Biodegradable Tableware Market

Increasing adoption of non-toxic and petroleum-free products to boost the market growth

Expanding market demand is mostly due to growing worries about the harmful impacts of non-biodegradable plastics. Moreover, utilizing biodegradable silverware contributes to a decrease in ocean pollution. For example, in 2019 the US monthly magazine National Geographic claimed that because to the incapacity of single-use plastic to break down, 18 billion pounds of all varieties of plastic were polluting the ocean. In addition, the demand for biodegradable dinnerware is expected to increase in the upcoming years due to strict restrictions implemented by various governments worldwide that forbid the use of non-biodegradable plastics.

Because biodegradable tableware is single-use and guarantees a high quality of hygiene, it is crucial for preventing infections and the transmission of illnesses. This is especially true in hospitals and other locations where there is a significant danger of contamination.

Biodegradable tableware is made from residual materials like rice husk, coconut coir, and sugarcane bagasse, and is environmentally friendly. Growing public awareness of environmental issues is driving the global market for biodegradable tableware. The proliferation of recently founded green businesses worldwide is expanding the potential for creating and using biodegradable tableware. Growing public awareness of the negative effects of plastic, especially on birds and aquatic life, is driving the industry's growth. The ease of disposable plates is paired with the benefit of biodegradable tableware, which produces very little to no environmental damage.

It has raised the compound annual growth rate of the biodegradable tableware market worldwide in recent years.

Nonetheless, chains of upscale hotels, caterers, and quick service restaurants (QSRs) are aware of the advantages of utilizing eco-friendly disposable dinnerware. In an attempt to expand the market penetration of their products, disposable tableware producers have partnered with several QSR and hotel & restaurant chains to use compostable or biodegradable dinnerware. Furthermore, several companies, such as Edibles by Jack and Edible Pro, manufacture silverware and spoons, forks, and chopsticks that are intended for single use only.

The increasing global consciousness regarding environmental sustainability drives the Global Biodegradable Tableware Market Industry. Consumers are becoming more aware of the detrimental effects of plastic waste on ecosystems, prompting a shift towards biodegradable alternatives. This trend is evident as more individuals and businesses seek eco-friendly products, leading to a projected market value of 1 USD Billion in 2024. As awareness continues to grow, the demand for biodegradable tableware is likely to rise, influencing manufacturers to innovate and expand their product lines to meet consumer expectations.

Changing consumer preferences towards sustainable products are reshaping the Global Biodegradable Tableware Market Industry. A growing segment of the population is prioritizing eco-friendly options, leading to increased demand for biodegradable tableware in various sectors, including food service and catering. This shift is reflected in the rising number of restaurants and events opting for biodegradable products over traditional plastic. As consumers continue to favor sustainable choices, the market is expected to expand, aligning with broader trends in environmental responsibility and ethical consumption.

The expansion of the food delivery sector plays a pivotal role in the Global Biodegradable Tableware Market Industry. With the rise of online food ordering, there is a heightened need for disposable tableware that aligns with sustainability goals. Many food delivery services are now opting for biodegradable packaging to meet consumer demand for environmentally friendly options. This trend is likely to drive market growth, as the food delivery industry continues to flourish, further solidifying the position of biodegradable tableware as a preferred choice among consumers.

Government initiatives aimed at reducing plastic waste significantly influence the Global Biodegradable Tableware Market Industry. Many countries are implementing stringent regulations to limit single-use plastics, thereby encouraging the adoption of biodegradable options. For instance, various jurisdictions have introduced bans on plastic straws and utensils, which has led to a surge in demand for biodegradable alternatives. This regulatory environment is expected to contribute to the market's growth, with projections indicating a market value of 1.76 USD Billion by 2035, as businesses adapt to comply with new policies.

Technological innovations in the production of biodegradable materials are enhancing the feasibility and appeal of the Global Biodegradable Tableware Market Industry. Advances in manufacturing processes allow for the creation of more durable and cost-effective biodegradable products, which can compete with traditional plastic tableware. For example, the development of plant-based materials and improved composting techniques has made biodegradable tableware more accessible to consumers. As these technologies evolve, they are likely to stimulate market growth, contributing to an anticipated CAGR of 5.26% from 2025 to 2035.

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North America biodegradable tableware market accounted for USD 0.41billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to rising concerns about the ill effects of plastic tableware, rising emphasis on non-toxic and petroleum-free products, stringent rules & regulations on using single-use plastic products, rapid acceptance of takeaways and online food services and increasing preference for environment-friendly tableware in this region.

Further, the US biodegradable tableware market held the largest market share, and the Canada biodegradable tableware market was the fastest-growing market in the North America region.

Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: BIODEGRADABLE TABLEWARE MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe biodegradable tableware market accounts for the second-largest market share owing to consumers' awareness and inclination towards buying products that offer environmental benefits. Demand from the food service industry significantly influences the biodegradable disposable tableware market. Further, the Germany biodegradable tableware market held the largest market share, and the UK biodegradable tableware market was the fastest-growing market in the European region.

The Asia-Pacific biodegradable tableware market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to the rising demand for packaged foods, and online food delivery is anticipated to increase demand for biodegradable disposable tableware in the Asia-Pacific. Moreover, China biodegradable tableware market held the largest market share, and the India biodegradable tableware market was the fastest-growing market in the Asia-Pacific region.

Major market players are spending a lot of money on R&D to increase their product lines, which will help the biodegradable tableware market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the biodegradable tableware industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

Manufacturing locally to reduce operating costs is one of the primary business strategies manufacturers adopt in the biodegradable tableware industry to benefit clients and expand the market sector. The biodegradable tableware market major player such as Huhtamäki Oyj (Finland), Dart Container Corporation (US), Georgia-Pacific LLC (US), and others are working on expanding the market demand by investing in research and development activities.

Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus, user reviews of restaurants, and food delivery options from partner restaurants in more than 1,000 Indian cities as of 2022. In June 2022, Zomato announced its acquisition of Blinkit for US$568 million in an all-stock deal. The acquisition was done on August 10, 2022.

Also, Georgia-Pacific LLC is an American pulp and paper company based in Atlanta, Georgia. It is one of the world's largest manufacturers and distributors of tissue, pulp, paper, toilet and paper towel dispensers, packaging, building products and related chemicals. In August 2022, Georgia Pacific, a leading maker of tissue, pulp, packaging, and building products, expanded its operations and business in Clarendon County to cater to the rising demand of customers and increase its manufacturing capacity.