The report highlights the growth of bioplastics and biopolymers, with sugarcane and sugar beet being leading renewable feedstocks. The consumer goods segment is expected to be the second-largest end-use industry in 2024, driving market demand. Asia-Pacific is the dominant region, while Europe is leading in policy and innovation. Strong governmental backing in Europe is driving growth, with countries like South Korea and Japan demonstrating impressive growth rates. The market is shaped by a blend of global giants and agile innovators, with key players like BASF, TotalEnergies Corbion, and Biome Bioplastics making significant strides. The report also highlights recent developments in the biopolymers and bioplastics market, including collaborations, certifications, and innovation driving the future of sustainable materials. The market is expected to experience a robust Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period from 2025 to 2034. The report covers market trends, growth prospects, and opportunities in various industries, including bioplastics, biopolymers, glycoprotein, cell-free protein, wheat protein ingredient, conventional cargo bike, metal matrix composites, and more.
Top factors driving the bioplastics and biopolymers market, including key opportunities and emerging trends
