Algae-based Bioplastics (PE, PP, PLA, PHA) Market Trends, Applications, and Growth Opportunities to 2030 Featuring Financial Insights of Leading Players Notpla, Algix, Lifeasible, Evoware, BZEOS and More

Dublin, May 16, 2025 (GLOBE NEWSWIRE) -- The "Algae-based Bioplastics Market Size, Share & Trends Analysis by Product Type (Polyethylene (PE), Polypropylene (PP), Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA)), Application, Region, with Growth Forecasts, 2025-2030" report has been added to ResearchAndMarkets.com's offering.

The Algae-based Bioplastics Market was valued at USD 106 Million in 2024, and is projected to reach USD 146.2 Million by 2030, rising at a CAGR of 5.50%.

Algae-based Bioplastics Market Insights

• The polyethylene (PE) segment accounted for the largest share of over 42% of the market in 2024 and is expected to grow at the fastest CAGR of 6.2% during the forecast period.
• Based on the application, the packaging segment dominated the market in 2024 by accounting for the largest revenue share of over 43% and is projected to grow at the fastest CAGR of 6.1% over the forecast period of 2025 to 2030.
• Asia-Pacific dominated the market space by registering the largest revenue market share of over 43% in 2024 and is anticipated to grow at the fastest CAGR of 6.1% during the forecast period.

Environmental concerns and regulations are the significant driving factors, propelling the growth of the algae-based bioplastics market. As governments worldwide implement stricter policies against single-use plastics and mandate reduced carbon footprints, companies are seeking sustainable alternatives. For instance, the European Union's Single-Use Plastics Directive has accelerated the adoption of biodegradable packaging solutions, with companies such as PlantSea creating algae-based flexible films for dry product packaging, addressing both regulatory compliance and consumer demand for eco-friendly products.

Consumer awareness and changing preferences represent another critical market driving factor for the market. The growing segment of environmentally conscious consumers is willing to pay premium prices for sustainable packaging and products. In addition, technological advancements and scalability improvements are rapidly expanding market potential. Recent innovations in cultivation systems and extraction methods have significantly reduced production costs, making algae-based bioplastics more competitive with conventional plastics.

Strategic partnerships across industries are accelerating market growth and application diversity. The collaboration between packaging companies and algae technology companies demonstrates how established manufacturers are incorporating algae-based materials into mainstream products. These cross-industry partnerships not only drive innovation but also help establish the necessary supply chains for wider commercial adoption.

North America maintains a considerable market share due to substantial investments in algae biotechnology and strong environmental regulations. Europe represents the moderate growth in market for algae-based bioplastics, driven by the EU's comprehensive regulatory framework targeting plastic reduction and circular economy initiatives. The Asia-Pacific region dominates the market and it offers the largest growth potential, combining abundant natural resources with increasing industrial capacity.

Why Should You Buy This Report?

• Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
• Competitive Landscape: Explore the market presence of key players.
• Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
• Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

• Market intelligence to enable effective decision-making
• Market estimates and forecasts from 2018 to 2030
• Growth opportunities and trend analyses
• Segment and regional revenue forecasts for market assessment
• Competition strategy and market share analysis
• Product innovation listings for you to stay ahead of the curve

Key Attributes

Key Topics Covered

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary
2.1. Market Snapshot, 2024 (USD Million)
2.2. Segmental Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Global Algae-based Bioplastics Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends
3.4. Technology Trends
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Market Challenge Analysis
3.7. Business Environment Analysis
3.7.1. Porter's Five Forces Analysis
3.7.2. PESTEL Analysis
3.8. Sustainability & Environmental Impact Assessment
3.9. Investment & Funding Analysis

Chapter 4. Global Algae-based Bioplastics Market: Product Type Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Product Type Movement Analysis & Market Share, 2024 & 2030
4.2.1. Polyethylene (PE)
4.2.2. Polypropylene (PP)
4.2.3. Polylactic Acid (PLA)
4.2.4. Polyhydroxyalkanoates (PHA)
4.2.5. Others

Chapter 5. Global Algae-based Bioplastics Market: Application Estimates & Trend Analysis
5.1. Key Takeaways
5.2. Application Movement Analysis & Market Share, 2024 & 2030
5.2.1. Packaging
5.2.2. Textile & Fibers
5.2.3. Automotive
5.2.4. Agriculture
5.2.5. Cosmetics & Personal Care
5.2.6. Others

Chapter 6. Global Algae-based Bioplastics Market: Region Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Regional Movement Analysis & Market Share, 2024 & 2030
6.3. North America
6.4. Europe
6.5. Asia-Pacific
6.6. Central & South America
6.7. Middle East & Africa

Chapter 7. Competitive Landscape
7.1. Key Global Players & Recent Developments & Their Impact on The Industry
7.2. Company/Competition Categorization
7.3. Vendor Landscape
7.3.1. List of Raw Material Suppliers and Key Value Chain Partners
7.3.2. List of Potential Customers
7.4. Company Market Position Analysis
7.5. Company Heat Map Analysis
7.6. Company Dashboard Analysis
7.7. Strategy Mapping
7.7.1. Expansions
7.7.2. Mergers & Acquisitions
7.7.3. Collaborations/Partnerships/Agreements
7.7.4. New Product Launches
7.7.5. Others

Chapter 8. Company Listing (Overview, Financial Performance, Products Overview)
8.1. Notpla Limited
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.2. Algix LLC
8.3. Lifeasible
8.4. Evoware
8.5. BZEOS
8.6. FLEXSEA
8.7. BLOM
8.8. Eranova
8.9. Sway Innovation Co.
8.10. ALGBIO
8.11. PT Seaweedtama Biopac Indonesia

For more information about this report visit https://www.researchandmarkets.com/r/547jop

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