IMARC Group, a leading market research company, has released a report titled "Biodegradable Cutlery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The global biodegradable cutlery market size reached US$ 42.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.9 Million by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Biodegradable cutlery is an eco-friendly alternative to traditional plastic or metal utensils. Made from materials like cornstarch, bamboo, or sugarcane, these utensils are designed to break down naturally in the environment, reducing landfill waste and environmental impact. Biodegradable cutlery offers the same functionality as regular cutlery but has the added advantage of being compostable, often within a few months. This makes it an increasingly popular choice for environmentally conscious consumers and businesses looking to reduce their carbon footprint. As a result, biodegradable cutlery is gaining immense traction in various events, restaurants, and cafeterias across the globe.

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Biodegradable Cutlery Market Trends and Drivers:

The global biodegradable cutlery market is primarily driven by the increasing demand for eco-friendly alternatives due to the growing awareness of environmental concerns, specifically the harmful effects of single-use plastics. Moreover, the rise in legislative efforts to ban or restrict plastic utensils in various regions are accelerating the adoption of sustainable options, thereby fueling market growth. Apart from this, the rapid expansion of the food delivery and takeaway sectors, which require disposable cutlery, has catalyzed market growth. Besides this, numerous advancements in materials science, including the development of more durable and functional biodegradable cutlery, represent another major growth-inducing factor. Furthermore, the proliferation of e-commerce platforms that make biodegradable cutlery more accessible to a global customer base is contributing to market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

  • Spoon
  • Fork
  • Knife
  • Others

Breakup by Raw Material:

  • Wood
  • Husk
  • Paper
  • Plastic
  • Others

Breakup by Type:

  • PLA
  • CPLA
  • Starch Blends

Breakup by Application:

  • Hotel
  • Catering
  • Others

Breakup by Distribution Channel:

  • Online
  • Offline

Market Breakup by Region:

  • 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

Competitive Landscape with Key Player:

  • BioGreenChoice Corp
  • Bionatic GmbH & Co. KG
  • Biotrem
  • Eco Guardian
  • Eco-Products Inc.
  • Huhtamäki Oyj
  • NatureHouse Green Products Inc.
  • Vegware

Explore full report with table of contents: https://www.imarcgroup.com/biodegradable-cutlery-market

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