The starch-based bioplastic market is expected to grow from USD 2.030 billion in 2025 to USD 2.892 billion in 2030, at a CAGR of 7.33%.
Bioplastics assist manufacturing businesses to stay competitive by helping to fulfill growing customer sustainability requirements. They are frequently generated from numerous biomass sources, the most common of which is starch, a natural polymer that may be integrated into a variety of products. Because starch-based plastics may be combined with other petroleum-based polymers or biopolymers to form novel composite materials, they can be employed in a wide range of applications. Using normal processing equipment, these composite materials may subsequently be injection molded or extruded.
Furthermore, growing environmental consciousness has increased the demand for starch-based bioplastics packaging. The shift in consumer choice from petrochemical goods to environmentally friendly alternatives is projected to have a substantial influence on starch-based bioplastics packaging. Bioplastic is made from renewable materials such as agricultural and food waste. Plastics are widely employed in numerous end-use sectors, resulting in the accumulation of landfill debris over time. Various countries are concerned about the hazards linked with materials that cannot be decomposed for decades. This will raise market demand for starch-based bioplastics packaging.
Moreover, the widespread usage of starch-based films in the packaging industry for food packaging, hygiene packaging, pharmaceutical packaging, and commodities packaging promotes market expansion. Bio-based materials used in conjunction with suitably recyclable PE and PET have resulted in a significant increase in starch-based bioplastics packaging and a reduction in carbon-dioxide emissions.
Starch-based plastics are being used in a variety of end-use sectors, including agricultural, transportation, automotive, consumer products, and packaging. During the projected period, the fast expansion of these sectors is expected to boost demand possibilities in the worldwide starch-based plastic market. Therefore, companies have introduced a wide range of products that have also contributed to the market’s revenue. For instance, Ho Ren Hua is the CEO of Thai Wah, a Thai firm that specializes in the production of tapioca starch, vermicelli, and noodles. Ho's grandfather founded the firm in 1947, and it has since grown into an agrifood conglomerate with 15 operations across Asia. With sustainability at the heart of the company, Ho said that Thai Wah launched the very first generation of tapioca starch-based bioplastics in January 2022, addressing the demand for sustainable packaging.
Additionally, governments around the world are primarily focusing on creating environmentally friendly packaging material that can be sustainable, which also adds to the sale of starch-based bioplastic. For instance, the Mohammed Bin Rashid Innovation Fund, an initiative developed by the UAE Ministry of Finance to foster countrywide innovation, committed AED2.5 million in financing support to Avani Eco Middle East. Avani Eco Middle East is a UAE-based startup that employs technology to address the worldwide plastic waste issue. It offers biodegradable bioplastic manufactured from cassava starch, as well as a comprehensive range of renewable food packaging and hospitality items. Avani Eco uses the fund covered by MBRIF's guarantee to localize its production in the UAE and advance its research and development from its headquarters. As part of its commitment to Sustainable Development Goals, the UAE Government seeks to ensure sustainable growth while maintaining the environment and achieving a perfect balance between economic and social development, as stated by the Ministry of Finance. This and the objective laid out by Avani Eco Middle East in their mission to eliminate the plague of wasted plastics and the terrible impact this may have on the environment around us have evident synergy.
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