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 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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