Bio-Based Plastic Packaging Market – By Material, By Packaging Type, By End Use Industry– Global Forecast, 2025 - 2034

Bio-Based Plastic Packaging Market Size

The global bio-based plastic packaging market size was valued at USD 19.8 billion in 2024 and is estimated to grow at 17.7% CAGR from 2025 to 2034. The growing production of bioplastic is a key factor indicating the global shift towards sustainable focused packaging which creates opportunities for the market.
 

According to European Bioplastic the global production capacity of bioplastics in the year 2023 was around 1,008 tons and is expected to grow and reach 1,948 tons by the year 2029. This reflects the rising integration of bioplastics which in turn shows the growth of the bio-based plastic packaging market. There are significant initiatives taken for the transition towards bio-based plastics to achieve the goal of reducing the carbon footprint across the globe.
 

The increasing green initiatives and the push for sustainable approaches has led to the adoption of bio-based plastic packaging in various sectors such as food & beverages personal care and cosmetics, pharmaceuticals, etc. Companies are aligning with the vision to reduce environmental impact on the environment using traditional non-biodegradable plastics. For instance, in January 2025, Corn Next, which is a biotech company, launched its bio-based plastic material, CornNext-17 which is based out of corn-starch material and is naturally fermented for the use in various settings. CornNext-17 is made for biodegradable packaging such as tableware, single used food containers and others.
 

The bio-based plastic packaging refers to the packaging type which are derived from renewable sources such as plants which include starch, cellulose, etc. instead of using non-renewable sources. Bio-based plastic packaging is an alternative to the traditionally used plastics as it is easily decomposed into nature by the microorganism under certain circumstances.
 

Bio-Based Plastic Packaging Market Trends

• The growing technological development in the field of sustainable packaging is a key trend in the market of bio-based plastic packaging. To cater the changing need of the consumers there are introduction of new technologies which supports the biodegradable packaging. For instance, in June 2024, Lignin Industries AB, a Swedish company announced its mass production of its Renol technology which was bio-based material developed from forest tree residue, lignin.
   
• The rising shift of the consumers towards e-commerce and online shopping necessities the demand for sustainable packaging methods. According to the International Trade Administration (ITA) global B2C e-commerce is expected to cross the value of USD 5.5 trillion by the year 2027. Thus, the e-commerce sectors are changing the methods of packaging by adopting bio-based plastic packaging and highlighting the commitment towards sustainable goals.
   

Bio-Based Plastic Packaging Market Analysis

Based on material, the market is divided into biodegradable and non-biodegradable.
 

• The biodegradable market is expected to grow at a CAGR of 20.2% in the forecast period. The growing consumer demand for sustainable packaging along with the government regulations has led to significant growth of the bio-plastics packaging market. Companies are bringing their attention to provide biodegradable plastics in the market. For instance, in November 2024, Fortum launched its biodegradable Co2 based plastic using carbon capture and utilisation (CCU) technology.
   
• The non-biodegradable market was valued at USD 8.7 billion in the year 2024. Non-biodegradable plastics are preferred more owing to their high durability and wider usage across industries. Companies are making strategic collaborations to help grow in the current dynamics of the market. For instance, in October 2024, Lamb Weston and OPACKGROUP joined hands to form sustainable packaging made with bio-renewable polyethylene.
   

Based on packaging type, the bio-based plastic packaging market is bifurcated into flexible packaging and rigid packaging.
 

• The flexible packaging market is expected to grow at a CAGR of 18.4% in the forecast period. The gain in momentum of the sustainable initiatives is creating the demand for flexible packaging which are bio-based and are eco-friendly. Companies are addressing the concerns related to plastic waste by coming into partnership and developing compostable flexible packaging solutions. For instance, in October 2023, Yash Pakka Limited collaborated with Brawny Bear for the development of compostable flexible packaging which can be used under various end use applications.
   
• The rigid packaging market is predicted to grow and reach a value of USD 37.2 billion by the year 2034. The bio-based rigid packaging is witnessing growth owing to the increasing awareness of the traditional plastic impact on the environment. In April 2024, Bpacks announced the launch of bark-based packaging technology which uses bark from trees to make rigid plastic packaging. These factors highlight the trends towards sustainable methods and initiatives for the growth of bio-based plastic packaging.
   

Based on end use industry, the market is divided into food and beverage, consumer goods, pharmaceuticals, personal care & cosmetics, and others.
 

• The food and beverages in the bio-based plastic packaging market was valued at USD 5.7 billion in the year 2024. With the companies seeking more sustainable packaging solutions, there is growing demand for bio-based plastic packaging in the food and beverages sectors. Companies are working together to produce solutions which are in line with the environmentally friendly initiatives. For instance, in October 2024, the Accredo Packaging and Fresh Lock formed a bio-based pouch with zipper closure. The packages in the form of pouches that come with the zipper are widely used in the food and consumers product market.
   
• By 2034, the pharmaceutical in the bio-based plastic packaging market is expected to grow and reach a value of USD 25.9 billion. With the increasing focus of sustainable practices across the globe, pharmaceutical companies are seeking solutions in the form of bio-based plastics and making significant attempts to reduce carbon emissions.
   

• In 2024, the U.S bio-based plastic packaging market was valued at USD 4.7 billion. The increasing use of eco-friendly packaging has led to the growth of the market in the country. Companies are introducing innovative solutions to cater to the consumer needs in the country which involves sustainable packaging. In September 2024, Braskem launched its bio-based polypropylene (PP) for packaging applications in the U.S. market specifically for the snack and food restaurants industries.
   
• The bio-based plastic packaging market in the UK is anticipated to grow at a CAGR of 18.8% in the forecast period. The country is governed by the stringent European packaging laws which drive the market towards adoption of bio-based plastics packaging solutions. Major retailers are embracing the shift towards packaging options which are not harmful to the environment.
   
• The bio-based plastic packaging market in China was valued at USD 2.1 billion in the year 2024. The market is growing as China is seeking remedies to curb down the carbon footprint. The growing e-commerce in the country marks the growth of bio-based packaging for products. The country is actively working towards the adoption of compostable and biodegradable materials for the forming of bio plastics packaging.
   
•  The bio-based plastic packaging market in Japan is anticipated to grow at a CAGR of 19.4% in the forecast period. The country has been progressing with bio-plastic packaging to meet the demand of the growing food and beverage industry in the country. In November 2024, Suntory Group announced to distribute around 45 million bio-PET bottles for some selected beverages in Japan. This showcases the growth in the market with the country.
   
• The bio-based plastic packaging in India is projected to grow at a CAGR of 18.4% in the forecast period. There are growing center establishments for the growth of the market in the country where the focus lies on sustainable solutions in the packaging industry. For instance, in January 2025, IIT-M formed a new centre to develop zero waste bioplastic so that the environmentally friendly packaging options are available.
   
• The bio-based plastic packaging market in Australia is anticipated to and reach a value of USD 1.3 billion by the year 2034. With the advent of bioplastic solutions in the market, there is growing demand to produce compostable plastic as it serves the purpose of packaging in various applications. For instance, in September 2024, CISRO, Australia’s national science agency together with Murdoch University unveiled bioplastics innovation Hub for the development of 100% compostable plastic.
   

Bio-Based Plastic Packaging Market Share

The bio-based plastic packaging industry is competitive in nature owing to the players in the market leveraging the growing interest towards sustainable and environmentally friendly packaging option in various sector. Top 5 companies in the bio-based plastic packaging market are Amcor plc, NatureWorks LLC, Novamont S.p.A., Sealed Air Corporation, and Stora Enso and they together constitute a market share in the range of 30-35% in 2024. The companies are collaborating with each other and through the strategic partnership the players in the market are forming solutions which are alternative to the traditional packaging. The market witnesses growth as the food and beverages, pharmaceutical and other related sectors are seeking significant demand for the packaging which are bio-based. Consumers are shifting to eco-friendly sustainable packaging options which is creating more demand for packaging solution which does not impact the environment adversely.
 

Bio-Based Plastic Packaging Market Companies

The top 5 companies operating in the bio-based plastic packaging industry include:

• Amcor plc
• NatureWorks LLC
• Novamont S.p.A.
• Sealed Air Corporation
• Stora Enso
   

Amcor plc has a strong focus towards sustainable solutions and the company thrives on innovative solution in the packaging industry. Over the years the company has developed solutions such as compostable packaging which are specifically for fresh produce. The companies invest in R & D for the innovation purpose with the focus towards extending the shelf life of the product.
 

NatureWorks LLC company is a prominent player in the bio-based plastic packaging market. The company has been providing solutions which are sustainable in nature and the offerings are compostable as well as recyclable. The company packaging products are widely used in food and beverages packaging and other related areas with the goal to reduce the escalated carbon emissions by transitioning towards sustainable bio-based plastics.
 

Bio-Based Plastic Packaging Industry News

• In November 2023, Sulzer expanded its bioplastics portfolio by the introduction of new technology, CAPSUL, which focuses on the optimal process performance. It offers premier quality polycaprolactone (PCL) grades which are used in packaging of textile, horticulture and agricultural products.
   
• In October 2024, a partnership was formed between AIMPLAS, Novamont, TotalEnergies Corbion, Corbion, Sulapac, and Kaneka under the project of ReBioCycle project to implement the European bioplastic upcycling solutions.
   
• In June 2024, the researchers and scientist from the university of CopenHagen invented 100% biodegradable plastic which was composed of barley starch with a blend of fibre derived from sugarbeet waste.
   

The bio-based plastic packaging market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million and volume (in tons) from 2021 – 2034 for the following segments:

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Market, By Material

• Biodegradable
  • Starch blends
  • Polylactic acid
  • Polybutylene succinate (PBS)
  • Polybutylene adipate terephthalate (PBAT)
  • Others
• Non-biodegradable  
  • Bio polyethylene terephthalate
  • Bio polyethylene
  • Bio polyamide
  • Others

Market, By Packaging Type

• Rigid packaging
  • Bottles & jars
  • Trays & containers
  • Clamshells
• Flexible packaging
  • Pouches & sachets
  • Bags & wraps
  • Films
  • Others

Market, By End Use Industry

• Food and beverages
  • Food
    • Fresh food
    • Processed food
    • Dairy products
    • Bakery & confectionery
  • Beverage
    • Water & soft drinks
    • Alcoholic beverages
    • Juices & dairy drinks
• Consumer goods
  • Electronics
  • Household products
• Pharmaceuticals
  • Pharmaceuticals
  • Medical devices
• Personal Care & Cosmetics
  • Skincare
  • Haircare
  • Makeup
• Others

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE