Global brands are introducing new line of multigrain flour made edible cutlery and herbal products for consumers, which contributes toward the growth of the market. Innovative product offerings such as fully organic and no-sugar flours by private labels as well as global brands for specific target group such as ethnic population, working population, athletes, and children is increasing the demand for edible cutlery, thereby driving the market growth.
The growth of the global edible cutlery is further driven by surge in vegan population in the developing countries, such as China and India. In addition, increase in per capita income coupled with increase in global population has increased the edible cutlery market demand for consumable cutlery, further raising the production of flour and other herbs. In emerging countries, per capita income is higher as compared to developed countries, and hence the consumption of edible cutleries is eventually higher.
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The global edible cutlery market size was valued at $24,860.0 thousand in 2018, and is expected to reach $56,970.4 thousand by 2026, registering a CAGR of 11.1% from 2019 to 2026. North America dominated the market in 2018, accounting for 41.8% of the total edible cutlery market share.
The global market is fragmented with the presence of several market participants across various regions. The strong presence of private label brands is expected to increase the competition among global players. The key players operating in the market include GreenGood, Better Earth, Nature House Green, BioGreenChoice, Green Home, Vegware, Biodegradable Food Service, Biogreenchoice, Karat, and Edibles by Jack.
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