Edible Cutlery Market to Reach $56.9 Mn, Globally, by 2026 a

|Apr 7|magazine12 min read

Growing use of edible cutlery in the airline industry and introduction of various flavors- and colors-based edible cutlery propelled the growth of the global edible cutlery market

PORTLAND, Oregon, April 7, 2020 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Edible Cutlery Market by Product (Spoon, Fork, Knife, Spork, and Chopstick), Raw Material (Corn, Wheat, bran, Rice bran, and Others), and Application (Household and Commercial): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global edible cutlery industry was pegged at $27.2 million in 2019, and is expected to reach $56.9 million by 2026, registering a CAGR of 11.1% from 2019 to 2026.

Incentives for market growth

Growing use of edible cutlery in the airlines industry and introduction of various flavors- and colors-based edible cutlery drive the growth of the global edible cutlery market. However, higher cost of edible cutlery hampers the market. On the contrary, government initiative to minimize carbon footprints would open new opportunities for the market players.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6383

Spoon segment dominated the market

The spoon segment held the largest share in 2019, accounting for more than one-third of the global edible cutlery market, due to rise in shift from plastic utensils toward the sustainable alternative and increased use of edible knives and spoons in the aerospace industry as the cutlery in-flight catering service. However, the spork segment is expected to register the fastest CAGR of 13.2% during the forecast period, owing to food lifestyle in the Asian countries and increased adoption of edible cutlery.

Household segment to portray fastest growth through 2026

The household segment is expected to manifest the fastest CAGR of 12.3% from 2019 to 2026, owing to rising awareness among consumers of demerits of plastics in cutleries. On the contrary, the commercial segment held the largest share in 2019, contributing to more than four-fifths of the global edible cutlery market, owing to collaborative initiating taken by commercial sectors and government to avoid environmentally harmful products.

North America garnered largest share

The market across North America accounted for the largest share in 2019, garnering more than two-fifths of the market, due to arrival of edible cutleries in commercial sectors such as restaurants, airlines, hotels, and cafes. However, the global edible cutlery market across Asia-Pacific is estimated to register the highest CAGR of 12.7% during the study period, owing to growth of the market primarily in China, Thailand, Japan, and South Korea. Asian countries such as India, Sri Lanka use the dishes and bowls made by leaves since ancient times and the consumers are demanding the innovation in design and flavors in the cutleries, which boosted the market growth in the region.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6383

Major market players

  • GreenGood
  • Nature House Green
  • Better Earth
  • Green Home
  • BioGreenChoice
  • Biodegradable Food Service
  • Vegware
  • Karat
  • Biogreenchoice
  • Edibles by Jack

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Food Grade Gases Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

Food Traceability (Tracking Technologies) Market: Global Opportunity Analysis and Industry Forecast, 2018–2025

Seafood Processing Equipment Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

Edible Pigment Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com 
Food and Beverages Market: https://www.alliedmarketresearch.com/reports-store/food-and-beverages

 

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg