Biodegradable Cutlery Market is expected to grow with a CAGR of 7.0% from 2023 to 2030.
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This report describes the global market size of Biodegradable Cutlery Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 7.0% from 2023 to 2030.
Biodegradable cutlery isadding supplements made of natural fibre (agro-waste) to a matrix or resin that is made from a polymer of renewable resources and is manufactured through compression or injection. Natural biopolymers provide important advantages such biodegradability, biocompatibility, and biological safety as opposed to plastic, which remains in the environment and poses environmental risks. Biodegradable utensils can be used as an alternative to plastic tableware.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Biodegradable Cutlery Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 7.0% during the forecast period 2023-2030. North American market for Biodegradable Cutlery Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Biodegradable Cutlery Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Product
Spoon
Fork
Knife
Others
The biodegradable cutlery market has been broken down and thoroughly analysed based on the product in the study. This applies to the spoon, fork, knife, and other items. The survey stated that spoons made up the largest segment.
By Raw Material
Wood
Husk
Paper
Plastic
Others
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Some of the greatest materials for making cutlery include husk, wood, bamboo, and bagasse. Many companies are investing heavily in R&D to create affordable biodegradable cutlery. For example, a chemical firm called Green Science Alliance created natural biomass in March 2019 using plant waste, tree trash, and paper waste. The material's natural components make it completely biodegradable and recyclable. The demand for compostable cutlery will be fueled by this unusual material, creating opportunities.
By Application
Hotels
Restaurents
Catering
领英推荐
Retail
The study also includes a thorough breakdown and analysis of the biodegradable cutlery market depending on application. This covers Hotels, Restaurents, Retailers etc.
By Distribution Channel
Online
Offline
Based on the distribution channel, the study has offered a thorough breakdown and analysis of the market for biodegradable cutlery. Online and offline both fall under this. The biggest segment, according to the report, was offline.
By Region
North America
APAC
Europe
South America
Middle East & Africa
Europe was the region with the largest market for biodegradable cutlery,with a market share of almost 36% in 2022 . By 2030, the market is anticipated to reach USD 26.14 million. Startup businesses and large producers of biodegradable kitchenware are both concentrating on new product development and raw material innovation. For instance, the German startup Leaf Republic gmbh unveiled a complete line of tableware made of leaves. The product is made from leaves and leaf-made paper and has no artificial additives, colours, or glue of any kind.
By Company
Huhtamki Oyj
Better Earth LLC
Genpak , LLC
Please ask for sample pages for full companies list.
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