Global Biodegradable Food Bioplastics Market Growth 2024-2030
Biodegradable food bioplastics are an environmentally friendly alternative to traditional plastics, designed to break down naturally in composting conditions. Made from renewable resources such as corn starch, potato starch, and sugarcane, these bioplastics offer a sustainable solution for food packaging, utensils, and containers. They reduce the environmental impact by minimizing plastic pollution and decreasing reliance on fossil fuels. As biodegradable food bioplastics decompose, they release fewer greenhouse gases compared to conventional plastics, aligning with global efforts to combat climate change.
The global Biodegradable Food Bioplastics market size is projected to grow from US$ 891 million in 2024 to US$ 1214 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Biodegradable Food Bioplastics Industry Forecast” looks at past sales and reviews total world Biodegradable Food Bioplastics sales in 2023, providing a comprehensive analysis by region and market sector of projected Biodegradable Food Bioplastics sales for 2024 through 2030. With Biodegradable Food Bioplastics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biodegradable Food Bioplastics industry.
This Insight Report provides a comprehensive analysis of the global Biodegradable Food Bioplastics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biodegradable Food Bioplastics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biodegradable Food Bioplastics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biodegradable Food Bioplastics and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biodegradable Food Bioplastics.
United States market for Biodegradable Food Bioplastics is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Biodegradable Food Bioplastics is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Biodegradable Food Bioplastics is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Biodegradable Food Bioplastics players cover Tetra Pak, Vegware, Plantic Technologies, TIPA, Uflex, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Biodegradable Food Bioplastics market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Photodegradation
Biodegradation
Photo-biological Degradation
Segmentation by Application:
Flexible Packaging
Stand-up Pouches
Trays
Containers
Bottles
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Tetra Pak
Vegware
Plantic Technologies
TIPA
Uflex
DuPont
Innovia Films
Huhtamaki Group
Amcor
Mondi Group
Be Green Packaging
Biopak
Biomass Packaging
Eco-Products
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biodegradable Food Bioplastics market?
What factors are driving Biodegradable Food Bioplastics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biodegradable Food Bioplastics market opportunities vary by end market size?
How does Biodegradable Food Bioplastics break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.