Production of Eco-Friendly Biodegradable Cutlery
Manufacturing of Rice Husk Based Biodegradable Cutlery. Disposable Products – Business and Investment Opportunities.
Biodegradable plastics are plastics that can be decomposed by the action of living organisms, usually microbes, into water, carbon dioxide, and biomass. Biodegradable plastics are commonly produced with renewable raw materials, micro-organisms, petrochemicals, or combinations of all three.
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These Cutlery is fully compostable and biodegradable in approximately 100 days in properly maintained compost facilities. These eco-friendly products are perfect for restaurants, cafeterias, business functions, trade shows, festivals and fairs, catering. Compostable or biodegradable bio-plastics, most commonly used for utensils, are marketed as a sustainable alternative to single-use plastic.
Market Outlook
The global biodegradable cutlery market size was accounted for USD 33.9 million, in 2018 and is projected to grow at significant rate of CAGR of 5.9% during the forecast period, 2019 to 2025. The growing awareness about hazardous impacts of non-biodegradable waste is expected to positively affect the market growth.
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Increasing consumer awareness regarding the detrimental effects of using non-biodegradable products is among the key factors driving the growth of the market. Furthermore, the implementation of favorable government regulations discouraging the use of plastic tableware and other products is also providing a boost to the market growth.
Biodegradable cutlery has gathered groundswell of interest among consumer worldwide due to compelling environmental reasons. To that end, augmenting the popularity of biodegradable utensils are their better sustainability than plastics cutlery and the salient environmental-friendliness of biodegradable materials. In particular, biodegradable cutlery made of plant-based materials and biodegradable bio-plastics have attracted widespread attention world over. Over the years, several countries have made concerted efforts to increase the awareness about the scope of disposability of biodegradable cutlery products. The biodegradable cutlery market has also seen advancements in educating end users about the correct procedures and limitations involved.
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Rising awareness of using biodegradable products and its impact is considered the key factors driving the market growth. In addition to this, strict government rules on using plastic are also augmenting market growth. Apart from this, growing food and beverage industry and the rising trend of online food delivery, is also boosting the market growth. Other factors such as rising disposable incomes, growing preferences for organic products among consumers and rising R&D activities are expected to drive the market in the upcoming year.
Related Project: – Biodegradable, Eco-Friendly Cutlery using Rice Husk (Rice Hulls or Rice Husks)
The Biodegradable Cutlery market has been reporting substantial growth rates with considerable CAGR for the last couple of decades. the Biodegradable Cutlery market is expected to grow more vigorously during the forecast period and it can also influence the global economic structure with a higher revenue share. The Biodegradable Cutlery market also holds the potential to impact its peers and parent Biodegradable Cutlery market as the growth rate of the market is being accelerated by increasing product demand, growing disposable incomes, innovative products, raw material affluence, and changing consumption technologies.
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The Major Players in the Biodegradable Cutlery Market include:
- Eco-Products
- Dixie
- World Centric
- Lollicup USA
- AmerCareRoyal
- Biodegradable Food Service
- BioPak
- Vegware
- Ecovita
- Minima
- Dalian Yada Industrial
- NaturePac
Related Projects: – Disposable Products and Projects