Global Biodegradable Cutlery Market to Reach US$ 56.9 Million by 2028, Propelled by the Growing Awareness Among Consumers About the Detrimental Effects of Plastics

May 25, 2023 | Retail

The latest report by IMARC Group, titled "Biodegradable Cutlery Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," finds that the global biodegradable cutlery market size reached US$ 42.9 Million in 2022. Biodegradable cutlery refers to utensils made from materials that can naturally decompose and break down into simpler organic compounds over time through the action of microorganisms such as bacteria and fungi. Unlike traditional plastic cutlery, which can persist in the environment for hundreds of years, biodegradable cutlery offers a more sustainable alternative. Some of the materials used to produce biodegradable cutlery include plant starches (such as corn or potato), bamboo, wood, and biodegradable polymers, derived from renewable resources like cornstarch or sugarcane. These materials are chosen for their ability to break down in a composting environment.

Global Biodegradable Cutlery Market Trends:

One of the primary factors driving the market is the growing awareness among consumers about the detrimental effects of plastic waste on the environment. In addition, with the rising concerns about plastic pollution, particularly in oceans and landfills, businesses, restaurants, and catering services are increasingly adopting sustainable practices and incorporating eco-friendly alternatives into their operations. Biodegradable cutlery aligns with their sustainability goals and helps enhance their brand image. Other than this, technological advances in material sciences and manufacturing technologies have led to the development of biodegradable materials that are cost-effective, durable, and functional. These innovations have expanded the range of biodegradable cutlery available in the market, catering to a wider consumer base. Besides this, the rapid expansion of the foodservice industry, including restaurants, cafes, and fast-food chains, is escalating the demand for disposable cutlery. As these establishments strive to reduce their environmental impact, they are increasingly adopting biodegradable cutlery as an alternative to traditional plastic options. Moreover, governments of various nations are implementing stringent regulations and policies to curb the use of single-use plastics. As a result, the majority of the population is adopting the use of biodegradable cutlery, thus creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 56.9 Million by 2028, exhibiting a CAGR of 4.9% during the forecast period (2023-2028).

Market Summary:

On the basis of the product, the market has been segmented into spoon, fork, knife, and others. Currently, spoons represent the most popular product.
Based on the raw material, the market has been classified into wood, husk, paper, plastic, and others. Presently, plastic holds the majority of the overall market share.
On the basis of the type, the market has been bifurcated into PLA, CPLA, and starch blends. PLA currently represents the most popular type.
Based on the application, the market has been segmented into hotel, catering, and others.
On the basis of the distribution channel, the market has been segregated into online and offline. At present, biodegradable cutlery is majorly distributed through offline channels.
Region-wise, Europe (Germany, France, the United Kingdom, Italy, Russia, Spain, and others) exhibits a clear dominance in the market. Other major regions include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
The competitive landscape of the market has been examined in the report, with some of the key players being BioGreenChoice Corp., Bionatic GmbH & Co. KG, Biotrem, Eco Guardian, Eco-Products Inc., Huhtamäki Ojy, NatureHouse Green Products Inc., and Vegware.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Product, Raw Material, Type, Application, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	BioGreenChoice Corp., Bionatic GmbH & Co. KG, Biotrem, Eco Guardian, Eco-Products Inc., Huhtamäki Oyj, NatureHouse Green Products Inc. and Vegware
Customization Scope	10% Free Customization
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Global Biodegradable Cutlery Market to Reach US$ 56.9 Million by 2028, Propelled by the Growing Awareness Among Consumers About the Detrimental Effects of Plastics

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