Market Overview:
The global bio-based cutlery market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using bio-based products and rising demand for environment-friendly products. In terms of type, the spoon segment is expected to lead the global bio-based cutlery market during the forecast period, followed by forks and knives. This can be attributed to their widespread use in both commercial and household applications. Among regions, North America is expected to lead the global bio-based cutlery market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Bio-based cutlery is made from sustainable resources that come from plants. This can include items such as bamboo, corn, or wheat straw. Bio-based cutlery is important because it helps to reduce the amount of plastic that is produced each year. It also helps to reduce the amount of waste that is created by using disposable utensils.
Spoon:
Spoon is a utensil used for stirring, mixing or transferring food products in cooking. It’s an essential kitchen item that has been around for thousands of years. The history of spoon can be traced back to the Egyptians who used it as a fertility symbol and also made from wood hence the name “Wooden Spoon”.
Fork:
Fork is a part of the kitchen utensil family. It consists of two parts, namely the blade and the handle. The fork can be used for twining or piercing food items like pasta, noodles, vegetables and fruits among others. Forks are available in various forms such as flat, tines or curved among others according to one's needs and convenience.
Application Insights:
The commercial use segment dominated the global market in 2017. The rising number of restaurants and hotels at a global level is expected to be one of the major factors driving product demand in this segment. Increasing spending on hospitality industry by multinational companies for brand promotion is also likely to have a positive impact on market growth over the next few years.
Household use cutlery accounted for more than half of total revenue share in 2017 and is expected to grow at steady pace over the forecast period owing to growing awareness about health benefits associated with using wooden products instead of plastic or metal counterparts. Furthermore, increasing disposable income levels coupled with changing lifestyle has led people worldwide to opt for stainless steel cutlery as opposed these made from cheaper alternatives such as zinc or aluminum alloys which were previously used commonly due household utensils.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing awareness regarding sustainable development, which in turn has resulted into increased demand for eco-friendly products. China is one of the largest producers of bio based polymers due to easy availability of raw materials coupled with cheap labor costs. These aforementioned factors are anticipated to boost product demand over the forecast period.
Europe accounted for a significant share owing to growing environmental concerns among consumers, which have resulted into increased preference for biodegradable utensils such as spoons and forks instead of conventional counterparts such as wooden spoons and forks made from trees respectively.
Growth Factors:
- Increasing demand for biodegradable and compostable products: The growth of the bio-based cutlery market is mainly driven by the increasing demand for biodegradable and compostable products. Cutlery made from bio-based materials decompose within a few months, unlike traditional plastic cutlery which takes years to degrade. This makes them a more environmentally friendly option, which is driving their adoption in restaurants, catering services, and other food service establishments.
- Rising awareness about the benefits of using eco-friendly products: There is a growing awareness among consumers about the benefits of using eco-friendly or sustainable products. This has led to an increase in demand for biodegradable alternatives to conventional plastics such as polystyrene foam cups and plates, plastic bags, straws etc., including bio-based cutlery items.
- Growing popularity of zero waste lifestyle: A zero waste lifestyle involves reducing waste production by recycling and reusing materials as much as possible instead of discarding them into landfills or incinerators. This trend is gaining traction among consumers across all age groups due to its environmental benefits. As a result, there is increasing demand for sustainable alternatives to conventional disposable items such as plastic cutlery which can be reused multiple times before being disposed off responsibly .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio Based Cutlery Market Research Report
By Type
Spoon, Fork, Knife, Others
By Application
Commercial Use, Household Use
By Companies
Huhtamäki, Packaging Finance, Biodegradable Food Service, Leafware, Biotrem, Anchor Packaging, Koch Industries, Biopac, Natur-Tec, NTIC, Vegware, Bio Futura
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Bio Based Cutlery Market Report Segments:
The global Bio Based Cutlery market is segmented on the basis of:
Types
Spoon, Fork, Knife, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Household Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huhtamäki
- Packaging Finance
- Biodegradable Food Service
- Leafware
- Biotrem
- Anchor Packaging
- Koch Industries
- Biopac
- Natur-Tec
- NTIC
- Vegware
- Bio Futura
Highlights of The Bio Based Cutlery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spoon
- Fork
- Knife
- Others
- By Application:
- Commercial Use
- Household Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio Based Cutlery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio-based cutlery is made from natural materials like wood, bamboo, and cornstarch. These materials are processed into blades and other cutting utensils using traditional manufacturing methods. Bio-based cutlery is environmentally friendly because it does not require harsh chemicals or oil to produce.
Some of the major companies in the bio based cutlery market are HuhtamƒÂ¤ki, Packaging Finance, Biodegradable Food Service, Leafware, Biotrem, Anchor Packaging, Koch Industries, Biopac, Natur-Tec, NTIC, Vegware, Bio Futura.
The bio based cutlery market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bio Based Cutlery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bio Based Cutlery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bio Based Cutlery Market - Supply Chain
4.5. Global Bio Based Cutlery Market Forecast
4.5.1. Bio Based Cutlery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bio Based Cutlery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bio Based Cutlery Market Absolute $ Opportunity
5. Global Bio Based Cutlery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bio Based Cutlery Market Size and Volume Forecast by Type
5.3.1. Spoon
5.3.2. Fork
5.3.3. Knife
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bio Based Cutlery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bio Based Cutlery Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Household Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bio Based Cutlery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bio Based Cutlery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bio Based Cutlery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bio Based Cutlery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bio Based Cutlery Demand Share Forecast, 2019-2026
9. North America Bio Based Cutlery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bio Based Cutlery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bio Based Cutlery Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Household Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bio Based Cutlery Market Size and Volume Forecast by Type
9.7.1. Spoon
9.7.2. Fork
9.7.3. Knife
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bio Based Cutlery Demand Share Forecast, 2019-2026
10. Latin America Bio Based Cutlery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bio Based Cutlery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bio Based Cutlery Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Household Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bio Based Cutlery Market Size and Volume Forecast by Type
10.7.1. Spoon
10.7.2. Fork
10.7.3. Knife
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bio Based Cutlery Demand Share Forecast, 2019-2026
11. Europe Bio Based Cutlery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bio Based Cutlery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bio Based Cutlery Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Household Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bio Based Cutlery Market Size and Volume Forecast by Type
11.7.1. Spoon
11.7.2. Fork
11.7.3. Knife
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bio Based Cutlery Demand Share, 2019-2026
12. Asia Pacific Bio Based Cutlery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bio Based Cutlery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bio Based Cutlery Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Household Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bio Based Cutlery Market Size and Volume Forecast by Type
12.7.1. Spoon
12.7.2. Fork
12.7.3. Knife
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bio Based Cutlery Demand Share, 2019-2026
13. Middle East & Africa Bio Based Cutlery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bio Based Cutlery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bio Based Cutlery Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Household Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bio Based Cutlery Market Size and Volume Forecast by Type
13.7.1. Spoon
13.7.2. Fork
13.7.3. Knife
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bio Based Cutlery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bio Based Cutlery Market: Market Share Analysis
14.2. Bio Based Cutlery Distributors and Customers
14.3. Bio Based Cutlery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huhtamäki
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Packaging Finance
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Biodegradable Food Service
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Leafware
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Biotrem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Anchor Packaging
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Koch Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Biopac
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Natur-Tec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NTIC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Vegware
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bio Futura
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook