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Global Edible Cutlery Market – Industry Trends and Forecast to 2029

  • FMCG
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Edible Cutlery Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 9.12% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 29.40 Million
Diagram Market Size (Forecast Year) USD 59.10 Million
Diagram CAGR 9.12%

Global Edible Cutlery Market, By Product Type (Spoon, Fork, Knife, Spork, Chopstick), Material Type (Wheat Bran, Rice Bran, Sorghum, Corn, Millet, Others), Flavor (Plain, Sweet, Spicy), End-Use (Food Service Outlets, Hotels, Restaurants and Cafes, Quick Service Restaurants, Institutional Food Service, Cinema, Airline and Railway Catering, Schools and Offices, Hospitals, Household Use), Sales Channel (Manufacturers (Direct Sales), Distributors, Retailers, Hypermarket, Supermarket, Convenience Stores, Specialty Stores, E-Retail) – Industry Trends and Forecast to 2029

Edible Cutlery Market

Market Analysis and Size

In recent years, there has been a growing awareness among the general public about the dangers of utilizing plastics. Due to the non-biodegradable nature of plastics, people are exploring for alternatives. Many governments worldwide are concentrating their efforts on reducing pollution levels caused by the over use of plastics. One of the most important moves observed these days to avoid plastics is to promote the use of edible cutlery. This factor is propelling the global edible cutlery market forward.

Global Edible Cutlery Market was valued at USD 29.40 million in 2021 and is expected to reach USD 59.10 million by 2029, registering a CAGR of 9.12% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Spoon, Fork, Knife, Spork, Chopstick), Material Type (Wheat Bran, Rice Bran, Sorghum, Corn, Millet, Others), Flavor (Plain, Sweet, Spicy), End-Use (Food Service Outlets, Hotels, Restaurants and Cafes, Quick Service Restaurants, Institutional Food Service, Cinema, Airline and Railway Catering, Schools and Offices, Hospitals, Household Use), Sales Channel (Manufacturers (Direct Sales), Distributors, Retailers, Hypermarket, Supermarket, Convenience Stores, Specialty Stores, E-Retail)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Kindred Group PLC (Malta), Flutter Entertainment plc (Ireland), NetEnt AB (publ). (Sweden), Betsson AB (publ)(Sweden), Ladbrokes Betting & Gaming Ltd. (UK), and 888 Holdings (UK), Lottery.hk (China), The Hong Kong Jockey Club (China), MGM Resorts International (U.S.), Crown Resorts Limited (Australia), Caesars Entertainment (U.S.), Las Vegas Sands Corporation (U.S.), Melco International Development Limited (China),  Genting Berhad (Malaysia), Wynn Resorts Holdings, LLC (U.S.) and Galaxy Entertainment Group Limited (China)

Market Opportunities

  • The introduction of hybrid games to drive engagement
  • Investing in edible cutlery games that use AR and VR technology
  • Advances in the field of mobile technology

Market Definition

Edible cutlery is a type of tableware that can be used instead of plastic cutlery. These cutlery are produced from plants and healthier alternatives to plastic cutlery. Spoons, forks, knives, sporks, and chopsticks are among the most often used edible cutlery in the world. Because fresh edible cutleries include a variety of necessary vitamins and minerals, they are considered healthful.

Edible Cutlery Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Increased Demand for Edible cutlery

One major issue with the use of plastic is that it can take hundreds of years to decompose once thrown, causing major waste management issues as well as being a threat to wildlife and the environment. On the other hand, biodegradable products use different materials and chemical reactions to break down once they've been exposed to the environment. However, just because something is biodegradable does not mean it is environmentally friendly in every way. From a sustainable materials standpoint, edible cutlery plays a critical role in reducing packaging material waste.

Furthermore, the rising preferences the usages of fresh edible cutlery due to the prevalence of essential minerals and vitamins is projected to create outstanding demand for the edible cutlery services during the forecasted period. Additionally, the abundance availability of various grains, including rice, is expected to ensure access to raw material for edible cutlery vendors will also drive market value growth over forecasted timeframe. Furthermore, the increase in preference for corn as a staple food has created a fondness for corn-based spoons and forks also boosts the overall market’s growth.

Opportunities

  • Introduction and Government Initiatives

Furthermore, the introduction of additional healthy flours and healthy herbs by different market players further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing end-user preference for edible cutlery over conventional formats will further expand the future growth of the edible cutlery market.

Restraints/Challenges

  • Transpiration and Handling Issues

Despite its bright prospects, the worldwide edible cutlery market may confront transportation and handling issues. This factor will create hindrances for the growth of the edible cutlery market.

  • Stringent Regulations Associated with Edible cutlery

The government is intervening by imposing restrictions to reduce such repercussions and bad effects associated with the mobile edible cutlery industry services. The governments of various global players across the globe are formulating stringent regulations that are will prove to be a demerit for the edible cutlery market. Therefore, this factor is anticipated to challenge the edible cutlery market growth rate.

This edible cutlery market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the edible cutlery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Edible Cutlery Market

The recent outbreak of coronavirus had a huge impact on the edible cutlery market. The COVID pandemic has significantly influenced the market in terms of sales, with more than 44% of unit sales being hampered due to disruptions in manufacturers' transit capacity due to strict lockdown requirements and rising safety concerns. Furthermore, the edible cutlery business has been hit by supply chain disruptions, demand destruction, and changes in customer behaviour as a result of strict lockdown circumstances around the world.

Restaurants and cafés have closed as a result of COVID-19 and the lockdown, and food delivery to the house has increased. Since most meal delivery services provide edible cutlery as an alternative for plastic cutlery, this is projected to benefit the edible cutlery market.

Global Edible Cutlery Market Scope

The edible cutlery market is segmented on the basis of product type, material type, flavor, end-use, and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Spoon
  • Fork
  • Knife
  • Spork
  • Chopstick

Material Type

  • Wheat Bran
  • Rice Bran
  • Sorghum
  • Corn
  • Millet
  • Others

Flavor

  • Plain
  • Sweet
  • Spicy

 End-Use

  • Food Service Outlets
  • Hotels
  • Restaurants and Cafes
  • Quick Service Restaurants
  • Institutional Food Service
  • Cinema
  • Airline and Railway Catering
  • Schools and Offices
  • Hospitals
  • Household Use

 Sales Channel

  • Manufacturers
  • Direct Sales
  • Distributors
  • Retailers
  • Hypermarket
  • Supermarket
  • Convenience Stores
  • Specialty Stores
  • E-Retail

Edible Cutlery Market Regional Analysis/Insights

The edible cutlery market is analyzed and market size insights and trends are provided by country, product type, material type, flavor, end-use, and sales channel as referenced above.

The countries covered in the edible cutlery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing applications within the region.

On the other hand, Asia-Pacific is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing spending on research and development in the emerging economies in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Edible Cutlery Market Share Analysis

The edible cutlery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to edible cutlery market.

Some of the major players operating in the edible cutlery market are-

  • Biotrem (France)
  • BrightVibes B.V. (Netherlands)
  • EdiblePRO (India)
  • Edibles by Jack (U.S.)
  • Frenvi UG (Germany)
  • Greenhome Farms & Resorts P Ltd. (India)
  • IPPINKA (Canada)
  • KDD (India) Private Limited (India)
  • KOOVEE (India)
  • Mede Cutlery Company (India)
  • Wisefood (India)
  • Mede Cutlery Company (India)
  • Oriqa Groups (India)
  • Tate & Lyle (India)
  • Trishula (India)
  • Vegware Ltd (U.K.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Global Edible cutlery Market is expected to show a value of USD 59.10 million by 2029.
The Edible Cutlery Market is to grow at a CAGR of 9.12% during the forecast by 2029.
On the basis of product, the Edible Cutlery Market is segmented into Spoon, Fork, Knife, Spork, and Chopstick.
The major players operating in the Edible Cutlery Market are Kindred Group PLC (Malta), Flutter Entertainment plc (Ireland), NetEnt AB (publ). (Sweden), Betsson AB (publ)(Sweden), Ladbrokes Betting & Gaming Ltd. (UK), and 888 Holdings (UK), Lottery.hk (China), The Hong Kong Jockey Club (China), MGM Resorts International (U.S.), Crown Resorts Limited (Australia), Caesars Entertainment (U.S.), Las Vegas Sands Corporation (U.S.), Melco International Development Limited (China), Genting Berhad (Malaysia), Wynn Resorts Holdings, LLC (U.S.) and Galaxy Entertainment Group Limited (China).
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