Bioplastics Market Size, Trends and Insights By Type (Biodegradable Plastic, Non-biodegradable Plastic), By Application (Flexible Packaging, Rigid Packaging, Textiles, Coating & Adhesives, Agriculture & Horticulture, Consumer Goods, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Reports Description
As per the current market research conducted by the CMI Team, the Global Bioplastics Market is expected to record a CAGR of 19.6% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 16.7 Billion. By 2034, the valuation is anticipated to reach USD 89.2 Billion.
Bioplastics Market Overview
Bioplastics is a plastic which is developed from renewable biomass sources. Firstly, they are derived from natural materials such as shellac or cellulose. Since the late nineteenth century, they have been gradually replaced by fossil-fuel polymers made from petroleum or natural gas.
Bioplastics are regaining popularity in the context of the bioeconomy and circular economy. Conventional petro-based polymers are increasingly being combined with bioplastics to produce “bio-attributed” or “mass-balanced” plastic goods, making it difficult to distinguish between bioplastics and other plastics.
The bioplastics market is influenced by several factors such as rising demand for sustainable packaging, stringent government regulation, consumer awareness and preference for eco-friendly material and advancement in bioplastics technology and others. However, the high production cost is one of the major obstacles that hamper the industry’s growth.
- As per the European Bioplastics e.V., Bioplastics currently represent roughly half a percent of the almost 414 million tonnes* of plastics produced annually.
Bioplastics Market Growth Factors
Rising Environmental Concerns
The growing environmental concerns are a major force driving the bioplastics industry over the analysis period. The stringent government regulations across the globe to reduce landfilling, such as the United States’ 2030 Food Loss and Waste Reduction Goal, are increasing demand for bio-based or compostable bags used to collect food leftovers and other organic waste.
Similarly, the global implementation of a single-use plastic ban, as well as the Indian government’s ambitious biomanufacturing effort, are aiding bioplastics production.
In addition, eight states, including California, Connecticut, Delaware, Hawaii, Maine, New Jersey, New York, Oregon, Vermont, and Washington, had some type of statewide ban on single-use plastic bags by 2023, while prohibitions in Colorado and Rhode Island entered into force on January 1, 2024. Such activities are further increasing the bioplastics market share.
Increasing Collaboration To Launch An Innovative Product
The increasing collaboration among technology agencies and universities drives market growth. For instance, in September 2024, CSIRO, Australia’s national science agency, and Murdoch University inaugurated The Bioplastics Innovation Hub, a $8 million cooperation that will collaborate with industry partners to create a new generation of 100% compostable plastic. The Bioplastics Innovation Hub intends to transform plastic packaging by creating biologically produced plastic that degrades in compost, soil, or water. The Hub’s goal is to bring together professionals in microbiology, molecular genetics, synthetic biology, biochemical engineering, advanced manufacturing, and circular economy to translate advances in bioplastics research into real-world applications.
Bioplastics Market Challenge
High cost as compared to conventional ones
The primary obstacle to market expansion is the high cost of bioplastics as compared to conventional ones, even though they are becoming increasingly popular on a global basis. Since traditional plastics are very cheap, bioplastics are now finding it difficult to offer competitive prices.
In addition to being expensive, a lack of infrastructure for garbage collection and recycling complicates matters. People are increasingly willing to pay for the usage of bioplastics due to their value-added benefits and environmental friendliness, even though their production costs are high.
In addition, increased population and growing concerns about food shortages are expected to have an impact on the supply of raw materials for bioplastics in the coming years.
Bioplastics Market Segmentation Analysis
By Type:
The biodegradable plastic segment is expected to dominate the market. Increasing demand for bio-based plastics across a variety of end-use sectors is expected to drive segment expansion over the forecast period. The rise in demand for biodegradable plastics can be ascribed to the increased demand for personal protective equipment (PPE) and the preference for packaged food following the epidemic.
Besides, the non-biodegradable plastic segment growing at a rapid rate. Non-biodegradable bioplastics are widely employed in a variety of applications, including vehicle interiors, bottles, food packaging, shopping bags, films, carry bags, consumer goods, disposables, and electronics.
By Application:
The flexible packaging segment is expected to dominate the market. Bioplastic material innovations are increasing their suitability for flexible packaging solutions. Furthermore, an increasing need for eco-friendly products encourages producers to use bioplastic materials.
Besides, the agriculture & horticulture segment growing at a rapid rate. The segment expansion is attributed to the growing agriculture & horticulture sector and increasing stringent regulation to oppose conventional plastics as they create pollution such as in the soil, air and water.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 16.7 Billion |
| Projected Market Size in 2034 | USD 89.2 Billion |
| Market Size in 2024 | USD 14.9 Billion |
| CAGR Growth Rate | 19.6% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Type, Application and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Bioplastics Market Regional Analysis
Europe is projected to dominate the bioplastics market. The geographical expansion is attributed to the growing circular economy initiatives. According to the European Environment Agency, with a circularity rate of 11.8% in 2023, Europe consumes more recycled materials than other parts of the world, though recent progress has been modest. Policymakers have prioritized accelerating the transition to a circular economy.
However, the Asia Pacific is growing at a significant pace in the global bioplastics industry. The growing urbanization and increasing consumer awareness of plastic pollution are expected to drive the regional industry expansion.
Bioplastics Market Recent Development
The bioplastics industry adopted several strategies which include product launches, acquisitions, collaboration, expansion and others. Some of the company strategies include:
- In February 2024, TotalEnergies Corbion collaborates with Bluepha to create sustainable fibers using Luminy® PLA and Bluepha® PHA. As a result of the strategic agreement, established back in May 2023, the partnership between the two companies aims to advance the applications and development of Polylactic Acid (PLA) and Polyhydroxyalkanoates (PHA) products in the Chinese market.
- In June 2024, Floreon, a company specializing in bioplastics, secured USD 328.3 million in funding to scale up its bioplastics technology. This investment will help Floreon expand its production capabilities and enhance its product offerings in the sustainable materials market. The funding is expected to accelerate the development and commercialization of its innovative bioplastic solutions, helping the company fulfil the growing demand for environmentally friendly alternatives to traditional plastics.
The increasing investment and rising collaboration among the key players are the strategies that have expanded the market presence of the company in the bioplastics industry and gained its competitive edge.
List of the prominent players in the Bioplastics Market:
- BASF SE
- Biome Technologies Plc.
- CJ CheilJedang Corp.
- Corbion N.V.
- Danimer Scientific
- Dow Inc.
- Eastman Chemical Company
- LG Chem
- Kuraray Co. Ltd.
- Mitsubishi Chemical Holdings
- Novamont S.P.A
- SKC
- Others
The Bioplastics Market is segmented as follows:
By Type
- Biodegradable Plastic
- Non-biodegradable Plastic
By Application
- Flexible Packaging
- Rigid Packaging
- Textiles
- Coating & Adhesives
- Agriculture & Horticulture
- Consumer Goods
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Bioplastics Market, (2025 – 2034) (USD Billion)
- 2.2 Global Bioplastics Market : snapshot
- Chapter 3. Global Bioplastics Market – Industry Analysis
- 3.1 Bioplastics Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising Environmental Concerns
- 3.2.2 Increasing Collaboration To Launch An Innovative Product.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Bioplastics Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Bioplastics Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Bioplastics Market – Type Analysis
- 5.1 Global Bioplastics Market overview: By Type
- 5.1.1 Global Bioplastics Market share, By Type, 2024 and 2034
- 5.2 Biodegradable Plastic
- 5.2.1 Global Bioplastics Market by Biodegradable Plastic, 2025 – 2034 (USD Billion)
- 5.3 Non-biodegradable Plastic
- 5.3.1 Global Bioplastics Market by Non-biodegradable Plastic, 2025 – 2034 (USD Billion)
- 5.1 Global Bioplastics Market overview: By Type
- Chapter 6. Global Bioplastics Market – Application Analysis
- 6.1 Global Bioplastics Market overview: By Application
- 6.1.1 Global Bioplastics Market share, By Application, 2024 and 2034
- 6.2 Flexible Packaging
- 6.2.1 Global Bioplastics Market by Flexible Packaging, 2025 – 2034 (USD Billion)
- 6.3 Rigid Packaging
- 6.3.1 Global Bioplastics Market by Rigid Packaging, 2025 – 2034 (USD Billion)
- 6.4 Textiles
- 6.4.1 Global Bioplastics Market by Textiles, 2025 – 2034 (USD Billion)
- 6.5 Coating & Adhesives
- 6.5.1 Global Bioplastics Market by Coating & Adhesives, 2025 – 2034 (USD Billion)
- 6.6 Agriculture & Horticulture
- 6.6.1 Global Bioplastics Market by Agriculture & Horticulture, 2025 – 2034 (USD Billion)
- 6.7 Consumer Goods
- 6.7.1 Global Bioplastics Market by Consumer Goods, 2025 – 2034 (USD Billion)
- 6.8 Others
- 6.8.1 Global Bioplastics Market by Others, 2025 – 2034 (USD Billion)
- 6.1 Global Bioplastics Market overview: By Application
- Chapter 7. Bioplastics Market – Regional Analysis
- 7.1 Global Bioplastics Market Regional Overview
- 7.2 Global Bioplastics Market Share, by Region, 2024 & 2034 (USD Billion)
- 7.3. North America
- 7.3.1 North America Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.3.1.1 North America Bioplastics Market, by Country, 2025 – 2034 (USD Billion)
- 7.3.1 North America Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.4 North America Bioplastics Market, by Type, 2025 – 2034
- 7.4.1 North America Bioplastics Market, by Type, 2025 – 2034 (USD Billion)
- 7.5 North America Bioplastics Market, by Application, 2025 – 2034
- 7.5.1 North America Bioplastics Market, by Application, 2025 – 2034 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.6.1.1 Europe Bioplastics Market, by Country, 2025 – 2034 (USD Billion)
- 7.6.1 Europe Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.7 Europe Bioplastics Market, by Type, 2025 – 2034
- 7.7.1 Europe Bioplastics Market, by Type, 2025 – 2034 (USD Billion)
- 7.8 Europe Bioplastics Market, by Application, 2025 – 2034
- 7.8.1 Europe Bioplastics Market, by Application, 2025 – 2034 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.9.1.1 Asia Pacific Bioplastics Market, by Country, 2025 – 2034 (USD Billion)
- 7.9.1 Asia Pacific Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.10 Asia Pacific Bioplastics Market, by Type, 2025 – 2034
- 7.10.1 Asia Pacific Bioplastics Market, by Type, 2025 – 2034 (USD Billion)
- 7.11 Asia Pacific Bioplastics Market, by Application, 2025 – 2034
- 7.11.1 Asia Pacific Bioplastics Market, by Application, 2025 – 2034 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.12.1.1 Latin America Bioplastics Market, by Country, 2025 – 2034 (USD Billion)
- 7.12.1 Latin America Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.13 Latin America Bioplastics Market, by Type, 2025 – 2034
- 7.13.1 Latin America Bioplastics Market, by Type, 2025 – 2034 (USD Billion)
- 7.14 Latin America Bioplastics Market, by Application, 2025 – 2034
- 7.14.1 Latin America Bioplastics Market, by Application, 2025 – 2034 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Bioplastics Market, by Country, 2025 – 2034 (USD Billion)
- 7.15.1 The Middle-East and Africa Bioplastics Market, 2025 – 2034 (USD Billion)
- 7.16 The Middle-East and Africa Bioplastics Market, by Type, 2025 – 2034
- 7.16.1 The Middle-East and Africa Bioplastics Market, by Type, 2025 – 2034 (USD Billion)
- 7.17 The Middle-East and Africa Bioplastics Market, by Application, 2025 – 2034
- 7.17.1 The Middle-East and Africa Bioplastics Market, by Application, 2025 – 2034 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 BASF SE
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Biome Technologies Plc.
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 CJ CheilJedang Corp.
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Corbion N.V.
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Danimer Scientific
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Dow Inc.
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Eastman Chemical Company
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 LG Chem
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Kuraray Co. Ltd.
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Mitsubishi Chemical Holdings
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Novamont S.P.A
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 SKC
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Others.
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.1 BASF SE
List Of Figures
Figures No 1 to 23
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- BASF SE
- Biome Technologies Plc.
- CJ CheilJedang Corp.
- Corbion N.V.
- Danimer Scientific
- Dow Inc.
- Eastman Chemical Company
- LG Chem
- Kuraray Co. Ltd.
- Mitsubishi Chemical Holdings
- Novamont S.P.A
- SKC
- Others
FAQs
The key factors driving the Market are Rising Environmental Concerns, Increasing Collaboration To Launch An Innovative Product.
The “Flexible Packaging” had the largest share in the global market for Bioplastics.
The “Biodegradable Plastic” category dominated the market in 2024.
The key players in the market are BASF SE, Biome Technologies Plc., CJ CheilJedang Corp., Corbion N.V., Danimer Scientific, Dow Inc., Eastman Chemical Company, LG Chem, Kuraray Co. Ltd., Mitsubishi Chemical Holdings, Novamont S.P.A, SKC, Others.
“North America” is expected to dominate the market over the forecast period.
The global market is projected to grow at a CAGR of 19.6% during the forecast period, 2025-2034.
The Bioplastics Market size was valued at USD 16.7 Billion in 2025.