Starch-based Plastics Market is predicted to reach USD 3.31 Billion at a CAGR of 9.20% during the forecast period

Pune, India, August 2021, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Starch-Based Plastics Market.

Market Research Future (MRFR) has published a cooked research report on the “Global Starch-based Plastics Market” that contains information from 2022 to 2032. The Global Starch-based Plastics Market is estimated to register a CAGR of 9.20% during the forecast period of 2022 to 2032.

MRFR recognizes the following companies as the key players in the Global Starch-based Plastics Market AGRANA BETEILIGUNGS AG, Kuraray Co. Ltd, Rodenburg Biopolymers, Biome Bioplastics Limited, Wittenburg Group, Nihon Cornstarch Corporation, Toray Industries, Inc, and Corbion N.V.

Starch Based Plastics Market Highlights

The Global Starch-based Plastics Market is accounted to register a CAGR of 9.20% during the forecast period and is estimated to reach USD 3.31 Billion by 2032.

The Starch-based Plastics Market refers to the global market for biodegradable plastics derived from renewable starch sources. Starch-based plastics, also known as bioplastics, are a type of biodegradable polymer that offers an eco-friendly alternative to traditional petroleum-based plastics. These plastics are produced using various starch-rich feedstocks, such as corn, potatoes, and cassava. The market is driven by increasing environmental concerns and a growing demand for sustainable packaging and single-use plastic alternatives across various industries. Government regulations and initiatives promoting the use of biodegradable materials, along with shifting consumer preferences towards eco-friendly products, further fuel the growth of the starch-based plastics market.

Segment Analysis

The Global Starch-based Plastics Market has been segmented based on Type, and End-Use.

Based on Type, the market is segmented into Thermoplastic Starch and Starch Polymer Blends. the thermoplastic starch (TPS) category generating the highest revenue. Thermoplastic starch is created by blending starch with water or plasticizers like glycerin or sorbitol and is commonly used to manufacture various packaging materials, including films, bags, disposable plates and bowls, loose-fill, antistatic materials, shaped protective packaging, and agricultural products.

Based on End-Use, the Market has been segmented Automotive and Transportation, Agriculture, Packaging, Consumer Goods and Others. the packaging segment holds the dominant position in the market. Starch-based polymers find extensive use in the food packaging sector to enhance the shelf life of food products, leading to the production of bottles, carrying bags, disposable foam dishes and trays, cups, and biodegradable films. Several bioplastics, such as starch blends, PLA, PBAT, PET, PE, and PBS, are widely employed for packaging purposes, with PLA plastic offering both strength and transparency in single-use bottle applications

Regional Analysis

The Global Starch-based Plastics Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Starch-based Plastics Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Starch-based Plastics Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Starch-based Plastics Market comprises of Middle East, Africa, and Latin America.

The starch-based plastics market in North America is poised to take the lead due to the presence of well-established end-user industries that strongly support the market in the region. Additionally, there is a considerable demand for sustainability in North America, driving the increased adoption of starch-based plastics for eco-friendly packaging solutions. Within North America, the United States held a substantial market share for starch-based plastics during the forecast period.

The Europe starch-based plastics market holds the second-largest market share, driven by state-of-the-art research and development facilities and stringent government legislation aimed at reducing carbon footprints. The market's expansion is further supported by a wide range of essential applications, including bottles, shopping bags, loose packaging, and films for agricultural mulch, which widely utilize bioplastics. The increasing acceptance of bioplastics by customers throughout Europe is evidenced by the usage of over 100 billion bags annually within the European Union.

The Asia-Pacific starch-based plastics market is expected to achieve the fastest Compound Annual Growth Rate (CAGR) from 2023 to 2032, mainly driven by rising urbanization and industrialization in developing economies like India and other South East Asian nations. The market's expansion is fueled by the high population density in the region and extensive usage of starch-based bioplastics.

Key Findings of the Study

• The Global Starch-based Plastics Market is expected to reach USD 3.31 Billion by 2032, at a CAGR of 9.20% during the forecast period.


• The Indian Starch-based Plastics market has emerged as the fastest-growing market within the Asia-Pacific region, indicating a rapid expansion of Starch-based Plastics usage and demand in India.


• Based on Type, the Market has been segmented into Thermoplastic Starch Building holding the largest market in 2022.


• AGRANA BETEILIGUNGS AG, Kuraray Co. Ltd, Rodenburg Biopolymers, Biome Bioplastics Limited, Wittenburg Group, Nihon Cornstarch Corporation, Toray Industries, Inc, Corbion N.V.