustainable packaging, reaching 81% in January 2023, underscores the market’s responsiveness to eco-friendly practices.
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Focus on Introducing Innovative Edible Bowls and Spoons
Innovating for Sustainability
Major players in the edible cutlery market are strategically focusing on innovation to maintain a competitive edge. For example, Stroodles, a UK-based edible cutlery manufacturing company, introduced edible bowls and sporks in January 2023. These innovative products, made from biodegradable materials, offer a guilt-free solution for consumers. The edible bowls, fully compostable within 30 days, can hold hot and cold meals for over 1.5 hours, providing both practicality and sustainability. The biscuit sporks, available in various flavors, offer a vegan and biodegradable alternative to traditional plastic cutlery.
Dippin Dots Partners with Incredible Eats for Eco-Friendly Edible Spoons
Collaboration for Sustainable Solutions
In January 2022, Dippin’ Dots Inc., a prominent US-based frozen products manufacturer, joined forces with incrEDIBLE eats Inc. to introduce eco-friendly spoons made of edible materials. This collaboration aimed to provide consumers with a sustainable choice of utensils, particularly at locations like aquariums and zoos. incrEDIBLE eats Inc., specializing in edible cutlery, including spoons, showcased how partnerships can drive eco-friendly practices in diverse settings.
Market Segmentation and Major Trends Shaping the Future
Diverse Offerings and Industry Trends
The edible cutlery market is characterized by diverse offerings and significant trends:
- Product Segmentation: Spoon, Fork, Knife, Spork, Other Products
- Material Type: Wheat Bran, Rice Bran, Sorghum, Corn, Millet, Other Materials
- 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
Major Trends in the Forecast Period:
- Innovative Customization: Adapting edible cutlery to diverse consumer preferences.
- Health and Nutrition Focus: Emphasizing the nutritional aspects of edible cutlery.
- Biodegradable Packaging: Aligning with sustainable packaging practices.
- Collaborations and Partnerships: Joining forces for enhanced eco-friendly solutions.
Regional Dynamics: North America Takes the Lead, Asia-Pacific Rapidly Grows
Geographical Impact
In 2023, North America emerged as the largest region in the edible cutlery market, emphasizing the region’s pivotal role. Looking ahead, Asia-Pacific is anticipated to be the fastest-growing region in the forecast period, reflecting the global expansion of the edible cutlery market.
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The Edible Cutlery Global Market Report 2023 provides an overviewof the edible cutlery market for the time series: historic years (2010 -2021) and ten years forecast (2023 – 2032).The edible cutlery market forecast analyzesedible cutlerymarket size, edible cutlery market share,leading competitor and their market positions.
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