According to the latest analysis by the authors, the global bio-based biodegradable plastics market is expected to experience a significant growth surge from 2025 to 2035. With the rise of plastic pollution and environmental degradation as one of the top issues in the world, Governments across the globe are passing strict policies prohibiting the usage of conventional plastics, thus boosting the demand for biodegradable and renewable plastics.
Additionally, the increasing demand for sustainable products and increasing investment in green technology are also pushing the market at a larger scale. The market value is expected to burgeon to reach approx USD 15.6 billion in 2035, representing a compound annual growth rate (CAGR) of 9.5% from the market in 2025, the market is estimated to be worth USD 6.3 billion in 2025.
The food packaging sector is expected to account for the majority of growth, as companies focus on biodegradable films, compostable packaging, and renewable plastic materials to achieve their sustainability goals. Along with this, industries such as textiles, agriculture, and automotive are exploring the potential of bio-based materials to replace conventional plastics in biodegradable fabrics, mulch films, and lightweight vehicle components.
Although the high cost of production is one of the main issues, process innovation in biopolymer processing and scale economies are anticipated to reduce the cost of manufacture, thus rendering bio-based biodegradable plastics a cost-efficient and economical option compared to oil-based plastics. With government incentives, increased R&D expenditures, and growing private sector investment, the industry is poised for long-term development and extensive application.
Metric | Value |
---|---|
Market Size in 2025 | USD 6.3 Billion |
Projected Market Size in 2035 | USD 15.6 Billion |
CAGR (2025 to 2035) | 9.5% |
The 9.5% CAGR reflects the rapid global transition towards substituting biodegradable plastics, a move driven by heightened corporate social responsibility efforts and favorable government regulations. Governments around the world are promoting extended producer responsibility (EPR) programs, which require companies to reduce their use of plastic and transition to compostable packaging.
Moreover, biotechnology has led to the development of new biopolymers that are even more heat-resistant, flexible, and durable, enabling numerous new applications across various industries. Emerging technologies, such as microbial fermentation for generating PHA (polyhydroxyalkanoates), bioplastics as alternatives to petrochemical-derived plastics, and biodegradable bioplastics, will revolutionize the industry by delivering added value, performance, and sustainability.
Furthermore, increased utilization of renewable plant-based feedstocks, like corn starch, sugarcane, and cassava, will improve supply chain diversification and lower dependence on fossil-based feedstocks.
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North America remains a prime market for bio-based biodegradable plastics due to tough green laws, heightened consumer awareness, and aggressive firm sustainability initiatives. The United States and Canada are witnessing the widespread adoption of compostable plastics, particularly in food packaging, single-use cutlery, and bags, as businesses transition to eco-friendly alternatives. Some states, such as California, New York, and Washington, have banned single-use plastic products, thereby increasing the demand for biodegradable substitutes.
In addition, North America's agricultural sector is in active pursuit of biodegradable mulching films and compostable agricultural plastics to reduce soil contamination and ensure maximum sustainability. The region's thriving e-commerce industry has also contributed to the increasing use of biodegradable mailers, protective packaging films, and compostable delivery packaging, presenting new market opportunities. As production prices skyrocket, continued investment in R&D and government contributions are making bioplastics more competitive and cheaper.
One of the major factors behind the growth is the growing demand for bio-based materials in the automotive manufacturing industry, as leading automobile manufacturers like Ford, Tesla, and General Motors are using biodegradable plastic components in the internal and external components of the vehicle in order to ensure sustainability and due to the improved fuel efficiency. North America is also likely to see an increase in the application volume of bio-based biodegradable plastics over the next decade due to expansion in recycling and composting facilities.
Germany, France, Italy and the UK contribute significantly to the production, consumption and research in bio-based biodegradable plastics, making Europe one of the fastest maturing and expansive markets for bio-based biodegradable plastics. Europe's Green Deal and Circular Economy Action Plan-driven regulations have created momentum towards sustainable plastics investments and opened up pathways towards regulatory compliance across sectors.
The growing demand for biodegradable packaging solutions, particularly in the food service, retail, and pharmaceutical segments, is driving up the need for a ban on single-use plastics in European Union member states. The region’s widespread waste management and composting capabilities have enabled businesses to transition to compostable products with relative ease, while reducing their waste disposal to landfills. Additionally, the automotive and aerospace sectors in Europe are utilizing bioplastics as lightweight components, which helps enhance fuel economy and reduce carbon emissions.
While Europe is a leader in the adoption of sustainable plastics, mass commercialization remains a challenge globally due to high production costs, limited raw material availability, and complexities related to product standardization. Nevertheless, continued public-private alliances, government impetus and evolution in biopolymer engineering is likely to improve cost-efficiency and adoption of biopolymers in the region.
Asia-Pacific is poised to be the fastest-growing market for bio-based biodegradable plastics, driven by rapid industrialization, urbanization, and growing environmental concerns. Countries such as China, India, Japan, and South Korea are adopting strict laws to eliminate conventional plastics, transitioning businesses toward compostable and bio-based materials. The flourishing e-commerce industry in the region is further driving the demand for biodegradable packaging solutions, especially in the online retail and food delivery sectors.
As the largest consumer and producer of plastic in the world, China is investing heavily in biobased substitutes for traditional plastics, with local governments backing the establishment of manufacturing plants for biodegradable plastics. With such efforts, even in India, the Plastic Waste Management Rules and initiatives like "Swachh Bharat Abhiyan" are promoting the use of bio-based packaging materials in various sectors.
Limited composting facilities, lack of consumer awareness and differing regional regulations impede widespread adoption in Asia-Pacific. Nonetheless, government support expansions, increased corporate participation, and investments in waste management infrastructure will help counteract these challenges and support market growth over the next ten years.
Challenges
One of the primary challenges facing the bio-based biodegradable plastic market is high production costs compared to conventional petroleum-based plastics. The complexity of biopolymer production, limited availability of feedstock materials, and cost-intensive processing technologies result in higher price points, making bioplastics less competitive in mass-market applications.
Another significant issue is the lack of standardized waste management systems. Biodegradable plastics are engineered to break down more quickly than traditional ones, but if they are not discarded correctly, and the composting facilities are with the means to do so the they can still take a long time to biodegrade. Moreover, the application of WPCs is limited in high-temperature and high-load environments due to their performance shortcomings, such as low durability and heat-resistant capability.
Opportunities
However, despite these hurdles, the market has enormous growth potential, especially in the realms of sophisticated biopolymer engineering and next-generation bioplastics. Takeaway: Researchers are utilizing enhanced mechanical properties to develop high-performance biodegradable plastics that can be applied in numerous industrial settings.
While researchers are already scouring through forms of plastics and developing innovations through the use of PHAs in microbial fermentation, seaweed-based plastics, and bio-based composites, in addition, the rising focus on corporate sustainability and extended producer responsibility (EPR) initiatives is motivating organizations to use sustainable substitutes, thus propelling the need for compostable plastics in the retail, food services, and packaging sectors.
Moreover, the support of the government in the shape of tax incentives and funding for research on sustainable plastic solutions will propel the market growth, bringing bio-based biodegradable plastics as an integral solution to widespread plastic pollution.
Between 2020 and 2024, the biobased, biodegradable plastic market experienced significant expansion as industries sought sustainable alternatives to petroleum-based plastics. Governments and regulatory authorities imposed stringent plastic waste reduction practices, leading to a significant rise in the demand for such biodegradable materials across various packaging, agriculture, automobile and consumer goods industries. There was a growing awareness about plastic pollution and climate change, and companies began creating greener plastic and compostable options.
The increasing consumer preference for green and recyclable products further accelerated the market’s growth. Furthermore, corporate sustainability pledges and global accords like the EU Green Deal and the United Nations’ Sustainable Development Goals (SDGs) have driven firms to shift toward biodegradable and compostable materials.
As public awareness of microplastic pollution and waste mismanagement reached new heights, businesses were compelled to implement sustainable, environmentally and socially responsible packaging and manufacturing practices. They manufactured polylactic acid (PLA), polyhydroxyalkanoates (PHA), starch-based plastics, and cellulose-derived biopolymers with greater mechanical strength, flexibility, and biodegradability.
In the food and beverage industry, biobased packaging has been adopted to meet sustainability regulations and satisfy growing consumer demand for biodegradable replacements to conventional single-use plastics. Biodegradable mulch films are used to curb soil pollution and improve the of green agriculture in the agri-food sector.
Furthermore, sectors such as textiles and personal care products have begun using biopolymers in sustainable clothing, disposable diapers, and toilet paper products. In the biomedical field, bioplastics are also being utilized for medical sutures, drug delivery systems, and tissue engineering, which is opening up new pathways for market growth. Additional research efforts aimed to enhance the properties of bioplastics, including thermal resistance, water resistance, and mechanical robustness, thereby expanding their applications in various industrial sectors.
However, widespread adoption was hampered by high production costs, scalability concerns, and a lack of industrial composting infrastructure. Composting standards will not be uniform across different regions, making the proper disposal of biodegradable plastics confusing for both consumers and businesses.
Additionally, the volatility of input availability affected production costs, making it difficult for manufacturers to compete against inexpensive petroleum-based plastics. Additionally, the lack of a worldwide regulatory system for biodegradability certifications complicates efforts to standardize, as well as consumers' trust in the market.
With a better understanding of polymer science and novel biopolymer processing techniques, companies were able to develop economical, high-value biodegradable plastics and reduce dependence on fossil fuels. In addition, collaborations among private enterprises, research institutions, and policy bodies facilitated innovation beyond synthetic polymers, promoting pathways for the sustainable commercialization of bioplastic alternatives.
Governments around the world ramped up investment in sustainable packaging research, waste management solutions, and composting infrastructure, which built upon the groundwork for long-term growth in the sector. Stimulus programs, including tax breaks for bioplastic manufacturers and subsidies for waste management upgrades, were key to driving the uptake of biodegradable plastics. The biobased biodegradable plastic market prepared for rapid R&D and worldwide growth during the time period from 2025 to 2035 as industries shifted towards circular economy models.
Moreover, prominent companies in the food services, retail, and logistics sectors have committed to phasing out single-use plastics, thereby increasing the market for biodegradable substitutes. Policy shifts and corporate pledges towards sustainability were also driven by consumer activism and environmental advocacy groups, which would further promote ongoing investments in sustainable materials development. Future Rates (2025 to 2035): Innovation In Production Process Leading To Cost Effectiveness & Expansion Of End Use Industries.
Mass adoption will be driven by technological advancements in biopolymer chemistry, enzyme-based degradation, and sustainable feedstocks. Companies will increase bioplastic production, using waste-to-bio-based plastic conversion technologies for greater sustainability. Bioplastic formulation research using AI will optimise material attributes, leading to improved quality biodegradable polymers with better heat, mechanical strength and water resistance.
Smart biodegradable materials with embedded tracking technologies will help to reduce waste and optimize disposal management, thus driving the industry towards self-regulating and sustainable ecosystems. Consistent data up to October 2023 will ensure that expansion to emerging markets will produce a more equitable and affordable space for biodegradable plastics to exist and target.
Increasing cooperation between the public and private sectors in terms of developing global standards for compostability, recyclability, and waste management will also help to benefit the sales in the biobased biodegradable plastic market over the forecast period. As regulations become more restrictive, industries will transition to closed-loop production systems in which bioplastics can be recycled back into the supply chain after use.
Additionally, next-generation biopolymers with enhanced biodegradability, durability, and compatibility with existing waste management infrastructures will be attainable with advances in synthetic biology. Together, this will set the bioplastics industry on course for full-scale commercialisation, affordability and environmental responsibility as consumers, business and policy makers step to align sustainability goals and lay the groundwork for the next major milestone in global eco-conscious manufacturing.
Market Shift | 2020 to 2024 |
---|---|
Regulatory Landscape | Governments introduced plastic waste reduction policies. |
Technological Advancements | Companies developed PLA, PHA, and starch-based bioplastics. |
Industry Applications | Bioplastics gained traction in packaging, agriculture, and consumer goods. |
Environmental Sustainability | Manufacturers experimented with partially biodegradable plastics. |
Market Growth Drivers | Demand increased due to sustainability goals and regulatory pressures. |
Production & Supply Chain Dynamics | High costs and scalability challenges hindered mass production. |
End-User Trends | Consumers preferred recyclable and compostable packaging. |
Investment in R&D | Limited funding restricted biopolymer advancements. |
Infrastructure Development | Composting facilities were inadequate to support large-scale biodegradation. |
Global Standardization | Different regions followed varying compostability and biodegradability regulations. |
Market Shift | 2025 to 2035 |
---|---|
Regulatory Landscape | Authorities will mandate comprehensive bans on plastic and strict guidelines for compostability. |
Technological Advancements | Breakthrough bioplastics will degrade more quickly, resist heat, and incorporate AI-driven performance optimization. |
Industry Applications | Expansion into automotive, aerospace, medical, and electronics sectors will drive adoption. |
Environmental Sustainability | The industry will achieve fully compostable and recyclable bioplastics with a minimal carbon footprint. |
Market Growth Drivers | Cost reductions, advanced waste-to-bioplastic conversion, and corporate commitments will accelerate adoption. |
Production & Supply Chain Dynamics | Localized bioplastic hubs, biorefinery integration, and AI-driven production will ensure market expansion. |
End-User Trends | The market will shift toward intelligent bioplastics with enhanced durability, biodegradability, and smart tracking features. |
Investment in R&D | Increased R&D investments will drive the development of next-generation bioplastics with superior properties. |
Infrastructure Development | Governments will expand industrial composting and bioplastic recycling plants. |
Global Standardization | Global organizations will implement harmonized standards for bioplastic certifications. |
Demand for biodegradable products made from bio based plastic is also rising in the country owing to government regulations prohibiting non-biodegradable items in many states in the United States. As a result of the Break Free from Plastic Pollution Act, and as the UNITED STATES government is also well on its way toward implementing a national ban on single-use plastics, California, New York, and Washington are already pushing manufacturers toward bio based biodegradable plastic solutions.
Companies the size of Coca-Cola, PepsiCo and Nestlé are promising to reduce plastic waste and develop bioplastics for use in their packaging solutions. The agriculture and food packaging sectors are other key demand drivers adopting biodegradable mulch films, compostable bags and food containers. The growth of e-commerce and sustainability trends is already booming demand for bio based biodegradable plastics for flexible packaging.
There is a consistent growth in technological development and investment towards research and development, which is assisting the manufacturers to improve the performance and cost efficiency of such products, enabling them to compete with conventional petroleum-based plastics.
Country | CAGR (2025 to 2035) |
---|---|
United States | 5.2% |
The United Kingdom bio based biodegradable plastic market has been having steady growth on the back of the strong government policies, corporate commitments and rising consumer demand for eco-friendly products. For example, the UK’s Plastic Packaging Tax, which came into effect in 2022, is prompting businesses to seek biodegradable and recycled plastic alternatives to avoid penalties. Supermarket and other chains like Tesco, Sainsbury’s, Marks & Spencer have also committed to reducing plastic waste and becoming enablers in the supply chain of biobased biodegradable materials.
Not to be outdone, the UK’s booming online grocery sector is also creating demand for biodegradable packaging solutions for fresh produce and ready-to-eat meals. The UK’s circular economy plans have also begot initiatives to enable closed-loop recycling and the embrace of compostable materials, creating new avenues for biodegradable plastics applications in food service packaging, medical applications and consumer products. But biodegradability standards, waste management policies, and cost barriers still prevent widespread adoption.
Country | CAGR (2025 to 2035) |
---|---|
UK | 4.8% |
The market of bio-based biodegradable plastic in the European Union is also propelled due to stringent environmental policies, EU-wide plastic bans, and growing investment in sustainable materials. The European Union’s 2021 Single-Use Plastics Directive (SUPD) has created a demand for biodegradable plastics in food packaging, agriculture and consumer products. Germany, France, and Italy are leading the charge with government-backed incentives for developing biopolymers and major investments into composting and recycling infrastructure.
Bio based material innovation is being funded under the EU’s Horizon Europe program, which encourages a move to starch based, PHA, and PLA plastics. In addition, the growing popularity of eco-friendly consumer behaviour and corporate ecological sustainability drives the demand for biodegradable plastic applications in cosmetics, textiles, and retail packaging, by companies such as Unilever, Danone and Adidas. However, challenges in cost-effectiveness, industrial composting compatibility, and mislabelling concerns continue to impact market scalability.
Country | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 5.5% |
Moreover, the Japanese bio based biodegradable plastic market is expanding owing to stringent environmental policies, technological advancements, and corporate pledges on carbon neutrality. Japan’s Plastic Resource Circulation Law, which took effect in 2022, encourages the use of bioplastics and recyclable materials, especially within packaging, consumer goods, and industrial applications.
Key players, including Mitsubishi Chemical, Toray Industries, and Kaneka Corporation, are investing significant resources towards the development of PHA and PLA-based biodegradable plastics, including high-performance materials that can be targeted at end applications in electronics, automotive, and food packaging. The multifaceted nature of Japanese food culture and its convenience store sector also fuels demand for biodegradable food containers, bento boxes, and cutlery.
Yet, in order for large-scale market penetration to occur, high production costs, limited composting infrastructure, and stringent material performance standards still pose significant challenges. Marine biodegradable plastics are being around, for example, fishing gear and ocean-friendly packaging solutions.
Country | CAGR (2025 to 2035) |
---|---|
Japan | 4.3% |
The South Korean bio based biodegradable plastic market is growing rapidly owing to the government promotion of sustainable materials, corporate sustainability initiatives and increased demand for eco-friendly consumer products. South Korea’s Carbon Neutral 2050 initiative is driving bioplastic use in the packaging, automotive and electronics industries.
With a robust manufacturing base already in place in the country, companies (including LG Chem and SK Chemicals) are already exploring novel biopolymer developments, including starch-based and seaweed-based plastics. In addition, the growth of South Korea’s beauty and skincare industry is also growing the demand for biodegradable cosmetic packaging. However, issues remain, including cost and a lack of consumer understanding of bioplastic disposal. Nevertheless, corporate climate commitments that have been made at record levels coupled with tech innovations will propel long-term growth.
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 4.9% |
Biobased biodegradable plastics are becoming more and more common as environmental consciousness raises, the government's regulatory mechanisms and innovations on green materials. PLA and PHA are the most prominent biobased biodegradable plastics in that the largest market share of biobased biodegradable plastics includes applications in packaging, healthcare, textiles and agriculture.
These inputs are a perfect solution for companies looking to shift away from conventional petroleum-based plastics as they provide the optimal combination of durability, biodegradability, and familiarity to pre-existent manufacturing processes. PLA: A Potential Bioplastic Substitute Globally, among the range of bioplastics, the usefulness of poly lactic-acid (PLA) with outstanding mechanical and biocompatibility properties and low cost, is one of the most applied biobased biodegradable plastics to date.
This makes it bio-based and an alternative to petroleum-based plastics in various industries. The demand for PLA is mainly due to its use in packaging applications such as food containers, as well as in films and disposable cutlery, and the demand for PLA is being driven by companies seeking sustainable alternatives to traditional plastics. To comply with the sustainability standards set by governments and their companies’ environmental programs, many top players in the food and beverage, consumer goods, and retail sectors are adopting PLA-based packaging solutions.
Outside of packaging, PLA has many uses in other applications, such as in the healthcare sector - where it has been gaining traction as a biocompatible and biodegradable polymer for biomedical implants, surgical sutures and drug delivery systems. The advantages of being biocompatible and biodegradable have led to the widely application of PLA in tissue engineering and medical scaffolding, giving medical device companies safer and more environmentally friendly choices in the manufacturing process.
Though that sounds great, PLA also has disadvantages, not the least of which is thermal resistance that makes it less useful in high-temperature scenarios, as well as mechanical flexibility that allows getting bent and deformed when heated. The development of PLA blends with other biodegradable polymers, mainly PHA or starch blends, has already improved their performance properties and broadened their market potential.
PHA Gaining Presence in High-Tech Applications Polyhydroxyalkanoate (PHA), another biobased biodegradable plastic, has recently gained traction, particularly in situations where superior biodegradability and environmental safety are demanded. Where PLA needs to be industrial composted to degrade, PHA decays naturally in aquatic and soil environments - making it ideal for single use plastics, agricultural films and disposable medical goods.
In mulch films, plant pots and controlled-release fertilizers, the agriculture sector has become a leading consumer of PHA-based materials. Traditional polyethylene-based mulch films contribute to plastic waste accumulation in soil, whereas PHA-based alternatives naturally decompose, reducing environmental impact while maintaining crop productivity.
PHA is also used by the healthcare industry, where researchers are creating PHA-based technology for medical implants, wound dressings, and drug encapsulation systems. PHA is highly biocompatible, allowing for permanent implantation within the body without subsequent surgical removal after healing.
It is worth noting that PHA still poses challenges such as high production cost and limited commercial-scale production facilities. With the developments in biotechnology and microbial fermentation technologies, PHA production will only become more resource efficient and economically accessible for large scale use.
Biobased biodegradable plastics are mainly used in packaging industry while seeking substitute for conventional plastic materials so that eco-friendly solutions can be achieved. Based on increasing worry about plastic pollution, marine pollution and landfill waste, businesses in an array of industries are shifting to biobased and compostable packaging. PLA-based packages and thin films are extensively used in flexible and rigid packaging of food, beverages, cosmetics, and pharmaceuticals.
As more consumers demand sustainability when shopping, top brands are already attempting to incorporate biodegradable materials into their products to adhere to ever-changing environmental regulations and customer expectations. Regulatory initiatives like those by the European Union with its Single-Use Plastics Directive and plastic bag bans in several countries have only sped up the transition to biodegradable solutions. In packaging applications, governments increasingly require reduction of plastic waste from businesses, which drives them towards biobased biodegradable plastics.
In addition to PLA and PHA blends, the market has also had significant volumes for compostable mailers, shopping bags and cushioning materials in e-commerce and retail packaging. Global sustainability goals have prompted companies such as Amazon and large online retailers to invest in biodegradable packaging solutions. Aking covers, shielding, and seed coatings are other big application areas for biobased and naturally biodegradable plastics in agriculture.
To reduce plastic waste in the soil and enhance soil health have farmers and agribusinesses are increasingly turning to biodegradable alternatives. PHA-based mulch films have attracted attention because they can biodegrade in soil and do not require expensive removal and disposal procedures. These films help retain moisture in the soil, inhibit weed growth and increase crop yields, providing environmental and economic benefits.
Moreover, controlled-release fertilization coatings and seed encapsulated biobased biodegradable plastics have also played a role in addressing the dilemma for delivery of nourishment to enhance farmers' growth advantage without creating side effects in the environment. Such materials are, however, being used by farmers to rationalise agricultural, cultural parts of a product while remaining true to sustainability targets.
Even though biodegradable plastics are increasingly being used, they have a disadvantage in agricultural settings due to higher production costs and varying rates of decomposition depending on climatic conditions. Furthermore, continued bio-based material engineering and polymer modification will significantly improve the performance and lower the cost of biodegradable plastics in agricultural applications.
Despite the strong market potential, the biobased biodegradable plastic industry is still plagued by challenges, such as, High cost of production compared to conventional plastics, Lack of infrastructure for industrial composting of bioplastics, Performance trade-offs in strength, heat resistance and shelf life.
To overcome these challenges, manufacturers are investing in advanced processing techniques, novel bio-based feed stocks, and improved compostability standards Additionally, governments and organizations are expanding composting facilities and developing circular economy frameworks, ensuring efficient waste management for biodegradable plastics.
Given the ever-increasing measures toward sustainability, the global bio based biodegradable plastic market is rapidly growing and is expected to grow in further years. Big companies focus on making high-performance, bio-based plastics from renewable resources (corn-starch, sugarcane and vegetable oils). We see an extremely competitive market place as leading global manufacturers invest in R&D, scale production capability and form strategic partnerships to cater to growing demand.
Market Share Analysis by Company
Company Name | Estimated Market Share (%) |
---|---|
NatureWorks LLC | 14-19% |
BASF SE | 11-16% |
TotalEnergies Corbion | 9-14% |
Novamont S.p.A | 6-10% |
Mitsubishi Chemical Corporation | 4-8% |
Other Companies (combined) | 40-50% |
Company Name | Key Offerings/Activities |
---|---|
NatureWorks LLC | Produces Ingeo™ PLA biopolymer, widely used in packaging, textiles, and consumer goods. Invests in end-of-life solutions to enhance compostability. |
BASF SE | Develops Ecovio® and Ecoflex® biodegradable plastics, combining renewable content with high performance for food packaging and agricultural applications. |
TotalEnergies Corbion | Specializes in PLA-based biodegradable plastics with advanced processing capabilities for industrial and consumer packaging. |
Novamont S.p.A | Manufactures Mater-Bi® compostable bioplastics, focusing on applications in agriculture, food packaging, and retail. |
Mitsubishi Chemical Corporation | Produces BioPBS™, a biodegradable polymer used in foodservice products and flexible packaging. Emphasizes circular economy solutions. |
Key Company Insights
NatureWorks LLC (14-19%)
NatureWorks is the global leader and was the first biopolymer company to successfully bring a product to market, which is its Ingeo™ PLA packaged in food, fibers, and consumer goods. The firm works on life-cycle innovation, developing products that are more biodegradable, and working with other stakeholders to improve waste management solutions.
BASF SE (11-16%)
The high-performance biodegradable plastic segment is dominated by brands such as Ecoflex® and Ecovio® from BASF. The materials are engineered to be compostable and to deliver equivalent strength to traditional plastics.
TotalEnergies Corbion (9-14%)
TotalEnergies Corbion: Experts in biodegradable plastics based on PLA, ensuring high bio based content with durability. The solution is a continuous innovation on material composition for better mechanical properties. The company develops materials for a variety of applications, from food packaging to textiles.
Novamont S.p.A (6-10%)
Nova Mont’s Mater-Bi® is widely used in compostable bags, agricultural films, and disposable tableware. The company remains committed to developing biodegradable solutions that align with circular economy principles, with a focus on reducing environmental impact.
Mitsubishi Chemical Corporation (4-8%)
Mitsubishi’s BioPBS™ is a standout product in flexible packaging and foodservice industries. The company continuously enhances product compostability and mechanical strength while exploring applications in coatings, laminates, and bioplastic composites.
Several regional and emerging players contribute to innovation, cost reduction, and scalability in the market. These include:
The overall market size for Bio based Biodegradable Plastic Market was USD 6.3 Billion in 2025.
The Bio based Biodegradable Plastic Market is expected to reach USD 15.6 Billion in 2035.
The rising demand for sustainable and environmentally friendly materials in packaging, agriculture, and consumer goods will propel the bio based biodegradable plastic market. Increasing applications in food packaging, medical products, and disposable items further drive growth. Moreover, advancements in biopolymer technology and growing R&D investments will accelerate market expansion.
The top 5 countries which drives the development of Bio based Biodegradable Plastic Market are UNITED STATES, UK, Europe Union, Japan and South Korea.
Poly lactic acid (PLA) is expected to command a significant share over the assessment period.
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