Bioplastics Market Report 2026

The bioplastics market size has grown rapidly in recent years. It will grow from $12.65 billion in 2025 to $14.82 billion in 2026 at a compound annual growth rate (CAGR) of 17.2%. The growth in the historic period can be attributed to increasing plastic waste concerns, expansion of bio-based polymer production, rising adoption of sustainable packaging solutions, growing regulatory support for bioplastics, availability of renewable feedstocks.

The bioplastics market size is expected to see rapid growth in the next few years. It will grow to $27.19 billion in 2030 at a compound annual growth rate (CAGR) of 16.4%. The growth in the forecast period can be attributed to increasing bans on single-use plastics, rising demand for eco-friendly consumer products, expansion of composting infrastructure, growing investments in advanced biopolymer technologies, increasing adoption in industrial applications. Major trends in the forecast period include increasing adoption of biodegradable packaging materials, rising use of plant-based polymer feedstocks, growing demand for compostable consumer products, expansion of bio-based plastics in automotive applications, enhanced focus on circular plastic economy.

The increasing awareness of the importance of bioplastics is expected to drive the growth of the bioplastics market going forward. Bioplastics are renewable, eco-friendly materials that reduce pollution, support sustainable production, and have a lower environmental impact compared to conventional plastics. Growing awareness is driven by recognition of the harmful effects of plastic manufacturing, use, and disposal on ecosystems and human health. Bioplastics promote sustainability by offering biodegradable solutions that reduce long-term waste accumulation, helping communities and industries transition toward environmentally responsible practices. For instance, in 2023, Protega Global Ltd, a UK-based packaging company, reported that 81% of consumers expressed a preference for sustainable packaging, reflecting a significant step toward reducing plastic waste. Therefore, rising awareness is encouraging consumers to adopt bioplastics, driving market growth.

Major companies in the bioplastics market are focusing on developing innovative products, such as PHA biopolymers, to expand market revenues. PHA biopolymers are bio-based, biodegradable, biocompatible, and can be processed as thermoplastics into a variety of end products. In December 2023, Sulzer, a Switzerland-based technology company specializing in industrial flow control and treatment solutions, launched CAPSULTM for continuous polycaprolactone (PCL) production. This end-to-end licensed technology enables a fully integrated, continuous process including all purification and polymerization steps, enhancing efficiency and reducing costs. CAPSULTM focuses on producing high-quality biodegradable materials, contributing to reduced plastic waste and supporting sustainability initiatives across industries.

In June 2025, Teknor Apex Company Inc., a US-based plastic materials solutions provider, acquired Danimer Scientific for an undisclosed amount. Through this acquisition, Teknor Apex aims to expand its sustainable materials portfolio and strengthen its bio-based and compostable plastics offerings. Danimer Scientific Inc. is a US-based bioplastics company specializing in biodegradable polymers for applications in packaging, coatings, fibers, and single-use products.

Major companies operating in the bioplastics market are BASF SE, Corbion NV, Danimer Scientific Inc., Mitsubishi Chemical Holdings Corporation, Novamont S.p.A., Futamura Group, Neste Oyj, NatureWorks LLC, Polymateria Ltd, TIPA Corp Ltd, Biome Bioplastics Limited, Braskem S.A., Indorama Ventures Public Company Limited, Teijin Limited, Toray Industries Inc., PTT MCC Biochem Co Ltd., An Phat Holdings Joint Stock Company, Futerro SA, Trifilon AB, Biofase S.A. de C.V., Bioapply Polymers S.L., Avantium N.V., LCY Biosciences Inc., Kaneka Takasago Ltd.

Asia-Pacific was the largest region in the bioplastics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bioplastics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bioplastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The bioplastics market consists of sales of bioplastics such as protein-based bioplastics, aliphatic polyesters and organic polyethylene. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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