Edible Cutlery Market

The edible cutlery market size was valued at $24,860.0 thousand in 2018, and is estimated to reach $56,970.4 thousand by 2026, registering a CAGR of 11.1 % from 2019 to 2026.

Edible cutleries are tableware that can be used as a substitute for plastic cutleries. These cutleries are made from plants, and are considered as a health alternative to plastic products. Spoon, fork, knife, spork, and chopstick are among the most popular choice for edible cutleries worldwide. Fresh edible cutleries are considered healthy, owing to the presence of a number of essential vitamins and minerals in fresh leaves.

Edible cutleries has been very popular in the mature and emerging markets, owing to rise in number of people choosing vegan products. Furthermore, rise in health awareness and increase in disposable income have fueled the growth of the edible cutlery market. Moreover, introduction of additional healthy flours and healthy herbs by different market players are some other factors that augment the growth of the market. However, fluctuating prices of raw materials and high cost of natural & organic flours act as the major restraints for this market. On the contrary, surge in edible cutlery market demand by vegan population and introduction of new flavor & variety of flavored flours are anticipated to provide lucrative opportunities for the edible cutlery market.

The global edible cutlery market is segmented into product, raw material, application, and region. By product, the market is divided into spoon, fork, knife, spork, and chopstick. On the basis of raw material, it is fragmented into corn, wheat, bran, rice bran, and others. The applications covered in the study include household and commercial. Region wise, the edible cutlery market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By product, the spoon segment generated the highest revenue in 2018, and is expected to remain dominant throughout the edible cutlery market forecast period. This is attributed to increase in demand for flavored spoons and increase in health concerns in countries such as India and China. Moreover, increase in flours free from artificial ingredients is expected to increase the demand for cutleries in the U.S.

However, the spork segment is expected to grow at the highest CAGR throughout the forecast period, owing to enhanced design, shape, and taste with increase in demand for products made by natural additives by consumers in countries such as Canada.

On the basis of raw material, the corn was the most prominent segment in 2018, due to increasing rise in demand for corn-based flours and sure in corn flavored cutleries consumption. However, the wheat bran segment is expected to witness notable edible cutlery market growth, with a CAGR of 12.6% from 2019 to 2026. 

Depending on application, the commercial edible cutlery market segment led the market 2018, in terms of edible cutlery market share. This is attributed to surge in adoption of edible cutleries by hotels and restaurant chains in both the mature and emerging markets. Moreover, the one-stop solution provided by hypermarkets and supermarkets where consumers can get all types of edible cutlery makes it a popular option for shopping. However, the household segment is expected to witness the fastest growth through the forecast period, owing to rapid penetration of edible cutlery items in household. Consumers are moving to environment-friendly lifestyle, owing to increased awareness about global warming and disadvantages about plastics. This factor is further expected to boost the adoption of edible cutlery during the forecast period.

Region wise, North America was the prominent regional market in 2018, owing to increase in trend of veganism and rise in consumer awareness about health & fitness. 

Players in the edible cutlery industry have adopted product launch and acquisition as their key development strategies to increase profitability and to improve stance in the market. Moreover, players have relied on business expansion to stay competitive in the global market. The key players operating in the global edible cutlery market include GreenGood, Better Earth, Nature House Green, BioGreenChoice, Green Home, Vegware, Biodegradable Food Service, Biogreenchoice, Karat, and Edibles by Jack.
 
Key Benefits for Stakeholders:

• The report provides a quantitative analysis of the current edible cutlery market trends, estimations, and dynamics of the market size from 2019 to 2026 to identify the prevailing edible cutlery market opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth edible cutlery market analysis of the size and segmentation assists to determine the prevailing market opportunities.
• The major countries in each region are mapped according to their revenue contribution to the global industry. 
• The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the edible cutlery industry.

 Edible Cutlery Market Report Highlights