Bioplastic Resin Market Forecasts to 2032 – Global Analysis By Type (PBS, PHA, PET, PLA, Starch Blends and Cellulose-Based Resins), Feedstock, Application, End User, and By Geography.
Description
According to Stratistics MRC, the Global Bioplastic Resin Market is accounted for $15.5 billion in 2025 and is expected to reach $44.7 billion by 2032 growing at a CAGR of 16.3% during the forecast period. Bioplastic Resin is a polymer derived from renewable sources like corn starch, sugarcane, or cellulose, used to manufacture biodegradable plastics. It serves as an alternative to petroleum-based resins in packaging, agriculture, and consumer products. Bioplastics reduce greenhouse gas emissions and support compostability, though performance varies by formulation. Innovations in PLA, PHA, and bio-PET are improving durability and scalability. Governments and brands are adopting bioplastic solutions to meet sustainability targets and reduce plastic pollution, driving growth in green materials.
According to a survey by the Plastics Industry Association, brand owner commitment to incorporating post-consumer recycled and bio-based resins in packaging has more than tripled in the last five years, driven by consumer pressure and regulatory mandates.
Market Dynamics:
Driver:
Growing regulatory support for green plastics
Governments worldwide are implementing policies to reduce plastic pollution and promote sustainable alternatives, driving demand for bioplastic resins. Bans on single-use plastics, extended producer responsibility (EPR) schemes, and incentives for compostable materials are accelerating adoption. Regulatory frameworks in Europe, Asia, and North America are encouraging manufacturers to shift toward bio-based inputs. This support is fostering innovation, investment, and commercialization of bioplastics across packaging, agriculture, and consumer goods sectors, positioning regulatory momentum as a key market growth driver.
Restraint:
High cost compared to conventional plastics
Bioplastic resins often carry higher production and processing costs than traditional petroleum-based plastics, limiting their competitiveness. Factors such as feedstock variability, lower economies of scale, and specialized equipment contribute to elevated pricing. These cost barriers hinder adoption in price-sensitive markets and restrict usage to premium or niche applications. Until cost parity is achieved through technological advancements and scale, bioplastics will face resistance from manufacturers and consumers accustomed to low-cost conventional plastic solutions.
Opportunity:
Expansion in sustainable packaging applications
The surge in demand for eco-friendly packaging presents a major opportunity for bioplastic resin manufacturers. Brands across food, cosmetics, and e-commerce sectors are adopting compostable and recyclable packaging to meet consumer expectations and ESG goals. Bioplastics like PLA and PHA offer functional performance with reduced environmental impact. Innovations in barrier properties, printability, and shelf-life extension are expanding use cases. As sustainability becomes a core value proposition, packaging will remain a high-growth application for bioplastic resins.
Threat:
Competition from recyclable fossil-based plastics
Advanced recycling technologies are improving the sustainability profile of fossil-based plastics, posing a threat to bioplastic adoption. Chemical recycling and closed-loop systems enable reuse of conventional polymers with reduced environmental impact. These solutions often offer better mechanical properties and lower costs than bioplastics. As fossil-based plastics evolve to meet circular economy standards, they may capture market share from bio-based alternatives. Bioplastic producers must differentiate through biodegradability, renewability, and regulatory alignment to maintain relevance.
Covid-19 Impact:
The COVID-19 pandemic disrupted supply chains and shifted consumer priorities, temporarily slowing bioplastic adoption. Increased demand for hygiene products and protective packaging favored conventional plastics due to cost and availability. However, post-pandemic recovery has reignited interest in sustainable materials, with governments and brands reaffirming environmental commitments. Bioplastic resin manufacturers are investing in resilient sourcing, scalable production, and new applications. The pandemic underscored the need for sustainable packaging and supply chain diversification, reinforcing long-term market potential.
The PLA segment is expected to be the largest during the forecast period
The PLA segment is expected to account for the largest market share during the forecast period, due to its versatility, biodegradability, and commercial maturity. Derived from renewable sources like corn and sugarcane, PLA is widely used in packaging, textiles, and medical applications. Its favorable mechanical properties and compatibility with existing processing equipment support broad adoption. Regulatory approvals and consumer preference for compostable materials further boost demand. As PLA production scales and costs decline, it will remain the leading bioplastic resin segment.
The Corn Starch segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the Corn Starch segment is predicted to witness the highest growth rate, driven by their low environmental footprint and expanding use in disposable packaging. These resins are compostable, renewable, and suitable for single-use items like bags, trays, and cutlery. Innovations in blending and barrier enhancement are improving performance and broadening applications. As demand for plant-based materials rises, corn starch offers a cost-effective and scalable alternative. Its agricultural abundance and biodegradability make it a key growth driver in the bioplastics market.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, supported by strong manufacturing capabilities, rising environmental awareness, and government initiatives promoting sustainable materials. Countries like China, India, and Japan are investing in bioplastic production and infrastructure. Regional demand for eco-friendly packaging in food, retail, and agriculture is accelerating. Local feedstock availability and cost advantages further support growth. Asia Pacific’s dynamic consumer base and policy landscape position it as a dominant force in bioplastic resin adoption.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR due to its advanced R&D ecosystem, strong regulatory momentum, and growing consumer demand for sustainable products. The U.S. and Canada are expanding composting infrastructure and implementing plastic reduction mandates. Brands are integrating bioplastics into packaging and product design to meet ESG targets. Venture capital and public funding are supporting innovation in bio-based materials. As circular economy principles gain traction, North America will drive rapid growth in bioplastic resin technologies.
Key players in the market
Some of the key players in Bioplastic Resin Market include NatureWorks, BASF, Braskem, Nestlé, Danimer Scientific, Novamont, Arkema, Biome Bioplastics, Total Corbion PLA, FKuR, Mitsubishi Chemical, Green Dot Bioplastics, Trinseo, Plantic Technologies, Cardia Bioplastics, Tianan Biologic, Toray Industries and Clariant.
Key Developments:
In October 2025, NatureWorks and Nestlé announced a major offtake agreement for Ingeo PLA, which will be used for the brand's entire line of water-soluble detergent pods, replacing PVA.
In September 2025, BASF launched a new certified compostable bioplastic blend, leveraging Arkema's polymer expertise, designed for high-heat applications like disposable cutlery and coffee capsules, meeting industrial composting standards.
In August 2025, Braskem and Danimer Scientific formed a joint venture to construct the world's largest PHA production facility, aiming to scale up biodegradable resin supply for flexible packaging.
Types Covered:
• PBS
• PHA
• PET
• PLA
• Starch Blends
• Cellulose-Based Resins
Feedstock s Covered:
• Corn Starch
• Sugarcane
• Cassava
• Wood Pulp
• Algae Biomass
Applications Covered:
• Packaging
• Textiles
• Consumer Goods
• Automotive Components
• Electronics
End Users Covered:
• Manufacturers
• Converters
• Brand Owners
• Research Institutions
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
According to a survey by the Plastics Industry Association, brand owner commitment to incorporating post-consumer recycled and bio-based resins in packaging has more than tripled in the last five years, driven by consumer pressure and regulatory mandates.
Market Dynamics:
Driver:
Growing regulatory support for green plastics
Governments worldwide are implementing policies to reduce plastic pollution and promote sustainable alternatives, driving demand for bioplastic resins. Bans on single-use plastics, extended producer responsibility (EPR) schemes, and incentives for compostable materials are accelerating adoption. Regulatory frameworks in Europe, Asia, and North America are encouraging manufacturers to shift toward bio-based inputs. This support is fostering innovation, investment, and commercialization of bioplastics across packaging, agriculture, and consumer goods sectors, positioning regulatory momentum as a key market growth driver.
Restraint:
High cost compared to conventional plastics
Bioplastic resins often carry higher production and processing costs than traditional petroleum-based plastics, limiting their competitiveness. Factors such as feedstock variability, lower economies of scale, and specialized equipment contribute to elevated pricing. These cost barriers hinder adoption in price-sensitive markets and restrict usage to premium or niche applications. Until cost parity is achieved through technological advancements and scale, bioplastics will face resistance from manufacturers and consumers accustomed to low-cost conventional plastic solutions.
Opportunity:
Expansion in sustainable packaging applications
The surge in demand for eco-friendly packaging presents a major opportunity for bioplastic resin manufacturers. Brands across food, cosmetics, and e-commerce sectors are adopting compostable and recyclable packaging to meet consumer expectations and ESG goals. Bioplastics like PLA and PHA offer functional performance with reduced environmental impact. Innovations in barrier properties, printability, and shelf-life extension are expanding use cases. As sustainability becomes a core value proposition, packaging will remain a high-growth application for bioplastic resins.
Threat:
Competition from recyclable fossil-based plastics
Advanced recycling technologies are improving the sustainability profile of fossil-based plastics, posing a threat to bioplastic adoption. Chemical recycling and closed-loop systems enable reuse of conventional polymers with reduced environmental impact. These solutions often offer better mechanical properties and lower costs than bioplastics. As fossil-based plastics evolve to meet circular economy standards, they may capture market share from bio-based alternatives. Bioplastic producers must differentiate through biodegradability, renewability, and regulatory alignment to maintain relevance.
Covid-19 Impact:
The COVID-19 pandemic disrupted supply chains and shifted consumer priorities, temporarily slowing bioplastic adoption. Increased demand for hygiene products and protective packaging favored conventional plastics due to cost and availability. However, post-pandemic recovery has reignited interest in sustainable materials, with governments and brands reaffirming environmental commitments. Bioplastic resin manufacturers are investing in resilient sourcing, scalable production, and new applications. The pandemic underscored the need for sustainable packaging and supply chain diversification, reinforcing long-term market potential.
The PLA segment is expected to be the largest during the forecast period
The PLA segment is expected to account for the largest market share during the forecast period, due to its versatility, biodegradability, and commercial maturity. Derived from renewable sources like corn and sugarcane, PLA is widely used in packaging, textiles, and medical applications. Its favorable mechanical properties and compatibility with existing processing equipment support broad adoption. Regulatory approvals and consumer preference for compostable materials further boost demand. As PLA production scales and costs decline, it will remain the leading bioplastic resin segment.
The Corn Starch segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the Corn Starch segment is predicted to witness the highest growth rate, driven by their low environmental footprint and expanding use in disposable packaging. These resins are compostable, renewable, and suitable for single-use items like bags, trays, and cutlery. Innovations in blending and barrier enhancement are improving performance and broadening applications. As demand for plant-based materials rises, corn starch offers a cost-effective and scalable alternative. Its agricultural abundance and biodegradability make it a key growth driver in the bioplastics market.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, supported by strong manufacturing capabilities, rising environmental awareness, and government initiatives promoting sustainable materials. Countries like China, India, and Japan are investing in bioplastic production and infrastructure. Regional demand for eco-friendly packaging in food, retail, and agriculture is accelerating. Local feedstock availability and cost advantages further support growth. Asia Pacific’s dynamic consumer base and policy landscape position it as a dominant force in bioplastic resin adoption.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR due to its advanced R&D ecosystem, strong regulatory momentum, and growing consumer demand for sustainable products. The U.S. and Canada are expanding composting infrastructure and implementing plastic reduction mandates. Brands are integrating bioplastics into packaging and product design to meet ESG targets. Venture capital and public funding are supporting innovation in bio-based materials. As circular economy principles gain traction, North America will drive rapid growth in bioplastic resin technologies.
Key players in the market
Some of the key players in Bioplastic Resin Market include NatureWorks, BASF, Braskem, Nestlé, Danimer Scientific, Novamont, Arkema, Biome Bioplastics, Total Corbion PLA, FKuR, Mitsubishi Chemical, Green Dot Bioplastics, Trinseo, Plantic Technologies, Cardia Bioplastics, Tianan Biologic, Toray Industries and Clariant.
Key Developments:
In October 2025, NatureWorks and Nestlé announced a major offtake agreement for Ingeo PLA, which will be used for the brand's entire line of water-soluble detergent pods, replacing PVA.
In September 2025, BASF launched a new certified compostable bioplastic blend, leveraging Arkema's polymer expertise, designed for high-heat applications like disposable cutlery and coffee capsules, meeting industrial composting standards.
In August 2025, Braskem and Danimer Scientific formed a joint venture to construct the world's largest PHA production facility, aiming to scale up biodegradable resin supply for flexible packaging.
Types Covered:
• PBS
• PHA
• PET
• PLA
• Starch Blends
• Cellulose-Based Resins
Feedstock s Covered:
• Corn Starch
• Sugarcane
• Cassava
• Wood Pulp
• Algae Biomass
Applications Covered:
• Packaging
• Textiles
• Consumer Goods
• Automotive Components
• Electronics
End Users Covered:
• Manufacturers
• Converters
• Brand Owners
• Research Institutions
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Bioplastic Resin Market, By Type
- 5.1 Introduction
- 5.2 PBS
- 5.3 PHA
- 5.4 PET
- 5.5 PLA
- 5.6 Starch Blends
- 5.7 Cellulose-Based Resins
- 6 Global Bioplastic Resin Market, By Feedstock
- 6.1 Introduction
- 6.2 Corn Starch
- 6.3 Sugarcane
- 6.4 Cassava
- 6.5 Wood Pulp
- 6.6 Algae Biomass
- 7 Global Bioplastic Resin Market, By Application
- 7.1 Introduction
- 7.2 Packaging
- 7.3 Textiles
- 7.4 Consumer Goods
- 7.5 Automotive Components
- 7.6 Electronics
- 8 Global Bioplastic Resin Market, By End User
- 8.1 Introduction
- 8.2 Manufacturers
- 8.3 Converters
- 8.4 Brand Owners
- 8.5 Research Institutions
- 9 Global Bioplastic Resin Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 NatureWorks
- 11.2 BASF
- 11.3 Braskem
- 11.4 Nestlé
- 11.5 Danimer Scientific
- 11.6 Novamont
- 11.7 Arkema
- 11.8 Biome Bioplastics
- 11.9 Total Corbion PLA
- 11.10 FKuR
- 11.11 Mitsubishi Chemical
- 11.12 Green Dot Bioplastics
- 11.13 Trinseo
- 11.14 Plantic Technologies
- 11.15 Cardia Bioplastics
- 11.16 Tianan Biologic
- 11.17 Toray Industries
- 11.18 Clariant
- List of Tables
- Table 1 Global Bioplastic Resin Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Bioplastic Resin Market Outlook, By Type (2024-2032) ($MN)
- Table 3 Global Bioplastic Resin Market Outlook, By PBS (2024-2032) ($MN)
- Table 4 Global Bioplastic Resin Market Outlook, By PHA (2024-2032) ($MN)
- Table 5 Global Bioplastic Resin Market Outlook, By PET (2024-2032) ($MN)
- Table 6 Global Bioplastic Resin Market Outlook, By PLA (2024-2032) ($MN)
- Table 7 Global Bioplastic Resin Market Outlook, By Starch Blends (2024-2032) ($MN)
- Table 8 Global Bioplastic Resin Market Outlook, By Cellulose-Based Resins (2024-2032) ($MN)
- Table 9 Global Bioplastic Resin Market Outlook, By Feedstock (2024-2032) ($MN)
- Table 10 Global Bioplastic Resin Market Outlook, By Corn Starch (2024-2032) ($MN)
- Table 11 Global Bioplastic Resin Market Outlook, By Sugarcane (2024-2032) ($MN)
- Table 12 Global Bioplastic Resin Market Outlook, By Cassava (2024-2032) ($MN)
- Table 13 Global Bioplastic Resin Market Outlook, By Wood Pulp (2024-2032) ($MN)
- Table 14 Global Bioplastic Resin Market Outlook, By Algae Biomass (2024-2032) ($MN)
- Table 15 Global Bioplastic Resin Market Outlook, By Application (2024-2032) ($MN)
- Table 16 Global Bioplastic Resin Market Outlook, By Packaging (2024-2032) ($MN)
- Table 17 Global Bioplastic Resin Market Outlook, By Textiles (2024-2032) ($MN)
- Table 18 Global Bioplastic Resin Market Outlook, By Consumer Goods (2024-2032) ($MN)
- Table 19 Global Bioplastic Resin Market Outlook, By Automotive Components (2024-2032) ($MN)
- Table 20 Global Bioplastic Resin Market Outlook, By Electronics (2024-2032) ($MN)
- Table 21 Global Bioplastic Resin Market Outlook, By End User (2024-2032) ($MN)
- Table 22 Global Bioplastic Resin Market Outlook, By Manufacturers (2024-2032) ($MN)
- Table 23 Global Bioplastic Resin Market Outlook, By Converters (2024-2032) ($MN)
- Table 24 Global Bioplastic Resin Market Outlook, By Brand Owners (2024-2032) ($MN)
- Table 25 Global Bioplastic Resin Market Outlook, By Research Institutions (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
