Bioplastics currently represent roughly half a percent of the almost 414 million tonnes* of plastics produced annually, but as demand is rising and with more sophisticated materials, applications, and products emerging, the market is already growing very dynamically. According to the latest market data compiled by European Bioplastics, global production capacity of bioplastics is predicted to triple in the medium term, from around 2.47 million tonnes in 2024 to approximately 5.73 million tonnes in 2029.
