Latin America Biodegradable Plastic Market Size & Outlook
The biodegradable plastic market in Latin America is expected to reach a projected revenue of US$ 1,194.1 million by 2033. A compound annual growth rate of 13.86% is expected of Latin America biodegradable plastic market from 2026 to 2033.
- Plastics Polymers & Resins
- Bio-Based Plastics
- Biodegradable Plastic Market Outlook
- Bio-Based Plastics
Revenue, 2025 (US$M)
$429.3
Estimate, 2026 (US$M)
$481.4
Forecast, 2033 (US$M)
$1,194.1
CAGR, 2026 - 2033
13.9%
Global Market
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Latin America biodegradable plastic market highlights
- The Latin America biodegradable plastic market generated a revenue of USD 429.3 million in 2025.
- The market is expected to grow at a CAGR of 13.86% from 2026 to 2033.
- In terms of segment, starch based was the largest revenue generating process in 2025.
- Starch Based is the most lucrative process segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 429.3 million |
| Market revenue in 2033 | USD 1,194.1 million |
| Growth rate | 13.86% (CAGR from 2026 to 2033) |
| Largest segment | Starch based |
| Fastest growing segment | Starch Based |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Starch Based, PLA, PBAT, PBS, PHA |
| Key market players worldwide | Cargill, PTT Global Chemical PCL ADR, Biome Technologies, Plantic Technologies Ltd, Basf SE, NatureWorks, Eastman Chemical Co, Danimer Scientific Inc Ordinary Shares - Class A |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.7% of the global biodegradable plastic market in 2025.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,615.5 million by 2033.
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Publish Date: Jul 27, 2026
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Biodegradable Plastic Market Scope
Biodegradable Plastic Market segmentation & scope
Biodegradable Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Eastman Chemical Co | View profile | 14,000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | www.eastman.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | www.cargill.com |
| PTT Global Chemical PCL ADR | View profile | 6,334 | Vibhavadi-Rangsit Road, 555/1, Energy Complex, Building A, 18th Floor, Chatuchak, Bangkok, Thailand, 10900 | www.pttgcgroup.com |
| Danimer Scientific Inc Ordinary Shares - Class A | View profile | 257 | 140 Industrial Boulevard, Bainbridge, GA, United States, 39817 | www.danimerscientific.com |
| NatureWorks | View profile | 501-1000 | Minnetonka, Minnesota, United States, North America | www.natureworksllc.com |
| Biome Technologies | View profile | 101-250 | Southampton, Southampton, United Kingdom, Europe | biometechnologiesplc.com/ |
| Plantic Technologies Ltd | View profile | 101-250 | Melbourne, Victoria, Australia, Oceania | www.plantic.com.au |
Latin America Biodegradable Plastic Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biodegradable Plastic Market Outlook will help companies and investors design strategic landscapes.
Starch Based was the largest segment with a revenue share of 45.87% in 2025.
Horizon Databook has segmented the Latin America biodegradable plastic market based on starch based, pla, pbat, pbs, pha covering the revenue growth of each sub-segment from 2021 to 2033.
- Latin America Biodegradable Plastic Market Process Outlook (Revenue, USD Million , 2021-2033)
- Starch Based
- PLA
- PBAT
- PBS
- PHA
- Others
- Latin America Biodegradable Plastic Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Packaging
- Agriculture
- Textiles
- Consumer Goods
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Biodegradable Plastic Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Biodegradable Plastic Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Biodegradable Plastic Market, 2021-2033 (US$M)
Latin America Process - Biodegradable Plastic Market Statistics, 2025 - 2033 (Kilotons)
