Bioplastic Packaging Market is estimated to be US$ 77.1 billion by 2032 with a CAGR of 25.5% over the forecast period (2022-2032)
The report “Bioplastic Packaging Market, By Product Type (Bio-PET, PLA and PLA Blends, Starch Blends, Other biodegradables), By Application (Plastic Bottles, Packaging and Others), By Packaging Type (Rigid, Flexible), By End-Use (Food and Beverages, Consumer Goods, Pharmaceutical, Industrial Goods, Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends Analysis and Forecast till 2032 “. Bioplastics are made by converting sugars in plants into plastic, in the United States, that sugar comes from corn, other countries use sugar cane, sugar beets, wheat, or potatoes, and this makes bioplastics renewable and better for the environment than conventional plastics. Unlike conventional plastics made from petroleum, bioplastics are made from renewable biomass sources such as vegetable fats and oils, corn starch, straw, woodchips, sawdust, recycled food waste, etc.

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