The Global Bioplastic Packaging Material Market was valued at USD 1.54 Billion in 2023 and is projected to reach USD 1.88 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.9% during the forecast period (2024–2030). This steady growth is driven by escalating environmental regulations, robust consumer demand for eco-friendly packaging, and significant technological advancements in biopolymer production across the food & beverage, consumer goods, and pharmaceutical sectors.

As the packaging industry pivots decisively toward circular economy models and waste reduction, the focus intensifies on the material innovators and manufacturers leading the charge. In this analysis, we profile the Top 10 Companies in the Bioplastic Packaging Material Industry—a dynamic mix of chemical giants, specialized bioplastics producers, and biotechnology firms shaping a more sustainable future for packaging.

Download FREE Sample Report: Bioplastic Packaging Material Market – View in Detailed Research Report

---

🔟 1. NatureWorks LLC

Headquarters: Minnetonka, Minnesota, USA
Key Offering: Ingeo™ PLA (Polylactic Acid) biopolymers

NatureWorks is a world-leading producer of biopolymers, exclusively focused on its flagship Ingeo™ portfolio of PLA and lactide monomers. Derived from renewable plant sugars, Ingeo™ is used in a wide array of rigid and flexible packaging applications, including food service ware, fresh food packaging, and fiber-based composites.

Sustainability Initiatives:

• Pioneer in commercial-scale PLA production

• Focus on carbon reduction and compostable end-of-life solutions

• Investment in next-generation feedstocks to enhance sustainability profile

---

9️⃣ 2. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi®, Origo-Bi® (biodegradable and compostable bioplastics)

Novamont is a European leader in the development and production of bioplastics and biochemicals through the integration of chemistry, agriculture, and the environment. Its Mater-Bi® family of materials is renowned for its biodegradability and compostability, widely used in carrier bags, food packaging, and agriculture films.

Sustainability Initiatives:

• Integrated biorefinery model using local supply chains

• Strong advocacy for organic waste collection and composting infrastructure

---

8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio®, ecoflex® (compostable and biodegradable plastics)

BASF’s bioplastics portfolio is part of its broader performance materials division. ecovio® is a certified compostable polymer often used in organic waste bags, compostable packaging films, and agricultural mulch films, combining biodegradability with high performance.

Sustainability Initiatives:

• Development of innovative, certified compostable solutions

• Part of corporate commitment to carbon-neutral growth by 2030

---

7️⃣ 4. TotalEnergies Corbion

Headquarters: Gorinchem, Netherlands
Key Offering: Luminy® PLA (Polylactic Acid) resins

A joint venture between TotalEnergies and Corbion, this company is a major global producer of PLA bioplastics. Luminy® PLA resins offer high performance for demanding applications like hot-fill containers, durable goods, and electronics packaging, with both standard and high-heat resistance grades.

Sustainability Initiatives:

• World-scale PLA production facility in Thailand

• Focus on advancing PLA recycling and end-of-life management technologies

Download FREE Sample Report: Bioplastic Packaging Material Market – View in Detailed Research Report

---

6️⃣ 5. Braskem S.A.

Headquarters: São Paulo, Brazil
Key Offering: I’m green™ bio-based polyethylene (PE)

Braskem is the largest producer of thermoplastic resins in the Americas and a pioneer in bio-based polyolefins. Its I’m green™ polyethylene is made from sustainably sourced sugarcane ethanol, offering a drop-in solution with identical properties to conventional PE, used in flexible and rigid packaging.

Sustainability Initiatives:

• World’s first industrial-scale plant producing bio-based ethylene from a renewable source

• Commitment to carbon neutrality and circular economy by 2050

---

5️⃣ 6. Arkema Group

Headquarters: Colombes, France
Key Offering: Rilsan® PA11 (bio-based polyamide), Pebax® Rnew (bio-based elastomers)

Arkema develops high-performance bio-based polymers from castor oil. While often used in technical applications, these materials are increasingly finding niches in specialized, durable packaging requiring exceptional barrier properties, toughness, and flexibility.

Sustainability Initiatives:

• Over 90% of the carbon content in Rilsan® PA11 is from renewable castor beans

• Investment in advanced bio-circular materials research

---

4️⃣ 7. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: BioPBS™ (Polybutylene Succinate), DURABIO™ (bio-based engineering plastic)

Mitsubishi Chemical offers a diverse portfolio of bio-based and biodegradable polymers. BioPBS™ is a compostable bioplastic suitable for films, injection molding, and foam applications, while DURABIO™ is a durable, bio-based plastic derived from isosorbide.

Sustainability Initiatives:

• Expansion of BioPBS™ production capacity to meet growing demand

• Group-wide vision for a carbon-neutral society by 2050

---

3️⃣ 8. Danimer Scientific, Inc.

Headquarters: Bainbridge, Georgia, USA
Key Offering: Nodax® PHA (Polyhydroxyalkanoates)

Danimer Scientific is a leading developer and manufacturer of biodegradable plastic materials, primarily PHA. Nodax® PHA is biodegradable in multiple environments, including soil, freshwater, and marine settings, making it a promising material for reducing plastic pollution.

Sustainability Initiatives:

• Focus on marine-degradable polymers to address ocean plastic waste

• Strategic partnerships with major brands to commercialize PHA applications

---

2️⃣ 9. FKuR Kunststoff GmbH

Headquarters: Willich, Germany
Key Offering: Bio-Flex® (compostable compounds), Biograde® (bio-based compounds)

FKuR specializes in compounding and marketing a wide range of biodegradable and bio-based plastics. Its products are tailored for specific processing methods and applications, such as film blowing, injection molding, and extrusion coating for the packaging industry.

Sustainability Initiatives:

• Expertise in creating custom compound formulations for specific customer needs

• Active participation in certification bodies for compostability and bio-based content

---

1️⃣ 10. Plantic Technologies Ltd.

Headquarters: Melbourne, Australia
Key Offering: Starch-based bioplastics, high-barrier laminates

Plantic Technologies specializes in engineered starch-based materials that offer high barrier properties against oxygen, making them ideal for protecting sensitive foods and extending shelf life. Their materials are often used in laminated structures for flexible packaging.

Sustainability Initiatives:

• Development of water-soluble and home-compostable packaging solutions

• Focus on renewable, plant-based feedstocks with a low carbon footprint

Get Full Report Here: Bioplastic Packaging Material Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Bioplastic Packaging Is Circular and Innovative

The bioplastic packaging market is at a pivotal juncture. While traditional plastics still dominate volume, the industry is witnessing unprecedented investment in bio-based, biodegradable, and compostable alternatives, alongside critical developments in recycling infrastructure and material science.

📈 Key Trends Shaping the Market:

• Rising consumer awareness and regulatory bans on single-use plastics

• Advancements in drop-in bio-based solutions (like bio-PE and bio-PET) for seamless integration

• Growing importance of certifications (e.g., OK compost, TÜV) for consumer trust

• Strategic brand-manufacturer collaborations to scale viable packaging solutions

Get Full Report Here: Bioplastic Packaging Material Market – View in Detailed Research Report

The companies profiled are not just supplying materials—they are actively constructing the foundation for a sustainable, circular packaging ecosystem that meets the demands of both industry and the planet.