Bioplastics Market Size to Reach USD 19.93 Billion by 2026; to Increasing Demand from Food and Pharmaceutical Industries; Says Fortune Business Insights™

Pune, India, Jan. 29, 2021 (GLOBE NEWSWIRE) — As per the report published by Fortune Business Insights™, the global bioplastics market size will exhibit a CAGR of 16.2% and reach USD 19.93 billion by 2026. The forecast period is set from 2019 to 2026, and the market value as per 2018 was USD 6.04 billion.

The global bioplastics market is anticipated to witness promising growth on account of the rising awareness about environmental protection worldwide. Fortune Business Insights™ in their report titled, “Bioplastics Market Size, Share & Industry Analysis, By Type (Biodegradable and Non-biodegradable), By Application (Rigid Packaging, Flexible Packaging, Textiles, Automotive & Transportation, Agriculture & Horticulture, Consumer Goods, and Others), and Regional Forecast, 2019-2026,” offers a detailed analysis of the market and throws light on major industry developments.

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