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The latest report by IMARC, titled “ BiodegradableCutleryMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast 2023-2028
” "finds that the global biodegradable cutlery market size reachedUS$42.9Million in 2022.
Biodegradable cutlery refers to utensils made from materials that can naturally decompose and break down into simpler organic compounds over time through the action of microorganisms such as bacteria and fungi. Unlike traditional plastic cutlery, which can persist in the environment for hundreds of years, biodegradable cutlery offers a more sustainable alternative. Some of the materials used to produce biodegradable cutlery include plant starches (such as corn or potato), bamboo, wood, and biodegradable polymers, derived from renewable resources like cornstarch or sugarcane. These materials are chosenfortheirability to breakdown in a composting environment.
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One of the primary factors driving the market is the growing awareness among consumers about the detrimental effects of plastic waste on the environment. In addition, with the rising concerns about plastic pollution, particularly in oceans and landfills, businesses, restaurants, and catering services are increasingly adopting sustainable practices and incorporating eco-friendly alternatives into their operations. Biodegradable cutlery aligns with their sustainability goals and helps enhance their brand image. Other than this, technological advances in material sciences and manufacturing technologies have led to the development of biodegradable materials that are cost-effective, durable, and functional. These innovations have expanded the range of biodegradable cutlery available in the market, catering to a wider consumer base. Besides this, the rapid expansion of the foodservice industry, including restaurants, cafes, and fast-food chains, is escalating the demand for disposable cutlery.
As these establishments strive to reduce their environmental impact, they are increasingly adopting biodegradable cutlery as an alternative to traditional plastic options. Moreover, governments of various nations are implementing stringent regulations and policies to curb the use of single-use plastics. As a result, the majority of the population is adopting the use of biodegradable cutlery, thus creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 56.9 Million by 2028, exhibiting a CAGR of 4.9% during the forecast period (2023-2028).
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
ProductInsights:
• Spoon
• Fork
• Knife
• Others
RawMaterialInsights:
• Wood
• Husk
• Paper
• Plastic
• Others
TypeInsights:
• PLA
• CPLA
• Starch Blends
ApplicationInsights:
• Hotel
• Catering
• Others
DistributionChannelInsights:
• Online
• Offline
RegionalInsights:
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• BioGreenChoice Corp
• Bionatic GmbH & Co. KG
• Biotrem
• Eco Guardian
• Eco-Products Inc.
• Huhtamäki Oyj
• NatureHouse Green ProductsInc.
• Vegware
ViewFullReportwithTOC&ListofFigure:
https://www.imarcgroup.com/biodegradable-cutlery-market
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