What is the global market size of the Biodegradable Cutlery Market?

Global Biodegradable Cutlery Market size was valued at USD 36.64 million in 2021 and is poised to grow from USD 39.20 billion in 2022 to USD 67.36 billion by 2030, at a CAGR of 7.0% during the forecast period (2023-2030).

Biodegradable Cutlery Market Size, Share, Growth Analysis, By Raw Material(Wood, Husk, Paper, Plastic and Others), By Distribution Channel(Online, Offline), By Region - Industry Forecast 2024-2031

Report ID: SQMIG25I2024 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 37 | Figures: 74

Biodegradable Cutlery Market News

In March 2024, Botanic Wellness reaffirms its commitment to bioplastics, emphasizing their pivotal role in addressing global material usage and environmental sustainability. Rhonda Peoples, Head of Sales, views hemp bioplastics as instrumental in driving industrial success, emphasizing that consumer and business decisions can contribute positively to tackling plastic pollution.
In November 2023, Phabuilder Biotechnology Co., Ltd. made headlines by securing a multi-million-dollar order, one of the largest in the PHA industry to date, in collaboration with Hengxin Life Science & Technology Co., Ltd. This partnership aims to highlight the versatile applications of PHA and revolutionize everyday products. The alliance introduces three innovative product categories made from PHA - straws, coatings, and injection-molded items - into the consumer market.
In April 2023, CHUK, a leading brand in compostable tableware, revealed its partnership with Hyperpure, Zomato’s marketplace known for offering fresh, hygienic, and high-quality food ingredients and packaging supplies to restaurants. Through this collaboration, CHUK's compostable delivery and dine-in range will be accessible on Hyperpure, providing brands with safer alternatives in food service packaging. CHUK's top-notch products designed for the delivery and dine-in segment will enable sustainability-focused restaurants to embrace eco-friendly practices and significantly minimize their carbon footprint.

Biodegradable Cutlery Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Biodegradable Cutlery Market size was valued at around USD 41.60 Million in 2023 and is poised to grow from USD 44.52 Million in 2024 to USD 71.49 Million by 2031, at a CAGR of 7.0% over the forecast period (2024–2031).

Manufacturers are taking many strategic actions, including technological innovation, intensive R&D for unique raw materials, and new product releases. Huhtamäki Oyj, for example, launched eco-friendly and biodegradable high-quality paper straws in February 2019. The straw material is made of natural fiber derived from paper waste. Major producers are increasing their geographic footprint, particularly in developed countries, in order to obtain the highest levels of technological adoption and customer reach. The establishment of R&D centers, as well as strategic collaborations with investment businesses, will be critical in the next few years to supply new creative technologies in response to regional customer demand. 'Vegware', 'Biodegradable Food Service (BDFS)', 'Eco-Products', 'World Centric', 'Bambu Home', 'GreenGood USA', 'Trellis Earth', 'BioMass Packaging', 'Plastico', 'Susty Party', 'Pactiv LLC', 'Natur-Tec India', 'WinCup', 'Huhtamaki', 'Earthsoul India', 'Biopak', 'Ecoware', 'Green Home', 'Genpak', 'Ecovita'

The increasing awareness about the environmental impact of plastic cutlery is driving the demand for biodegradable alternatives. Biodegradable cutlery is made from renewable resources and breaks down naturally, reducing the amount of waste in landfills and oceans.

Increasing demand for plant-based and compostable materials: There is a growing trend towards plant-based and compostable materials in the biodegradable cutlery market. Consumers are looking for eco-friendly and sustainable alternatives to plastic cutlery, and plant-based materials such as corn starch, bamboo, and sugarcane fiber are gaining popularity.

In 2022, Europe emerged as the largest market share holder for biodegradable cutlery, with a 36% share. The market is expected to reach USD 26.14 million by 2030. Many startup firms, as well as large makers of biodegradable flatware, are working on creative products and raw material development. For instance, Leaf Republic GmbH, a German startup, launched a whole line of leaf tableware. The product is made from leaves and leaf-made paper with no synthetic additives, coloring, or glue. These goods biodegrade in 28 days. This new product launch is expected to propel the market throughout the forecast period.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Biodegradable Cutlery Market Size, Share, Growth Analysis, By Raw Material(Wood, Husk, Paper, Plastic and Others), By Distribution Channel(Online, Offline), By Region - Industry Forecast 2024-2031

Biodegradable Cutlery Market News

Biodegradable Cutlery Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Biodegradable Cutlery Market?

Who are the key vendors in the Biodegradable Cutlery Market?

What is the key driver of Biodegradable Cutlery Market?

What is the key market trend for Biodegradable Cutlery Market?

Which region accounted for the largest share in Biodegradable Cutlery Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300