Biodegradable Plastics Market Set for Strong Growth at 13.3% CAGR During by 2031, Led by Asia Pacific's 45% Market Share | DataM Intelligence

The Global Biodegradable Plastics Market is projected to grow at a strong CAGR of 13.3% during 2024-2031.

This growth is driven by rising demand for eco-friendly packaging, increasing regulatory pressure to reduce plastic waste, and growing consumer preference for sustainable materials. Additionally, advancements in biopolymer technologies and wider adoption across food packaging, agriculture, and consumer goods are further boosting market expansion.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/biodegradable-plastics-market?ram

United States: Key Industry Developments
✅ November 2025: NatureWorks launched a new generation of Ingeo PLA biopolymers with improved heat resistance and compostability, expanding use in food packaging and consumer goods to strengthen U.S. market leadership in biodegradable solutions.

✅ October 2025: Precedence Research highlighted starch-based biodegradable plastics dominating the market, driven by demand in packaging and agriculture for their low toxicity and carbon footprint reduction.

Europe: Key Industry Developments
✅ November 2025: Braskem unveiled I'm green bio-based high-density polyethylene for non-wovens and MDO films from sugarcane ethanol at K 2025 in Düsseldorf, enhancing recyclability for packaging like flow packs and labels.

✅ October 2025: FKuR showcased sustainable bioplastics and recyclates at K 2025 trade fair in Düsseldorf, focusing on innovative solutions for a recyclable plastics future.

✅ August 2025: European Bioplastics announced the Horizon Europe-funded GRECO project for innovative biobased, biodegradable, and recyclable food packaging using novel PLA materials.

Key Merges and Acquisitions(2025):
✅ TotalEnergies Corbion introduces sustainable packaging for Luminy® PLA: In October 2025, TotalEnergies Corbion launched redesigned bags for its Luminy® PLA, featuring 30% post-industrial recycled (PIR) content, reflecting its commitment to circularity and sustainability.

✅ Novamont gains EU certification for Mater-Bi mulch film: In November 2025, Novamont obtained the certificate of conformity with the EU Fertilizer Regulation for its Mater-Bi mulch film, confirming its biodegradability in soil for agricultural applications.

✅ BASF and IFF announce collaboration on enzymatic biomaterials: In October 2025, BASF and International Flavors & Fragrances (IFF) partnered to accelerate the development of next-generation enzyme and polymer technologies, including applications in sustainable cleaning and care products.

✅ BASF India signs agreement for renewable energy: In November 2025, BASF India signed a Share Purchase Agreement with Clean Max Enviro Energy Solutions for a hybrid solar and wind farm, demonstrating a commitment to securing renewable power for its manufacturing sites.

Market Segmentation Analysis:
-By Type: Starch Blends Lead, PLA and PHA Grow Fast
The starch blends segment holds the highest market share in the biodegradable plastics market, accounting for the largest portion in 2025 due to its eco-friendly nature, versatility, and broad end-use applications like packaging, agriculture, and consumer goods. PLA (Polylactic Acid) and PHA (Polyhydroxyalkanoates) are also significant segments, with PHA expected to witness the fastest growth rate owing to superior biodegradability and increasing industrial composting demand. PLA maintains strong market presence due to cost-effectiveness and attractive mechanical properties.

-By End-User: Packaging Dominates with Largest Share
Packaging leads the end-user segmentation with the biggest market share in 2025, driven by the consumer shift toward bio-based, sustainable alternatives for food wraps, bags, cups, and containers. Consumer goods follow, using biodegradable plastics for items like disposable cutlery and electronic appliance casings. Agriculture & horticulture is a growing segment, especially for biodegradable films and mulch applications that support sustainable farming practices.

Purchase this report before year-end and unlock an exclusive 30% discount: https://www.datamintelligence.com/buy-now-page?report=biodegradable-plastics-market?ram (Purchase 2 or more Reports and get 50% Discount)

Growth Drivers:
-Stringent government regulations and bans on single-use plastics: Policies -prohibiting non-degradable plastics worldwide are accelerating the shift toward biodegradable alternatives, particularly in packaging and agriculture.​

-Rising environmental awareness and plastic pollution concerns: Growing recognition of plastic waste's impact on ecosystems and landfills is driving demand for sustainable materials that decompose naturally.​

-Increasing consumer demand for eco-friendly products: Shoppers' preference for green packaging and willingness to pay premiums for sustainable options are boosting market adoption across retail and consumer goods.​

-Technological advancements in biodegradable materials: Innovations in starch-based, PLA, and PHA plastics improve properties like cost, performance, and scalability, making them competitive with traditional plastics.​

-Expansion in key applications like packaging and agriculture: Dominance in food packaging and rapid growth in eco-friendly farming solutions, such as mulching films, fuel demand in high-volume sectors.​

-Rapid growth in emerging regions like Asia-Pacific: Large populations, agricultural expansion, and industrialization in countries like China and India are propelling adoption in consumer goods and farming.

Regional Insights:
-Asia Pacific commands the largest share of the global biodegradable plastics market, estimated at around 45% based on recent analyses, fueled by rapid industrialization, a vast consumer base in countries like China and India, booming e-commerce packaging needs, and strong agricultural applications leveraging the region's abundant land resources. Government initiatives promoting sustainable materials and rising demand in food & beverage sectors further accelerate growth here, positioning it as the fastest-expanding region with high CAGRs projected through 2030.​

-Europe follows with approximately 22% market share, driven by stringent environmental regulations, robust single-use plastic bans, and leadership in bio-based production technologies. Countries like Germany and the UK prioritize compostable alternatives in packaging and consumer goods, supported by public awareness and corporate sustainability goals.​

-North America holds about 22% of the market, bolstered by advanced manufacturing capabilities in the US and Canada, alongside increasing adoption in sustainable packaging and agriculture amid growing ESG pressures. Regulatory pushes for reducing plastic waste and investments in bio-plastics innovation contribute to steady expansion in this mature market.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/biodegradable-plastics-market?ram

Key Players:
BASF | NatureWorks | Mitsubishi Chemical | Total Corbion PLA | Plantic Technologies | Biome Bioplastics | Bio-On | Danimer Scientific | Toray Industries | Novamont S.p.A.

Key Highlights (Top 5 Key Players) for Biodegradable Plastics Market:

-BASF SE leads with significant biodegradable plastics contributions within its €11 billion in sales from recent R&D innovations in sustainable materials.​

-NatureWorks LLC drives PLA-based bioplastics growth as a top US player in the expanding market projected at USD 6.3 billion in 2025.​

-Mitsubishi Chemical Corporation advances biodegradable polymer solutions amid rising global demand for eco-friendly alternatives.​

-Total Corbion PLA (formerly TotalEnergies Corbion) specializes in PLA production, supporting market forecasts to USD 14.42 billion by 2035.​

-Novamont S.p.A. excels in starch-based bioplastics, positioning as a European leader in the sector's 8.63% CAGR trajectory.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?ram

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.