Bioplastics & Biopolymers Market on Track for Major Revenue Upsurge by 2030

Market Overview

Bioplastics and biopolymers are a class of materials derived from renewable biomass sources such as corn starch, sugarcane, vegetable fats, and cellulose. They can be either biodegradable or bio-based (or both), making them environmentally preferable to petroleum-based plastics. As nations face mounting pressure to curb plastic pollution, the shift towards bio-based materials is gaining momentum across all major economies.

Unlike traditional plastics that persist in the environment for centuries, many bioplastics offer the advantage of compostability and recyclability, contributing significantly to reduced greenhouse gas emissions and lower ecological impact.

According to the research report, the global bioplastics & biopolymers market was valued at USD 10.81 billion in 2021 and is expected to reach USD 63.09 billion by 2030, to grow at a CAGR of 22.8% during the forecast period.

Key Market Drivers

Government Policies and Environmental Regulations
Stricter environmental regulations in the EU, U.S., and parts of Asia are driving companies to switch to sustainable materials. Policies that ban or tax single-use plastics are creating demand for biodegradable plastics as substitutes.
Consumer Awareness and Eco-Conscious Purchasing
Consumers are increasingly favoring brands that demonstrate environmental responsibility. This shift is pushing manufacturers to adopt sustainable materials and invest in bioplastics to maintain brand equity and meet customer expectations.
Technological Advancements and Cost Reduction
Innovations in polymer chemistry and fermentation technologies have improved the scalability and mechanical properties of bioplastics. As production costs decrease, bio-based polymers are becoming more competitive with petroleum-based plastics.
Corporate Sustainability Initiatives
Major companies in FMCG, automotive, and retail sectors have pledged to incorporate recyclable and eco-friendly packaging solutions into their supply chains, further driving bioplastics adoption.

Market Segmentation

The Bioplastics & Biopolymers Market can be segmented based on product type, application, and end use.

By Product Type:

Biodegradable Bioplastics:

Polylactic Acid (PLA)
Polybutylene Succinate (PBS)
Polyhydroxyalkanoates (PHA)
Starch Blends

Non-Biodegradable Bioplastics:

Bio-based Polyethylene (Bio-PE)
Bio-based Polyethylene Terephthalate (Bio-PET)
Bio-based Polyamide

Biodegradable bioplastics lead the market due to growing demand in packaging and agriculture. Among them, PLA is the most widely used due to its low cost and ease of processing.

Bio-PET and Bio-PE, while non-biodegradable, offer excellent drop-in properties and compatibility with existing recycling systems, making them popular in beverage bottles and consumer goods.

By Application:

Packaging (Rigid & Flexible)
Agriculture
Consumer Goods
Automotive
Textiles
Medical and Healthcare
Electronics

Packaging is the dominant application, accounting for over 60% of global demand. This is largely due to the food and beverage industry's switch to sustainable materials. Additionally, automotive and electronics sectors are adopting biopolymers for interior parts, coatings, and housings.

By End Use:

Food & Beverage
Retail
Agriculture
Pharmaceuticals
Personal Care
Automotive
Construction

The food & beverage sector leads the charge due to the need for biodegradable containers, films, and pouches. The retail and personal care sectors are also increasingly adopting bio-based solutions to reduce packaging waste.

Regional Analysis

Europe

Europe holds the largest share of the global bioplastics & biopolymers market, supported by robust regulatory frameworks such as the EU Plastics Strategy and Green Deal. Countries like Germany, France, and Italy are investing in bioplastics R&D, infrastructure, and incentivizing bio-economy initiatives.

The European market is also driven by strong consumer demand and mandates requiring sustainable packaging in supermarkets, especially in single-use product segments.

North America

North America is the second-largest market, with the U.S. showing strong demand in agricultural films, retail packaging, and biomedical applications. Federal and state-level plastic bans, along with corporate sustainability pledges, are key growth drivers.

Canada’s commitment to achieving zero plastic waste by 2030 is also expected to further fuel demand for biopolymers.

Asia-Pacific

Asia-Pacific is the fastest-growing region due to increasing environmental concerns, rising disposable incomes, and government regulations to curb plastic waste. China, India, Japan, and South Korea are making large-scale investments in bio-refinery infrastructure and incentivizing domestic production of biodegradable plastics.

China’s new policies banning non-degradable plastic bags and cutlery are significantly boosting market penetration for bio-based materials.

Latin America and Middle East & Africa (MEA)

Latin America, particularly Brazil, is showing increasing adoption of bioplastics in agriculture, such as mulch films and seed coatings. Meanwhile, MEA is gradually moving toward sustainable development, with pilot projects in the UAE and South Africa promoting biopolymer innovation.

Browse Full Insights:

https://www.polarismarketresearch.com/industry-analysis/bioplastics-biopolymers-market

Key Companies in the Market

The competitive landscape of the bioplastics & biopolymers market is characterized by innovation, partnerships, and expansion of production capacity.

NatureWorks LLC

A global leader in the production of PLA bioplastics, NatureWorks is known for its Ingeo brand. The company is expanding production in Thailand and pushing for broader adoption in packaging and textiles.

BASF SE

BASF offers a broad portfolio of biodegradable polymers under its ecoflex® and ecovio® lines. The company emphasizes R&D collaborations and has strong market presence in Europe and North America.

TotalEnergies Corbion

A joint venture between TotalEnergies and Corbion, the company specializes in PLA production. Its Luminy® range of PLA products is widely used in rigid and flexible packaging.

Danimer Scientific

This U.S.-based company focuses on producing PHA-based biodegradable plastics for food packaging and consumer goods. It has strategic partnerships with PepsiCo and Nestlé.

Novamont S.p.A

An Italian pioneer in starch-based biodegradable plastics, Novamont produces Mater-Bi and is actively involved in EU-level sustainability initiatives and compostable solutions.

Other notable players include:

Braskem – Bio-based polyethylene leader from Brazil.
Biome Bioplastics – UK-based supplier of compostable plastics.
FKuR Kunststoff GmbH – Specializes in customized bioplastic compounds.
Mitsubishi Chemical Group – Offers various biodegradable polymers including PBS and PBT.
Toray Industries Inc. – Known for innovation in bio-based polyesters and packaging films.

Emerging Trends and Opportunities

Integration with Circular Economy Models
The focus is shifting from simply being bio-based to fully circular bioplastics that are recyclable, compostable, and traceable through the supply chain.
Bioplastic Blends and Additives
Research is ongoing into composite biopolymers that improve mechanical strength, thermal resistance, and shelf life, making them suitable for high-performance applications.
3D Printing and Biomedical Use Cases
Biopolymers like PLA and PCL are gaining traction in 3D printing for biomedical devices, dental implants, and tissue scaffolds, opening new avenues for market expansion.
Localized Biopolymer Production
Countries are aiming to develop local bio-economies to reduce dependence on petroleum imports and lower logistics costs by sourcing feedstocks domestically.

LSI Keywords Used

Bio-based materials
Sustainable packaging
Biodegradable plastics
Eco-friendly packaging

Conclusion

The Bioplastics & Biopolymers Market is witnessing an inflection point as consumers, industries, and governments align toward a shared vision of sustainability. With rising investment in R&D, supportive policy frameworks, and growing awareness of plastic pollution, the global market is set to flourish in the coming years.

More Trending Latest Reports By Polaris Market Research:

Traffic Road Marking Coating Market

Photovoltaic Materials Market

Polymer Gel Market

Protective Textile Market

Tannin Market

Thermal Insulation Coating Market

Essential Oil Market

Organic Personal Care Market

Lubricants Market

Enzymes Market

Aerospace Plastics Market