Top 30 Companies in Global Bioplastics Market (2025–2035): Competitive Analysis And Forecast
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Bioplastics Market Size is projected to Grow from USD 11.6561 Billion in 2024 to USD 110.67 Billion by 2035, at a CAGR of 22.7% during the forecast period 2025–2035. The market for Bioplastics is growing demand due to the demand for flexible packaging films for application in food items, medicine, beverage bottles, packaging films, and non-food products like napkins, tissues, toilet paper, cardboard, and coat paper for food wrapping.
Introduction
Bioplastics are plastic materials produced from renewable biomass sources, such as vegetable fat and oil, corn starch, straw, woodchips, sawdust, recycled food waste, etc. Bioplastics are obtained by processing directly from natural biopoller, including polysaccharides and livetants (ES plant or animal or animal or biologically produced by sugars or lipid fermentation. Bioplastic fossil can reduce dependence on resources that are much more harmful to the environment than bioplahstics. The discovery of their applications has become possible due to environmental effects associated with fossil-fuel-based polymer. Evolution has a tremendous impact on bioplastic production in biotechnology and material science.
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Bioplastics Market Size & Statistics
- The Market Size for Bioplastics Was estimated to be worth USD 11.6561 Billion in 2024.
- The Market is going to Expand at a CAGR of 22.7% between 2025 and 2035.
- The Global Bioplastics Market Size is anticipated to reach USD 110.67 Billion by 2035.
- Europe is expected to generate the highest demand during the forecast period in the Bioplastics Market
- North America is expected to grow the fastest during the forecast period in the Bioplastics Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the Bioplastics market.
Strong demand for stability in packaging is promoting bioplastic demand. In addition, the US Department of Agriculture is expected to run the market with increasing initiative to promote environmentally friendly products. Increasing demand for light automobile parts and electronic goods due to increasing preference for quality products. Tilt towards permanent solutions for packaging increases the demand for bio-based packaging.
Europe is expected to generate the highest demand during the forecast period in the Bioplastics market.
Bioplastics are used in various essential applications such as agricultural wet grass films, shopping bags, shelter bags, loose packaging, and other essential applications. About 100 billion bags are used per year in the European Union. The increasing demand for strong motor vehicle industry and bio-based packaging products is estimated to run the market in the region. Bioplastic-based packaging is highly demanded for use in biological food as well as packaging of premium and branded goods.
Top 10 Trends in the Bioplastics Market
- Growth in Biodegradable & Renewable Plastics
- Dominance of Packaging
- Rise of Polylactic Acid (PLA)
- Growth in Polyhydroxyalkanoates (PHA)
- Strategic Partnerships & M&A
- Shifting to Circular Economy Models
- Expansion into New End-Use Industries
- Increased Investment in R&D
- Focus on Bio-based Feedstock Innovation
- Growing Regulatory Landscape
1. Growth in Biodegradable & Renewable Plastics
A fundamental trend is the increasing demand for bioplastics derived from renewable resources like starch and plants, contributing to a more sustainable circular economy.
2. Dominance of Packaging
The packaging sector, especially food, flexible, and rigid packaging, is the largest and fastest-growing application for bioplastics due to consumer and regulatory pressure for greener options.
3. Rise of Polylactic Acid (PLA)
PLA continues to be a significant biopolymer, finding increasing use in packaging and other applications as its technology and applications expand.
4. Growth in Polyhydroxyalkanoates (PHA)
Investment and interest in PHA-based bioplastics are increasing, driven by their unique properties and growing applications, especially in areas like Bio-PET alternatives.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Bioplastics market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Bioplastics Market
- BASF SE
- NatureWorks LLC
- Corbion NV
- TotalEnergies Corbion
- Novamont S.p.A.
- Braskem
- Danimer Scientific
- Eastman Chemical Company
- Kuraray Co., Ltd
- Mitsubishi Chemical Group Corporation
- Others
1. BASF SE
Headquarters: Germany
BASF SE is a major player in the bioplastic market, recognized for its leading biopoller ecoflex and ecovio, which are biodegradable and certified manureable polymers used in packaging, organic waste bags and agricultural films. The company takes advantage of these materials to support the circular economy by enabling organic recycling and withdrawal of nutrients. The BASF offers a series of ECOVIO grades with a variety of properties and certificates, in which to meet various application requirements, including home and industrial fertilizer, especially in food packaging.
2. NatureWorks LLC
Headquarters: USA
Natureworks is a major global supplier of LLC biopoller, mainly Akshaya produces the ingeo brand polytetic acid (PLA) from the plant-based feedstox, which provides permanent optics for oil-based plastic for various types of applications, including packaging, serving foods, equipment and 3D printing. The company is a joint venture between Kargil and PTT global chemical and is committed to innovation in biometric, circular economy principles and reducing environmental impact. Natureworks operate a feature in the United States and have expanded their production capacity with a new integrated feature in Thailand to meet the growing global demand of PLA.
3. Corbion NV
Headquarters: Netherlands
The Corbion NV Bioplastics is known as Corbion in total, overall, in the market through its 50/50 joint venture, which is known as Lumini PLA (polylactic acid) bioplastics derived from renewable resources. Luminy Pla is a biobed and biodegradable material used in various types of applications, including packaging, consumer goods and fiber, which offer low carbon footprints than traditional plastic. The joint venture takes advantage of the specialization of Corbion in lactic acid with total resources to run innovation and the production of durable plastic options.
4. TotalEnergies Corbion
Headquarters: Netherlands
Totalenergies Corbion is a leader in the bioplastics market, especially in poly lactic acid (PLA) production, through his joint venture with totalenergies and corbion, conducts a large -scale PLA feature in Thailand, in Thailand. They offer a biobased and compostable polymer Lumini PLA made of renewable resources, with less carbon footprints than traditional plastic. The company focuses on stability by promoting PLA applications in various fields such as packaging, consumer goods and automotive, while also circulating through mechanical and chemical recycling initiatives.
Are you ready to discover more about the Bioplastics market?
The report provides an in-depth analysis of the leading companies operating in the global Bioplastics market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- BASF SE
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- NatureWorks LLC
- Corbion NV
- TotalEnergies Corbion
- Novamont S.p.A.
- Braskem
- Danimer Scientific
- Eastman Chemical Company
- Kuraray Co., Ltd
- Mitsubishi Chemical Group Corporation
- Others
Conclusion
The bioplastic market is designed for a period of rapid and transformational growth, operated by a global movement away from traditional plastic and towards durable options. This change is a direct response to increasing consumer demand for growing environmental concerns, tough government rules and environmentally friendly products. Major market drivers include dominance of the packaging area, where bioplastic is used rapidly for both hard and flexible applications, and expansion in new industries such as automotive, electronics and textiles. The market is also focusing on technological innovation, with an increase in the use of high-demonstration biopolmers such as PLA and PHA, as well as an increase in the growth of bio-based and biodegradable materials. While Europe is currently the largest market in terms of demand, North America is expected to be the fastest growing area, which is full of stability and a strong push for supportive government policies. Leading companies like BASF SE, Natuareworks LLC, and Totalenenergies Corbion are at the forefront of this market, are investing in research and development to create advanced, permanent solutions that are running global transition into a circular economy.
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