Biodegradable Plastic Market Size, Share, and Trends 2024 to 2034

The global biodegradable plastics market size is calculated at USD 5.36 billion in 2025 and is forecasted to reach around USD 19.41 billion by 2034, accelerating at a CAGR of 15.28% from 2025 to 2034. The europe biodegradable plastics market size surpassed USD 2.27 billion in 2025 and is expanding at a CAGR of 15.65% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1067
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Biodegradable Plastic Market, By Type

7.1. Biodegradable Plastic Market, by Type,
7.1.1. Starch-based
7.1.1.1. Market Revenue and Forecast
7.1.2. PBS
7.1.2.1. Market Revenue and Forecast
7.1.3. PLA
7.1.3.1. Market Revenue and Forecast
7.1.4. PLA
7.1.4.1. Market Revenue and Forecast
7.1.5. PBAT
7.1.5.1. Market Revenue and Forecast
7.1.6. Others
7.1.6.1. Market Revenue and Forecast

Chapter 8. Global Biodegradable Plastic Market, By End-User

8.1. Biodegradable Plastic Market, by End-User,
8.1.1. Consumer Goods
8.1.1.1. Market Revenue and Forecast
8.1.2. Agriculture
8.1.2.1. Market Revenue and Forecast
8.1.3. Packaging
8.1.3.1. Market Revenue and Forecast
8.1.4. Others
8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Biodegradable Plastic Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Type
9.1.2. Market Revenue and Forecast, by End-User
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Type
9.1.3.2. Market Revenue and Forecast, by End-User
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Type
9.1.4.2. Market Revenue and Forecast, by End-User
9.2. Europe
9.2.1. Market Revenue and Forecast, by Type
9.2.2. Market Revenue and Forecast, by End-User
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Type
9.2.3.2. Market Revenue and Forecast, by End-User
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Type
9.2.4.2. Market Revenue and Forecast, by End-User
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Type
9.2.5.2. Market Revenue and Forecast, by End-User
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Type
9.2.6.2. Market Revenue and Forecast, by End-User
9.3. APAC
9.3.1. Market Revenue and Forecast, by Type
9.3.2. Market Revenue and Forecast, by End-User
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Type
9.3.3.2. Market Revenue and Forecast, by End-User
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Type
9.3.4.2. Market Revenue and Forecast, by End-User
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Type
9.3.5.2. Market Revenue and Forecast, by End-User
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Type
9.3.6.2. Market Revenue and Forecast, by End-User
9.4. MEA
9.4.1. Market Revenue and Forecast, by Type
9.4.2. Market Revenue and Forecast, by End-User
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Type
9.4.3.2. Market Revenue and Forecast, by End-User
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Type
9.4.4.2. Market Revenue and Forecast, by End-User
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Type
9.4.5.2. Market Revenue and Forecast, by End-User
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Type
9.4.6.2. Market Revenue and Forecast, by End-User
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Type
9.5.2. Market Revenue and Forecast, by End-User
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Type
9.5.3.2. Market Revenue and Forecast, by End-User
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Type
9.5.4.2. Market Revenue and Forecast, by End-User

Chapter 10. Company Profiles

10.1. Biome Technologies plc
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Mitsubishi Chemical Corporation
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. BASF SE
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Plantic Technologies Limited
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Yield10 Bioscience, Inc.
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Corbion
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Eastman Chemical Company
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Dow Inc.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. NatureWorks LLC
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Danimer Scientific
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Toray Industries, Inc.
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. p.A.
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives
10.13. TianAn Biologic Materials Co., Ltd.
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Frequently Asked Questions

The global biodegradable plastic market was valued at USD 4.79 billion in 2024.

Prohibition on the use of single-use plastic along with rising awareness among people related to the ill-effects of plastic waste on the environment are the key factors that stimulate the market growth.

The global biodegradable plastic market is growing at a CAGR of 15.28% during the forecast period 2025 to 2034.

The global biodegradable plastic market size is expected to be worth around USD 19.41 billion by 2034.

In 2023, packaging is the leading end-use segment in the global biodegradable plastics market. This is mainly attributed to the shifting consumer trend from synthetic to bio-based products.

In 2023, Europe was front-runner in terms of revenue in the global biodegradable plastics market. Rising consumer awareness along with the government of Europe has banned the usage of non-degradable plastics are the key factors that fuel the market growth in the region.

the Asia Pacific exhibits the fastest growth over the forecast period owing to large consumer base along with escalating growth of agriculture and food & beverage industry in the region.

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