Biodegradable Cutlery Market Movements by Trend Analysis and Growth Status: Global Forecast to 2032
The global biodegradable cutlery market size was USD 37.73 million in 2023. The market is set to increase from 39.82 million in 2024 to USD 73.43 million by 2032 at a CAGR of 7.95% during 2024-2032. The rapid expansion of the food and beverage industry is boosting the usage of biodegradable cutlery in restaurants, fast food outlets, and hotels. The increasing need for food product packaging to extend its shelf life without harming the environment is driving the demand for biodegradable cutlery due to its biodegradable and durable nature. Fortune Business Insights™ shares this information in its report titled “Biodegradable Cutlery Market, 2024-2032.”
Top Companies Covered in the Biodegradable Cutlery Market:
Huhtamäki Oyj (Finland)
Pactiv Evergeen Inc. (U.S.)
Vegware Ltd. (U....