Surging Demand For Packaged Food Drives Growth In The Bioplastics And Biopolymers Market: Transformative Forces Shaping the Bioplastics And Biopolymers Market Landscape in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Bioplastics And Biopolymers Industry Market Size Be by 2025?
The market size for bioplastics and biopolymers has witnessed rapid growth in the past couple of years. The market is projected to expand from a value of $11.81 billion in 2024 to $13.83 billion in 2025, with a compound annual growth rate (CAGR) of 17.1%. Major forces driving the historical growth include a decrease in reliance on fossil fuels, governmental regulations and policies, a greater consciousness about the environment, customer inclination towards products that are sustainable, issues related to waste management, utilization of renewable resources, initiatives for corporate sustainability, and a rise in public awareness campaigns.

What's the Long-Term Growth Forecast for the Bioplastics And Biopolymers Market Size Through 2029?
The market for bioplastics and biopolymers is set to witness substantial growth in the forthcoming years, skyrocketing to $26.53 billion in 2029 with a 17.7% compound annual growth rate (CAGR). The anticipated growth during the forecasted period is largely due to the escalating worldwide plastic pollution dilemma, a rise in consumer preference for eco-friendly packaging, the utilization of bio-based materials in textiles and fibers, governmental investment in bioplastics research, substitution of disposable plastics, the advent of advanced bio-degradable polymers, and developmental infrastructure for bioplastic processing. Key trends projected during the forecast period consist of biodegradability and compostability, renewable raw materials, technological progressions, hybrid materials, waste-to-bioplastics technologies, bio-based PET (polyethylene terephthalate), life cycle assessments (LCAs), and strategic collaborations and alliances.

View the full report here:
https://www.thebusinessresearchcompany.com/report/bioplastics-and-biopolymers-global-market-report

What Are the Key Growth Drivers Fueling the Bioplastics And Biopolymers Market Expansion?
The uptick in demand for packaged food items is fueling the expansion of the bioplastics and biopolymers market. Designed to protect consumables from the environment and various pollutants, packaged foods are either foods or drinks that have been enveloped in a material that either lets in or keeps out air. Using bioplastics and biopolymers to package these goods makes them last longer, shields them from environmental elements such as moisture, pollutants and UV radiation, and extends their shelf life. For example, in April 2022, the U.S. Department of Agriculture revealed that the Consumer Price Index (CPI) for food eaten outdoors (in restaurants) had shot up by 0.6% and was a notable 7.2% higher than the same month the previous year, which had a direct correlation with increased usage of packing materials. In addition, according to the Indian Brand Equity Foundation (IBEF), a body instituted by the Department of Commerce India to advocate for Indian products, India's market for packaged food is anticipated to multiply fourfold and hit a whopping US$70 billion within the next half a decade to a full decade. Hence, the escalating demand for packaged food items is likely to boost the bioplastics and biopolymers market in the ensuing years.

Get your free sample here:
#Claim Your Free Sample Report:#

What Are the Key Trends Driving Bioplastics And Biopolymers Market Growth?
In the bioplastics and biopolymers market, a key trend is product innovation. The primary businesses in this market are consistently coming up with creative ways to manufacture bioplastics and biopolymers from algae in an effort to maintain their market presence. Bioplastics and biopolymers deriving from algae originate from plants lacking stems or leaves and thrive in water or moist surface areas. For example, Kelpy, an Australian bioplastics startup, released a seaweed-based bioplastic pellet in April 2023 to cater to the urgent requirement for eco-friendly alternatives to conventional oil-based plastics. Bioplastic pellets, crafted from renewable sources like cornstarch, offer comparable mechanical characteristics to conventional plastics, including durability and flexibility, while also being biodegradable, mitigating long-term environmental harms. Given that the raw material, Sargassum, is available at no charge, it is projected that these plastics will be affordable. These pellets are designed to work with existing manufacturing machinery, ensuring an uninterrupted shift from traditional plastics. Their adaptability permits usage in an extensive array of applications, ranging from food packaging to cosmetic containers.

How Is the Bioplastics And Biopolymers Market Segmented?
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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8518&type=smp

Which Companies Are Leading the Charge in Bioplastics And Biopolymers Market Innovation?
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 Regions Are Leading the Global Bioplastics And Biopolymers Market in Revenue?
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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8518

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Reach out to us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

The Business Research Company, with over 17,500+ reports across 27 industries and 60+ geographies, backed by 1,500,000 datasets and insights from industry leaders, offers comprehensive market intelligence through its flagship product, the Global Market Model (GMM), delivering updated forecasts for informed decision-making.

This release was published on openPR.