Global Bioplastics Market 2025 – 2034

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 – 2034The size of the bioplastics market

According to the CMI Team's most recent market research, the global bioplastics market is expected to grow at a compound annual growth rate (CAGR) of 19.6% from 2025 to 2034. The market is expected to be worth USD 16.7 billion by 2025.The value is expected to reach USD 89.2 billion by 2034.

An Overview of the Bioplastics Market

Bioplastics are a kind of plastic that comes from renewable biological sources, like maize starch, sugarcane, vegetable oils, or cellulose, instead of oil. Depending on what they are made of and how they break down, they could be biodegradable, compostable, or bio-based.

There are a number of factors that are good for the bioplastics market, such as corporate sustainability efforts, more uses in different fields, more investment and production capacity, and more. But the market might have a hard time growing during the analysis period because of the limited infrastructure.

Things that make the bioplastics market grow and change

Improvements in technology

Technological progress has a big effect on the bioplastics industry. Also, improvements in material engineering, polymer chemistry, and manufacturing methods are making bioplastics that are becoming more competitive with petroleum-based options in terms of both cost and performance.

Some important players have also teamed up and worked together to take advantage of the new way to make bioplastics. For example, in March 2024, Sulzer Ltd. agreed to sell Balrampur Chini Mills Limited (BCML) its cutting-edge polylactic acid (PLA) production methods to help build India's first bioplastics factory.

The new bioplastics plant will use sugarcane as a feedstock to make 75,000 tons of biodegradable, 100% recyclable bioplastic every year.

More and more people are using it in fields like agriculture and horticulture.

The growing use of bioplastics in agriculture and horticulture is what drives the bioplastics market. The demand for bioplastics in these areas has gone up because people are more likely to buy bio-based products, bioplastics are good for the environment, and there are sources of renewable raw materials. Another big reason people like it is that it can help cut down on plastic pollution in the environment and that more and more people are shopping online. Additionally, safeguarding crops from pests, inhibiting weed proliferation, and regulating soil moisture and nutrient levels have augmented product demand.

Limited infrastructure for industrial composting

Limited infrastructure for industrial composting is one of the biggest problems that is stopping the market from growing. In the United States, for example, about 4,700 commercial composting plants can handle yard waste, food scraps, biosolids, and bioplastics. However, not many people can use these services; only about 3% of the population can get industrial composting services.

The scope of the report

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

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