The Cutting Boards market is estimated to be valued at US$ 1.29 Billion In 2022 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Cutting boards are flat surfaces used for food preparation, mainly chopping and slicing of various foods such as vegetables, fruits, meat, and seafood. They come in different materials such as wood, plastic, bamboo, glass, and others. Wood and bamboo cutting boards are considered better than plastic as they are more eco-friendly and less likely to harbor bacteria. However, plastic cutting boards are cheaper and don't require maintenance.
Market Dynamics:
The growth of the cutting boards market is driven by the growing trend of home cooking and rising health awareness among consumers. The COVID-19 pandemic has led more people to eat home-cooked meals rather than eating outside, driving up demand for cutting boards. Consumers are also increasingly interested in healthy and organic food options, favoring wood and bamboo boards over plastic counterparts. In addition, growing customer inclination towards aesthetically pleasing and sustainable kitchenware products is also fueling market growth. Furthermore, availability of cutting boards in various materials, sizes, colors and styles as per consumer needs also supports the Cutting Boards Market expansion.
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