Biopolymer Films Market size to be worth $7 billion by 2028

According to a new research report by Global Market Insights Inc., the Biopolymer Films Market size is anticipated to cross USD 7 billion by 2028 owing to its excellent properties, which help in enhancing the shelf life of food products. In addition, increasing product use is attributed to improving regulations by FDA against synthetic or petrochemical-based films, which have hazardous impacts on human health & the environment.
 

Growing population coupled with increasing consumer spending power in the Asia Pacific industry is driving food demand, which in turn, will have a positive influence on the food packaging industry in the coming years. Biopolymer films are made up of cellulose, protein, and other bio-based products and hence are even edible, which makes them preferable in the food packaging business.
 

Protein-based films are used in different food products to protect food physically, improve mechanical handling, reduce lipids migration, restrict oxygen absorption, and decrease moisture loss from the food. In addition, biopolymer films are a feasible solution to the waste generated during the disposal of plastic food packaging materials. Moreover, the product’s functional additives extend the food shelf life by decreasing microbial growth and improving the food quality.
 

Due to the COVID-19 pandemic, the biopolymer films industry has witnessed negative demand. Various end-user industries in the market have either reduced the demand for biopolymer films or have stopped their orders for biopolymer films, thus reducing the demand for biopolymer films.
 

Moreover, strict lockdowns measures implemented by various governments around the world have limited the production of biopolymer films. However, as the situation comes back to normal and the lockdown measures start to ease, the market for biopolymer films is expected to grow during the projected period.
 

Browse key industry insights spread across 350 pages with 573 market data tables & 21 figures & charts from the report, “Biopolymer Films Market Size, By Raw Material (Bio-based, Microbial Synthesized, Synthetic, Partially Bio-based), By Technology (Sol-gel, Atomic Layer Deposition [ALD], Multilayer), By Product (PLA, PHB, PHA, PVA, Polyamide, Mulch, Cellophane), By End-user (Food & Beverage, Home & Personal Care, Medical & Pharmaceutical, Agriculture), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/biopolymer-films-market
 

The microbially synthesized segment to gain attention among market players

The microbially synthesized segment is expected to attain over 29% volumetric shares by 2028. Microbial synthesized is generally obtained by intracellular, structural, and extracellular microorganism synthesis. The material has superior mechanical and barrier properties. Rising consumer awareness coupled with government support on the use of eco-friendly products is a key propelling factor in the microbial synthesized-based biopolymer films market size during the forecast timespan.
 

The atomic layer deposition segment to drive industry growth during the forecast period

The atomic layer deposition segment is projected to reach around USD 2.2 billion by the end of the forecast period. The atomic layer deposition technique is growing at a lucrative growth rate due to its superior features such as it being well suited for inorganic barrier coatings on bio-based and synthetic films. In this process, various coatings are used such as Al2O3, SiO2, and ZnO. Among these, Al2O3 enhances gas & moisture barrier properties of the films and ZnO offers antimicrobial & barrier properties to the product.