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Biodegradable Cutlery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Biodegradable Cutlery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • November 2021
  • 146 pages
  • ID: 5878840
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global biodegradable cutlery market exhibited moderate growth during 2015-2020.

Looking forward, the analyst expects the market to grow at a CAGR of 5.1% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Biodegradable cutlery refers to compostable tableware that is manufactured using all-natural materials, such as agricultural residues, palm leaves, bamboo, bagasse and cornstarch-based polylactic acid (PLA) plastic. Reusable spoons, knives, forks, straws, stirrers and flatware are the most common variants available in the market. In comparison to plastic- and petroleum-based products, these utensils cause minimal pollution, use lesser energy and produce negligible waste. They release nutrients into the soil upon breakdown, owing to which the utensils can either be stored for future use or converted into compost to improve the quality of farm produce.

Biodegradable Cutlery Market Trends:
Increasing consumer awareness regarding the detrimental effects of using non-biodegradable products is among the key factors driving the growth of the market. Furthermore, the implementation of favorable government regulations discouraging the use of plastic tableware and other products is also providing a boost to the market growth. With the significant expansion in the food and beverage industry, there is an escalating demand for eco-friendly and sustainable cutlery in restaurants, fast food outlets and hotels across the globe. Additionally, biodegradable cutlery is a viable alternative that provides the convenience of disposable utensils at parties, picnics and other occasions, along with an added advantage of minimal negative impact on the eco-system. Other factors, including rising disposable incomes, increasing consumer preference for natural and organic products and extensive research and development (R&D) activities to manufacture innovative and cost-effective products, are projected to drive the market further.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global biodegradable cutlery market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, raw materials, type, application and distribution channel.

Breakup by Product:
Spoon
Fork
Knife
Others

Breakup by Raw Material:
Wood
Husk
Paper
Plastic
Others

Breakup by Type:
PLA
CPLA
Starch Blends

Breakup by Application:
Hotel
Catering
Others

Breakup by Distribution Channel:
Online
Offline

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being BioGreenChoice Corp., Bionatic GmbH & Co. KG, Biotrem, Eco Guardian, Eco-Products Inc., Huhtamäki Oyj, NatureHouse Green Products Inc., Vegware, etc. Key Questions Answered in This Report:

How has the global biodegradable cutlery market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the the global biodegradable cutlery market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the raw material?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global biodegradable cutlery market and who are the key players?
What is the degree of competition in the market?

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