Market Overview

According to fortune business insights, the global bioplastics market size was valued at USD 9.54 billion in 2025. The market is projected to grow from USD 12.3 billion in 2026 to USD 94.9 billion by 2034, exhibiting a CAGR of 29.00% during the forecast period. Europe dominated the bioplastics market with a market share of 48.50% in 2025.

The analysis shows that in response to tightening regulations on non-renewable plastics, industries such as packaging, textiles, electronics, and automotive parts are increasingly turning to bio-degradable options. Bioplastics, originating from renewable sources like plant starch, cellulose, and natural sugars, serve as a promising solution for curbing plastic waste. This trend indicates a strong demand for bioplastics worldwide, driven by environmental concerns and noteworthy innovations, despite challenges such as higher costs compared to conventional plastics.

Major Players Profiled in the Market Report:

• Novamont S.p.A. (Italy)
• Arkema S.A. (France)
• Matrìca S.p.A. (Italy)
• NatureWorks LLC (U.S.)
• TotalEnergies Corbion (Netherlands)
• PTT MCC Biochem Co., Ltd. (Thailand)
• Roquette Frères (France)
• Biofase (Mexico)
• Genecis (Canada)
• Trifilon (Sweden)
• Solvay S.A. (Belgium)
• Avantium (Netherlands)
• Toray Industries, Inc. (Japan)
• LyondellBasell Industries Holdings B.V. (Netherlands)
• BASF SE (Germany)
• BioApply (Switzerland)