The global biodegradable cutlery market is expected to reach USD 77.8 million by , at a CAGR of 7.1% during the forecast period to . Asia Pacific is expected to grow the fastest during the forecast period.
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Biodegradable cutlery is made of eco-friendly and organic materials such as starch blends, PLA, CPLA, and other plants and organic materials. Biodegradable cutlery includes spoons, plates, forks, containers, and other cutlery items. Biodegradable cutlery is environmentally beneficial and long-lasting, and it is widely utilized in various business industries, including catering and online meal delivery services. Biodegradable cutlery products are excellent and cost-effective alternatives to non-biodegradable waste, which hugely pollute the environment and can survive for hundreds of years. The biodegradable cutlery market has grown significantly in recent years as people have become more aware of the adverse effects of non-biodegradable silverware on the environment and have begun to use biodegradable and organic cutlery to conduct environmentally friendly business. Government restrictions are imposed on several non-biodegradable products to discourage their use and promote the use of biodegradable and organic cutlery items. Furthermore, innovation in biodegradable cutlery, is a significant factor in the growth of the global biodegradable cutlery market, which is expected to help the market&#;s growth during the forecast period.
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Rising Usage of Biodegradable Cutlery- With the emergence of COVID-19, several hospitals and hotels began adopting biodegradable cutlery for numerous reasons, such as food packaging and serving, as well as a cost-effective means for hospitals to serve a high number of COVID-19 patients. To restrict the spread of COVID-19, hospitals have begun to use disposable and biodegradable tableware like biodegradable glasses and dishes, as reusable plates, dishes, and glasses may lead to the spread of the coronavirus to other individuals. Biodegradable cutlery is often used at parties and other occasions since it is heat resistant and aids in directing hot foods to guests. Biodegradable cutlery is becoming increasingly popular due to its ease of use and low cost.
High Cost- The cost of biodegradable plates, spoons, cups, and forks is more than that of standard disposable cutlery. This is the primary impediment to market growth. Nevertheless, despite numerous environmental benefits, some biodegradable cutlery emits greenhouse gases during disintegration. This may have an impact on the environment. These factors are significant impediments to the market expansion of biodegradable cutlery.
Rising Online Food Delivery Services- Online food delivery services are growing in popularity because they provide hot delicacies to consumers' doorsteps, and users can select different cuisines from hotel menus based on their preferences. Many students and graduates who have relocated to different places for work or study frequently use online food delivery services. They contribute to making people's lives easier and more enjoyable. Online meal services are a prominent commercial user of biodegradable cutlery to serve and deliver food to consumers' homes; these are inexpensive and long-lasting.
Harmful for Animals or Humans- Biodegradable utensils have the potential to be environmentally friendly, but they also have certain drawbacks. Biodegradable utensils are still created from petroleum-based polymers and other chemicals that might hurt or kill animals or humans.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Europe emerged as the most significant global biodegradable cutlery market, with a 43% market revenue share in .
Europe dominates the biodegradable cutlery market with a 43% market revenue share in . Several startups and large producers of biodegradable cutlery are focusing on innovative product development and raw material innovation. For example, leaf republic GmbH, a German startup, produced a whole line of leaf tableware. The product is made from leaves and leaf-made paper, without synthetic additives, colouring, or glue. Within 28 days of use, these items biodegrade. This novel product launch is expected to propel the biodegradable cutlery market throughout the forecast period.
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Asia Pacific is expected to witness the fastest growth during the forecast period because of the growing number of restaurants and food joints and strong rules enforcing plastic bans by governments in nations such as China, India, and Australia. Moreover, China, Japan, and certain eastern countries have a tradition of utilizing wooden cutlery such as chopsticks. This custom broadens the availability of biodegradable cutlery in the region. Startup businesses are developing new innovative items to acquire a competitive advantage in the market. This will increase the demand for biodegradable cutlery in the region.
Europe Region Biodegradable Cutlery Market Share in - 43%
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The raw material segment is divided into wood, paper, husk, plastic, and others. The wood segment dominated the market, with a market share of around 39% in . Numerous companies are conducting substantial R&D to develop low-cost biodegradable cutlery. For example, Green Science Alliance, a chemical firm, invented natural biomass composed of paper waste, wood, plants, and scrap trees in March . Because of its natural constituents, the material is completely biodegradable and recyclable. This novel material will fuel the biodegradable cutlery market and create commercial prospects.
Application Analysis:
The application segment is divided into hotels, hospitals, and catering services. The hospital segment dominated the market, with a share of around 41% in . Hospitals and medical care facilities saw a sudden and quick increase in biodegradable cutlery products. They primarily employed disposable biodegradable cutlery items to serve food to Corona patients to restrict the spread of COVID-19.
Report Description:
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Attribute Description Market Size Revenue (USD Million) Market size value in USD 39.2 million Market size value in USD 77.8 million CAGR ( to ) 7.1% Historical data - Base Year Forecast - Regional Segments North America, Asia Pacific, Europe, Latin America, Middle East and Africa Segments Raw Material, Application