Global Bioplastics Market Size, Share, Growth and Trend Analysis Report, 2032

Summary
Market Landscape
Methodology
Table of Contents

Global Bioplastics Market Size, Share, Growth, and Trend Analysis Report, By Type (Bio-Based Biodegradables (Starch-Based, Polylactic Acid, Polyhydroxyalkanoates, Polyesters, and Others) and Bio-Based Non-Biodegradables (Bio Polyethylene Terephthalate, Bio Polyethylene, Bio Polyamides, Bio Poly Trimethylene Terephthalate, and Others)), By Applications, and By Region (Asia Pacific, Europe, North America, Latin America, and Middle East & Africa) and Forecasts 2025 – 2032.

Bioplastics are plastics derived from renewable sources like plant starch, sugarcane, or algae and can be either biodegradable or non-biodegradable. While some bioplastics decompose naturally, others have the same durability as conventional plastics but offer a reduced carbon footprint due to their bio-based origin.

The Global Bioplastics Market was valued at approximately USD XX billion in 2024. It is projected to grow to USD XX billion by 2032, with an estimated compound annual growth rate (CAGR) of around 17% from 2025 to 2032.

Industry Trends

The Bioplastics Market is evolving with innovations in bio-based, biodegradable, and compostable materials, enhancing durability, flexibility, and barrier properties. Growing demand for sustainable alternatives is driving research into advanced biopolymers like PHA, PLA, and bio-based PET, supporting the transition to a circular economy.

Key drivers include strict regulations on plastic waste, corporate sustainability goals, and rising consumer demand for eco-friendly products.

The packaging, agriculture, automotive, and healthcare sectors are rapidly adopting bioplastics, while advancements in production technology are making them more competitive with conventional plastics.

However, some challenges remain, such as high production costs, limited recycling infrastructure, and performance trade-offs. Dependence on agricultural feedstocks raises sustainability concerns, while inconsistent global regulations create market uncertainties. Nevertheless, ongoing innovations in cost-efficient manufacturing and end-of-life solutions are expected to drive wider adoption of bioplastics.

Industry Expert's Opinion:

Sarah Harbarth, KUORI, CEO & Founder

“The main challenge is changing the mindset around recycling and raising awareness about biodegradation and the use of alternative plastics. Another hurdle is obtaining various certifications as a small company. Each certificate has different requirements, like ensuring food safety. We're prioritizing the most relevant certifications for our initial market entry.”

TT Consultants’ Perspective

The Bioplastics Market is experiencing significant growth, fueled by the increasing demand for sustainable, eco-friendly materials across diverse sectors like packaging, automotive, agriculture, and textiles. Companies are focusing on developing bio-based alternatives to conventional plastics, with an emphasis on biodegradable and recyclable solutions.

Innovations in material science, such as advancements in PLA, PHA, and bio-based polyolefins, are enhancing the properties of bioplastics, making them more versatile and suitable for a wide range of applications. As industries shift toward more sustainable practices, key players are expanding their product offerings and forming strategic partnerships to accelerate the development of next-generation bioplastics.

Collaborations between bioplastic manufacturers and technology providers are driving innovation, helping to meet growing environmental regulations and consumer demands for eco-conscious alternatives. The future of the bioplastics market looks promising, with ongoing investments in R&D and a strong focus on sustainability, ensuring continued growth and market expansion.

Market Segmentation

1. By Type (Bio-Based Biodegradables (Starch-Based, Polylactic Acid, Polyhydroxyalkanoates, Polyesters, and Others) and Bio-Based Non-Biodegradables (Bio Polyethylene Terephthalate, Bio Polyethylene, Bio Polyamides, Bio Poly Trimethylene Terephthalate, and Others)

The Bioplastics Market is segmented into Bio-Based Biodegradables and Bio-Based Non-Biodegradables, with the Bio-Based Biodegradables segment holding the largest market share of XX% in 2024. This dominance is driven by the rising demand for compostable and eco-friendly packaging, particularly in the food & beverage and consumer goods sectors. Among these, starch-based bioplastics and polylactic acid (PLA) lead the market due to their cost-effectiveness and widespread adoption in disposable products.

The Bio-Based Non-Biodegradables segment is also witnessing strong growth, driven by its high durability, recyclability, and suitability for long-term applications. Bio-based polyethylene (Bio-PE) and bio-based polyethylene terephthalate (Bio-PET) are widely used in packaging, automotive, and textile industries, benefiting from their compatibility with existing recycling systems.

2. By Application (Flexible Packaging, Rigid Packaging, Automotive and Assembly Operations, Agriculture and Horticulture, Construction, Textiles, Electrical and Electronics, and Other Applications)

The Bioplastics Market is primarily driven by flexible and rigid packaging, which holds the largest share of XX% in 2024. The shift toward sustainable packaging solutions is fueled by regulations on single-use plastics and growing consumer awareness. Materials like PLA, starch-based bioplastics, and bio-PET are widely used in food, beverage, and personal care packaging due to their durability, compostability, and recyclability.

The automotive and assembly operations sector is seeing increased adoption of bio-based polyamides (Bio-PA) and bio-PTT, which offer lightweight and durable alternatives for interior components, seating, and under-the-hood applications. In agriculture and horticulture, biodegradable solutions like mulch films and plant pots are helping to reduce plastic waste and improve sustainability.

3. By Region (Asia Pacific, Europe, North America, Latin America and Middle East & Africa)

The Bioplastics Market is led by Europe, holding the largest share of XX% in 2024, driven by strict regulations on plastic waste and a strong push for sustainable solutions. The region excels in bioplastic production and composting infrastructure, particularly in packaging and automotive applications.

North America is also seeing robust growth, supported by increased demand for eco-friendly products and corporate sustainability goals, particularly in biodegradable packaging and automotive parts.

Asia Pacific is expected to experience the highest growth with a CAGR of XX%, with strong adoption of bioplastics in packaging and agriculture, particularly in China, India, and Japan. The region’s expanding manufacturing capacity and growing environmental awareness will drive this growth.

Meanwhile, Latin America and the Middle East & Africa are emerging markets, with bioplastics gaining traction in agriculture, construction, and automotive applications, although challenges like high production costs and limited infrastructure remain.

Competitive Scenario

The Global Bioplastics Market is dominated by leading companies such as TEIJIN LIMITED, Toray Industries, Inc., Toyota Tsusho Corporation, Avantium, and PTT MCC Biochem Co., Ltd., which together hold the largest market share and shape industry trends across sectors like packaging, automotive, and textiles.

Key players like NatureWorks LLC and An Phat Holdings focus on biodegradable solutions, while SABIC and BASF are expanding their offerings in bio-based non-biodegradable polymers such as bio-PE and bio-PET. To stay competitive, these companies are investing in bioplastic innovation, recyclable materials, and bio-based alternatives, while forming strategic partnerships and pursuing mergers and acquisitions to strengthen their positions and meet growing sustainability demands.

Recent Developments and Strategic Activities:

In January 2025, UConn Researchers Partner with Bioplastics Company to Examine Biodegradable Plastics. A study led by marine sciences Ph.D. student Hannah Collins found that Novamont’s Mater-Bi, a starch-based polymer, degraded significantly faster than traditional plastics—showing promise for reducing marine pollution.
In November 2024, Bioplastics emerge as green alternative revenue play for sugar producers.
In November 2024, An Odisha-based startup has been addressing environmental and food waste challenges by converting seafood waste into bioplastics. The startup, located in Balasore, has been using waste generated from seafood to make biopolymers (raw material for making bioplastics) which can be used in diverse field such as packaging, agriculture and functional food.
In June 2024, Floreon, a leader in bioplastics, secured USD 328.3 million in funding to advance its bioplastics technology. This investment will enable Floreon to increase its production capacity and expand its range of sustainable materials. The funding is set to speed up the development and commercialization of the company’s innovative bioplastic solutions, positioning it to meet the rising demand for eco-friendly alternatives to conventional plastics.
In February 2024, Balrampur Chini Mills Limited (BCML), one of India’s top sugar producers, unveiled a USD 238.5 million forward integration initiative to establish the country’s first-ever industrial bioplastic plant. This project aims to produce Polylactic Acid (PLA), a sustainable alternative to conventional plastics, with a production capacity of 75,000 tons per year at a global scale.