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.
By Product Type
Spork segment would exhibit the highest CAGR of 13.20% during 2019-2026.
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.
By Raw Material
Rice bran segment would exhibit the highest CAGR of 11.90% during 2019-2026.
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.
By Region
Asia-Pacific would exhibit the highest CAGR of 12.70% during 2019-2026.
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
Aspects | Details |
By Product Type |
|
By Row Material |
|
By Application |
|
By Region |
|
Key Market Players | Edible Pro, GreenGood, Vegware Ltd, Edibles By Jack, BioGreenChoice, Mede Cutlery Company, Candy Cutlery, GreenHome, Biodegradable Food Service, LLC, NatureHouse Green Products Inc. |
Analyst Review
Edible cutlery market was valued at $24,860.0 million in 2018, and is projected to reach $56,970.4 million by 2026, growing at a CAGR of 11.1% from 2019 to 2026. The spoon segment dominated the market, occupying nearly 30% share of the total revenue in 2018. However, the spork segment is expected to witness the highest growth rate during the forecast period, owing to increase in use of sporks in Asian countries where wok and noodle is the major food.
Rise in health concerns associated with plastic cutlery is expected to provide impetus for product innovation such as cutlery made up of rice flour, maize flour, corn flour, and soya flour. The demand for flour-based edible cutlery has witnessed a major boost, owing to adoption of healthy lifestyle. Furthermore, expansion of commercial farmlands and development of the manufacturing & natural food industry in Asia-Pacific have increased the application of herbal leaves in plate making, which, in turn, is expected to boost the growth of the edible cutlery market. Moreover, surge in global population coupled with rise in per capita income significantly contributes toward the growth of the global market. Furthermore, increase in average selling price of cutlery in most of the countries has positively impacted the market growth.
The growth rate of the edible cutlery market during the forecast period ( 2019 to 2026) is 11.1%. The growth is driven by government organizations and world organizations such as UN, World Bank, United Nations Environment Program, European Environment Agency, Environmental Protection Agency, and Interamerican Association for Environmental Defense by launching various programs to tackle the global warming issues, and to help the environment go green.
The global edible cutlery market size will be 56,970.4 thousand from 2019 to 2026. North America accounts for higher share of 41.80% in the market owing to demand of edible cutleries in commercial sectors such as restaurants, airlines, hotels, and cafes. The commercial sector is extensively supporting the environment by reducing the waste and degradable items, which is helping the sector to grow in North America sector.
The leading manufacturing companies in the edible cutlery market include GreenGood, Better Earth, Nature House Green, BioGreenChoice, Green Home, Vegware, Biodegradable Food Service, Biogreenchoice, Karat, and Edibles by Jack.
Vegan population use majority of the natural and organic products, and hence the innovation in natural and organic products can be beneficial for the growth of edible cutlery market and will shape the market in the future.
Growing use of edible cutlery in airlines industry, Introduction of various flavors and colors based edible cutlery, and government initiative to reduce carbon footprints are some of the driving factors and opportunities in the edible cutlery market.
The development of innovative edible cutlery products by market players, and support from the government are some of the niches of market players profiled in the report. Also, awareness of environment degradation due to plastic used in cutlery making further helps the market growth.
In the household segment Consumers are being aware about the cultivation of environment and hence avoiding the environment harmful products, which is attracting the consumers towards the edible cutleries. The growth of edible cutleries in household can be increased by minimizing the prize of cutleries.
Introducing new line of multigrain flour made edible cutlery and herbal products for consumers, which contributes toward the growth of the market. Innovative product offerings such as fully organic and no-sugar flours by private labels as well as global brands for specific target group such as ethnic population, working population, athletes, and children is increasing the demand for edible cutlery, thereby driving the market growth
Loading Table Of Content...