PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1638010
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1638010
The global edible cutlery market was valued at USD 41.8 billion in 2023 and is expected to grow at a robust compound annual growth rate (CAGR) of 10.7% from 2024 to 2032, reaching an estimated USD 104.35 billion by 2032. This remarkable growth trajectory is attributed to increasing consumer demand for sustainable solutions that align with environmental values, health awareness, and regulatory measures encouraging plastic alternatives.
The market is witnessing significant demand for innovative edible utensils made from grains, seeds, and legumes, which cater to both environmental consciousness and health preferences. As governments globally impose stringent measures to curb single-use plastic usage, edible cutlery emerges as a cost-effective and eco-friendly alternative. The burgeoning food service industry, coupled with advancements in product development focused on texture, flavor, and biodegradability, further accelerates market growth.
Commercial applications dominated the edible cutlery market in 2023, accounting for over 81% of the revenue share. Restaurants, quick-service outlets, and catering services are adopting edible utensils to enhance brand image and align with eco-friendly initiatives. Meanwhile, the household segment is set to experience the fastest growth due to rising consumer awareness of sustainability and health benefits.
The Asia Pacific region is projected to be the fastest-growing market, driven by its extensive manufacturing infrastructure, cost-effective production capabilities, and supportive governmental policies. North America, however, held the largest revenue share in 2023, showcasing strong consumer awareness and innovative advancements in edible cutlery technology.
Key market players such as incrEDIBLE Eats Inc., Frenvi Private Limited, and Wisefood GmbH are continuously investing in R&D to expand their product portfolios and capture emerging opportunities in the edible cutlery landscape.