Edible Cutlery Market: Current Analysis and Forecast (2024-2032)
Emphasis on Product Type (Spoons, Forks, Knives, Sporks, Straws, Others); Raw Material (Wheat Bran, Rice Bran, Cornstarch, Others); Application (Residential, Commercial); Distribution Channel (Online, Offline); and Region/Country
Edible Cutlery Market Size & Forecast
The Edible Cutlery market was valued at approximately USD 36.8 Million in 2023 and is expected to grow at a substantial CAGR of around 9.5% during the forecast period (2024-2032) owing to the growing consumer demand for sustainable and eco-friendly products.
Edible Cutlery Market Analysis
Edible cutlery means utensils that are created out of edible and biodegradable products such as wheat bran, rice, cornstarch, millet, and so on to substitute plastic utensils. These products are reusable and consumable thus providing a practical way of avoiding the use of plastics. They are generally constructed to be strong and sturdy enough to be used during meals and, in most cases, they can be consumed afterward or disposed of by being chopped into smaller portions to be turned into compost.
To expand the edible cutlery sector, companies are now innovating, the options include developing new, the texture and strengths of edible cutlery, and introducing products without allergens for the general population. However, companies continue to invest through the sales through restaurants, food chains and through online delivery services. They also include sustainability credentials as well as packaging which is on the rise as innovative promotional techniques and sources of savings.
On May 30, 2024, MAGGI introduced an edible fork in partnership with Nestlé R&D India (a subsidiary of Nestlé S.A and a part of Nestlé’s global R&D network) and an Indian start-up Trishula. Made from wheat flour, this innovative fork enhances the delightful experience of savoring MAGGI Cuppa Noodles, adding to its soupy, slurpy, and masaledar charm.
Edible Cutlery Market Trends
This section discusses the key market trends influencing the various segments of the Edible Cutlery market as identified by our research experts.
Spoons Transforms Edible Cutlery Industry
In 2023 spoons captured the largest market share because spoons are the most used utensils similar to the food categories such as soups, desserts and beverages. Due to its ability to be incorporated into most foods we consume in our daily basis it is considered a staple product ideal for use at both residential and commercial establishments. On top of this, a better flavor and reusability of the edible spoons improves the taste of consumers. Plastic spoons used for serving the food are soon been replaced by edible spoons for serving food both in restaurants and catering services. For instance, on February 2, 2022, incrEDIBLE Eats, the world's only plant-based edible cutlery brand, announced it showcase its flagship line of edible spoons and debut two new collections— edible sporks and edible straws at the 2022 Winter Fancy Food Show, which runs February 6-8, 2022 at the Las Vegas Convention Center.
North America leads the market.
North America lead the market because of the rising customer awareness related to environmentally friendly goods and products over plastic items. Due to the effectiveness of environmental concerns, everyone and everything is on the lookout for a zero-waste approach. Bans on single-use plastics and other regulatory measures that continue to emerge continue to increase the market demand and growth rate. The infrastructure of the retail and e-commerce markets in the region enables the edible cutlery to access a large market. Additionally, the high disposable income in North America helps to adapt premium, innovative products on the principles of the circular economy.
Edible Cutlery Industry Overview
The Edible Cutlery market is competitive, with several global and international players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are EDIBLE CUTLERY; incrEDIBLE eats inc.; FRENVI GmbH; ecobiteskw.com; Spoontainable; Greenauraco; Wisefood GmbH; FlavorFulz a DBA of Charlton Becker Catering; Mede Cutlery Company; Ecolery.
Edible Cutlery Market News
For instance, in Febraury 2024 – Mallorcan hotel chain Iberostar signed a deal with Gloop, an edible cutlery company, to purchase spoons, straws and coffee stirrers for its 35 tourist establishments across Spain, including the 15 located in Mallorca, and the two in Portugal.
Edible Cutlery Market Report Coverage
Reasons to buy this report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
The report presents a quick review of overall industry performance at one glance.
The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
The study comprehensively covers the market across different segments.
Deep dive regional level analysis of the industry.
Customization Options:
The global Edible Cutlery market can be customized further as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the Edible Cutlery Market Analysis (2022-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global Edible Cutlery market were the three major steps undertaken to create and analyze the adoption of Edible Cutlery in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Edible Cutlery market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the Edible Cutlery market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the edible cutlery market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report such as product type, raw material, application, distribution channel, and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the edible cutlery market. Further, we conducted factor analysis using dependent and independent variables such as product type, raw material, application, distribution channel, and regions of the edible cutlery market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Edible Cutlery market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Edible Cutlery market, and market shares of the segments. All the required percentage shares split and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
The industry’s market size, in terms of revenue (USD) and the adoption rate of the Edible Cutlery market across the major markets domestically
All percentage shares, splits, and breakdowns of market segments and sub-segments
Key players in the global Edible Cutlery market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global edible cutlery market. Data was split into several segments and sub-segments after studying various parameters and trends in the product type, raw material, application, distribution channel, and regions of the global Edible Cutlery market.
The main objective of the Global Edible Cutlery Market Study
The current & future market trends of the global Edible Cutlery market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Analyze the current and forecast market size of the Edible Cutlery market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
Segments in the study include areas of product type, raw material, application, distribution channel, and regions.
Define and analyze the regulatory framework for the Edible Cutlery
Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
Analyze the current and forecast market size of the Edible Cutlery market for the major region.
Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
Company profiles of the Edible Cutlery market and the growth strategies adopted by the market players to sustain the fast-growing market.
Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the Edible Cutlery market's current size and growth potential?
The Edible Cutlery Market was valued at USD 36.8 Million in 2023 and is expected to grow at a CAGR of 9.5% during the forecast period (2024-2032).
Q2: What are the driving factors for the growth of the Edible Cutlery market?
The growing consumer demand for sustainable and eco-friendly products, increasing concerns about plastic pollution and environmental impact, innovations in edible materials offering better strength and flavor, and expansion of the foodservice industry seeking eco-friendly alternatives drive the edible cutlery market.
Q3: Which segment has the largest share of the Edible Cutlery market by product type?
Spoons have the largest share of the edible cutlery market by product type.
Q4: What are the major trends in the Edible Cutlery market?
The development of flavored edible cutlery for enhanced user experience, and customization of edible cutlery for various dining experiences is the major trend in the edible cutlery market.
Q5: Which region will dominate the Edible Cutlery market?
North America dominated the market in 2023.
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