The plant-based plastics market was valued at USD 1.9 billion in 2024 and grew to USD 2.1 billion in 2025. It is expected to reach about USD 5.29 billion by 2034, growing at a CAGR of 10.74% from 2025 to 2034.
Plant-Based Plastics Market Key Players
- NatureWorks LLC
- Braskem S.A.
- BASF SE
- TotalEnergies Corbion
- Biome Bioplastics
- Novamont S.p.A.
- FKuR Kunststoff GmbH
- Roquette Frères
- Mitsubishi Chemical Corporation
- Toray Industries, Inc.
- Danimer Scientific
- Teijin Limited
- Plantic Technologies Limited
- BiologiQ, Inc.
- Green Dot Bioplastics
- Corbion N.V.
- Evonik Industries AG
- Cardia Bioplastics
- Trinseo S.A.
- Treva (Eastman Chemical Company)
Latest Announcements by Industry Leaders:
- In February 2025, Liverpool bottled water brand Win Win Water announced the launch of its new bottle, made from 100% Luminy PLA sourced from TotalEnergies Corbion. The water inside, sourced from the National Forest UK and the Austrian Mountains, is naturally alkaline and high in electrolytes and minerals. The company aims to address the environmental challenges posed by traditional plastic bottles.
Recent Development:
- In April 2025, Continental launched a sustainable key fob that uses 100% bioplastic for its outer casing. The organization’s commitment towards the design for environment procedure, which was introduced internally in 2021, has been an enabler in exploring organic substances for production. Continental is gradually making a shift towards offering solutions that are environmentally conscious.
- In December 2024, Starbucks introduced new biodegradable, plant-based straws to stores in Japan, in support of the company’s environmental promise to be resource-positive and commitment to reduce waste by half by 2030. The new straw is made from Green Planet, a plant-based, biodegradable biopolymer.
