Rise in utilization in the airlines industry and advent of different flavors- and colors-based cutlery propel the growth of the global edible cutlery market.

PORTLAND, OR, UNITED STATES, February 9, 2022 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global edible cutlery market generated $27.2 million in 2019, and is projected to garner $56.9 million by 2026, witnessing a CAGR of 11.1% from 2019 to 2026.The report provides an extensive analysis of drivers & opportunities, top winning strategies, key segments, value chain, and competitive landscape.

Rise in utilization in the airlines industry and advent of different flavors- and colors-based cutlery propel the growth of the global edible cutlery market. However, expensive nature of this type cutlery hinders the market growth. On the other hand, supportive government initiativesfor minimization of carbon footprints are estimated to open up new opportunities in the coming years.

In-depth analysis of the COVID-19 impact on the Edible Cutlery Market@ https://www.alliedmarketresearch.com/request-for-customization/6383?reqfor=covid

Covid-19 Scenario:

Owing to lockdown imposed by governments across the world, hotels, restaurants, supermarkets, and online channels stopped their day-to-day operations. This resulted in a significant decline in demand for edible cutlery.
The production activities have been stopped due to closedown of production facilities,scarcity of raw materials, and disruption in supply chain.
As lockdown has been lifted off, the demand would grow steadily as hotels, retail stores, and online platform began their operations.

The report offers a detailed segmentation of the global edible cutlery market based on product, raw material, application, and region.

Based on product, the spoon segment accounted for the highest market share in 2019, contributing to more than one-third of total marketshare, and will maintain its dominant position throughout the forecast period. However, the spork segment is projected to grow at the highest CAGR of 13.2% from 2019 to 2026.

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Based on application, the household segment is projected to portray the fastest CAGR of 12.3% from 2019 to 2026.However, the commercial segment accounted for the highest share in 2019, holding more than four-fifths of the global edible cutlery market, and will continue to dominate during the forecast period.

Regionally, North America contributed to the highest market share in 2019, accounting for more than two-fifths of the total market, and will maintain its leadership status by 2026. However, Asia-Pacific is expected to witness the fastest CAGR of 12.7% during the forecast period.

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Key players of the global edible cutlery market analyzed in the research include GreenGood, Nature House Green, Better Earth, Green Home, BioGreenChoice, Biodegradable Food Service, Vegware, Karat, Biogreenchoice, and Edibles by Jack.

Table of Content:
CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1.1. Top impacting factors
2.1.2. Top investment pockets

2.2. CXO perspective

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