Surging Demand For Packaged Food Drives Growth In The Bioplastics And Biopolymers Market: Strategic Insights Driving Bioplastics And Biopolymers Market Momentum in 2025

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How Large Will the Bioplastics And Biopolymers Market Size By 2025?
The bioplastics and biopolymers industry has witnessed a speedy expansion in its market size in recent periods. An upsurge from $11.81 billion in 2024 to $13.95 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 18.1% is anticipated. Factors catalyzing this growth during the historic period include a decrease in fossil fuel reliance, governmental regulations and policies, heightened environmental consciousness, customer inclination towards eco-friendly products, issues related to waste management, usage of renewable resources, initiatives for corporate sustainability, and public enlightenment campaigns.

How Big Is the Bioplastics And Biopolymers Market Size Expected to Grow by 2029?
The market of bioplastics and biopolymers is predicted to experience swift expansion in the coming years, with an estimation to reach $27.07 billion by 2029 growing at a compound annual growth rate (CAGR) of 18.0%. The anticipated progress during the predicted period can be ascribed to the escalating global plastic pollution predicament, rising consumer longing for eco-friendly packaging, bio-originated materials for fabrics and threads, government financial backing for research on bioplastic, the substitution of one-time-use plastics, and advent of advanced decomposable polymers, as well as the infrastructure advancements for bioplastic processing. The major upcoming trends for the predicted period include the ability to decompose and compost, using renewable raw materials, advancements in technology, hybrid substances, conversion of waste-to-bioplastics technologies, bio-derived PET (Polyethylene Terephthalate), life cycle evaluations (LCAs), and alliances and partnerships.

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Which Key Market Drivers Powering Bioplastics And Biopolymers Market Expansion and Growth?
The escalation in the necessity for processed foods is propelling the expansion of the bioplastics and biopolymers industry. Such foods and beverages are covered in a penetrable or non-penetrable substance to guard them against direct exposure to the environment and possible contaminants. Bioplastics and biopolymers assure the prolonged freshness of packaged food and drinks, shield them from dampness, contaminants, UV rays, and other factors, and offer a longer shelf life. For instance, in April 2022, as per the U.S. Department of Agriculture, the Consumer Price Index (CPI) for food consumed off-premises (restaurant purchases) escalated by 0.6% and was 7.2% greater than in April 2021, intensifying the consumption of packaging materials. Additionally, as per the Indian Brand Equity Foundation (IBEF), an entity established by the Department of Commerce India to endorse Indian merchandise, the processed food industry in India is projected to quadruple and touch US$70 billion in the ensuring five to ten years. Consequently, the swelling necessity for processed food is foreseen to boost the growth of the bioplastics and biopolymers industry in the subsequent years.

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Which Fast-Growing Trends Are Poised to Disrupt the Bioplastics And Biopolymers Market?
Product innovation is becoming a prominent trend in the bioplastics and biopolymers market. Leading businesses in this sector are creating innovative means of manufacturing bioplastics and biopolymers using algae, in order to maintain market dominance. These algae-based products are derived from water-dwelling or damp-surface plants that lack stems or leaves. For example, Kelpy, an Australian bioplastics startup, launched a bioplastic pellet made entirely of seaweed in April 2023. This was done in response to the pressing demand for environmentally friendly alternatives to conventional oil-based plastics. Just like traditional plastics, these bioplastic pellets offer robustness and flexibility. However, they are derived from renewable sources like corn starch, and are also biodegradable - thereby lessening long-term environmental damage. Given the fact that the primary raw material, Sargassum, is available without any cost, it is expected that this variety of plastic will be quite affordable. These pellets are designed to work with existing manufacturing machinery, which makes the shift from regular plastics hassle-free. This versatility also enables their use in multiple fields, ranging from food packaging to cosmetic containers.

What Are the Emerging Segments in the Bioplastics And Biopolymers Market?
The bioplastics and biopolymers market covered in this report is segmented -

1) By Type: Non-Biodegradable Or Biobased, Biodegradable, Other Types
2) By Raw Materials: Biomass, Natural Or Genetically Modified Organisms, Bio-Based Monomers, Petrochemicals
3) By End-Use Industry: Packaging, Consumer Goods, Automotive And Transportation, Textiles, Agriculture And Horticulture, Other End-Use Industries

Subsegments:
1) By Non-Biodegradable Or Biobased: Bio-Based Polyethylene (Bio-PE), Bio-Based Polypropylene (Bio-PP), Bio-Based Polyethylene Terephthalate (Bio-PET)
2) By Biodegradable: Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Starch-Based Plastics, Polybutylene Succinate (PBS)
3) By Other Types: Biocomposites, Bio-Based Thermoplastic Elastomers, Other Emerging Biopolymers

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Who Are the Global Leaders in the Bioplastics And Biopolymers Market?
Major companies operating in the bioplastics and biopolymers market are NatureWorks LLC, Odbinv S.A., BASF SE, TotalEnergies Corbion Ltd., Novamont S.P.A, Biome Bioplastics Limited, Mitsubishi Chemical Holding Corporation, Toray Industries Inc., Plantic Technologies Ltd., Bio-on Plants S.r.l., Eastman Chemical Company, Futamura Group, Danimer Scientific Inc., Corbion NV, Arkema SA, Cardia Bioplastics Limited, Eni S.p.A., FKuR Kunststoff GmbH, CCL Industries Inc., Kaneka Corporation, Metabolix Inc., NaturePlast, Newlight Technologies Inc., PTT MCC Biochem Company Limited, Rodenburg Biopolymers BV, Shenzhen Ecomann Biotechnology Co. Ltd., Showa Denko KK, Solanyl Biopolymers Inc., Solegear Bioplastic Technologies Inc., Stora Enso Oyj

Which are the Top Profitable Regional Markets for the Bioplastics And Biopolymers Industry?
North America was the largest region in the bioplastics and biopolymers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global bioplastics and biopolymers market share during the forecast period. The regions covered in the bioplastics and biopolymers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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