A recent report published by Infinium Global Research on edible tableware market provides in-depth analysis of segments and sub-segments in global as well as regional edible tableware market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional edible tableware market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global edible tableware market. According to report, the global edible tableware market is projected to grow at a healthy CAGR over the forecast period of 2018-2024.
The edible tableware comprises plates, bowls, and cutlery. This tableware product can be used to serve both hot as well as cold food items. This tableware product has a long shelf life as these products are dehydrated and do not contain moisture in it, owing to which microbial activity does not take place. Apart from being edible, this plates can be easily decomposed. After use, the tableware items decompose in 30 days. If a water is poured on the plates and left on the soil then it disintegrates faster. This edible tableware can be also used in microwave ovens.
The edible tableware is made with flours thus tastes and flavors can be easily added in the tableware. The commonly added tastes in the edible tableware are plain, sweet and savory. In the sweet version flavor like vanilla, strawberry and other fruit flavors. Also, the flavor of cherry, citrus or green tea can be added in the sweet version. While in the savory version, a combination of salt & pepper can be added, also spices flavor can be added to make it spicy.
The crisp taste of edible tableware lasts for 18 months, however, it can be increased up to 24 months, if not opened from its wrapper. These products can be even stored in dry airtight containers to maintain their crispness. These products can lose their crispness if the packaged packets are left open and the relative humidity outside environment is more than 75%. These are single time use products and once taken out of the wrapper, dipped in food, these products would absorb moisture.
Disposable tableware is ideal for having food during picnics, festivals, and parties at home when the number of invitees is more. The use of disposable plastic tableware eliminates the dishwashing activities which is a time-consuming process and requires several liters of waters for the dishwashing process. The disposable tableware products, most the times are made up of plastics. However, the production and utilization of plastics are burdensome for the environment.
The ideal decomposition of a plastic product takes around 450 years or more. To counter this problem, some companies have come up with disposable and edible tableware products. The use of edible tableware products is made to be a replacement for plastic disposable cutlery and bamboo disposable chopsticks. Also, the water used to produce edible tableware is less than the water used for washing & reusing the traditional plates. Furthermore, edible tableware can be easily decomposed within 30 days after its use, which adds uniqueness to edible tableware products compared to traditional products. The increasing awareness among the consumers regarding the use of environment-friendly products further facilitates growth in the edible tableware market. However, the edible tableware products can stale fast if they are stored near other grains and foodstuff that is prone to decompose fast. Besides this, the use of edible tableware products is costly which further limits the use of edible tableware market. Innovations in edible tableware machinery which further reduces the production cost and increases productivity increased awareness among consumers can create fruitful opportunities in the upcoming years. Furthermore, government imposition on the use of plastic disposable tableware products can boost the growth of this market.
Among the geographies, Europe dominates the edible tableware market. Increase adoption of edible tableware products during festivals, parties and hiking tours are the factors facilitating the growth of edible tableware in this region. Also, increasing environmental concerns and high disposable income among the citizens of this region contributes to the growth of the edible tableware market. Asia-Pacific region is expected to grow at the fastest rate owing to a number of manufacturers and distributors entering into this business. Also, this region has a huge population base and face huge environmental pollution problem owing to the extensive use of plastic products. With increasing adoption towards the use of edible tableware coupled with growing disposable income, this region is expected to grow at the fastest rate during the forecast period.
The report on global edible tableware market covers segments such as, by type and end user. On the basis of by type, the global edible tableware market is categorized into edible cups & straws, edible plates & bowls, edible cutlery, others (chopsticks, soup stirrers) and glass. On the basis of end user, the global edible tableware market is categorized into household, food joints & takeaways, hotels and others.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region.
The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global edible tableware market such as Bakeys Foods Private Limited, Biotrem, LOLIWARE LLC, Herald Plastic Limited and Diageo.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global edible tableware market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of edible tableware market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the edible tableware market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the edible tableware market to understand the present and future trends in this market and formulate their strategies accordingly.
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