Middle East & Africa Biodegradable Cutlery Market Size & Outlook
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MEA biodegradable cutlery market highlights
- The MEA biodegradable cutlery market generated a revenue of USD 3.9 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating raw material in 2023.
- Paper is the most lucrative raw material segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 3.9 million |
| Market revenue in 2030 | USD 6.4 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Paper |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood, Husk, Paper, Plastic |
| Key market players worldwide | Huhtamäki Oyj, Biorem Inc, Pactiv Evergreen Inc Ordinary Shares, GreenGood Eco-Tech, Bionatic, Genpak, Eco Guardian, Vegware, BioPak |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.3% of the global biodegradable cutlery market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 20.3 million by 2030.
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Biodegradable Cutlery Market Scope
Biodegradable Cutlery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BioPak | View profile | 101-250 | Bondi, New South Wales, Australia, Oceania | https://www.biopak.com.au/ |
| Vegware | View profile | 101-250 | Edinburgh, Edinburgh, City of, United Kingdom, Europe | https://www.vegware.com/uk-en/ |
| Eco Guardian | View profile | 11-50 | Newmarket, Ontario, Canada, North America | https://ecoguardian.com |
| Genpak | View profile | 1001-5000 | Charlotte, North Carolina, United States, North America | http://www.genpak.com |
| Bionatic | View profile | 11-50 | Bremen, Bremen, Germany, Europe | https://bionatic.com/ |
| GreenGood Eco-Tech | View profile | 11-50 | Dubai, Dubai, United Arab Emirates, Asia | https://www.greengood.ae |
| Pactiv Evergreen Inc Ordinary Shares | View profile | 15000 | 1900 West Field Court, Lake Forest, IL, United States, 60045 | https://www.pactivevergreen.com |
| Biorem Inc | View profile | 57 | 7496 Wellington Road 34, RR Number 3, Puslinch, Guelph, ON, Canada, N1H 6H9 | https://www.biorem.biz |
| Huhtamäki Oyj | View profile | 17868 | Revontulenkuja 1, Espoo, Finland, 02100 | https://www.huhtamaki.com |
Middle East & Africa biodegradable cutlery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable cutlery market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 28.21% in 2023. Horizon Databook has segmented the Middle East & Africa biodegradable cutlery market based on wood, husk, paper, plastic covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa biodegradable cutlery market databook
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Our clientele includes a mix of biodegradable cutlery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa biodegradable cutlery market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa biodegradable cutlery market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Biodegradable Cutlery Market Outlook Share, 2023 & 2030 (US$M)
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