Global Polyhydroxyalkanoates Market Size & Outlook
The global polyhydroxyalkanoates market size was estimated at USD 650.7 million in 2023 and is projected to reach USD 1,222.1 million by 2030, growing at a CAGR of 9.4% from 2024 to 2030.
Revenue, 2023 (US$M)
$650.7
Forecast, 2030 (US$M)
$1,222.1
CAGR, 2024 - 2030
9.4%
Report Coverage
Worldwide
Global polyhydroxyalkanoates market, 2018-2030 (US$M)
Global polyhydroxyalkanoates market highlights
- The global polyhydroxyalkanoates market generated a revenue of USD 650.7 million in 2023 and is expected to reach USD 1,222.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.4% by 2030.
- In terms of segment, short chain length accounted for a revenue of USD 650.7 million in 2023.
- Short Chain Length is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 650.7 million |
| Market revenue in 2030 | USD 1,222.1 million |
| Growth rate | 9.4% (CAGR from 2024 to 2030) |
| Largest segment | Short chain length |
| Fastest growing segment | Short Chain Length |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Short Chain Length |
Other key industry trends
- In terms of revenue, the North America accounted for 29.6% of the global polyhydroxyalkanoates market in 2023.
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Polyhydroxyalkanoates Market Scope
Polyhydroxyalkanoates market segmentation & scope
End Use
Packaging
Agriculture
Textiles
Consumer Goods
Others
Countries
Canada
Mexico
U.S.
Germany
UK
Italy
Spain
France
China
India
Japan
South Korea
Taiwan
Argentina
Brazil
Saudi Arabia
South Africa
UAE
Polyhydroxyalkanoates Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yield10 Bioscience Inc | View profile | 29 | 19 Presidential Way, Woburn, MA, United States, 01801 | https://www.yield10bio.com |
| Danimer Scientific Inc Ordinary Shares - Class A | View profile | 257 | 140 Industrial Boulevard, Bainbridge, GA, United States, 39817 | https://www.danimerscientific.com |
| Kaneka Corp | View profile | 13284 | 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 | http://www.kaneka.co.jp |
| Procter & Gamble Co | View profile | 107000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | https://www.pginvestor.com |
Global polyhydroxyalkanoates market size, by regions, 2018-2030 (US$M)
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