PUBLISHER: Grand View Research | PRODUCT CODE: 1588425
PUBLISHER: Grand View Research | PRODUCT CODE: 1588425
The global organic recycling of bio-based plastics market size was estimated at USD 2.20 billion in 2023 and is projected to grow at a CAGR of 10.1% from 2024 to 2030. The increasing awareness of environmental issues among consumers and businesses is driving the demand for organic recycling of bio-based plastics.
The market is witnessing an increased focus on sustainability from industries and consumers. Companies are now prioritizing eco-friendly solutions, driven by stricter environmental regulations and rising consumer awareness about plastic waste. With bio-based plastics being biodegradable or compostable, there is a growing trend toward adopting these materials in packaging, consumer goods, and agriculture. This shift is further supported by technological innovations that enhance the recyclability and performance of bio-based plastics, pushing demand across various sectors.
Global Organic Recycling of Bio-based Plastics Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global organic recycling of bio-based plastics market report based on source, application, and region: