The market for bioplastics used in packaging is anticipated to reach USD 16.6 billion by 2027
According to the market study of bioplastics for packaging by FMI, the total amount of bioplastics used for packaging worldwide is expected to rise by 10.3 percent YoY in 2022. By 2027, the films segment of the worldwide bioplastics for packaging market is anticipated to retain a 40.8 percent market share
PepsiCo Europe sets ambition to eliminate virgin fossil-based plastic in all of its chrisp and chip bags by the end of the decade
Consumer trials of the 100% recycled or renewable plastics packaging will begin in European markets in 2022, starting with renewable plastic in a Lay’s range in France in the first half of the year
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