Biodegradable Plastic Packaging Market - Technology Vendor Assessment (Vendor Summary Profiles, Strategies, Capabilities Product Mapping Regional Economic Analysis) by MDC Research Pune, May 05, 2022 (GLOBE NEWSWIRE) -- Biodegradable packaging protects goods from natural degradation. Bioplastics conserve resources by keeping food safe, withstanding high temperatures, and maintaining their shape over time. Biodegradable plastic packaging has the same properties as traditional plastic packaging but is more environmentally friendly. Biodegradable plastic is made from all-natural plant-based raw materials, allowing for a natural breakdown process in which bacteria and fungi in the environment metabolize the polymers. This helps break down a biodegradable plastic structure. Biodegradable packaging made from natural ingredients like starch, cellulose, protein, and vegetable oil is a promising alternative to plastic packaging. Many retailers have started using recycled paper and biodegradable plastic bags for packaging in response to government regulations. "The global market for biodegradable plastic packaging is expected to grow at a 20.3% CAGR between 2022 and 2030, reaching a value of approximately USD 14.1 billion in 2030." Download Sample PDF https:||www.marketdatacentre.com|samplepdf|15690 Biodegradable polymers derived from these sources can be used to contribute to the preservation of a healthy environment.