Biodegradable Food Packaging Films Market Analysis

The biodegradable food packaging films market is segmented based on type into PLA, Starch Blends, Biodegradable Polyesters, PHA and others, out of which, PLA segment is anticipated to grab the largest share by the end of 2021 on account of instant availability of raw materials and rising demand of biopolymers in the food and beverages packaging industry. Raw materials used in the manufacturing of biodegradable food packaging such as PLA, PHA, starch, and PBS have volatile prices.

On the basis of application, the dairy products segment in the global biodegradable food packaging films is projected to grow with a significant CAGR over the forecast period. The growth of the segment is mainly driven by rise in urban population and demand for dairy product has been increased in past few decades. However, challenges such as contamination of packaged food and chemicals used in packaging material hamper the market growth.

Our in-depth analysis of the global market includes the following segments:

By Type	PLA Starch Blends Biodegradable Polyesters PHA Others
By Application	Dairy products Bakery Confectionery Convenience foods Fruits & vegetables Sauces, dressings and condiments Others

Frequently Asked Questions (FAQ)

Rising concern in environment and food safety and increasing production capacities of bioplastics are the key factors driving the market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Performance issues and lack of awareness about the disadvantages of non-biodegradable food packaging in lower economic regions are estimated to hamper the market growth.

The market in the Asia Pacific region will provide ample growth opportunities owing to the increasing awareness about biodegradable food packaging.

The major players dominating the biodegradable food packaging films market are BASF SE, Clearwater Paper Corporation, Georgia-Pacific LLC, and Mondi Group among others.

Biodegradable Food Packaging Films Market Analysis