Published Date : 2025-Apr-16
As the world pivots toward sustainable packaging solutions, bioplastics — derived from renewable biomass sources — have carved a prominent niche in the global packaging industry.
This market is expected to surpass USD 51 billion by the end of 2025, growing at a CAGR of over 15%. Key players are not only scaling their output but also investing in research, partnerships, and regional expansions.
Let’s explore the top 10 global leaders in bioplastic packaging — their company profiles, financials, and contributions to a greener future.
Headquarters: Minnesota, USA
Founded: 1989
Employees: Approx. 250
Revenue (2024): $375M
NatureWorks, known for its Ingeo™ PLA biopolymer, is a pioneer in biodegradable plastics. The company is jointly owned by Cargill and PTT Global Chemical. Their innovation in packaging films and compostable materials sets the industry standard.
Headquarters: Ludwigshafen, Germany
Founded: 1865
Employees: Approx. 111,000 (global)
Revenue (2024): $75B (est.); Bio-packaging division approx. $1.2B
BASF’s ecovio® and Ecoflex® product lines are widely used in compostable packaging. Their R&D efforts and wide global footprint place them at the top of the sustainable packaging pyramid.
Headquarters: Novara, Italy
Founded: 1989
Employees: Approx. 650
Revenue (2024): $500M
Novamont’s Mater-Bi® is a market leader in starch-based bioplastics. The company integrates circular economy practices and has expanded across Europe and North America.
Headquarters: São Paulo, Brazil
Founded: 2002
Employees: Approx. 8,000
Revenue (2024): $15B (Green division: Approx. $750M)
Braskem produces I'm green™ Polyethylene, a bio-based plastic made from sugarcane. Their green PE is widely used in cosmetics, food, and industrial packaging.
Headquarters: Colombes, France
Founded: 2004
Employees: Approx. 21,000
Revenue (2024): $11B (Bio segment Approx. $600M)
Arkema offers Rilsan® Clear G, a bio-based transparent polymer. The company focuses on high-performance bioplastics for rigid and semi-flexible packaging.
Headquarters: Georgia, USA
Founded: 2004
Employees: Approx. 200
Revenue (2024): $85M
Danimer is behind the PHA-based Nodax® polymer, certified marine biodegradable. They've partnered with PepsiCo and Mars to scale sustainable snack and food packaging.
Headquarters: Southampton, UK
Founded: 2002
Employees: Approx. 60
Revenue (2024): $25M
Focused on cellulose and starch-based alternatives, Biome serves the food, beverage, and e-commerce sectors with compostable trays, lids, and cups.
Headquarters: Gorinchem, Netherlands
Founded: 2016 (JV of TotalEnergies and Corbion)
Employees: Approx. 300
Revenue (2024): $350M
Their high-purity Luminy® PLA is rapidly gaining ground in rigid food packaging, electronics, and fibers.
Headquarters: Hod HaSharon, Israel
Founded: 2010
Employees: Approx. 100
Revenue (2024): $45M
TIPA's packaging mimics plastic but is fully compostable. Their clients include fashion and organic food retailers in Europe and the US.
Headquarters: Belgium
Founded: 2003
Employees: Approx. 120
Revenue (2024): $60M
Futerro is a vertically integrated PLA producer and recycling pioneer with growing markets in Asia and the EU.
Region | Market Share (%) | Key Trends |
Europe | 35% | Regulatory push, composting infra, strong R&D |
North America | 25% | Fast-food and FMCG adoption, corporate pledges |
Asia-Pacific | 30% | Manufacturing hubs (China, India), rapid urbanization |
Latin America | 6% | Sugarcane-based PE, Brazil’s leadership |
Middle East & Africa | 4% | Nascent stage, focus on exports |
Would you like me to add more details on specific companies or market trends? Let me know! CLICK HERE
Intellectual Market Insights Research is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including, Semiconductor, aerospace, Automation, Agriculture, Food & Beverages, Automotive, Chemicals and Materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports.
