Global Biodegradable Cutlery Market Report 2023: Rising Consumer Awareness Regarding Non-Biodegradable Products Fuels Growth
DUBLIN, April 3, 2023 /PRNewswire/ — The “Biodegradable Cutlery Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product Type (Spoon, Knife, Fork, Plates, and Others), By Raw Material, By End User, By Distribution Channel, By Region, By Competition” report has been added to ResearchAndMarkets.com’s offering.
The global biodegradable cutlery market is expected to grow at a brisk rate during the forecast period on account of increasing awareness about the harmful effects of non-biodegradable plastic wastes and surging demand for eco-friendly, secure, and sustainable cutlery.
Biodegradable cutlery is witnessing increased demand in commercial setups such as restaurants, catering services, and house parties as it is affordable and secure.
Biodegradable cutlery is a trend that is being adopted across the globe to lessen plastic waste and greenhouse gas emissions. Biodegradable cutlery such as bowls, plates, cups, and meal trays that can decompose within months of being thrown away is referred to as biodegradable tableware.
The market is expanding as a result of rising investment in research and development of compostable materials, combined with rising economic awareness regarding the use of plastic and other toxic material cutlery.
Rising Consumer’s Awareness Regarding Non-Biodegradable Products Fuels Market Growth
Increasing consumer awareness regarding the harmful effects of using non-biodegradable products is one of the main factors fueling the market’s expansion.
Additionally, the implementation of supportive government regulations restricting the use of plastic tableware and other products is also driving the market. In restaurants, fast food outlets, and hotels worldwide, there is an increasing demand for eco-friendly and sustainable cutlery due to the significant development of the food and beverage industry.
Additionally, biodegradable cutlery is a practical substitute that offers the ease of disposable utensils at gatherings, picnics, and other events, with the added benefit of having a little adverse impact on the environment.
For Instance, Bahrain-based Bagasse International launched its Agriware brand of cutlery and tableware in a few Carrefour stores across the nation. Agriware products are superior to paper because they guarantee complete biodegradability in landfills and are made from plant fibers and sugarcane pulp that don’t harm the environment or marine life.
Therefore, increasing consumer awareness helps grow the demand for the market, which further increases the business of the biodegradable cutlery market.
Increasing Demand for Eco-Friendly Cutlery Propels Market Growth
The growing demand for eco-friendly, secure, and sustainable cutlery due to the rise in cafeterias, fast food outlets, and restaurants is driving the need for biodegradable plates and cups. For picnics, parties, and other gatherings, eco-friendly cutlery is a practical substitute that provides the convenience of disposable plates, cups, and spoons. Additionally, they don’t harm the environment in any way.
Higher Cost Than Traditional Cutlery is The Biggest Challenge For Market
The price of biodegradable plates, cups, spoons, and forks is higher than that of conventional disposable cutlery, which restrains market expansion. In addition, some biodegradable plastics release greenhouse gases during the decomposition process, which may have some adverse effects on the environment despite their many environmental benefits. These issues are the main barriers preventing the market for biodegradable cutlery from expanding.
Plastics that are “bio-based” or “biodegradable” are produced using plants such as corn and soybeans. As a result of the frequent pesticide application to these crops, there is a high risk of contamination. Biodegradable plastics are expensive owing to the need for technologically advanced composters and processors, which also drives up the price of bio-based cutlery.
Some biodegradable plastics have the potential to release methane into landfills as they break down. These factors could limit the market’s expansion for bio-based cutlery globally during the forecast period.
Blasso, LLC., Greenwood (Dalian) Industrial Co., Ltd., BeGreen Packaging, LLC., Aevia Ideas, Inc., WoodAble, Greenprint, WorldCentric, Papelyco, Ecoware Solutions Pvt. Ltd. and Biopac UK Ltd. are the major market players in the global platform that lead the market growth of the global biodegradable cutlery market. Various companies provide different types of cutleries such as spoons, knives, fork, plates, and others.
In this report, the global biodegradable cutlery market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Biodegradable Cutlery Market, By Product Type:
Biodegradable Cutlery Market, By Raw Material:
Biodegradable Cutlery Market, By End-user:
- Catering services
Biodegradable Cutlery Market, By Distribution Channel:
For more information about this report visit https://www.researchandmarkets.com/r/ym903k
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