According to Custom Market Insights (CMI), the global bioplastics market size was estimated at USD 10.35 billion in 2021 and is projected to cross around USD 29.79 billion by 2030, with a healthy compound annual growth rate (CAGR) of 17.56% from 2022 to 2030. The bioplastic material is derived from renewable feedstock that includes feedstock, peat moss, prolactin acid, and others. It...

The bioplastics market is rapidly growing as industries and consumers seek eco-friendly alternatives to conventional plastics. Bioplastics, derived from renewable sources like plant starches, cellulose, and fats, as opposed to fossil fuels, offer reduced carbon footprints and are increasingly viewed as a solution to global plastic pollution. The market is divided into two main types:...