Starch-based Bioplastics Market Share & Industry Forecast 2031

Posted by pooja on August 2nd, 2022

The starch-based bioplastics market has been projected to expand significantly in the upcoming years. These rapid growth opportunities in the market are due to the increasing use of starch-based bioplastics as the alternative packaging solution. This application is because of their barrier properties that limit the transfer of moisture from food to the atmosphere.

The starch-based films are used at an increased rate in the packaging industry for commodities packaging, pharmaceutical packaging, cosmetics packaging, and food packaging that further drive the growth avenues in the market. Further, ongoing investments, as well as subsidies by the government bodies from the developing countries related to the use of biodegradable plastics in order to mitigate the disposal issues of the traditional plastics in landfills and sea, have also been anticipated to create growth opportunities in the starch-based bioplastics market.

At the present time, starch is commonly applied in the food business because of its abundant supply through the help of renewable resources. Intrinsic biodegradability, and low cost. In addition to this, there are a lot of bioplastics that are available in the global market and are made from starch. 

Some of the key players in the starch-based bioplastics market are:

  • BASF SE
  • Yield10 Bioscience, Inc.
  • Biobag International
  • Innovia Films Limited
  • Biome Bioplastics Limited
  • Novamont SPA
  • Cardia Bioplastics Ltd.
  • Natureworks LLC
  • Toray Industries Inc. Inc.
  • Corbion N.V.  

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pooja
Joined: July 27th, 2022
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