Biobased Biodegradable Plastic Market to Reach USD 13.6 billion by 2033 Amid Rising Demand for Sustainable Packaging Solutions

The biobased biodegradable plastic market size, valued at USD 5.2 billion in 2023, is poised for significant growth, expanding at a compound annual growth rate (CAGR) of 10% over the next decade. This growth trajectory is expected to propel the market to a valuation of approximately USD 13.6 billion by 2033. The increasing global focus …