Bio-based Polymers Market Size
| Study Period | 2019 - 2030 |
| Market Volume (2025) | 1.86 Million tons |
| Market Volume (2030) | 5.53 Million tons |
| CAGR (2025 - 2030) | 24.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bio-based Polymers Market Analysis
The Bio-based Polymers Market size is estimated at 1.86 million tons in 2025, and is expected to reach 5.53 million tons by 2030, at a CAGR of 24.3% during the forecast period (2025-2030).
COVID-19 impacted the bio-based polymer market's growth. However, the increased demand for packaged food and online food deliveries during the pandemic and post-pandemic propelled the consumption of packaging coatings, which resulted in the consumption of bio-based polymers.
- Over the short term, increasing demand for sustainable plastics is one of the major factors driving market demand.
- On the flip side, the performance issue with bioplastics and the high prices associated with bio-based polymers compared to petroleum-based polymers are expected to hinder the growth of the market studied.
- The increasing applications of biodegradable plastics are likely to present an opportunity in the future.
- Moreover, the packaging industry dominates the market and is expected to grow during the forecast period.
Bio-based Polymers Market Trends
Increasing Demand from Packaging Industry
- Packaging is one of the largest markets for bio-based polymers. These polymers exhibit excellent clarity and gloss, resistance to food fats and oils, and an aroma barrier. Additionally, they also provide stiffness, twist retention, and printability to the packaging.
- Bio-based polymers are mostly used in fruit and vegetable packaging in supermarkets, for bread bags and bakery boxes, bottles, envelopes, display carton windows, and shopping or carrier bags, among others. For instance, according to the Department of Commerce (India), the export value of fresh vegetables from India amounted to about USD 890.96 million in the fiscal year 2024. For processed vegetables, the value stood at nearly USD 652.84 million in the same year. Therefore, an increase in the exports of fresh and processed vegetables is expected to create demand for bio-based polymers in the country.
- The bio-based polymer market for packaging is growing rapidly in the European and North American regions. The increasing intervention of the FDA and related organizations in terms of food safety is largely promoting the usage of biodegradable and food-grade plastics for beverage and snack consumption.
- The restaurant chains and food processing industries are increasingly adapting biodegradable materials for food packaging. Consumer awareness is also rising rapidly, especially in emerging economies, in terms of food safety, as some plastics are proven carcinogenic.
- The growth in developing regions, like Asia-Pacific, South America, and the Middle East, is expected to increase in the near future due to the improving food packaging standards of various food and safety organizations.
- Moreover, the higher ease of disposing of biodegradable polymers has further added to their growing demand from the packaging industry.
Europe Region to Dominate the Market
- Europe holds the largest share of bio-based polymers and dominates the global market.
- Public awareness and government initiatives in the region have supported the use of biodegradable polymers in carrier bags, food packaging, food services (cutlery, etc.), and organic waste caddy liners, among others.
- Various countries in the region have been focusing on offering more eco-friendly packaging. This has increased the demand for polylactic acid in the packaging sector.
- The United Kingdom (UK) is among the leading countries in Europe, where the demand for bio-based polymer packaging has been increasing. The higher awareness about the sustainability factors of packaging products, along with recent government initiatives, are creating a favorable market scenario for the growth of the studied market in the country. The ban on single-use plastics is among the primary factors that will directly impact the demand for bio-based polymer packaging products.
- The United Kingdom packaging manufacturing industry, as reported by the Packaging Federation of the United Kingdom, boasts annual sales of GBP 11 billion (~USD 13.86 billion). Employing over 85,000 individuals, it constitutes 3% of the nation's manufacturing workforce. Beyond its workforce significance, the industry plays a pivotal role in bolstering the UK's GDP and serves as a crucial component in the expansive packaging supply chain. This prominence is poised to drive an increased demand for bio-based polymers in the foreseeable future. Data from the Office for National Statistics (UK) reveals a growth in revenue from packaging activities, climbing from USD 5,379 million in 2022 to USD 5,505 million in 2023.
- Germany's packaging industry is witnessing rapid growth, fueled by a surge in domestic e-commerce and a boost in foreign exports. Moreover, the rising preference for packaged food and beverages further propels this industry's expansion. In Germany, there's a notable trend towards using packaging solutions for customized products and fostering innovation. The demand for smaller pack sizes is evident across the country's packaged food sectors. According to Statistisches Bundesamt, the German packaging industry raked in nearly EUR 32.5 billion (~USD 33.78 billion) in revenue in 2023.
- The European Union (EU) is working towards the 2050 net-zero emissions goal and tackling the increasing environmental and sustainability crises by implementing the European Green Deal. The inclination towards a more sustainable society is intertwined with the European economy's production, use, and disposal of plastic.
- The growing need for small-size packaging and the growing consumption habits associated with the change in lifestyles are anticipated to propel the demand for bio-based polymers over the forecast period.
Bio-based Polymers Industry Overview
The bio-based polymer market is partially consolidated by nature. Some of the major players in the market (not in any particular order) include BASF SE, Covestro AG, BIOTEC Biologische Naturverpackungen GmbH & Co. KG., thyssenkrupp AG, and NatureWorks LLC, among others.
Bio-based Polymers Market Leaders
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Covestro AG
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BASF SE
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thyssenkrupp AG
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NatureWorks LLC
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BIOTEC Biologische Naturverpackungen GmbH & Co. KG.
*Disclaimer: Major Players sorted in no particular order
Bio-based Polymers Market News
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Bio-based Polymers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Preference toward Eco-friendly Polymers to Preserve Environment
4.1.2 Regulation on Non-degradable Polymers in Many Countries
4.1.3 Increasing Consumer Awareness in Developed and Developing Nations
4.1.4 Non-toxic Nature of Biodegradable Polymers
4.2 Restraints
4.2.1 Higher Price Compared to Petroleum-based polymers
4.2.2 Low Awareness in Low Income Countries
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Volume)
5.1 Type
5.1.1 Starch-based Plastics
5.1.2 Poly Lactic Acid (PLA)
5.1.3 PolyHydroxy Alkanoates (PHA)
5.1.4 Polyesters (PBS, PBAT, and PCL)
5.1.5 Cellulose Derivatives
5.2 Application
5.2.1 Agriculture
5.2.2 Textile
5.2.3 Electronics
5.2.4 Packaging
5.2.5 Healthcare
5.2.6 Other Applications
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 Rest of World
5.3.4.1 Brazil
5.3.4.2 Saudi Arabia
5.3.4.3 Rest of the World
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 BASF SE
6.4.2 Biologische Naturverpackungen GmbH & Co. KG.
6.4.3 Cardia Bioplastics
6.4.4 Covestro AG
6.4.5 Corbion
6.4.6 Cortec Group Management Services, LLC
6.4.7 DuPont de Nemours, Inc.
6.4.8 FKuR
6.4.9 FP International
6.4.10 Innovia Films
6.4.11 Merck KGaA
6.4.12 YIELD10 BIOSCIENCE, INC. (Metabolix Inc.)
6.4.13 NatureWorks LLC
6.4.14 Novamont SpA
6.4.15 Rodenburg Biopolymers
6.4.16 SHOWA DENKO K.K.
6.4.17 thyssenkrupp AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Applications of Bio-degradable Plastics
7.2 Increasing Research in Drug Delivery
7.3 Rising Regulations in Emerging Countries
Bio-based Polymers Industry Segmentation
Bio-based materials are derived from plants and are biodegradable. Similarly, bio-based polymers are also derived from plants such as corn, sugarcane, vegetable oil, soybeans, cellulose, and others. These polymers are also known as next-generation polymers, which are used to reduce the use of fossil fuels. Cellulose and starch were the first bio-based polymers invented and used in textiles, packaging construction, and other applications. The bio-based polymers market is segmented by type, application, and geography (Asia-Pacific, North America, Europe, and the rest of the world). By type, the market is segmented into starch-based plastics, polylactic acid, polyhydroxy alkanoates, polyesters, and cellulose derivatives. By application, the market is segmented into agriculture, textiles, electronics, packaging, healthcare, and other applications. The report also covers the market size and forecasts for the bio-based polymers market in 13 countries across major regions. The report offers market sizes and forecasts for each segment based on volume (tons).
| Type | |
| Starch-based Plastics | |
| Poly Lactic Acid (PLA) | |
| PolyHydroxy Alkanoates (PHA) | |
| Polyesters (PBS, PBAT, and PCL) | |
| Cellulose Derivatives |
| Application | |
| Agriculture | |
| Textile | |
| Electronics | |
| Packaging | |
| Healthcare | |
| Other Applications |
| Geography | |||||||
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Bio-based Polymers Market Research FAQs
How big is the Bio-based Polymers Market?
The Bio-based Polymers Market size is expected to reach 1.86 million tons in 2025 and grow at a CAGR of 24.30% to reach 5.53 million tons by 2030.
What is the current Bio-based Polymers Market size?
In 2025, the Bio-based Polymers Market size is expected to reach 1.86 million tons.
Who are the key players in Bio-based Polymers Market?
Covestro AG, BASF SE, thyssenkrupp AG, NatureWorks LLC and BIOTEC Biologische Naturverpackungen GmbH & Co. KG. are the major companies operating in the Bio-based Polymers Market.
Which is the fastest growing region in Bio-based Polymers Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Bio-based Polymers Market?
In 2025, the Europe accounts for the largest market share in Bio-based Polymers Market.
What years does this Bio-based Polymers Market cover, and what was the market size in 2024?
In 2024, the Bio-based Polymers Market size was estimated at 1.41 million tons. The report covers the Bio-based Polymers Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bio-based Polymers Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Bio-based Polymers Industry Report
Statistics for the 2025 Bio-based Polymers market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Bio-based Polymers analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Bio-based Polymers Market Report Snapshots
