Bio-Polylactic Acid (PLA) Market: By Raw Material (Corn, Cassava, Sugarcane & Sugar Beet, and Others), By End-User Industry (Packaging, Medical, Electronics, Agriculture, Textiles, and Other End-user Industries), and Geography  

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Bio-Polylactic Acid (PLA) Market size was valued at USD 573.2 million in 2022 and is expanded to grow at a significant CAGR of 18.7% from 2023-2029. A common bio-based plastic made from bio-based monomers is bio-polylactic acid. Unlike plastic films, Bio-PLA films can hold twists and folds. The rising popularity of bio-polylactic acid films is mostly due to greater consumer health and environmental awareness. Furthermore, governments in many countries have enacted strict rules and policies to boost bio-polylactic acid's appeal. The rising use of bio-PLA in 3D printing and the increased output of genetically modified corn are anticipated to present opportunities in the future. The Food and Drug Administration (FDA) and affiliated organizations advocate the use of biodegradable and food-grade plastics for beverage and snack consumption as part of their increased food safety intervention. The packaging segment is predicted to dominate the market based on end-user industries. One of the biggest users of bio-polylactic acid is the packaging sector (PLA). During the projected period, packaging demand is expected to rise in areas such as groceries, home entertainment items, and household supplies. At the same time, many industries, such as food and pharmaceutical packaging, continue to see strong demand.

Bio-Polylactic Acid (PLA) Market Development: 

  • In Jan 2022, Danimer Scientific, Inc., and TotalEnergies Corbion are set to enter a long-term collaborative agreement for the supply of Luminy PLA, a bio-based polymer made with approximately 20% recycled content, to enhance the production of resins with blended PHA and PLA inputs.

Bio Polylactic Acid Pla Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

18.7%

Largest Market

Asia-Pacific

Fastest Growing Market

North America
Bio-Polylactic Acid (PLA) Market Dynamics

Growing demand for the food packaging industry is expected to drive the global bio-polylactic acid market. Bio-based materials are increasingly being used as food packaging materials due to their advantages over fossil-based plastics, such as using renewable resources in their manufacture. The global bio-polylactic acid film market is expected to be hampered by higher costs than semi-synthetic and synthetic films during the forecast period.

Bio Polylactic Acid Pla Market Segmentation

By Raw materials
  • Corn
  • Cassava
  • Sugarcane and Sugar Beet
  • Others
By End User
  • Packaging
  • Medical
  • Electronics
  • Agriculture
  • Textiles
  • Other End-user Industries
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Frequently Asked Questions

The Bio Polylactic Acid size was valued at USD 573.2 million in 2022

NatureWorks LLC, Sulzer Ltd, TotalEnergies Corbion, Futerro, Taghleef Industries

The Bio-Polylactic Acid (PLA) Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1. Executive Summary
2. Global Bio Polylactic Acid Pla Market Introduction 
2.1.Global Bio Polylactic Acid Pla Market  - Taxonomy
2.2.Global Bio Polylactic Acid Pla Market  - Definitions
2.2.1.Raw materials
2.2.2.End User
2.2.3.Geography
2.2.4.Region
3. Global Bio Polylactic Acid Pla Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Bio Polylactic Acid Pla Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Bio Polylactic Acid Pla Market  By Raw materials, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Corn
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Cassava
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Sugarcane and Sugar Beet
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6. Global Bio Polylactic Acid Pla Market  By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Packaging
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Medical
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Electronics
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Agriculture
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Textiles
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Other End-user Industries
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7. Global Bio Polylactic Acid Pla Market  By Geography, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Latin America
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. MEA
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. Global Bio Polylactic Acid Pla Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Bio Polylactic Acid Pla Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Raw materials Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Corn
9.1.2.Cassava
9.1.3.Sugarcane and Sugar Beet
9.1.4.Others
9.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Packaging
9.2.2.Medical
9.2.3.Electronics
9.2.4.Agriculture
9.2.5.Textiles
9.2.6.Other End-user Industries
9.3.  Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.North America
9.3.2.Europe
9.3.3.Asia Pacific
9.3.4.Latin America
9.3.5.MEA
9.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Bio Polylactic Acid Pla Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Raw materials Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Corn
10.1.2.Cassava
10.1.3.Sugarcane and Sugar Beet
10.1.4.Others
10.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Packaging
10.2.2.Medical
10.2.3.Electronics
10.2.4.Agriculture
10.2.5.Textiles
10.2.6.Other End-user Industries
10.3.  Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.North America
10.3.2.Europe
10.3.3.Asia Pacific
10.3.4.Latin America
10.3.5.MEA
10.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Bio Polylactic Acid Pla Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Raw materials Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Corn
11.1.2.Cassava
11.1.3.Sugarcane and Sugar Beet
11.1.4.Others
11.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Packaging
11.2.2.Medical
11.2.3.Electronics
11.2.4.Agriculture
11.2.5.Textiles
11.2.6.Other End-user Industries
11.3.  Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.North America
11.3.2.Europe
11.3.3.Asia Pacific
11.3.4.Latin America
11.3.5.MEA
11.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Bio Polylactic Acid Pla Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Raw materials Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Corn
12.1.2.Cassava
12.1.3.Sugarcane and Sugar Beet
12.1.4.Others
12.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Packaging
12.2.2.Medical
12.2.3.Electronics
12.2.4.Agriculture
12.2.5.Textiles
12.2.6.Other End-user Industries
12.3.  Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.North America
12.3.2.Europe
12.3.3.Asia Pacific
12.3.4.Latin America
12.3.5.MEA
12.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Bio Polylactic Acid Pla Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Raw materials Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Corn
13.1.2.Cassava
13.1.3.Sugarcane and Sugar Beet
13.1.4.Others
13.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Packaging
13.2.2.Medical
13.2.3.Electronics
13.2.4.Agriculture
13.2.5.Textiles
13.2.6.Other End-user Industries
13.3.  Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.North America
13.3.2.Europe
13.3.3.Asia Pacific
13.3.4.Latin America
13.3.5.MEA
13.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Cofco
14.2.2.Danimer Scientific
14.2.3.Futerro
14.2.4.BEWiSynbra Group
14.2.5.Polysciences Inc.
14.2.6.TotalEnergies Corbion
14.2.7.NatureWorks LLC
14.2.8.Sulzer Ltd
15. Research Methodology 
16. Appendix and Abbreviations 
  • Cofco
  • Danimer Scientific
  • Futerro
  • BEWiSynbra Group
  • Polysciences Inc.
  • TotalEnergies Corbion
  • NatureWorks LLC
  • Sulzer Ltd

Adjacent Markets