The Global Bioplastics for Packaging Market was valued at USD 8.4 Billion in 2023 and is projected to reach USD 25.6 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period (2023–2030). This growth is being driven by rising consumer demand for eco-friendly packaging, stringent regulations on single-use plastics, and advancements in biodegradable materials across food, beverage, and consumer goods sectors.

As the packaging industry transforms toward sustainable and low-impact operations, the spotlight is on the key bioplastics producers who are driving innovation, scalability, and greener alternatives to traditional petroleum-based plastics. In this blog, we profile the Top 10 Companies in the Bioplastics for Packaging Industry—a mix of chemical giants, specialized innovators, and packaging specialists shaping the future of environmentally responsible packaging solutions.

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🔟 1. The Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Bio-PE, Renuva™ recycled content resins, and bio-based polymers for flexible packaging

The Dow Chemical Company stands as a global leader in materials science, with a strong focus on bioplastics derived from renewable sources like sugarcane. Their bioplastics portfolio supports flexible films, bottles, and pouches, serving major brands in food and personal care industries. Dow’s commitment to circular economy principles has positioned it at the forefront of developing drop-in bioplastics that maintain performance while reducing fossil fuel dependency.

Sustainability Initiatives:

• Investment in bio-based polyethylene production exceeding 1 million tons annually
• Partnerships with brands to replace virgin plastics in packaging applications
• Goal to incorporate 3 million metric tons of recycled and bio-content materials by 2030

Download FREE Sample Report: Bioplastics for Packaging Market – View in Detailed Research Report

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9️⃣ 2. Braskem

Headquarters: São Paulo, Brazil
Key Offering: I’m green™ bio-PE, bio-PP for films, bottles, and rigid packaging

Braskem pioneered the commercial production of bio-based polyethylene, sourcing from renewable ethylene derived from ethanol. The company supplies bioplastics for packaging to global clients, emphasizing compatibility with existing recycling infrastructure. Operating in over 70 countries, Braskem’s innovations address the need for sustainable alternatives in high-volume packaging like grocery bags and beverage containers.

Sustainability Initiatives:

• Production of over 200,000 tons of bio-PE per year, reducing CO2 emissions by millions of tons
• Collaborations with sugarcane farmers to ensure responsible sourcing
• Expansion plans for bio-based polypropylene to meet growing demand in Asia and Europe

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8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio® biodegradable films, bio-PBS for flexible and rigid packaging

BASF, a chemical powerhouse, offers a range of bioplastics certified for compostability, ideal for applications in agriculture and food packaging. Their solutions blend fossil and bio-based components to enhance barrier properties and durability. BASF’s global reach ensures supply chain reliability, supporting brands transitioning to sustainable packaging amid EU regulations.

Sustainability Initiatives:

• Development of fully bio-based polybutylene succinate (PBS) resins
• Targets for 100% renewable or recycled raw materials in plastics by 2030
• Partnerships with packaging converters to optimize compostable material performance

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7️⃣ 4. Tetra Pak International

Headquarters: Pully, Switzerland
Key Offering: Bio-based carton packaging, plant-based polymers for aseptic containers

Tetra Pak dominates the liquid food packaging sector with innovative bio-based barriers that replace petroleum-derived polyethylene in cartons. Their products, used for milk, juice, and plant-based drinks, incorporate up to 100% plant-based materials. The company’s focus on end-to-end sustainability makes it a preferred partner for food and beverage giants aiming to reduce plastic waste.

Sustainability Initiatives:

• Production of 25 billion bio-based packages annually, avoiding 1.5 million tons of fossil fuels
• Investment in forest-based sourcing and recycling programs
• Commitment to fully renewable packaging by 2025 for select product lines

Download FREE Sample Report: Bioplastics for Packaging Market – View in Detailed Research Report

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6️⃣ 5. ALPLA Werke Alwin Lehner GmbH & Co KG

Headquarters: Hard, Austria
Key Offering: rPET and bio-based bottles, sustainable rigid packaging solutions

ALPLA specializes in plastic packaging with a growing emphasis on bioplastics, producing bottles and containers from recycled and bio-derived PET. Serving consumer goods and pharmaceuticals, the company integrates advanced blow-molding technology to create lightweight, eco-friendly options. Their European manufacturing network supports rapid scaling for global brands.

Sustainability Initiatives:

• Over 50% of production using recycled or bio-based materials
• Expansion of bio-PET facilities to meet regulatory demands in Europe
• Closed-loop recycling partnerships with retailers and suppliers

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5️⃣ 6. Corbion

Headquarters: Amsterdam, Netherlands
Key Offering: PHA biopolymers, bio-based additives for packaging films

Corbion excels in microbial fermentation to produce polyhydroxyalkanoates (PHA), a fully biodegradable bioplastic used in compostable packaging. Their ENMAT™ and PHI™ lines target flexible films and rigid trays, offering marine degradability. As a key player in the bio-economy, Corbion collaborates with converters to enhance material performance for food safety applications.

Sustainability Initiatives:

• Commercial-scale PHA production ramping up to 50,000 tons by 2025
• Focus on waste-to-bioplastic technologies using agricultural residues
• Certifications for industrial and home compostability across product range

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4️⃣ 7. NatureWorks LLC

Headquarters: Plymouth, Minnesota, USA
Key Offering: Ingeo™ PLA resins for cups, trays, and films

NatureWorks is the world’s largest producer of polylactic acid (PLA) from corn starch, supplying bioplastics for transparent packaging in food service and retail. Their Ingeo™ biopolymer is versatile, rigid, and thermoformable, reducing reliance on fossil fuels. With facilities in the US and Thailand, they cater to Asia-Pacific growth in sustainable disposables.

Sustainability Initiatives:

• Annual production capacity of 150,000 tons, with plans to double by 2026
• Life-cycle assessments showing 65% lower greenhouse gas emissions than PET
• Collaborations for PLA recycling and upcycling technologies

Download FREE Sample Report: Bioplastics for Packaging Market – View in Detailed Research Report

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3️⃣ 8. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi® starch-based bioplastics for bags and mulch films

Novamont leads in bio-based and biodegradable polymers from renewable resources like starch and vegetable oils. Their Mater-Bi range is widely used in certified compostable bags and agricultural films, promoting soil health. Operating primarily in Europe, the company drives policy influence for bioplastics adoption in waste management.

Sustainability Initiatives:

• Over 100,000 tons of biodegradable plastics produced yearly
• Integration of agro-industrial byproducts to minimize land use
• Advocacy for EU standards on compostable packaging

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2️⃣ 9. Mondi Group

Headquarters: Vienna, Austria
Key Offering: Bio-based flexible packaging, paper-biodegradable laminates

Mondi combines paper and bioplastics expertise to create hybrid solutions for e-commerce and food packaging. Their products feature bio-PE liners and barrier coatings, reducing plastic content by up to 90%. With a global footprint, Mondi supports brands in meeting sustainability targets through innovative, recyclable designs.

Sustainability Initiatives:

• Development of mono-material bio-based films for better recyclability
• Commitment to 100% reusable or recyclable packaging by 2025
• Sourcing from certified sustainable forests and bio-renewable polymers

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1️⃣ 10. Amcor plc

Headquarters: Zürich, Switzerland
Key Offering: Bio-based PET films, sustainable rigid and flexible packaging

Amcor is a packaging powerhouse innovating with bio-resins for bottles, pouches, and trays. Their AmPrima™ portfolio includes plant-based alternatives for high-barrier applications in pharmaceuticals and snacks. Serving over 250 countries, Amcor’s scale enables cost-effective transitions to bioplastics for multinational clients.

Sustainability Initiatives:

• Investment in bio-PET supply chains with 30% market penetration goal by 2030
• Partnerships for enzymatic recycling of bioplastics
• Reduction targets for virgin plastic use, emphasizing bio-sourced materials

Read Full Report: Bioplastics for Packaging Market – View in Detailed Research Report

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🌍 Outlook: The Future of Bioplastics for Packaging Is Greener and More Innovative

The bioplastics for packaging market is undergoing a dynamic shift. While conventional plastics still hold a significant share, the sector is channeling substantial investments into renewable feedstocks, advanced biodegradation technologies, and scalable production networks. This evolution is crucial as global plastic pollution concerns escalate, prompting a move toward materials that biodegrade without leaving microplastic residues.

Furthermore, as governments worldwide enforce bans on single-use items and incentivize circular economy practices, bioplastics manufacturers are poised to capture larger market segments. The integration of bioplastics into supply chains not only addresses environmental imperatives but also aligns with consumer preferences for transparent, planet-friendly branding. However, challenges like cost competitiveness and infrastructure for composting remain, yet ongoing R&D promises breakthroughs that could make bioplastics the standard in packaging.

📈 Key Trends Shaping the Market:

• Rapid expansion of PLA and PHA production capacities in North America and Europe
• Regulatory mandates for minimum bio-content in packaging, targeting 20-30% by 2030
• Digital tracking of material origins and end-of-life processing for enhanced transparency
• Strategic alliances between bioplastics producers and brand owners to co-develop custom solutions

Read Full Report: Bioplastics for Packaging Market – View in Detailed Research Report

The companies listed above are not only revolutionizing packaging materials—they’re leading the global push toward a plastic-free future, ensuring that sustainability becomes synonymous with innovation in the industry.

In summary, the bioplastics for packaging landscape is vibrant and full of potential. From bio-PE replacing traditional polyethylene in flexible wrappers to PHA enabling truly ocean-safe disposables, these advancements are reshaping how products reach consumers. As emerging economies like India and Brazil ramp up adoption, driven by urbanization and green policies, the market’s trajectory points toward exponential growth. Stakeholders should monitor enzymatic degradation tech and hybrid bio-paper solutions, as these could disrupt conventional packaging paradigms. Ultimately, investing in bioplastics today means preparing for a tomorrow where environmental stewardship drives business success.

Because the demand for sustainable options continues to surge—with e-commerce alone projecting a need for billions more eco-friendly packages annually—these top players are strategically positioned. For instance, expansions in Asia-Pacific facilities reflect anticipation of regulatory shifts similar to Europe’s single-use plastic directive. Moreover, collaborations with agricultural sectors ensure steady renewable input supplies, mitigating volatility in bio-feedstock prices. Yet, while progress is evident, harmonizing global standards for biodegradability will be key to widespread acceptance.

Looking deeper, the role of innovation in overcoming barriers cannot be overstated. Companies are exploring mycelium-based alternatives and algae-derived polymers, though scaling remains a hurdle. Nonetheless, with venture capital flowing into biotech startups, accelerated commercialization is on the horizon. This confluence of factors underscores why the bioplastics for packaging sector is not just growing but transforming the entire value chain toward resilience and responsibility.

To delve further into market dynamics, segment analyses reveal that flexible packaging, including films and bags, accounts for over 40% of bioplastics usage due to their versatility in consumer goods. Rigid applications like bottles are catching up, fueled by beverage industry pledges. Regionally, Europe’s mature eco-policies contrast with Asia’s rapid industrialization, creating diverse opportunities. By understanding these nuances, businesses can strategically align with leaders like those profiled, fostering partnerships that amplify impact.

In conclusion, the top 10 companies highlighted here exemplify the blend of technological prowess and environmental commitment needed to propel bioplastics forward. Their initiatives, from net-zero goals to supply chain optimizations, set benchmarks for the industry. As we approach 2025, expect heightened focus on cost reductions through economies of scale and policy support, making bioplastics accessible across price-sensitive markets.