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Algae-based Bioplastics Market Size, Share & Trends Analysis Report by Product Type (Polyethylene (PE), Polypropylene (PP), Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA)), Application, Region, with Growth Forecasts, 2025-2030

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    Report

  • 120 Pages
  • April 2025
  • Region: Global
  • Grand View Research
  • ID: 6085802
The Algae-based Bioplastics Market was valued at USD 106.0 Million in 2024, and is projected to reach USD 146.2 Million by 2030, rising at a CAGR of 5.50%. 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.

Algae-based Bioplastics Market Report Highlights

  • The polyethylene (PE) segment accounted for the largest share of over 42.0% 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 43.0% 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 43.0% in 2024 and is anticipated to grow at the fastest CAGR of 6.1% during the forecast period.

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

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Market Segmentation
1.1.2. Market Definition
1.2. Research Scope & Assumptions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
1.7. List of Abbreviations
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)
4.2.1.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
4.2.2. Polypropylene (PP)
4.2.2.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
4.2.3. Polylactic Acid (PLA)
4.2.3.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
4.2.4. Polyhydroxyalkanoates (PHA)
4.2.4.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
4.2.5. Others
4.2.5.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
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
5.2.1.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
5.2.2. Textile & Fibers
5.2.2.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
5.2.3. Automotive
5.2.3.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
5.2.4. Agriculture
5.2.4.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
5.2.5. Cosmetics & Personal Care
5.2.5.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
5.2.6. Others
5.2.6.1. Market estimates and forecasts, 2018-2030 (USD Million) (Tons)
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
6.3.1. North America Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.3.2. U.S.
6.3.2.1. U.S. Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.3.3. Canada
6.3.3.1. Canada Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.3.4. Mexico
6.3.4.1. Mexico Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.4. Europe
6.4.1. Europe Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.4.2. Germany
6.4.2.1. Germany Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.4.3. UK
6.4.3.1. UK Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.4.4. France
6.4.4.1. France Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.4.5. Italy
6.4.5.1. Italy Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.4.6. Spain
6.4.6.1. Spain Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.5. Asia Pacific
6.5.1. Asia Pacific Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.5.2. China
6.5.2.1. China Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.5.3. India
6.5.3.1. India Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.5.4. Japan
6.5.4.1. Japan Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.5.5. Australia
6.5.5.1. Australia Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.5.6. South Korea
6.5.6.1. South Korea Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.6. Central & South America
6.6.1. Central & South America Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.6.2. Brazil
6.6.2.1. Brazil Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.6.3. Argentina
6.6.3.1. Argentina Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.7. Middle East & Africa
6.7.1. Middle East & Africa Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.7.2. Saudi Arabia
6.7.2.1. Saudi Arabia Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.7.3. UAE
6.7.3.1. UAE Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
6.7.4. South Africa
6.7.4.1. South Africa Algae-based Bioplastics Market Estimates & Forecasts, 2018-2030 (USD Million) (Tons)
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
List of Tables
Table 1 Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 2 Algae-based Bioplastics market estimates and forecasts, by Polyethylene (PE), 2018-2030 (USD Million) (Tons)
Table 3 Algae-based Bioplastics market estimates and forecasts, by Polypropylene (PP), 2018-2030 (USD Million) (Tons)
Table 4 Algae-based Bioplastics market estimates and forecasts, by Polylactic Acid (PLA), 2018-2030 (USD Million) (Tons)
Table 5 Algae-based Bioplastics market estimates and forecasts, by Polyhydroxyalkanoates (PHA), 2018-2030 (USD Million) (Tons)
Table 6 Algae-based Bioplastics market estimates and forecasts, by Others, 2018-2030 (USD Million) (Tons)
Table 7 Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 8 Algae-based Bioplastics market estimates and forecasts, in Packaging, 2018-2030 (USD Million) (Tons)
Table 9 Algae-based Bioplastics market estimates and forecasts, in Textiles & Fibers, 2018-2030 (USD Million) (Tons)
Table 10 Algae-based Bioplastics market estimates and forecasts, by Automotive, 2018-2030 (USD Million) (Tons)
Table 11 Algae-based Bioplastics market estimates and forecasts, by Agriculture, 2018-2030 (USD Million) (Tons)
Table 12 Algae-based Bioplastics market estimates and forecasts, by Cosmetics & Personal Care, 2018-2030 (USD Million) (Tons)
Table 13 Algae-based Bioplastics market estimates and forecasts, by Others, 2018-2030 (USD Million) (Tons)
Table 14 Algae-based Bioplastics market estimates and forecasts, by region, 2018-2030 (USD Million) (Tons)
Table 15 North America Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 16 North America Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 17 North America Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 18 U.S. Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 19 U.S. Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 20 U.S. Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 21 Canada Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 22 Canada Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 23 Canada Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 24 Mexico Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 25 Mexico Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 26 Mexico Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 27 Europe Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 28 Europe Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 29 Europe Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 30 Germany Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 31 Germany Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 32 Germany Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 33 UK Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 34 UK Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 35 UK Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 36 France Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 37 France Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 38 France Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 39 Italy Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 40 Italy Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 41 Italy Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 42 Spain Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 43 Spain Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 44 Spain Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 45 Asia Pacific Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 46 Asia Pacific Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 47 Asia Pacific Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 48 China Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 49 China Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 50 China Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 51 Japan Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 52 Japan Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 53 Japan Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 54 India Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 55 India Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 56 India Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 57 Australia Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 58 Australia Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 59 Australia Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 60 South Korea Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 61 South Korea Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 62 South Korea Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 63 Central & South America Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 64 Central & South America Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 65 Central & South America Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 66 Brazil Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 67 Brazil Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 68 Brazil Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 69 Argentina Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 70 Argentina Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 71 Argentina Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 72 Middle East & Africa Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 73 Middle East & Africa Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 74 Middle East & Africa Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 75 Saudi Arabia Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 76 Saudi Arabia Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 77 Saudi Arabia Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 78 UAE Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 79 UAE Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 80 UAE Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
Table 81 South Africa Algae-based Bioplastics market estimates and forecasts, 2018-2030 (USD Million) (Tons)
Table 82 South Africa Algae-based Bioplastics market estimates and forecasts, by Product Type, 2018-2030 (USD Million) (Tons)
Table 83 South Africa Algae-based Bioplastics market estimates and forecasts, by Application, 2018-2030 (USD Million) (Tons)
List of Figures
Figure 1 Information Procurement
Figure 2 Primary Research Pattern
Figure 3 Primary Research Process
Figure 4 Market Research Approaches - Bottom-Up Approach
Figure 5 Market Research Approaches - Top-Down Approach
Figure 6 Market Research Approaches - Combined Approach
Figure 7 Algae-based Bioplastics Market- Market Snapshot
Figure 8 Algae-based Bioplastics Market- Segment Snapshot (1/2)
Figure 9 Algae-based Bioplastics Market- Segment Snapshot (2/2)
Figure 10 Algae-based Bioplastics Market- Competitive Landscape Snapshot
Figure 11 Algae-based Bioplastics Market: Penetration & Growth Prospect Mapping
Figure 12 Algae-based Bioplastics Market: Value Chain Analysis
Figure 13 Algae-based Bioplastics Market: Porter’s Five Force Analysis
Figure 14 Algae-based Bioplastics Market: PESTEL Analysis
Figure 15 Algae-based Bioplastics Market: Product Type Movement Analysis, 2024 & 2030
Figure 16 Algae-based Bioplastics Market: Application Movement Analysis, 2024 & 2030
Figure 17 Algae-based Bioplastics Market: Regional Movement Analysis, 2024 & 2030
Figure 18 Algae-based Bioplastics Market: Company Positioning Analysis
Figure 19 Algae-based Bioplastics Market: Market Dashboard Analysis
Figure 20 Algae-based Bioplastics Market: Strategy Mapping

Companies Mentioned

The companies profiled in this Algae-based Bioplastics market report include:
  • Notpla Limited
  • Algix LLC
  • Lifeasible
  • Evoware
  • BZEOS
  • FLEXSEA
  • BLOM
  • Eranova
  • Sway Innovation Co.
  • ALGBIO
  • PT Seaweedtama Biopac Indonesia

Methodology

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