Sustainable Growth Ahead: Bioplastics Market to Reach US$ 19.43 Billion by 2031 at 13.2% CAGR

United States of America – October 29, 2025 – According to The Insight Partners, the bioplastics market size is projected to reach US$ 19.43 billion by 2031 from US$ 7.20 billion in 2023. The market is expected to register a CAGR of 13.2% in 2023–2031. The global bioplastics market is entering a new era of innovation and expansion, driven by environmental awareness, evolving consumer preferences, and dynamic policy support. As industries worldwide accelerate their shift toward sustainability, bioplastics are standing at the forefront of this transformation, enabling brands and manufacturers to reduce their environmental footprint and meet the demand for eco-friendly solutions in packaging, transport, textiles, agriculture, and consumer goods. The following press release offers a comprehensive overview of the current landscape, major trends, regional developments, and forecast through to 2031, humanized for industry audiences and optimized for search engines with a focus on bioplastics market relevance.

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Bioplastics Industry Launches into Global Spotlight with Accelerating Growth

In recent years, the bioplastics market has become a beacon of progress for sustainable materials, empowered by renewed industry focus on environmental stewardship and circular economy goals. Fuelled by a growing consumer base and stringent government regulations banning single-use plastics, this market is rapidly expanding its reach and influence, especially in sectors such as packaging, automotive, agriculture, and textiles.​

Industry Momentum: Latest News and Innovation

2025 has been a pivotal year for developments and investments in bioplastics, with forward-looking companies introducing new product lines and production facilities across global markets. In the United States, Green Dot Bioplastics launched a home-compostable resin line for consumer goods and food packaging, while NatureWorks LLC broke ground on a new PLA facility in Georgia, signaling robust domestic capacity expansion. Japan’s Kaneka Corporation unveiled a breakthrough technology utilizing CO2-fed bacteria to produce biodegradable plastics, propelling carbon-recycling innovations into the spotlight. These milestones mark a shift from single-use solutions to circular and truly sustainable materials.​

Bullet Points: Bioplastics Market Size, Share, Trends, and Forecast by 2031

• The bioplastics market is projected to reach US$ 19.43 billion by 2031, registering strong double-digit CAGR through the decade.​
• Packaging remains the dominant application segment, accounting for more than 45% of global consumption due to the rise in e-commerce and food delivery.​
• Regional growth is being led by Europe, North America, and Asia Pacific, with Europe maintaining the largest market share due to clear legislative mandates driving bio-based adoption.​
• Key trends for 2031 include a surge in biodegradable and renewable plastics, the rise of polylactic acid (PLA) and polyhydroxyalkanoates (PHA), rapid advancements in bio-feedstocks, and increased R&D investment to support new high-performance applications.​
• Strategic partnerships, mergers, and circular manufacturing models are reshaping competitive dynamics and opening new avenues in automotive, textiles, and construction.​
• The market is forecast to advance in alignment with global net-zero and plastic waste reduction targets, propelled by both voluntary corporate action and regulatory procurement.​
• Consumption of bioplastics from renewable feedstocks is expected to steadily displace petroleum-based plastics across all key verticals by 2031.​

Global and Regional Landscape: Market Analysis

Global Overview

The adoption of bioplastics is being powered worldwide by regulatory pressure, a surge in sustainable packaging demand, and a shift in consumer values. Countries are enforcing bans on non-recyclable plastics and implementing mandates for compostable, recyclable packaging. This regulatory climate accelerates commercial timelines and encourages manufacturers to prioritize bio-based solutions across applications.​

Regional Analysis

• Europe: Leads with aggressive environmental policies and circular economy targets. Bioplastics are integrated into automotive, textiles, packaging, and agriculture, with compliance-driven growth and the highest market share.​
• North America: Focuses on innovation, advanced feedstock development, and light-weight materials for automotive and electronic goods. The USDA initiatives and consumer demand for quality, sustainable products support robust market expansion.​
• Asia Pacific: Witnesses rising consumption, especially in China and India, driven by infrastructure development, manufacturing expansion, and increasing disposable incomes. Regulatory reforms and eco-friendly preferences drive market penetration.​
• Japan: Advances carbon recycling and innovative feedstock production, with new CO2-based technologies demonstrating market-leading research and development initiatives.​

Market Segmentation Highlights

• By Type: The market is bifurcated into biodegradable and non-biodegradable bioplastics, each segment growing rapidly across packaging and durable applications.​
• By Application: Packaging, agriculture, consumer goods, automotive & transportation, textiles, and building/construction represent the key verticals, with packaging and automotive applications growing most quickly.​

Profiles of Market Leaders

Recognized global leaders such as Teijin Limited, Toray Industries, Inc., Sabic, BASF SE, Total Corbion PLA, Braskem S.A., Biome Bioplastics, Mitsubishi Chemical Corporation, Novamont S.P.A., and Natureworks LLC are driving innovation, sustainability, and market expansion through investments in R&D, strategic alliances, and advanced biopolymer technologies.

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Strategic Perspective: Looking Ahead to 2031

The journey toward a bioplastics-dominated future is guided by multi-stakeholder collaboration, upstream innovation, and value chain transformation. From compostable food wraps to high-strength automotive components, bioplastics are increasingly recognized as central to solving some of the planet's most pressing challenges—reducing carbon footprints, protecting ecosystems, and meeting circular economy mandates.

Industry analysts expect adoption to accelerate further as new technologies bring scalability and cost-effectiveness to production, and as public awareness of environmental impacts steers buying patterns. With ongoing research, regulatory shifts, and sustained investment, the market is set to unlock new growth frontiers through 2031.

Related Reports:

• Bioplastic Packaging Market Developments, Trends, Opportunities, and Forecast by 2031
• Biodegradable Plastics Market Developments and Forecast by 2028
• Bioplastics and Biopolymers Market Size and Competitive Analysis by 2030
• Bioplastic Textiles Market Size, Segments, and Growth by Forecast by 2031

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